NOT LISTED FOR SALE

54 Lexington Ave Unit 11 Gloucester, MA 01930

Magnolia Neighborhood

Estimated Value: $405,000 - $503,000

1 Bed
1 Bath
753 Sq Ft
10,019 Sq Ft Lot

Last Sold June 12, 2017

Last sale price $312,000 $414 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $2,808/month

6 Days on Market

About This Home

As of June 2017

Welcome to the vibrant seaside village of Magnolia! This luminous, south facing, first floor, 1+ bedroom unit offers high ceilings, custom built-ins, and lovely hardwood floors. The smartly updated, sunfilled galley kitchen offers granite counters and stainless steel appliances and is the perfect laboratory for all your culinary pursuits. Atrium sliders open to a private use, 302 sf covered porch with complimentary ocean breezes and sounds of the crashing surf. The well run Condo Association is pet-friendly and non-smoking. There is assigned parking for one vehicle as well as abundant street parking. Stroll to a sandy ocean beach or to the lively village with great restaurants, smart shops, library, post office and more! This is a wonderful year round residence or a perfect vacation get away.

Last Agent to Sell the Property

Kristal Pooler

Churchill Properties Listed on: 05/02/2017

Last Buyer's Agent

Diane Polley

Churchill Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,015

Year Built

  • 1920

Lot Details

  • 10,019

Utilities

  • Private Sewer

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,015

Year Built

1920

Lot Details

0

Listing Details

  • Unit Level: 1
  • Unit Placement: Street, End, Corner
  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Mid-Rise
  • Other Agent: 2.50
  • Lead Paint: Unknown
  • Year Round: Yes
  • Year Built Description: Approximate, Renovated Since
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1920

Interior Features

  • Has Basement: No
  • Number of Rooms: 4
  • Amenities: Public Transportation, Shopping, Walk/Jog Trails, Conservation Area, House of Worship
  • Electric: Circuit Breakers
  • Energy: Insulated Windows, Insulated Doors
  • Flooring: Hardwood
  • Interior Amenities: Cable Available
  • Bathroom #1: First Floor
  • Kitchen: First Floor
  • Living Room: First Floor
  • Master Bedroom: First Floor
  • Master Bedroom Description: Ceiling Fan(s), Flooring - Hardwood
  • Family Room: First Floor
  • No Bedrooms: 1
  • Full Bathrooms: 1
  • No Living Levels: 1
  • Main Lo: C95243
  • Main So: AN2636

Exterior Features

  • Construction: Frame
  • Exterior: Clapboard, Shingles
  • Exterior Unit Features: Deck - Wood, Screens, Gutters
  • Beach Ownership: Public
  • Waterview Flag: Yes

Garage/Parking

  • Parking: Off-Street, Assigned, Deeded, Paved Driveway
  • Parking Spaces: 1

Utilities

  • Hot Water: Oil, Tank
  • Utility Connections: for Electric Range, for Electric Oven
  • Sewer: Private Sewerage
  • Water: City/Town Water

Condo/Co-op/Association

  • Condominium Name: OCEAN BREEZE CONDOMINIUM
  • Association Fee Includes: Heat, Water, Sewer, Master Insurance, Laundry Facilities, Exterior Maintenance, Landscaping, Snow Removal, Refuse Removal, Reserve Funds
  • Management: Owner Association
  • Pets Allowed: Yes w/ Restrictions
  • No Units: 11
  • Unit Building: 11

Fee Information

  • Fee Interval: Monthly

Lot Info

  • Zoning: R 20
  • Lot: 11
  • Acre: 0.23
  • Lot Size: 10000.00

Multi Family

  • Waterview: Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2017
Closed on
Jun 12, 2017
Sold by
Egan Richard O and Oyanedel Luis A
Bought by
Sloane Isabel A
Seller's Agent
Kristal Pooler
Churchill Properties
Buyer's Agent
Diane Polley
Churchill Properties
List Price
$300,000
Sold Price
$312,000
Premium/Discount to List
$12,000
4%
Current Estimated Value
$454,771

