$317,000
SOLD JUL 26, 2024

54 Lexington Ave Unit 32 Gloucester, MA 01930

Magnolia Neighborhood
-- Bed
1 Bath
400 Sq Ft
$272/mo HOA Fee

Recently Sold

$792 Per Sq Ft

1% Below List Price

3 Days on Market

Highlights

  • Ocean View
  • Landscaped Professionally
  • Wood Flooring
  • No Units Above
  • Property is near public transit
  • 5-minute walk to Gray Beach

About This Home

As of July 2024

"ATELIER MAGNOLIA" Perched on the top floor, Circa 1920's, originally a portion of the Grande Dame Oceanside Hotel, in the picturesque village of Magnolia. You will be entranced by a feeling of calm and nature when you step into this rare and unique setting. Walkout onto your covered deck to take in the view of the sea crashing on the rocks and smell the salt air. Consider this enchanting studio for your "nest", or a place to offer house guests when a few too many have arrived. They won't be disappointed. A short stroll to the Magnolia Pier, Gray beach, restaurants, and library, and to the bold ocean and Shore Road for your afternoon walk. Renovated with fresh paint, bathroom upgrades and fabric accordion blinds for sunny days. Heat and hot water included in the condo fee. Ground level private storage shed and laundry on-site.

Last Agent to Sell the Property

Jeffrey Lyon

W. H. Lyon, Inc. REALTORS®

Last Buyer's Agent

Heather Reardon

Gibson Sotheby's International Realty

Gibson Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,335

Year Built

  • Built in 1920

Lot Details

  • Near Conservation Area
  • No Units Above
  • Landscaped Professionally

HOA Fees

  • $272 Monthly HOA Fees

Home Design

  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 400 Sq Ft Home
  • 1-Story Property
  • Recessed Lighting
  • Ocean Views

Kitchen

  • Range
  • Solid Surface Countertops

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Full Bathroom
  • Bathtub with Shower

Parking

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

Outdoor Features

  • Walking Distance to Water
  • Balcony
  • Covered Deck
  • Covered patio or porch
  • Outdoor Storage

Location

  • Property is near public transit
  • Property is near schools

Schools

  • West Parish Elementary School
  • O'maley Middle School
  • GHS High School

Utilities

  • No Cooling
  • 1 Heating Zone
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • 60 Amp Service
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number M:0167 B:0017 L:0032,4569340

Community Details

Overview

  • Association fees include heat, water, sewer, insurance, maintenance structure, ground maintenance, snow removal, trash, reserve funds
  • 11 Units
  • Mid-Rise Condominium
  • Ocean Breeze Condominium Community

Amenities

  • Shops
  • Laundry Facilities
  • Community Storage Space

Recreation

  • Park
  • Jogging Path

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,335

Year Built

Built in 1920

Lot Details

0

HOA Fees

$272 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Mid-Rise
  • Year Built: 1920
  • Buyer Agency: 2.5
  • Entry Level: 3
  • Transaction Broker: 1.5
  • Year Built Details: Actual,Renovated Since
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Wood, Tile
  • Fireplace YN: No
  • Appliances: Range, Refrigerator
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Features: Closet, Flooring - Hardwood, Balcony / Deck, Balcony - Exterior, Recessed Lighting
  • Room Master Bedroom Level: First
  • Bathroom 1 Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile
  • Bathroom 1 Level: First
  • Room Kitchen Level: First
  • Room Kitchen Features: Flooring - Hardwood, Countertops - Stone/Granite/Solid, Recessed Lighting
  • Laundry Features: In Building
  • Basement: N
  • Accessibility Features: No
  • Living Area: 400
  • Spa YN: No
  • Stories Total: 1
  • MAIN LO: BB9897
  • LIST PRICE PER Sq Ft: 797.5
  • PRICE PER Sq Ft: 792.5
  • MAIN SO: BB5918

