$300,000
SOLD JUN 20, 2023
1 Bed
1 Bath
435 Sq Ft
$250/mo HOA Fee

Recently Sold

$690 Per Sq Ft

8% Above List Price

4 Days on Market

Highlights

  • Waterfront
  • Deck
  • Balcony
  • Open Floorplan
  • Solid Surface Countertops
  • 1-minute walk to Gray Beach

About This Home

As of June 2023

SPECTACULAR OCEAN-VIEW, south-facing, sun-filled, open floor plan, updated, one-bedroom condo in beautiful Magnolia. Make it your home, or your weekend/summer retreat. Updates include: Quartz counters, stainless steel appliances, tiled walk-in shower, vanity, chair-height/split-flush toilet, ceramic wood plank tile throughout, entire unit painted, hot water heater, and more. Building recently had efficient glass fronts and doors installed. Gaze upon Gray Beach, the ocean, and Magnolia Pier from your bedroom, or while sipping margaritas or coffee on your private deck. Gray Beach and Magnolia's famous Shore Road are around the corner. Lexington Avenue is a block away with restaurants, hair dressers, a pub, a post office, and more. Magnolia Park is across the street. Deeded parking and storage locker. OPEN HOUSE: Saturday, April 29th, 12:00 - 2:00pm. Sunday, April 30th, 1:00 - 3:00pm. Offers Due Monday, May 1st by 5:00pm.

Last Agent to Sell the Property

Pierre Rumpf

PCR Realty Listed on: 04/26/2023

Last Buyer's Agent

Pierre Rumpf

PCR Realty Listed on: 04/26/2023

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,430

Year Built

  • Built in 1970 | Remodeled

Lot Details

  • Waterfront
  • Near Conservation Area

HOA Fees

  • $250 Monthly HOA Fees

Home Design

  • Entry on the 3rd floor
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 435 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Insulated Windows
  • Sliding Doors
  • Dining Area
  • Ceramic Tile Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 1 Bedroom
  • Primary bedroom located on third floor
  • 1 Full Bathroom
  • Separate Shower

Basement

  • Exterior Basement Entry
  • Laundry in Basement

Parking

  • 1 Car Parking Space
  • Off-Street Parking
  • Deeded Parking

Outdoor Features

  • Walking Distance to Water
  • Balcony
  • Deck

Schools

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

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • 1 Cooling Zone
  • 3 Heating Zones
  • Heating Available
  • 100 Amp Service
  • Electric Water Heater
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 4638625

Community Details

Overview

  • Association fees include water, sewer, insurance, maintenance structure, ground maintenance, snow removal
  • 8 Units
  • Mid-Rise Condominium
  • 4 Raymond Street Condominium Community

Amenities

  • Laundry Facilities

Recreation

  • Park

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,430

Year Built

Built in 1970 | Remodeled

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Mid-Rise
  • Year Built: 1970
  • Buyer Agency: 2
  • Entry Level: 3
  • Transaction Broker: 1
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Entry Location: Unit Placement(Upper)
  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Microwave,Refrigerator, Electric Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Oven
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Features: Flooring - Stone/Ceramic Tile
  • Room Master Bedroom Level: Third
  • Bathroom 1 Features: Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Remodeled
  • Bathroom 1 Level: Third
  • Room Kitchen Level: Third
  • Room Kitchen Features: Flooring - Stone/Ceramic Tile, Dining Area, Countertops - Stone/Granite/Solid
  • Laundry Features: In Basement, Common Area, In Building
  • Room Living Room Level: Third
  • Room Living Room Features: Flooring - Stone/Ceramic Tile, Balcony / Deck, Exterior Access, Open Floorplan, Slider
  • Basement: Y
  • Living Area: 435
  • Spa YN: No
  • Stories Total: 1
  • Window Features: Insulated Windows
  • MAIN LO: C24300
  • LIST PRICE PER Sq Ft: 641.38
  • PRICE PER Sq Ft: 689.66
  • MAIN SO: C24300

Exterior Features

  • Construction Materials: Brick
  • Home Warranty YN: No
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Waterfront Features: Beach Front, Ocean, Walk to, 0 to 1/10 Mile To Beach, Beach Ownership(Private,Public,Association)
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street, Deeded
  • Total Parking Spaces: 1

