NOT LISTED FOR SALE

44 Lexington Ave Unit 48 Gloucester, MA 01930

Magnolia Neighborhood

Estimated Value: $308,000 - $345,000

1 Bed
1 Bath
644 Sq Ft
1966 Built

Last Sold May 28, 2015

Last sale price $158,500 $246 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $2,008/month

44 Days on Market

About This Home

As of May 2015

Move in ready! This wonderful 1 bedroom unit is impeccable. There are great ocean views from the 20 foot long balcony. The open concept living-dining room is large and airy with sliders to the balcony to take in the sunsets and the views. This building is professionally managed with an elevator to all floors and an immaculate laundry room on the lower level. The condo fee includes heat and water. There is one deeded parking space with available guest spaces. No pets are allowed in the complex. Look to the left and you'll see the ocean and walk to the right and you'll find Magnolia Beach. The fabulous new restaurant Cafe 525 is steps away and becoming the neighborhood gathering spot. Perfect for year round living or a summer get away this well cared for condo is definitely worth visiting. The first Open House is Sunday, March 29th, from 11-1.

Last Agent to Sell the Property

Paula Murphy

Coldwell Banker Realty - Manchester Listed on: 03/25/2015

Coldwell Banker Realty - Manchester

Last Buyer's Agent

George Kauss

Coldwell Banker Realty - Gloucester License #454003690

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 3, 2023
Sold by
Malek Ft and Malek-Strumpf
Bought by
Malek-Strumpf Irena and Strumpf Steven
Current Estimated Value
$322,685

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Outstanding Balance
$114,566
Interest Rate
6.81%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jun 1, 2001
Sold by
Davekos Peter A and Davekos Emily R
Bought by
Shevenell Paula A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,000
Interest Rate
7.09%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Malek-Strumpf Irena -- None Available
Malek-Strumpf Irena -- None Available
Shevenell Paula A $89,000 --
Shevenell Paula A $89,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Malek-Strumpf Irena $116,000
Closed Malek-Strumpf Irena $116,000
Previous Owner Shevenell Paula A $39,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2015 05/28/15 Sold $158,500 0.0% $246 / Sq Ft
05/08/2015 05/08/15 Pending -- -- --
04/07/2015 04/07/15 Off Market $158,500 -- --
03/25/2015 03/25/15 For Sale $159,000 -- $247 / 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 $2,518 $258,800 $0 $258,800
2024 $2,518 $258,800 $0 $258,800
2023 $2,413 $227,900 $0 $227,900
2022 $2,420 $206,300 $0 $206,300
2021 $2,500 $201,000 $0 $201,000
2020 $2,478 $201,000 $0 $201,000
2019 $2,254 $177,600 $0 $177,600
2018 $2,065 $159,700 $0 $159,700
2017 $1,949 $147,800 $0 $147,800
2016 $1,806 $132,700 $0 $132,700
2015 -- $131,400 $0 $131,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71806505

MLS Property Information Network (MLS PIN)

APN: GLOU-000169-000004-000048