5 months on rocket

13 Flume Rd, Gloucester, MA, 01930

$1,999,999

Home List Price

$10,000*

Closing Credit

7 Bedrooms
5 Full Baths, 5 Partial
7,582 SqFt
$264/SqFt
Multi

Location

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13 Flume Rd, Gloucester$1,999,999

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingOff Street, Tandem
Year Built1920
HeatingForced Air, Oil
BasementYes
WaterfrontBeach, Ocean Front
MLS #73242929
Lot Size0.20 Acres
StatusActive

About 13 Flume Rd

Attention business owners and investors! Fantastic opportunity to own this Mixed Use property in sight of the ocean and in the heart of Magnolia Village. Four residential apartments. The first-floor unit has an updated kitchen and hardwood floors and offers 3 bedrooms and 2.5 baths also two one-bedroom apartments..one apartment rented and the other apartment being renovated and a penthouse 2 bedroom unit completely renovated. Relaxing " common area ocean-view roof deck. Four retail units are located on Lexington Ave. 3 Store fronts rented and 1 vacancy. All store fronts pay their own utilities. Residential renters have heat and hot water included. Septic System is massive and supports up to 14 bedrooms. Take advantage of this up-and-coming area with its shops and restaurants. This property has so much potential Think... Condo conversion? Airbnb? Live and have your business with no commute. Steps to the ocean and Kettle Cove beach, restaurants, shops, and Magnolia Library.

Property Details

Property Features

Property Information:

  • Year Built: 1920
  • Living Area: 7,582 SqFt

Listing Office:

  • Office Name: Century 21 North East
  • Office Phone: (978) 535-6500
  • Listing Agent: Richard Palladino

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Hardwood
  • Interior: Upgraded Cabinets, Living Room, Dining Room, Kitchen

Bedroom and Bathroom Information:

  • Partial Bathrooms: 5
  • Full Bathrooms: 5
  • Total Bedroom Count: 7

Exterior Features

Exterior Information:

  • Waterfront: Beach, Ocean Front
  • Exterior: Rain Gutters

Parking Information:

  • Parking: Off Street, Tandem

Lot Features

Lot Information:

  • Lot: Corner Lot, Level
  • Lot Size: 0.20 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Oil

Other

Directions Information:

  • Directions: Hesperus to Lexington to Flume

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,999,999
  • Price Per SqFt: $264/SqFt

Tax Information:

  • Annual Amount: $8,969
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Gloucester, MA.

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Gloucester, MA

City

Med. Sold Price

$677.5K

Med. Price/SqFt

$448

Avg. Days On Market

58

# of Sold Homes

23

13 Flume Rd vs Gloucester

177 DAYS ON ROCKET

+119 Days

$1,999,999

+$1.3M More

$264/SqFt

-$184 Less

KEY TAKEAWAY

This property is $1.3M more than the Median Sold Price and $184/SqFt less than other homes in Gloucester, MA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MLS Property Information Network
  • MLS Number: #73242929

Listing Office:

  • Office Name: Century 21 North East
  • Office Phone: (978) 535-6500
  • Listing Agent: Richard Palladino

IDX Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 8:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 14, 2005Home Sold
$840,000

Tax History

YEARPROP. TAXASSESSMENT
2021$8,969$738,300
2020$8,969$704,000
2019 - $665,000
2018 - $622,500
2017 - $606,600

History based on county public records data.

Payment Calculator

$10K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,063

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-412381
8
/10

  • Manchester Memorial Elementary School

  • 43 Lincoln St

  • 2.64 miles

  • Public District Grades KG-5

school-card-donut-412382
6
/10

  • West Parish

  • 10 Concord St

  • 3.02 miles

  • Public District Grades KG-5

school-card-donut-412383
7
/10

  • East Gloucester Elementary School

  • 8 Davis Street Ext

  • 4.10 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $90,686. Residents of Gloucester, MA typically earn between $100k-200k each year. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Massachusetts›Essex County›Gloucester›01930›13 Flume Rd

This home is located at 13 Flume Rd in Gloucester, MA and zip code 01930. This 7,582 square foot home, which was built in 1920, sits on a 0.20 acre lot. Features: 7 bedrooms, 10 bathrooms. It has been listed on Rocket Homes since May 28, 2024 and is currently priced at $1,999,999.

Over 9 listings were sold over their listed price in October 2024 in Gloucester, MA. In the same period over 8 listings were sold below the listed price and 6 listings were sold for the listed price. The number of homes for sale in Gloucester, MA increased by 11% between September 2024 and October 2024. In October 2024 median list price was $677,500 and the average listing age was 58 days.

From Rocket Homes Real Estate and based on county public records data.

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