54 Lexington Ave Unit 32 Gloucester, MA 01930
Magnolia NeighborhoodEstimated payment $2,210/month
Highlights
- Ocean View
- Property is near a beach
- Property is near public transit and schools
- No Units Above
- Landscaped Professionally
- Wood Flooring
About This Home
A little piece of New England history is waiting for you by the cliffs of Cape Ann. Experience a true gem of North Shore living in Gloucester’s famed Magnolia neighborhood. Located on the site of the legendary Grande Dame Oceanside Hotel, this charming and cozy studio brings coastal living right to your doorstep—for just $299K! Step outside to sweeping views of the Atlantic Ocean in one direction and Magnolia’s beloved shops, restaurants, library, and post office in the other. And that’s only the beginning. Nearby beaches include Gray Beach, Black Beach, and Singing Beach, while the scenic Coolidge Reservation and Rafe’s Chasm are just minutes away. A true nature lovers paradise! For the perfect end to the day, stroll down Magnolia Pier and take in a beautiful sunset. Back home, enjoy convenient private parking, dedicated storage for your beach and outdoor gear, and a covered porch—the perfect spot for a relaxing meal or drink. Come see what makes this opportunity so special. Open houses: Saturday, 9/19, from 10:00–11:30 a.m. and Sunday, 9/20, from 11:00 a.m.–12:30 p.m.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,598
Year Built
- Built in 1920
Lot Details
- No Units Above
- Landscaped Professionally
HOA Fees
- $292 Monthly HOA Fees
Home Design
- Entry on the 3rd floor
- Frame Construction
- Shingle Roof
- Rubber Roof
Interior Spaces
- 400 Sq Ft Home
- 1-Story Property
- Recessed Lighting
- Picture Window
- Ocean Views
Kitchen
- Range
- Solid Surface Countertops
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 1 Full Bathroom
- Bathtub with Shower
Parking
- 1 Car Parking Space
- Off-Street Parking
- Assigned Parking
Outdoor Features
- Property is near a beach
- Walking Distance to Water
- Balcony
- Covered Deck
- Covered Patio or Porch
- Outdoor Storage
Location
- Property is near public transit and schools
Schools
- West Parish Elementary School
- O'maley Middle School
- GHS High School
Utilities
- Window Unit Cooling System
- 1 Heating Zone
- Heating System Uses Oil
- Baseboard Heating
- Hot Water Heating System
- Private Sewer
Listing and Financial Details
- Assessor Parcel Number 4617244
Community Details
Overview
- Association fees include heat, water, sewer, insurance, maintenance structure, ground maintenance, snow removal, trash, reserve funds
- 11 Units
- Mid-Rise Community
- Ocean Breeze Condominiums Community
- Near Conservation Area
Amenities
- Shops
- Laundry Facilities
- Community Storage Space
Recreation
- Park
- Jogging Path
Pet Policy
- Call for details about the types of pets allowed
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $2,490 | $256,200 | $0 | $256,200 |
| 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 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/17/2026 09/17/26 | For Sale | $299,000 | -5.7% | $748 / Sq Ft | |
| 07/26/2024 07/26/24 | Sold | $317,000 | -0.6% | $793 / Sq Ft | View Prior Sale |
| 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 | View Prior Sale |
| 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 | View Prior Sale |
| 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 | -- | $698 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $317,000 | None Available | |
| Quit Claim Deed | $271,000 | None Available | |
| Quit Claim Deed | -- | None Available | |
| Condominium Deed | $229,000 | None Available | |
| Deed | -- | -- | |
| Quit Claim Deed | $62,500 | -- | |
| Quit Claim Deed | $110,500 | -- | |
| Foreclosure Deed | $81,600 | -- | |
| Deed | $174,500 | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $237,750 | Purchase Money Mortgage | |
| Previous Owner | $34,900 | No Value Available |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73578740
APN: GLOU-000167-000017-000032
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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