6 Mt Locust Place

6 Mt Locust Place in Gloucester, MA was first built in 1920 and is 106 years old. This has been categorized as a property type. For those interested in architecture, the building on the property was built in a . There are a total of 200 floors. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 6 Mt Locust Place has 2,092 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 13,400 square feet.

Learn more about the property and building on this page. The home has a style roof made of . The condition of the building has been evaluated as . The exterior walls of the home are made of . As for heating, the home is utilizing and being fueled with . We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 6 Mt Locust Place sold most recently in Jan 1, 1970 for a total of $440,000. If you work out the math, that's approximately a cost of $210.33 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $763,200 in taxes each year. 6 Mt Locust Place was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $784,400. If we break it down further, the land itself was valued at $355,500. Improvements to the property, however, were assessed at a total of $428,900. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.