NOT LISTED FOR SALE

54 Lexington Ave Unit 21 Gloucester, MA 01930

Magnolia Neighborhood

Estimated Value: $436,000 - $525,000

2 Beds
1 Bath
742 Sq Ft
$436/mo HOA Fee

Last Sold July 31, 2018

Last sale price $332,000 $447 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $3,377/month

6 Days on Market

Highlights

  • Ocean View
  • Wood Flooring
  • 5-minute walk to Gray Beach

About This Home

As of July 2018

Gorgeous ocean views from every room of this sweet updated 2 bedroom condo complete with a lovely private covered deck facing straight out to the sparkling sea! Enjoy the sights and sounds of the Atlantic Ocean and drink in the sea breezes all day long! This is the perfect summer getaway or year round home located in pretty Magnolia Village with restaurants, shops and Magnolia beach just a short stroll down the street. Living is easy with a condo fee that covers everything except your electric and cable, you don't need to worry about a thing! Just lock the door and go have fun! The master bedroom is a large ocean facing corner room with lots of windows to enjoy those wonderful water views. Shining hardwood floors through out and a pretty tiled bath make for easy maintenance as well. But of course the most delightful place to be is right out on your own private deck overlooking the Atlantic Ocean! This unit can be sold fully furnished . FIRST OPEN HOUSE SUNDAY JUNE 3rd at 2PM

Last Agent to Sell the Property

Kelly Blagden

Churchill Properties Listed on: 05/30/2018

Last Buyer's Agent

Shelley Sloboder

Coldwell Banker Realty - Marblehead

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,164

Year Built

  • Built in 1920

Lot Details

  • 10,019

HOA Fees

  • $436 per month

Kitchen

  • Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Utilities

  • Hot Water Baseboard Heater
  • Heating System Uses Oil
  • Oil Water Heater
  • Private Sewer

Additional Features

  • Ocean Views
  • Year Round Access
  • Basement

Community Details

  • Call for details about the types of pets allowed

Listing and Financial Details

  • Assessor Parcel Number M:0167 B:0017 L:0021

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,164

Year Built

Built in 1920

Lot Details

0

HOA Fees

$436 per month

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Garden
  • Other Agent: 1.00
  • Restrictions: Rentals
  • Year Built Description: Renovated Since
  • List Price Per Sq Ft: 460.92
  • Comp Based On: Gross/Full Sale Price
  • Year Built: 1920
  • Lead Paint: Unknown
  • Year Round: Yes
  • Unit Building: 21
  • Unit Level: 2
  • Unit Placement: End, Corner
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1920

Interior Features

  • Flooring: Wood, Tile
  • Appliances: Range, Dishwasher, Refrigerator
  • No Bedrooms: 2
  • Master Bedroom: On Level: First Floor, Ceiling Fan(s), Flooring - Hardwood, Window(s) - Picture
  • Bedroom 2: On Level: First Floor, Ceiling Fan(s), Flooring - Hardwood
  • Full Bathrooms: 1
  • Bathroom 1: On Level: First Floor, Bathroom - Full, Bathroom - Tiled With Tub, Closet, Flooring - Stone/Ceramic Tile
  • No Rooms: 4
  • Kitchen: On Level: First Floor, Flooring - Hardwood, Balcony / Deck, Countertops - Stone/Granite/Solid, Exterior Access, Recessed Lighting
  • Living Room: On Level: First Floor, Flooring - Hardwood, Balcony / Deck, Exterior Access, Recessed Lighting, Slider
  • Basement: Y
  • No Living Levels: 1
  • Main Lo: K95001
  • Main So: K95001
  • Estimated Sq Ft: 742.00

Exterior Features

  • Beachfront Flag: Yes
  • Beach Miles To: 1/10 to 3/10
  • Waterview Features: Ocean
  • Waterview Flag: Yes
  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl, Composite
  • Exterior Unit Features: Covered Patio/Deck, Storage Shed

Garage/Parking

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

Utilities

  • Sewer: Private Sewerage
  • Water: City/Town Water
  • Electric Features: Circuit Breakers
  • Heating: Hot Water Baseboard, Oil
  • Hot Water: Oil

Condo/Co-op/Association

  • Fee Interval: Monthly
  • HOA Fees: 436.00
  • Association Fee Includes: Heat, Hot Water, Water, Sewer, Master Insurance, Laundry Facilities, Exterior Maintenance, Road Maintenance, Landscaping, Snow Removal, Reserve Funds
  • Condo Association: Yes
  • Management: Owner Association

Association/Amenities

  • Condominium Name: Ocean Breeze

Lot Info

  • Assessments: 317500.00
  • Acre: 0.23
  • Lot Size: 10000.00
  • Page: 458
  • Parcel Number: M:0167 B:0017 L:0021
  • Zoning: R-20

Green Features

  • Energy Features: Insulated Windows

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Taxes: 4105.00
  • Assessor Parcel Number: 4617244

Multi Family

  • No Units: 11
  • No Units Owner Occ: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2018
Closed on
Jul 31, 2018
Sold by
54 Lexington Avenue Rt
Bought by
Sloboder Shelley
Seller's Agent
Kelly Blagden
Churchill Properties
Buyer's Agent
Shelley Sloboder
Coldwell Banker Realty - Marblehead
List Price
$342,000
Sold Price
$332,000
Premium/Discount to List
-$10,000
-2.92%
Current Estimated Value
$479,688

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,688
Avg. Annual Appreciation
5.31%
Original Mortgage
$82,000
Outstanding Balance
$71,515
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$408,173

Purchase Details

Closed on
Oct 11, 2017
Bought by
54 Lexington Avenue Rt

Purchase Details

Listed on
Apr 5, 2017
Closed on
Jun 1, 2017
Sold by
Affronti Mary E
Seller's Agent
Mark Vadala
Vadala Real Estate
Buyer's Agent
Kelly Blagden
Churchill Properties
List Price
$299,900
Sold Price
$311,000
Premium/Discount to List
$11,100
3.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.37%
Original Mortgage
$248,800
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 9, 2005
Sold by
J&G Rt and Hayes George E
Bought by
Affronti Mary E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
5.63%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Sloboder Shelley $332,000 --
54 Lexington Avenue Rt -- --
-- $311,000 --
Affronti Mary E $315,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sloboder Shelley $82,000
Previous Owner Mcnamee Augustine M $248,800
Previous Owner Affronti Mary E $154,530
Previous Owner Affronti Mary E $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2018 07/31/18 Sold $332,000 -2.9% $447 / Sq Ft
06/05/2018 06/05/18 Pending -- -- --
05/30/2018 05/30/18 For Sale $342,000 +10.0% $461 / Sq Ft
06/01/2017 06/01/17 Sold $311,000 +3.7% $419 / Sq Ft
04/09/2017 04/09/17 Pending -- -- --
04/05/2017 04/05/17 For Sale $299,900 -- $404 / 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 $4,164 $428,000 $0 $428,000
2024 $4,164 $428,000 $0 $428,000
2023 $4,029 $380,500 $0 $380,500
2022 $4,036 $344,100 $0 $344,100
2021 $4,022 $323,300 $0 $323,300
2020 $3,895 $315,900 $0 $315,900
2019 $3,901 $307,400 $0 $307,400
2018 $4,105 $317,500 $0 $317,500
2017 $3,543 $268,600 $0 $268,600
2016 $3,359 $246,800 $0 $246,800
2015 $3,294 $241,300 $0 $241,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72337293

MLS Property Information Network (MLS PIN)

APN: GLOU-000167-000017-000021