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2 Ocean Ave # 2J, Gloucester MA 01930 – 1 bed 1 bath For Sale – 73318935

$ 350,000
2 Ocean Ave # 2J, Gloucester MA 01930,

Overview

  • Updated On:
  • March 4, 2025
  • listingid
  • 73318935
  • 1 Bedroom
  • 1 Bathroom
  • 0 Garage Spaces
  • 1 Non-Garage Parking
  • 2003
  • 311.79 HOA Fee

Description

Ocean Terrace Condominiums are nestled in the charming seaside village of Magnolia, surrounded by nearby restaurants, shops, and access to a private beach club exclusively for Magnolia residents. Experience the best of coastal living with summer block parties, fireworks, and scenic shoreline walks. This delightful 1-bedroom unit is perfect as a weekend getaway, primary residence, or investment property. Enjoy breathtaking Cape Ann vistas and convenient access to popular attractions, including Magnolia Beach, Magnolia Pier, and the Hammond Castle Museum. The sunny, open living room is ideal for dining, relaxing, and entertaining, with sliding doors leading to a private deck. Start your mornings here with a cup of coffee, accompanied by the soothing sounds of the ocean breeze.

This property is listed by The Murray Brown Group from RE/MAX Beacon

Property Listing Details

Overview

MLS Status
Price $ 350,000
Living Area 765.00 ft2
Bedrooms 1
Total Rooms 4
Listing MLS ID 73318935
Days on Market 56
Bathrooms 1

Unit Information

Bedrooms 1
Full Bathrooms 1
Half Bathrooms 0
Cooling Wall Unit(s)
Heating Electric
Uncovered Parking 1
Garage Parking 0
Water View
Unit Level 2
Common Walls 2+ Common Walls
Laundry Features
Lead Paint None
Outdoor Space Available
Living Area Includes Basement N
Patio And Porch Features
Parking Features Off Street
Waterview Features
Flooring

Building Information

Building Name Ocean Terrace Condominium Trust
Units in Building 42
Pets Allowed
Association Amenities Laundry
Pool Features
Waterfront Features Beach Front
Association Fee Includes Water,Sewer,Insurance,Maintenance Structure,Maintenance Grounds,Snow Removal,Trash
Construction Materials
Year Built 2003
Security Features
Sewer Public Sewer,Private Sewer
Spa Features
Structure Type Mid-Rise
Water Source Public
Basement N
Roof

Additional Details

Community Features
Disclosures
Last Updated 2025-03-04T17:42:00.000Z
Building Area Source Public Records
MLS PIN Page
Parcel Number M:0169 B:0003 L:0002(J),1901978
Original List Price 350000
Listing Office re/max beacon
Tax Annual Amount 2390
Tax Assessed Value 245600
Tax Book Number 30777
Tax Year 2024
Year Built Details Actual
Year Built Source Public Records
Zoning VB
Listing Agent the murray brown group

Property Address

Address: 2 Ocean Ave # 2J, Gloucester MA 01930
State/County:
Zip: 01930
Country: US

Amenities and Features

Other Features
Has Cooling System
Has Heating System
Property Attached

Payment Calculator

$ 2,317.20
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 1,678.74

Map

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Hospitals

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2 Ocean Ave # 2J, Gloucester MA 01930 | © 2024 DOUGLAS ELLIMAN REAL ESTATE. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY. WHILE THIS INFORMATION IS BELIEVED TO BE CORRECT, IT IS REPRESENTED SUBJECT TO ERRORS, OMISSIONS, CHANGES OR WITHDRAWAL WITHOUT NOTICE. ALL PROPERTY INFORMATION, INCLUDING, BUT NOT LIMITED TO SQUARE FOOTAGE, ROOM COUNT, NUMBER OF BEDROOMS AND THE SCHOOL DISTRICT IN PROPERTY LISTINGS ARE DEEMED RELIABLE, BUT SHOULD BE VERIFIED BY YOUR OWN ATTORNEY, ARCHITECT OR ZONING EXPERT. THE NUMBER OF BEDROOMS LISTED ABOVE IS NOT A LEGAL CONCLUSION. EACH PERSON SHOULD CONSULT WITH HIS/HER OWN ATTORNEY, ARCHITECT OR ZONING EXPERT TO MAKE A DETERMINATION AS TO THE NUMBER OF ROOMS IN THE UNIT THAT MAY BE LEGALLY USED AS A BEDROOM. EQUAL HOUSING OPPORTUNITY.

Property Details

2 Ocean Ave # 2J, Gloucester MA 01930 – 1 bed 1 bath For Sale – 73318935

$ 350,000

Status:

2 Ocean Ave # 2J, Gloucester MA 01930, , , 01930

Country: US

Property Overview

MLS #: 73318935

Type: / Mid-Rise

Action:

Year Built: 2003 (Actual, Source: Public Records, Effective: )

Living Area: 765.00 ft2 (Total: 765 Square Feet, Source: Public Records)

Lot Size: (Area: Acres, SqFt: )

Total Rooms: 4

Condition:

Availability:

Building Name: Ocean Terrace Condominium Trust

Interior Features

Bedrooms: 1 (Main Level: )

Bathrooms: Total: 1 (Full: 1, Half: 0, Decimal: 1, Main Level: )

Basement: N

Fireplaces: 0 ()

Flooring:

Laundry:

Window Features:

Door Features:

Accessibility:

Entry: Level 2, Location: Unit Placement(Upper)

