3 Magnolia Place

Local assessors in Dorchester, MA have categorized 3 Magnolia Place as a residential type of property. The home was built in 1905 and is 119 years old. It was most recently renovated and altered in 2012. The property's lot size has been calculated to be 3,103 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 4 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 2 full bathrooms. There are also 2 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 3 Magnolia Place has a total of 1,830 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. There is only one available parking space, so if you need more, you may need to find some alternatives. 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 alum/vinyl siding were used in the construction of the exterior walls of the home. The home's a hot water heating system is the primary heating source. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 3 Magnolia Place was last sold in Jan 1, 1970 for $235,000. According to our calculations, that's $128.42 per sqft. Prior to that sales transaction, the property was sold for $161,000 in Jan 1, 1970. Current property owners are expected to pay $6,159 in taxes per year. The property on 3 Magnolia Place was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $573,500. To break that down further, the land itself was valued at $179,900. While improvements to the property were assessed at a total of $393,600. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.