NOT LISTED FOR SALE

2 Ocean Ave Unit A1 Gloucester, MA 01930

Magnolia Neighborhood

Estimated Value: $386,304 - $419,000

2 Beds
1 Bath
870 Sq Ft
$464/Sq Ft Est. Value

About This Home

Furnished SHORT TERM Rental available January through June! This Condominium boasts Single-level living and is just a sidewalks stroll to the stunning shoreline and Magnolia Beach. This ground level unit features a generously sized bedroom with large windows and ample closet space. The second bedroom is currently used as an office, with the landlord retaining use of the closet. The living room has great light through the double sliding doors and has peaks of the ocean! There is a laundry located right down the hall and 1 private / assigned parking space. Close to Downtown Magnolia's shops, restaurants and more...the location is fantastic! Tenant pays electric. Lease goes until June, 2024. First month and Security deposit required upon acceptance.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 3, 2021
Sold by
Johnson Ft
Bought by
Wrm Ret
Current Estimated Value
$404,076

Purchase Details

Closed on
Nov 2, 2010
Sold by
Johnson Mary Jane
Bought by
Johnson Ft

Purchase Details

Closed on
Jul 27, 2007
Sold by
Whitney Gale and Whitney Marlin
Bought by
Johnson Mary

Purchase Details

Closed on
Nov 2, 2004
Sold by
Jdh Rt
Bought by
Whitney Marlin and Whitney Gale

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,600
Interest Rate
5.74%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 31, 1992
Sold by
Brown Marianne M
Bought by
Unit One A Ocean Ter

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
Wrm Ret $375,000 None Available
Johnson Ft -- --
Johnson Mary $235,000 --
Whitney Marlin $237,000 --
Unit One A Ocean Ter $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wrm Ret $150,000
Previous Owner Unit One A Ocean Ter $189,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/19/2024 01/19/24 Rented $1,650 0.0% --
01/18/2024 01/18/24 Under Contract -- -- --
01/04/2024 01/04/24 Price Changed $1,650 -10.8% $2 / Sq Ft
11/08/2023 11/08/23 For Rent $1,850 +48.0% --
04/02/2023 04/02/23 Rented $1,250 0.0% --
03/31/2023 03/31/23 Under Contract -- -- --
03/27/2023 03/27/23 For Rent $1,250 -- --

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 $3,262 $335,300 $0 $335,300
2024 $3,262 $335,300 $0 $335,300
2023 $3,125 $295,100 $0 $295,100
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

  • Kate Richard

    Seller's Agent in 2024

    Kate Richard

    J. Barrett & Company

    (978) 252-0322

    3 in this area

    72 Total Sales

    Kate Richard
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Map

Massachusetts Essex County Gloucester 01930 Magnolia

2 Ocean Ave Unit A1, Gloucester, MA

Homes for Sale in Gloucester, MA

This home is located at 2 Ocean Ave Unit A1, Gloucester, MA 01930 and is currently estimated at $404,076, approximately $464 per square foot. 2 Ocean Ave Unit A1 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.