NOT LISTED FOR SALE

Estimated Value: $605,000 - $693,000

3 Beds
1 Bath
1,134 Sq Ft
$560/Sq Ft Est. Value

Last Sold July 11, 2023

Last sale price $589,000 $519 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,960/month

3 Days on Market

Highlights

  • Marina
  • Deck
  • Wooded Lot
  • Medical Services
  • Property is near public transit
  • 4-minute walk to Rafes Chasm Park

About This Home

As of July 2023

Gloucester’s beautiful seaside neighborhood of Magnolia beckons you. Enjoy the open layout of this inviting three bedroom ranch located off Hesperus Ave., less than 1 mile to the beach. Hardwood floors throughout most of the house, updated tiled bath with double sinks and vanity. Catch up with your guests while putting the finishing touches on dinner or take your beverage outside to the deck. It’s the ideal backyard for a fire pit so you can count the stars on those clear summer nights. Partially finished basement offers laundry room and solutions for a home office, exercise room or bonus family room. Garage storage. Walking Shore Road, jumping off the pier, sticking your toes in the sand…you'll soon know why no one wants to leave Magnolia.

Last Listed By

McDermott Group

Gibson Sotheby's International Realty Listed on: 06/08/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,254

Year Built

  • Built in 1965

Lot Details

  • 0.26 Acre Lot
  • Property fronts a private road
  • Near Conservation Area
  • Level Lot
  • Cleared Lot
  • Wooded Lot
  • Property is zoned R-20

Parking

  • 1 Car Attached Garage
  • Tuck Under Parking
  • Garage Door Opener
  • Open Parking
  • Off-Street Parking

Home Design

  • Ranch Style House
  • Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,134 Sq Ft Home
  • Decorative Lighting
  • Light Fixtures
  • Window Screens
  • Living Room with Fireplace
  • Home Office

Kitchen

  • Range with Range Hood
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom
  • Double Vanity
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Garage Access
  • Block Basement Construction
  • Laundry in Basement

Outdoor Features

  • Deck
  • Rain Gutters

Location

  • Property is near public transit
  • Property is near schools

Schools

  • West Parish Elementary School
  • O'maley Middle School
  • Gloucester High School

Utilities

  • Window Unit Cooling System
  • 5 Heating Zones
  • Electric Baseboard Heater
  • Electric Water Heater
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number M:0189 B:0011 L:0000,1902999

Community Details

Overview

  • No Home Owners Association
  • Magnolia Subdivision

Amenities

  • Medical Services
  • Shops

Recreation

  • Marina
  • Tennis Courts
  • Park
  • Jogging Path

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,254

Year Built

Built in 1965

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 1965
  • Buyer Agency: 2
  • Subdivision Name: Magnolia
  • Transaction Broker: 2
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Flooring: Tile, Carpet, Hardwood, Flooring - Laminate
  • Interior Amenities: Home Office
  • Fireplace Features: Living Room
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Range,Dishwasher,Refrigerator,Washer,Dryer,Range Hood, Electric Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Dryer
  • Total Bedrooms: 3
  • Room Bedroom2 Level: First
  • Room Bedroom2 Features: Flooring - Hardwood
  • Room Bedroom3 Features: Flooring - Wall to Wall Carpet
  • Room Bedroom3 Level: First
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Features: Flooring - Hardwood
  • Room Master Bedroom Level: First
  • Bathroom 1 Features: Bathroom - Double Vanity/Sink, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Lighting - Overhead
  • Bathroom 1 Level: First
  • Room Dining Room Features: Flooring - Stone/Ceramic Tile, Deck - Exterior, Exterior Access, Lighting - Pendant
  • Room Dining Room Level: Main,First
  • Room Kitchen Level: Main,First
  • Room Kitchen Features: Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Kitchen Island, Lighting - Overhead
  • Laundry Features: Electric Dryer Hookup, In Basement, Washer Hookup
  • Room Living Room Level: Main,First
  • Room Living Room Features: Flooring - Hardwood, Lighting - Overhead
  • Room Office Level: Basement
  • Room Office Features: Flooring - Laminate
  • Basement: Full, Partially Finished, Interior Entry, Garage Access, Concrete
  • Living Area: 1134
  • Spa YN: No
  • Window Features: Screens
  • MAIN LO: BB5918
  • LIST PRICE PER Sq Ft: 475.31
  • PRICE PER Sq Ft: 519.4
  • MAIN SO: AN1921

Exterior Features

  • Exterior Features: Rain Gutters
  • Construction Materials: Frame
  • Foundation Details: Concrete Perimeter
  • Home Warranty YN: No
  • Patio And Porch Features: Deck - Wood
  • Road Frontage Type: Private Road
  • Roof: Shingle
  • Waterfront Features: Beach Front, Ocean, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage YN: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Attached, Under, Garage Door Opener, Off Street, Paved
  • Total Parking Spaces: 2

Utilities

  • Sewer: Private Sewer
  • Utilities: for Electric Range, for Electric Dryer, Washer Hookup
  • Cooling: Window Unit(s)
  • Heating: Electric Baseboard, Electric
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 5

Condo/Co-op/Association

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

Lot Info

  • Parcel Number: M:0189 B:0011 L:0000,1902999
  • Zoning: R-20
  • Farm Land Area Units: Square Feet
  • Lot Features: Wooded, Cleared, Level
  • Lot Size Acres: 0.26
  • Lot Size Area: 0.26
  • Lot Size Sq Ft: 11280
  • Lot Size Units: Acres
  • Property Attached YN: No
  • PAGE: 578
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 5254
  • Tax Book Number: 28040

Multi Family

  • Basement Included Sq Ft: No

MLS Schools

  • High School: Gloucester Hs
  • Elementary School: West Parish
  • Middle Or Junior School: O'maley Ms

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 15, 2008
Sold by
Viola Grace A and Curcuru Providenza M
Bought by
Sherman Molly M
Total Days on Market
3
Current Estimated Value
$635,260

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,263
Interest Rate
6.58%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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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
Sherman Molly M $265,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holscher Jacob $150,000
Open Parisi Molly $287,000
Closed Sherman Molly M $254,700
Closed Sherman Molly M $261,362
Closed Sherman Molly M $261,768
Closed Sherman Molly M $260,263
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2023 07/11/23 Sold $589,000 +9.3% $519 / Sq Ft
06/12/2023 06/12/23 Pending -- -- --
06/08/2023 06/08/23 For Sale $539,000 -- $475 / 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 $5,250 $539,600 $238,700 $300,900
2024 $5,250 $539,600 $238,700 $300,900
2023 $5,254 $496,100 $213,100 $283,000
2022 $4,928 $420,100 $181,200 $238,900
2021 $4,932 $396,500 $164,700 $231,800
2020 $4,770 $386,900 $164,700 $222,200
2019 $4,646 $366,100 $164,700 $201,400
2018 $4,588 $354,800 $164,700 $190,100
2017 $4,467 $338,700 $156,900 $181,800
2016 $4,260 $313,000 $157,400 $155,600
2015 $4,208 $308,300 $157,400 $150,900
Source: Public Records

Agents Affiliated with this Home

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Source: MLS Property Information Network (MLS PIN)

MLS Number: 73122108

MLS Property Information Network (MLS PIN)

APN: GLOU-000189-000011