OFF MARKET

Off market jan 2017 for $1.8M

—

Est. refi paymentEst. refi $8,476/mo

•

7,838

sq ft

8 Flume Rd, Gloucester, MA 01930

About this home

OFFERS DUE TUESDAY NOVEMBER 1ST @ 5PM. Attractive investment opportunity in Magnolia Village in Gloucester. Fifteen total apartments in brick building comprised of twelve one bedroom and 3 studio apartments. Most apartments have been recently updated or renovated! Improved parking lot with more than 15 spaces and recent landscaping and common area improvements. All apartments are currently leased to happy tenants!

Multi-familyProperty Type

1970Year Built

0.34 acresLot Size

$230Price/Sq.Ft.

25 spacesParking

Listed by William Senne • Point Plus

Bought with Deborah Douglass • RE/MAX Partners

Redfin checked: 3 minutes ago

•Source:MLS PIN #72080869

Redfin Estimate

There isn’t enough information to generate an accurate estimate at this time. Learn More

Market trends in 01930, MA

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

98.9%

+0.7% MoM

Median sale price

$704K

$4K MoM

Avg. days on market

28d

2 days MoM

Recently sold homes

18 MoM

New listings for sale

$799,000
3 beds3 baths2,141 sq ft
5 Mollie's Ln Unit A, Gloucester, MA 01930
$811,000
2 beds2 baths1,346 sq ft
349 & 351 Western Ave, Gloucester, MA 01930
3D WALKTHROUGH
$1,100,000
3 beds2.5 baths2,235 sq ft
964 Washington St #2, Gloucester, MA 01930
VIDEO TOUR
$1,798,000
4 beds3.5 baths3,547 sq ft
312 Western Ave, Gloucester, MA 01930
$378,000
2 beds1 bath714 sq ft
145 Essex Ave #308, Gloucester, MA 01930
COMING SOON
$789,900
3 beds2 baths1,453 sq ft
4 Stuart Rd, Gloucester, MA 01930
$799,000
3 beds2 baths1,330 sq ft
16 Reynard St #2, Gloucester, MA 01930
$759,000
3 beds2 baths1,300 sq ft
16 Reynard St #1, Gloucester, MA 01930
$1,484,000
4 beds3.5 baths3,974 sq ft
10 Stewart Ave, Gloucester, MA 01930
$799,900
2 beds2 baths1,593 sq ft
2 Flume Rd, Gloucester, MA 01930
See all

Provided by Redfin

Sale history for 8 Flume Rd

Year

Property tax

Land + Additions

Assessment*

2023

$24,694 (+9.1%)

$590,600 + $1,741,200

$2,331,800

2022

$22,624 (+2.1%)

$511,900 + $1,416,800

$1,928,700

2021

$22,159 (+7.5%)

$464,600 + $1,316,700

$1,781,300

2020

$20,610 (+10.8%)

$438,100 + $1,233,400

$1,671,500

2019

$18,604 (+4.5%)

$438,100 + $1,027,900

$1,466,000

2018

$17,810 (+0.5%)

$418,300 + $959,100

$1,377,400

2017

$17,723 (+10.8%)

$398,500 + $945,200

$1,343,700

2016

$15,996 (+1.4%)

$378,000 + $797,300

$1,175,300

2015

$15,778 (+5.2%)

$378,000 + $777,900

$1,155,900

2014

$15,004 (+8.1%)

$378,000 + $777,900

$1,155,900

2013

$13,886 (+2.4%)

$391,500 + $708,800

$1,100,300

2012

$13,566 (+5.1%)

$405,000 + $708,800

$1,113,800

2011

$12,902 (+2.1%)

$432,000 + $708,800

$1,140,800

2010

$12,636 (+0.8%)

$431,000 + $773,600

$1,204,600

2009

$12,531

$430,900 + $874,400

$1,305,300

Tax history for 8 Flume Rd

Year

Property tax

Land + Additions

Assessment*

2023

$24,694 (+9.1%)

$590,600 + $1,741,200

$2,331,800

2022

$22,624 (+2.1%)

$511,900 + $1,416,800

$1,928,700

2021

$22,159 (+7.5%)

$464,600 + $1,316,700

$1,781,300

2020

$20,610 (+10.8%)

$438,100 + $1,233,400

$1,671,500

2019

$18,604 (+4.5%)

$438,100 + $1,027,900

$1,466,000

2018

$17,810 (+0.5%)

$418,300 + $959,100

$1,377,400

2017

$17,723 (+10.8%)

$398,500 + $945,200

$1,343,700

2016

$15,996 (+1.4%)

$378,000 + $797,300

$1,175,300

2015

$15,778 (+5.2%)

$378,000 + $777,900

$1,155,900

2014

$15,004 (+8.1%)

$378,000 + $777,900

$1,155,900

2013

$13,886 (+2.4%)

$391,500 + $708,800

$1,100,300

2012

$13,566 (+5.1%)

$405,000 + $708,800

$1,113,800

2011

$12,902 (+2.1%)

$432,000 + $708,800

$1,140,800

2010

$12,636 (+0.8%)

$431,000 + $773,600

$1,204,600

2009

$12,531

$430,900 + $874,400

$1,305,300

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

0.34 Acres

Year renovated

—

Sq. Ft.

