$595,000
SOLD AUG 15, 2024
2 Beds
1.5 Baths
1,315 Sq Ft
$350/mo HOA Fee

Recently Sold

$452 Per Sq Ft

5% Below List Price

77 Days on Market

Highlights

  • Marina
  • Medical Services
  • Deck
  • Golf Course Community
  • Waterfront
  • 4-minute walk to Gray Beach

About This Home

As of August 2024

Exhale and experience Magnolia's sweet salty air! Treat yourself to a seaside life in the tranquil village of Magnolia. Welcome to the best-kept secret location on Cape Ann! This charming hamlet offers various amenities such as a beach, a pier for swimming, an oceanfront promenade for strolling, restaurants, hair salons, a post office, and dog grooming. The spacious and well-lit condominium is in enviable move-in condition, featuring a beautiful white kitchen and two modern bathrooms that are only five years old. You can choose from two balconies to enjoy distant ocean views while sipping your sunrise coffee or sunset drinks. The gleaming hardwood floors and central air will add to your comfort and enjoyment in your home. The garage under is this condo's hidden treasure. This well-maintained condo offers the special opportunity to live in a beautiful seaside village you may have never heard of before - but will never want to leave.

Last Agent to Sell the Property

Patty Knaggs

RE/MAX Beacon Listed on: 05/09/2024

RE/MAX Beacon

Co-Listed By

Patty Knaggs

RE/MAX Beacon

Last Buyer's Agent

Paula Polo-Filias

J. Barrett & Company

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,328

Year Built

  • Built in 2010

Lot Details

  • Waterfront
  • Near Conservation Area
  • Two or More Common Walls

HOA Fees

  • $350 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Tuck Under Parking
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,315 Sq Ft Home
  • 3-Story Property
  • Insulated Windows
  • Insulated Doors
  • Laundry in unit
  • Basement

Kitchen

  • Range
  • Dishwasher

Flooring

  • Wood
  • Laminate
  • Stone

Bedrooms and Bathrooms

  • 2 Bedrooms

Home Security

Outdoor Features

  • Walking Distance to Water
  • Deck

Location

  • Property is near public transit
  • Property is near schools

Schools

  • West Parish Elementary School
  • O'malley Middle School
  • GHS High School

Utilities

  • Forced Air Heating and Cooling System
  • 2 Cooling Zones
  • 2 Heating Zones
  • Private Sewer

Listing and Financial Details

  • Legal Lot and Block 0004 / 0059
  • Assessor Parcel Number 1902076

Community Details

Overview

  • Association fees include insurance, maintenance structure
  • 5 Units
  • Magnolia Harbor Condominium Community

Amenities

  • Medical Services
  • Common Area
  • Shops
  • Coin Laundry

Recreation

  • Marina
  • Golf Course Community
  • Park
  • Jogging Path

Security

  • Storm Doors

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,328

Year Built

Built in 2010

Lot Details

0

HOA Fees

$350 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Townhouse
  • Year Built: 2010
  • Entry Level: 1
  • Year Built Details: Actual
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Flooring: Wood, Stone / Slate, Wood Laminate
  • Door Features: Insulated Doors, Storm Door(s)
  • Entry Location: Unit Placement(Street)
  • Fireplace YN: No
  • Appliances: Range, Dishwasher, Refrigerator
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bathrooms: 1.5
  • Laundry Features: In Unit
  • Basement: Y
  • Living Area: 1315
  • Spa YN: No
  • Stories Total: 3
  • Window Features: Insulated Windows
  • MAIN LO: AN8171
  • LIST PRICE PER Sq Ft: 477.57
  • PRICE PER Sq Ft: 452.47
  • MAIN SO: C95243
  • Insulation: Unknown

Exterior Features

  • Exterior Features: Deck
  • Common Walls: 2+ Common Walls
  • Construction Materials: Frame
  • Home Warranty YN: No
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Waterfront Features: Beach Front, Ocean, Walk to, 0 to 1/10 Mile To Beach
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage YN: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Parking Features: Attached, Under, Garage Door Opener, Off Street
  • Total Parking Spaces: 1

Utilities

  • Sewer: Private Sewer
  • Utilities: for Electric Range
  • Cooling: Central Air
  • Heating: Forced Air, Electric
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 2
  • COOLING ZONES: 2

Condo/Co-op/Association

  • Association Fee: 350
  • Association Fee Frequency: Monthly
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Conservation Area, Highway Access, House of Worship, Marina, Public School, T-Station
  • Senior Community YN: No
  • UNIT BUILDING: 4
  • MANAGEMENT: Owner Association
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Insurance, Maintenance Structure

