NOT LISTED FOR SALE

122 Magnolia Ave Gloucester, MA 01930

Magnolia Neighborhood

Estimated Value: $590,865 - $681,000

4 Beds
2 Baths
1,296 Sq Ft
$498/Sq Ft Est. Value

Last Sold December 16, 2016

Last sale price $320,000 $247 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $3,892/month

36 Days on Market

About This Home

As of December 2016

7 Rm, 4 BR, 1.5 Bath Cape close to the beach and Magnolia Village. New West Parish Elementary School! Private large rear fenced yard great for entertaining and for children and pets will be newly landscaped by year end as part of septic upgrade. Wonderful Farmers Porch to sit out and relax. Enjoy cold winter nights by cozy Fireplace in LR with new ww carpet. Large Master BR with his and her closets. 2nd upstairs BR has unique wooden Cathedral Ceiling w/built in bench. Plenty of off street parking for 6 cars. New Roof Aug. 2016! New 4 BR septic system to be installed by Seller prior to closing. Magnolia Harbor is approx. 1 mile away w/free parking & public beach for hot summer days! Commuter Train is close by as is 128. Hurry this one won't last long!

Last Agent to Sell the Property

Peter and Pam Lane

North Shore's Gold Coast Realty Listed on: 08/31/2016

Last Buyer's Agent

Mark Ventimiglia

Vadala Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,818

Year Built

  • 1949

Lot Details

  • 7,405

Utilities

  • Private Sewer

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,818

Year Built

1949

Lot Details

0

Listing Details

  • Lot Description: Paved Drive, Cleared, Fenced/Enclosed
  • Property Type: Single Family
  • Other Agent: 2.00
  • Lead Paint: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1949

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator
  • Fireplaces: 1
  • Has Basement: Yes
  • Fireplaces: 1
  • Number of Rooms: 7
  • Electric: Circuit Breakers, 100 Amps
  • Flooring: Vinyl, Wall to Wall Carpet, Laminate, Hardwood
  • Insulation: Partial
  • Interior Amenities: Cable Available
  • Basement: Interior Access, Concrete Floor
  • Bedroom 2: Second Floor, 11X13
  • Bedroom 3: First Floor, 11X9
  • Bedroom 4: First Floor, 9X11
  • Bathroom #1: Second Floor, 7X11
  • Bathroom #2: First Floor, 6X5
  • Kitchen: First Floor, 12X11
  • Living Room: First Floor, 14X17
  • Master Bedroom: Second Floor, 13X17
  • Master Bedroom Description: Closet, Flooring - Wall to Wall Carpet
  • Dining Room: First Floor, 10X14
  • Oth1 Dscrp: Closet, Flooring - Hardwood, Main Level

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame, Stone/Concrete
  • Exterior: Shingles, Wood, Stucco
  • Exterior Features: Porch, Storage Shed, Fenced Yard
  • Foundation: Concrete Block
  • Beach Ownership: Public

Garage/Parking

  • Parking: Off-Street, Tandem, Paved Driveway
  • Parking Spaces: 6

Utilities

  • Heating: Forced Air, Electric Baseboard, Oil
  • Hot Water: Electric, Tank
  • Utility Connections: for Electric Dryer, Washer Hookup
  • Sewer: Private Sewerage
  • Water: City/Town Water

Schools

  • Elementary School: West Parish
  • Middle School: O'maley
  • High School: Gloucester

Lot Info

  • Zoning: R2A
  • Lot: 37

Multi Family

  • Foundation: 30 x 32

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2016
Closed on
Dec 16, 2016
Sold by
Sheila Ouellette Ft 20
Bought by
Reardon Adam R
Seller's Agent
Peter and Pam Lane
North Shore's Gold Coast Realty
Buyer's Agent
Mark Ventimiglia
Vadala Real Estate
List Price
$329,000
Sold Price
$320,000
Premium/Discount to List
-$9,000
-2.74%
Current Estimated Value
$645,466

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$325,466
Avg. Annual Appreciation
8.19%
Original Mortgage
$304,000
Outstanding Balance
$253,291
Interest Rate
3.54%
Mortgage Type
New Conventional
Estimated Equity
$383,493

Purchase Details

Closed on
Mar 9, 2015
Sold by
Ouellette Sheila R
Bought by
Sheila Ouellette Ft

Purchase Details

Closed on
Sep 30, 2013
Sold by
Ouellette Sheila R and Ouellette Christopher D
Bought by
Ouellette Sheila R

Purchase Details

Closed on
Dec 1, 1974
Bought by
Ouellette Sheila R
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Reardon Adam R $320,000 --
Sheila Ouellette Ft -- --
Ouellette Sheila R -- --
Ouellette Sheila R $28,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reardon Adam R $40,000
Open Reardon Adam R $304,000
Previous Owner Ouellette Sheila R $214,865
Previous Owner Ouellette Sheila R $150,000
Previous Owner Ouellette Sheila R $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2016 12/16/16 Sold $320,000 -2.7% $247 / Sq Ft
10/06/2016 10/06/16 Pending -- -- --
09/30/2016 09/30/16 For Sale $329,000 +2.8% $254 / Sq Ft
09/19/2016 09/19/16 Off Market $320,000 -- --
09/16/2016 09/16/16 For Sale $329,000 0.0% $254 / Sq Ft
09/05/2016 09/05/16 Pending -- -- --
08/31/2016 08/31/16 For Sale $329,000 -- $254 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

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 $4,818 $495,200 $157,700 $337,500
2024 $4,818 $495,200 $157,700 $337,500
2023 $4,673 $441,300 $140,800 $300,500
2022 $4,238 $361,300 $122,500 $238,800
2021 $4,279 $344,000 $111,300 $232,700
2020 $4,071 $330,200 $111,300 $218,900
2019 $4,004 $315,500 $111,300 $204,200
2018 $3,896 $301,300 $111,300 $190,000
2017 $3,693 $280,000 $106,100 $173,900
2016 $3,653 $268,400 $110,700 $157,700
2015 $3,224 $236,200 $110,700 $125,500
Source: Public Records

Agents Affiliated with this Home

  • Peter and Pam Lane

    Seller's Agent in 2016

    Peter and Pam Lane

    North Shore's Gold Coast Realty

    (978) 689-5431

    4 in this area

    83 Total Sales

    Peter and Pam Lane
    Section Image
  • Mark Ventimiglia

    Buyer's Agent in 2016

    Mark Ventimiglia

    Vadala Real Estate

    (978) 281-1111

    3 in this area

    74 Total Sales

    Mark Ventimiglia
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72060446

MLS Property Information Network (MLS PIN)

APN: GLOU-000194-000037

Massachusetts Essex County Gloucester 01930 Magnolia

122 Magnolia Ave, Gloucester, MA

This home is located at 122 Magnolia Ave, Gloucester, MA 01930 since 31 August 2016 and is currently estimated at $645,466, approximately $498 per square foot. This property was built in 1949. 122 Magnolia Ave is a home located in Essex County with nearby schools including West Parish, Ralph B O'maley Middle School, and Gloucester High School.

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