NOT LISTED FOR SALE

385 Magnolia Ave Gloucester, MA 01930

West Gloucester Neighborhood

Estimated Value: $693,361 - $713,000

3 Beds
2 Baths
1,702 Sq Ft
$412/Sq Ft Est. Value

Last Sold June 26, 2014

Last sale price $325,000 $191 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $4,129/month

19 Days on Market

About This Home

As of June 2014

Old charm with modern convenience. Views of Little River from this 3bed/1.5 bath West Gloucester Colonial. Kitchen just fully renovated. Both baths updated. Lots of character remains with fireplaces, tall ceilings, built-in features and more. Convenient access to commuter rail and highway. New West Parish Elementary School being built nearby. Public landing right across the street. Neighborhood Business (NB) zoning means lots of options. Motivated seller.

Last Agent to Sell the Property

Greg Verga

Churchill Properties Listed on: 04/21/2014

Last Buyer's Agent

Greg Verga

Churchill Properties Listed on: 04/21/2014

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,520

Year Built

1816

Lot Details

0

Listing Details

  • Lot Description: Paved Drive, Scenic View(s)
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1816

Interior Features

  • Has Basement: Yes
  • Fireplaces: 3
  • Number of Rooms: 6
  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Bike Path, Conservation Area, Highway Access, House of Worship, Public School, T-Station
  • Electric: Circuit Breakers, 100 Amps
  • Flooring: Wood, Laminate, Hardwood
  • Insulation: Mixed
  • Basement: Partial, Sump Pump, Concrete Floor
  • Bedroom 2: Second Floor, 9X16
  • Bedroom 3: Second Floor, 9X12
  • Bathroom #1: First Floor, 4X5
  • Bathroom #2: Second Floor, 7X9
  • Kitchen: First Floor, 13X14
  • Living Room: First Floor, 13X17
  • Master Bedroom: Second Floor, 12X13
  • Master Bedroom Description: Fireplace, Flooring - Wood
  • Dining Room: First Floor, 11X11

Exterior Features

  • Construction: Frame
  • Exterior: Shingles
  • Exterior Features: Patio
  • Foundation: Granite

Garage/Parking

  • Parking: Off-Street, Tandem, Improved Driveway, Paved Driveway
  • Parking Spaces: 4

Utilities

  • Hot Water: Oil
  • Utility Connections: for Electric Range, for Electric Dryer, Washer Hookup

Condo/Co-op/Association

  • HOA: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 28, 2020
Sold by
Holmgren Jennifer and Holmgren Terry
Bought by
Holmgren Jennifer A and Holmgren Terry C
Current Estimated Value
$701,090

Purchase Details

Listed on
Apr 21, 2014
Closed on
Jun 30, 2014
Sold by
Counts Christopher N
Bought by
Holmgren Terry
Seller's Agent
Greg Verga
Churchill Properties
Buyer's Agent
Greg Verga
Churchill Properties
List Price
$330,000
Sold Price
$325,000
Premium/Discount to List
-$5,000
-1.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.01%
Original Mortgage
$150,000
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 25, 2013
Closed on
Nov 8, 2013
Sold by
Leavens Robert T
Bought by
Counts Christopher N
Seller's Agent
Sari Rochford
Lux Realty North Shore
Buyer's Agent
Sarah Myles-Lennox
MerryFox Realty
List Price
$299,000
Sold Price
$272,000
Premium/Discount to List
-$27,000
-9.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.65%
Original Mortgage
$249,084
Interest Rate
4.36%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 28, 1996
Sold by
Munroe Dorothy E
Bought by
Leavens Robert and Leavens Pamela
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
Holmgren Jennifer A -- None Available
Holmgren Terry $325,000 --
Counts Christopher N $272,000 --
Leavens Robert $111,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Holmgren Terry $150,000
Previous Owner Counts Christopher N $249,084
Previous Owner Leavens Robert $220,000
Previous Owner Leavens Robert $220,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/26/2014 06/26/14 Sold $325,000 -1.5% $191 / Sq Ft
05/10/2014 05/10/14 Pending -- -- --
04/21/2014 04/21/14 For Sale $330,000 +21.3% $194 / Sq Ft
11/08/2013 11/08/13 Sold $272,000 0.0% $160 / Sq Ft View Prior Sale
10/17/2013 10/17/13 Pending -- -- --
09/27/2013 09/27/13 Off Market $272,000 -- --
09/18/2013 09/18/13 Price Changed $289,000 -3.3% $170 / Sq Ft
07/25/2013 07/25/13 For Sale $299,000 -- $176 / 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 $5,520 $567,900 $158,800 $409,100
2024 $5,452 $560,300 $151,200 $409,100
2023 $5,220 $492,900 $135,000 $357,900
2022 $5,060 $431,400 $117,400 $314,000
2021 $4,889 $393,000 $106,800 $286,200
2020 $4,822 $391,100 $106,800 $284,300
2019 $4,584 $361,200 $106,800 $254,400
2018 $4,396 $340,000 $106,800 $233,200
2017 $4,262 $323,100 $101,700 $221,400
2016 $4,144 $304,500 $106,100 $198,400
2015 $3,475 $254,600 $106,100 $148,500
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2014

    Greg Verga

    Churchill Properties

    Section Image

  • S

    Seller's Agent in 2013

    Sari Rochford

    Lux Realty North Shore

  • S

    Buyer's Agent in 2013

    Sarah Myles-Lennox

    MerryFox Realty

    (857) 523-9733

    36 Total Sales

    Sarah Myles-Lennox
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71663524

MLS Property Information Network (MLS PIN)

APN: GLOU-000220-000125

Massachusetts Essex County Gloucester 01930 West Gloucester

385 Magnolia Ave, Gloucester, MA

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