NOT LISTED FOR SALE

44 Lexington Ave Unit 28 Gloucester, MA 01930

Magnolia Neighborhood

Estimated Value: $257,000 - $331,000

1 Bed
1 Bath
653 Sq Ft
$415/mo HOA Fee

Last Sold May 24, 2019

Last sale price $165,000 $253 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $2,098/month

154 Days on Market

Highlights

  • City View
  • 0.73 Acre Lot
  • Elevator
  • Waterfront
  • Deck
  • 4-minute walk to Gray Beach

About This Home

As of May 2019

Magnolia - a Gloucester community rich with history, great pubs and restaurants - with its own beach and bordering the Atlantic Ocean. This condominium building is a block away from the ocean. If you want someplace where you can roll out the door to a coffee/breakfast/lunch shop, a hairdresser, a pub or a restaurant, the Magnolia Beach and just be able to hear and smell the ocean - this is the place. The MBTA station is just over three miles away so if you have a hectic job in the big city and want to come home and just veg then here it is. The condominium fee includes heat and hot water, deeded parking, and an elevator that helps with grocery bags.

Last Agent to Sell the Property

Ruth Pino

RE/MAX Beacon Listed on: 11/08/2018

RE/MAX Beacon

Last Buyer's Agent

Karen Bernier

Churchill Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,815

Year Built

  • Built in 1966

Lot Details

  • Waterfront

HOA Fees

  • $415 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Rubber Roof

Interior Spaces

  • 653 Sq Ft Home
  • 1-Story Property
  • Insulated Windows
  • City Views

Kitchen

  • Range
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • Primary bedroom located on second floor
  • 1 Full Bathroom
  • Bathtub with Shower

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
  • GHS High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Propane Water Heater
  • Private Sewer

Listing and Financial Details

  • Tax Lot 28
  • Assessor Parcel Number M:0169 B:0004 L:0028,1901980

Community Details

Overview

  • Association fees include heat, water, insurance, ground maintenance, snow removal, trash
  • 40 Units
  • Mid-Rise Condominium
  • Harborview Condominium Community

Amenities

  • Laundry Facilities
  • Elevator
  • Community Storage Space

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,815

Year Built

Built in 1966

Lot Details

0

HOA Fees

$415 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Mid-Rise
  • Year Built: 1966
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Entry Level: 2
  • Transaction Broker: 2
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Gross/Full Sale Price
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Carpet
  • Entry Location: Unit Placement(Upper)
  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Refrigerator, Propane Water Heater, Utility Connections for Electric Range
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Features: Flooring - Wall to Wall Carpet
  • Room Master Bedroom Level: Second
  • Room Master Bedroom Area: 143
  • Bathroom 1 Features: Bathroom - Full, Bathroom - With Tub & Shower
  • Bathroom 1 Level: Second
  • Room Kitchen Level: Second
  • Room Kitchen Features: Flooring - Vinyl
  • Room Kitchen Area: 49
  • Laundry Features: Common Area, In Building
  • Room Living Room Level: Second
  • Room Living Room Area: 260
  • Room Living Room Features: Flooring - Wall to Wall Carpet, Balcony / Deck
  • Living Area: 653
  • Stories Total: 1
  • Window Features: Insulated Windows
  • MAIN LO: C58300
  • LIST PRICE PER Sq Ft: 282.54
  • PRICE PER Sq Ft: 252.68
  • MAIN SO: AN4851

Exterior Features

  • Construction Materials: Frame, Brick
  • Home Warranty YN: No
  • Patio And Porch Features: Deck
  • Roof: Rubber
  • View: City
  • View YN: Yes
  • Waterfront Features: Beach Front, Harbor, Walk to, 3/10 to 1/2 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: Yes

Garage/Parking

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

Utilities

  • Sewer: Private Sewer
  • Utilities: for Electric Range
  • Cooling: Wall Unit(s)
  • Heating: Baseboard, Natural Gas
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Hot Water, Laundry, Elevator(s), Storage
  • Association Fee: 415.34
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Senior Community YN: No
  • UNIT BUILDING: 28
  • MANAGEMENT: Professional - Off Site
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Water, Insurance, Maintenance Grounds, Snow Removal, Trash

Lot Info

  • Parcel Number: M:0169 B:0004 L:0028,1901980
  • Zoning: R10
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.73
  • Lot Size Area: 0.73
  • Lot Size Sq Ft: 31798.8
  • Lot Size Units: Acres
  • Property Attached YN: Yes
  • LOT SIZE: 31934
  • PAGE: 53

Rental Info

  • Pets Allowed: No

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 1815
  • Tax Book Number: 19334
  • Tax Lot: 28
  • Tax Map Number: 169

Multi Family

  • Number Of Units Total: 40
  • NO UNITS OWNER OCC: 31

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2018
Closed on
May 17, 2019
Sold by
Knowlton Jane H Est
Bought by
Russell Barbara M
Seller's Agent
Ruth Pino
RE/MAX Beacon
Buyer's Agent
Karen Bernier
Churchill Properties
List Price
$184,500
Sold Price
$165,000
Premium/Discount to List
-$19,500
-10.57%
Current Estimated Value
$280,932

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,932
Avg. Annual Appreciation
9.22%
Original Mortgage
$107,250
Outstanding Balance
$95,461
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$191,948

Purchase Details

Closed on
Oct 1, 2002
Sold by
Findlay Michelle
Bought by
Knowlton Jane H

Purchase Details

Closed on
Apr 26, 1988
Sold by
Coltin William
Bought by
Michelle Findlay Trust
Source: Public Records

Range of Values:

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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
Russell Barbara M $165,000 --
Knowlton Jane H $150,000 --
Knowlton Jane H $150,000 --
Michelle Findlay Trust $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Russell Barbara M $107,250
Closed Russell Barbara M $107,250
Closed Michelle Findlay Trust $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2019 05/24/19 Sold $165,000 -10.6% $253 / Sq Ft
04/10/2019 04/10/19 Pending -- -- --
11/07/2018 11/07/18 For Sale $184,500 -- $283 / 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 $1,972 $202,700 $0 $202,700
2024 $1,972 $202,700 $0 $202,700
2023 $1,891 $178,600 $0 $178,600
2022 $1,897 $161,700 $0 $161,700
2021 $2,013 $161,800 $0 $161,800
2020 $1,995 $161,800 $0 $161,800
2019 $1,815 $143,000 $0 $143,000
2018 $1,663 $128,600 $0 $128,600
2017 $1,571 $119,100 $0 $119,100
2016 $1,492 $109,600 $0 $109,600
2015 $1,481 $108,500 $0 $108,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72421347

MLS Property Information Network (MLS PIN)

APN: GLOU-000169-000004-000028