NOT LISTED FOR SALE

Estimated Value: $524,000 - $710,000

2 Beds
3 Baths
2,240 Sq Ft
$278/Sq Ft Est. Value

Last Sold December 29, 2018

Last sale price $814,385 $364 Per Sq Ft

Est. 24% decrease in value since last sale

Current estimated payment $3,617/month

289 Days on Market

About This Home

As of December 2018

Two Story Home - New Construction! Live the maintain-free lifestyle you have always dreamed of at the Village at Magnolia Shores. You can own a spacious new 2 bedroom Home Energy Rated System (HERS) home (two homes designs to chose from) featuring master ensuite, library, loft and 2.5 bath and full basement nestled on 50 beautifully wooded acres in a charming seaside village called Magnolia located within the city of Gloucester. Generous appliance and lighting allowances. Between Manchester and Magnolia is Surf Park. Magnolia residents are fortunate to have their own library, restaurants, and shops. Another feature of Magnolia is its beach, Gray Beach which is a part of Coolidge Reservation. It is rich with large historical homes and buildings. Only 30 miles north of downtown Boston and Logan International Airport and minutes to shopping, dining and beaches. GPS Directions use 10 Carter Hill Road, Gloucester. Photos do not reflect actual home. Photos are samples.

Last Agent to Sell the Property

Christina Mackey

Coldwell Banker Realty - Shepley Hill Listed on: 02/05/2017

Coldwell Banker Realty - Shepley Hill

Co-Listed By

Kevin O'Grady

Coldwell Banker Realty - Premier Communities

Last Buyer's Agent

Robert Cuddyer

Coldwell Banker Realty - Manchester

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 2018

Lot Details

  • Year Round Access

Parking

  • 2 Car Garage

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Propane Water Heater
  • Private Sewer
  • Cable TV Available

Additional Features

  • Basement

Community Details

  • Call for details about the types of pets allowed

Townhouse Details

Home Type

Townhome

Year Built

Built in 2018

Lot Details

0

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Townhouse, Half-Duplex
  • Other Agent: 2.50
  • Year Built Description: Approximate, To Be Built
  • List Price Per Sq Ft: 343.71
  • Comp Based On: Net Sale Price
  • Year Built: 2018
  • Year Round: Yes
  • Unit Building: 00
  • Unit Level: 1
  • Unit Placement: End
  • Special Features: NewHome
  • Property Sub Type: Townhouses
  • Stories: 2
  • Year Built: 2018

Interior Features

  • Fireplaces: 1
  • Flooring: Tile, Wall to Wall Carpet, Hardwood
  • Interior Amenities: Cable Available
  • No Bedrooms: 2
  • Master Bedroom: On Level: First Floor, Dimension: 17X12, Bathroom - Full, Bathroom - Double Vanity/Sink, Closet - Walk-in, Flooring - Wall to Wall Carpet, Main Level, Cable Hookup, High Speed Internet Hookup
  • Bedroom 2: On Level: Second Floor, Dimension: 15X11, Closet, Flooring - Wall to Wall Carpet
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Primary Bathroom: Yes
  • No Rooms: 8
  • Dining Room: On Level: First Floor, Dimension: 16X13, Flooring - Hardwood, Wainscoting
  • Kitchen: On Level: First Floor, Dimension: 11X10, Flooring - Hardwood, Pantry, Countertops - Stone/Granite/Solid, Breakfast Bar / Nook, Recessed Lighting
  • Laundry: On Level: First Floor, Flooring - Stone/Ceramic Tile
  • Living Room: On Level: First Floor, Dimension: 14X14, Fireplace, Flooring - Hardwood, Balcony / Deck, Main Level, Cable Hookup, High Speed Internet Hookup
  • Basement: Y
  • Other Room 1: Name: Loft, On Level: Second Floor, Dimension: 16X16, Flooring - Wall to Wall Carpet
  • Other Room 2: Name: Library, On Level: First Floor, Dimension: 12X10, Flooring - Hardwood
  • No Living Levels: 2
  • Main Lo: K95001
  • Main So: K95001
  • Estimated Sq Ft: 2240.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 3/10 to 1/2 Mile
  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Insulation Feature: Full, Blown In, Mixed, Fiberglass - Batts
  • Exterior Unit Features: Porch, Deck - Composite, Decorative Lighting, Screens, Gutters, Professional Landscaping, Sprinkler System

Garage/Parking

  • Parking Spaces: 4
  • Garage Parking: Attached, Garage Door Opener
  • Garage Spaces: 2

Utilities

  • Sewer: Private Sewerage
  • Water: City/Town Water
  • Electric Features: 200 Amps
  • Cooling: Central Air
  • Cooling Zones: 2
  • Heating: Forced Air, Gas
  • Heat Zones: 2
  • Hot Water: Propane Gas
  • Utility Connections: for Electric Range, for Electric Dryer, Washer Hookup, Icemaker Connection

Condo/Co-op/Association

  • Fee Interval: Monthly
  • Amenities: Shopping, Park, Walk/Jog Trails, Stables, Golf Course, Medical Facility, Highway Access, House of Worship, Marina, Private School, Public School
  • HOA Fees: 445.00
  • Association Fee Includes: Sewer, Master Insurance, Exterior Maintenance, Road Maintenance, Landscaping, Snow Removal, Walking/Jogging Trails
  • Condo Association: Yes
  • Management: Professional - Off Site

Association/Amenities

  • Condominium Name: The Village at Magnolia Shores

Lot Info

  • Acre: 50.00
  • Lot Size: 2178000.00
  • Zoning: R2

Green Features

  • Energy Features: Insulated Windows, Prog. Thermostat

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Multi Family

  • No Units: 45

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 31, 2011
Sold by
Abbott Magnolia Llc
Bought by
Gloucester City Of
Current Estimated Value
$622,647

Purchase Details

Closed on
Jun 23, 2004
Sold by
15 Kent Road T
Bought by
Tyler Stephen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,400
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gloucester City Of $1,804 --
Tyler Stephen M $308,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tyler Stephen M $216,000
Previous Owner Tyler Stephen M $246,400
Previous Owner Tyler Stephen M $246,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/29/2018 12/29/18 Sold $814,386 -2.6% $364 / Sq Ft
11/06/2018 11/06/18 Sold $836,186 +8.6% $407 / Sq Ft View Prior Sale
11/21/2017 11/21/17 Pending -- -- --
09/09/2017 09/09/17 For Sale $769,900 0.0% $344 / Sq Ft
04/23/2017 04/23/17 Pending -- -- --
04/18/2017 04/18/17 Pending -- -- --
02/05/2017 02/05/17 For Sale $769,900 0.0% $344 / Sq Ft
04/25/2016 04/25/16 For Sale $769,900 -- $375 / 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 $4,715 $485,100 $214,100 $271,000
2024 $4,580 $470,700 $203,900 $266,800
2023 $4,584 $432,900 $181,900 $251,000
2022 $4,222 $359,900 $148,000 $211,900
2021 $4,231 $340,100 $134,500 $205,600
2020 $3,916 $317,600 $134,500 $183,100
2019 $3,867 $304,700 $134,500 $170,200
2018 $3,816 $295,100 $134,500 $160,600
2017 $3,716 $281,700 $128,100 $153,600
2016 $3,586 $263,500 $133,600 $129,900
2015 $3,542 $259,500 $133,600 $125,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72115958

MLS Property Information Network (MLS PIN)

APN: GLOU-000229-000049