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,771
Avg. Annual Appreciation
4.95%
Original Mortgage
$160,000
Outstanding Balance
$134,094
Interest Rate
4.3%
Mortgage Type
Credit Line Revolving
Estimated Equity
$330,302

Purchase Details

Listed on
Aug 24, 2011
Closed on
Mar 2, 2012
Sold by
Gary L Macpherson Rt
Bought by
Egan Richard O and Oyanedel Luis A
Seller's Agent
Lillian Lograsso
J. Barrett & Company
Buyer's Agent
Catherine Albiani
Better Homes and Gardens Real Estate - The Shanahan Group
List Price
$199,900
Sold Price
$195,000
Premium/Discount to List
-$4,900
-2.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.31%
Source: Public Records

Range of Values:

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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
Sloane Isabel A $312,000 --
Egan Richard O $195,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oyanedel-Egan Richard $160,000
Previous Owner Gary L Macpherson Rt $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2017 06/12/17 Sold $312,000 +4.0% $414 / Sq Ft
05/08/2017 05/08/17 Pending -- -- --
05/02/2017 05/02/17 For Sale $300,000 +53.8% $398 / Sq Ft
03/02/2012 03/02/12 Sold $195,000 -2.5% $259 / Sq Ft
02/16/2012 02/16/12 Pending -- -- --
01/18/2012 01/18/12 For Sale $199,900 +2.5% $265 / Sq Ft
01/16/2012 01/16/12 Off Market $195,000 -- --
10/06/2011 10/06/11 Price Changed $199,900 -13.0% $265 / Sq Ft
08/24/2011 08/24/11 For Sale $229,900 -- $305 / 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 $4,015 $412,600 $0 $412,600
2024 $4,015 $412,600 $0 $412,600
2023 $3,884 $366,800 $0 $366,800
2022 $3,892 $331,800 $0 $331,800
2021 $3,879 $311,800 $0 $311,800
2020 $3,826 $310,300 $0 $310,300
2019 $3,831 $301,900 $0 $301,900
2018 $3,610 $279,200 $0 $279,200
2017 $3,015 $228,600 $0 $228,600
2016 $2,859 $210,100 $0 $210,100
2015 $2,804 $205,400 $0 $205,400
Source: Public Records

Agents Affiliated with this Home

  • Kristal Pooler

    Seller's Agent in 2017

    Kristal Pooler

    Churchill Properties

    18 Total Sales

    Kristal Pooler
    Section Image
  • Diane Polley

    Buyer's Agent in 2017

    Diane Polley

    Churchill Properties

    (508) 641-5535

    9 Total Sales

    Diane Polley
    Section Image
  • Lillian Lograsso

    Seller's Agent in 2012

    Lillian Lograsso

    J. Barrett & Company

    (978) 479-2250

    2 in this area

    26 Total Sales

    Lillian Lograsso
    Section Image
  • Catherine Albiani

    Buyer's Agent in 2012

    Catherine Albiani

    Better Homes and Gardens Real Estate - The Shanahan Group

    (781) 799-6252

    58 Total Sales

    Catherine Albiani
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72156493

MLS Property Information Network (MLS PIN)

APN: GLOU-000167-000017-000011

Massachusetts Essex County Gloucester 01930 Magnolia

54 Lexington Ave Unit 11, Gloucester, MA

This home is located at 54 Lexington Ave Unit 11, Gloucester, MA 01930 since 02 May 2017 and is currently estimated at $454,771, approximately $603 per square foot. This property was built in 1920. 54 Lexington Ave Unit 11 is a home located in Essex County with nearby schools including West Parish, Ralph B O'maley Middle School, and Gloucester High School.

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MLS Property Information Network (MLS PIN) The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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