Lot Info

  • Parcel Number: 1902076
  • Zoning: VB
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • PAGE: 311
  • OUTDOOR SPACE AVAILABLE: Yes - Common
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 5328.46
  • Tax Block: 0059
  • Tax Book Number: 37468
  • Tax Lot: 0004
  • Tax Map Number: 0169

Multi Family

  • Number Of Units Total: 5
  • Basement Included Sq Ft: No
  • NO UNITS OWNER OCC: 5

MLS Schools

  • High School: Ghs
  • Elementary School: West Parish
  • Middle Or Junior School: O'malley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2024
Closed on
Aug 13, 2024
Sold by
Dipietro Joseph
Bought by
Sanguine T T and Sanguine Bonaccorso
Seller's Agent
Patty Knaggs
RE/MAX Beacon
Buyer's Agent
Paula Polo-Filias
J. Barrett & Company
List Price
$628,000
Sold Price
$595,000
Premium/Discount to List
-$33,000
-5.25%
Views
43
Current Estimated Value
$604,062

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,062
Avg. Annual Appreciation
1.74%

Purchase Details

Listed on
Nov 8, 2018
Closed on
Apr 26, 2019
Sold by
Agatha Palazzolo Rt
Bought by
Dipietro Joseph
Seller's Agent
William Rochford
Sagan Harborside Sotheby's International Realty
Buyer's Agent
Patty Knaggs
RE/MAX Beacon
List Price
$398,000
Sold Price
$398,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.87%
Original Mortgage
$298,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 10, 2012
Sold by
Palazzolo Agatha
Bought by
Agatha Palazzolo Rt and Palazzolo Agatha

Purchase Details

Closed on
Jul 10, 1997
Sold by
Allen Laura Macdonald
Bought by
Curreri Agatha P

Purchase Details

Closed on
Feb 9, 1996
Sold by
Donnelly Annette
Bought by
Allen Laura

Purchase Details

Closed on
Jun 25, 1993
Sold by
First Ave Rt Peabody
Bought by
Donnelly Annette M
Source: Public Records

Similar Homes in Gloucester, MA

  • 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
  • 74 E Main St Unit 3, Gloucester, MA 01930

    $737,000

    • 3 Beds
    • 3 Baths
    • 1,709 Sq Ft
    • 74 E Main St
    • Unit 3
    • Gloucester, MA

    Beautifully appointed 3-bedroom, 3-bath townhouse with sweeping views of Cripple Cove and Gloucester’s harbor from every level. The fully fenced, professionally landscaped yard offers vibrant gardens that attract butterflies and hummingbirds—creating a magical outdoor setting ideal for relaxing or entertaining. Pet friendly and lives like a single-family home, this condo offers flexibility and

    Debra Lovelace Churchill Properties

    Section Image

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 Type Sale Price Title Company
Condominium Deed $595,000 None Available
Condominium Deed $595,000 None Available
Not Resolvable $398,000 --
Deed -- --
Deed -- --
Deed $150,000 --
Deed $150,000 --
Deed $141,000 --
Deed $141,000 --
Deed $127,900 --
Deed $127,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $295,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $298,000 New Conventional
Previous Owner $138,500 No Value Available
Previous Owner $52,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2024 08/15/24 Sold $595,000 -5.3% $452 / Sq Ft
07/26/2024 07/26/24 Pending -- -- --
05/09/2024 05/09/24 For Sale $628,000 +57.8% $478 / Sq Ft
04/26/2019 04/26/19 Sold $398,000 0.0% $303 / Sq Ft
03/15/2019 03/15/19 Pending -- -- --
11/08/2018 11/08/18 For Sale $398,000 -- $303 / 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 $5,285 $543,200 $0 $543,200
2024 $5,285 $543,200 $0 $543,200
2023 $4,597 $434,100 $0 $434,100
2022 $4,667 $397,900 $0 $397,900
2021 $4,656 $374,300 $0 $374,300
2020 $4,510 $365,800 $0 $365,800
2019 $4,301 $338,900 $0 $338,900
2018 $4,059 $313,900 $0 $313,900
2017 $3,880 $294,200 $0 $294,200
2016 $3,687 $270,900 $0 $270,900
2015 $3,515 $257,500 $0 $257,500
Source: Public Records

Agents Affiliated with this Home

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

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73235410

MLS Property Information Network (MLS PIN)

APN: GLOU-000169-000059-000004