2 Ocean Ave Unit 3C Gloucester, MA 01930
Magnolia NeighborhoodEstimated payment $2,316/month
Highlights
- Beach Front
- Wood Flooring
- Hot Water Heating System
- Ocean View
- Two cooling system units
- Laundry Facilities
About This Home
Enjoy coastal living with a beautiful ocean view in this charming one bedroom, one bath condo at the Ocean Terrace Condominiums in lovely Magnolia. The open living area features sliding doors to a private outdoor balcony with ocean views—perfect for morning coffee and sea breezes. The spacious living room and bedroom offer great natural light; genuine wood flooring throughout; air conditioning; laundry on premises; and assigned parking. Located just moments from beautiful Magnolia Beach, with a brunch/lunch spot, restaurant, and pub only a block away. Enjoy Magnolia’s village charm, shoreline walks in this beautiful and special little oceanside village. A wonderful home, vacation retreat or investment in a sought-after seaside setting.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,549
Year Built
- Built in 2003
Lot Details
- Beach Front
HOA Fees
- $343 Monthly HOA Fees
Home Design
- Entry on the 3rd floor
- Brick Exterior Construction
- Rubber Roof
- Double Stud Wall
Interior Spaces
- 765 Sq Ft Home
- 1-Story Property
- Wood Flooring
- Ocean Views
Kitchen
- Range
- ENERGY STAR Qualified Refrigerator
- Freezer
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
Parking
- 1 Car Parking Space
- Off-Street Parking
- Deeded Parking
Schools
- West Parish Elementary School
- Gloucester High School
Utilities
- Two cooling system units
- Cooling System Mounted In Outer Wall Opening
- Hot Water Heating System
- Electric Baseboard Heater
- 220 Volts
Listing and Financial Details
- Assessor Parcel Number M:0169 B:0003 L:0003(C),1901939
Community Details
Overview
- Association fees include water, insurance, maintenance structure, ground maintenance, snow removal
- 42 Units
- Low-Rise Condominium
Amenities
- Laundry Facilities
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 |
|---|---|---|---|---|
| 01/07/2026 01/07/26 | Pending | -- | -- | -- |
| 12/21/2025 12/21/25 | Price Changed | $339,000 | -3.1% | $443 / Sq Ft |
| 12/20/2025 12/20/25 | For Sale | $350,000 | -- | $458 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $180,000 | -- | |
| Deed | $70,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $83,000 | No Value Available | |
| Previous Owner | $103,000 | No Value Available | |
| Previous Owner | $66,500 | Purchase Money Mortgage | |
| Previous Owner | $3,400 | No Value Available |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73463266
APN: GLOU-000169-000003-000003C
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