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253 Magnolia Avenue

253 Magnolia Avenue, Gloucester, MA 01930
Property in Gloucester
Sold May 09, 2014
Transfer
$550,000 by Cape Ann Savings Bank
Mortgage Due May 01, 2045
Local assessors in Gloucester, MA have categorized 253 Magnolia Avenue as a residential type of property. The home was built in 2014 and is 10 years old. The property's lot size has been calculated to be 126,324 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a colonial style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 4 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 253 Magnolia Avenue has a total of 4,298 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. Moving onto specific details regarding the building. Our sources show that the building condition is average. The building has a gable style roof that was made of asphalt. Lots of wood siding were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with gas. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Current property owners are expected to pay $13,171 in taxes per year. The property on 253 Magnolia Avenue was last assessed in 2024. As a result of that assessment, the total value of the property was placed at $1,353,600. To break that down further, the land itself was valued at $259,600. While improvements to the property were assessed at a total of $1,094,000. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2014
  • Effective Year Built: 2014
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Style: Colonial
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 1,588
  • Garage Type: Garage
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 126,324
  • Total Building Area: 4,298
  • Gross Building Area: 6,796
  • Building Area: 4,298
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 4,298
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 2.9
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : STANLEY PAUL R
  • Current Owner 2: STANLEY CATHERINE A
  • Previous Owner : STONELEIGH GARDENS LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Gloucester School District
  • School Tax School District: GLOUCESTER SD
  • Census Tract: 221901

Zoning

  • Zoning: R-30

Geography

  • Parcel: GLOU M:0207 B:0046 L:0000
  • Block: 46
  • Municipality: GLOUCESTER
  • Latitude: 42.6001
  • Longitude: -70.7163

    Address

  • Full Address: 253 Magnolia Ave
  • Address - House Number: 253
  • Address - Street Name: Magnolia
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Gloucester
  • Carrier Code: C025
  • 4-Digit Zip Code: 2315
  • Zip Code: 01930

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $13,171

    Appraisal Valuation

  • Standard Deviation: 0.1532
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 1,465,487
  • High Value: 1,690,080
  • Low Value: 1,240,894

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,094,500
  • First Open Lien Mortgage Lender: CAPE ANN SAVINGS BANK
  • First Open Lien Mortgage Recording Date: May 09, 2014
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $550,000
  • First Open Lien Mortgage Term: 371
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: May 01, 2045
  • Second Open Lien Mortgage Lender: LENDUS LLC
  • Second Open Lien Mortgage Recording Date: May 12, 2021
  • Second Open Lien Mortgage Loan Amount: $544,500
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • Second Open Lien Mortgage Loan Due Date: Jun 01, 2051

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,353,600
  • Assessed Land Value: $259,600
  • Assessed Improvements Value: $1,094,000

    Sales

  • Current Sale Recording Date: May 09, 2014
  • Current Sale Transaction ID: 1148308460
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 50900359

    Last Sale Mortgage

  • First Mortgage Lender: CAPE ANN SAVINGS BANK
  • First Mortgage Transaction Date: May 09, 2014
  • First Mortgage Loan Amount: $550,000
  • First Mortgage Terms: 371
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: May 01, 2045

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Gloucester



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Frequently Asked Questions

What neighborhood is 253 Magnolia Avenue located in?
The 253 Magnolia Avenue is a located in the neighborhood of Gloucester in Gloucester, Gloucester.
What is the average sales price for listings in 253 Magnolia Avenue?
The average sales price for units in 253 Magnolia Avenue is $0 currently.

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