Seller's Agent in 2023
Kimberly Lorden
Advisors Living - Gloucester
(978) 879-6746
1 in this area
53 Total Sales
2 Ocean Ave Unit 3D Gloucester, MA 01930
Magnolia NeighborhoodEstimated Value: $262,000 - $293,000
1
Bed
1
Bath
535
Sq Ft
$180/mo
HOA Fee
Highlights
- No Units Above
- Wood Flooring
- Dual Closets
- Open Floorplan
- Balcony
- Crown Molding
About This Home
As of May 2023Magnolia oasis - Don’t miss this opportunity to own this immaculate studio apartment in an amazing location. A great weekend getaway, primary residence or investment property. Leave the slider open to enjoy the salt-air breeze. Step out onto the private balcony to sip your morning coffee. Inside, the sunlight glistens on the hardwood floors. The kitchen has ample cabinet space and full-size appliances including refrigerator, range, microwave and dishwasher. You will love all the storage with two double closets and a large linen closet. Ocean Terrace Condominiums are set in a quaint seaside village with restaurants, shops, Magnolia Beach and Magnolia Pier. First showings this weekend at the Open House, Saturday and Sunday.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,935
Year Built
- Built in 2003
HOA Fees
- $180 Monthly HOA Fees
Parking
- 1 Car Parking Space
Interior Spaces
- 535 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Crown Molding
- Wainscoting
- Recessed Lighting
- Sliding Doors
- Exterior Basement Entry
Kitchen
- Range
- Dishwasher
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- Primary bedroom located on third floor
- Dual Closets
- 1 Full Bathroom
- Bathtub with Shower
Utilities
- Cooling System Mounted In Outer Wall Opening
- 1 Cooling Zone
- 2 Heating Zones
- Heating Available
- Electric Water Heater
- Private Sewer
Additional Features
- Balcony
- No Units Above
Listing and Financial Details
- Assessor Parcel Number M:0169 B:0003 L:0003(D),1901974
Community Details
Overview
- Association fees include water, sewer, insurance, maintenance structure, ground maintenance, snow removal, trash, reserve funds
- 42 Units
- Ocean Terrace Condominiums Community
Amenities
- Laundry Facilities
Pet Policy
- No Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 27, 2023
Closed on
May 8, 2023
Sold by
Cocotas Linda A and Lacey Heather
Bought by
Ruggiero Peter
Seller's Agent
Kimberly Lorden
Advisors Living - Gloucester
Buyer's Agent
Jackelyn Enslow
J. Barrett & Company
List Price
$249,900
Sold Price
$270,000
Premium/Discount to List
$20,100
8.04%
Total Days on Market
8
Views
178
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
$8,705
Avg. Annual Appreciation
1.62%
Purchase Details
Closed on
Dec 20, 2021
Sold by
Cocotas Linda A
Bought by
Cocotas Linda A
Purchase Details
Closed on
Mar 9, 1998
Sold by
Heneghan Ethel and Heneghan Sean F
Bought by
Cocotas Linda A
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ruggiero Peter | $270,000 | None Available | |
| Cocotas Linda A | -- | None Available | |
| Cocotas Linda A | $55,000 | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/15/2023 05/15/23 | Sold | $270,000 | +8.0% | $505 / Sq Ft |
| 04/05/2023 04/05/23 | Pending | -- | -- | -- |
| 03/27/2023 03/27/23 | For Sale | $249,900 | -- | $467 / Sq Ft |
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 | $2,016 | $207,200 | $0 | $207,200 |
| 2024 | $2,016 | $207,200 | $0 | $207,200 |
| 2023 | $1,935 | $182,700 | $0 | $182,700 |
| 2022 | $1,985 | $169,200 | $0 | $169,200 |
| 2021 | $1,979 | $159,100 | $0 | $159,100 |
| 2020 | $1,962 | $159,100 | $0 | $159,100 |
| 2019 | $1,871 | $147,400 | $0 | $147,400 |
| 2018 | $1,765 | $136,500 | $0 | $136,500 |
| 2017 | $1,550 | $117,500 | $0 | $117,500 |
| 2016 | $1,501 | $110,300 | $0 | $110,300 |
| 2015 | $1,383 | $101,300 | $0 | $101,300 |
Source: Public Records
Agents Affiliated with this Home
-
Kimberly Lorden
-
Buyer's Agent in 2023
Jackelyn Enslow
J. Barrett & Company
(978) 979-2647
Map
Similar Homes in Gloucester, MA
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73091808
APN: GLOU-000169-000003-000003D
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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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