NOT LISTED FOR SALE

54 Lexington Ave Unit 23 Gloucester, MA 01930

Magnolia Neighborhood

Estimated Value: $305,000 - $344,976

1 Bed
1 Bath
338 Sq Ft
$952/Sq Ft Est. Value

Last Sold June 01, 2022

Last sale price $275,000 $814 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,166/month

4 Days on Market

Highlights

  • Waterfront
  • Wood Flooring
  • Solid Surface Countertops
  • Open Floorplan
  • Main Floor Primary Bedroom
  • 5-minute walk to Gray Beach

About This Home

As of June 2022

Whether you seek your very own peaceful oceanside retreat, or an investment with a strong rental history, this furnished one bedroom home is your place. A true ocean view one bedroom home, on the quiet side of Ocean Breeze Condos, located Steps from Magnolia Village with its restaurants, cafes and shops, awaits you. Direct ocean views from your deck and bedroom, hardwood floors throughout. Offering is a furnished, pet friendly piece of paradise. Come to our Open House, if only to see this exquisite view and beautiful condo home.

Last Agent to Sell the Property

Deborah Schwarz

Cameron Real Estate Group License #454008020 Listed on: 04/21/2022

Cameron Real Estate Group

Last Buyer's Agent

Cervone Deegan Team

Coldwell Banker Realty - Boston

Coldwell Banker Realty - Boston

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,504

Year Built

  • Built in 1920

Lot Details

  • Waterfront
  • Near Conservation Area
  • Property is zoned R-20

HOA Fees

  • $211 Monthly HOA Fees

Interior Spaces

  • 338 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Wood Flooring
  • Exterior Basement Entry

Kitchen

  • Range
  • Microwave
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom
  • Bathtub Includes Tile Surround

Parking

  • 1 Car Parking Space
  • Off-Street Parking
  • Deeded Parking
  • Assigned Parking

Outdoor Features

  • Balcony
  • Enclosed Patio or Porch

Utilities

  • No Cooling
  • Central Heating
  • Baseboard Heating
  • Hot Water Heating System
  • Private Sewer

Listing and Financial Details

  • Legal Lot and Block 23 / 17
  • Assessor Parcel Number M:0167 B:0017 L:0023,4625526

Community Details

Overview

  • Association fees include heat, water, sewer, insurance, maintenance structure, ground maintenance, snow removal, trash, reserve funds
  • Ocean Breeze Condominiums Community

Amenities

  • Shops
  • Laundry Facilities

Recreation

  • Tennis Courts
  • Park
  • Jogging Path

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,504

Year Built

Built in 1920

Lot Details

0

HOA Fees

$211 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Detached
  • Year Built: 1920
  • Buyer Agency: 2.25
  • Buyer Agency Type: %
  • Entry Level: 2
  • Transaction Broker: 2.25
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 3

Interior Features

  • Entry Location: Unit Placement(Upper,Back)
  • Fireplace YN: No
  • Appliances: Range,Microwave,Refrigerator
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Features: Bathroom - Full, Closet, Flooring - Hardwood
  • Room Master Bedroom Level: First
  • Bathroom 1 Features: Bathroom - Full, Bathroom - Tiled With Tub
  • Bathroom 1 Level: First
  • Room Kitchen Level: First
  • Room Kitchen Features: Countertops - Stone/Granite/Solid
  • Room Living Room Level: First
  • Room Living Room Features: Flooring - Hardwood, Balcony / Deck, Exterior Access, Open Floorplan
  • Living Area: 338
  • Stories Total: 3
  • MAIN LO: AN4281
  • LIST PRICE PER Sq Ft: 766.27
  • PRICE PER Sq Ft: 813.61
  • MAIN SO: AN6181

Exterior Features

  • Common Walls: 2+ Common Walls
  • Patio And Porch Features: Enclosed, Covered
  • Waterfront Features: Beach Front, Ocean, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: Yes

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street, Assigned, Deeded
  • Total Parking Spaces: 1

