NOT LISTED FOR SALE

245 Magnolia Ave Gloucester, MA 01930

West Gloucester Neighborhood

Estimated Value: $860,000 - $958,582

0.89 Acre
$1,021,512 Price per Acre
38,768 Sq Ft Lot

Sale Details

Date Sold: May 25, 2016

Last sale price $140,000

Est. 549% increase in value since last sale

Current estimated payment $5,682 / mo

29 Days on Market

Highlights

  • Waterfront
  • Property is near public transit
  • Jogging Path
  • 0.89 Acre Lot
  • Wooded Lot
  • Additional Land

About This Lot

As of May 2016

Great opportunity to build your own home in Magnolia. This lot offers convenience to routes 128 and 133 with easy access to downtown Gloucester as well. The setting is quiet and wooded. Of the four lots offered at this location, this lot is closest to the road but has it's own private access/driveway. This lot comes with an approved 4 bedroom septic design. Seller will bring in electric and water. Just a few minutes from the brand new West Parish elementary school which is scheduled to open this fall. Come take a look!

Last Agent to Sell the Property

Mandy Sheriff

J. Barrett & Company Listed on: 03/29/2016

Last Buyer's Agent

Bethany Pratt

Churchill Properties

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,095

Lot Details

  • 38,768 Sq Ft Lot
  • Waterfront
  • Level Lot
  • Wooded Lot
  • Rough Grade
  • Additional Land
  • Property is zoned R30

Location

  • Property is near public transit

Schools

  • West Parish Elementary School
  • Omaley Middle School
  • GHS High School

Utilities

  • Electricity To Lot Line
  • Natural Gas Not Available
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 4887345

Community Details

Overview

  • Property has a Home Owners Association
  • Near Conservation Area

Amenities

  • Shops

Recreation

  • Jogging Path

Property Details

Property Type

Land

Est. Annual Taxes

$2,095

Lot Details

0.89 Acres

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • ResoPropertyType: Land
  • Special Features: None

Interior Features

  • MAIN LO: C95243
  • MAIN SO: AN1332

Exterior Features

  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Waterfront Features: Beach Front, Ocean, Beach Ownership(Public)
  • Waterfront YN: Yes

Utilities

  • Sewer: Private Sewer
  • Gas: None
  • Electric: On-Site, Other (See Remarks)
  • Electricity On Property: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Walk/Jog Trails, Conservation Area, Highway Access
  • Senior Community YN: No

Lot Info

  • Parcel Number: 4887345
  • Zoning: R30
  • Additional Parcels YN: No
  • Development Status: Rough Grade
  • Farm Land Area Units: Square Feet
  • Lot Features: Level, Wooded, Additional Land Available
  • Lot Size Acres: 0.89
  • Lot Size Sq Ft: 38768.4
  • Lot Size Units: Acres
  • Number Of Lots: 1
  • LOT SIZE: 38678
  • PERC TEST: Y

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 2095.28

MLS Schools

  • High School: Ghs
  • Elementary School: West Parish
  • Middle Or Junior School: Omaley

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2016
Closed on
May 25, 2016
Sold by
Bought by
Seller's Agent
Mandy Sheriff
J. Barrett & Company
Buyer's Agent
Bethany Pratt
Churchill Properties
List Price
$190,000
Sold Price
$140,000
Premium/Discount to List
-$50,000
-26.32%
Current Estimated Value
$909,146

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$769,146
Avg. Annual Appreciation
20.20%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$140,000 --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/25/2016 05/25/16 Sold $140,000 -26.3% --
04/25/2016 04/25/16 Pending -- -- --
03/29/2016 03/29/16 For Sale $190,000 -- --
Source: MLS Property Information Network (MLS PIN)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $8,752 $900,400 $226,700 $673,700
2024 $8,625 $886,400 $215,900 $670,500
2023 $8,797 $830,700 $192,700 $638,000
2022 $8,177 $697,100 $167,700 $529,400
2021 $7,685 $617,800 $152,500 $465,300
2020 $7,330 $594,500 $152,500 $442,000
2019 $4,016 $316,500 $152,500 $164,000
2018 $1,972 $152,500 $152,500 $0
2017 $1,940 $147,100 $147,100 $0
2016 $2,089 $153,500 $153,500 $0
2015 $2,095 $153,500 $153,500 $0
Source: Public Records

Agents Affiliated with this Home

  • Mandy Sheriff

    Seller's Agent in 2016

    Mandy Sheriff

    J. Barrett & Company

    (978) 985-6907

    1 in this area

    53 Total Sales

    Mandy Sheriff
    Section Image

  • B

    Buyer's Agent in 2016

    Bethany Pratt

    Churchill Properties

    (617) 388-9571

    1 in this area

    11 Total Sales

    Bethany Pratt
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71978797

MLS Property Information Network (MLS PIN)

APN: GLOU-000207-000043

Massachusetts Essex County Gloucester 01930 West Gloucester

245 Magnolia Ave, Gloucester, MA

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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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