$229,000
SOLD JUL 13, 2021

54 Lexington Ave Unit 32 Gloucester, MA 01930

Magnolia Neighborhood
1 Bed
1 Bath
400 Sq Ft
$249/mo HOA Fee

Recently Sold

$572 Per Sq Ft

18% Below List Price

52 Days on Market

Highlights

  • Ocean View
  • Laundry Facilities
  • 5-minute walk to Gray Beach
  • Wood Flooring

About This Home

As of July 2024

Walk to the beach and enjoy the ocean breezes from this quiet, sun-drenched studio. This top floor unit is tucked steps away from Magnolia Village where you'll find restaurants, Grey Beach, Surf Park and many other lovely amenities. You'll love the hardwood floors, granite kitchen countertops and year round ocean views toward Popplestone Beach. Private storage space outside the building, deeded parking space with ample on street parking and common area laundry room make this an ideal beach getaway. Come enjoy the serenity and peacefulness of Magnolia and relax outside on your covered porch. Heat and hot water are included in your condo fee so all you need to do is move in today!

Last Agent to Sell the Property

McDermott & MacCarthy

Gibson Sotheby's International Realty Listed on: 05/06/2021

Last Buyer's Agent

Coastal Life Realty Team

Real Broker MA, LLC

Real Broker MA, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,335

Year Built

  • Built in 1920

HOA Fees

  • $249 per month

Property Views

  • Ocean
  • Harbor

Kitchen

  • Range<<rangeHoodToken>>
  • <<microwave>>

Schools

  • GHS High School

Utilities

  • Hot Water Baseboard Heater
  • Heating System Uses Oil
  • Water Holding Tank
  • Oil Water Heater
  • Private Sewer
  • Cable TV Available

Additional Features

  • Wood Flooring
  • Year Round Access

Listing and Financial Details

  • Assessor Parcel Number M:0167 B:0017 L:0032

Community Details

Amenities

  • Laundry Facilities

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,335

Year Built

Built in 1920

Lot Details

0

HOA Fees

$249 per month

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Garden, Shingle
  • Other Agent: 2.00
  • Year Built Description: Actual
  • List Price Per Sq Ft: 572.50
  • Comp Based On: Gross/Full Sale Price
  • Year Built: 1920
  • Lead Paint: Unknown
  • Year Round: Yes
  • Unit Building: 32
  • Unit Level: 3
  • Unit Placement: Top/Penthouse
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1920

Interior Features

  • Flooring: Hardwood
  • Interior Amenities: Cable Available
  • Appliances: Range, Microwave, Refrigerator
  • No Bedrooms: 1
  • Master Bedroom: On Level: First Floor, Closet, Flooring - Hardwood, Balcony / Deck, Cable Hookup
  • Full Bathrooms: 1
  • Bathroom 1: On Level: First Floor, Bathroom - Full
  • No Rooms: 2
  • Kitchen: On Level: First Floor, Flooring - Hardwood, Pantry, Countertops - Stone/Granite/Solid
  • Laundry Features: Common, In Building
  • No Living Levels: 1
  • Main Lo: BB5918
  • Main So: AN4866
  • Estimated Sq Ft: 400.00

Exterior Features

  • Beachfront Flag: Yes
  • Beach Miles To: 1/10 to 3/10
  • Waterview Features: Harbor, Ocean, Walk to
  • Waterview Flag: Yes
  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Shingles
  • Insulation Feature: Unknown
  • Exterior Unit Features: Covered Patio/Deck, Storage Shed

Garage/Parking

  • Parking Feature: Deeded
  • Parking Spaces: 1

Utilities

  • Sewer: Private Sewerage
  • Water: City/Town Water
  • Electric Features: Circuit Breakers
  • Heating: Hot Water Baseboard, Oil
  • Heat Zones: 1
  • Hot Water: Oil, Tank
  • Utility Connections: for Electric Range, for Electric Oven

Condo/Co-op/Association

  • Fee Interval: Monthly
  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Conservation Area, House of Worship, Public School
  • HOA Fees: 249.00
  • Association Fee Includes: Heat, Hot Water, Water, Sewer, Master Insurance, Exterior Maintenance, Reserve Funds, Management Fee
  • Condo Association: Yes
  • Management: Owner Association

Association/Amenities

  • Condominium Name: Ocean Breeze Condominiums

Schools

  • Elementary School: West Parish
  • Middle School: O'Maley
  • High School: GHS

Lot Info

  • Assessments: 181900.00
  • Page: 254
  • Parcel Number: M:0167 B:0017 L:0032
  • Zoning: R-20
  • Master Book: 24618
  • Master Page: 142

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Taxes: 2263.00
  • Assessor Parcel Number: 4564276
  • Tax Year: 2021

Multi Family

  • No Units: 11
  • No Units Owner Occ: 9

MLS Schools

  • Grade School: West Parish
  • High School: GHS
  • Middle School: O'Maley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 24, 2021
Sold by
Teasdale Joanne
Bought by
Joanne G Teasdale Ft and Teasdale

Purchase Details

Listed on
May 6, 2021
Closed on
Jul 1, 2021
Sold by
Cantlin Victoria E
Bought by
Teasdale Joanne
Seller's Agent
McDermott & MacCarthy
Gibson Sotheby's International Realty
Buyer's Agent
Coastal Life Realty Team
Real Broker MA, LLC
List Price
$279,000
Sold Price
$229,000
Premium/Discount to List
-$50,000
-17.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.95%

Purchase Details

Closed on
Sep 8, 2015
Sold by
Mary M Ellison T M and Mary Cantlin
Bought by
Ditucci Mary and Cantlin Victoria E

Purchase Details

Listed on
Aug 30, 2013
Closed on
Oct 24, 2013
Sold by
Us Bank Na
Bought by
Mary M Ellison T
Seller's Agent
John Jannino
Executive Real Estate
Buyer's Agent
John Jannino
Executive Real Estate
List Price
$139,900
Sold Price
$110,500
Premium/Discount to List
-$29,400
-21.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.26%

Purchase Details

Closed on
Jun 24, 2013
Sold by
Proctor William A
Bought by
Us Bank Na

Purchase Details

Closed on
Nov 1, 2005
Sold by
J&G Rt and Hayes George E
Bought by
Proctor William A and Proctor Ellen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,600
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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

Property History

Date Event Price Change Sq Ft Price
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)

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 $2,335 $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

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72826820

MLS Property Information Network (MLS PIN)

APN: GLOU-000167-000017-000032