7 Mechanics Pl
Gloucester, MA 01930
3 bd 2 ba 1,553 sqft Built 1920 Lot 7,200 sqft multi_family
Most recent sale
$1,000,000
Jul 21, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 21, 2022 | Sold | $1,000,000 | MLS #72983167 |
| May 18, 2022 | Listed | $1,100,000 | MLS #72983167 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2023 | $274,600 | $1,009,300 | $1,283,900 | $11,934 |
| 2022 | $224,100 | $749,100 | $973,200 | $11,416 |
| 2021 | $205,100 | $680,800 | $885,900 | $11,021 |
| 2020 | $193,800 | $680,800 | $874,600 | $10,784 |
| 2019 | $169,800 | $649,100 | $818,900 | $10,392 |
| 2018 | $150,900 | $633,300 | $784,200 | $10,140 |
| 2017 | $140,800 | $603,400 | $744,200 | $9,816 |
| 2016 | $130,600 | $577,400 | $708,000 | $9,636 |
| 2015 | $118,300 | $564,200 | $682,500 | $9,316 |
| 2014 | $112,600 | $564,200 | $676,800 | $8,785 |
| 2005 | $130,500 | $602,600 | $733,100 | $6,591 |
| 2004 | $114,800 | $563,300 | $678,100 | $6,517 |
| 2003 | $105,800 | $359,600 | $465,400 | $5,096 |
Property facts
Year built
1920
Property type
multi_family
Stories
3
Beds
3
Baths
2
Living area
1,553 sqft
Lot size
7,200 sqft
ZIP code
01930
City
Gloucester
Street
Mechanics Pl
Coordinates
42.66800, -70.66786
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$4,504
Gross rental yield
5.40%
Implied cap rate
3.51%
Trend-extrapolated value
—
Frequently asked questions
When did 7 Mechanics Pl last sell?
7 Mechanics Pl most recently sold on Jul 21, 2022 for $1,000,000.
What is the current tax assessment for 7 Mechanics Pl?
The most recent total assessment for 7 Mechanics Pl (year 2023) is $1,283,900 with $11,934 in property tax.
How does 7 Mechanics Pl's assessment compare to its last sale price?
The current assessment is 28.4% above the last sale price of $1,000,000.
When was 7 Mechanics Pl built?
7 Mechanics Pl was built in 1920.
How does 7 Mechanics Pl compare to others on Mechanics Pl?
We track 1 other property on Mechanics Pl. Browse the list under "Other properties on Mechanics Pl" to compare beds, baths, and sale history.
What are the property facts for 7 Mechanics Pl?
7 Mechanics Pl is a 3 bed, 2 bath, 1,553 sqft, 7,200 sqft lot multi_family.
Is 7 Mechanics Pl a flip candidate?
No — 7 Mechanics Pl does not appear in our flips dataset.
Is 7 Mechanics Pl a tax-appeal candidate?
No — 7 Mechanics Pl is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly 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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Geography
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