NOT LISTED FOR SALE

Estimated Value: $326,000 - $356,000

1 Bed
1 Bath
765 Sq Ft
2003 Built

Sale Details

Date Sold: February 19, 2026

Last sale price $339,000 $443 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,439 / mo

20 Days on Market

Highlights

  • Marina
  • Medical Services
  • Property is near a beach
  • Ocean View
  • No Units Above
  • Landscaped Professionally

About This Home

As of February 2026

Live near the sea and enjoy the water views from this top level condominium unit at Ocean Terrace. Open floor plan with large pass through from the fully applianced kitchen to the dining area/living room. From the living room access your own private use balcony to enjoy the ocean views. Living room has in wall a/c unit. Single-level living. Temperature control for each room. One car assigned parking. Short distance to Magnolia Village with its restaurants, shopping and Magnolia Beach. Short distance to the MBTA to Boston originating out of West Gloucester or Manchester.

Last Agent to Sell the Property

Devin Caglayan

All County Select Property Management Listed on: 12/20/2025

Last Buyer's Agent

Kathryn Tully

Century 21 North East

Century 21 North East

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,549

Year Built

  • Built in 2003

Lot Details

  • No Units Above
  • Landscaped Professionally

HOA Fees

  • $343 Monthly HOA Fees

Home Design

  • Entry on the 3rd floor
  • Frame Construction
  • Blown Fiberglass Insulation
  • Rubber Roof

Interior Spaces

  • 765 Sq Ft Home
  • 1-Story Property
  • Recessed Lighting
  • Insulated Windows
  • Window Screens
  • Sliding Doors
  • Ocean Views
  • Intercom

Kitchen

  • Breakfast Bar
  • Range with Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • Primary bedroom located on third floor
  • 1 Full Bathroom
  • Bathtub with Shower
  • Linen Closet In Bathroom

Parking

  • 1 Car Parking Space
  • Off-Street Parking
  • Assigned Parking

Outdoor Features

  • Property is near a beach
  • Balcony
  • Deck

Location

  • Property is near public transit and schools

Schools

  • West Parish Elementary School
  • O'maley Middle School
  • Gloucester High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • 1 Cooling Zone
  • 3 Heating Zones
  • Electric Baseboard Heater
  • Private Sewer
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 1901974

Community Details

Overview

  • Association fees include water, sewer, insurance, maintenance structure, ground maintenance, snow removal, trash
  • 42 Units
  • Mid-Rise Community
  • Ocean Terrace Condominiums Community

Amenities

  • Medical Services
  • Common Area
  • Laundry Facilities

Recreation

  • Marina
  • Jogging Path

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,549

Year Built

Built in 2003

Lot Details

0 Sq Ft Lot

HOA Fees

$343 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Mid-Rise
  • Year Built: 2003
  • Entry Level: 3
  • Year Built Details: Actual
  • Year Round: Yes
  • MLSPIN_BEACHFRONT_FLAG: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Vinyl, Carpet
  • Entry Location: Unit Placement(Upper)
  • Fireplace YN: No
  • Appliances: Range, Dishwasher, Microwave, Refrigerator, Range Hood
  • Total Bedrooms: 1
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Features: Closet, Flooring - Wall to Wall Carpet
  • Room Master Bedroom Level: Third
  • Bathroom 1 Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower, Closet - Linen
  • Bathroom 1 Level: Third
  • Room Kitchen Level: Third
  • Room Kitchen Features: Flooring - Vinyl, Breakfast Bar / Nook, Recessed Lighting
  • Laundry Features: In Building
  • Room Living Room Level: Third
  • Room Living Room Features: Flooring - Wall to Wall Carpet, Balcony / Deck, High Speed Internet Hookup, Slider
  • Basement: N
  • Above Grade Finished Sq Ft: 765
  • Living Area: 765
  • Other Equipment: Intercom
  • Spa YN: No
  • Stories Total: 1
  • Window Features: Insulated Windows, Screens
  • MAIN LO: AC1977
  • MAIN SO: AN4339
  • Insulation: Full, Fiberglass

Exterior Features

  • Exterior Features: Deck - Wood, Screens, Professional Landscaping
  • Common Walls: No One Above
  • Construction Materials: Frame
  • Home Warranty YN: No
  • Patio And Porch Features: Deck - Wood
  • Roof: Rubber
  • Waterfront Features: 1/10 to 3/10 To Beach
  • Waterfront YN: No
  • Waterview Flag: Yes

Garage/Parking

  • Garage YN: No
  • Open Parking Spaces: 1
  • Parking Features: Off Street, Assigned
  • Total Parking Spaces: 1

Utilities

  • Sewer: Private Sewer
  • Utilities: for Electric Range, for Electric Oven
  • Cooling: Wall Unit(s)
  • Heating: Electric Baseboard
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Security Features: Intercom
  • Water Source: Public
  • HEAT ZONES: 3
  • COOLING ZONES: 1

Condo/Co-op/Association

  • Association Amenities: Laundry
  • Association Fee: 343.08
  • Association Fee Frequency: Monthly
  • Community Features: Public Transportation, Walk/Jog Trails, Medical Facility, House of Worship, Marina, Public School
  • Senior Community YN: No
  • MANAGEMENT: Professional - Off Site

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash

Lot Info

  • Parcel Number: 1901974
  • Zoning: VB
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Property Attached YN: Yes
  • OUTDOOR SPACE AVAILABLE: Yes - Common

Rental Info

  • Pets Allowed: No

Tax Info

  • Tax Year: 2026
  • Tax Annual Amount: 2548.8

Multi Family

  • Number Of Units Total: 42
  • Basement Included Sq Ft: No
  • Waterview: Ocean, Walk to

MLS Schools

  • High School: Gloucester
  • Elementary School: West Parish
  • Middle Or Junior School: O'maley

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Magnolia, MA

See All Agents

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/19/2026 02/19/26 Sold $339,000 0.0% $443 / Sq Ft
01/09/2026 01/09/26 Pending -- -- --
12/20/2025 12/20/25 For Sale $339,000 +55.9% $443 / Sq Ft
07/15/2019 07/15/19 Sold $217,500 -3.3% $284 / Sq Ft View Prior Sale
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73463259

MLS Property Information Network (MLS PIN)

APN: GLOU-000169-000003-000003B

Your Personal Tour Guide

Ask me questions while you tour the home.