40 Madison Ave, Gloucester, MA 01930
Property image
Property image
OFF MARKET

$626,800

Trulia Estimate
  • 2 Beds
  • 1.5 Baths
  • 1,309 sqft

40 Madison Ave, Gloucester, MA 01930

Est. Refi. Payment $3,776/mo*
Refinance Your Home
Currently Off Market - Sold Aug 16, 2023 for $580,000

Home Value

Trulia Estimate
$627K
Since last month
Decreased$12K (-1.9%)
Since last year
Decreased$5K (-0.8%)
Since last sale
Increased$46K (+8%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +104% in the last 10 years
MonthEstimated value
2026
August 2026$626K
July 2026$638K
June 2026$646K
May 2026$650K
April 2026$644K
March 2026$639K
February 2026$625K
January 2026$619K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
13 Mystic Ave, Gloucester, MA
0.14
Single-Family Home
$572,500
04/02/26
2
1.5
1,538
6 Monroe Ct, Gloucester, MA
0.11
Single-Family Home
$515,000
05/08/26
2
1
1,229
8 Mystic Ave, Gloucester, MA
0.12
Single-Family Home
$627,000
05/28/26
3
1.5
1,834
3 Rockland St, Gloucester, MA
0.23
Single-Family Home
$498,800
05/28/26
2
2
1,001
3 Acacia St, Gloucester, MA
0.06
Single-Family Home
$580,000
07/01/26
3
1.5
1,230
6 Beauport Ave, Gloucester, MA
0.18
Single-Family Home
$670,000
12/12/25
4
2
1,722
204 Washington St, Gloucester, MA
0.22
Single-Family Home
$705,000
07/01/26
3
1.5
2,027
19 Mystic Ave, Gloucester, MA
0.15
Single-Family Home
$725,000
01/06/26
3
2.5
1,655
65 Poplar St, Gloucester, MA
0.19
Single-Family Home
$510,000
01/05/26
2
1.5
1,002
130 Centennial Ave, Gloucester, MA
0.27
Single-Family Home
$549,000
08/28/26
2
1
1,264

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
120 Maplewood Ave #203, Gloucester, MA 01930
0.06
$555,000
1
1
1,103
Off Market
126 Maplewood Ave, Gloucester, MA 01930
0.08
$656,800
3
2.5
1,787
Off Market
7 Springfield St, Gloucester, MA 01930
0.03
$475,500
3
1
872
Off Market
3 Acacia St, Gloucester, MA 01930
0.06
$580,000
3
1.5
1,230
Recently Sold
8 Colonial St, Gloucester, MA 01930
0.06
$638,000
3
2
1,540
Off Market
8 Mystic Ave, Gloucester, MA 01930
0.12
$627,000
3
1.5
1,834
Recently Sold
3 Colonial St, Gloucester, MA 01930
0.08
$723,000
2
2.5
1,571
Off Market
13 Mystic Ave, Gloucester, MA 01930
0.14
$572,500
2
1.5
1,538
Recently Sold
26 Madison Sq, Gloucester, MA 01930
0.08
$560,400
2
1.5
893
Off Market
34 Grove St, Gloucester, MA 01930
0.09
$576,200
4
2
2,148
Off Market
98 Maplewood Ave, Gloucester, MA 01930
0.12
$632,000
6
2
2,155
Recently Sold

Local Information

  • Map ViewExplore the area around 40 Madison Ave.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1938
Living Area
1,309 sqft
Price/Sqft
$479
Parking
2 Open Spaces

About this House

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
40 Madison Ave, Gloucester, MA 01930 is a 2 bedroom, 2 bathroom, 1,309 sqft single-family home built in 1938. It last sold for $580,000 on Aug 16, 2023 (16% above the $499,900 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $626,800, with a rent estimate of $2,908/month.
Last check for updates: about 6 hours ago
Listed by Alie Broom, (603) 512-1408
Compass, (978) 248-8081
Bought with: Katherine Eberhardt, (401) 741-1202, RE/MAX 360, (978) 535-3122
Source: MLS PIN, MLS#73139008

