7 Colburn, Gloucester MA 01930

Gloucester, MA 01930
$500,000
Est. $2,661/month
2
Beds
1.5
Baths
1,230
Sq Ft
$407
Price/Sq Ft
0.30
Acres
1920
Year Built
Single Family Residence
Type
24
Days on Market
Closed Listed Sep 29, 2025 • MLS# 73310808

About this home

Amazing location on a dead end street. Bring your vision and contractor and make this your forever home! Great bones with an oversized attached 2 car garage and loft space. The home features a large eat in kitchen and living room with a beautiful wood stove. Great views year round from the bedroom level.

Sale Statistics

Sale Overview
Original List Price: $599,000
Final Sale Price: $500,000
Difference: $99,000 (-16.5%)
Performance Metrics
83.5%
List to Sale Ratio
Sold below asking price
24
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $487
Sale $/sq ft: $407
This property sold for $407 per square foot
Sale Summary

This property sold for 16.5% below the original asking price.

With only 24 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
Single Family Residence
Property Category
Residential
Year Built
1920
Bedrooms
2
Full Bathrooms
1
Half Bathrooms
1
Living Area
1,230 sq ft
Total Rooms
7

Interior Features

Flooring
Wood
Heating
Baseboard, Oil
Has Heating
Yes
Cooling
Window Unit(s)
Has Cooling
Yes
Has Fireplace
Yes
Number of Fireplaces
1
Appliances
Range, Dishwasher, Washer, Dryer
Laundry Features
Electric Dryer Hookup
Basement Details
Crawl Space, Interior Entry, Sump Pump, Unfinished

Exterior & Structure

Construction Materials
Frame
Architectural Style
Colonial
Roof
Shingle
Foundation
Granite
Has Spa
No
Waterfront Features
Bay, Beach Ownership(Public)
Waterfront Property
No

Lot & Land

Lot Size
0.30 acres
Lot Size
13,000 sq ft
Lot Size Area
0.3000
Lot Features
Wooded

Parking & Garage

Garage Spaces
2
Has Garage
Yes
Attached Garage
Yes
Has Carport
No
Total Non-Garage Parking Spaces
5
Parking Features
Attached
Covered Parking Spaces
2

Utilities & Systems

Utilities Available
for Gas Range, for Electric Dryer
Water Source
Public
Sewer
Public Sewer

Community & HOA

Community Features
Public Transportation
HOA
No
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$5,056
Tax Year
2024
Tax Assessed Value
$519,600
Parcel Number
1901354
Zoning
R-80

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
Attached Property
No
Disclosures
House is being sold as is. The seller has never lived in the property.

Location

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Neighborhood

7 Colburn, 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 $421
Homeowners Insurance $200
PMI $0

Property History

Market Insights

16.5%
Price Range
26
Total Days on Market

Property Timeline

Sold
Dec 18, 2024
$500,000
Property sold
Days on Market: 26
🏠
Listed for Sale
Nov 7, 2024
$599,000
Original listing
Agent: Mike Preston Office: CENTURY 21 Revolution

Price & Status History

Date Event Price Change
Nov 7, 2024 New Listing Added $599,000

Market Statistics

Days on Market
24 days
Price per Sq Ft
$407

Tax History

Year Taxes Assessment
2024 $5,056 $519,600

Financial Details

Annual Property Tax
$5,056
Tax Year 2024
Assessed Value
$519,600

Listing Information

Listing Agent Mike Preston
Listing Office CENTURY 21 Revolution
Agent MLS ID CT003146
Office MLS ID AN7669

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