2 Ocean Ave # 2K, Gloucester MA 01930

Gloucester, MA 01930 • Magnolia
$330,000
1
Beds
1
Baths
765
Sq Ft
$431
Price/Sq Ft
2003
Year Built
1
Parking
43
Days on Market
Sold Listed Feb 18, 2026 • MLS# 73478156 Copied! • Updated Apr 12, 2026

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Sale Statistics

Sale Overview
Original List Price: $349,000
Final Sale Price: $330,000
Difference: $19,000 (-5.4%)
Performance Metrics
94.6%
List to Sale Ratio
Sold below asking price
43
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $456
Sale $/sq ft: $431
This property sold for $431 per square foot
Sale Summary

This property sold for 5.4% below the original asking price.

The property spent 43 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
$431/sq ft
Area Median
$486/sq ft
Difference
11.4%

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

About this home

Coastal living just one block from the beach! This beautifully updated 1-bedroom condo offers 765 sq ft of comfortable, low-maintenance living in an unbeatable location in Magnolia village. Freshly painted throughout, the unit features brand-new waterproof luxury vinyl flooring and a bright, open layout connecting the living, dining, and kitchen areas. The spacious bedroom includes generous closet space, and the private balcony is perfect for morning coffee or enjoying the ocean breeze. With multiple recent sales in the building, demand here is proven — ideal for first-time buyers, downsizers, investors, or anyone seeking a beachside retreat. Move in and start enjoying the coastal lifestyle.

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Recently Sold Nearby

Property History

Market Insights

1
Price Changes
1.1%
Price Range

Property Timeline

📋
Status: Active under contract
Mar 24, 2026
Active → Active Under Contract
Pending Sale
Mar 22, 2026
Offer accepted, sale pending
Price Reduced
Mar 17, 2026
$345,000 $4,000 (-1.15%)
From $349,000 to $345,000 (-1.1%)
🏠
Listed for Sale
Feb 18, 2026
$349,000
Original listing
Office: Real Broker MA, LLC

Tax History

Year Taxes Assessment
2025 $2,549 $262,200

Financial Details

Annual Property Tax
$2,549
Tax Year 2025
HOA Fee
$327
Monthly
Assessed Value
$262,200

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

Exterior

Construction Frame
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features Off Street, Assigned, Paved
Total Spaces 1
Electric None
Water Public
Sewer Private Sewer
Gas None
Other For Electric Range, For Electric Oven
Annual Tax $2,549
Assessed Value $262,200

HOA & Community

HOA Fee $327 Monthly
Fee Includes Water, Sewer, Insurance, Maintenance Grounds, Snow Removal
Amenities Laundry
Optional Fee Includes None
Pets No
Seller Disclosures None
Possession None
Accepted Financing None
Structure Type ["Garden"]
Unit/Building 2K
Sq Ft Source Public Record
Documents None
County Essex
Total market time (incl. prior listings) 44 days

Property Overview

Property Type
Condominium
Listing Type
Sold
Year Built
2003
Bedrooms
1
Full Bathrooms
1
Living Area
765 sq ft
Total Rooms
3
Stories
1
Entry Level
2

Floor Layout

Interior Features

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

Construction & Materials

Year Built: 2003
Structure Type: Garden
Exterior Materials: Frame
Roof: Shingle
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: 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: Off Street, Assigned, Paved

Nearby Schools

School information not available for this location.

Location

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Neighborhood

Magnolia

2 Ocean Ave # 2K, Gloucester MA 01930

Gloucester, MA 01930

Listing Information

Listing Office Real Broker MA, LLC
Office Phone 855-450-0442
Agent MLS ID CN230624
Office MLS ID AN4866
Listing Data Updated Apr 12, 2026 8:04 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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