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2 Summit Street

2 Summit Street, Gloucester, MA 01930
Multifamily in Gloucester
2 Summit Street has been categorized by the local assessors in Gloucester, MA as a type of property. The building on the property was first built in 1900 and is 126 years old. The home has a total of 4 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 200 stories. In addition, 2 Summit Street has 1,870 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 6,918 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a .

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as . The building has a style roof made of . The exterior walls of the building are made of . In terms of heating, it is utilizing and being fueled with . Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 2 Summit Street was last sold in Jan 1, 1970 for $345,000. According to our calculations, that's $184.49 per sqft. Current property owners are expected to pay $460,300 in taxes per year. The property on 2 Summit Street was last assessed in 2024. As a result of that assessment, the total value of the property was placed at $473,100. To break that down further, the land itself was valued at $143,100. While improvements to the property were assessed at a total of $330,000. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Waterfront

Beach Front
Oceanfront
Access to Beach

Parking

Off Street Parking

Location

Corner Lot

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20170905
09/05/2017
4 Bed
2 Bath
1870 ft²
$349,000
bedrooms
4 Bed
bathrooms
2 Bath
square feet
1870 ft²
$345,000 -1.15%
11/17/2017
Fred Newton
Sovereign Realty Advisors, LLC


Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 31
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 2
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 935
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,918
  • Total Building Area: 1,870
  • Gross Building Area: 2,961
  • Building Area: 1,870
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,870
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000159
  • Standard Land Use Code: 1101
  • County Land Use Code: 104

Neighborhood

  • School District Name: Gloucester School District
  • School Tax School District: GLOUCESTER SD
  • Census Tract: 221400

Zoning

  • Zoning: R-5

Geography

  • Parcel: GLOU M:0028 B:0100 L:0000
  • Block: 100
  • Municipality: GLOUCESTER
  • Latitude: 42.6204
  • Longitude: -70.6623

    Address

  • Full Address: 2 Summit St
  • Address - House Number: 2
  • Address - Street Name: Summit
  • Address - Suffix Type: St
  • State: MA
  • City Name: Gloucester
  • Carrier Code: C033
  • 4-Digit Zip Code: 2816
  • Zip Code: 01930

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $460,300

    Appraisal Valuation

  • Standard Deviation: 0.1784
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 585,378
  • High Value: 689,849
  • Low Value: 480,906

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $473,100
  • Assessed Land Value: $143,100
  • Assessed Improvements Value: $330,000

    Sales

  • Current Sale Recording Date: Nov 17, 2017
  • Current Sale Price:
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 171117005210
Data used for valuation calculations is provided by RealtyHop, and other third party sources

About Gloucester



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Frequently Asked Questions

What neighborhood is 2 Summit Street located in?
The 2 Summit Street is a multifamily located in the neighborhood of Gloucester in Gloucester, Gloucester.
What is the average sales price for listings in 2 Summit Street?
The average sales price for units in 2 Summit Street is $349,000 , or $187/sqft. currently.