NOT LISTED FOR SALE

Estimated Value: $648,000 - $663,000

2 Beds
2 Baths
1,378 Sq Ft
$476/Sq Ft Est. Value

Last Sold March 16, 2021

Last sale price $505,000 $366 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $4,113/month

9 Days on Market

Highlights

  • Ocean View
  • Forced Air Heating and Cooling System
  • 4-minute walk to Gray Beach
  • Wood Flooring
  • Central Vacuum

About This Home

As of March 2021

Meticulously maintained and move-in ready 2 BR/2 BA condo in the heart of Magnolia Village. This home is perfectly situated next door to shopping, restaurants, and Magnolia Beach. The condo has balconies off of the living room and master bedroom with spectacular ocean views. The kitchen is bright and charming and has been updated with granite countertops newer appliances. The master bedroom has a cathedral ceiling, skylight, two double closets, and a large balcony. The unit has beautiful oak hardwood floors and the one-car garage has floor-to-ceiling shelving. In addition, there is a storage/laundry room with ample cabinets, shelves, and closets. This home is perfect for a year-round residence or weekend retreat. Pet-friendly w/restrictions.

Last Listed By

Lori Bassinger

Coldwell Banker Realty - Manchester License #454008379 Listed on: 01/27/2021

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,672

Year Built

  • Built in 1988

Parking

  • 1 Car Garage

Interior Spaces

  • Central Vacuum
  • Ocean Views
  • Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Laminate
  • Tile
  • Vinyl

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Schools

  • Gloucester High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Individual Controls for Heating
  • Water Holding Tank
  • Electric Water Heater
  • Private Sewer
  • Cable TV Available

Community Details

  • Call for details about the types of pets allowed

Listing and Financial Details

  • Assessor Parcel Number M:0169 B:0059 L:0002

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,672

Year Built

Built in 1988

Lot Details

0

Parking

1

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Townhouse
  • Year Built Description: Actual
  • List Price Per Sq Ft: 362.12
  • Comp Based On: Net Sale Price
  • Year Built: 1988
  • Lead Paint: Unknown
  • Unit Building: 2
  • Unit Level: 1
  • Special Features: None
  • Property Sub Type: Townhouses
  • Year Built: 1988

Interior Features

  • Flooring: Wood, Tile, Vinyl, Laminate
  • Interior Amenities: Central Vacuum, Cable Available
  • Appliances: Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
  • No Bedrooms: 2
  • Master Bedroom: On Level: Second Floor, Dimension: 15X14, Skylight, Ceiling - Cathedral, Flooring - Laminate, Balcony - Exterior, Slider
  • Bedroom 2: On Level: Second Floor, Dimension: 20X12, Closet - Linen, Flooring - Laminate
  • Full Bathrooms: 2
  • Bathroom 1: On Level: First Floor, Dimension: 7X5, Bathroom - Full, Bathroom - Tiled With Shower Stall, Closet - Linen, Flooring - Stone/Ceramic Tile, Main Level
  • Bathroom 2: On Level: Second Floor, Dimension: 7X5, Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile
  • No Rooms: 5
  • Dining Room: On Level: First Floor, Flooring - Hardwood, Main Level, Open Floor Plan
  • Kitchen: On Level: First Floor, Dimension: 13X7, Flooring - Vinyl, Countertops - Stone/Granite/Solid, Main Level, Cabinets - Upgraded, Recessed Lighting
  • Laundry: On Level: Basement, Dryer Hookup - Electric, Washer Hookup
  • Laundry Features: In Unit
  • Living Room: On Level: First Floor, Dimension: 26X12, Flooring - Hardwood, Balcony - Exterior, Main Level, Open Floor Plan, Slider
  • Basement: Y
  • No Living Levels: 2
  • Main Lo: AN6181
  • Main So: AN3615
  • Estimated Sq Ft: 1378.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 1/10 to 3/10
  • Waterview Features: Ocean
  • Waterview Flag: Yes
  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Wood
  • Insulation Feature: Full, Fiberglass
  • Exterior Unit Features: Porch, Deck

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 1
  • Garage Parking: Attached
  • Garage Spaces: 1

Utilities

  • Sewer: Private Sewerage
  • Water: City/Town Water
  • Electric Features: Circuit Breakers, 100 Amps
  • Cooling: Central Air, Heat Pump, Unit Control
  • Heating: Forced Air, Electric, Unit Control
  • Hot Water: Electric, Tank
  • Utility Connections: for Electric Range, for Electric Oven, for Electric Dryer

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Park, House of Worship
  • HOA Fees: 300.00
  • Association Fee Includes: Master Insurance, Exterior Maintenance, Snow Removal, Refuse Removal
  • Condo Association: Yes

Association/Amenities

  • Condominium Name: Magnolia Harbor Condominium

Schools

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

Lot Info

  • Assessments: 384700.00
  • Page: 354
  • Parcel Number: M:0169 B:0059 L:0002
  • Zoning: VB

Green Features

  • Energy Features: Insulated Windows, Insulated Doors

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Taxes: 4743.00
  • Assessor Parcel Number: 1902074
  • Tax Year: 2020

