NOT LISTED FOR SALE

15 Flume Rd Unit 1 Gloucester, MA 01930

Magnolia Neighborhood

Estimated Value: $659,000 - $732,000

2 Beds
2 Baths
1,639 Sq Ft
0.3 Acres

Last Sold May 18, 2015

Last sale price $330,000 $201 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $4,367/month

18 Days on Market

About This Home

As of May 2015

Oceanviews from this sunny End Unit 2 BR, 1.5 Bath Townhouse condo located right in the heart of Magnolia village! 1 Block to beach and ocean! 2 decks off LR and Master BR offer nice views of the Atlantic Ocean! Open LR/DR with hardwood floors and built in bookcases. Large Master BR with cathedral ceiling and skylights. 1 Car garage under with inside access and 1 car parking. Spacious in unit utility/laundry/storage room. Fully applianced kitchen. Central air. Title 5 passed. Unit could be sold furnished for additional $. Rentals allowed with 1 yr. minimum rental period. Pets by written permission of association (dogs less than 20 lb.) Enjoy maintenance free living and say goodbye to your snowblower and lawnmower! 25.3% ownership

Last Listed By

Peter and Pam Lane

North Shore's Gold Coast Realty Listed on: 04/10/2015

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,335

Year Built

1988

Lot Details

0

Listing Details

  • Unit Level: 1
  • Unit Placement: Street, End
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1988

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 5
  • Electric: Circuit Breakers, 100 Amps
  • Energy: Insulated Windows, Insulated Doors
  • Flooring: Tile, Wall to Wall Carpet, Hardwood
  • Insulation: Full, Fiberglass
  • Interior Amenities: Cable Available
  • Bedroom 2: Second Floor, 10X19
  • Bathroom #1: First Floor, 5X5
  • Bathroom #2: Second Floor, 8X5
  • Kitchen: First Floor, 16X9
  • Laundry Room: Basement
  • Living Room: First Floor, 23X19
  • Master Bedroom: Second Floor, 14X19
  • Master Bedroom Description: Skylight, Flooring - Wall to Wall Carpet, Balcony / Deck, Slider
  • Dining Room: First Floor

Exterior Features

  • Construction: Frame
  • Exterior: Clapboard
  • Exterior Unit Features: Deck

Garage/Parking

  • Garage Parking: Under, Storage, Side Entry
  • Garage Spaces: 1
  • Parking: Off-Street, Paved Driveway
  • Parking Spaces: 1

Utilities

  • Hot Water: Electric, Tank
  • Utility Connections: for Electric Oven, for Electric Dryer

Condo/Co-op/Association

  • Condominium Name: Magnolia Harbor Condominium
  • Association Fee Includes: Master Insurance, Landscaping, Snow Removal, Refuse Removal
  • Association Pool: No
  • Management: Owner Association
  • Pets Allowed: Yes w/ Restrictions
  • No Units: 5
  • Unit Building: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2015
Closed on
May 18, 2015
Sold by
Oder Frederic E
Bought by
Faulkner Bonnie J
Seller's Agent
Peter and Pam Lane
North Shore's Gold Coast Realty
Buyer's Agent
Fred Newton
Sovereign Realty Advisors, LLC
List Price
$349,900
Sold Price
$330,000
Premium/Discount to List
-$19,900
-5.69%
Total Days on Market
18
Current Estimated Value
$692,529

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$362,529
Avg. Annual Appreciation
7.71%

Purchase Details

Closed on
Feb 2, 1996
Sold by
Nistl Anton
Bought by
Oder Frederic E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,500
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 13, 1993
Sold by
Morin Dennis
Bought by
Nistil Anton and Nistil Kristin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
7.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 16, 1992
Sold by
First Ave Rt Peabody and Distefano Joseph
Bought by
Morin Dennis

Range of Values:

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Average Value
Not Available
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
Faulkner Bonnie J $330,000 --
Oder Frederic E $170,000 --
Nistil Anton $158,000 --
Morin Dennis $136,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Morin Dennis $12,433
Previous Owner Morin Dennis $127,500
Previous Owner Morin Dennis $116,000
Previous Owner Morin Dennis $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2015 05/18/15 Sold $330,000 0.0% $201 / Sq Ft
04/28/2015 04/28/15 Pending -- -- --
04/13/2015 04/13/15 Off Market $330,000 -- --
04/10/2015 04/10/15 For Sale $349,900 -- $213 / 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 $6,335 $651,100 $0 $651,100
2024 $6,335 $651,100 $0 $651,100
2023 $5,508 $520,100 $0 $520,100
2022 $5,588 $476,400 $0 $476,400
2021 $5,573 $448,000 $0 $448,000
2020 $5,524 $448,000 $0 $448,000
2019 $5,265 $414,900 $0 $414,900
2018 $4,968 $384,200 $0 $384,200
2017 $4,747 $359,900 $0 $359,900
2016 $4,406 $323,700 $0 $323,700
2015 -- $316,700 $0 $316,700
Source: Public Records

Agents Affiliated with this Home

  • Peter and Pam Lane

    Seller's Agent in 2015

    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
  • Fred Newton

    Buyer's Agent in 2015

    Fred Newton

    Sovereign Realty Advisors, LLC

    (978) 865-3148

    3 in this area

    11 Total Sales

    Fred Newton
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71815441

MLS Property Information Network (MLS PIN)

APN: GLOU-000169-000059-000001

Massachusetts Essex County Gloucester 01930 Magnolia

15 Flume Rd Unit 1, Gloucester, MA

Homes for Sale in Gloucester, MA

This home is located at 15 Flume Rd Unit 1, Gloucester, MA 01930 since 10 April 2015 and is currently estimated at $692,529, approximately $422 per square foot. This property was built in 1988. 15 Flume Rd Unit 1 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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