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48 Cleveland St

Gloucester, MA 01930

2 bd 2 ba 1,970 sqft Built 1900 Lot 5,000 sqft multi_family
Most recent sale
$280,000
Feb 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 28, 2022 Sold $280,000 MLS #72835112

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $310,900 $118,400 $429,300 $4,675
2022 $272,500 $102,200 $374,700 $4,395
2021 $249,200 $92,900 $342,100 $4,256
2020 $235,100 $92,900 $328,000 $4,044
2019 $205,500 $92,900 $298,400 $3,787
2018 $182,100 $92,900 $275,000 $3,556
2017 $160,100 $83,700 $243,800 $3,216
2016 $146,800 $83,600 $230,400 $3,136
2015 $142,400 $83,600 $226,000 $3,085
2014 $138,400 $83,600 $222,000 $2,882
2005 $282,700 $91,600 $374,300 $3,365
2004 $160,900 $85,600 $246,500 $2,369
2003 $124,500 $69,400 $193,900 $2,123

Property facts

Year built
1900
Property type
multi_family
Stories
2
Beds
2
Baths
2
Living area
1,970 sqft
Lot size
5,000 sqft
ZIP code
01930
City
Gloucester
Street
Cleveland St
Coordinates
42.61890, -70.66682

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,680
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 48 Cleveland St last sell?
48 Cleveland St most recently sold on Feb 28, 2022 for $280,000.
What is the current tax assessment for 48 Cleveland St?
The most recent total assessment for 48 Cleveland St (year 2023) is $429,300 with $4,675 in property tax.
How does 48 Cleveland St's assessment compare to its last sale price?
The current assessment is 53.3% above the last sale price of $280,000.
When was 48 Cleveland St built?
48 Cleveland St was built in 1900.
How does 48 Cleveland St compare to others on Cleveland St?
We track 8 other properties on Cleveland St. Browse the list under "Other properties on Cleveland St" to compare beds, baths, and sale history.
What are the property facts for 48 Cleveland St?
48 Cleveland St is a 2 bed, 2 bath, 1,970 sqft, 5,000 sqft lot multi_family.
Is 48 Cleveland St a flip candidate?
No — 48 Cleveland St does not appear in our flips dataset.
Is 48 Cleveland St a tax-appeal candidate?
Yes — 48 Cleveland St appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+2.9%
Implied 1-yr
+11.7%
2026 Q3
$1.49M
2026 Q4
$1.53M
ZIP 01930 — Median Price History + Forecast

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