7 Madison Ave # A, Gloucester MA 01930

Gloucester, MA 01930
$574,000
Est. $3,055/month
3
Beds
1
Baths
1,410
Sq Ft
$407
Price/Sq Ft
0.11
Acres
1900
Year Built
Condominium
Type
90
Days on Market
Closed Listed Sep 29, 2025 • MLS# 73289471

About this home

This pristine three-bedroom unit has been exceptionally well cared for and exudes a pride in ownership. This is immediately evident from the well-manicured landscaping to the newer roof and freshly stained decks. Inside is a cozy and comfortable feel with a kitchen consisting of maple cabinets, graphite gray appliances and a breakfast bar. The living room is spacious with hardwood floors and enough space for a dining table if needed. The main living level also provides a beautiful full bath with laundry and a large main bedroom with double closets and a cathedral ceiling. The second level has two additional bedrooms both with substantial closet space. There is also a one car garage, central air conditioning, and a spacious and easily accessible storage area in the basement. Finally, this unit is set in a quiet residential neighborhood close to downtown Gloucester, Gloucester Harbor, beautiful beaches and Route 128

Sale Statistics

Sale Overview
Original List Price: $589,000
Final Sale Price: $574,000
Difference: $15,000 (-2.5%)
Performance Metrics
97.5%
List to Sale Ratio
Sold below asking price
90
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft: $418
Sale $/sq ft: $407
This property sold for $407 per square foot
Sale Summary

This property sold for 2.5% below the original asking price.

The property spent 90 days on market before selling.

Facts & Features

Property Overview

Property Type
Condominium
Property Category
Residential
Year Built
1900
Bedrooms
3
Full Bathrooms
1
Living Area
1,410 sq ft
Total Rooms
5
Stories
2
Entry Level
2

Interior Features

Flooring
Tile, Carpet, Hardwood
Heating
Baseboard, Natural Gas
Has Heating
Yes
Cooling
Central Air
Has Cooling
Yes
Has Fireplace
No
Laundry Features
First Floor, In Unit
Basement Details
Y

Exterior & Structure

Roof
Shingle
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.11 acres
Lot Size
5,000 sq ft
Lot Size Area
0.1100

Parking & Garage

Garage Spaces
1
Has Garage
Yes
Attached Garage
Yes
Has Carport
No
Total Non-Garage Parking Spaces
1
Parking Features
Under, Off Street, Paved
Covered Parking Spaces
1

Utilities & Systems

Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers

Community & HOA

Community Features
Public Transportation, Shopping, Medical Facility, Highway Access, Marina
HOA Fee
$250
HOA Fee Frequency
Monthly
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$0
Tax Year
2024
Tax Assessed Value
$0
Tax Lot
10
Tax Map Number
38
Parcel Number
1895654
Zoning
R-5

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
Common Walls
End Unit
Disclosures
New condo conversion, taxes not yet assessed, and condo fee is initial estimate

Location

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Neighborhood

7 Madison Ave # A, 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 $0
Homeowners Insurance $200
HOA Fee $250
PMI $0

Property History

Market Insights

76
Total Days on Market

Property Timeline

Sold
Dec 20, 2024
$574,000
Property sold
Days on Market: 76
🏠
Listed for Sale
Sep 12, 2024
$574,000
Original listing
Agent: Mark Ventimiglia Office: Vadala Real Estate

Price & Status History

Date Event Price Change
Sep 12, 2024 New Listing Added $574,000

Market Statistics

Days on Market
90 days
Price per Sq Ft
$407

Tax History

Year Taxes Assessment
2024 $0 $0

Financial Details

Annual Property Tax
$0
Tax Year 2024
HOA Fee
$250
Monthly
Assessed Value
$0

Listing Information

Listing Agent Mark Ventimiglia
Listing Office Vadala Real Estate
Agent MLS ID C8000901
Office MLS ID C95600

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