Dimensions6 x 5
FeaturesBathroom - Full, Bathroom - With Tub & Shower, Flooring - Vinyl
LevelFirst
2 Ocean Ave # 1M, Gloucester MA 01930
Gloucester, MA 01930
$324,900
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Sale Statistics
Sale Overview
Original List Price:
$345,000
Final Sale Price:
$324,900
Difference:
$20,100 (-5.8%)
Performance Metrics
94.2%
List to Sale Ratio
Sold below asking price
77
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft:
$451
Sale $/sq ft:
$425
This property sold for $425 per square foot
Sale Summary
This property sold for 5.8% below the original asking price.
The property spent 77 days on market before selling.
Nearby Sales Comparison
Based on 4 similar properties sold within 0.5 miles in the last 90 days
This Property
$425/sq ft
Area Median
$507/sq ft
Difference
16.1%
This property sold below the area median, potentially representing good value for the buyer.
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
71
Total Days on Market
1
Previous Sales
Property Timeline
Sold
Jul 10, 2026
$324,900
Property sold
Days on Market: 71
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
$324,900
Original listing
Agent: The Bill Butler Group
Office: Leading Edge Real Estate
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
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 07/10/2026 | ✓ Sold | $324,900 | - | - | Property sold |
| 06/19/2026 | ⏳ Pending Sale | - | - | - | Offer accepted, sale pending |
| 05/11/2026 | ↓ Price Reduced | $324,900 | $15,000 | - | From $339,900 to $324,900 (-4.4%) |
| 04/16/2026 | ↓ Price Reduced | $339,900 | $5,100 | - | From $345,000 to $339,900 (-1.5%) |
| 04/02/2026 | 👁️ Showing Instructions Updated | - | - | - | New showing requirements |
| 04/02/2026 | 🏠 Listed for Sale | $324,900 | - | - | Original listing |
| 04/02/2026 | 🏠 Listed for Sale | $345,000 | - | - | Original listing |
| 06/29/2020 | 🏷️ Previously Sold | $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
Parking
Features
Off Street, Assigned, Paved
Total Spaces
1
Utilities
Electric
None
Water
Public
Sewer
Private Sewer
Gas
None
Other
For Electric Range, For Electric Oven
Financial
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
Pets
No
MA Disclosures
Seller Disclosures
Buyer And Buyer Agent To Verify All Information And Do Their Own Due Diligence. Room Sizes Approximate.
Additional Details
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
Sold
Year Built
2003
Bedrooms
1
Full Bathrooms
1
Living Area
765 sq ft
Total Rooms
3
Stories
1
Entry Level
1
Floor Layout
Interactive room guide
Floor Layout
Finished Area
765 sq ft above grade
Dimensions14 x 9
FeaturesFlooring - Vinyl
LevelFirst
Dimensions20 x 13
FeaturesFlooring - Wall to Wall Carpet, Slider
LevelFirst
Dimensions14 x 11
FeaturesFlooring - Wall to Wall Carpet
LevelFirst
Display Options
Outdoor Areas
Patio & porchPatio
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:
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 District
Gloucester School District local
C-
Where Graduates Go
Class of 2021
42%
attend college
31%
4-Year
11%
2-Year
17%
Out of State
14%
Working
School Safety
2024-25
1.9%
Average
1.9%
Suspensions
0.5%
In-School
3.6% below state avg
Elementary Schools
3 schools
A
Manchester Memorial Elementary School
2.7 mi
|
#156 of 824
|
Score: 56.9
Dropped 39 spots from last year
-1.3 below state avg
304 students
Less Diverse
Grades PK-05
C-
West Parish School
3.0 mi
|
#683 of 824
|
Score: 36.5
Dropped 245 spots from last year
-21.7 below state avg
382 students
Less Diverse
Grades K-05
Faith Christian School
4.2 mi
Grades PK-08
Middle Schools
3 schools
A
Manchester Essex Regional Middle School
2.8 mi
|
#56 of 352
|
Score: 55.7
Improved 44 spots from last year
-2.5 below state avg
279 students
Less Diverse
Rising School
Grades 06-08
C+
Ralph B O'Maley Middle School
4.2 mi
|
#238 of 352
|
Score: 37.3
Improved 24 spots from last year
-20.9 below state avg
619 students
Moderate
Rising School
Grades 06-08
Landmark School - Elementary Middle School
4.3 mi
Grades K-09
High Schools
2 schools
A+
Manchester Essex Regional High School
2.8 mi
|
#23 of 346
|
Score: 73.0
Improved 10 spots from last year
+14.8 above state avg
392 students
Less Diverse
19 sports
• 932 athletes
Strong AP Program
High Graduation Rate
College Ready Curriculum
Strong Athletics
Grades 09-12
C+
Gloucester High School
3.1 mi
|
#212 of 346
|
Score: 50.4
Improved 27 spots from last year
-7.8 below state avg
776 students
Moderate
17 sports
• 1,070 athletes
Rising School
Career Tech Programs
Strong Athletics
Grades 09-12
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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
Jul 10, 2026 5:18 PM 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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