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SOLD 11/5/2021

2 Ocean Avenue Unit #1A, Gloucester, MA 01930$375,000

2
beds
1
bath
870
ft2
$431 / ft2

Listing provided courtesy of Listing Broker: Emily McPherson, J. Barrett & Company
Source MLS PIN;
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Rare ground level two bedroom unit in Ocean Terrace, a wonderful 42 unit low rise complex in the heart of Magnolia! There is plenty of light in this single level corner unit which boasts a living room opening to a patio, two large bedrooms and a kitchen with breakfast bar. There is one deeded parking spot plus a common laundry room right down the hall. This lovely unit is right in the midst of the wonderful village of Magnolia and is close to the beach, shops and dining. **Showings to begin on Saturday 10/23 at the open house between 11-1:00. After that, showings will be scheduled by appointment. Offers, if any, to be presented Monday, 10/25 at 5:00. Please allow 24 hours response time.

HOA

$349.27/month

On market

5 days

Year built

2003

Property type

Condo

Parking

1

MLS

72910824

Price / Sq.Ft.

$431 / ft2

Status

Sold

Home details for 2 Ocean Avenue Unit #1A

Interior Features & Layout
Interior Features
•   
Electric Details: Circuit Breakers
•   
Interior Features: Cable Available
Heating & Cooling
•   
Cooling Zones: 1
•   
Heating Details: Electric Baseboard, Electric
•   
Cooling Details: Wall AC
Appliances
•   
Hot Water: Electric, Tank
•   
Appliances: Range, Dishwasher, Refrigerator
Rooms Info
•   
Kitchen Details: Flooring - Stone/Ceramic Tile, Main Level, Breakfast Bar / Nook
•   
Kitchen Dimensions: 8X11'5
•   
Kitchen Level: First Floor
•   
Total Levels: 1
•   
Living Room Details: Flooring - Hardwood, Main Level, Deck - Exterior, Open Floor Plan, Recessed Lighting, Slider
•   
Living Room Level: First Floor
•   
Living Room Dimensions: 13X17'6
•   
Total Rooms: 4
Bedrooms Info
•   
Master Bed Details: Flooring - Hardwood, Main Level, Lighting - Overhead, Closet - Double
•   
Master Bed Dimensions: 15'7X11'5
•   
Master Bed Level: First Floor
•   
Bedroom 2 Details: Flooring - Hardwood, Main Level, Lighting - Overhead, Closet - Double
•   
Bedroom 2 Level: First Floor
•   
Bedroom 2 Dimensions: 10X11'2
Bathrooms Info
•   
Bath 1 Dimensions: 4'11X7'7
•   
Bath 1 Details: Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
•   
Bath 1 Level: First Floor
•   
Full Baths: 1
Flooring
•   
Flooring: Wood, Tile
Property, Lot, Community & Exterior Features
Property Features
•   
Beach Description: Harbor, Ocean
•   
Beachfront
•   
Accessibility
•   
Beach Ownership: Private, Public
Community Info
•   
Hoa Exists
•   
Total Units In Complex: 42
•   
Total Owner Occupied Units: 27
•   
Hoa Manager Type: Professional - Off Site
•   
Complex Name: Ocean Terrace Condominium
•   
Percentage Owner Occupancy Source: Mgt Co
Property Type
•   
Property Type: Condo
•   
Mls Prop Type: Condo
•   
Mls Property Type: Condominium/Co-Op
Community Features
•   
Area Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Highway Access, House of Worship, Private School, Public School, T-Station
Building Info
•   
Unit Level: 1, Corner, Ground, Walkout
•   
Sqft Source: Public Record
•   
Style: Garden, Low-Rise
•   
Building Complex Complete
•   
Roof: Asphalt/Fiberglass Shingles
•   
Building Number: 1A
•   
Year Built Description: Approximate
•   
Year Built Source: Public Record
•   
Construction Materials: Frame
Lot Info
•   
Zoning: VB
•   
Year Round
•   
Lot Number: 1(A)
Exterior Features
•   
Building Exterior Details: Vinyl
•   
Exterior Features: Patio
Parking Info
•   
Parking Descriptions: Off-Street, Deeded, Paved Driveway
Utilities & Other Information
Other
•   
Main So: C95243
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: 3344859
•   
Oh Flag: 1
•   
Status: Sold
Listing Details
•   
Disclosures: Sellers have never lived in the property. All information is provided to the best of their ability and should be verified by buyers and buyer's agent.
•   
Dpr
•   
Disclosure Documents: Master Deed, Unit Deed, Rules & Regs, Management Association Bylaws, Floor Plans, Association Financial Statements
•   
Dislcosures
Terms
•   
Restrictions: Other (See Remarks)
Tax/Assessment Info
•   
Tax Year: 2021
•   
Assessed Value: 251000.00
•   
Taxes: 3122.44
Listing Contacts
•   
Selling Agent: C9501258
Hoa
•   
Hoa Fees Include: Water, Sewer, Master Insurance, Laundry Facilities, Exterior Maintenance, Landscaping, Snow Removal, Refuse Removal, Reserve Funds, Management Fee
•   
Hoa Fee Frequency: Monthly
Financing Info
•   
Financing Terms: Cash
School Neighborhood & Directions
Location
•   
Street Number: 2
•   
Map Book: 29928, 7323
•   
Block: 3
•   
Area: Magnolia
•   
Beach Distance: 1/10 to 3/10
•   
Map Page: 403, 389
•   
Directions: Hesperus or Raymond St to Norman Ave to Ocean Ave. Unit is located on back corner of Ocean & Flume.
•   
Map: 169
School Info
•   
Elementary School: West Parish
•   
High School: Gloucester HS
•   
Middle School: O'Maley
Other
Calculation
•   
Price Per Sqft: 431.03
•   
List Price Per Sqft: 356.21
•   
Sell Price Per Sqft: 431.03
•   
Cdom Property: 21
•   
Cdom Broker: 21
•   
Cdom: 21

Neighborhood snapshot

24
Properties for sale
18
Median days on market
$374.88
Median sold price/sqft
103.22%
Sold/List %
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Property History for 2 Ocean Avenue Unit #1A

11/09/2021
11/09/2021
MLS PIN #72910824
pending
MLS PIN #72910824
$309,900
--17.36%
11/05/2021
11/05/2021
Public Record
sold
Public Record
$375,000
+21.01%
10/20/2021
10/20/2021
MLS PIN #72910824
active
MLS PIN #72910824
$309,900
+31.87%
07/27/2007
07/27/2007
Public Record
sold
Public Record
$235,000
--0.84%
11/02/2004
11/02/2004
Public Record
sold
Public Record
$237,000
+216.00%
See more property history

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