Utilities

  • Sewer: Private Sewer
  • Utilities: for Electric Range, for Electric Oven
  • Cooling: Wall Unit(s)
  • Heating: Electric
  • Cooling Y N: Yes
  • Electric: 100 Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 3
  • COOLING ZONES: 1

Condo/Co-op/Association

  • Association Fee: 250
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Park, Conservation Area, House of Worship
  • Senior Community YN: No
  • UNIT BUILDING: 7
  • MANAGEMENT: Owner Association
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal

Lot Info

  • Parcel Number: 4638625
  • Zoning: NB
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Property Attached YN: Yes
  • PAGE: 614
  • OUTDOOR SPACE AVAILABLE: Yes - Private
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2430.41
  • Tax Book Number: 33167

Multi Family

  • Number Of Units Total: 8
  • Basement Included Sq Ft: No
  • NO UNITS OWNER OCC: 6

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2023
Closed on
Jun 15, 2023
Sold by
Rumpf Pierre C
Bought by
Li Liang and Zhang Xiaoqin S
Seller's Agent
Pierre Rumpf
PCR Realty
Buyer's Agent
Pierre Rumpf
PCR Realty
List Price
$279,000
Sold Price
$300,000
Premium/Discount to List
$21,000
7.53%
Views
116
Current Estimated Value
$317,103

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,103
Avg. Annual Appreciation
1.30%

Purchase Details

Closed on
Apr 16, 2019
Sold by
Arcuni Susan T
Bought by
Rumpf Pierre C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 1, 2018
Closed on
Jul 19, 2018
Sold by
Canales Diane M and Canales Richard F
Bought by
Arcuni Susan T
Seller's Agent
Pierre Rumpf
PCR Realty
Buyer's Agent
Pierre Rumpf
PCR Realty
List Price
$219,900
Sold Price
$219,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.84%

Purchase Details

Listed on
Oct 29, 2013
Closed on
Mar 18, 2014
Sold by
Shepard Sarah
Bought by
Canales Diane M and Chanales Richard F
Seller's Agent
Amanda Armstrong
Compass
Buyer's Agent
Pierre Rumpf
PCR Realty
List Price
$149,000
Sold Price
$140,000
Premium/Discount to List
-$9,000
-6.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.96%
Original Mortgage
$112,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 7, 2007
Sold by
Rossi Levardi M
Bought by
Shepard Sarah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,000
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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 Type Sale Price Title Company
Condominium Deed $300,000 None Available
Condominium Deed $195,000 --
Deed $219,900 --
Deed $140,000 --
Deed $135,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $156,000 New Conventional
Previous Owner $112,000 New Conventional
Previous Owner $122,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2023 06/20/23 Sold $300,000 +7.5% $690 / Sq Ft
05/01/2023 05/01/23 Pending -- -- --
04/26/2023 04/26/23 For Sale $279,000 +26.9% $641 / Sq Ft
07/19/2018 07/19/18 Sold $219,900 0.0% $506 / Sq Ft
07/05/2018 07/05/18 Pending -- -- --
06/01/2018 06/01/18 For Sale $219,900 +57.1% $506 / Sq Ft
03/18/2014 03/18/14 Sold $140,000 -6.0% $322 / Sq Ft
02/24/2014 02/24/14 Pending -- -- --
10/29/2013 10/29/13 For Sale $149,000 -- $343 / 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 $2,420 $248,700 $0 $248,700
2024 $2,420 $248,700 $0 $248,700
2023 $2,430 $229,500 $0 $229,500
2022 $2,436 $207,700 $0 $207,700
2021 $2,430 $195,300 $0 $195,300
2020 $2,116 $171,600 $0 $171,600
2019 $2,109 $166,200 $0 $166,200
2018 $1,990 $153,900 $0 $153,900
2017 $1,837 $139,300 $0 $139,300
2016 $1,745 $128,200 $0 $128,200
2015 $1,541 $112,900 $0 $112,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73103104

MLS Property Information Network (MLS PIN)

APN: GLOU-000168-000022-000007