NOT LISTED FOR SALE

5 Ocean Ave Gloucester, MA 01930

Magnolia Neighborhood

Estimated Value: $809,452 - $909,000

4 Beds
4 Baths
1,936 Sq Ft
$442/Sq Ft Est. Value

Last Sold April 27, 2012

Last sale price $287,500 $149 Per Sq Ft

Est. 198% increase in value since last sale

Current estimated payment $5,015/month

116 Days on Market

About This Home

As of April 2012

excellent Magnolia village location. Great living space. nice yard. What an opportunity to live in Magnolia and have rental income. Ample parking. property is sold 'as' is' buyer; buyer's/broker to perform due diligence.

Last Agent to Sell the Property

Don Dunsky

Don Dunsky Real Estate Listed on: 12/03/2011

Last Buyer's Agent

Kimberly Arntsen

J. Barrett & Company

Property Details

Home Type

Multi-Family

Year Built

1958

Lot Details

0

Listing Details

  • Lot Description: Paved Drive, Cleared, Gentle Slope
  • Other Agent: 2.50
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1958

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 12
  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Conservation Area, Private School, Public School
  • Electric: Circuit Breakers, 200 Amps
  • Energy: Storm Windows
  • Flooring: Wood, Concrete
  • Basement: Full, Partially Finished, Walk Out, Interior Access, Garage Access, Sump Pump, Concrete Floor

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Frontage: 80.00
  • Construction: Frame
  • Exterior: Shingles, Wood
  • Exterior Features: Porch, Deck
  • Foundation: Poured Concrete

Garage/Parking

  • Garage Spaces: 1
  • Parking: Off-Street, Improved Driveway
  • Parking Spaces: 3

Utilities

  • Heat Zones: 9
  • Hot Water: Electric, Tank
  • Utility Connections: for Electric Range, for Electric Oven, for Electric Dryer

Lot Info

  • Assessor Parcel Number: M:0169 B:0033 L:0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2011
Closed on
Apr 27, 2012
Sold by
Richardson Bryan H and Rash Marilyn E
Bought by
Aquipel Paul
Seller's Agent
Don Dunsky
Don Dunsky Real Estate
Buyer's Agent
Kimberly Arntsen
J. Barrett & Company
List Price
$299,000
Sold Price
$287,500
Premium/Discount to List
-$11,500
-3.85%
Current Estimated Value
$856,363

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$568,863
Avg. Annual Appreciation
8.28%
Original Mortgage
$280,211
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 3, 1989
Sold by
Thompson Geo L
Bought by
Richardson Bryan
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Aquipel Paul $287,500 --
Richardson Bryan $195,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Richardson Bryan $277,500
Closed Richardson Bryan $280,211
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/27/2012 04/27/12 Sold $287,500 -3.8% $149 / Sq Ft
03/28/2012 03/28/12 Pending -- -- --
12/03/2011 12/03/11 For Sale $299,000 -- $154 / 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 $6,449 $663,500 $254,500 $409,000
2024 $6,337 $651,300 $242,300 $409,000
2023 $6,684 $631,200 $216,400 $414,800
2022 $6,206 $529,100 $184,000 $345,100
2021 $5,999 $482,200 $167,200 $315,000
2020 $5,724 $464,200 $167,200 $297,000
2019 $5,407 $426,100 $167,200 $258,900
2018 $4,626 $357,800 $167,200 $190,600
2017 $4,440 $336,600 $159,300 $177,300
2016 $4,347 $319,400 $159,700 $159,700
2015 $4,292 $314,400 $159,700 $154,700
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2012

    Don Dunsky

    Don Dunsky Real Estate

    (978) 281-0770

    3 in this area

    11 Total Sales

    Don Dunsky
    Section Image

  • K

    Buyer's Agent in 2012

    Kimberly Arntsen

    J. Barrett & Company

See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71316473

MLS Property Information Network (MLS PIN)

APN: GLOU-000169-000033

Massachusetts Essex County Gloucester 01930 Magnolia

5 Ocean Ave, Gloucester, MA

Not Listed for Sale

MultiFamily

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