NOT LISTED FOR SALE

2 Ocean Ave Unit 3L Gloucester, MA 01930

Magnolia Neighborhood

Estimated Value: $297,000 - $406,000

1 Bed
1 Bath
765 Sq Ft
$426/Sq Ft Est. Value

Last Sold July 03, 2018

Last sale price $193,000 $252 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $2,007/month

About This Home

As of July 2018

Opportunity to live in pristine unit in downtown Magnolia close to shops, restaurants and beach. Stroll along the water on one of Gloucester’s most scenic roads, Shore Road, or wander through the nearby Coolidge Reservation. Commuter Rail stations in Manchester and West Gloucester are a short distance (approximately 3 miles) away. With hardwood floors throughout all of the main living areas and an updated kitchen, this unit shows well and lives comfortably. Slider off living room opens onto small private balcony and wall AC helps keep unit cool during warmer months. One deeded/assigned parking space included—coin operated laundry in building.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2018
Closed on
Jul 3, 2018
Sold by
Sandra S Ross Ret and Ross
Bought by
Hackford Chantal and Hackford George M
Seller's Agent
George Hackford
Coldwell Banker Realty - Gloucester
Buyer's Agent
George Hackford
Coldwell Banker Realty - Gloucester
Sold Price
$1,600
Current Estimated Value
$326,195

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$324,595
Avg. Annual Appreciation
8.23%

Purchase Details

Closed on
Feb 28, 2005
Sold by
Cardin Sara L
Bought by
Ross Thomas P and Ross Sandra S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,000
Interest Rate
5.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 1, 1999
Sold by
Johnson Janet F
Bought by
Cardin Sara L

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hackford Chantal $193,000 --
Ross Thomas P $118,000 --
Cardin Sara L $82,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Eric S $270,750
Previous Owner Cardin Sara L $147,000
Previous Owner Cardin Sara L $118,000
Previous Owner Cardin Sara L $20,000
Previous Owner Cardin Sara L $97,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2021 08/25/21 Rented -- -- --
07/31/2021 07/31/21 Under Contract -- -- --
07/14/2021 07/14/21 For Rent $1,800 +12.5% --
08/16/2019 08/16/19 Rented $1,600 0.0% --
07/18/2019 07/18/19 Under Contract -- -- --
07/09/2019 07/09/19 For Rent $1,600 0.0% --
08/10/2018 08/10/18 Rented $1,600 0.0% --
07/23/2018 07/23/18 Under Contract -- -- --
07/07/2018 07/07/18 For Rent $1,600 0.0% --
07/03/2018 07/03/18 Sold $193,000 -2.5% $252 / Sq Ft
06/10/2018 06/10/18 Pending -- -- --
06/07/2018 06/07/18 For Sale $198,000 -- $259 / Sq Ft

Tax History Compared to Growth

Source: Public Records

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 $2,390 $245,600 $0 $245,600
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

  • Martha Anger

    Seller's Agent in 2021

    Martha Anger

    Compass

    (781) 727-4547

    2 in this area

    18 Total Sales

    Martha Anger
    Section Image

  • W

    Seller's Agent in 2019

    William Nardone

    Coldwell Banker Realty - Manchester

  • Ruth Pino

    Seller's Agent in 2018

    Ruth Pino

    RE/MAX

    6 in this area

    120 Total Sales

    Ruth Pino
    Section Image
  • George Hackford

    Seller's Agent in 2018

    George Hackford

    Coldwell Banker Realty - Gloucester

    Section Image
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Map

Massachusetts Essex County Gloucester 01930 Magnolia

2 Ocean Ave Unit 3L, Gloucester, MA

Homes for Sale in Gloucester, MA

This home is located at 2 Ocean Ave Unit 3L, Gloucester, MA 01930 and is currently estimated at $326,195, approximately $426 per square foot. 2 Ocean Ave Unit 3L is a home located in Essex County with nearby schools including West Parish, Ralph B O'maley Middle School, and Gloucester High School.

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.