$340,000
SOLD OCT 28, 2025
1 Bed
1 Bath
765 Sq Ft
$320/mo HOA Fee

Recently Sold

$444 Per Sq Ft

3% Below List Price

32 Days on Market

Highlights

  • Marina
  • Waterfront
  • Property is near public transit
  • Medical Services
  • Open Floorplan
  • Plywood Flooring

About This Home

As of October 2025

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!

Last Agent to Sell the Property

Gabriela DeBenedicitis

Coldwell Banker Realty - Manchester Listed on: 09/03/2025

Coldwell Banker Realty - Manchester

Last Buyer's Agent

Felicia Trupiano

J. Barrett & Company

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),1901939

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,390

Year Built

Built in 2003

Lot Details

0

HOA Fees

$320 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Other (See Remarks)
  • Year Built: 2003
  • Entry Level: 1
  • Year Built Details: Approximate
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Plywood, Vinyl
  • Fireplace YN: No
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Features: Ceiling Fan(s), Closet, Flooring - Laminate
  • Room Master Bedroom Level: First
  • Bathroom 1 Features: Flooring - Laminate
  • Bathroom 1 Level: First
  • Room Kitchen Features: Flooring - Laminate
  • Laundry Features: Common Area, In Building
  • Room Living Room Level: Main,First
  • Room Living Room Features: Closet, Flooring - Laminate, Flooring - Vinyl, Balcony - Exterior, Exterior Access, Open Floorplan
  • Basement: N
  • Above Grade Finished Sq Ft: 765
  • Living Area: 765
  • Other Equipment: Intercom
  • Spa YN: No
  • Stories Total: 1
  • Window Features: Insulated Windows
  • MAIN LO: AN6181
  • MAIN SO: C95243
  • Insulation: Full

Exterior Features

  • Construction Materials: Frame
  • Home Warranty YN: No
  • Roof: Shingle
  • Waterfront Features: Beach Access, Harbor, Ocean, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved, Exclusive Parking
  • Total Parking Spaces: 1

Utilities

  • Sewer: Private Sewer
  • Utilities: for Electric Range, for Electric Oven
  • Cooling: Wall Unit(s)
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Security Features: Intercom
  • Water Source: Public
  • HEAT ZONES: 1
  • COOLING ZONES: 1

Condo/Co-op/Association

  • Association Amenities: Laundry
  • Association Fee: 320.02
  • Association Fee Frequency: Monthly
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Marina, Public School, T-Station, Other
  • Senior Community YN: No
  • MANAGEMENT: Professional - On Site

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Maintenance Grounds, Snow Removal

Lot Info

  • Parcel Number: M:0169 B:0003 L:0001(J),1901939
  • Zoning: VB
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 2390

Multi Family

  • Number Of Units Total: 42
  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2025
Closed on
Oct 27, 2025
Sold by
Clements Christopher
Bought by
Horne Marilyn
Seller's Agent
Gabriela DeBenedicitis
Coldwell Banker Realty - Manchester
Buyer's Agent
Felicia Trupiano
J. Barrett & Company
List Price
$350,000
Sold Price
$340,000
Premium/Discount to List
-$10,000
-2.86%
Views
89

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.92%

Purchase Details

Listed on
Dec 6, 2018
Closed on
Mar 7, 2019
Sold by
Townsend Charles H
Bought by
Clements Christopher
Seller's Agent
Greg Verga
Churchill Properties
Buyer's Agent
Gabriela DeBenedicitis
Coldwell Banker Realty - Manchester
List Price
$199,000
Sold Price
$190,000
Premium/Discount to List
-$9,000
-4.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.17%
Original Mortgage
$184,300
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 5, 2018
Sold by
Donna Wright Irt and Townsend
Bought by
Townsend Charles H
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $340,000 --
Quit Claim Deed $190,000 --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $184,300 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/28/2025 10/28/25 Sold $340,000 -2.9% $444 / Sq Ft
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
Source: MLS Property Information Network (MLS PIN)

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 $2,549 $262,200 $0 $262,200
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
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73425003

MLS Property Information Network (MLS PIN)

APN: GLOU-000169-000003-000001J