Other Equipment:

Construction & Design

Style:

Materials:

Foundation: (Area: )

Roof:

Stories: 1 ()

Common Walls: 2+ Common Walls

Body Type:

Utilities & Green Features

Heating: Electric

Cooling: Wall Unit(s)

Water Source: Public

Sewer: Public Sewer,Private Sewer ()

Utilities:

Electric: (Expense: )

Gas:

Energy Certificate:

Green Energy Efficient:

Green Energy Generation:

Green Indoor Air Quality:

Green Water Conservation:

Insulation:

Exterior & Lot Features

Garage Spaces: 0

Covered Spaces: 0

Parking Total: 1

Parking Features: Off Street

Pool:

Spa:

Patio/Porch:

Fencing:

Lot Features:

View: (, Waterview Y/N: )

Waterfront: Beach Front

Road Frontage: ()

Road Surface:

Road Responsibility:

Other Structures:

Horse Amenities:

Wooded Area:

Pasture Area:

Cultivated Area:

Additional Parcels: (Number: )

Outdoor Space:

Community & Association

Community Features:

Association Fee: (Monthly)

Fee Includes: Water,Sewer,Insurance,Maintenance Structure,Maintenance Grounds,Snow Removal,Trash

Association Amenities: Laundry

Pets Allowed:

Schools: E: , M: , H:

Zoning: VB ()

MLS Area: Major: , Minor:

Management: Professional - Off Site

Optional Fee: (Includes: )

Property Description

Ocean Terrace Condominiums are nestled in the charming seaside village of Magnolia, surrounded by nearby restaurants, shops, and access to a private beach club exclusively for Magnolia residents. Experience the best of coastal living with summer block parties, fireworks, and scenic shoreline walks. This delightful 1-bedroom unit is perfect as a weekend getaway, primary residence, or investment property. Enjoy breathtaking Cape Ann vistas and convenient access to popular attractions, including Magnolia Beach, Magnolia Pier, and the Hammond Castle Museum. The sunny, open living room is ideal for dining, relaxing, and entertaining, with sliding doors leading to a private deck. Start your mornings here with a cup of coffee, accompanied by the soothing sounds of the ocean breeze.

Room Details

Living Room (): x ( sqft) - Features:

Dining Room (): x ( sqft) - Features:

Kitchen (): x ( sqft) - Features:

Master Bedroom (): x ( sqft) - Features:

Master Bathroom: Features:

Laundry Dimensions:

Multi-Unit Information (if applicable)

Total Units: 42

Units Owner Occupied:

Unit 1: Beds: , Full Baths: , Half Baths: , Levels: , Rent: , Lease:

Unit 2: Beds: , Full Baths: , Half Baths: , Levels: , Rent: , Lease:

Unit 3: Beds: , Full Baths: , Half Baths: , Levels: , Rent: , Lease:

Unit 4: Beds: , Full Baths: , Half Baths: , Levels: , Rent: , Lease:

Complex Complete:

Unit Building: 2J

Financial & Lease Information

Tax Annual Amount: 2390 (Year: 2024)

Tax Assessed Value: 245600

Tax Block/Lot/Book/Map: / / 30777 /

Parcel Number: M:0169 B:0003 L:0002(J),1901978

Special Licenses:

Current Financing: Conv. Fixed

Gross Income: (Scheduled: )

Net Operating Income:

Operating Expense: (Water/Sewer: , Insurance: )

Financial Data Source:

APOD Available:

Tenant Pays:

Rent Includes:

Total Actual Rent:

Lease Term: (Existing Type: )

Deposit Required: (Security: , First Month: , Last Month: )

Insurance Required:

References Required:

Listing & Agent Information

Listing Agent: The Murray Brown Group (MLS ID: TM329476) / Team: CT006248,CN202592

Listing Office: RE/MAX Beacon (MLS ID: AN8171)

Agent (Property): 57

Buyer Agent MLS ID: CT006780

Buyer Office MLS ID: G95022

Listing Agreement: Exclusive Right To Sell

Listing Contract Date: 2024-12-10

Expiration Date: 1900-01-01

Original List Price: 350000

Price Per SqFt (List): 457.52

Market Time (Property): 56 (Broker: 56, Prev Broker: 0, Prev Property: 0)

MLS Status: Sold

Possession:

Directions: Hesperus to Norman to Ocean

Disclosures: , N

Lead Paint: None

Title 5: A

Exclusions:

Contingency: Pending P&S

Special Listing Conditions:

Lender Owned:

Short Sale Lender Approval Required:

Home Warranty Y/N:

Documents Available: (Count: )

Showings Deferral Date:

Open House Flag: 0

Listing Alert: No

Square Feet Disclosures: (Incl. Base: No, Other: )

Master Book/Page: / (Page: 415)

Sale Information (if applicable)

Close Date: 2025-03-04

Close Price: 350000

Price Per SqFt (Sold): 457.52

Anticipated Sold Date: 2025-03-04T05:00:00.000Z

Concessions Amount:

Purchase Contract Date: 2025-01-20

Sold vs Rent:

System Information

Property ID: 1655964

Modification Timestamp: 2025-03-04T17:42:00.000Z

Bridge Modification Timestamp: 2025-03-04T17:49:03.168Z

Original Entry Timestamp: 2024-12-10T21:18:00.000Z

Status Change Timestamp: 2025-03-04T17:42:00.000Z

Off Market Date: 2025-02-03

Development Status:

Business Type:

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