Utilities

  • Sewer: Private Sewer
  • Cooling: None
  • Heating: Central, Baseboard
  • Cooling Y N: No
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Hot Water, Laundry
  • Association Fee: 211
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Shopping, Tennis Court(s), Park, Walk/Jog Trails, Conservation Area, Highway Access
  • UNIT BUILDING: 23
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Reserve Funds

Lot Info

  • Parcel Number: M:0167 B:0017 L:0023,4625526
  • Zoning: R-20
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Property Attached YN: No
  • PAGE: 107
  • OUTDOOR SPACE AVAILABLE: Yes - Private

Rental Info

  • Pets Allowed: Breed Restrictions

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 2504
  • Tax Block: 17
  • Tax Book Number: 35988
  • Tax Lot: 23
  • Tax Map Number: 167

Multi Family

  • Number Of Units Total: 11
  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2022
Closed on
May 13, 2022
Sold by
Clark Brian E and Clark Elizabeth W
Bought by
Schafer Dale E and Clark Elizabeth W
Seller's Agent
Deborah Schwarz
Cameron Real Estate Group
Buyer's Agent
Cervone Deegan Team
Coldwell Banker Realty - Boston
List Price
$259,000
Sold Price
$275,000
Premium/Discount to List
$16,000
6.18%
Current Estimated Value
$321,744

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,744
Avg. Annual Appreciation
4.64%

Purchase Details

Listed on
Mar 8, 2017
Closed on
Jun 30, 2017
Sold by
Boyle Kathleen M and Boyle Michael
Bought by
Clark Brian E and Clark Elizabeth W
Seller's Agent
Mark Vadala
Vadala Real Estate
Buyer's Agent
Sullivan Team
RE/MAX Beacon
List Price
$219,900
Sold Price
$215,000
Premium/Discount to List
-$4,900
-2.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.13%
Original Mortgage
$193,500
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 9, 2011
Sold by
Boyle Kathleen M
Bought by
Boyle Kathleen M and Boyle Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,300
Interest Rate
4.76%

Purchase Details

Closed on
Apr 25, 2008
Sold by
Boyle Kathleen M and Smith William C
Bought by
Boyle Kathleen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 13, 2006
Sold by
J&G Rt and Hayes George E
Bought by
Boyle Kathleen M and Smith William C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage
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
Schafer Dale E $275,000 None Available
Clark Brian E $215,000 --
Boyle Kathleen M -- --
Boyle Kathleen M -- --
Boyle Kathleen M $152,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Clark Brian E $193,500
Previous Owner Boyle Kathleen M $114,300
Previous Owner Boyle Kathleen M $112,000
Previous Owner Boyle Kathleen M $24,600
Previous Owner Boyle Kathleen M $97,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2022 06/01/22 Sold $275,000 +6.2% $814 / Sq Ft
04/26/2022 04/26/22 Pending -- -- --
04/21/2022 04/21/22 For Sale $259,000 0.0% $766 / Sq Ft
08/16/2020 08/16/20 Rented $1,350 0.0% --
08/13/2020 08/13/20 For Rent $1,350 0.0% --
06/30/2017 06/30/17 Sold $215,000 0.0% $636 / Sq Ft
05/22/2017 05/22/17 Pending -- -- --
04/05/2017 04/05/17 Price Changed $215,000 -2.2% $636 / Sq Ft
03/08/2017 03/08/17 For Sale $219,900 -- $651 / 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 $2,579 $265,100 $0 $265,100
2024 $2,579 $265,100 $0 $265,100
2023 $2,498 $235,900 $0 $235,900
2022 $2,504 $213,500 $0 $213,500
2021 $2,497 $200,700 $0 $200,700
2020 $2,201 $178,500 $0 $178,500
2019 $2,206 $173,800 $0 $173,800
2018 $2,008 $155,300 $0 $155,300
2017 $1,680 $127,400 $0 $127,400
2016 $1,595 $117,200 $0 $117,200
2015 $1,566 $114,700 $0 $114,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72969662

MLS Property Information Network (MLS PIN)

APN: GLOU-000167-000017-000023