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2 Ocean Ave # 1M, Gloucester MA 01930

Gloucester, MA 01930
$345,000
$324,900
Est. $2,375/month
1
Beds
1
Baths
765
Sq Ft
$425
Price/Sq Ft
2003
Year Built
1
Parking
77
Days on Market
Pending Price Drop -$20,100 Listed Apr 2, 2026 • MLS# 73495153 Copied! • Updated Jun 23, 2026

About this home

This freshly painted unit is move-in ready with no stairs and single-level living — ideal for buyers seeking an effortless, low-maintenance lifestyle steps from the water. A private, exclusive-use outdoor patio extends your living space into the fresh salt air, perfect for morning coffee or an evening glass of wine with the ocean breeze. Two iconic Cape Ann beaches and Magnolia Village — with its shops, casual dining, and year-round charm — is practically in your backyard. Ocean breezes roll through the neighborhood in the warmer months, making outdoor living a daily ritual rather than a weekend trip. Bike-friendly streets connect you to the shoreline, the village, and the quiet, tree-lined roads that define this corner of Cape Ann. Whether you're arriving for summer or staying year-round, this Magnolia condo delivers the coastal lifestyle without the stairs, the projects, or the wait. Ready for occupancy now — just in time for the season. Gloucester, MA.

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Recently Sold Nearby

Property History

Market Insights

2
Price Changes
37.7%
Price Range
1
Previous Sales

Property Timeline

Pending Sale
Jun 19, 2026
Offer accepted, sale pending
Price Reduced
May 11, 2026
$324,900 $15,000 (-4.41%)
From $339,900 to $324,900 (-4.4%)
Price Reduced
Apr 16, 2026
$339,900 $5,100 (-1.48%)
From $345,000 to $339,900 (-1.5%)
👁️
Showing Instructions Updated
Apr 2, 2026
New showing requirements
🏠
Listed for Sale
Apr 2, 2026
$345,000
Original listing
Agent: The Bill Butler Group Office: Leading Edge Real Estate
Previous Transaction - MLS #72635963
Full transaction history available when tracking began
🏷️
Previously Sold
Jun 29, 2020
$215,000
MLS #72635963

Tax History

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

Financial Details

Annual Property Tax
$2,549
Tax Year 2025
HOA Fee
$320
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 Vinyl, Carpet
Appliances None
Fireplace None
Basement N
Laundry None
Features None

Exterior

Construction None
Architecture None
Roof Rubber
Features Patio
Pool None
Spa None
Fencing None
Patio/Porch Patio
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 $320 Monthly
Fee Includes Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash
Amenities Laundry
Optional Fee Includes None
Owner-Occupied Units 34
Down Payment Resource Eligible
Pets No
Seller Disclosures Buyer And Buyer Agent To Verify All Information And Do Their Own Due Diligence. Room Sizes Approximate.
Possession None
Accepted Financing None
Structure Type ["Garden"]
Unit/Building 1M
Sq Ft Source Field Card
Documents Unit Deed (1)
County Essex
Total market time (incl. prior listings) 71 days

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

Room Details

First Floor

Bathroom1
6 x 5
Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Vinyl
Kitchen
14 x 9
Flooring - Vinyl
Living Room
20 x 13
Flooring - Wall to Wall Carpet, Slider
Master Bedroom
14 x 11
Flooring - Wall to Wall Carpet

Other Floor

Bedroom5
Bedroom4
Bedroom3
Dining Room
Bathroom2
Bedroom2
Bathroom3
Office
Family Room
Master Bathroom

Interior Features

Flooring: Vinyl, Carpet
Appliances:
Interior Features:
Windows:
Basement: N
Laundry:
Security:

Construction & Materials

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

Heating, Cooling & Utilities

Heating: Electric
Cooling: Wall 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: Off Street, Assigned, Paved

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 $212
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.

Location

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Neighborhood

2 Ocean Ave # 1M, Gloucester MA 01930

Gloucester, MA 01930

Listing Information

Listing Agent The Bill Butler Group
Listing Office Leading Edge Real Estate
Office Phone 781-979-0100
Agent MLS ID TM327053
Office MLS ID AN4646
Listing Data Updated Jun 23, 2026 3:30 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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