Perched high on a hill with lovely city and water views -- This spacious, light filled intown three family home has 3 well maintained rental units. Each apartment has a Kitchen, Living Room, Dining Room and 2 Bedrooms, plus enclosed sunporch with beautiful rooftop and water views. This property offers separate electric, heat and hot water and laundry for each rental unit. Also, a full basement with high ceilings with interior and exterior access offers excellent storage and expansion potential for more living space. This is an excellent opportunity for an investment or owner occupant property with income! First showings on Sunday, March 15, 2015 from 1:00 to 2:30 p.m.
Multi-familyProperty Type
1900Year Built
5,000 sq ftLot Size
$240Est. Price/Sq.Ft.
3 spacesParking
Listed by Nancy Goodick• Coldwell Banker Residential Brokerage - Gloucester
Bought with Rosemary Quarato• RE/MAX Advantage Real Estate
WELL MAINTAINED 3-FAMILY ON NICE IN-TOWN STREET. HARBOR VIEWS, OFF-STREET PARKING, FENCED YARD. THREE 2-BEDROOM UNITS. EXTERIOR AND SECOND FLOOR DELEADED.
Year
Property tax
Land + Additions
Assessment*
2023
$6,753 (+11.1%)
$117,500 + $520,200
$637,700
2022
$6,081 (+3.4%)
$102,200 + $416,200
$518,400
2021
$5,882 (+5.8%)
$92,900 + $379,900
$472,800
2020
$5,561 (+8.2%)
$92,900 + $358,100
$451,000
2019
$5,141 (+4.4%)
$92,900 + $312,200
$405,100
2018
$4,925 (+5.2%)
$92,900 + $288,000
$380,900
2017
$4,680 (+17.4%)
$83,700 + $271,100
$354,800
2016
$3,988 (+2.0%)
$83,600 + $209,400
$293,000
2015
$3,909 (+3.8%)
$83,600 + $202,800
$286,400
2014
$3,765
$83,600 + $206,500
$290,100
2013
$3,765
$89,100 + $209,200
$298,300
2012
$3,765 (+2.4%)
$90,900 + $218,200
$309,100
2011
$3,678 (−5.8%)
$95,700 + $229,500
$325,200
2010
$3,906 (−3.8%)
$97,600 + $274,800
$372,400
2009
$4,062
$102,800 + $320,300
$423,100
Tax history for 7 Summit St
Year
Property tax
Land + Additions
Assessment*
2023
$6,753 (+11.1%)
$117,500 + $520,200
$637,700
2022
$6,081 (+3.4%)
$102,200 + $416,200
$518,400
2021
$5,882 (+5.8%)
$92,900 + $379,900
$472,800
2020
$5,561 (+8.2%)
$92,900 + $358,100
$451,000
2019
$5,141 (+4.4%)
$92,900 + $312,200
$405,100
2018
$4,925 (+5.2%)
$92,900 + $288,000
$380,900
2017
$4,680 (+17.4%)
$83,700 + $271,100
$354,800
2016
$3,988 (+2.0%)
$83,600 + $209,400
$293,000
2015
$3,909 (+3.8%)
$83,600 + $202,800
$286,400
2014
$3,765
$83,600 + $206,500
$290,100
2013
$3,765
$89,100 + $209,200
$298,300
2012
$3,765 (+2.4%)
$90,900 + $218,200
$309,100
2011
$3,678 (−5.8%)
$95,700 + $229,500
$325,200
2010
$3,906 (−3.8%)
$97,600 + $274,800
$372,400
2009
$4,062
$102,800 + $320,300
$423,100
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
6
Baths
3
Stories
2
Lot width
—
Lot depth
—
Lot size
4,792 Sq. Ft.
Year renovated
—
Sq. Ft.
3,234
Year built
1900
Style
Multi-Family (2-4 Unit)
County
Essex County
APN
1895122
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 20, 2023.
Property details
Parking
Parking Information
Parking Spaces: 3
Parking Features: Off Street
Interior
Bathroom Information
# of Bathrooms (Full): 3
Basement Information
Basement: Full, Walk-Out Access, Interior Entry
Interior Features
# of Rooms (Total): 15
Door Features: Storm Door(s)
Window Features: Storm Window(s)
Flooring: Vinyl, Carpet
Interior Features: Living Room, Dining Room, Kitchen, Sunroom
Unit #1 Information
# of Levels: 1
# of Floors: 1
Lease: N
Unit #2 Information
# of Levels: 1
# of Floors: 2
Lease: Y
Unit #3 Information
# of Levels: 1
# of Floors: 3
Lease: Y
Exterior
Building Information
Building Area (Total): 3,776
Foundation Area: 1,092
Foundation Details: Stone, Granite
Construction Materials: Frame
Stories (Total): 3
Year Built Source: Public Records
Year Built Details: Approximate
Color: Green
Exterior Features
Roof: Shingle
Property Information
PropertySubType: 3 Family
Has Waterview
Harbor, Ocean
Lot Information
Lot Size (Acres): 0.11
Lot Features: Gentle Sloping
ViewYN: Has View
View: City View(s), Scenic View(s), City
Road Surface Type: Paved
Road Frontage Type: Public
Road Responsibility: Public Maintained Road
Financial
Tax Information
Tax Annual Amount: $3,909
Tax Year: 2015
Utilities
Utility Information
Utilities: for Gas Range
Sewer: Public Sewer
Water Source: Public
Electric: Circuit Breakers
Heating & Cooling
Has Heating
Heating: Hot Water, Natural Gas
Heating Units: 3
Cooling Units: 0
Location
Location Information
Directions: Warner to Trask to Summit
UnparsedAddress: 7 Summit Street, Gloucester MA 01930
Community Information
Senior CommunityYN: No
Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Conservation Area, Highway Access, House of Worship, Marina, Public School, T-Station
Public facts
Beds: 6
Baths: 3.0
Sq. Ft.: 3,234
Stories: 2.0
Lot Size: 4,792 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1900
Year Renovated: —
County: Essex County
APN: 1895122
Home facts updated by county records on Jul 20, 2023
Other
Miscellaneous Information
Heat Zones: 3
Listing Information
StandardStatus: Closed
Around this home
Schools
K - 12
Preschool & daycare
East Veterans Elementary School
Public K-5 • Assigned • 0.6mi
5/10
Ralph B O'Maley Innovation Middle School
Public 6-8 • Assigned • 0.9mi
5/10
Gloucester High School
Public 9-12 • Assigned • 0.9mi
4/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 89° expected this year, 17 days in 30 years
8/10 Wind Factor
80% chance of strong winds in next 30 years
2/10 Air Factor
2 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Gloucester, MA • 01930
Average low and high temperatures (°F)
33
21
35
22
47
32
55
40
65
50
76
60
80
65
76
61
71
57
61
49
52
38
39
26
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9 hours in
June and 4.4 hours in December, placing it below the
U.S. average for solar exposure.
9 hrs
4.4 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$860,000 – $1.04M
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