NOT LISTED FOR SALE

Estimated Value: $926,000 - $1,215,605

4 Beds
2 Baths
1,767 Sq Ft
$639/Sq Ft Est. Value

Last Sold May 27, 2022

Last sale price $1,200,000 $679 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $7,158/month

4 Days on Market

Highlights

  • Public Water Access
  • Deck
  • 1 Fireplace
  • Waterfront
  • Wood Flooring
  • 1-minute walk to Gray Beach

About This Home

As of May 2022

STAND ALONE...Charming waterfront Magnolia Village home. Magnolia is described by some as"The gem of Gloucester" One of three separate dwellings.(condos).In addition to spectacular waterviews and sunsets this home offers charm, character, and has been very well cared for buy this owner for 30 years..Beautiful wood floors throughout. The beach, shopping, restaurants, library, and town dock are within a block for your enjoyment and use. Nearby visit Hammond Castle, Rafe's Chasm and Ravenswood Park..There is no condo fee There is a shared cost of Master Insurance and septic maintenance. There is potential for a first floor bedroom suite...Walk up attic. NO love letters. Furnace 2007, Roof 2010, Generator 2016-17, 2 sides shingled 2019.... Min 24 hours for offer response that includes approval or proof of funds. 6' ROW at back lot line.Buyer/Buyer agent to do own due diligence.

Last Agent to Sell the Property

Ida Doane

J. Barrett & Company Listed on: 03/23/2022

Last Buyer's Agent

Ida Doane

J. Barrett & Company Listed on: 03/23/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,407

Year Built

  • Built in 1837

Lot Details

  • Waterfront
  • Stone Wall
  • Garden

Home Design

  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,767 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Insulated Windows
  • Mud Room
  • Entrance Foyer
  • Wood Flooring
  • Storm Doors

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • 2 Full Bathrooms

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Parking

  • 2 Car Parking Spaces
  • Off-Street Parking
  • Deeded Parking

Outdoor Features

  • Public Water Access
  • Deck
  • Patio

Utilities

  • No Cooling
  • Heating System Uses Propane
  • Baseboard Heating
  • Power Generator
  • Natural Gas Connected
  • Propane Water Heater
  • Private Sewer

Community Details

  • No Home Owners Association
  • The Shore Road Condominium Community

Listing and Financial Details

  • Assessor Parcel Number 1901898

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,407

Year Built

Built in 1837

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Detached
  • Year Built: 1837
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Entry Level: 1
  • Transaction Broker: 2
  • Transaction Broker Type: %
  • Year Built Details: Approximate,Renovated Since
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Gross/Full Sale Price
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Wood
  • Interior Amenities: Mud Room, Foyer
  • Door Features: Storm Door(s)
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Range,Dishwasher,Refrigerator,Washer,Dryer, Propane Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Dryer
  • Total Bedrooms: 4
  • Room Bedroom2 Level: Second
  • Room Bedroom3 Level: Second
  • Room Bedroom4 Level: Second
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Room Master Bedroom Level: Second
  • Master Bathroom Features: No
  • Bathroom 1 Level: First
  • Bathroom 2 Level: Second
  • Room Dining Room Level: First
  • Room Family Room Level: First
  • Room Kitchen Level: First
  • Laundry Features: Second Floor, In Unit, Washer Hookup
  • Room Living Room Level: First
  • Living Area: 1767
  • Stories Total: 2
  • Window Features: Insulated Windows
  • MAIN LO: C95243
  • LIST PRICE PER Sq Ft: 679.12
  • PRICE PER Sq Ft: 679.12
  • MAIN SO: C95243

Exterior Features

  • Exterior Features: Garden, Stone Wall
  • Construction Materials: Frame
  • Home Warranty YN: No
  • Patio And Porch Features: Deck - Roof, Patio
  • Roof: Shingle
  • Waterfront Features: Waterfront, Beach Front, Ocean, Public, Ocean, 0 to 1/10 Mile To Beach
  • Waterfront YN: Yes

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street, Deeded
  • Total Parking Spaces: 2

Utilities

  • Sewer: Private Sewer
  • Utilities: for Gas Range, for Electric Dryer, Washer Hookup
  • Cooling: None
  • Heating: Baseboard, Propane
  • Cooling Y N: No
  • Electric: Generator, Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public, Individual Meter

Condo/Co-op/Association

  • Association YN: No
  • Senior Community YN: No
  • UNIT BUILDING: 2
  • MANAGEMENT: No Management

Lot Info

  • Parcel Number: 1901898
  • Zoning: 0
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Property Attached YN: No
  • PAGE: 104
  • OUTDOOR SPACE AVAILABLE: Yes - Private

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 9407.46
  • Tax Book Number: 11988

Multi Family

  • Number Of Units Total: 3
  • Basement Included Sq Ft: No
  • NO UNITS OWNER OCC: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 6, 1993
Sold by
Edmonds Rt and Edmonds William
Bought by
Markell Myron and Markell Barbara
Total Days on Market
4
Current Estimated Value
$1,129,901

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.46%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Markell Myron $275,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Markell Myron $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2022 05/27/22 Sold $1,200,000 0.0% $679 / Sq Ft
03/28/2022 03/28/22 Pending -- -- --
03/23/2022 03/23/22 For Sale $1,200,000 -- $679 / 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 $10,154 $1,043,600 $0 $1,043,600
2024 $10,154 $1,043,600 $0 $1,043,600
2023 $9,849 $930,000 $0 $930,000
2022 $9,407 $802,000 $0 $802,000
2021 $9,379 $753,900 $0 $753,900
2020 $9,296 $753,900 $0 $753,900
2019 $8,855 $697,800 $0 $697,800
2018 $8,349 $645,700 $0 $645,700
2017 $7,884 $597,700 $0 $597,700
2016 $7,484 $549,900 $0 $549,900
2015 $7,342 $537,900 $0 $537,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72956253

MLS Property Information Network (MLS PIN)

APN: GLOU-000168-000033-000002