NOT LISTED FOR SALE

Estimated Value: $1,052,000 - $1,358,000

5 Beds
3 Baths
2,710 Sq Ft
$468/Sq Ft Est. Value

Last Sold September 22, 2016

Last sale price $549,000 $203 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $7,564/month

8 Days on Market

Highlights

  • Ocean View
  • Wood Flooring
  • Enclosed Patio or Porch
  • Deck
  • Balcony
  • 4-minute walk to Gray Beach

About This Home

As of September 2016

Located in the heart of Magnolia village, just steps from the ocean shoreline and a sandy beach, this enchanting shingle style, gambrel colonial exudes old world charm and craftsmanship. An inviting front porch leads into a living room with beautiful wood floors, a fireplace, and flared, wood stairs. French doors lead from the living room into a comfortable sun room with over-sized windows and wood floors, perfect for relaxing and reading. The second floor has an open hallway leading to five bedrooms including the cathedral ceiling master bedroom which is accented by three skylights and a balcony overlooking the deck and lawn. There a generous-sized, private wood deck, accessed from both the kitchen and the sun room, for outdoor entertaining within sight and sound of the sea. Don't miss the opportunity to be on the Magnolia peninsula, the ocean and beach call to you from this very special property.

Last Agent to Sell the Property

Christopher Bernier

Churchill Properties Listed on: 08/05/2016

Last Buyer's Agent

Nancy Goodick

Advisors Living - Gloucester

Advisors Living - Gloucester

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,364

Year Built

  • Built in 1920

Lot Details

  • Property is zoned R20

Interior Spaces

  • French Doors
  • Ocean Views
  • Basement

Kitchen

  • Range
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile
  • Vinyl

Outdoor Features

  • Balcony
  • Deck
  • Enclosed Patio or Porch

Schools

  • Gloucester High School

Utilities

  • Central Heating
  • Hot Water Baseboard Heater
  • Heating System Uses Oil
  • Water Holding Tank
  • Oil Water Heater
  • Private Sewer
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,364

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Single Family Type: Detached
  • Style: Colonial, Shingle
  • Other Agent: 2.50
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 191.51
  • Comp Based On: Net Sale Price
  • Year Built: 1920
  • Lead Paint: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1920

Interior Features

  • Fireplaces: 2
  • Flooring: Wood, Tile, Vinyl, Wall to Wall Carpet
  • Interior Amenities: Cable Available, French Doors
  • Appliances: Range, Dishwasher, Refrigerator
  • No Bedrooms: 5
  • Master Bedroom: On Level: Second Floor, Skylight, Ceiling - Cathedral, Balcony - Exterior
  • Bedroom 2: On Level: Second Floor, Flooring - Wood
  • Bedroom 3: On Level: Second Floor, Flooring - Wood
  • Bedroom 4: On Level: Second Floor, Flooring - Wood
  • Bedroom 5: On Level: Second Floor, Flooring - Wood
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bathroom 1: On Level: First Floor, Bathroom - Half
  • Bathroom 2: On Level: Second Floor, Bathroom - 3/4, Bathroom - Tiled With Tub
  • Bathroom 3: On Level: Second Floor, Bathroom - Full, Bathroom - Tiled With Tub & Shower
  • No Rooms: 9
  • Dining Room: On Level: First Floor, Fireplace, Flooring - Hardwood
  • Kitchen: On Level: First Floor
  • Laundry: On Level: First Floor, Dryer Hookup - Electric
  • Living Room: On Level: First Floor, Fireplace, Flooring - Hardwood, French Doors
  • Basement: Y
  • Basement Features: Crawl, Unfinished Basement
  • Main Lo: AN4851
  • Main So: an6181
  • Estimated Sq Ft: 2710.00

Exterior Features

  • Beach Ownership: Private, Public, Association
  • Beachfront Flag: Yes
  • Beach Miles To: 1/10 to 3/10
  • Frontage: 165.00
  • Waterview Features: Ocean, Walk to
  • Waterview Flag: Yes
  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Shingles, Wood
  • Exterior Features: Porch, Porch - Enclosed, Deck - Wood, Balcony
  • Foundation: Poured Concrete, Concrete Block
  • Insulation Feature: Partial, Blown In, Cellulose - Fiber

Garage/Parking

  • Parking Feature: Off-Street, Improved Driveway, Unpaved Driveway
  • Parking Spaces: 4

Utilities

  • Sewer: Private Sewerage
  • Water: City/Town Water
  • Electric Features: Fuses
  • Heating: Central Heat, Hot Water Baseboard, Oil
  • Hot Water: Oil, Tank
  • Utility Connections: for Electric Range, for Electric Oven, for Electric Dryer

Schools

  • Elementary School: West Parish
  • Middle School: O'Maley
  • High School: Gloucester

Lot Info

  • Assessments: 485500.00
  • Acre: 0.21
  • Lot Size: 9009.00
  • Page: 428
  • Zoning: R20
  • Lot Description: Level

Tax Info

  • Taxes: 6607.66
  • Assessor Parcel Number: 1901854
  • Tax Year: 2016

MLS Schools

  • Grade School: West Parish
  • High School: Gloucester
  • Middle School: O'Maley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2016
Closed on
Sep 22, 2016
Sold by
Doe Christopher S and Davis Kiley B
Bought by
Smith Jason C and Smith Sandra C
Seller's Agent
Christopher Bernier
Churchill Properties
Buyer's Agent
Nancy Goodick
Advisors Living - Gloucester
List Price
$519,000
Sold Price
$549,000
Premium/Discount to List
$30,000
5.78%
Current Estimated Value
$1,229,676

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$680,676
Original Mortgage
$400,000
Outstanding Balance
$325,629
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 17, 2012
Sold by
6 Oakes Avenue Rt
Bought by
Doe Christopher S and Davis Kiley B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,400
Interest Rate
3.44%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Smith Jason C $549,000 --
Doe Christopher S $415,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Jason C $400,000
Previous Owner Doe Rt $310,400
Previous Owner Doe Rt $30,000
Previous Owner Doe Rt $255,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2016 09/22/16 Sold $549,000 +5.8% $203 / Sq Ft
08/13/2016 08/13/16 Pending -- -- --
08/05/2016 08/05/16 For Sale $519,000 -- $192 / 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 $10,364 $1,065,200 $380,500 $684,700
2024 $10,364 $1,065,200 $380,500 $684,700
2023 $9,775 $923,000 $324,600 $598,400
2022 $9,463 $806,700 $282,300 $524,400
2021 $9,135 $734,300 $256,700 $477,600
2020 $9,153 $742,300 $256,700 $485,600
2019 $8,718 $687,000 $244,700 $442,300
2018 $7,426 $574,300 $238,800 $335,500
2017 $6,873 $521,100 $227,400 $293,700
2016 $6,608 $485,500 $217,500 $268,000
2015 $6,280 $460,100 $212,600 $247,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72049324

MLS Property Information Network (MLS PIN)

APN: GLOU-000167-000042