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2 Ocean Ave # 1J, Gloucester MA 01930

Gloucester, MA 01930
$340,000
Est. $2,438/month
1
Beds
1
Baths
765
Sq Ft
$444
Price/Sq Ft
2003
Year Built
45
Days on Market
Closed Listed Sep 3, 2025 • MLS# 73425003 Copied!

About this home

Coastal Living at Its Best! Located in the beautiful Magnolia Village! This is a first-floor unit rare to find!! It is perfect for downsizers, first-time home buyers, or anyone seeking a coastal getaway. This charming 1-bedroom, 1-bath condo offers a comfortable living space just moments from the ocean. Enjoy the convenience of in-building laundry, assigned parking, and a private patio for relaxing outdoors. With restaurants, shops, beaches, and public transportation nearby, plus easy access to the highway and train, this condo offers the ideal blend of tranquility and convenience.  Don’t miss your chance to own a slice of Gloucester’s seaside charm!

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
2003
Bedrooms
1
Full Bathrooms
1
Living Area
765 sq ft
Total Rooms
3
Stories
1
Entry Level
1

Sale Statistics

Sale Overview
Original List Price: $350,000
Final Sale Price: $340,000
Difference: $10,000 (-2.9%)
Performance Metrics
97.1%
List to Sale Ratio
Sold below asking price
45
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $458
Sale $/sq ft: $444
This property sold for $444 per square foot
Sale Summary

This property sold for 2.9% below the original asking price.

The property spent 45 days on market before selling.

Nearby Sales Comparison

Based on 2 similar properties sold within 0.5 miles in the last 90 days

This Property
$444/sq ft
Area Average
$461/sq ft
Difference
3.7%

This property sold near the area average for similar homes.

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 2003
Living Area 765 sq ft
Bedrooms 1
Full Baths 1
Total Rooms 3

Interior

Heating Central, Electric
Cooling Wall Unit(s)
Flooring Plywood, Vinyl
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator
Fireplace None
Basement N
Laundry Common Area, In Building
Features None

Exterior

Construction Frame
Architecture Other (see Remarks)
Roof Shingle
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features Paved, Exclusive Parking
Total Spaces 1

Utilities

Electric None
Water Public
Sewer Private Sewer
Gas None
Other For Electric Range, For Electric Oven

Financial

Annual Tax $2,390
Assessed Value $245,600

Interior Features

Flooring: Plywood, Vinyl
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator
Interior Features:
Windows: Insulated Windows
Basement: N
Laundry: Common Area, In Building
Security: Intercom

Construction & Materials

Style: Other (See Remarks)
Year Built: 2003
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Central, Electric
Heating Zones: 1
Cooling: Wall Unit(s)
Cooling Zones: 1
Hot Water:
Water Source: Public
Sewer: Private Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 1
Parking Features: Paved, Exclusive Parking

Location

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Neighborhood

2 Ocean Ave # 1J, Gloucester MA 01930

Gloucester, MA 01930

Walkability

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Nearby Schools

School District
Gloucester School District local
C-
🎓 Where Graduates Go Class of 2021
42% attend college
31% 4-Year 11% 2-Year 17% Out of State 14% Working
School Safety 2024-25
1.9% Average
1.9% Suspensions 0.5% In-School
3.6% below state avg

No schools found within 5 miles

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $199
Homeowners Insurance $200
HOA Fee $320/mo
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Market Insights

2.9%
Price Range
47
Total Days on Market

Property Timeline

Sold
Oct 28, 2025
$340,000
Property sold
Days on Market: 47
🏠
Listed for Sale
Sep 3, 2025
$350,000
Original listing
Agent: Gabriela Debenedictis Office: Coldwell Banker Realty - Manchester

Price & Status History

Date Event Price Change
Sep 3, 2025 New Listing Added $350,000

Market Statistics

Days on Market
45 days
Price per Sq Ft
$444

Tax History

Year Taxes Assessment
2024 $2,390 $245,600

Financial Details

Annual Property Tax
$2,390
Tax Year 2024
HOA Fee
$320
Monthly
Assessed Value
$245,600

Listing Information

Listing Office Coldwell Banker Realty - Manchester
Agent MLS ID CN206383
Office MLS ID AN6220
Listing Data Updated Oct 28, 2025 2:59 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Market Analytics for Gloucester, MA

Real-time market trends and pricing data for this area

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