$319,000

54 Lexington Ave Unit 32 Gloucester, MA 01930

Magnolia Neighborhood

Estimated payment $2,254/month

Total Views 4,907
-- Bed
1 Bath
400 Sq Ft
$798 Price per Sq Ft

Highlights

  • Ocean View
  • Medical Services
  • Deck
  • Community Stables
  • Property is near a beach
  • 5-minute walk to Gray Beach

About This Home

Location, Location and Location and value. This charming top floor condo offers an incredible opportunity to own in the picturesque, seaside village of Magnolia for $319,000. A short distance to Magnolia Beach, Magnolia Pier and Coolidge Reservation, this home delivers the coastal lifestyle you've been looking for. Inside you'll find hardwood floors, a spacious kitchen with granite countertops, and an efficient inviting layout. Step outside to your expansive private deck and enjoy beautiful ocean views, the perfect place to relax or entertain. Additional amenities include in-building laundry, a deeded parking space, and heat and hot water included in the condo fee. On the site of Magnolia’s legendary Oceanside Hotel, this appealing pied-à-terre is ideal as a year-round residence, extra room for guests, quick weekend-vacation getaway, or an income producing investment property. Truly a rare opportunity for savvy buyers.

Listing Agent

Nancy Peterson

J. Barrett & Company Listed on: 07/04/2026

Co-Listing Agent

Kimberlee Burns

J. Barrett & Company

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,490

Year Built

  • Built in 1920

HOA Fees

  • $292 Monthly HOA Fees

Home Design

  • Entry on the 3rd floor
  • Frame Construction

Interior Spaces

  • 400 Sq Ft Home
  • 1-Story Property
  • Recessed Lighting
  • Light Fixtures
  • Combination Dining and Living Room
  • Ocean Views

Kitchen

  • Breakfast Bar
  • Range

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
  • Balcony
  • Deck

Location

  • Property is near golf course, public transit, and schools

Schools

  • O'malley Innovation Middle School
  • GHS High School

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, sewer, insurance, maintenance structure, ground maintenance, snow removal, trash, reserve funds
  • 11 Units
  • Mid-Rise Community
  • Ocean Breeze Condominiums Community
  • Near Conservation Area

Amenities

  • Medical Services
  • Common Area
  • Shops
  • Laundry Facilities
  • Community Storage Space

Recreation

  • Park
  • Community Stables
  • Jogging Path

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,490

Year Built

Built in 1920

Lot Details

0 Sq Ft Lot

HOA Fees

$292 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Mid-Rise
  • Year Built: 1920
  • Entry Level: 3
  • Year Built Details: Approximate
  • Year Round: Yes
  • MLSPIN_BEACHFRONT_FLAG: Yes
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Wood, Tile, Flooring - Hardwood
  • Interior Amenities: Dining Area, Breakfast Bar / Nook, Recessed Lighting, Lighting - Overhead, Living/Dining Rm Combo
  • Entry Location: Unit Placement(Upper)
  • Fireplace YN: No
  • Appliances: Range, Refrigerator
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Master Bathroom Features: No
  • Bathroom 1 Features: Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Lighting - Overhead
  • Bathroom 1 Level: First
  • Room Kitchen Level: First
  • Room Kitchen Features: Flooring - Hardwood, Recessed Lighting, Lighting - Overhead
  • Laundry Features: Common Area, In Building
  • Basement: N
  • Above Grade Finished Sq Ft: 400
  • Living Area: 400
  • Spa YN: No
  • Stories Total: 1
  • MAIN LO: C95243

Exterior Features

  • Exterior Features: Balcony - Exterior, Deck - Wood
  • Construction Materials: Frame
  • Home Warranty YN: No
  • Patio And Porch Features: Deck - Wood
  • Waterfront Features: Ocean, 1/10 to 3/10 To Beach, Beach Ownership(Public)
  • Waterfront YN: No
  • Waterview Flag: Yes

Garage/Parking

  • Garage YN: No
  • Open Parking Spaces: 1
  • Parking Features: Off Street, Assigned
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer, Private Sewer
  • Utilities: for Electric Range
  • Cooling: None
  • Heating: Baseboard, Oil
  • Cooling Y N: No
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 1
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Association Amenities: Hot Water, Laundry, Storage
  • Association Fee: 292
  • Association Fee Frequency: Monthly
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Stable(s), Golf, Medical Facility, Conservation Area, House of Worship, Private School, Public School, T-Station, University
  • Senior Community YN: No
  • MANAGEMENT: Owner Association

Fee Information

  • Association Fee Includes: Heat, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Reserve Funds

Lot Info

  • Parcel Number: M:0167 B:0017 L:0032,4564276
  • Zoning: R-20
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Property Attached YN: Yes
  • OUTDOOR SPACE AVAILABLE: Yes - Common

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 2490

Multi Family

  • Number Of Units Total: 11
  • Basement Included Sq Ft: No
  • Waterview: Ocean

MLS Schools

  • High School: Ghs
  • Middle Or Junior School: O'malley Innovation Ms

Map

Range of Values:

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Value Increase
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
Source: Public Records

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
07/04/2026 07/04/26 For Sale $319,000 +0.6% $798 / 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 +152.5% $698 / Sq Ft
10/24/2013 10/24/13 Sold $110,500 0.0% $276 / Sq Ft View Prior Sale
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

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 --
Source: Public Records

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: Public Records

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73544618

MLS Property Information Network (MLS PIN)

APN: GLOU-000167-000017-000032

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