Seller's Agent in 2023
Peter and Pam Lane
North Shore's Gold Coast Realty
(978) 689-5431
4 in this area
80 Total Sales
118 Magnolia Ave Gloucester, MA 01930
Magnolia NeighborhoodEstimated Value: $600,000 - $776,000
4
Beds
2
Baths
1,660
Sq Ft
$414/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- Property is near public transit
- Main Floor Primary Bedroom
- Deck
- Wood Flooring
- Solid Surface Countertops
About This Home
As of July 2023Spacious 4 BR 2 BA Colonial located in Magnolia offers first floor main bedroom with beamed ceiling and full updated bath. Large Livingroom with woodstove and brick hearth. Eat in kitchen also has separate area for laundry and leads out to rear deck overlooking yard. Second floor offers 3 additional BR's, another full bath, a kitchenette, and a large den. Lovely fir floors and stained glass window. Sunporch entry offers great storage. Home has updated FHW by oil boiler, oil tank, hot water heater, exterior paint job and new roof all within last 5 years! Full walkout basement with ample storage and workbench! 2 car paved parking with room to add more. Short distance to Magnolia center, Gray Beach, Manchester Bath and Tennis Club, restaurants, shops, community center, Ravenswood Park and Coolidge Point Reservation. Seller will be providing an approved 4 BR septic design at closing and agrees to escrow 1.5 times estimated cost to install new septic system after closing.
Last Agent to Sell the Property
North Shore's Gold Coast Realty Listed on: 02/09/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,002
Year Built
- Built in 1920
Lot Details
- 6,000 Sq Ft Lot
- Fenced
- Level Lot
- Property is zoned R-30
Home Design
- Colonial Architecture
- Brick Foundation
- Stone Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 1,660 Sq Ft Home
- Beamed Ceilings
- Insulated Windows
- Sliding Doors
- Living Room with Fireplace
- Den
Kitchen
- Stove
- Range
- Solid Surface Countertops
Flooring
- Wood
- Wall to Wall Carpet
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom on Main
- 2 Full Bathrooms
- Bathtub with Shower
- Separate Shower
Laundry
- Dryer
- Washer
Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
- Block Basement Construction
Parking
- 2 Car Parking Spaces
- Driveway
- Paved Parking
- Open Parking
- Off-Street Parking
Outdoor Features
- Deck
- Enclosed Patio or Porch
- Outdoor Storage
Location
- Property is near public transit
- Property is near schools
Schools
- O'maley Middle School
- GHS High School
Utilities
- No Cooling
- 2 Heating Zones
- Heating System Uses Oil
- Pellet Stove burns compressed wood to generate heat
- Baseboard Heating
- 100 Amp Service
- Oil Water Heater
- Private Sewer
Listing and Financial Details
- Assessor Parcel Number M:0194 B:0034 L:0000,1903316
- Tax Block 34
Community Details
Recreation
- Park
Additional Features
- No Home Owners Association
- Shops
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 1, 1979
Bought by
Tognazzi Barbara
Current Estimated Value
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Tognazzi Barbara | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Tognazzi Barbara | $10,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/31/2023 07/31/23 | Sold | $520,000 | -2.8% | $313 / Sq Ft |
| 03/15/2023 03/15/23 | Pending | -- | -- | -- |
| 03/06/2023 03/06/23 | Price Changed | $535,000 | -1.8% | $322 / Sq Ft |
| 02/16/2023 02/16/23 | Price Changed | $545,000 | -2.7% | $328 / Sq Ft |
| 02/09/2023 02/09/23 | For Sale | $560,000 | -- | $337 / 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 | $5,231 | $537,600 | $149,600 | $388,000 |
| 2024 | $5,231 | $537,600 | $149,600 | $388,000 |
| 2023 | $5,002 | $472,300 | $133,500 | $338,800 |
| 2022 | $4,841 | $412,700 | $116,100 | $296,600 |
| 2021 | $4,670 | $375,400 | $105,600 | $269,800 |
| 2020 | $4,629 | $375,400 | $105,600 | $269,800 |
| 2019 | $4,398 | $346,600 | $105,600 | $241,000 |
| 2018 | $4,224 | $326,700 | $105,600 | $221,100 |
| 2017 | $4,092 | $310,200 | $100,600 | $209,600 |
| 2016 | $3,985 | $292,800 | $104,900 | $187,900 |
| 2015 | $3,799 | $278,300 | $104,900 | $173,400 |
Source: Public Records
Agents Affiliated with this Home
-
Peter and Pam Lane
-
Patty Knaggs
Buyer's Agent in 2023
Patty Knaggs
RE/MAX
(978) 290-1407
4 in this area
89 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73077821
APN: GLOU-000194-000034
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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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