Deborah Evans
J. Barrett & Company
(351) 215-0813
114 Total Sales
1 in Magnolia
$1,200,000 Price
2 Ocean Ave Unit 3C Gloucester, MA 01930
Magnolia NeighborhoodEstimated Value: $345,205
1
Bed
1
Bath
765
Sq Ft
2003
Built
Highlights
- Ocean View
- Wood Flooring
- Hot Water Heating System
- Property is near a beach
- Two cooling system units
- Laundry Facilities
About This Home
As of February 2026Enjoy 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.
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Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,549
Year Built
- Built in 2003
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
Outdoor Features
- Property is near a beach
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),1901943
Community Details
Overview
- Association fees include water, insurance, maintenance structure, ground maintenance, snow removal
- 42 Units
- Low-Rise Community
Amenities
- Laundry Facilities
Ownership 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
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 20, 2025
Closed on
Feb 12, 2026
Sold by
Chamberlin Justine
Bought by
Seller's Agent
Derek Greene
The Greene Realty Group
Buyer's Agent
Katelyn Ciaramitaro
Engel & Volkers By the Sea
List Price
$350,000
Sold Price
$342,500
Premium/Discount to List
-$7,500
-2.14%
Views
61
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
$2,705
Avg. Annual Appreciation
1.41%
Purchase Details
Closed on
Oct 9, 2025
Sold by
Fay Valerie
Bought by
Chamberlin Justine and Fay David
Purchase Details
Closed on
Mar 18, 1994
Sold by
Fay David
Bought by
Fay Valerie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,400
Interest Rate
6.9%
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Magnolia, MA
-
Deborah Evans
-
Kelly Blagden
Kelly Blagden
Churchill Properties
(351) 207-3384
16 Total Sales
2 in Magnolia
$313K - $1.2M Price Range
-
Pete Castrichini
Pete Castrichini
Barry Realty Group
(978) 416-5699
25 Total Sales
1 in Magnolia
$450,000 Price
-
Katelyn Ciaramitaro
Katelyn Ciaramitaro
Responds QuicklyEngel & Volkers By the Sea
(978) 969-9322
28 Total Sales
1 in Magnolia
$342,500 Price
-
Claudette Forbes
Claudette Forbes
LAER Realty Partners
(978) 459-1434
25 Total Sales
1 in Magnolia
$410,000 Price
-
Dianna Vredenburgh
Dianna Vredenburgh
Responds QuicklyCompass
(978) 778-2223
49 Total Sales
1 in Magnolia
$2,350,000 Price
Purchase 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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $342,500 | -- | ||
| Chamberlin Justine | $180,000 | -- | |
| Fay Valerie | $70,000 | -- |
Source: Public Records
Mortgage 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 | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $83,000 | ||
| Previous Owner | Fay Valerie A | $103,000 | |
| Previous Owner | Fay Valerie A | $26,600 | |
| Previous Owner | Fay Valerie A | $3,400 |
Source: Public Records
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 |
|---|---|---|---|---|
| 02/27/2026 02/27/26 | Sold | $342,500 | +1.0% | $448 / 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 |
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
-
Derek Greene
Seller's Agent in 2026
Derek Greene
The Greene Realty Group
(888) 278-5840
1 in this area
3,323 Total Sales
-
Katelyn Ciaramitaro
Buyer's Agent in 2026
Katelyn Ciaramitaro
Engel & Volkers By the Sea
(978) 473-0922
1 in this area
28 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73463266
APN: GLOU-000169-000003-000003C
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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