Seller's Agent in 2022
Ruth Pino
RE/MAX
(978) 764-6710
6 in this area
120 Total Sales
2 Ocean Ave Unit 2I Gloucester, MA 01930
Magnolia NeighborhoodEstimated Value: $323,789 - $348,000
1
Bed
1
Bath
765
Sq Ft
$283/mo
HOA Fee
Highlights
- Waterfront
- Deck
- Balcony
- 0.97 Acre Lot
- Property is near public transit
- Intercom
About This Home
As of May 2022Magnolia - the ocean nearby, and a block from a breakfast and lunch shop where you can join other locals for good conversation, plus a restaurant and Pub just a block away if you don't feel like cooking dinner after a busy day. All this is just a short distance from Ocean Terrace Condominiums. Built in 2003, the building has been well cared for. This one bedroom unit has been refurbished over the last few years so just move in and make it yours. Historic Magnolia has an active Library and is a short ride to Hammond Castle Museum and the MBTA station in Manchester. If you're looking to downsize, or an investment or even a get away - this comfortable unit could be perfect. Showings are by appointment only and are available Saturday, March 26 from 1-3 and Sunday, March 27 from 11-1. Offers due by Monday, March 28, 2022 at 8:00 pm. Please give 48 hours for response.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,401
Year Built
- Built in 2003
Lot Details
- Waterfront
- Two or More Common Walls
HOA Fees
- $283 Monthly HOA Fees
Home Design
- Entry on the 2nd floor
- Frame Construction
- Rubber Roof
Interior Spaces
- 765 Sq Ft Home
- 1-Story Property
- Insulated Windows
- Sliding Doors
- Insulated Doors
- Intercom
Kitchen
- Range
- Dishwasher
Flooring
- Wall to Wall Carpet
- Vinyl
Bedrooms and Bathrooms
- 1 Bedroom
- Primary bedroom located on second floor
- 1 Full Bathroom
- Bathtub with Shower
Parking
- 1 Car Parking Space
- Off-Street Parking
- Assigned Parking
Outdoor Features
- Balcony
- Deck
Location
- Property is near public transit
- Property is near schools
Schools
- West Parish Elementary School
- O'maley Middle School
- GHS High School
Utilities
- Cooling System Mounted In Outer Wall Opening
- Electric Baseboard Heater
- 220 Volts
- Electric Water Heater
- Private Sewer
Listing and Financial Details
- Tax Lot 3
- Assessor Parcel Number M:0169 B:0003 L:0002(I),1901943
Community Details
Overview
- Association fees include water, sewer, insurance, maintenance structure, ground maintenance, snow removal, trash
- 42 Units
- Mid-Rise Condominium
- Ocean Terrace Condominium Community
Amenities
- Laundry Facilities
Pet Policy
- No Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 5, 2018
Closed on
Mar 5, 2018
Sold by
Atchely Allison J and Atchely Michael J
Bought by
Hackford Chantal and Hackford George
Seller's Agent
William Nardone
Coldwell Banker Realty - Manchester
Buyer's Agent
William Nardone
Coldwell Banker Realty - Manchester
Sold Price
$1,500
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$333,447
Avg. Annual Appreciation
7.11%
Purchase Details
Listed on
Aug 2, 2013
Closed on
Sep 27, 2013
Sold by
Mustafa Lale
Bought by
Atchely Michael J and Atchely Allison J
Seller's Agent
Joyce Herman
J. Barrett & Company
Buyer's Agent
Martha Anger
Compass
List Price
$139,900
Sold Price
$130,000
Premium/Discount to List
-$9,900
-7.08%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.09%
Original Mortgage
$102,400
Interest Rate
4.42%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 13, 2000
Sold by
Blunda Joseph and Blunda Constance R
Bought by
Mustafa Lale
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hackford Chantal | $199,000 | -- | |
| Atchely Michael J | $130,000 | -- | |
| Mustafa Lale | $83,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Mustafa Lale | $102,400 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/13/2022 05/13/22 | Sold | $265,000 | +6.4% | $346 / Sq Ft |
| 03/29/2022 03/29/22 | Pending | -- | -- | -- |
| 03/24/2022 03/24/22 | For Sale | $249,000 | 0.0% | $325 / Sq Ft |
| 05/04/2018 05/04/18 | Rented | $1,500 | 0.0% | -- |
| 05/01/2018 05/01/18 | Under Contract | -- | -- | -- |
| 03/05/2018 03/05/18 | For Rent | $1,500 | 0.0% | -- |
| 03/02/2018 03/02/18 | Sold | $199,000 | 0.0% | $260 / Sq Ft |
| 01/22/2018 01/22/18 | Pending | -- | -- | -- |
| 01/16/2018 01/16/18 | For Sale | $199,000 | +53.1% | $260 / Sq Ft |
| 09/27/2013 09/27/13 | Sold | $130,000 | 0.0% | $170 / Sq Ft |
| 09/16/2013 09/16/13 | Pending | -- | -- | -- |
| 08/15/2013 08/15/13 | Off Market | $130,000 | -- | -- |
| 08/02/2013 08/02/13 | For Sale | $139,900 | -- | $183 / 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 | $2,443 | $251,100 | $0 | $251,100 |
| 2024 | $2,443 | $251,100 | $0 | $251,100 |
| 2023 | $2,343 | $221,200 | $0 | $221,200 |
| 2022 | $2,401 | $204,700 | $0 | $204,700 |
| 2021 | $2,395 | $192,500 | $0 | $192,500 |
| 2020 | $2,374 | $192,500 | $0 | $192,500 |
| 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
-
Ruth Pino
-
Jill Montoni
Buyer's Agent in 2022
Jill Montoni
Keller Williams Realty Evolution
(978) 771-6467
1 in this area
17 Total Sales
-
Martha Anger
Seller's Agent in 2018
Martha Anger
Compass
(781) 727-4547
2 in this area
19 Total Sales
-
W
Seller's Agent in 2018
William Nardone
Coldwell Banker Realty - Manchester
-
G
Seller Co-Listing Agent in 2018
George Hackford
Coldwell Banker Realty - Gloucester
-
Joyce Herman
Seller's Agent in 2013
Joyce Herman
J. Barrett & Company
(617) 680-5330
5 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72957187
APN: GLOU-000169-000003-000002I
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.
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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