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2 Ocean Avenue # 1J, Gloucester MA 01930

Gloucester, MA 01930 • Magnolia
$190,000
Est. $1,611/month
1
Beds
1
Baths
765
Sq Ft
$248
Price/Sq Ft
0.97
Acres
2003
Year Built
80
Days on Market
Closed Listed Dec 6, 2018 • MLS# 72430323 Copied!

About this home

Magnolia Village condo. Great option to renting at this price. Downsizing? Looking for a getaway place near the ocean? This could be just what you are looking for. Built in 2003 and still feels new. Restaurants, shops and beaches nearby for your relaxation and enjoyment. Highway and train not too far away.

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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: $199,000
Final Sale Price: $190,000
Difference: $9,000 (-4.5%)
Performance Metrics
95.5%
List to Sale Ratio
Sold below asking price
80
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft: $260
Sale $/sq ft: $248
This property sold for $248 per square foot
Sale Summary

This property sold for 4.5% below the original asking price.

The property spent 80 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
$248/sq ft
Area Average
$440/sq ft
Difference
43.6%

This property sold below the area average, potentially representing good value for the buyer.

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 2003
Living Area 765 sq ft
Lot Size 0.97 acres
Bedrooms 1
Full Baths 1
Total Rooms 3

Interior

Heating Electric Baseboard
Cooling Window Unit(s)
Flooring Vinyl, Carpet
Appliances Range, Dishwasher, Refrigerator
Fireplace None
Basement N
Laundry In Building
Features None

Exterior

Construction None
Architecture None
Roof Rubber
Features Patio
Pool None
Spa None
Fencing None
Patio/Porch Patio

Parking

Features Assigned
Total Spaces 1

Utilities

Electric Circuit Breakers
Water Public
Sewer Private Sewer
Gas None
Other For Electric Range

Financial

Annual Tax $2,186
Assessed Value $169,100

Interior Features

Flooring: Vinyl, Carpet
Appliances: Range, Dishwasher, Refrigerator
Interior Features:
Windows: Insulated Windows
Basement: N
Laundry: In Building
Security: Intercom

Construction & Materials

Year Built: 2003
Structure Type: Mid-Rise
Exterior Materials:
Roof: Rubber
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Electric Baseboard
Cooling: Window Unit(s)
Hot Water:
Water Source: Public
Sewer: Private Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Total Parking Spaces: 1
Parking Features: Assigned

Location

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Neighborhood

Magnolia

2 Ocean Avenue # 1J, Gloucester MA 01930

Gloucester, MA 01930

Walkability

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Nearby Schools

School information not available for this location.

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 $182
Homeowners Insurance $200
HOA Fee $268/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

44.1%
Price Range
50
Total Days on Market
1
Previous Sales

Property Timeline

Previous Transaction - MLS #73425003
Full transaction history available when tracking began
🏷️
Previously Sold
Oct 28, 2025
$340,000
MLS #73425003
Sold
Mar 15, 2019
$190,000
Property sold
Days on Market: 50
🏠
Listed for Sale
Dec 6, 2018
$199,000
Original listing
Agent: Greg Verga Office: Holly C & Co. Fine Homes

Price & Status History

Date Event Price Change
Oct 28, 2025 Sold $340,000
Dec 6, 2018 New Listing Added $199,000

Market Statistics

Days on Market
80 days
Price per Sq Ft
$248

Tax History

Year Taxes Assessment
2018 $2,186 $169,100

Financial Details

Annual Property Tax
$2,186
Tax Year 2018
HOA Fee
$268
Monthly
Assessed Value
$169,100

Listing Information

Listing Office Holly C & Co. Fine Homes
Agent MLS ID G9500952
Office MLS ID BB5769
Listing Data Updated Mar 15, 2019 11:48 AM 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

2 Ocean Avenue # 1J, Gloucester MA 01930 - Photo 1 2 Ocean Avenue # 1J, Gloucester MA 01930 - Photo 2 2 Ocean Avenue # 1J, Gloucester MA 01930 - Photo 3 2 Ocean Avenue # 1J, Gloucester MA 01930 - Photo 4 2 Ocean Avenue # 1J, Gloucester MA 01930 - Photo 5 2 Ocean Avenue # 1J, Gloucester MA 01930 - Photo 6 2 Ocean Avenue # 1J, Gloucester MA 01930 - Photo 7
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