$298,143 - $375,000
RENTED MAR 24, 2025

2 Ocean Ave Unit 1L Gloucester, MA 01930

Magnolia Neighborhood
1 Bed
1 Bath
765 Sq Ft
$438 Price per Sq Ft

Last Sold January 27, 2012

Last sale price $142,500 $186 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $2,056/month

About This Home

As of January 2012

FIRST FLOOR - no stairs to get inside. Smell the ocean air! Ease of entry into Unit directly from parking area. This quaint and cozy 3 room, 1 bedroom, 1 bathroom home offers parking just outside your door, as well as a patio. Air conditioner in the living room. Newly installed carpets. Spacious living room/dining combo with window looking into the kitchen which also has space for a kitchen table. Good closet space. Generous bedroom. All in the beautiful community of Magnolia, in Gloucester. First, last, security required. Tenant to pay electric (heat source, lighting) and any wifi/internet/tv/cable. No pets. No smoking. Private entrance straight into the Unit. On site laundry room. NO PETS, NO EXCEPTIONS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 24, 2015
Sold by
Abell Bonny L
Bought by
Abell Rt
Current Estimated Value
$335,036

Purchase Details

Listed on
Sep 27, 2011
Closed on
Jan 27, 2012
Sold by
Pedersen Christian H
Bought by
Abell Bonny
Seller's Agent
Francine Cecieta
Keller Williams Realty Evolution
Buyer's Agent
Fred Brennan
Tache Real Estate, Inc.
List Price
$145,000
Sold Price
$142,500
Premium/Discount to List
-$2,500
-1.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.65%

Purchase Details

Closed on
May 28, 2004
Sold by
Hyatt Isobel O
Bought by
Pederson Christian H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,700
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 1, 1999
Sold by
Smith Ruth M
Bought by
Hyatt Isobel O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage

Range of Values:

Collateral Analytics

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ICE

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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
Abell Rt -- --
Abell Bonny $142,500 --
Pederson Christian H $186,000 --
Hyatt Isobel O $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hyatt Isobel O $176,700
Previous Owner Hyatt Isobel O $35,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2025 03/24/25 Rented $1,900 0.0% --
03/20/2025 03/20/25 Under Contract -- -- --
03/11/2025 03/11/25 Price Changed $1,900 -5.0% $2 / Sq Ft
02/18/2025 02/18/25 For Rent $2,000 +17.6% --
12/01/2023 12/01/23 Rented $1,700 0.0% --
11/07/2023 11/07/23 Under Contract -- -- --
10/26/2023 10/26/23 Price Changed $1,700 -5.6% $2 / Sq Ft
10/20/2023 10/20/23 For Rent $1,800 0.0% --
01/27/2012 01/27/12 Sold $142,500 -1.7% $186 / Sq Ft
12/09/2011 12/09/11 Pending -- -- --
09/26/2011 09/26/11 For Sale $145,000 -- $190 / Sq Ft

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 $2,390 $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
Source: Public Records

Agents Affiliated with this Home

  • Sarah MacBurnie Liporto

    Seller's Agent in 2025

    Sarah MacBurnie Liporto

    Ocean's Edge Real Estate

    (978) 337-9955

    74 Total Sales

    Sarah MacBurnie Liporto
    Section Image
  • Jeanine Moulden

    Buyer's Agent in 2023

    Jeanine Moulden

    Mango Realty, Inc.

    (617) 312-2491

    3 Total Sales

    Jeanine Moulden
    Section Image
  • Francine Cecieta

    Seller's Agent in 2012

    Francine Cecieta

    Keller Williams Realty Evolution

    (978) 808-0704

    1 in this area

    21 Total Sales

    Francine Cecieta
    Section Image

  • F

    Buyer's Agent in 2012

    Fred Brennan

    Tache Real Estate, Inc.

    Section Image
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Map

Massachusetts Essex County Gloucester 01930 Magnolia

2 Ocean Ave Unit 1L, Gloucester, MA

Homes for Sale in Gloucester, MA

This home is located at 2 Ocean Ave Unit 1L, Gloucester, MA 01930 and is currently estimated at $335,036, approximately $437 per square foot. 2 Ocean Ave Unit 1L 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.