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SOLD 9/3/2021

2 Ocean Ave Unit #1H, Gloucester, MA 01930$311,500

2
beds
1
bath
870
ft2
$358 / ft2

Listing provided courtesy of Listing Broker: Jessica Tully, Molisse Realty Group LLC
Source MLS PIN;
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Single-level living just a stroll to the ocean at this Ocean Terrace Condominium in Magnolia. This ground level unit features two generously sized bedrooms with large windows and a neat and clean bath and kitchen with tile flooring. The second bedroom is currently used as an office, which is a great option if needed. In the living room, a sliding glass door lets in tons of light and leads to a patio and 1 assigned parking space. The common laundry room is also located on the main level, diagonally across the hall from this unit. Close to Downtown Magnolia, shops, restaurants...the location can't be beat! Showings will be scheduled by appointment on Saturday 7/24 and Sunday 7/25 from 10:30-12:30. Please allow 24 hours response time for any offers.

HOA

$325.92/month

On market

3 days

Year built

2003

Property type

Condo

Parking

1

MLS

72870250

Price / Sq.Ft.

$358 / ft2

Status

Sold

Home details for 2 Ocean Ave Unit #1H

Interior Features & Layout
Interior Features
•   
Electric Details: Circuit Breakers
•   
Energy Details: Insulated Windows, Insulated Doors
•   
Interior Features: Cable Available
Appliances
•   
Hot Water: Electric, Tank
•   
Appliances: Range, Dishwasher, Refrigerator
Rooms Info
•   
Dining Room Level: First Floor
•   
Kitchen Details: Flooring - Stone/Ceramic Tile
•   
Total Levels: 1
•   
Living Room Details: Flooring - Wall to Wall Carpet, Exterior Access, Open Floor Plan, Slider
•   
Living Room Level: First Floor
•   
Total Rooms: 4
Bedrooms Info
•   
Master Bed Details: Flooring - Wall to Wall Carpet
•   
Master Bed Level: First Floor
•   
Bedroom 2 Details: Flooring - Wall to Wall Carpet
•   
Bedroom 2 Level: First Floor
Bathrooms Info
•   
Bath 1 Details: Flooring - Stone/Ceramic Tile
•   
Bath 1 Level: First Floor
•   
Full Baths: 1
Heating & Cooling
•   
Insulation Details: Full, Fiberglass
•   
Heating Details: Electric Baseboard, Electric
•   
Cooling Details: Wall AC
Flooring
•   
Flooring: Tile, Wall to Wall Carpet
Property, Lot, Community & Exterior Features
Property Features
•   
Beach Description: Harbor, Ocean
•   
Beachfront
•   
Accessibility
•   
Beach Ownership: Private, Public
Community Features
•   
Security: Intercom
•   
Area Amenities: Public Transportation, Shopping, Tennis Court, Park, Walk/Jog Trails, Medical Facility, Laundromat, House of Worship
Community Info
•   
Hoa Exists
•   
Total Units In Complex: 42
•   
Total Owner Occupied Units: 31
•   
Hoa Manager Type: Professional - Off Site
•   
Complex Name: Ocean Terrace
•   
Percentage Owner Occupancy Source: Management
Property Type
•   
Property Type: Condo
•   
Mls Prop Type: Condo
•   
Mls Property Type: Condominium/Co-Op
Building Info
•   
Unit Level: 1, Street, Walkout
•   
Sqft Source: Public Record
•   
Style: Mid-Rise
•   
Building Complex Complete
•   
Roof: Asphalt/Fiberglass Shingles
•   
Building Number: 1H
•   
Year Built Description: Approximate
•   
Lead Paint: Unknown
•   
Year Built Source: Public Record
•   
Construction Materials: Frame
Lot Info
•   
Zoning: VB
•   
Year Round
Exterior Features
•   
Building Exterior Details: Vinyl
•   
Exterior Features: Patio
Parking Info
•   
Parking Descriptions: Off-Street, Assigned, Paved Driveway
Utilities & Other Information
Other
•   
Main So: AN4305
Water & Sewer Info
•   
Water Source: City/Town Water
•   
Sewer: Private Sewerage
Utilities
•   
Utilities: for Electric Range
Listing Details, Costs & Financing Information
Listing Info
•   
Offline Listing Number: 3297510
•   
Status: Sold
Listing Details
•   
Disclosures: Management Company is E.P. Management Corp.
•   
Dislcosures
Tax/Assessment Info
•   
Tax Year: 2021
•   
Assessed Value: 251000.00
•   
Taxes: 3122.00
•   
Apn: M:0169 B:0003 L:0001(H)
Listing Contacts
•   
Selling Agent: C9404668
Hoa
•   
Hoa Fees Include: Water, Sewer, Master Insurance, Security, Laundry Facilities, Exterior Maintenance, Landscaping, Snow Removal, Refuse Removal, Management Fee
•   
Hoa Fee Frequency: Monthly
Financing Info
•   
Financing Terms: Conv. Fixed
School Neighborhood & Directions
Location
•   
Street Number: 2
•   
Map Book: 23308
•   
Area: Magnolia
•   
Beach Distance: 3/10 to 1/2 Mile
•   
Map Page: 197
•   
Directions: Raymond St. to Norman Ave. to Ocean Ave. Corner of Ocean Ave. and Flume Rd.
Other
Calculation
•   
Price Per Sqft: 358.05
•   
List Price Per Sqft: 343.68
•   
Sell Price Per Sqft: 358.05
•   
Cdom Property: 4
•   
Cdom Broker: 4
•   
Cdom: 4

Neighborhood snapshot

22
Properties for sale
19
Median days on market
$374.88
Median sold price/sqft
103.03%
Sold/List %
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Property History for 2 Ocean Ave Unit #1H

09/03/2021
09/03/2021
Public Record
sold
Public Record
$311,500
+4.18%
07/25/2021
07/25/2021
MLS PIN #72870250
pending
MLS PIN #72870250
$299,000
07/22/2021
07/22/2021
MLS PIN #72870250
active
MLS PIN #72870250
$299,000
+32.89%
08/27/2004
08/27/2004
Public Record
sold
Public Record
$225,000
+152.81%
04/18/2000
04/18/2000
Public Record
sold
Public Record
$89,000

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