NOT LISTED FOR SALE

44 Lexington Ave Unit 31 Gloucester, MA 01930

Magnolia Neighborhood

Estimated Value: $378,870 - $462,000

2 Beds
1 Bath
845 Sq Ft
1966 Built

Last Sold July 22, 2020

Last sale price $269,000 $318 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $2,454/month

14 Days on Market

Highlights

  • Ocean View
  • Wall to Wall Carpet
  • 4-minute walk to Gray Beach
  • Intercom

About This Home

As of July 2020

VACANT, CLEANED, EASY TO SHOW Cozy coastal living in this updated, 3d floor corner unit condo with an open floor plan and abundant natural light. Steps to the beach, yoga studio or gym in the heart of Magnolia Village. Unwind with a sunset and a breeze on your west facing covered terrace. Neutral finishes with updated kitchen and bath. 2 good size bedrooms with ample closet space. Easy living with conveniences that include in building coin operated laundry, storage, elevator. HOA includes trash removal, landscaping, snow removal, master insurance HEAT & HOT WATER. One deeded parking space and on street parking. NO PETS ALLOWED Fabulous serene location yet close to Manchester by the Sea town center or downtown Gloucester. The good life awaits you on beautiful Cape Ann!

Last Agent to Sell the Property

Camille Murphy

Redfin Corp. Listed on: 05/08/2020

Redfin Corp.

Last Buyer's Agent

Fred Newton

Sovereign Realty Advisors, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,110

Year Built

  • Built in 1966

Kitchen

  • Range with Range Hood
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Laminate

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Hot Water Baseboard Heater
  • Heating System Uses Propane
  • Propane Water Heater
  • Private Sewer
  • Cable TV Available

Additional Features

  • Ocean Views
  • Year Round Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,110

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Garden, Mid-Rise
  • Handicap Access: Yes
  • Restrictions: Rentals, Smoking - In Units
  • Year Built Description: Actual
  • List Price Per Sq Ft: 318.34
  • Comp Based On: Gross/Full Sale Price
  • Year Built: 1966
  • Lead Paint: Unknown
  • Year Round: Yes
  • Unit Building: 31
  • Unit Level: 31
  • Unit Placement: Upper, Corner
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1966

Interior Features

  • Flooring: Wall to Wall Carpet, Laminate
  • Interior Amenities: Cable Available, Intercom, Elevator
  • Appliances: Range, Dishwasher, Refrigerator, Vent Hood
  • No Bedrooms: 2
  • Master Bedroom: On Level: First Floor
  • Bedroom 2: On Level: First Floor
  • Full Bathrooms: 1
  • Bathroom 1: On Level: First Floor
  • No Rooms: 4
  • Dining Room: On Level: First Floor
  • Kitchen: On Level: First Floor
  • Laundry: On Level: Basement
  • Living Room: On Level: First Floor
  • Other Room 1: Name: Entry Hall
  • No Living Levels: 1
  • Main Lo: K95001
  • Main So: NB4772
  • Estimated Sq Ft: 845.00

Exterior Features

  • Beachfront Flag: Yes
  • Waterview Features: Ocean, Walk to
  • Waterview Flag: Yes
  • Construction: Brick
  • Roof Material: Rubber
  • Exterior: Brick
  • Insulation Feature: Unknown
  • Exterior Unit Features: Covered Patio/Deck

Garage/Parking

  • Parking Feature: Off-Street, Deeded
  • Parking Spaces: 1

Utilities

  • Sewer: Private Sewerage
  • Water: City/Town Water
  • Electric Features: 220 Volts
  • Cooling: Wall AC
  • Cooling Zones: 1
  • Heating: Hot Water Baseboard, Propane
  • Heat Zones: 1
  • Hot Water: Propane Gas
  • Utility Connections: for Electric Range, for Electric Oven, Icemaker Connection

