NOT LISTED FOR SALE

2 Ocean Ave Unit 2G Gloucester, MA 01930

Magnolia Neighborhood

Estimated Value: $385,631 - $433,000

2 Beds
1 Bath
870 Sq Ft
$339/mo HOA Fee

Last Sold November 16, 2018

Last sale price $299,000 $344 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $2,875/month

1 Day on Market

Highlights

  • Ocean View
  • Wine Refrigerator
  • Electric Baseboard Heater
  • Sauna

About This Home

As of November 2018

Generously upgraded water view 2 BR corner condo in Magnolia! Thoughtfully and conscientiously designed from the beginning this gorgeous abode features many upgrades from original design. Kitchen is good size and gorgeous with upgraded cabinets, granite counters and useful wine cooler. Hardwood through living and dining area with slider door. Enjoy sunsets over the Atlantic from your private deck. Upgraded electrical and plumbing. Full bath has steam shower and heat lamp to always keep you toasty warm. California closets and custom shelving. Open and bright, close to all the village amenities including, beach, restaurants, shopping, post office. Move in ready to enjoy luxury in a condo.

Last Agent to Sell the Property

Lisa Ramos

Coldwell Banker Realty - Manchester Listed on: 09/09/2018

Coldwell Banker Realty - Manchester

Last Buyer's Agent

Peter and Pam Lane

North Shore's Gold Coast Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,333

Year Built

  • Built in 2004

HOA Fees

  • $339 per month

Interior Spaces

  • Sauna
  • Ocean Views

Kitchen

  • Range
  • Dishwasher
  • Wine Refrigerator

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Electric Baseboard Heater
  • Water Holding Tank
  • Electric Water Heater
  • Private Sewer

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,333

Year Built

Built in 2004

Lot Details

0

HOA Fees

$339 per month

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Low-Rise
  • Year Built Description: Actual
  • List Price Per Sq Ft: 344.71
  • Comp Based On: Net Sale Price
  • Year Built: 2004
  • Unit Building: 2G
  • Unit Level: 2
  • Unit Placement: Corner
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2004

Interior Features

  • Interior Amenities: Sauna/Steam/Hot Tub
  • Appliances: Range, Dishwasher, Refrigerator, Refrigerator - Wine Storage
  • No Bedrooms: 2
  • Master Bedroom: Ceiling Fan(s), Closet/Cabinets - Custom Built, Flooring - Wall to Wall Carpet
  • Bedroom 2: Closet/Cabinets - Custom Built, Flooring - Wall to Wall Carpet
  • Full Bathrooms: 1
  • Bathroom 1: Bathroom - Full, Steam / Sauna
  • No Rooms: 5
  • Kitchen: On Level: First Floor, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Cabinets - Upgraded, Wine Chiller
  • Living Room: On Level: First Floor, Flooring - Wood, Balcony / Deck, Exterior Access, Recessed Lighting, Slider
  • No Living Levels: 1
  • Main Lo: NB4772
  • Main So: C95247
  • Estimated Sq Ft: 870.00

Exterior Features

  • Beach Ownership: Private, Public, Association
  • Beachfront Flag: Yes
  • Beach Miles To: 3/10 to 1/2 Mile
  • Waterview Features: Ocean
  • Waterview Flag: Yes
  • Exterior Unit Features: Deck - Wood

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 1

Utilities

  • Sewer: Private Sewerage
  • Water: City/Town Water
  • Cooling: Wall AC
  • Heating: Electric Baseboard
  • Hot Water: Electric, Tank

Condo/Co-op/Association

  • Fee Interval: Monthly
  • Amenities: Public Transportation, Park, Walk/Jog Trails, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship
  • HOA Fees: 339.25
  • Association Fee Includes: Water, Sewer, Master Insurance, Laundry Facilities, Landscaping
  • Condo Association: Yes
  • Association Security: Intercom
  • Management: Professional - Off Site

Fee Information

  • Opt Fee Includes: Water, Sewer, Master Insurance, Laundry Facilities, Exterior Maintenance, Landscaping, Snow Removal, Refuse Removal, Reserve Funds

Lot Info

  • Assessments: 185000.00
  • Page: 65
  • Zoning: R3

Tax Info

  • Taxes: 2398.00
  • Assessor Parcel Number: 1901948

Multi Family

  • No Units: 42

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2018
Closed on
Nov 16, 2018
Sold by
Lee Roger G and Lee Theresa M
Bought by
Amero Mary E
Seller's Agent
Lisa Ramos
Coldwell Banker Realty - Manchester
Buyer's Agent
Peter and Pam Lane
North Shore's Gold Coast Realty
List Price
$299,900
Sold Price
$299,000
Premium/Discount to List
-$900
-0.3%
Current Estimated Value
$406,908

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,908
Avg. Annual Appreciation
4.36%
Original Mortgage
$150,000
Outstanding Balance
$132,922
Interest Rate
4.7%
Mortgage Type
New Conventional
Estimated Equity
$263,742

Purchase Details

Closed on
Jun 1, 1984
Bought by
Lee Roger G and Lee Theresa M
Source: Public Records

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Range of Values:

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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
Amero Mary E $299,000 --
Lee Roger G $58,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Amero Mary E $150,000
Previous Owner Lee Theresa M $50,000
Previous Owner Lee Roger G $70,000
Previous Owner Lee Roger G $72,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2018 11/16/18 Sold $299,000 -0.3% $344 / Sq Ft
09/10/2018 09/10/18 Pending -- -- --
09/09/2018 09/09/18 For Sale $299,900 -- $345 / 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 $3,333 $342,600 $0 $342,600
2024 $3,333 $342,600 $0 $342,600
2023 $3,194 $301,600 $0 $301,600
2022 $3,270 $278,800 $0 $278,800
2021 $3,261 $262,100 $0 $262,100
2020 $3,232 $262,100 $0 $262,100
2019 $2,544 $200,500 $0 $200,500
2018 $2,399 $185,500 $0 $185,500
2017 $2,105 $159,600 $0 $159,600
2016 $2,037 $149,700 $0 $149,700
2015 $1,959 $143,500 $0 $143,500
Source: Public Records

Agents Affiliated with this Home

  • Lisa Ramos

    Seller's Agent in 2018

    Lisa Ramos

    Coldwell Banker Realty - Manchester

    (978) 290-3005

    4 in this area

    20 Total Sales

    Lisa Ramos
    Section Image
  • Peter and Pam Lane

    Buyer's Agent in 2018

    Peter and Pam Lane

    North Shore's Gold Coast Realty

    (978) 689-5431

    4 in this area

    83 Total Sales

    Peter and Pam Lane
    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72392319

MLS Property Information Network (MLS PIN)

APN: GLOU-000169-000003-000002G

Massachusetts Essex County Gloucester 01930 Magnolia

2 Ocean Ave Unit 2G, Gloucester, MA

This home is located at 2 Ocean Ave Unit 2G, Gloucester, MA 01930 since 09 September 2018 and is currently estimated at $406,908, approximately $467 per square foot. This property was built in 2004. 2 Ocean Ave Unit 2G is a home located in Essex County with nearby schools including West Parish, Ralph B O'maley Middle School, and Gloucester High School.

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