16 Madison Ave Gloucester, MA 01930
Central Gloucester NeighborhoodEstimated Value: $599,339 - $643,000
3
Beds
2
Baths
1,325
Sq Ft
$469/Sq Ft
Est. Value
About This Home
This home is located at 16 Madison Ave, Gloucester, MA 01930 and is currently estimated at $621,780, approximately $469 per square foot. 16 Madison Ave is a home located in Essex County with nearby schools including Plum Cove School, Ralph B O'maley Middle School, and Gloucester High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 26, 2024
Sold by
Peavey Leslie and Macdonald Jamie
Bought by
Macdonald Jaime and Peavey Brandon R
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Outstanding Balance
$431,998
Interest Rate
7.02%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$189,782
Purchase Details
Closed on
Mar 3, 2023
Sold by
Peavey Leslie S
Bought by
Peavey Leslie S and Peavey Brandon R
Purchase Details
Closed on
Jun 24, 1999
Sold by
Shepard Donna and Babson Matthew M
Bought by
Peavey Don and Peavey Leslie S
Purchase Details
Closed on
Jan 29, 1993
Sold by
Jack Dennis and Jack Maureen
Bought by
Babson Matthew and Shepard Donna J
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Macdonald Jaime | -- | None Available | |
| Macdonald Jaime | -- | None Available | |
| Macdonald Jaime | -- | None Available | |
| Peavey Leslie S | -- | None Available | |
| Peavey Leslie | -- | None Available | |
| Peavey Leslie S | -- | None Available | |
| Peavey Don | $165,000 | -- | |
| Babson Matthew | $113,000 | -- | |
| Peavey Don A | $165,000 | -- | |
| Babson Matthew M | $113,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Macdonald Jaime | $440,000 | |
| Closed | Macdonald Jaime | $440,000 | |
| Previous Owner | Babson Matthew M | $150,000 | |
| Previous Owner | Babson Matthew M | $164,000 |
Source: Public Records
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,978 | $512,100 | $144,900 | $367,200 |
| 2024 | $4,916 | $505,200 | $138,000 | $367,200 |
| 2023 | $4,717 | $445,400 | $123,300 | $322,100 |
| 2022 | $4,582 | $390,600 | $107,200 | $283,400 |
| 2021 | $4,434 | $356,400 | $97,400 | $259,000 |
| 2020 | $4,341 | $352,100 | $97,400 | $254,700 |
| 2019 | $4,114 | $324,200 | $97,400 | $226,800 |
| 2018 | $3,929 | $303,900 | $97,400 | $206,500 |
| 2017 | $3,815 | $289,200 | $92,800 | $196,400 |
| 2016 | $3,703 | $272,100 | $96,800 | $175,300 |
| 2015 | $3,542 | $259,500 | $96,800 | $162,700 |
Source: Public Records
Map
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