Just moments from the scenic village center of Magnolia this gorgeous colonial home offers an open concept with 3 Bedroom & 2 full Baths. The main level features a beautiful gourmet kitchen with quartz counter-tops, stainless steel appliances, kitchen island, tile & gleaming hardwood floors with an open floor plan that leads to the living/dining, ideal space for entertaining. The second level offers 3 spacious Bedrooms and office all with hardwood floors with an additional full bathroom. Additional square footage can be found in the partially finished basement which can be used as fabulous bonus rooms with exterior access. Enjoy the Great outdoor space with a large level lot with Breathtaking views of West pond. Parking for 6 plus vehicles. SHOWINGS START AT OPEN HOUSE SAT 8/26 11:00-1:00 & SUN 8/27 11:00-1:00
Sale Statistics
Sale Overview
Original List Price:$749,900
Final Sale Price:$850,000
Difference:
+$100,100 (+13.3%)
Performance Metrics
113.3%
List to Sale Ratio
Sold above asking price
20
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft:$368
Sale $/sq ft:$417
This property sold for $417 per square foot
Sale Summary
This property sold for 13.3% above the original asking price, indicating strong buyer demand.
With only 20 days on market, this was a quick sale compared to typical market conditions.
Facts & Features
Property Overview
Property Type
Single Family Residence
Property Category
Residential
Year Built
1987
Bedrooms
3
Full Bathrooms
2
Living Area
2,040 sq ft
Total Rooms
7
Interior Features
Flooring
Tile, Hardwood, Flooring - Hardwood
Heating
Baseboard, Oil
Has Heating
Yes
Cooling
Window Unit(s)
Has Cooling
Yes
Has Fireplace
No
Appliances
Water Heater, Range, Dishwasher, Refrigerator, Dryer
Interior Features
Closet, Office, Central Vacuum
Laundry Features
Second Floor, Electric Dryer Hookup
Basement Details
Full, Partially Finished
Exterior & Structure
Architectural Style
Colonial
Roof
Shingle
Foundation
Concrete Perimeter
Exterior Features
Patio, Balcony
Patio/Porch Features
Patio
Has Spa
No
Waterfront Features
Ocean, 1/2 to 1 Mile To Beach
Waterfront Property
No
Lot & Land
Lot Size
0.40 acres
Lot Size
17,453 sq ft
Lot Size Area
0.4000
Road Frontage Type
Private Road
Parking & Garage
Has Garage
No
Total Non-Garage Parking Spaces
6
Parking Features
Paved Drive, Off Street
Utilities & Systems
Utilities Available
for Electric Range, for Electric Oven, for Electric Dryer
Water Source
Public
Sewer
Private Sewer
Electric
Circuit Breakers
Community & HOA
Community Features
Public Transportation, Shopping, Walk/Jog Trails, Medical Facility, Highway Access
HOA
No
Senior Community
No
Financial & Tax Information
Annual Tax Amount
$7,072
Tax Year
2023
Tax Assessed Value
$667,800
Parcel Number
M:0172 B:0018 L:0000,1902183
Zoning
R-20
Additional Details
Year Built Source
Public Records
Year Built Details
Approximate
Attached Property
No
Disclosures
SHOWINGS START AT OPEN HOUSE SAT 8/26 11:00-1:00 & SUN 8/27 11:00-1:00. Offers if any due Tuesday, August 29th at 2pm. Please allow up to 24 hrs for response. Water and Utility Easement on property. Buyers and buyer agents to do due diligence.
Exclusions
Washer Machine,Stairway Chandelier And Ceiling Fan In Second Level Blue Bedroom Are Excluded In Sale
Location
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Neighborhood
32 Lake Rd, Gloucester MA 01930
Gloucester, MA 01930
Walkability
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Schools
School information not available
Monthly Payment Calculator
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Estimated Monthly Payment$0
Payment Breakdown
Principal & Interest$0
Property Tax$589
Homeowners Insurance$200
PMI$0
Property History
Market Insights
11.8%
Price Range
22
Total Days on Market
Property Timeline
✓
Sold
Oct 12, 2023
$850,000
Property sold
Days on Market: 22
🏠
Listed for Sale
Aug 22, 2023
$749,900
Original listing
Agent: Salvatore DiMercurioOffice: Keller Williams Realty Evolution