2 Ocean Ave Unit 3B Gloucester, MA 01930
Magnolia NeighborhoodEstimated Value: $324,000 - $371,000
1
Bed
1
Bath
765
Sq Ft
$288/mo
HOA Fee
Highlights
- Ocean View
- Electric Baseboard Heater
- Wall to Wall Carpet
About This Home
As of July 2019Enjoy coastal living in this delightful, pristine top-level village condominium unit. This unit offers a modern living arrangement with a fully-applianced eat-in kitchen that opens into an inviting living room. A special feature of this unit is when one enters the living room and onto an exclusive use balcony to enjoy the ocean vista and refreshing ocean breezes. Well lit rooms are spaciously laid out with ample closets. Other important features include air conditioning, single-level living, temperature control for each room, one-car assigned parking and a condo unit situated a very short distance to Magnolia Village with its restaurants and shopping and Magnolia Beach. Short distance to the MBTA to Boston originating out of West Gloucester or Manchester.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,390
Year Built
- Built in 2003
HOA Fees
- $288 per month
Kitchen
- Range with Range Hood
- Microwave
- Dishwasher
Flooring
- Wall to Wall Carpet
- Vinyl
Utilities
- Cooling System Mounted In Outer Wall Opening
- Electric Baseboard Heater
- Electric Water Heater
- Private Sewer
- Cable TV Available
Additional Features
- Ocean Views
- Year Round Access
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 10, 2019
Closed on
Jul 15, 2019
Sold by
Makhlouta Delia J and Makhlouta Halim N
Bought by
Ross Clark G
Seller's Agent
Richard Petralia
Churchill Properties
Buyer's Agent
Hope Watt-Bucci
Coldwell Banker Realty - Manchester
List Price
$225,000
Sold Price
$217,500
Premium/Discount to List
-$7,500
-3.33%
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
$122,530
Avg. Annual Appreciation
7.24%
Original Mortgage
$170,000
Outstanding Balance
$150,749
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$179,062
Purchase Details
Closed on
Dec 14, 2009
Sold by
Brimicombe Nancy M
Bought by
Makhlouta Halim N
Purchase Details
Closed on
Dec 15, 1997
Sold by
Canale Violet and Guarino Anna M
Bought by
Brimicombe Nancy M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.14%
Mortgage Type
Purchase Money Mortgage
Similar Homes in Gloucester, MA
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 |
|---|---|---|---|
| Ross Clark G | $217,500 | -- | |
| Makhlouta Halim N | $157,500 | -- | |
| Brimicombe Nancy M | $74,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ross Clark G | $170,000 | |
| Previous Owner | Brimicombe Nancy M | $49,500 | |
| Previous Owner | Brimicombe Nancy M | $45,196 | |
| Previous Owner | Brimicombe Nancy M | $25,000 | |
| Previous Owner | Brimicombe Nancy M | $50,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/15/2019 07/15/19 | Sold | $217,500 | -3.3% | $284 / Sq Ft |
| 05/29/2019 05/29/19 | Pending | -- | -- | -- |
| 05/03/2019 05/03/19 | Price Changed | $225,000 | 0.0% | $294 / Sq Ft |
| 05/03/2019 05/03/19 | For Sale | $225,000 | +4.7% | $294 / Sq Ft |
| 04/16/2019 04/16/19 | Pending | -- | -- | -- |
| 04/10/2019 04/10/19 | For Sale | $215,000 | 0.0% | $281 / Sq Ft |
| 09/08/2017 09/08/17 | Rented | $1,495 | 0.0% | -- |
| 09/02/2017 09/02/17 | Under Contract | -- | -- | -- |
| 07/19/2017 07/19/17 | For Rent | $1,495 | 0.0% | -- |
| 07/11/2017 07/11/17 | Under Contract | -- | -- | -- |
| 07/02/2017 07/02/17 | For Rent | $1,495 | 0.0% | -- |
| 06/24/2017 06/24/17 | Off Market | $1,495 | -- | -- |
| 06/19/2017 06/19/17 | For Rent | $1,495 | +6.8% | -- |
| 04/03/2015 04/03/15 | Rented | $1,400 | -5.7% | -- |
| 03/04/2015 03/04/15 | Under Contract | -- | -- | -- |
| 12/27/2014 12/27/14 | For Rent | $1,485 | -- | -- |
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
-
Richard Petralia
Seller's Agent in 2019
Richard Petralia
Churchill Properties
(978) 239-6207
13 Total Sales
-
Hope Watt-Bucci
Buyer's Agent in 2019
Hope Watt-Bucci
Coldwell Banker Realty - Manchester
(978) 808-5451
3 in this area
63 Total Sales
-
Bianca Garcia
Buyer's Agent in 2015
Bianca Garcia
Berkshire Hathaway HomeServices Verani Realty
(603) 560-6029
4 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72479529
APN: GLOU-000169-000003-000003B
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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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