54 Lexington Ave Unit 32 Gloucester, MA 01930
Magnolia NeighborhoodEstimated payment $2,256/month
Total Views
16,912
1
Bed
1
Bath
400
Sq Ft
$810
Price per Sq Ft
Highlights
- Ocean View
- Landscaped Professionally
- Wood Flooring
- Open Floorplan
- Property is near public transit
- 5-minute walk to Gray Beach
About This Home
LIVE BY THE OCEAN Under $330K – Seller Paying HOA Through 2025.Top-floor studio with ocean views. Ideal as a weekend escape, pied-a-terre, or low-maintenance investment. Features 1920s hardwood floors, granite counters, Anderson windows, full kitchen, and tile bath. Includes private deck, parking, storage shed, on-site laundry, and heat + hot water in condo fee. Walk to Gray Beach, Magnolia Pier, Shore Rd, and Coolidge Reservation. Between Gloucester and Manchester-by-the-Sea. Seller will cover 100% of condo fees through 2025 with accepted offer by July 31.
Listing Agent
Patricia Nunez
Redfin Corp. Listed on: 05/07/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,335
Year Built
- Built in 1920
Lot Details
- Near Conservation Area
- Landscaped Professionally
HOA Fees
- $272 Monthly HOA Fees
Home Design
- Frame Construction
- Shingle Roof
Interior Spaces
- 400 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Recessed Lighting
- Ocean Views
- Exterior Basement Entry
Kitchen
- Range
- Microwave
- Solid Surface Countertops
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 1 Primary Bedroom on Main
- 1 Full Bathroom
- Bathtub with Shower
Parking
- 1 Car Parking Space
- Off-Street Parking
- Assigned Parking
Outdoor Features
- Walking Distance to Water
- Balcony
- Covered Deck
- Covered patio or porch
- Outdoor Storage
Location
- Property is near public transit
- Property is near schools
Utilities
- No Cooling
- 1 Heating Zone
- Heating System Uses Oil
- Baseboard Heating
- Hot Water Heating System
- Private Sewer
Listing and Financial Details
- Assessor Parcel Number M:0167 B:0017 L:0032,4564276
Community Details
Overview
- Association fees include heat, water, sewer, insurance, maintenance structure, ground maintenance, snow removal, trash, reserve funds
- 11 Units
- Mid-Rise Condominium
Amenities
- Shops
- Laundry Facilities
- Community Storage Space
Recreation
- Park
- Jogging Path
Pet Policy
- Pets Allowed
Map
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Home Values in the Area
Average Home Value in this Area
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 | $2,335 | $240,000 | $0 | $240,000 |
| 2024 | $2,335 | $240,000 | $0 | $240,000 |
| 2023 | $2,262 | $213,600 | $0 | $213,600 |
| 2022 | $2,269 | $193,400 | $0 | $193,400 |
| 2021 | $2,263 | $181,900 | $0 | $181,900 |
| 2020 | $2,243 | $181,900 | $0 | $181,900 |
| 2019 | $2,247 | $177,100 | $0 | $177,100 |
| 2018 | $2,121 | $164,000 | $0 | $164,000 |
| 2017 | $1,773 | $134,400 | $0 | $134,400 |
| 2016 | $1,684 | $123,700 | $0 | $123,700 |
| 2015 | $1,652 | $121,000 | $0 | $121,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/29/2025 07/29/25 | Price Changed | $324,000 | -1.5% | $810 / Sq Ft |
| 07/02/2025 07/02/25 | Price Changed | $329,000 | -2.9% | $823 / Sq Ft |
| 06/24/2025 06/24/25 | Price Changed | $339,000 | -3.0% | $848 / Sq Ft |
| 06/19/2025 06/19/25 | Price Changed | $349,500 | -2.1% | $874 / Sq Ft |
| 06/10/2025 06/10/25 | Price Changed | $357,000 | -2.7% | $893 / Sq Ft |
| 05/22/2025 05/22/25 | Price Changed | $367,000 | -2.1% | $918 / Sq Ft |
| 05/07/2025 05/07/25 | For Sale | $375,000 | +18.3% | $938 / Sq Ft |
| 07/26/2024 07/26/24 | Sold | $317,000 | -0.6% | $793 / Sq Ft |
| 06/11/2024 06/11/24 | Pending | -- | -- | -- |
| 06/07/2024 06/07/24 | For Sale | $319,000 | +17.7% | $798 / Sq Ft |
| 06/03/2022 06/03/22 | Sold | $271,000 | +15.8% | $678 / Sq Ft |
| 04/26/2022 04/26/22 | Pending | -- | -- | -- |
| 04/20/2022 04/20/22 | For Sale | $234,000 | +2.2% | $585 / Sq Ft |
| 07/13/2021 07/13/21 | Sold | $229,000 | 0.0% | $573 / Sq Ft |
| 06/27/2021 06/27/21 | Pending | -- | -- | -- |
| 06/22/2021 06/22/21 | Price Changed | $229,000 | -8.0% | $573 / Sq Ft |
| 05/19/2021 05/19/21 | Price Changed | $249,000 | -10.8% | $623 / Sq Ft |
| 05/06/2021 05/06/21 | For Sale | $279,000 | +152.5% | $698 / Sq Ft |
| 10/24/2013 10/24/13 | Sold | $110,500 | 0.0% | $276 / Sq Ft |
| 10/02/2013 10/02/13 | Pending | -- | -- | -- |
| 09/30/2013 09/30/13 | Off Market | $110,500 | -- | -- |
| 09/18/2013 09/18/13 | Price Changed | $119,900 | -14.3% | $300 / Sq Ft |
| 08/30/2013 08/30/13 | For Sale | $139,900 | -- | $350 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Condominium Deed | $229,000 | None Available | |
| Condominium Deed | $229,000 | None Available | |
| Deed | -- | -- | |
| Not Resolvable | $62,500 | -- | |
| Deed | -- | -- | |
| Not Resolvable | $110,500 | -- | |
| Foreclosure Deed | $81,600 | -- | |
| Foreclosure Deed | $81,600 | -- | |
| Deed | $174,500 | -- | |
| Deed | $174,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $237,750 | Purchase Money Mortgage | |
| Closed | $237,750 | Purchase Money Mortgage | |
| Previous Owner | $139,600 | Purchase Money Mortgage | |
| Previous Owner | $34,900 | No Value Available |
Source: Public Records
Similar Homes in Gloucester, MA
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73371228
APN: GLOU-000167-000017-000032
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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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