NOT LISTED FOR SALE

18 Norman Ave Gloucester, MA 01930

Magnolia Neighborhood

Estimated Value: $2,257,103

8 Beds
6 Baths
12,208 Sq Ft
$185/Sq Ft Est. Value

Last Sold November 04, 2013

Last sale price $1,070,000 $88 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $13,450/month

132 Days on Market

About This Home

As of November 2013

Beautiful, stately circa 1880's Colonial located in the lovely seaside village of Magnolia. This grand home has many original period details and exhibits the elegance of it's time. Currently being used as an Inn with 8 guest bedrooms and 10 additional guests rooms and baths in the motel annex - this spectacular property boasts almost 1-3/4 acres of land with a beautiful garden that can be viewed from the veranda. Many mature plantings, ample parking, and close to beach, shops, & town.

Last Agent to Sell the Property

Nancy Goodick

Advisors Living - Gloucester Listed on: 05/15/2013

Advisors Living - Gloucester

Last Buyer's Agent

Ruth Pino

RE/MAX Beacon

RE/MAX Beacon

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,798

Year Built

1880

Lot Details

0

Listing Details

  • Lot Description: Cleared, Level
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1880

Interior Features

  • Has Basement: Yes
  • Fireplaces: 7
  • Primary Bathroom: Yes
  • Number of Rooms: 15
  • Amenities: Public Transportation, Shopping, Tennis Court, Park, Walk/Jog Trails, Golf Course, Medical Facility, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station
  • Flooring: Wood
  • Interior Amenities: Cable Available
  • Basement: Full, Walk Out, Interior Access, Concrete Floor
  • Bedroom 2: Second Floor
  • Bedroom 3: Second Floor
  • Bedroom 4: Second Floor
  • Bedroom 5: Second Floor
  • Bathroom #1: Second Floor
  • Kitchen: First Floor
  • Laundry Room: First Floor
  • Living Room: First Floor
  • Master Bedroom: Second Floor
  • Master Bedroom Description: Fireplace, Flooring - Hardwood
  • Dining Room: First Floor
  • Family Room: First Floor

Exterior Features

  • Frontage: 100
  • Construction: Frame
  • Exterior: Clapboard, Shingles
  • Exterior Features: Porch, Garden Area
  • Foundation: Fieldstone

Garage/Parking

  • Parking: Off-Street, Improved Driveway
  • Parking Spaces: 17

Utilities

  • Heat Zones: 1
  • Hot Water: Oil
  • Utility Connections: for Electric Range

Condo/Co-op/Association

  • HOA: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2013
Closed on
Nov 4, 2013
Sold by
Curry Properties Llc
Bought by
Innovation House Llc
Seller's Agent
Nancy Goodick
Advisors Living - Gloucester
Buyer's Agent
Ruth Pino
RE/MAX Beacon
List Price
$1,299,000
Sold Price
$1,070,000
Premium/Discount to List
-$229,000
-17.63%
Current Estimated Value
$2,257,103

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,187,103
Avg. Annual Appreciation
6.02%

Purchase Details

Closed on
Jul 8, 2009
Sold by
Steele Charlene A
Bought by
Curry Prop Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$787,500
Interest Rate
4.93%
Mortgage Type
Commercial
Source: Public Records

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
Innovation House Llc $1,070,000 --
Curry Prop Llc $881,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Curry Prop Llc $787,500
Previous Owner Curry Prop Llc $525,000
Previous Owner Curry Prop Llc $382,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2013 11/04/13 Sold $1,070,000 0.0% $88 / Sq Ft
09/24/2013 09/24/13 Pending -- -- --
08/27/2013 08/27/13 Off Market $1,070,000 -- --
05/15/2013 05/15/13 For Sale $1,299,000 -- $106 / 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 $17,798 $1,770,900 $489,400 $1,281,500
2024 $17,798 $1,770,900 $489,400 $1,281,500
2023 $18,890 $1,726,700 $436,800 $1,289,900
2022 $20,238 $1,669,800 $379,900 $1,289,900
2021 $23,280 $1,811,700 $345,800 $1,465,900
2020 $15,180 $1,191,500 $345,800 $845,700
2019 $15,390 $1,173,900 $345,800 $828,100
2018 $15,448 $1,156,300 $345,800 $810,500
2017 $15,174 $1,113,300 $329,200 $784,100
2016 $15,913 $1,095,200 $328,700 $766,500
2015 $15,039 $1,031,500 $328,700 $702,800
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2013

    Nancy Goodick

    Advisors Living - Gloucester

    (978) 985-6080

    23 Total Sales

    Nancy Goodick
    Section Image
  • Ruth Pino

    Buyer's Agent in 2013

    Ruth Pino

    RE/MAX

    (978) 764-6710

    6 in this area

    120 Total Sales

    Ruth Pino
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71527042

MLS Property Information Network (MLS PIN)

APN: GLOU-000170-000043

Massachusetts Essex County Gloucester 01930 Magnolia

18 Norman Ave, Gloucester, MA

This home is located at 18 Norman Ave, Gloucester, MA 01930 since 15 May 2013 and is currently estimated at $2,257,103, approximately $184 per square foot. This property was built in 1880. 18 Norman Ave is a home located in Essex County with nearby schools including West Parish, Ralph B O'maley Middle School, and Gloucester High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Property Information Network (MLS PIN) The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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