NOT LISTED FOR SALE
0.22 Acres
-- Price per Acre
9,583 Sq Ft Lot

Sale Details

Date Sold: January 30, 2019

Last sale price $575,000 $114 Per Sq Ft

24 Days on Market

Highlights

  • Marina
  • Medical Services
  • Property is near golf course, public transit, and schools
  • Ocean View
  • Waterfront
  • 1-minute walk to Gray Beach

About This Lot

As of January 2019

Calling all investors, builders or buyers who want to generate income... MIXED USE LAND FULLY APPROVED FOR 4 CONDOS, RESTAURANT AND OTHER RETAIL/ SPACE. Everything in place to pull permits & start excavation. Space to potentially add two more condos (without changing exterior footprint) on the ground floor (in proposed parking) but further approvals/processes and new septic likely needed to be considered. Building is adjacent to the beach and located in Magnolia Village. Opportunity to sell/rent condos (summer or year-round tenants) or to sell/lease retail space (shell or built out). Interested restaurant and retail tenants identified. Selling in “as is” condition and price reflects completed processes/approvals, reports, engineering/drainage, complete architectural designs/pricing sets, etc. Buyers/Agents: Further due diligence is buyer/agent responsibility. Building will have ocean views. ALL OFFERS RECEIVED WILL BE REVIEWED AND RESPONDED TO ON 7/25/18 BY 5:00 P.M.

Last Agent to Sell the Property

Lisa Phillips

eXp Realty LLC - Corporate Office License #454008069 Listed on: 07/15/2018

eXp Realty LLC - Corporate Office

Last Buyer's Agent

Frank Rossetti

Coldwell Banker Realty - Lynnfield

Coldwell Banker Realty - Lynnfield
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Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,729

Lot Details

  • 9,583 Sq Ft Lot
  • Waterfront
  • Corner Lot
  • Property is zoned NB

Utilities

  • Natural Gas Not Available
  • Private Sewer

Additional Features

  • Ocean Views
  • Property is near golf course, public transit, and schools

Listing and Financial Details

  • Assessor Parcel Number 1901879

Community Details

Overview

  • No Home Owners Association
  • Near Conservation Area

Amenities

  • Medical Services
  • Shops

Recreation

  • Marina
  • Tennis Courts
  • Community Pool
  • Park
  • Jogging Path
  • Water Access
  • Property is near a beach
  • Walking Distance to Water
  • Electricity Available at Street

Property Details

Property Type

Land

Est. Annual Taxes

$3,729

Lot Details

9,583 Sq Ft Lot

Listing Details

  • Mls Status: Sold
  • Standard Status: Closed
  • Property Type: Land
  • Property Sub Type: Commercial
  • MLSPIN_BEACHFRONT_FLAG: Yes
  • Special Features: None

Interior Features

  • MAIN LO: C95236
  • MAIN SO: an6181

Exterior Features

  • Home Warranty YN: No
  • Road Frontage Type: Public, City Street
  • Road Surface Type: Paved
  • Waterfront Features: Direct Access, Walk to, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No
  • Waterview Flag: Yes

Utilities

  • Sewer: Private Sewer
  • Gas: None
  • Electric: At Street
  • Water Source: Public

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station
  • Senior Community YN: No

Lot Info

  • Parcel Number: 1901879
  • Zoning: NB
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.22
  • Lot Size Sq Ft: 9583
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 3729

Multi Family

  • Waterview: Ocean, Walk to

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Magnolia, MA

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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
$855,000 None Available
Armstrong Enterprises Llc $441,000 None Available
Hyte Justin A $495,000 None Available
Keohane Melissa $855,000 None Available
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Previous Owner -- $228,000
Previous Owner Armstrong Enterprises Llc $250,000
Previous Owner -- $450,000
Previous Owner Hyte Justin A $470,250
Previous Owner Beauport Shores Llc $1,884,750
Previous Owner Dimercurio Rt $560,000
Previous Owner Harvey Gloria M $94,000
Previous Owner Harvey Gloria M $55,000
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
01/30/2019 01/30/19 Sold $575,000 +4.7% $114 / Sq Ft
08/08/2018 08/08/18 Pending -- -- --
07/15/2018 07/15/18 For Sale $549,000 -- $108 / Sq Ft
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
2023 $3,556 $2,010,300 $324,400 $1,685,900
2022 $3,556 $429,200 $282,200 $147,000
2021 $3,556 $276,700 $256,500 $20,200
2020 $3,571 $280,300 $256,500 $23,800
2019 $3,668 $279,800 $256,500 $23,300
2018 $3,729 $279,100 $256,500 $22,600
2017 $3,627 $266,100 $244,300 $21,800
2016 $3,839 $264,200 $243,900 $20,300
2015 -- $520,500 $243,900 $276,600
Source: Public Records

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72362467

MLS Property Information Network (MLS PIN)

APN: GLOU M:0168 B:0014 L:0000

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