2 Ocean Ave Unit 2K Gloucester, MA 01930
Magnolia NeighborhoodEstimated payment $2,354/month
Highlights
- Beach Front
- Medical Services
- Main Floor Primary Bedroom
- Marina
- Property is near public transit and schools
- Jogging Path
About This Home
Coastal living just one block from the beach! This beautifully updated 1-bedroom condo offers 765 sq ft of comfortable, low-maintenance living in an unbeatable location in Magnolia village. Freshly painted throughout, the unit features brand-new waterproof luxury vinyl flooring and a bright, open layout connecting the living, dining, and kitchen areas. The spacious bedroom includes generous closet space, and the private balcony is perfect for morning coffee or enjoying the ocean breeze. With multiple recent sales in the building, demand here is proven — ideal for first-time buyers, downsizers, investors, or anyone seeking a beachside retreat. Move in and start enjoying the coastal lifestyle.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,549
Year Built
- Built in 2003
HOA Fees
- $327 Monthly HOA Fees
Home Design
- Garden Home
- Entry on the 2nd floor
- Frame Construction
- Shingle Roof
Interior Spaces
- 765 Sq Ft Home
- 1-Story Property
- Insulated Windows
- Vinyl Flooring
- Intercom
Kitchen
- Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 1 Primary Bedroom on Main
- 1 Full Bathroom
Parking
- 1 Car Parking Space
- Paved Parking
- 1 Open Parking Space
- Off-Street Parking
- Assigned Parking
Utilities
- Cooling System Mounted In Outer Wall Opening
- 1 Cooling Zone
- 1 Heating Zone
- Heating Available
- Private Sewer
Additional Features
- Balcony
- Beach Front
- Property is near public transit and schools
Listing and Financial Details
- Assessor Parcel Number M:0169 B:0003 L:0002(K),1901948
Community Details
Overview
- Association fees include water, sewer, insurance, ground maintenance, snow removal
- 42 Units
- Ocean Terrace Condominium Community
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Marina
- Jogging Path
- Bike Trail
Pet Policy
- No Pets Allowed
Map
Home Values in the Area
Average Home Value in this Area
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 | $2,549 | $262,200 | $0 | $262,200 |
| 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 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/17/2026 03/17/26 | Price Changed | $345,000 | -1.1% | $451 / Sq Ft |
| 02/18/2026 02/18/26 | For Sale | $349,000 | 0.0% | $456 / Sq Ft |
| 10/05/2016 10/05/16 | Rented | $1,200 | 0.0% | -- |
| 09/05/2016 09/05/16 | Under Contract | -- | -- | -- |
| 08/23/2016 08/23/16 | For Rent | $1,200 | +9.1% | -- |
| 05/01/2015 05/01/15 | Rented | $1,100 | 0.0% | -- |
| 04/01/2015 04/01/15 | Under Contract | -- | -- | -- |
| 03/30/2015 03/30/15 | For Rent | $1,100 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | -- | |
| Deed | $103,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $85,200 | No Value Available | |
| Previous Owner | $92,700 | Purchase Money Mortgage |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73478156
APN: GLOU-000169-000003-000002K
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.
- 24 Flume Rd
- 53 Raymond St
- 468 Summer St
- 450 Summer St
- 239 Summer St
- 8 Forest St
- 100 Eastern Point Blvd
- 5 Marshfield St
- 4 Cobb Ave
- 368 Essex Ave
- 6 Smith Ln Unit 6
- 5 Lepage Ln
- 25 Masconomo St
- 24 Cobblestone Ln Unit 603
- 45 School St
- 8 Flatley Ave
- 145 Essex Ave Unit 402
- 5 Samoset Rd Unit B
- 13 Leslie o Johnson Rd
- 26 Central St
- 2 Ocean Ave Unit 3F
- 45 Raymond St Unit 7
- 83 Hesperus Ave
- 23 Ocean St
- 17 Lyndale Ave
- 17 Fort Hill Ave
- 4 Allen Ave Unit 1
- 56 Summer St Unit A
- 950 Heights at Cape Ann
- 1 School St Unit R8
- 1 School St Unit R2
- 21 Central St Unit 1
- 21 Saw Mill Cir
- 1 Powder House Ln
- 29 Central St Unit 1
- 6 Stanwood Point Unit A
- 12 Hampden St Unit 12
- 110 Commercial St
- 48 Proctor St
- 10 Commonwealth Ave
Ask me questions while you tour the home.