Exterior Features

  • Exterior Features: Porch, Covered Patio/Deck, Storage, Professional Landscaping
  • Common Walls: No One Above, Corner
  • Construction Materials: Frame
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Covered
  • Roof: Shingle
  • Waterfront Features: Beach Front, Harbor, Ocean, Walk to, 1/10 to 3/10 To Beach, Beach Ownership(Public)
  • Waterfront YN: No
  • Waterview Flag: Yes

Garage/Parking

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

Utilities

  • Sewer: Private Sewer
  • Utilities: for Electric Range
  • Cooling: None
  • Heating: Baseboard, Oil
  • Cooling Y N: No
  • Electric: Circuit Breakers, 60 Amps/Less
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 1

Condo/Co-op/Association

  • Association Amenities: Hot Water, Laundry, Storage
  • Association Fee: 272
  • Association Fee Frequency: Monthly
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Conservation Area, Public School
  • Senior Community YN: No
  • UNIT BUILDING: 32
  • MANAGEMENT: Owner Association
  • 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:0032,4569340
  • Zoning: R-20
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.23
  • Lot Size Area: 0.23
  • Lot Size Sq Ft: 10000
  • Lot Size Units: Acres
  • Property Attached YN: Yes
  • PAGE: 80
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 2335
  • Tax Book Number: 40978

Multi Family

  • Number Of Units Total: 11
  • Basement Included Sq Ft: No
  • NO UNITS OWNER OCC: 9
  • Waterview: Ocean

MLS Schools

  • High School: Ghs
  • Elementary School: West Parish
  • Middle Or Junior School: O'maley

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2024 07/26/24 Sold $317,000 -0.6% $793 / Sq Ft
06/11/2024 06/11/24 Pending -- -- --
06/07/2024 06/07/24 For Sale $319,000 +17.7% $798 / Sq Ft
06/03/2022 06/03/22 Sold $271,000 +15.8% $678 / Sq Ft
04/26/2022 04/26/22 Pending -- -- --
04/20/2022 04/20/22 For Sale $234,000 +2.2% $585 / Sq Ft
07/13/2021 07/13/21 Sold $229,000 0.0% $573 / Sq Ft
06/27/2021 06/27/21 Pending -- -- --
06/22/2021 06/22/21 Price Changed $229,000 -8.0% $573 / Sq Ft
05/19/2021 05/19/21 Price Changed $249,000 -10.8% $623 / Sq Ft
05/06/2021 05/06/21 For Sale $279,000 +152.5% $698 / Sq Ft
10/24/2013 10/24/13 Sold $110,500 0.0% $276 / Sq Ft
10/02/2013 10/02/13 Pending -- -- --
09/30/2013 09/30/13 Off Market $110,500 -- --
09/18/2013 09/18/13 Price Changed $119,900 -14.3% $300 / Sq Ft
08/30/2013 08/30/13 For Sale $139,900 -- $350 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $2,335 $240,000 $0 $240,000
2024 $2,335 $240,000 $0 $240,000
2023 $2,262 $213,600 $0 $213,600
2022 $2,269 $193,400 $0 $193,400
2021 $2,263 $181,900 $0 $181,900
2020 $2,243 $181,900 $0 $181,900
2019 $2,247 $177,100 $0 $177,100
2018 $2,121 $164,000 $0 $164,000
2017 $1,773 $134,400 $0 $134,400
2016 $1,684 $123,700 $0 $123,700
2015 $1,652 $121,000 $0 $121,000
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $237,750 Purchase Money Mortgage
Closed $237,750 Purchase Money Mortgage
Previous Owner $139,600 Purchase Money Mortgage
Previous Owner $34,900 No Value Available
Source: Public Records

Deed History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Condominium Deed $229,000 None Available
Condominium Deed $229,000 None Available
Deed -- --
Not Resolvable $62,500 --
Deed -- --
Not Resolvable $110,500 --
Foreclosure Deed $81,600 --
Foreclosure Deed $81,600 --
Deed $174,500 --
Deed $174,500 --
Source: Public Records

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Source: MLS Property Information Network (MLS PIN)

MLS Number: 73249113

MLS Property Information Network (MLS PIN)

APN: GLOU-000167-000017-000032