Enjoy coastal living with a beautiful ocean view in this charming one bedroom, one bath condo at the Ocean Terrace Condominiums in lovely Magnolia. The open living area features sliding doors to a private outdoor balcony with ocean views—perfect for morning coffee and sea breezes. The spacious living room and bedroom offer great natural light; genuine wood flooring throughout; air conditioning; laundry on premises; and assigned parking. Located just moments from beautiful Magnolia Beach, with a brunch/lunch spot, restaurant, and pub only a block away. Enjoy Magnolia’s village charm, shoreline walks in this beautiful and special little oceanside village. A wonderful home, vacation retreat or investment in a sought-after seaside setting.
Sold for $342,500
$342,500
2 Ocean Ave APT 3C, Gloucester, MA 01930
1beds
765sqft
Condominium
Built in 2003
-- sqft lot
$343,200 Zestimate®
$448/sqft
$2,332 Estimated rent
Home value
$343,200
$316,000 - $374,000
$2,332/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Derek Greene 860-560-1006,
The Greene Realty Group 860-560-1006
Bought with:
Katelyn Ciaramitaro
Engel & Volkers By the Sea
Source: MLS PIN,MLS#: 73463266
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Electric Baseboard
Cooling
- Wall Unit(s), Dual
Appliances
- Included: Range, Refrigerator, Freezer, ENERGY STAR Qualified Refrigerator
Features
- Flooring: Wood
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 765
- Total interior livable area: 765 sqft
- Finished area above ground: 765
Property
Parking
- Total spaces: 1
- Parking features: Off Street, Deeded
- Uncovered spaces: 1
Features
- Has view: Yes
- View description: Water, Ocean
- Has water view: Yes
- Water view: Ocean,Water
- Waterfront features: 1/10 to 3/10 To Beach, Beach Ownership(Private, Public)
Details
- Parcel number: M:0169 B:0003 L:0003(C),1901943
- Zoning: VB
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- Brick, Double Stud Wall
- Roof: Rubber
Condition
- Year built: 2003
Utilities & green energy
- Electric: 220 Volts
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Amenities included: Hot Water, Laundry
- Services included: Water, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal
- HOA fee: $343 monthly
Location
- Region: Gloucester
Financial & listing details
- Price per square foot: $448/sqft
- Tax assessed value: $262,200
- Annual tax amount: $2,549
- Date on market: 1/31/2026
Price history
| Date | Event | Price |
|---|---|---|
| 2/27/2026 | Sold | $342,500+1%$448/sqft |
Source: MLS PIN #73463266 Report a problem | ||
| 1/7/2026 | Contingent | $339,000$443/sqft |
Source: MLS PIN #73463266 Report a problem | ||
| 12/21/2025 | Price change | $339,000-3.1%$443/sqft |
Source: MLS PIN #73463266 Report a problem | ||
| 12/20/2025 | Listed for sale | $350,000+400%$458/sqft |
Source: MLS PIN #73463266 Report a problem | ||
| 3/18/1994 | Sold | $70,000$92/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,390 | $245,600 |
| 2024 | $2,390 +4.3% | $245,600 +13.5% |
| 2023 | $2,292 | $216,400 |
| 2022 | $2,292 -2.2% | $216,400 +14.9% |
| 2021 | $2,344 +0.9% | $188,400 |
| 2020 | $2,323 +0.2% | $188,400 +3.1% |
| 2019 | $2,318 +6% | $182,700 +8% |
| 2018 | $2,186 +14% | $169,100 +16.3% |
| 2017 | $1,918 +3.2% | $145,400 +6.5% |
| 2016 | $1,858 +4% | $136,500 +4.3% |
| 2015 | $1,787 +4% | $130,900 -1.1% |
| 2014 | $1,719 +2.1% | $132,400 -0.7% |
| 2013 | $1,684 +4.9% | $133,400 +1.2% |
| 2012 | $1,605 -1.2% | $131,800 -8.3% |
| 2011 | $1,625 -12.6% | $143,700 -18.9% |
| 2010 | $1,859 +1.5% | $177,200 -7.1% |
| 2009 | $1,831 +12.1% | $190,700 +6.2% |
| 2008 | $1,633 -11.9% | $179,500 -16.6% |
| 2007 | $1,853 | $215,200 |
Find assessor info on the county website
Neighborhood: 01930
Nearby homes
- $340,0001 bd1 ba765 sqft2 Ocean Ave APT 1J, Gloucester, MA 01930Sold
- $324,9001 bd1 ba765 sqft2 Ocean Ave APT 1M, Gloucester, MA 01930Sold
- $350,0001 bd1 ba765 sqft2 Ocean Ave APT 2J, Gloucester, MA 01930Sold
- $330,0001 bd1 ba765 sqft2 Ocean Ave APT 2K, Gloucester, MA 01930Sold
- $340,0002 bd1 ba870 sqft2 Ocean Ave APT 3H, Gloucester, MA 01930Sold
- $405,6002 bd1 ba870 sqft2 Ocean Ave APT 1A, Gloucester, MA 01930Off Market
- $324,8001 bd1 ba765 sqft2 Ocean Ave APT 1B, Gloucester, MA 01930Off Market
- $326,2001 bd1 ba765 sqft2 Ocean Ave APT 1C, Gloucester, MA 01930Off Market
Nearby schools
GreatSchools rating
- 6/10West Parish Elementary SchoolGrades: K-5Distance: 3 mi
- 5/10Ralph B O'Maley Innovation Middle SchoolGrades: 6-8Distance: 4.2 mi
- 4/10Gloucester High SchoolGrades: 9-12Distance: 3.1 mi
Schools provided by the listing agent
- Elementary: West Parish
- High: Gloucester
Source: MLS PIN. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$343,200
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$343,200
- Massachusetts
- Essex County
- Gloucester
- 01930
- 2 Ocean Ave Apartment 3C
