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54 Lexington Ave # 32, Gloucester MA 01930

Gloucester, MA 01930 • Magnolia
$317,000
Est. $1,687/month
1
Baths
400
Sq Ft
$793
Price/Sq Ft
0.23
Acres
1920
Year Built
Condominium
Type
16
Days on Market
Closed Listed Sep 29, 2025 • MLS# 73249113

About this home

"ATELIER MAGNOLIA" Perched on the top floor, Circa 1920's, originally a portion of the Grande Dame Oceanside Hotel, in the picturesque village of Magnolia. You will be entranced by a feeling of calm and nature when you step into this rare and unique setting. Walkout onto your covered deck to take in the view of the sea crashing on the rocks and smell the salt air. Consider this enchanting studio for your "nest", or a place to offer house guests when a few too many have arrived. They won't be disappointed. A short stroll to the Magnolia Pier, Gray beach, restaurants, and library, and to the bold ocean and Shore Road for your afternoon walk. Renovated with fresh paint, bathroom upgrades and fabric accordion blinds for sunny days. Heat and hot water included in the condo fee. Ground level private storage shed and laundry on-site.

Sale Statistics

Sale Overview
Original List Price: $319,000
Final Sale Price: $317,000
Difference: $2,000 (-0.6%)
Performance Metrics
99.4%
List to Sale Ratio
Sold below asking price
16
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $798
Sale $/sq ft: $793
This property sold for $793 per square foot
Sale Summary

This property sold for 0.6% below the original asking price.

With only 16 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
Condominium
Property Category
Residential
Year Built
1920
Full Bathrooms
1
Living Area
400 sq ft
Total Rooms
2
Stories
1
Entry Level
3

Interior Features

Flooring
Wood, Tile
Heating
Baseboard, Oil
Has Heating
Yes
Cooling
None
Has Cooling
No
Has Fireplace
No
Appliances
Range, Refrigerator
Laundry Features
In Building
Basement Details
N
Accessibility Features
No

Exterior & Structure

Construction Materials
Frame
Roof
Shingle
Exterior Features
Porch, Covered Patio/Deck, Storage, Professional Landscaping
Patio/Porch Features
Porch, Covered
Has Spa
No
Waterfront Features
Harbor, Ocean, Walk to, 1/10 to 3/10 To Beach, Beach Ownership(Public)
Waterfront Property
No

Lot & Land

Lot Size
0.23 acres
Lot Size
10,000 sq ft
Lot Size Area
0.2300

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
1
Parking Features
Off Street, Assigned

Utilities & Systems

Utilities Available
for Electric Range
Water Source
Public
Sewer
Private Sewer
Electric
Circuit Breakers, 60 Amps/Less

Community & HOA

Community Features
Public Transportation, Shopping, Park, Walk/Jog Trails, Conservation Area, Public School
HOA Fee
$272
HOA Fee Frequency
Monthly
Association Amenities
Hot Water, Laundry, Storage
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$2,335
Tax Year
2024
Tax Assessed Value
$240,000
Parcel Number
M:0167 B:0017 L:0032,4569340
Zoning
R-20

Additional Details

Year Built Source
Public Records
Year Built Details
Actual,Renovated Since
Building Name
Ocean Breeze Condominium
Common Walls
No One Above, Corner
Attached Property
Yes
Disclosures
Pets are allowed with restrictions: No grilling on premises; Rentals allowed with a 3 month minimum; NO smoking allowed on the property. See attached Rules & Regulations.
Listing Terms
Contract

Location

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Neighborhood

Magnolia

54 Lexington Ave # 32, Gloucester MA 01930

Gloucester, MA 01930

Walkability

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Schools

Elementary School
West Parish
Rating information coming soon
Middle School
O'maley
Rating information coming soon
High School
Ghs
Rating information coming soon

Monthly Payment Calculator

%
%
Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $195
Homeowners Insurance $200
HOA Fee $272
PMI $0

Property History

Market Insights

0.6%
Price Range
18
Total Days on Market

Property Timeline

✓
Sold
Jul 26, 2024
$317,000
Property sold
Days on Market: 18
🏠
Listed for Sale
Jun 7, 2024
$319,000
Original listing
Agent: Jeffrey Lyon Office: W. H. Lyon, Inc. REALTORS®

Price & Status History

Date Event Price Change
Jun 7, 2024 New Listing Added $319,000 —

Market Statistics

Days on Market
16 days
Price per Sq Ft
$793

Tax History

Year Taxes Assessment
2024 $2,335 $240,000

Financial Details

Annual Property Tax
$2,335
Tax Year 2024
HOA Fee
$272
Monthly
Assessed Value
$240,000

Listing Information

Listing Agent Jeffrey Lyon
Listing Office W. H. Lyon, Inc. REALTORS®
Agent MLS ID BB981815
Office MLS ID BB9897

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