NOT LISTED FOR SALE

2 Ocean Ave Unit 1G Gloucester, MA 01930

Magnolia Neighborhood

Estimated Value: $365,649 - $433,000

2 Beds
1 Bath
870 Sq Ft
$460/Sq Ft Est. Value

About This Home

Come home to Magnolia Village! Lovely corner unit 2BR condo was built in 2003 and is well managed by an off-site property management company. Enjoy your patio just off the living room and parking space is right next to this entrance for easy access for unloading groceries. Beach is just steps from your door. T/commuter rail is easily accessible from the West Gloucester or Manchester locations. Easy access to Route 128.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 10, 2018
Sold by
Hanrahan Grace M and Hanrahan Timothy L
Bought by
Lee Roger G and Lee Theresa M
Current Estimated Value
$399,912

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Outstanding Balance
$186,355
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$225,018

Purchase Details

Closed on
Dec 19, 2012
Sold by
Booth Lorraine R and Booth David G
Bought by
Hanrahan Timothy L and Hanrahan Grace M

Purchase Details

Closed on
Jul 20, 2006
Sold by
Meehan Edward D Est
Bought by
Booth Lorraine R and Booth David G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 29, 1992
Sold by
Denis Leonard J and Denis Elaine G
Bought by
Meehan Edward D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
8.46%
Mortgage Type
Purchase Money Mortgage

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lee Roger G $265,000 --
Hanrahan Timothy L $150,000 --
Booth Lorraine R $195,000 --
Meehan Edward D $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Roger G $75,000
Open Lee Roger G $212,000
Previous Owner Meehan Edward D $175,000
Previous Owner Meehan Edward D $53,000
Previous Owner Meehan Edward D $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/23/2015 01/23/15 Rented $1,300 0.0% --
12/24/2014 12/24/14 Under Contract -- -- --
11/25/2014 11/25/14 For Rent $1,300 +8.3% --
04/12/2013 04/12/13 Rented $1,200 0.0% --
03/13/2013 03/13/13 Under Contract -- -- --
01/06/2013 01/06/13 For Rent $1,200 -- --

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,333 $342,600 $0 $342,600
2024 $3,333 $342,600 $0 $342,600
2023 $3,194 $301,600 $0 $301,600
2022 $3,270 $278,800 $0 $278,800
2021 $3,261 $262,100 $0 $262,100
2020 $3,232 $262,100 $0 $262,100
2019 $2,544 $200,500 $0 $200,500
2018 $2,399 $185,500 $0 $185,500
2017 $2,105 $159,600 $0 $159,600
2016 $2,037 $149,700 $0 $149,700
2015 $1,959 $143,500 $0 $143,500
Source: Public Records

Agents Affiliated with this Home

  • Lisa-Marie Cashman

    Seller's Agent in 2015

    Lisa-Marie Cashman

    Keller Williams Realty Evolution

    (978) 223-3392

    6 Total Sales

    Lisa-Marie Cashman
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Map

Massachusetts Essex County Gloucester 01930 Magnolia

2 Ocean Ave Unit 1G, Gloucester, MA

Homes for Sale in Gloucester, MA

This home is located at 2 Ocean Ave Unit 1G, Gloucester, MA 01930 and is currently estimated at $399,912, approximately $459 per square foot. 2 Ocean Ave Unit 1G is a home located in Essex County with nearby schools including West Parish, Ralph B O'maley Middle School, and Gloucester High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.