Condo/Co-op/Association

  • Fee Interval: Monthly
  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, House of Worship, Public School
  • HOA Fees: 484.80
  • Association Fee Includes: Heat, Hot Water, Water, Sewer, Master Insurance, Security, Laundry Facilities, Elevator, Exterior Maintenance, Landscaping, Snow Removal, Extra Storage, Refuse Removal, Management Fee
  • Condo Association: Yes
  • Association Security: Intercom
  • Management: Professional - Off Site

Association/Amenities

  • Condominium Name: Harbor View

Lot Info

  • Assessments: 216300.00
  • Lot: 0031
  • Page: 475
  • Zoning: R3

Tax Info

  • Taxes: 2744.85
  • Assessor Parcel Number: 1901987

Multi Family

  • No Units: 40

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 28, 2020
Sold by
Newton Joyce L
Bought by
Newton Elise J and Newton Frederick J
Current Estimated Value
$405,968

Purchase Details

Listed on
May 8, 2020
Closed on
Jul 20, 2020
Sold by
Dunne Ft
Bought by
Newton Joyce L
Seller's Agent
Camille Murphy
Redfin Corp.
Buyer's Agent
Fred Newton
Sovereign Realty Advisors, LLC
List Price
$269,000
Sold Price
$269,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.35%
Original Mortgage
$215,200
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 9, 2017
Closed on
Aug 18, 2017
Sold by
Vallis Ft
Bought by
Dunne Ft
Seller's Agent
Robert Cuddyer
Coldwell Banker Realty - Manchester
Buyer's Agent
Robert Cuddyer
Coldwell Banker Realty - Manchester
List Price
$239,000
Sold Price
$232,000
Premium/Discount to List
-$7,000
-2.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.18%

Purchase Details

Listed on
Sep 10, 2015
Closed on
Oct 2, 2015
Sold by
Murphy John G and Murphy Mildred E
Bought by
Vallis Ft
Seller's Agent
Robert Cuddyer
Coldwell Banker Realty - Manchester
Buyer's Agent
Margo O'Malley
EXIT Realty Beatrice Associates
List Price
$210,000
Sold Price
$200,000
Premium/Discount to List
-$10,000
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.21%

Purchase Details

Closed on
Jul 2, 1997
Sold by
Est Obrien Frances and Murphy Mildred E
Bought by
Murphy Mildred E and Murphy John G
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 Buyer Sale Price Title Company
Newton Elise J -- None Available
Newton Joyce L $269,000 None Available
Dunne Ft $232,000 --
Vallis Ft $200,000 --
Murphy Mildred E $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Newton Joyce L $215,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2020 07/22/20 Sold $269,000 0.0% $318 / Sq Ft
05/22/2020 05/22/20 Pending -- -- --
05/08/2020 05/08/20 For Sale $269,000 +15.9% $318 / Sq Ft
08/18/2017 08/18/17 Sold $232,000 -2.9% $275 / Sq Ft
06/22/2017 06/22/17 Pending -- -- --
06/09/2017 06/09/17 For Sale $239,000 +19.5% $283 / Sq Ft
10/02/2015 10/02/15 Sold $200,000 0.0% $237 / Sq Ft
09/13/2015 09/13/15 Off Market $200,000 -- --
09/13/2015 09/13/15 Pending -- -- --
09/10/2015 09/10/15 For Sale $210,000 -- $249 / 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 $3,110 $319,600 $0 $319,600
2024 $3,110 $319,600 $0 $319,600
2023 $2,979 $281,300 $0 $281,300
2022 $2,985 $254,500 $0 $254,500
2021 $3,047 $244,900 $0 $244,900
2020 $3,020 $244,900 $0 $244,900
2019 $2,745 $216,300 $0 $216,300
2018 $2,399 $185,500 $0 $185,500
2017 $2,263 $171,600 $0 $171,600
2016 $2,148 $157,800 $0 $157,800
2015 $2,131 $156,100 $0 $156,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72653314

MLS Property Information Network (MLS PIN)

APN: GLOU-000169-000004-000031