Home Details for 40 Madison Ave

Interior Features

Interior Details
Basement: Partial,UnfinishedNumber of Rooms: 5Types of Rooms: Master Bedroom, Bedroom 2, Dining Room, Kitchen, Living Room
Beds & Baths
Number of Bedrooms: 2Number of Bathrooms: 2Number of Bathrooms (full): 1Number of Bathrooms (half): 1
Dimensions and Layout
Living Area: 1309 Square Feet
Appliances & Utilities
Appliances: Water Heater, Range, Dishwasher, Refrigerator, Washer, DryerDishwasherDryerLaundry: In BasementRefrigeratorWasher
Heating & Cooling
Heating: Baseboard,OilHas CoolingAir Conditioning: Window Unit(s)Has HeatingHeating Fuel: Baseboard
Fireplace & Spa
No FireplaceNo Spa
Windows, Doors, Floors & Walls
Flooring: Wood
Levels, Entrance, & Accessibility
Floors: Wood

Exterior Features

Exterior Home Features
Roof: ShinglePatio / Porch: PorchExterior: PorchFoundation: Concrete Perimeter
Parking & Garage
Open Parking Spaces: 2No GarageHas Open ParkingParking Spaces: 2Parking: Paved Drive,Paved
Frontage
Waterfront: 1/2 to 1 Mile To Beach, Beach Ownership(Public)Road Frontage: PublicNot on Waterfront
Water & Sewer
Sewer: Public Sewer

Property Information

Year Built
Year Built: 1938
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Colonial
Building
Construction Materials: FrameNot Attached PropertyDoes Not Include Home Warranty
Property Information
Parcel Number: M:0039 B:0034 L:0000, 1895771

Price & Status

Price
List Price: $499,900
Status Change & Dates
Off Market Date: Tue Jul 25 2023

Active Status

MLS Status: Sold

Media

Location

Direction & Address
City: Gloucester
School Information
Elementary School: East GloucesterJr High / Middle School: O'maley InnovHigh School: Gloucester Hs

Building

Building Area
Building Area: 1309 Square Feet

Community

Not Senior Community

HOA

No HOA

Lot Information

Lot Area: 5000 sqft

Miscellaneous

BasementMls Number: 73139008

Price and Tax history

DateEventPrice
Aug 16, 2023
Source: MLS PIN #73139008
Sold
$580,000
Jul 20, 2023
Source: MLS PIN #73139008
Listed For Sale
$499,900
Jun 23, 2020
Source: N/A
Sold
$353,750
May 12, 2020
Source: Agent Provided
Pending
$338,000
May 5, 2020
Source: Agent Provided
Listed For Sale
$338,000

Market trends in Gloucester

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$726K
Sale-to-List Price
99.9%
Price per sq ft
$449
Available listings
89
2MoM

Around this home

View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Gloucester

At least 179 Trulia users voted on each feature.

