NOT LISTED FOR SALE

Estimated Value: $551,000 - $630,000

3 Beds
1 Bath
1,000 Sq Ft
$583/Sq Ft Est. Value

Last Sold November 06, 2020

Last sale price $425,000 $425 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $3,549/month

7 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating System
  • 4-minute walk to Burke Playground
  • Attic

About This Home

As of November 2020

Amazing opportunity to become the new owner of this affordable ranch in Magnolia. This well maintained three bedroom, one bathroom home has been loved by one family for 60 years. Easy one level living which sits on a lovely flat parcel of land located near Burke field, Magnolia Pier and local Beaches. Gleaming hardwood floors and freshly painted walls makes this home inviting. Many updates have been performed, including siding 2015, Roof 2017, Septic system 2017, Furnace 2004, Electrical 2015, windows and a charging port for your electric car. Home has large unfinished basement which has potential to be finished for additional living space. You don't want to miss out on the best value in Magnolia. Offers due by Tuesday 9/22 at 5pm * please give 24 hours for sellers review . Please follow Covid-19 Guidelines, all parties must wear mask.

Last Agent to Sell the Property

Hope Addorisio

Lamacchia Realty, Inc. Listed on: 09/16/2020

Lamacchia Realty, Inc.

Last Buyer's Agent

Lori Bouchie

RE/MAX Beacon

RE/MAX Beacon

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,544

Year Built

  • Built in 1959

Lot Details

  • Year Round Access
  • Property is zoned R-30

Kitchen

  • Built-In Oven
  • Built-In Range

Laundry

  • Dryer
  • Washer

Schools

  • Gloucester High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil
  • Water Holding Tank
  • Sewer Inspection Required for Sale
  • Private Sewer
  • Cable TV Available

Additional Features

  • Wood Flooring
  • Rain Gutters
  • Attic
  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:0194 B:0061 L:0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,544

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Single Family Type: Detached
  • Style: Ranch
  • Other Agent: 1.00
  • Year Built Description: Actual
  • List Price Per Sq Ft: 415.00
  • Comp Based On: Gross/Full Sale Price
  • Year Built: 1959
  • Lead Paint: Unknown
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1959

Interior Features

  • Flooring: Hardwood
  • Interior Amenities: Cable Available, Walk-up Attic
  • Appliances: Wall Oven, Countertop Range, Refrigerator, Washer, Dryer
  • No Bedrooms: 3
  • Master Bedroom: On Level: First Floor, Closet - Walk-in, Flooring - Hardwood
  • Bedroom 2: On Level: First Floor, Closet, Flooring - Hardwood, Crown Molding
  • Bedroom 3: On Level: First Floor, Closet - Walk-in, Flooring - Hardwood, Crown Molding
  • Full Bathrooms: 1
  • Bathroom 1: On Level: First Floor, Bathroom - Full, Closet - Linen, Crown Molding
  • No Rooms: 6
  • Dining Room: On Level: First Floor, Ceiling Fan(s), Recessed Lighting, Crown Molding
  • Kitchen: On Level: First Floor, Recessed Lighting, Crown Molding
  • Laundry: On Level: Basement
  • Living Room: On Level: First Floor, Flooring - Hardwood, Window(s) - Bay/Bow/Box, Crown Molding
  • Basement: Y
  • Basement Features: Full, Partially Finished, Sump Pump
  • Main Lo: AN3456
  • Main So: AN4305
  • Estimated Sq Ft: 1000.00

Exterior Features

  • Beach Ownership: Private, Public
  • Beachfront Flag: Yes
  • Beach Miles To: 1 to 2 Mile
  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Exterior Features: Gutters
  • Foundation: Poured Concrete
  • Insulation Feature: Full, Fiberglass

Garage/Parking

  • Parking Feature: Off-Street, Paved Driveway
  • Parking Spaces: 6

Utilities

  • Sewer: Inspection Required for Sale, Private Sewerage
  • Water: City/Town Water
  • Electric Features: Circuit Breakers, 100 Amps, EV Charging Station
  • Heating: Forced Air, Oil
  • Heat Zones: 1
  • Hot Water: Tank
  • Utility Connections: for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf Course, Marina

Schools

  • Elementary School: West Parish
  • Middle School: Ralph B O'maley
  • High School: Gloucester High

Lot Info

  • Assessments: 321400.00
  • Acre: 0.32
  • Lot Size: 13939.00
  • Page: 462
  • Parcel Number: M:0194 B:0061 L:0000
  • Zoning: R-30
  • Lot Description: Wooded, Level

Green Features

  • Energy Features: Insulated Windows, Storm Windows, Storm Doors

Tax Info

  • Taxes: 3963.00
  • Assessor Parcel Number: 1903342
  • Tax Year: 2020

MLS Schools

  • Grade School: West Parish
  • High School: Gloucester High
  • Middle School: Ralph B O'maley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2020
Closed on
Oct 13, 2020
Sold by
Mitchell Karen and Mitchell Stephen
Bought by
Margiotta Accursio and Margiotta Jessica
Seller's Agent
Hope Addorisio
Lamacchia Realty, Inc.
Buyer's Agent
Lori Bouchie
RE/MAX Beacon
List Price
$415,000
Sold Price
$425,000
Premium/Discount to List
$10,000
2.41%
Current Estimated Value
$582,897

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,897
Avg. Annual Appreciation
6.76%
Original Mortgage
$403,750
Outstanding Balance
$360,734
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$222,163

Purchase Details

Closed on
Jul 6, 2011
Sold by
Valaskatgis Claire R
Bought by
Valaskatgis Emanuel and Mitchell Karen
Source: Public Records

Range of Values:

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Average Value
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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
Margiotta Accursio $425,000 None Available
Valaskatgis Emanuel -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Margiotta Accursio $403,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2020 11/06/20 Sold $425,000 +2.4% $425 / Sq Ft
09/23/2020 09/23/20 Pending -- -- --
09/16/2020 09/16/20 For Sale $415,000 0.0% $415 / Sq Ft
05/21/2015 05/21/15 Rented $1,800 0.0% --
05/21/2015 05/21/15 For Rent $1,800 -- --
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 $4,544 $467,000 $187,700 $279,300
2024 $4,544 $467,000 $187,700 $279,300
2023 $4,660 $440,000 $167,600 $272,400
2022 $4,399 $375,000 $145,800 $229,200
2021 $4,279 $344,000 $132,600 $211,400
2020 $3,963 $321,400 $132,600 $188,800
2019 $3,903 $307,600 $132,600 $175,000
2018 $3,826 $295,900 $132,600 $163,300
2017 $3,729 $282,700 $126,200 $156,500
2016 $3,588 $263,600 $131,700 $131,900
2015 $3,542 $259,500 $131,700 $127,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72726944

MLS Property Information Network (MLS PIN)

APN: GLOU-000194-000061