5,500

Year built

1970

Style

Multi-Family (5+ Unit)

County

Essex County

APN

1901869

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 20, 2023.

Property details

Parking

Parking Information
Has Open Parking
Parking Spaces: 25
Parking Features: Paved Drive, Off Street

Interior

Bathroom Information
# of Bathrooms (Full): 15

Interior Features
# of Rooms (Total): 7

Unit #1 Information
# of Levels: 1
# of Floors: 1
Lease: Y

Unit #2 Information
# of Levels: 1
# of Floors: 2
Lease: Y

Unit #3 Information
# of Levels: 1
# of Floors: 1
Lease: Y

Exterior

Building Information
Building Area (Total): 7,838
Foundation Details: Slab
Construction Materials: Brick
Stories (Total): 3
Year Built Source: Public Records
Year Built Details: Approximate

Property Information
PropertySubType: 5+ Family - 5+ Units Up/Down

Lot Information
Lot Size (Acres): 0.34
Lot Features: Corner Lot, Level
Road Frontage Type: Public

Financial

Tax Information
Tax Annual Amount: $15,995.83
Tax Year: 2016

Utilities

Utility Information
Sewer: Private Sewer
Water Source: Public

Location

Location Information
Directions: Lexington Avenue to Flume Road
UnparsedAddress: 8 Flume Road, Gloucester MA 01930

Community Information
Senior CommunityYN: No
Community Features: Shopping, Park, Walk/Jog Trails, House of Worship, Marina

Public facts

Beds: 12
Baths: 15.0
Sq. Ft.: 5,500
Stories: 2.0
Lot Size: 0.34 acres
Style: Multi-Family (5+ Unit)
Year Built: 1970
Year Renovated: —
County: Essex County
APN: 1901869

Home facts updated by county records on Jul 20, 2023

Other

Listing Information
StandardStatus: Closed

Around this home

Schools

West Parish Elementary School

Public K-5 • Assigned • 3.0mi

6/10

Ralph B O'Maley Innovation Middle School

Public 6-8 • Assigned • 4.2mi

5/10

Gloucester High School

Public 9-12 • Assigned • 3.2mi

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 91° 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)

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

Is this your home?

Track this home’s value and nearby sales activity

Nearby similar homes

$7,599,000

32 beds26 baths17,744 sq ft

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$1,400,000

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19 Essex St, Beverly, MA 01915

New listings for sale in 01930

$799,000

3 beds3 baths2,141 sq ft

5 Mollie's Ln Unit A, Gloucester, MA 01930

$811,000

2 beds2 baths1,346 sq ft

349 & 351 Western Ave, Gloucester, MA 01930

3D WALKTHROUGH

$1,100,000

3 beds2.5 baths2,235 sq ft

964 Washington St #2, Gloucester, MA 01930

VIDEO TOUR

$1,798,000

4 beds3.5 baths3,547 sq ft

312 Western Ave, Gloucester, MA 01930

$378,000

2 beds1 bath714 sq ft

145 Essex Ave #308, Gloucester, MA 01930

COMING SOON

$789,900

3 beds2 baths1,453 sq ft

4 Stuart Rd, Gloucester, MA 01930

$799,000

3 beds2 baths1,330 sq ft

16 Reynard St #2, Gloucester, MA 01930

$759,000

3 beds2 baths1,300 sq ft

16 Reynard St #1, Gloucester, MA 01930

$1,484,000

4 beds3.5 baths3,974 sq ft

10 Stewart Ave, Gloucester, MA 01930

Home values near 8 Flume Rd

Data from public records.

Address	Redfin Estimate
6 Flume Rd, Gloucester, MA 3 Beds \| 3 Baths \| 3730 Sq. Ft.	$1,212,669
13 Flume Rd, Gloucester, MA - Beds \| - Baths \| 7582 Sq. Ft.	—

Address	Redfin Estimate
4 Flume Rd, Gloucester, MA 5 Beds \| 2 Baths \| 3200 Sq. Ft.	$1,188,918
7 Flume Rd, Gloucester, MA 3 Beds \| 2 Baths \| 1500 Sq. Ft.	$883,568

Address	Redfin Estimate
9 Flume Rd, Gloucester, MA 3 Beds \| 2 Baths \| 1144 Sq. Ft.	$718,393
5 Flume Rd, Gloucester, MA 3 Beds \| 1.5 Baths \| 1784 Sq. Ft.	$900,519

Property information provided by undefined .

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Market trends in 01930, MA

Sale history for 8 Flume Rd

Tax history for 8 Flume Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Is this your home?

Nearby similar homes

New listings for sale in 01930

Home values near 8 Flume Rd

More real estate resources