Seller's Agent in 2025
Sarah MacBurnie Liporto
Ocean's Edge Real Estate
(978) 337-9955
76 Total Sales
SOLD JAN 27, 2012
RENTED MAR 24, 2025
2 Ocean Ave Unit 1L Gloucester, MA 01930
Magnolia Neighborhood
1
Bed
1
Bath
765
Sq Ft
2003
Built
Highlights
- Waterfront
- Covered patio or porch
- Walking Distance to Water
- Main Floor Primary Bedroom
- Jogging Path
- Cooling System Mounted In Outer Wall Opening
About This Home
As of January 2012Magnolia Village! Spacious first floor 1 bedroom condo (756 SF)with patio in 7 year old building -low maintenance with well run, well funded association. Located in Gloucester's best kept "secret" neighborhood. Steps to the ocean & beach in 3 directions. No pets allowed. Parking space right by your door. Easy to see. Enjoy the seacoast lifestyle!
Last Agent to Sell the Property
Keller Williams Realty Evolution Listed on: 09/27/2011
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,625
Year Built
- Built in 2003
Lot Details
- Waterfront
Home Design
- Garden Home
- Frame Construction
Interior Spaces
- 765 Sq Ft Home
- 1-Story Property
- Insulated Windows
- Insulated Doors
- Combination Dining and Living Room
Kitchen
- Range
- Microwave
- Dishwasher
Flooring
- Wall to Wall Carpet
- Vinyl
Bedrooms and Bathrooms
- 1 Primary Bedroom on Main
- 1 Full Bathroom
Parking
- 1 Car Parking Space
- Deeded Parking
Outdoor Features
- Walking Distance to Water
- Covered patio or porch
Schools
- Gloucester Middle School
- Gloucester High School
Utilities
- Cooling System Mounted In Outer Wall Opening
- 1 Cooling Zone
- 3 Heating Zones
- Electric Baseboard Heater
- 100 Amp Service
- Electric Water Heater
- Private Sewer
Listing and Financial Details
- Assessor Parcel Number M:0169 B:0003 L:0001(L)
Community Details
Overview
- Property has a Home Owners Association
- Association fees include water, insurance, maintenance structure, ground maintenance, snow removal, trash
- 43 Units
- Mid-Rise Condominium
- Ocean Terrace Community
Amenities
- Shops
Recreation
- Park
- Jogging Path
Pet Policy
- No Pets Allowed
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
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
6.87%
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
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | -- | |
| Deed | $142,500 | -- | |
| Deed | $186,000 | -- | |
| Deed | $65,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $176,700 | Purchase Money Mortgage | |
| Previous Owner | $35,000 | Purchase Money Mortgage |
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 |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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
-
-
Buyer's Agent in 2023
Jeanine Moulden
Mango Realty, Inc.
(617) 312-2491
4 Total Sales
-
Seller's Agent in 2012
Francine Cecieta
Keller Williams Realty Evolution
(978) 808-0704
1 in this area
20 Total Sales
-
F
Buyer's Agent in 2012
Fred Brennan
Tache Real Estate, Inc.
5 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 71292727
APN: GLOU-000169-000003-000001L
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The property listing data and information, or the Images, 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, and the Images, 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, or as to the accuracy of any of the Images, set forth herein.
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