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40 Middle Street # 1, Gloucester MA 01930

Gloucester, MA 01930
$475,000
Est. $3,302/month
3
Beds
1
Baths
820
Sq Ft
$579
Price/Sq Ft
0.17
Acres
1900
Year Built
23
Days on Market
Closed Listed Sep 27, 2024 • MLS# 73295732 Copied!

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.

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Property Overview

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

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

Home Facts

Type Residential
Style Condominium
Year Built 1900
Living Area 820 sq ft
Lot Size 0.17 acres
Bedrooms 3
Full Baths 1
Total Rooms 5

Interior

Heating Baseboard, Electric Baseboard
Cooling None
Flooring Wood, Tile, Laminate
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Energy Star Qualified Refrigerator, Energy Star Qualified Dryer, Energy Star Qualified Dishwasher, Energy Star Qualified Washer
Fireplace None
Basement Y
Laundry First Floor, In Unit, Electric Dryer Hookup, Washer Hookup
Features Finish - Sheetrock, Internet Available - Broadband

Exterior

Construction Frame
Architecture None
Roof Asphalt/composition Shingles
Features Porch, Patio, Rain Gutters
Pool None
Spa None
Fencing None
Patio/Porch Porch, Patio

Parking

Features Off Street, Assigned, Stone/gravel
Total Spaces 1

Utilities

Electric 100 Amp Service
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Electric Dryer, Washer Hookup

Financial

Annual Tax $4,800
Assessed Value $499,000

Interior Features

Flooring: Wood, Tile, Laminate
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
Windows: Insulated Windows
Basement: Y
Laundry: First Floor, In Unit, Electric Dryer Hookup, Washer Hookup
Security:

Construction & Materials

Year Built: 1900
Effective Year (Renovated): 2024
Structure Type: Low-Rise
Exterior Materials: Frame
Roof: Asphalt/Composition Shingles
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Baseboard, Electric Baseboard
Heating Zones: 2
Cooling: None
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Porch, Patio, Rain Gutters
Patio & Porch: Porch, Patio
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 1
Parking Features: Off Street, Assigned, Stone/Gravel

Location

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Neighborhood

40 Middle Street # 1, Gloucester MA 01930

Gloucester, MA 01930

Walkability

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Nearby Schools

School District
Gloucester School District local
C-
🎓 Where Graduates Go Class of 2021
42% attend college
31% 4-Year 11% 2-Year 17% Out of State 14% Working
School Safety 2024-25
1.9% Average
1.9% Suspensions 0.5% In-School
3.6% below state avg
E

Elementary Schools

6 schools
Faith Christian School
1.5 mi
Grades PK-08
C
East Veterans Elementary School
1.0 mi | #651 of 824 | Score: 38.2
Dropped 58 spots from last year
-20 below state avg
451 students Diverse
Grades K-05
Gloucester PreSchool
1.2 mi
101 students Moderate
Grades PK
C-
Beeman Memorial School
1.7 mi | #701 of 824 | Score: 35.6
Dropped 172 spots from last year
-22.6 below state avg
292 students Diverse
Grades K-05
C-
West Parish School
2.3 mi | #683 of 824 | Score: 36.5
Dropped 245 spots from last year
-21.7 below state avg
382 students Less Diverse
Grades K-05
B+
Plum Cove School
4.3 mi | #322 of 824 | Score: 50.1
Improved 68 spots from last year
-8.1 below state avg
217 students Less Diverse
Rising School
Grades K-05
M

Middle Schools

1 school
C+
Ralph B O'Maley Middle School
1.3 mi | #238 of 352 | Score: 37.3
Improved 24 spots from last year
-20.9 below state avg
619 students Moderate
Rising School
Grades 06-08
H

High Schools

1 school
C+
Gloucester High School
0.5 mi | #212 of 346 | Score: 50.4
Improved 27 spots from last year
-7.8 below state avg
776 students Moderate
17 sports • 1,070 athletes
Rising School Career Tech Programs Strong Athletics
Grades 09-12
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Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $400
Homeowners Insurance $200
HOA Fee $300/mo
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

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 Office Boston Metropolitan Realty
Agent MLS ID CN203525
Office MLS ID AN0194
Listing Data Updated Nov 23, 2024 10:00 AM EST
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Market Analytics for Gloucester, MA

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