Pete Castrichini
Barry Realty Group
(978) 416-5699
25 Total Sales
1 in Magnolia
$450,000 Price
8 Flume Rd Gloucester, MA 01930
Magnolia Neighborhood
12
Beds
15
Baths
7,838
Sq Ft
0.34
Acre Lot
About This Home
As of January 2017OFFERS DUE TUESDAY NOVEMBER 1ST @ 5PM. Attractive investment opportunity in Magnolia Village in Gloucester. Fifteen total apartments in brick building comprised of twelve one bedroom and 3 studio apartments. Most apartments have been recently updated or renovated! Improved parking lot with more than 15 spaces and recent landscaping and common area improvements. All apartments are currently leased to happy tenants!
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Property Details
Home Type
- Multi-Family
Year Built
- 1970
Lot Details
- 0.34
Utilities
- Private Sewer
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 16, 2020
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,800,000
Outstanding Balance
$1,564,771
Interest Rate
2.8%
Mortgage Type
Commercial
Purchase Details
Listed on
Oct 13, 2016
Closed on
Jan 12, 2017
Sold by
Bought by
Seller's Agent
William Senne
Senne
Buyer's Agent
Deborah Douglass
RE/MAX Partners
List Price
$1,799,900
Sold Price
$1,802,500
Premium/Discount to List
$2,600
0.14%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,351,875
Interest Rate
4.08%
Mortgage Type
Commercial
Purchase Details
Closed on
Oct 31, 2014
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,750,000
Interest Rate
4.21%
Mortgage Type
Commercial
Purchase Details
Closed on
Jan 31, 2007
Sold by
Bought by
Purchase Details
Closed on
Oct 27, 1988
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Magnolia, MA
-
Pete Castrichini
-
Katelyn Ciaramitaro
Katelyn Ciaramitaro
Responds QuicklyEngel & Volkers By the Sea
(978) 969-9322
27 Total Sales
1 in Magnolia
$342,500 Price
-
Claudette Forbes
Claudette Forbes
LAER Realty Partners
(978) 459-1434
25 Total Sales
1 in Magnolia
$410,000 Price
-
Deborah Evans
Deborah Evans
J. Barrett & Company
(351) 215-0813
112 Total Sales
1 in Magnolia
$1,200,000 Price
-
Kelly Blagden
Kelly Blagden
Churchill Properties
(351) 207-3384
16 Total Sales
2 in Magnolia
$313K - $1.2M Price Range
-
Alison Aiello
Alison Aiello
Responds QuicklyNorth Shore's Gold Coast Realty
(978) 990-7810
21 Total Sales
3 in Magnolia
$229K - $850K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $2,250,000 | None Available | ||
| $1,802,500 | -- | ||
| $1,500,000 | -- | ||
| $1,460,000 | -- | ||
| $895,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $1,800,000 | ||
| Previous Owner | $1,351,875 | ||
| Previous Owner | $2,750,000 | ||
| Previous Owner | $5,285,000 | ||
| Previous Owner | $1,150,000 | ||
| Previous Owner | $425,000 | ||
| Previous Owner | $450,000 | ||
| Previous Owner | $430,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/12/2017 01/12/17 | Sold | $1,802,500 | +0.1% | $230 / Sq Ft |
| 11/05/2016 11/05/16 | Pending | -- | -- | -- |
| 10/13/2016 10/13/16 | For Sale | $1,799,900 | -- | $230 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $21,309 | $2,192,300 | $695,600 | $1,496,700 |
| 2024 | $23,914 | $2,457,800 | $661,500 | $1,796,300 |
| 2023 | $24,694 | $2,331,800 | $590,600 | $1,741,200 |
| 2022 | $22,624 | $1,928,700 | $511,900 | $1,416,800 |
| 2021 | $22,159 | $1,781,300 | $464,600 | $1,316,700 |
| 2020 | $20,610 | $1,671,500 | $438,100 | $1,233,400 |
| 2019 | $18,604 | $1,466,000 | $438,100 | $1,027,900 |
| 2018 | $17,810 | $1,377,400 | $418,300 | $959,100 |
| 2017 | $17,723 | $1,343,700 | $398,500 | $945,200 |
| 2016 | $15,996 | $1,175,300 | $378,000 | $797,300 |
| 2015 | -- | $1,155,900 | $378,000 | $777,900 |
Source: Public Records
Agents Affiliated with this Home
-
William Senne
Seller's Agent in 2017
William Senne
Senne
(617) 775-4655
113 Total Sales
-
Deborah Douglass
Buyer's Agent in 2017
Deborah Douglass
The Carroll Team
(978) 569-6028
10 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72080869
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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