C
Seller's Agent in 2025
Candor Realty Group
Four Points Real Estate, LLC
(978) 710-5616
1 in this area
390 Total Sales
2 Ocean Ave Unit 3H Gloucester, MA 01930
Magnolia Neighborhood
2
Beds
1
Bath
870
Sq Ft
$385/ mo
HOA Fee
Highlights
- Marina
- Waterfront
- Deck
- Golf Course Community
- Custom Closet System
- Property is near public transit
About This Home
As of August 2025Great opportunity to own a newly renovated 2-bedroom, 1-bathroom unit in the heart of Gloucester. Freshly painted with new flooring, updated bathroom vanity, and granite countertops, this home is move-in ready. Enjoy the spacious bedrooms bathed in natural light and featuring new wall-to-wall carpeting. Whether you're seeking a comfortable home or a promising investment opportunity, this unit won't last long. Its prime location near parks, golf courses, public beaches, and highway access offers convenience and lifestyle appeal. Buyer/Buyer's agent to do own due diligence. Listing agency has vested interest. Seller has never occupied property and has limited knowledge.
Last Agent to Sell the Property
Four Points Real Estate, LLC Listed on: 04/22/2025
Co-Listed By
Carla Sacasa
eXp Realty
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,190
Year Built
- Built in 2003
Lot Details
- Waterfront
- Sprinkler System
HOA Fees
- $385 Monthly HOA Fees
Home Design
- Entry on the 3rd floor
Interior Spaces
- 870 Sq Ft Home
- 1-Story Property
Kitchen
- Range
- Microwave
- Dishwasher
- Solid Surface Countertops
Flooring
- Wall to Wall Carpet
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 2 Bedrooms
- Custom Closet System
- 1 Full Bathroom
- Bathtub with Shower
Parking
- 1 Car Parking Space
- Deeded Parking
Outdoor Features
- Balcony
- Deck
Location
- Property is near public transit
Utilities
- Cooling System Mounted In Outer Wall Opening
- Heating Available
- 220 Volts
- Private Sewer
Listing and Financial Details
- Assessor Parcel Number M:0169 B:0003 L:0003(H),1901956
Community Details
Overview
- Association fees include water, sewer, insurance, maintenance structure, road maintenance, ground maintenance, snow removal, trash, reserve funds
- 42 Units
- Mid-Rise Condominium
- Ocean Terrace Condominium Trust Community
Amenities
- Community Garden
- Shops
- Laundry Facilities
Recreation
- Marina
- Golf Course Community
- Jogging Path
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 22, 2025
Closed on
Aug 4, 2025
Sold by
Jmt Condo Holdings Llc
Bought by
Fortuna Allison and Hurst Devon
Seller's Agent
Candor Realty Group
Four Points Real Estate, LLC
Buyer's Agent
Cathy Johnson
William Raveis R.E. & Home Services
List Price
$379,900
Sold Price
$340,000
Premium/Discount to List
-$39,900
-10.5%
Views
192
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
$20,898
Avg. Annual Appreciation
3.06%
Original Mortgage
$315,000
Outstanding Balance
$313,645
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$32,774
Purchase Details
Closed on
Jun 13, 2024
Sold by
Forestdale T T T and Forestdale Webber
Bought by
Jmt Condo Holdings Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,458,000
Interest Rate
7.22%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 21, 2024
Sold by
Webber Jane M
Bought by
Forestdale T T T and Forestdale Webber
Purchase Details
Closed on
Dec 16, 2013
Sold by
Webber Jane M and Miller Thomas W
Bought by
Webber Jane M
Purchase Details
Closed on
Jun 10, 2008
Sold by
Miller Emery L
Bought by
Miller Emery L
Purchase Details
Closed on
Oct 7, 1988
Sold by
Tucker Arthur C
Bought by
Doyle Wm J
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $340,000 | -- | |
| Quit Claim Deed | $340,000 | -- | |
| Deed | $340,000 | -- | |
| Condominium Deed | $299,720 | None Available | |
| Condominium Deed | $299,720 | None Available | |
| Condominium Deed | $299,720 | None Available | |
| Condominium Deed | $299,720 | None Available | |
| Condominium Deed | -- | None Available | |
| Condominium Deed | -- | None Available | |
| Condominium Deed | -- | None Available | |
| Condominium Deed | -- | None Available | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | $99,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $315,000 | New Conventional | |
| Closed | $315,000 | New Conventional | |
| Previous Owner | $3,458,000 | Purchase Money Mortgage | |
| Previous Owner | $20,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/04/2025 08/04/25 | Sold | $340,000 | -1.4% | $391 / Sq Ft |
| 07/03/2025 07/03/25 | Pending | -- | -- | -- |
| 06/23/2025 06/23/25 | Price Changed | $344,900 | -1.4% | $396 / Sq Ft |
| 06/16/2025 06/16/25 | Price Changed | $349,900 | -1.4% | $402 / Sq Ft |
| 06/11/2025 06/11/25 | Price Changed | $354,900 | -1.4% | $408 / Sq Ft |
| 06/04/2025 06/04/25 | Price Changed | $359,900 | -1.4% | $414 / Sq Ft |
| 05/28/2025 05/28/25 | Price Changed | $364,900 | -1.4% | $419 / Sq Ft |
| 05/05/2025 05/05/25 | Price Changed | $369,900 | -2.6% | $425 / Sq Ft |
| 04/22/2025 04/22/25 | For Sale | $379,900 | -- | $437 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
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 | $3,403 | $350,100 | $0 | $350,100 |
| 2024 | $3,190 | $327,900 | $0 | $327,900 |
| 2023 | $3,057 | $288,700 | $0 | $288,700 |
| 2022 | $3,133 | $267,100 | $0 | $267,100 |
| 2021 | $3,122 | $251,000 | $0 | $251,000 |
| 2020 | $3,095 | $251,000 | $0 | $251,000 |
| 2019 | $2,544 | $200,500 | $0 | $200,500 |
| 2018 | $2,399 | $185,500 | $0 | $185,500 |
| 2017 | $2,105 | $159,600 | $0 | $159,600 |
| 2016 | $2,037 | $149,700 | $0 | $149,700 |
| 2015 | $1,959 | $143,500 | $0 | $143,500 |
Source: Public Records
Agents Affiliated with this Home
-
Candor Realty Group
-
C
Seller Co-Listing Agent in 2025
Carla Sacasa
eXp Realty
-
Cathy Johnson
Buyer's Agent in 2025
Cathy Johnson
William Raveis R.E. & Home Services
(978) 857-2001
1 in this area
101 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73362370
APN: GLOU-000169-000003-000003H
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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