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Off market
    • $626,800

    40 Madison Ave, Gloucester, MA 01930

    2beds
    1,309sqft
    Single Family Residence
    Built in 1938
    5,000 Square Feet Lot
    $626,800 Zestimate®
    $479/sqft
    $3,003 Estimated rent

    Home value

    $626,800

    $595,000 - $658,000

    $3,003/mo

    Zestimate® history
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    What's special

    Surprise bonus roomBeautiful hardwood floorsSunny corner lotNatural light

    Welcome 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

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Zillow last checked:

    Listing updated:

    Listed by:

    Alie Broom 603-512-1408,

    Compass 978-248-8081

    Bought with:

    Katherine Eberhardt

    RE/MAX 360

    Source: MLS PIN,MLS#: 73139008

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 1
    • 1/2 bathrooms: 1
    Primary bedroom
    • Level: Second
    Bedroom 2
    • Level: Second
    Dining room
    • Level: First
    Kitchen
    • Level: First
    Living room
    • Level: First
    Heating
    • Baseboard, Oil
    Cooling
    • Window Unit(s)
    Appliances
    • Included: Water Heater, Range, Dishwasher, Refrigerator, Washer, Dryer
    • Laundry: In Basement
    Features
    • Flooring: Wood
    • Basement: Partial,Unfinished
    • Has fireplace: No
    Interior area
    • Total structure area: 1,309
    • Total interior livable area: 1,309 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Paved Drive, Paved
    • Uncovered spaces: 2
    Features
    • Patio & porch: Porch
    • Exterior features: Porch
    • Waterfront features: 1/2 to 1 Mile To Beach, Beach Ownership(Public)
    Lot
    • Size: 5,000 Square Feet
    Details
    • Parcel number: M:0039 B:0034 L:0000,1895771
    • Zoning: R-5

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Colonial
    • Property subtype: Single Family Residence
    Materials
    • Frame
    • Foundation: Concrete Perimeter
    • Roof: Shingle
    Condition
    • Year built: 1938

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    HOA
    • Has HOA: No
    Location
    • Region: Gloucester

    Financial & listing details

    • Price per square foot: $479/sqft
    • Tax assessed value: $366,100
    • Annual tax amount: $3,877
    • Date on market: 1/21/2026

    Price history

    DateEventPrice
    8/16/2023Sold$580,000+16%$443/sqft
    Source: MLS PIN #73139008 Report a problem
    7/20/2023Listed for sale$499,900+41.3%$382/sqft
    Source: MLS PIN #73139008 Report a problem
    6/23/2020Sold$353,750+4.7%$270/sqft
    Source: Public Record Report a problem
    5/12/2020Pending sale$338,000$258/sqft
    Source: Vadala Real Estate #72651783 Report a problem
    5/5/2020Listed for sale$338,000$258/sqft
    Source: Vadala Real Estate #72651783 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,040 $415,200
    2024$4,040 +4.2%$415,200 +13.4%
    2023$3,877 $366,100
    2022$3,877 +6.7%$366,100 +25.3%
    2021$3,635 +2.4%$292,200 +1.5%
    2020$3,551 +4.7%$288,000 +7.7%
    2019$3,393 +4.1%$267,400 +6.1%
    2018$3,258 +3%$252,000 +5.1%
    2017$3,162 +2%$239,700 +5.2%
    2016$3,100 +3.9%$227,800 +4.3%
    2015$2,983 +10.8%$218,500 +5.4%
    2014$2,692 -17.1%$207,400 -19.4%
    2013$3,248 +1.7%$257,400 -1.8%
    2012$3,194 +3.5%$262,200 -3.9%
    2011$3,085 +4.8%$272,800 -2.8%
    2010$2,943 +2.5%$280,600 -6.2%
    2009$2,870 +2.1%$299,000 -3.2%
    2008$2,811 +3.8%$308,900 -1.8%
    2007$2,709 +0.4%$314,600 +1.2%
    2006$2,699 +10%$310,900 +13.9%
    2005$2,453 +14.7%$272,900 +22.7%
    2004$2,138 -4.1%$222,500 +9.3%
    2003$2,229 +9.4%$203,600 +32.6%
    2001$2,038 +7.4%$153,600 +22.1%
    1999$1,898 $125,800
    Find assessor info on the county website

    Neighborhood: 01930

    Nearby homes

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: East Gloucester
    • Middle: O'maley Innov
    • High: Gloucester Hs

    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
    $626,800
    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
    $626,800

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