FeaturesBathroom - Full
LevelFirst
54 Lexington Avenue # 32, Gloucester MA 01930
Gloucester, MA 01930 • Magnolia
$229,000
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Sale Statistics
Sale Overview
Original List Price:
$279,000
Final Sale Price:
$229,000
Difference:
$50,000 (-17.9%)
Performance Metrics
82.1%
List to Sale Ratio
Sold below asking price
51
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft:
$698
Sale $/sq ft:
$573
This property sold for $573 per square foot
Sale Summary
This property sold for 17.9% below the original asking price.
The property spent 51 days on market before selling.
Nearby Sales Comparison
Based on 5 similar properties sold within 0.5 miles in the last 90 days
This Property
$573/sq ft
Area Median
$486/sq ft
Difference
+17.9%
This property sold for significantly more per square foot than similar nearby properties, suggesting premium features or condition.
About this home
Walk to the beach and enjoy the ocean breezes from this quiet, sun-drenched studio. This top floor unit is tucked steps away from Magnolia Village where you'll find restaurants, Grey Beach, Surf Park and many other lovely amenities. You'll love the hardwood floors, granite kitchen countertops and year round ocean views toward Popplestone Beach. Private storage space outside the building, deeded parking space with ample on street parking and common area laundry room make this an ideal beach getaway. Come enjoy the serenity and peacefulness of Magnolia and relax outside on your covered porch. Heat and hot water are included in your condo fee so all you need to do is move in today!
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Public Records & Permits
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BMN Estimate
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Recently Sold Nearby
Property History
Market Insights
28.2%
Price Range
52
Total Days on Market
2
Previous Sales
Property Timeline
Current Active Listing - MLS #73544618
Full transaction history available when tracking began
Currently Listed
Jul 4, 2026
$319,000
MLS #73544618 - Active
Previous Transaction - MLS #73249113
Full transaction history available when tracking began
Previously Sold
Jul 26, 2024
$317,000
MLS #73249113
Previous Transaction - MLS #72969212
Full transaction history available when tracking began
Previously Sold
Jun 3, 2022
$271,000
MLS #72969212
Sold
Jul 13, 2021
$229,000
Property sold
Days on Market: 52
Listed for Sale
May 6, 2021
$229,000
Original listing
Agent: McDermott & MacCarthy
Office: Gibson Sotheby's International Realty
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 07/04/2026 | 🏡 Currently Listed | $319,000 | - | - | MLS #73544618 - Active |
| 07/26/2024 | 🏷️ Previously Sold | $317,000 | - | - | MLS #73249113 |
| 06/03/2022 | 🏷️ Previously Sold | $271,000 | - | - | MLS #72969212 |
| 07/13/2021 | ✓ Sold | $229,000 | - | - | Property sold |
| 05/06/2021 | 🏠 Listed for Sale | $229,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2021 | $2,263 | $181,900 |
Financial Details
Annual Property Tax
$2,263
Tax Year 2021
HOA Fee
$249
Monthly
Assessed Value
$181,900
Facts & Features
Home Facts
Type
Residential
Style
Condominium
Year Built
1920
Living Area
400 sq ft
Bedrooms
1
Full Baths
1
Total Rooms
2
Interior
Heating
Baseboard, Oil
Cooling
None
Flooring
Hardwood
Appliances
Range, Microwave, Refrigerator
Fireplace
None
Basement
N
Laundry
Common Area, In Building
Features
None
Exterior
Construction
Frame
Architecture
Shingle, Other (see Remarks)
Roof
Shingle
Features
Covered Patio/deck, Storage
Pool
None
Spa
None
Fencing
None
Patio/Porch
Covered
Parking
Features
Deeded
Total Spaces
1
Utilities
Electric
Circuit Breakers
Water
Public
Sewer
Private Sewer
Gas
None
Other
For Electric Range, For Electric Oven
Financial
Annual Tax
$2,263
Assessed Value
$181,900
HOA & Community
HOA Fee
$249 Monthly
Fee Includes
Heat, Water, Sewer, Insurance, Maintenance Structure, Reserve Funds
Amenities
Hot Water
Optional Fee Includes
None
Owner-Occupied Units
9
Pets
Yes w/ Restrictions
MA Disclosures
Seller Disclosures
Pets Allowed With Restrictions. Dogs And Cats Only, No Other Pets Allowed. 1 Deeded Parking Space. Rentals Are Allowed With A 3 Month Minimum. Previous Rental Income Was $1450 /mo. Management Company Is For Outdoor Maintenance Only, Otherwise Self Managed Building.
Additional Details
Possession
None
Accepted Financing
Contract
Structure Type
["Garden"]
Unit/Building
32
Sq Ft Source
Public Record
Documents
Master Deed, Unit Deed, Rules & Regs, Floor Plans, Association Financial Statements, Certificate Of Insurance (6)
County
Essex
Total market time (incl. prior listings)
52 days
Property Overview
Property Type
Condominium
Listing Type
Sold
Year Built
1920
Bedrooms
1
Full Bathrooms
1
Living Area
400 sq ft
Total Rooms
2
Stories
1
Entry Level
3
Floor Layout
Interactive room guide
Floor Layout
FeaturesFlooring - Hardwood, Pantry, Countertops - Stone/Granite/Solid
LevelFirst
FeaturesCloset, Flooring - Hardwood, Balcony / Deck, Cable Hookup
LevelFirst
Display Options
Outdoor Areas
Patio & porchCovered
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Hardwood
Appliances:
Range, Microwave, Refrigerator
Interior Features:
Windows:
Basement:
N
Laundry:
Common Area, In Building
Security:
Construction & Materials
Style:
Shingle, Other (See Remarks)
Year Built:
1920
Effective Year (Renovated):
2005
Structure Type:
Garden
Exterior Materials:
Frame
Roof:
Shingle
Foundation:
Stories:
1
Heating, Cooling & Utilities
Heating:
Baseboard, Oil
Heating Zones:
1
Cooling:
None
Hot Water:
Water Source:
Public
Sewer:
Private Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Covered Patio/Deck, Storage
Patio & Porch:
Covered
Fencing:
Other Structures:
Lot Features:
Road Surface:
Parking & Garage
Total Parking Spaces:
1
Parking Features:
Deeded
Nearby Schools
School information not available for this location.
Location
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Neighborhood
Magnolia
54 Lexington Avenue # 32, Gloucester MA 01930
Gloucester, MA 01930
Listing Information
Listing Office
Gibson Sotheby's International Realty
Office Phone
978-526-0243
Agent MLS ID
TM317476
Office MLS ID
AN6133
Listing Data Updated
Jul 13, 2021 11:41 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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