A
Seller's Agent in 2023
Alie Broom
Compass
(603) 438-8301
1 in this area
56 Total Sales
40 Madison Ave Gloucester, MA 01930
Central Gloucester NeighborhoodEstimated Value: $608,000 - $626,000
2
Beds
1.5
Baths
1,309
Sq Ft
$474/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- No HOA
- Window Unit Cooling System
- Wood Flooring
- Porch
- Baseboard Heating
About This Home
As of August 2023Welcome to your dream home in Gloucester, MA! This upgraded 2-bedroom, 1.5-bathroom gem sits on a sunny corner lot, bathing the interior in natural light and creating a warm, inviting atmosphere. The open living room, dining room, and kitchen feature beautiful hardwood floors, making the space perfect for relaxation and entertaining. One of the highlights of this home is the surprise bonus room tucked away in the garage space. The possibilities are endless in his versatile space! Outside, the corner lot offers a picturesque setting with plenty of space for outdoor activities. Imagine sipping your morning coffee on the deck or hosting barbecues with friends and family in this idyllic backyard. Don't miss the chance to own this beautifully upgraded home in Gloucester, MA. Schedule a viewing today and see for yourself why this property stands out from the rest. Your new chapter begins here! Open House Friday 4-6pm & Saturday 9-11am. Offer deadline Monday 7/23 at 10am
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,877
Year Built
- Built in 1938
Lot Details
- 5,000 Sq Ft Lot
- Property is zoned R-5
Home Design
- Colonial Architecture
- Frame Construction
- Shingle Roof
- Concrete Perimeter Foundation
Interior Spaces
- 1,309 Sq Ft Home
- Wood Flooring
Kitchen
- Range
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
- Primary bedroom located on second floor
Laundry
- Dryer
- Washer
Unfinished Basement
- Partial Basement
- Laundry in Basement
Parking
- 2 Car Parking Spaces
- Driveway
- Paved Parking
- Open Parking
Outdoor Features
- Porch
Schools
- East Gloucester Elementary School
- O'maley Innov Middle School
- Gloucester High School
Utilities
- Window Unit Cooling System
- Heating System Uses Oil
- Baseboard Heating
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number M:0039 B:0034 L:0000,1895771
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 20, 2023
Closed on
Aug 16, 2023
Sold by
Bought by
Seller's Agent
Alie Broom
Compass
Buyer's Agent
Katherine Eberhardt
eXp Realty LLC
List Price
$499,900
Sold Price
$580,000
Premium/Discount to List
$80,100
16.02%
Views
101
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,193
Avg. Annual Appreciation
2.38%
Original Mortgage
$333,000
Outstanding Balance
$323,426
Interest Rate
6.81%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$296,767
Purchase Details
Listed on
May 5, 2020
Closed on
Jun 22, 2020
Sold by
Bought by
Seller's Agent
Mark Ventimiglia
Vadala Real Estate
Buyer's Agent
Patty Knaggs
RE/MAX Beacon
List Price
$338,000
Sold Price
$353,750
Premium/Discount to List
$15,750
4.66%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.00%
Original Mortgage
$300,688
Interest Rate
3.2%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 14, 2007
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $580,000 | None Available | ||
| $353,750 | None Available | ||
| -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $333,000 | ||
| Previous Owner | $300,688 | ||
| Previous Owner | $240,000 | ||
| Previous Owner | $220,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/16/2023 08/16/23 | Sold | $580,000 | +16.0% | $443 / Sq Ft | |
| 07/25/2023 07/25/23 | Pending | -- | -- | -- | |
| 07/20/2023 07/20/23 | For Sale | $499,900 | +41.3% | $382 / Sq Ft | |
| 06/23/2020 06/23/20 | Sold | $353,750 | +4.7% | $270 / Sq Ft | View Prior Sale |
| 05/12/2020 05/12/20 | Pending | -- | -- | -- | |
| 05/05/2020 05/05/20 | For Sale | $338,000 | -- | $258 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $4,663 | $479,700 | $150,200 | $329,500 |
| 2024 | $4,040 | $415,200 | $143,000 | $272,200 |
| 2023 | $3,877 | $366,100 | $127,700 | $238,400 |
| 2022 | $3,761 | $320,600 | $111,100 | $209,500 |
| 2021 | $3,635 | $292,200 | $101,000 | $191,200 |
| 2020 | $3,551 | $288,000 | $101,000 | $187,000 |
| 2019 | $3,393 | $267,400 | $101,000 | $166,400 |
| 2018 | $3,258 | $252,000 | $101,000 | $151,000 |
| 2017 | $3,162 | $239,700 | $96,200 | $143,500 |
| 2016 | $3,100 | $227,800 | $100,300 | $127,500 |
| 2015 | $2,983 | $218,500 | $100,300 | $118,200 |
Source: Public Records
Agents Affiliated with this Home
-
Alie Broom
-
Katherine Eberhardt
K
Buyer's Agent in 2023
Katherine Eberhardt
eXp Realty LLC
(603) 228-9733
1 in this area
7 Total Sales
-
Mark Ventimiglia
Seller's Agent in 2020
Mark Ventimiglia
Vadala Real Estate
(978) 281-1111
31 in this area
77 Total Sales
-
Patty Knaggs
Buyer's Agent in 2020
Patty Knaggs
RE/MAX
(978) 290-1407
16 in this area
75 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73139008
APN: GLOU-000039-000034
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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