NOT LISTED FOR SALE

54 Lexington Ave Unit 31 Gloucester, MA 01930

Magnolia Neighborhood

Estimated Value: $373,000 - $497,413

2 Beds
1 Bath
709 Sq Ft
10,019 Sq Ft Lot

Last Sold August 17, 2015

Last sale price $284,400 $401 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $2,752/month

45 Days on Market

About This Home

As of August 2015

Sit back and enjoy the summer breezes & favorite beverage or entertain friends from the porch of this Immaculate ready to move into two bedroom Condo on the south side of Lexington Ave. Just minutes to restaurants and shops. Magnolia Beach approximately four tenths of a mile from property. The unit faces south with great views of Massachusetts Bay and beyond from the open porch. Open Concept living room & kitchen. Hardwood floors through out, tile bathroom, updated windows, assigned parking for two vechicles tandom. Laundromat in utility room. Ravenswood Park which has 600 acres of solitude and ten miles of carriage paths for walking or jogging. Easy access to rt. 128 & MBTA train station. Known as Ocean Breezes Condominiums, Book 24618 Page 435. Sellers are willing to leave most furnishings as gifts.

Last Agent to Sell the Property

Richard Pino

RE/MAX Advantage Real Estate License #454004404 Listed on: 06/03/2015

Last Buyer's Agent

Mitchell Rosenwald

RE/MAX 360

RE/MAX 360

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,030

Year Built

1920

Lot Details

0

Listing Details

  • Unit Level: 3
  • Unit Placement: Upper
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1920

Interior Features

  • Appliances: Range, Dishwasher, Microwave, Refrigerator
  • Has Basement: No
  • Number of Rooms: 4
  • Amenities: Shopping, Medical Facility, Laundromat, Public School
  • Electric: 110 Volts, Circuit Breakers
  • Energy: Insulated Windows
  • Flooring: Tile, Hardwood
  • Interior Amenities: Cable Available
  • Bedroom 2: Third Floor, 10X12
  • Bathroom #1: Third Floor, 5X7
  • Kitchen: Third Floor
  • Living Room: Third Floor, 14X17
  • Master Bedroom: Third Floor, 13X15
  • Master Bedroom Description: Ceiling Fan(s), Closet, Flooring - Hardwood, Balcony - Exterior, Exterior Access

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Vinyl

Garage/Parking

  • Parking: Off-Street, Tandem
  • Parking Spaces: 2

Utilities

  • Cooling: None
  • Heating: Oil, Common, Unit Control
  • Hot Water: Tankless
  • Utility Connections: for Electric Range

Condo/Co-op/Association

  • Association Fee Includes: Heat, Hot Water, Master Insurance, Landscaping, Snow Removal
  • Association Pool: No
  • Management: Owner Association
  • Pets Allowed: Unknown
  • No Units: 11
  • Unit Building: 31

Schools

  • Middle School: O'maley
  • High School: Gloucester High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2015
Closed on
Aug 17, 2015
Sold by
Coneybeer Susan D
Bought by
Whalen Edward J and Whalen Corinne L
Seller's Agent
Richard Pino
RE/MAX Advantage Real Estate
Buyer's Agent
Mitchell Rosenwald
RE/MAX 360
List Price
$310,000
Sold Price
$284,400
Premium/Discount to List
-$25,600
-8.26%
Current Estimated Value
$446,853

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,453
Avg. Annual Appreciation
5.40%
Original Mortgage
$227,520
Outstanding Balance
$181,180
Interest Rate
4.08%
Mortgage Type
New Conventional
Estimated Equity
$302,064

Purchase Details

Closed on
May 28, 2013
Sold by
Drolet Susan M
Bought by
Coneybeer Susan M and Coneybeer Robert T

Purchase Details

Closed on
Dec 7, 2007
Sold by
Nigro Robert Fp
Bought by
Drolet Susan Mickley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 16, 2005
Sold by
J&G Rt and Hayes George E
Bought by
Nigro Robert F P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,200
Interest Rate
5.84%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Whalen Edward J $284,400 --
Coneybeer Susan M -- --
Drolet Susan Mickley $328,900 --
Nigro Robert F P $324,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Whalen Edward J $227,520
Previous Owner Nigro Robert F P $248,000
Previous Owner Nigro Robert F P $259,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2015 08/17/15 Sold $284,400 0.0% $401 / Sq Ft
07/18/2015 07/18/15 Pending -- -- --
07/10/2015 07/10/15 Off Market $284,400 -- --
06/03/2015 06/03/15 For Sale $310,000 -- $437 / 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 $4,030 $414,200 $0 $414,200
2024 $4,030 $414,200 $0 $414,200
2023 $3,899 $368,200 $0 $368,200
2022 $3,907 $333,100 $0 $333,100
2021 $3,894 $313,000 $0 $313,000
2020 $4,212 $341,600 $0 $341,600
2019 $4,218 $332,400 $0 $332,400
2018 $3,973 $307,300 $0 $307,300
2017 $3,610 $273,700 $0 $273,700
2016 $3,422 $251,400 $0 $251,400
2015 -- $245,900 $0 $245,900
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71851867

MLS Property Information Network (MLS PIN)

APN: GLOU-000167-000017-000031