40 Middle Street # 1, Gloucester MA 01930

Gloucester, MA 01930
$475,000
Est. $2,528/month
3
Beds
1
Baths
820
Sq Ft
$579
Price/Sq Ft
0.17
Acres
1900
Year Built
Condominium
Type
23
Days on Market
Closed Listed Sep 29, 2025 • MLS# 73295732

About this home

Beautifully updated 1st floor, 3 bedroom condo in the heart of downtown Gloucester. New kitchen and bath. Open concept living room with great sunlight, new and refinished hardwood floors, in-unit laundry, storage, Steps from Main Street restaurants and shops, and the harbor, park and beach. Private yard. New patio. On-site parking. This unit has its own private entrance. Move right in. This gem won't last.

Sale Statistics

Sale Overview
Original List Price: $499,999
Final Sale Price: $475,000
Difference: $24,999 (-5.0%)
Performance Metrics
95.0%
List to Sale Ratio
Sold below asking price
23
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $610
Sale $/sq ft: $579
This property sold for $579 per square foot
Sale Summary

This property sold for 5.0% below the original asking price.

With only 23 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
Condominium
Property Category
Residential
Year Built
1900
Bedrooms
3
Full Bathrooms
1
Living Area
820 sq ft
Total Rooms
5
Stories
1
Entry Level
1

Interior Features

Flooring
Wood, Tile, Laminate
Heating
Baseboard, Electric Baseboard
Has Heating
Yes
Cooling
None
Has Cooling
No
Has Fireplace
No
Appliances
Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Washer
Interior Features
Finish - Sheetrock, Internet Available - Broadband
Laundry Features
First Floor, In Unit, Electric Dryer Hookup, Washer Hookup
Basement Details
Y
Window Features
Insulated Windows
Door Features
Storm Door(s)

Exterior & Structure

Construction Materials
Frame
Roof
Asphalt/Composition Shingles
Exterior Features
Porch, Patio, Rain Gutters
Patio/Porch Features
Porch, Patio
Has Spa
No
Waterfront Features
Harbor, Walk to, 1/10 to 3/10 To Beach, Beach Ownership(Public)
Waterfront Property
No

Lot & Land

Lot Size
0.17 acres
Lot Size
7,518 sq ft
Lot Size Area
0.1700

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
1
Parking Features
Off Street, Assigned, Stone/Gravel

Utilities & Systems

Utilities Available
for Gas Range, for Electric Dryer, Washer Hookup
Water Source
Public
Sewer
Public Sewer
Electric
100 Amp Service

Community & HOA

Community Features
Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station
HOA Fee
$300
HOA Fee Frequency
Monthly
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$4,800
Tax Year
2024
Tax Assessed Value
$499,000
Parcel Number
1894212
Zoning
R-5

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
Building Name
40-42 Middle Street Condominiums
Disclosures
RE Taxes are estimates since building was just converted to condos. Owner has never lived in the building. Additional parking space is available to lease for $50 per month. Sewer Easement.
Listing Terms
Contract

Location

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Neighborhood

40 Middle Street # 1, Gloucester MA 01930

Gloucester, MA 01930

Walkability

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Schools

School information not available

Monthly Payment Calculator

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Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $400
Homeowners Insurance $200
HOA Fee $300
PMI $0

Property History

Market Insights

5%
Price Range
25
Total Days on Market

Property Timeline

Sold
Nov 22, 2024
$475,000
Property sold
Days on Market: 25
🏠
Listed for Sale
Sep 27, 2024
$499,999
Original listing
Agent: Shoshanah Collins Office: Boston Metropolitan Realty

Price & Status History

Date Event Price Change
Sep 27, 2024 New Listing Added $499,999

Market Statistics

Days on Market
23 days
Price per Sq Ft
$579

Tax History

Year Taxes Assessment
2024 $4,800 $499,000

Financial Details

Annual Property Tax
$4,800
Tax Year 2024
HOA Fee
$300
Monthly
Assessed Value
$499,000

Listing Information

Listing Agent Shoshanah Collins
Listing Office Boston Metropolitan Realty
Agent MLS ID CN203525
Office MLS ID AN0194

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