2 Ocean Ave Unit 1J Gloucester, MA 01930
Magnolia NeighborhoodEstimated payment $2,370/month
Highlights
- Marina
- Waterfront
- Property is near public transit
- Medical Services
- Open Floorplan
- Plywood Flooring
About This Home
Coastal Living at Its Best! Located in the beautiful Magnolia Village! This is a first-floor unit rare to find!! It is perfect for downsizers, first-time home buyers, or anyone seeking a coastal getaway. This charming 1-bedroom, 1-bath condo offers a comfortable living space just moments from the ocean. Enjoy the convenience of in-building laundry, assigned parking, and a private patio for relaxing outdoors. With restaurants, shops, beaches, and public transportation nearby, plus easy access to the highway and train, this condo offers the ideal blend of tranquility and convenience. Don’t miss your chance to own a slice of Gloucester’s seaside charm!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,390
Year Built
- Built in 2003
HOA Fees
- $320 Monthly HOA Fees
Home Design
- Entry on the 1st floor
- Frame Construction
- Shingle Roof
Interior Spaces
- 765 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Ceiling Fan
- Insulated Windows
- Exterior Basement Entry
- Intercom
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Plywood
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 1 Primary Bedroom on Main
- 1 Full Bathroom
Parking
- 1 Car Parking Space
- Paved Parking
- Open Parking
- Assigned Parking
Location
- Property is near public transit
- Property is near schools
Utilities
- Cooling System Mounted In Outer Wall Opening
- 1 Cooling Zone
- Central Heating
- 1 Heating Zone
- Private Sewer
Additional Features
- Balcony
- Waterfront
Listing and Financial Details
- Assessor Parcel Number M:0169 B:0003 L:0001(J),1901964
Community Details
Overview
- Association fees include water, sewer, insurance, ground maintenance, snow removal
- 42 Units
- The Ocean Terrace Condominiums Community
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Marina
- Park
- Jogging Path
- Bike Trail
Security
- Resident Manager or Management On Site
Map
Home Values in the Area
Average Home Value in this Area
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 | $2,390 | $245,600 | $0 | $245,600 |
| 2024 | $2,390 | $245,600 | $0 | $245,600 |
| 2023 | $2,292 | $216,400 | $0 | $216,400 |
| 2022 | $2,350 | $200,300 | $0 | $200,300 |
| 2021 | $2,344 | $188,400 | $0 | $188,400 |
| 2020 | $2,323 | $188,400 | $0 | $188,400 |
| 2019 | $2,318 | $182,700 | $0 | $182,700 |
| 2018 | $2,186 | $169,100 | $0 | $169,100 |
| 2017 | $1,918 | $145,400 | $0 | $145,400 |
| 2016 | $1,858 | $136,500 | $0 | $136,500 |
| 2015 | $1,787 | $130,900 | $0 | $130,900 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/05/2025 10/05/25 | Pending | -- | -- | -- | |
| 09/03/2025 09/03/25 | For Sale | $350,000 | +84.2% | $458 / Sq Ft | |
| 03/15/2019 03/15/19 | Sold | $190,000 | 0.0% | $248 / Sq Ft | View Prior Sale |
| 02/12/2019 02/12/19 | Pending | -- | -- | -- | |
| 01/11/2019 01/11/19 | Off Market | $190,000 | -- | -- | |
| 12/12/2018 12/12/18 | For Sale | $199,000 | 0.0% | $260 / Sq Ft | |
| 12/07/2018 12/07/18 | Pending | -- | -- | -- | |
| 12/06/2018 12/06/18 | For Sale | $199,000 | -- | $260 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Not Resolvable | $190,000 | -- | |
| Quit Claim Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $184,300 | New Conventional |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73425003
APN: GLOU-000169-000003-000001J
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