Seller's Agent in 2022
Patricia McCormick
J. Barrett & Company
(978) 290-0538
4 in this area
35 Total Sales
2 Ocean Ave Unit 2D Gloucester, MA 01930
Magnolia NeighborhoodEstimated Value: $217,000 - $259,000
1
Bed
1
Bath
460
Sq Ft
$206/mo
HOA Fee
Highlights
- Marina
- Medical Services
- Jogging Path
- Golf Course Community
- Property is near public transit
- Balcony
About This Home
As of November 2022Magnolia village weekend getaway, primary residence or investment property. This charming studio is the perfect spot to enjoy the picturesque vistas and popular attractions of Cape Ann. Sunny open living room with space for dining, relaxing and entertaining has sliders to a small deck ideal for savoring your morning coffee while listening to the ocean. Kitchen with full size refrigerator, dishwasher and range. Just moments to Magnolia Beach, Magnolia Pier and famous Hammond Castle Museum. Explore the scenic shoreline or head to Magnolia center to browse its many shops and restaurants – all within one block of Ocean Terrace Condominiums. First Showings Saturday and Sunday Open House from 11:00am -1:00 pm
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,812
Year Built
- Built in 2003
HOA Fees
- $206 Monthly HOA Fees
Home Design
- Frame Construction
- Rubber Roof
Interior Spaces
- 460 Sq Ft Home
- 1-Story Property
- Insulated Windows
- Insulated Doors
Kitchen
- Range
- Microwave
- Dishwasher
Flooring
- Wall to Wall Carpet
- Vinyl
Bedrooms and Bathrooms
- 1 Full Bathroom
- Bathtub with Shower
Parking
- 1 Car Parking Space
- Off-Street Parking
Location
- Property is near public transit
- Property is near schools
Schools
- West Parish Elementary School
- O'malley Middle School
- GHS High School
Utilities
- Cooling System Mounted In Outer Wall Opening
- Heating Available
- Electric Water Heater
- Private Sewer
Additional Features
- Balcony
- Two or More Common Walls
Listing and Financial Details
- Assessor Parcel Number M:0169 B:0003 L:0002(D),1901945
Community Details
Overview
- Association fees include water, sewer, insurance, maintenance structure, ground maintenance, snow removal, trash
- 42 Units
- Mid-Rise Condominium
- Ocean Terrace Condominiums Community
Amenities
- Medical Services
- Shops
- Laundry Facilities
Recreation
- Marina
- Golf Course Community
- Park
- Jogging Path
Pet Policy
- No Pets Allowed
Security
- Resident Manager or Management On Site
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 19, 2010
Sold by
Mercadante Richard G and Mercadante Heather A
Bought by
Mercadante Irt
Total Days on Market
4
Current Estimated Value
Purchase Details
Closed on
Apr 4, 1990
Sold by
Marbet Mark
Bought by
Mercadante Heather A
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mercadante Irt | -- | -- | |
| Mercadante Heather A | $69,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mihalich Justin | $159,200 | |
| Closed | Mihalich Justin | $15,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/28/2022 11/28/22 | Sold | $199,000 | 0.0% | $433 / Sq Ft |
| 10/19/2022 10/19/22 | Pending | -- | -- | -- |
| 10/14/2022 10/14/22 | For Sale | $199,000 | -- | $433 / 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 | $1,840 | $189,100 | $0 | $189,100 |
| 2024 | $1,840 | $189,100 | $0 | $189,100 |
| 2023 | $1,765 | $166,700 | $0 | $166,700 |
| 2022 | $1,812 | $154,500 | $0 | $154,500 |
| 2021 | $1,808 | $145,300 | $0 | $145,300 |
| 2020 | $1,792 | $145,300 | $0 | $145,300 |
| 2019 | $1,708 | $134,600 | $0 | $134,600 |
| 2018 | $1,612 | $124,700 | $0 | $124,700 |
| 2017 | $1,417 | $107,400 | $0 | $107,400 |
| 2016 | $1,372 | $100,800 | $0 | $100,800 |
| 2015 | $1,264 | $92,600 | $0 | $92,600 |
Source: Public Records
Agents Affiliated with this Home
-
Patricia McCormick
Map
Similar Homes in Gloucester, MA
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73048362
APN: GLOU-000169-000003-000002D
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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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