6 months on rocket

281-R Magnolia Ave, Gloucester, MA, 01930

$100,000

4.00 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeResidential
ParkingShared Driveway
MLS #73172660
Lot Size4.00 Acres
StatusActive

About 281-R Magnolia Ave

4 acre land opportunity in Magnolia! This secluded wood lot is zoned residential (R-30). Conveniently located a short drive to downtown Gloucester, Magnolia, beaches, parks, conservation areas, and 5 minutes to RT-128. Please note property is landlocked with no street frontage. There is a private, shared drive that provides potential access point but may require easements from abutters. Multiple new construction homes are complete or in progress on abutting lots (not affiliated). Lot includes some wetlands. Buyer responsible for all due diligence on viability to build and any approvals, easements, etc. **Do NOT attempt to access without an appointment**.

Property Details

Property Features

Listing Office:

  • Office Name: Coldwell Banker Realty - Beverly
  • Listing Agent: Robert Heil

Exterior Features

Parking Information:

  • Parking: Shared Driveway

Lot Features

Lot Information:

  • Lot: Wetlands, Sloped, Wooded
  • Lot Size: 4.00 Acres

School Info

Assigned Schools Information:

  • Gloucester High School, Public District Grades 9-12
  • Ralph B O'Maley Middle School, Public District Grades 6-8
  • West Parish, Public District Grades KG-5

Other

Directions Information:

  • Directions: Provided upon request. GPS is incorrect. Do not attempt to access without an appointment.

Price Information

Listing Price Info

Price Summary:

  • List Price: $100,000

Agent Commission:

  • Buyer's Agent Commission: 2.5
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Housing Market Comparison

See how this home compares to others in Gloucester, MA.

Med. Sold Price

$617.5K

Med. Price/SqFt

$431

Avg. Days On Market

49

# of Sold Homes

10

281-R Magnolia Ave vs Gloucester

190 DAYS ON ROCKET

+141 Days

$100,000

-$517.5K Less

KEY TAKEAWAY

This property is $517.5K less than the Median Sold Price in Gloucester, MA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MLS Property Information Network
  • MLS Number: #73172660

Listing Office:

  • Office Name: Coldwell Banker Realty - Beverly
  • Listing Agent: Robert Heil

IDX Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.

Last updated on: 4/27/2024, 1:25:14 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$567

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$366

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1285672
7
/10
  • West Parish

  • 10 Concord St

  • 2.93 miles

  • Public District Grades KG-5

Middle School

school-card-donut-1285673
3
/10
  • Ralph B O'Maley Middle School

  • 32 Cherry St

  • 4.23 miles

  • Public District Grades 6-8

High School

school-card-donut-1285674
3
/10
  • Gloucester High School

  • 32 L O Johnson Rd

  • 3.19 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $90,686. Typical income of Gloucester, MA residents is between $100k-200k annually. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 281-R Magnolia Ave

What is the listing price of this property?

The listing price of 281-R Magnolia Ave property is $100,000.

What type of property is this?

The property 281-R Magnolia Ave is land located in Gloucester, Massachusetts, 01930.

Is this property for sale now?

Active Listing: 281-R Magnolia Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 281-R Magnolia Ave are:
West Parish: GreatSchools Rating 7/10
Ralph B O'Maley Middle School: GreatSchools Rating 3/10
Gloucester High School: GreatSchools Rating 3/10

How much acreage is this property?

The property 281-R Magnolia Ave is 4.00 acres.
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Rocket HomesMassachusettsEssex CountyGloucester01930281-R Magnolia Ave

This home is located at 281-R Magnolia Ave in Gloucester, MA and zip code 01930. This home sits on a 4.00 acre lot. It has been listed on Rocket Homes since October 20, 2023 and is currently priced at $100,000.

In March 2024 more than 5 listings in Gloucester, MA were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 3 were sold below. The number of homes for sale in Gloucester, MA increased by 18% between February 2024 and March 2024. While the average time on the market in March 2024 was 49 days, the median list price was $617,500.

From Rocket Homes Real Estate and based on county public records data.

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