  • 88 % Say it's dog friendly

  • 82 % Say people would walk alone at night

  • 72 % Say yards are well-kept

  • 72 % Say there's holiday spirit

  • 71 % Say car is needed

  • 68 % Say there are sidewalks

  • 68 % Say there's wildlife

  • 68 % Say parking is easy

  • 65 % Say neighbors are friendly

  • 64 % Say streets are well-lit

  • 62 % Say it's walkable to restaurants

  • 60 % Say they plan to stay for at least 5 years

  • 60 % Say kids play outside

  • 59 % Say it's walkable to grocery stores

  • 52 % Say it's quiet

  • 46 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "There are a lot of dog and dog owners who live in the neighbor of lanesville Gloucester and seem very friendly "
    0
    Flag
  • Georgeanne H.
    "It's quite far from boston or shopping the winter travel is not easy and requires the utmost attention susceptible to morning fog on roads make for caution "
    13
    Flag
  • Megmcdnld
    "Have lived here on and off over many years. Sense of community is strong, lots of farmers markets and more sustainable living projects, kid friendly"
    4
    Flag
  • Lisa C.
    "Safe neighborhood to live in. We enjoy walks and the beach is near by. The school are great. It is a very quiet area."
    0
    Flag
  • Janellesousa
    "Gloucester has a great network of affordable daycare.there are many parks and beaches that my kids enjoy. There are also some great trails and quarries. There is a dog park up at stage fort park."
    2
    Flag
  • William M.
    "Pay attention to the random people in your neighborhood as it’s a close family environment so outsiders are easy to spot"
    4
    Flag
  • Charlotte T.
    "Dogs if all breeds are welcome in this town. There is a very accommodating dog park in town and the beaches are open to dogs in the off season "
    3
    Flag
  • Jennifer L.
    "I am visiting from Albany NY and it is absolutely beautiful here. The views are breathtaking & the air is so clean & fresh. The sound of the ocean is soothing & relaxing. I would love to call this place my home."
    1
    Flag
  • Geanoulis91297
    "Commute is very easy and accessible, there are many buses, taxis and a train near downtown. There’s a beach near where i live and i can walk to it too."
    1
    Flag
  • Gordonmichael3
    "This is a good area to have kids but currently very few living here(east Main Street) East Gloucester. A playground real close by with parents bringing children daily. "
    0
    Flag
  • Elizabeth G.
    "We have fiesta every summer, a carnival basically and a parade for the fellow Italians to rejoice, and those not Italian. We have concerts at the Fitz Hugh Lane house Thursday nights in the summer, and a lot of live entertainment. Beautiful seaside spot for good food, shops, historical landmarks, parks, beaches, etc. Much love for this town and the beauty behind it. "
    2
    Flag
  • Michael B.
    "if you live in gloucester, there is no reason to leave gloucester unless you need to travel for work, fortunately i work and live here. the island life is for me :)"
    0
    Flag
  • Jennifer S. W.
    "I live between long beach and Good harbor there are many fun events i enjoy almost all events i like biking hiking and just enjoying sunsets"
    1
    Flag
  • kim02128
    "I love this area, I am born/bred returned to live in Gloucester. This area is fantastic, great for walking and easy to get around without a car."
    0
    Flag
  • Jrharpy2
    "Nice neighbors, within minutes of everything and 1&1/2 blocks from the ocean. Kids have a paradise in the summer on Good Harbor beach. "
    0
    Flag
  • Kimberly V.
    "short and Easy, a short drive across town. it is typically 10 min without traffic, 20-30 during traffic hours."
    0
    Flag
  • Jrharpy2
    "Good Harbor beach is just around the corner, which is a paradise for kids in the summer and the back shore is spectacular at all times of the year."
    0
    Flag
  • Stefani H.
    "It is clean, quiet, free from traffic and near the beach bank post office hair salon dentist acupuncturist and convenient store"
    0
    Flag
  • Holly A.
    "this beautiful location has the oldest sea port in America with the oldest art colony in America. lots of history and lots of things to do and see"
    1
    Flag
  • Steffani L.
    "While I may have just moved to the neighborhood, many people there have been residents for quite some time. They are well known to each other, and I have watched and spoken to neighbors who verify this to be true."
    0
    Flag
  • Ms m.
    "quiet and friendly, lived here for 25 years. Good schools and coastal community with many good places to eat and picnic"
    0
    Flag

LGBTQ Local Legal Protections

The property listing data and information 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 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 set forth herein.
The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS.

Frequently asked questions about 40 Madison Ave

  • What is 40 Madison Ave estimated to be worth?
    Trulia's estimated value for 40 Madison Ave in Gloucester, MA is $626,800.
  • What is the price history for 40 Madison Ave?
    40 Madison Ave in Gloucester, MA last sold for $580,000 in August 2023.
  • Is Gloucester a buyer's or seller's market?
    Gloucester is currently a balanced market, based on recent for-sale activity.
  • What's the median sale price in Gloucester?
    The median sale price in Gloucester is $726K.
  • Does 40 Madison Ave have air conditioning?
    Yes, 40 Madison Ave in Gloucester, MA has air conditioning.
  • Does 40 Madison Ave have laundry facilities?
    Yes, 40 Madison Ave in Gloucester, MA has in-unit laundry.

Explore by feature - Pet Friendly

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Explore by feature - Outdoor Space

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