NOT LISTED FOR SALE

Estimated Value: $514,000 - $735,000

2 Beds
3 Baths
2,240 Sq Ft
50 Acres

Last Sold November 20, 2016

Last sale price $726,816 $324 Per Sq Ft

Est. 16% decrease in value since last sale

Current estimated payment $3,692/month

37 Days on Market

About This Home

As of November 2016

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 walk-out 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: 06/14/2015

Coldwell Banker Realty - Shepley Hill

Last Buyer's Agent

Deborah Terlik

Keller Williams Realty Evolution

Keller Williams Realty Evolution

Property Details

Home Type

  • Condominium

Year Built

  • 2016

Lot Details

  • 50

Utilities

  • Private Sewer

Property Details

Home Type

Condominium

Year Built

2016

Lot Details

0

Listing Details

  • Unit Level: 1
  • Unit Placement: End, Walkout
  • Property Type: Condominium/Co-Op
  • Other Agent: 2.50
  • Year Round: Yes
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 2
  • Year Built: 2016

Interior Features

  • Fireplaces: 1
  • Has Basement: Yes
  • Fireplaces: 1
  • Primary Bathroom: Yes
  • Number of Rooms: 8
  • 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, Mixed, Fiberglass - Batts
  • Interior Amenities: Cable Available
  • Bedroom 2: First Floor, 15X11
  • Kitchen: First Floor, 11X10
  • Laundry Room: First Floor
  • Living Room: First Floor, 14X14
  • Master Bedroom: First Floor, 17X12
  • 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, 16X13
  • Oth1 Room Name: Loft
  • Oth1 Dimen: 16X16
  • Oth1 Dscrp: Flooring - Wall to Wall Carpet
  • Oth1 Level: Second Floor
  • Oth2 Room Name: Library
  • Oth2 Dimen: 12X10
  • Oth2 Dscrp: Flooring - Hardwood
  • Oth2 Level: First Floor
  • No Living Levels: 2

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Vinyl
  • Exterior Unit Features: Porch, Deck - Composite, Decorative Lighting, Screens, Gutters, Professional Landscaping, Sprinkler System
  • Beach Ownership: Public

Garage/Parking

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

Utilities

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

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
  • Management: Professional - Off Site
  • Pets Allowed: Yes w/ Restrictions
  • No Units: 45
  • Unit Building: 00

Fee Information

  • Fee Interval: Monthly

Lot Info

  • Zoning: R2

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
$611,251

Purchase Details

Closed on
Dec 15, 2000
Sold by
Spanninger Lt
Bought by
Maltese Robert
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 $1,440 --
Maltese Robert $145,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Maltese Robert $115,000
Previous Owner Maltese Robert $116,000
Previous Owner Maltese Robert $114,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/20/2016 11/20/16 Sold $726,817 +2.9% $324 / Sq Ft
11/14/2016 11/14/16 Sold $706,119 +11.7% $315 / Sq Ft View Prior Sale
07/21/2015 07/21/15 Pending -- -- --
06/14/2015 06/14/15 Pending -- -- --
06/14/2015 06/14/15 For Sale $631,900 -1.1% $282 / Sq Ft
05/28/2015 05/28/15 For Sale $638,900 -- $285 / 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 $6,323 $650,500 $383,600 $266,900
2024 $6,111 $628,100 $365,300 $262,800
2023 $6,064 $572,600 $326,300 $246,300
2022 $5,696 $485,600 $277,500 $208,100
2021 $5,647 $453,900 $252,000 $201,900
2020 $5,417 $439,300 $252,000 $187,300
2019 $5,396 $425,200 $252,000 $173,200
2018 $5,344 $413,300 $252,000 $161,300
2017 $5,201 $394,300 $240,000 $154,300
2016 $5,023 $369,100 $240,600 $128,500
2015 $5,100 $373,600 $249,000 $124,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71857097

MLS Property Information Network (MLS PIN)

APN: GLOU-000220-000003