58 Lexington Ave, Gloucester, MA 01930

4 beds4 baths2,000 sqft Edit

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Sold: $715,000
Sold on 10/11/13
Zestimate®: $778,225
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A Zestimate® home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

My Notes

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Marvel at unobstructed ocean views, clear to the horizon. Coastal living at it's best at The Old Magnolia Lodge. This legal 2 unit property offers the serenity of natural beauty, coupled with the practicality of income potential. Enjoy magnificent sunsets from your patio. Renovate existing structure, or build your seaside home on this grassy, level lot, just under half an acre. A spectacular location and unlimited possibilities for those with a dream!

What I love about the home

LOCATION WITH FULL OCEAN VIEWS
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Facts

  • Lot: 0.46 acres
  • Multi Family
  • Built in 1957
  • Heating: Forced air
  • Last sold: Oct 2013 for $715,000
  • Last sale price/sqft: $358

Features

  • Barbecue
  • Cable Ready
  • Ceiling Fan
  • Double Pane/Storm Windows
  • Garden
  • Lawn
  • Parking: 0 space
  • Patio
  • Porch
  • Skylight
  • Storage
  • Transportation
  • Vaulted Ceiling
  • Waterfront
  • Wired

Additional Features

  • Storage Sheds

Construction

  • Exterior material: Wood
  • Roof type: Asphalt
  • Room count: 8
  • Stories: 1
  • Structure type: Other
  • Unit count: 2

Other

  • Floor size: 2,000 sqft
  • Last remodel year: 2005
  • Parcel #: M:0167 B:0023 L:0000
  • Zillow Home ID: 56044912

Zestimate Details

Zestimate
A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

The Value Range is the high and low estimate market value for which Zillow values a home. The more information, the smaller the range, and the more accurate the Zestimate. See data coverage and accuracy table

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$778,225
+$621 Last 30 days
$661K
$895K
Zestimate range
Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
$2,336/mo
-$71 Last 30 days
$1.8K
$3.4K
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Popularity on Zillow

1,304 all-time views
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Comparable Homes

Homes like this sold for $415-800K.

$360K
$850K
 

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Neighborhood

Market guide

Zillow predicts 01930 home values will fall 0.7% next year, compared to a 0.4% decrease for Gloucester as a whole. Among 01930 homes, this home is valued 111.9% more than the midpoint (median) home, and is valued 36.8% more per square foot.

Foreclosures will be a factor impacting home values in the next several years. In 01930, the number of foreclosures waiting to be sold is exactly the same as for Gloucester, and 71.2% lower than the national average.

Learn more about forecast calculations or 01930 home values.
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    Nearby Schools in Gloucester

    GreatSchools ratings give an overview of a school's test results. The ratings are based on a comparison of test results for all schools in the state.

    Disclaimer: School attendance zone boundaries are supplied by Maponics and are subject to change. Check with the applicable school district prior to making a decision based on these boundaries.

    Data by GreatSchools.org