Multi Family

  • No Units: 5
  • No Units Owner Occ: 3

MLS Schools

  • Grade School: West Parish
  • High School: Gloucester
  • Middle School: O'Maley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2021
Closed on
Mar 16, 2021
Sold by
Townsend Gerard B
Bought by
Lockwood-Barnes Julia and Rich Joseph A
Seller's Agent
Lori Bassinger
Coldwell Banker Realty - Manchester
Buyer's Agent
Sam Lockard
Bay Colony Realty
List Price
$499,000
Sold Price
$505,000
Premium/Discount to List
$6,000
1.2%
Total Days on Market
9
Current Estimated Value
$656,462

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,462
Avg. Annual Appreciation
6.54%
Original Mortgage
$454,500
Outstanding Balance
$414,766
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$241,696

Purchase Details

Listed on
Apr 26, 2018
Closed on
Jul 16, 2018
Sold by
Chappell Constance
Bought by
Townsend Gerard B
Seller's Agent
Peter and Pam Lane
North Shore's Gold Coast Realty
Buyer's Agent
Nancy Winslow
Coldwell Banker Realty - Manchester
List Price
$449,900
Sold Price
$420,000
Premium/Discount to List
-$29,900
-6.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.15%

Purchase Details

Closed on
Jan 26, 1999
Sold by
Holleran Edward P and Perkins Amy A
Bought by
Chappell Constance

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.7%
Mortgage Type
Purchase Money Mortgage

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Lockwood-Barnes Julia $505,000 None Available
Townsend Gerard B $420,000 --
Chappell Constance $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lockwood-Barnes Julia $454,500
Previous Owner Holleran Edward $135,000
Previous Owner Holleran Edward $50,000
Previous Owner Holleran Edward $140,000
Previous Owner Holleran Edward $126,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2021 03/16/21 Sold $505,000 +1.2% $366 / Sq Ft
02/05/2021 02/05/21 Pending -- -- --
01/27/2021 01/27/21 For Sale $499,000 0.0% $362 / Sq Ft
11/02/2018 11/02/18 Rented $2,000 0.0% --
10/27/2018 10/27/18 Under Contract -- -- --
09/13/2018 09/13/18 For Rent $2,000 0.0% --
07/16/2018 07/16/18 Sold $420,000 -2.3% $305 / Sq Ft
05/24/2018 05/24/18 Pending -- -- --
05/02/2018 05/02/18 Price Changed $429,900 -4.4% $312 / Sq Ft
04/26/2018 04/26/18 For Sale $449,900 -- $326 / 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 $5,672 $582,900 $0 $582,900
2024 $5,672 $582,900 $0 $582,900
2023 $4,938 $466,300 $0 $466,300
2022 $4,793 $408,600 $0 $408,600
2021 $4,786 $384,700 $0 $384,700
2020 $4,743 $384,700 $0 $384,700
2019 $4,468 $352,100 $0 $352,100
2018 $4,218 $326,200 $0 $326,200
2017 $4,032 $305,700 $0 $305,700
2016 $3,830 $281,400 $0 $281,400
2015 $3,651 $267,500 $0 $267,500
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Similar Homes in Gloucester, MA

  • 204 Hesperus Ave Unit 3, Gloucester, MA 01930

    $699,000

    • 2 Beds
    • 2 Baths
    • 1,450 Sq Ft
    • 204 Hesperus Ave
    • Unit 3
    • Gloucester, MA

    Sat. OH is Cancelled. Sunday OH only. Property is Under Agreement, Will continue to show for Back Up Offers through P&S date. Imagine sitting on your private and exclusive deck while watching the amazing sunrise and enjoying your view of Eastern Point Lighthouse. Within a few blocks you have access to beautiful Magnolia beach, restaurants, coffee shops, a post office and many more amenities.This

    Hope Watt-Bucci Coldwell Banker Realty - Manchester

    Section Image
  • 47 Pleasant St Unit 2, Gloucester, MA 01930

    $648,000

    • 3 Beds
    • 2 Baths
    • 2,002 Sq Ft
    • 47 Pleasant St
    • Unit 2
    • Gloucester, MA

    Spring is in the air. Located in the downtown hub, this spacious and attractive three bedroom, 2 full bath condominium has distant harbor views and a wonderful layout for entertaining. Combination kitchen/dining perfect for relaxing and making elaborate meals or enjoying pizza at the counter.Gloucester's finest restaurants just steps away and the grocery store and MBTA station are around the

    Ruth Pino RE/MAX Beacon

    Section Image
  • 13 Wheeler St Unit A, Gloucester, MA 01930

    $629,000

    • 3 Beds
    • 1.5 Baths
    • 1,680 Sq Ft
    • 13 Wheeler St
    • Unit A
    • Gloucester, MA

    Tucked beneath the scenic Poles Hill Conservation Area, this beautifully updated 3-bedroom townhome lives like a single-family home. Ideally located with quick access to Route 128, downtown Gloucester shops and restaurants, the Annisquam River, and Gloucester’s world-famous beaches. Step inside to find beautiful hardwood floors throughout and a sun-filled living room perfect for relaxing or

    Patricia McCormick J. Barrett & Company

    Section Image

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72779185

MLS Property Information Network (MLS PIN)

APN: GLOU-000169-000059-000002