NOT LISTED FOR SALE

16 Kennedy Rd Unit B Gloucester, MA 01930

Magnolia Neighborhood

Estimated Value: $1,091,782 - $1,256,000

2 Beds
3 Baths
2,054 Sq Ft
50 Acres

Last Sold February 06, 2015

Last sale price $623,555 $304 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $7,278/month

67 Days on Market

About This Home

As of February 2015

Single Level 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 Energy Star home (three homes designs to chose from) featuring master and 2nd bedroom ensuite, library and 2.5 bath nestled on 50 beautifully wooded acres in a charming seaside village called Magnolia located within the city of Gloucester. Between Manchester and Magnolia is Surf Park, a two-acre parcel of land that has scenic views of Kettle Cove. 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

Last Listed By

Christina Mackey

Coldwell Banker Realty - Shepley Hill Listed on: 09/12/2014

Coldwell Banker Realty - Shepley Hill

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,819

Year Built

2014

Lot Details

0

Listing Details

  • Unit Level: 1
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Year Built: 2014

Interior Features

  • Has Basement: Yes
  • Fireplaces: 1
  • Primary Bathroom: Yes
  • Number of Rooms: 6
  • Amenities: Shopping, Park, Walk/Jog Trails, Stables, Golf Course, Medical Facility, Highway Access, House of Worship, Marina, Private School, Public School
  • Electric: 200 Amps
  • Energy: Insulated Windows, Prog. Thermostat
  • Flooring: Tile, Wall to Wall Carpet, Hardwood
  • Insulation: Full, Blown In, Fiberglass - Batts
  • Interior Amenities: Cable Available
  • Bedroom 2: First Floor, 15X14
  • Kitchen: First Floor, 12X11
  • Living Room: First Floor, 15X15
  • Master Bedroom: First Floor, 18X14
  • Master Bedroom Description: Bathroom - Full, Bathroom - Double Vanity/Sink, Closet - Walk-in, Flooring - Wall to Wall Carpet, Main Level, Cable Hookup, High Speed Internet Hookup
  • Dining Room: First Floor, 15X11

Exterior Features

  • Construction: Frame
  • Exterior: Clapboard, Vinyl, Shake
  • Exterior Unit Features: Porch, Deck - Composite, Decorative Lighting, Screens, Gutters, Professional Landscaping, Sprinkler System

Garage/Parking

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

Utilities

  • Hot Water: Propane Gas
  • Utility Connections: for Electric Range, for Electric Dryer, Washer Hookup, Icemaker Connection

Condo/Co-op/Association

  • Condominium Name: The Village at Magnolia Shores
  • Association Fee Includes: Sewer, Master Insurance, Exterior Maintenance, Road Maintenance, Landscaping, Snow Removal, Walking/Jogging Trails
  • Association Pool: No
  • Management: Professional - Off Site
  • Pets Allowed: Yes w/ Restrictions
  • No Units: 45
  • Unit Building: B

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2014
Closed on
Feb 6, 2015
Sold by
Magnolia Reach Capital
Bought by
Close Andrew P and Close Diana L
Seller's Agent
Christina Mackey
Coldwell Banker Realty - Shepley Hill
Buyer's Agent
Betsy Woods
Leading Edge Real Estate
List Price
$598,900
Sold Price
$623,555
Premium/Discount to List
$24,655
4.12%
Total Days on Market
67
Current Estimated Value
$1,180,196

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$556,641
Avg. Annual Appreciation
5.62%
Original Mortgage
$275,000
Outstanding Balance
$218,439
Interest Rate
3.84%
Mortgage Type
New Conventional
Estimated Equity
$873,817

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
Close Andrew P $623,555 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Close Andrew P $275,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/06/2015 02/06/15 Sold $623,555 0.0% $304 / Sq Ft
11/18/2014 11/18/14 Pending -- -- --
11/10/2014 11/10/14 Off Market $623,555 -- --
09/12/2014 09/12/14 For Sale $598,900 -- $292 / 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 $8,819 $906,400 $0 $906,400
2024 $8,819 $906,400 $0 $906,400
2023 $8,458 $798,700 $0 $798,700
2022 $8,885 $757,500 $0 $757,500
2021 $8,795 $707,000 $0 $707,000
2020 $8,902 $722,000 $0 $722,000
2019 $8,485 $668,600 $0 $668,600
2018 $8,265 $639,200 $0 $639,200
2017 $7,889 $598,100 $0 $598,100
2016 $7,457 $547,900 $0 $547,900
Source: Public Records

Agents Affiliated with this Home

  • Christina Mackey

    Seller's Agent in 2015

    Christina Mackey

    Coldwell Banker Realty - Shepley Hill

    (603) 498-8375

    39 Total Sales

    Christina Mackey
    Section Image
  • Betsy Woods

    Buyer's Agent in 2015

    Betsy Woods

    Leading Edge Real Estate

    (978) 578-2565

    95 Total Sales

    Betsy Woods
    Section Image
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Map

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Source: MLS Property Information Network (MLS PIN)

MLS Number: 71742457

MLS Property Information Network (MLS PIN)

APN: GLOU-000193-000090-000016B

Massachusetts Essex County Gloucester 01930 Magnolia

16 Kennedy Rd Unit B, Gloucester, MA

Homes for Sale in Gloucester, MA

This home is located at 16 Kennedy Rd Unit B, Gloucester, MA 01930 since 12 September 2014 and is currently estimated at $1,180,196, approximately $574 per square foot. This property was built in 2014. 16 Kennedy Rd Unit B 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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