Seller's Agent in 2014
Bob Mcd
Gibson Sotheby's International Realty
6 Total Sales
1 Magnolia Ave Gloucester, MA 01930
Magnolia NeighborhoodEstimated Value: $770,000 - $899,000
4
Beds
4
Baths
2,677
Sq Ft
$318/Sq Ft
Est. Value
About This Home
As of July 2014This inviting, shingled home in Magnolia is a part of the rich history of this seaside community, once known as the summer retreat of New England's most fortunate. Perfectly placed in the center of the village, you are a short walk away from the open ocean and rocky coastline of "the little back shore" or a day in the sun just a block away on Magnolia Beach. Currently in use as a 3 family residence, the floor plan of this welcoming home allows for many options including first floor owner occupancy with extended family above, a rental investment with a proven history or a transformation to a single family home. Plentiful oversized windows on the first floor keep it's spacious rooms light and bright year-round. Outdoors, you will breathe in the salty sea air and hear the songs of the seagulls from your peaceful front porch with the beauty of abundant plantings as your backdrop.
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$6,792
Year Built
1920
Lot Details
0
Listing Details
- Lot Description: Corner
- Other Agent: 2.50
- Special Features: None
- Property Sub Type: MultiFamily
- Year Built: 1920
Interior Features
- Has Basement: Yes
- Number of Rooms: 13
- Amenities: Public Transportation, Park, Walk/Jog Trails, Conservation Area, Highway Access, House of Worship, Marina, Public School, T-Station
- Electric: Circuit Breakers, Individually Metered
- Flooring: Wood, Vinyl, Wall to Wall Carpet
- Basement: Partial, Walk Out
Exterior Features
- Roof: Asphalt/Fiberglass Shingles, Rubber
- Construction: Frame
- Exterior: Wood
- Exterior Features: Porch, Deck, Covered Patio/Deck
- Foundation: Poured Concrete, Concrete Block, Fieldstone, Irregular
Garage/Parking
- Parking: Off-Street, Stone/Gravel
- Parking Spaces: 4
Utilities
- Hot Water: Electric
- Utility Connections: for Gas Range, for Electric Range
Schools
- Elementary School: West Parish
- Middle School: O'maley
- High School: Ghs
Lot Info
- Assessor Parcel Number: M:0170 B:0015 L:0000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 15, 2014
Closed on
Jul 18, 2014
Sold by
Harvey Katherine H
Bought by
Hickey John A
Seller's Agent
Bob Mcd
Gibson Sotheby's International Realty
Buyer's Agent
Julie Smith
Engel & Volkers By the Sea
List Price
$425,000
Sold Price
$415,000
Premium/Discount to List
-$10,000
-2.35%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$436,242
Avg. Annual Appreciation
6.72%
Original Mortgage
$311,250
Outstanding Balance
$242,368
Interest Rate
4.14%
Mortgage Type
New Conventional
Estimated Equity
$617,726
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hickey John A | $415,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hickey John A | $311,250 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/18/2014 07/18/14 | Sold | $415,000 | -2.4% | $155 / Sq Ft |
| 06/18/2014 06/18/14 | Pending | -- | -- | -- |
| 05/15/2014 05/15/14 | For Sale | $425,000 | -- | $159 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $6,792 | $698,000 | $195,900 | $502,100 |
| 2024 | $6,792 | $698,000 | $195,900 | $502,100 |
| 2023 | $7,028 | $663,600 | $175,000 | $488,600 |
| 2022 | $6,339 | $540,400 | $148,700 | $391,700 |
| 2021 | $6,134 | $493,100 | $135,200 | $357,900 |
| 2020 | $5,830 | $472,800 | $135,200 | $337,600 |
| 2019 | $5,457 | $430,000 | $135,200 | $294,800 |
| 2018 | $5,268 | $407,400 | $135,200 | $272,200 |
| 2017 | $5,082 | $385,300 | $128,800 | $256,500 |
| 2016 | $4,758 | $349,600 | $129,200 | $220,400 |
| 2015 | $4,320 | $316,500 | $103,400 | $213,100 |
Source: Public Records
Agents Affiliated with this Home
-
Bob Mcd
-
Julie Smith
Buyer's Agent in 2014
Julie Smith
Engel & Volkers By the Sea
(978) 865-1198
29 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 71681891
APN: GLOU-000170-000015
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The property listing data and information, or the Images, 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, and the Images, 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, or as to the accuracy of any of the Images, set forth herein.
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