Spacious 4 BR 2 BA Colonial located in Magnolia offers first floor main bedroom with beamed ceiling and full updated bath. Large Livingroom with woodstove and brick hearth. Eat in kitchen also has separate area for laundry and leads out to rear deck overlooking yard. Second floor offers 3 additional BR's, another full bath, a kitchenette, and a large den. Lovely fir floors and stained glass window. Sunporch entry offers great storage. Home has updated FHW by oil boiler, oil tank, hot water heater, exterior paint job and new roof all within last 5 years! Full walkout basement with ample storage and workbench! 2 car paved parking with room to add more. Short distance to Magnolia center, Gray Beach, Manchester Bath and Tennis Club, restaurants, shops, community center, Ravenswood Park and Coolidge Point Reservation. Seller will be providing an approved 4 BR septic design at closing and agrees to escrow 1.5 times estimated cost to install new septic system after closing.
Sold for $520,000 on 07/31/23
$520,000
118 Magnolia Ave, Gloucester, MA 01930
4beds
1,660sqft
Single Family Residence
Built in 1920
6,000 Square Feet Lot
$661,400 Zestimate®
$313/sqft
$2,999 Estimated rent
Home value
$661,400
$615,000 - $714,000
$2,999/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: August 05, 2023 at 05:19am
Listed by:
Lane Team 978-689-5431,
North Shore's Gold Coast Realty 978-283-4440,
Lane Team 978-689-5431
Bought with:
Nice to be Home Group
RE/MAX 360
Source: MLS PIN,MLS#: 73077821
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
- Main level bedrooms: 1
Primary bedroom
- Features: Beamed Ceilings, Closet, Flooring - Wall to Wall Carpet
- Level: Main,First
- Area: 156
- Dimensions: 13 x 12
Bedroom 2
- Features: Closet, Flooring - Wood
- Level: Second
- Area: 192
- Dimensions: 16 x 12
Bedroom 3
- Features: Closet, Flooring - Wood
- Level: Second
- Area: 121
- Dimensions: 11 x 11
Bedroom 4
- Features: Closet, Flooring - Wood
- Level: Second
- Area: 115.83
- Dimensions: 11.58 x 10
Primary bathroom
- Features: No
Bathroom 1
- Features: Bathroom - Full, Bathroom - With Shower Stall, Countertops - Stone/Granite/Solid
- Level: First
- Area: 72
- Dimensions: 9 x 8
Bathroom 2
- Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Vinyl
- Level: Second
- Area: 38.33
- Dimensions: 6.67 x 5.75
Dining room
- Features: Flooring - Wall to Wall Carpet
- Level: First
- Area: 141.92
- Dimensions: 13 x 10.92
Family room
- Features: Flooring - Wall to Wall Carpet
Kitchen
- Features: Flooring - Laminate, Dryer Hookup - Electric, Slider, Gas Stove
- Level: First
- Area: 117
- Dimensions: 13 x 9
Living room
- Features: Wood / Coal / Pellet Stove, Flooring - Wall to Wall Carpet
- Level: Main,First
- Area: 276
- Dimensions: 23 x 12
Heating
- Baseboard, Oil
Cooling
- None
Features
- Closet, Den, Kitchen
- Flooring: Wood, Vinyl, Carpet, Flooring - Wood, Flooring - Vinyl
- Windows: Insulated Windows
- Basement: Full,Walk-Out Access,Interior Entry,Concrete
- Number of fireplaces: 1
- Fireplace features: Living Room
Interior area
- Total structure area: 1,660
- Total interior livable area: 1,660 sqft
Property
Parking
- Total spaces: 2
- Parking features: Paved Drive, Off Street, Paved
- Uncovered spaces: 2
Accessibility
- Accessibility features: No
Features
- Patio & porch: Porch - Enclosed, Deck - Wood
- Exterior features: Porch - Enclosed, Deck - Wood, Storage
- Fencing: Fenced/Enclosed
- Waterfront features: Ocean, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
Lot
- Size: 6,000 sqft
- Features: Level
Details
- Foundation area: 1296
- Parcel number: M:0194 B:0034 L:0000,1903316
- Zoning: R-30
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Colonial
- Property subtype: Single Family Residence
Materials
- Frame
- Foundation: Stone, Brick/Mortar
- Roof: Shingle
Condition
- Year built: 1920
Utilities & green energy
- Electric: Circuit Breakers, 100 Amp Service
- Sewer: Private Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Public Transportation, Shopping, Park, Highway Access, Public School, T-Station
Location
- Region: Gloucester
Other
Other facts
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 7/31/2023 | Sold | $520,000-2.8%$313/sqft |
Source: MLS PIN #73077821 | ||
| 3/6/2023 | Price change | $535,000-1.8%$322/sqft |
Source: MLS PIN #73077821 | ||
| 2/16/2023 | Price change | $545,000-2.7%$328/sqft |
Source: MLS PIN #73077821 | ||
| 2/9/2023 | Listed for sale | $560,000$337/sqft |
Source: MLS PIN #73077821 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,231 | $537,600 |
| 2024 | $5,231 +4.6% | $537,600 +13.8% |
| 2023 | $5,002 | $472,300 |
Find assessor info on the county website
Neighborhood: 01930
Nearby schools
GreatSchools rating
- 6/10West Parish Elementary SchoolGrades: K-5Distance: 2.2 mi
- 3/10Ralph B O'Maley Innovation Middle SchoolGrades: 6-8Distance: 3.7 mi
- 4/10Gloucester High SchoolGrades: 9-12Distance: 2.8 mi
Schools provided by the listing agent
- Middle: O'maley
- High: Ghs
Source: MLS PIN. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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$661,400
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