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402 Essex Ave

Gloucester, MA 01930

5 bd 2 ba 2,404 sqft Built 1950 Lot 12,197 sqft single_family
Most recent sale
$655,000
Aug 9, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 9, 2022 Sold $655,000 MLS #73002372
Jun 22, 2022 Listed $649,000 MLS #73002372
Nov 27, 2017 Sold $480,000 MLS #72215158
Sep 26, 2017 Relisted $499,900 MLS #72215158
Sep 23, 2017 Listing removed $499,900 MLSPIN
Sep 13, 2017 Price changed $499,900 MLS #72215158
Aug 17, 2017 Listed $525,000 MLS #72215158
Mar 9, 2007 Sold $285,000 Public Record
Apr 1, 1982 Sold $59,400 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $527,500 $182,200 $709,700 $6,598
2022 $402,800 $141,500 $544,300 $6,385
2021 $366,400 $128,700 $495,100 $6,159
2020 $369,900 $128,700 $498,600 $6,148
2019 $335,200 $128,700 $463,900 $5,887
2018 $309,700 $128,700 $438,400 $5,669
2017 $293,400 $122,500 $415,900 $5,486
2016 $265,700 $127,800 $393,500 $5,356
2015 $244,900 $127,800 $372,700 $5,087
2014 $235,500 $127,800 $363,300 $4,716
2005 $119,700 $116,200 $235,900 $2,121
2004 $112,400 $108,700 $221,100 $2,125
2003 $131,100 $88,100 $219,200 $2,400

Property facts

Year built
1950
Property type
single_family
Stories
Beds
5
Baths
2
Living area
2,404 sqft
Lot size
12,197 sqft
ZIP code
01930
City
Gloucester
Street
Essex Ave
Coordinates
42.61773, -70.71761

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$6,972
Gross rental yield
12.77%
Implied cap rate
8.30%
Trend-extrapolated value

Frequently asked questions

When did 402 Essex Ave last sell?
402 Essex Ave most recently sold on Aug 9, 2022 for $655,000.
What is the current tax assessment for 402 Essex Ave?
The most recent total assessment for 402 Essex Ave (year 2023) is $709,700 with $6,598 in property tax.
How does 402 Essex Ave's assessment compare to its last sale price?
The current assessment is 8.4% above the last sale price of $655,000.
When was 402 Essex Ave built?
402 Essex Ave was built in 1950.
How does 402 Essex Ave compare to others on Essex Ave?
We track 8 other properties on Essex Ave. Browse the list under "Other properties on Essex Ave" to compare beds, baths, and sale history.
What are the property facts for 402 Essex Ave?
402 Essex Ave is a 5 bed, 2 bath, 2,404 sqft, 12,197 sqft lot single_family.
Is 402 Essex Ave a flip candidate?
No — 402 Essex Ave does not appear in our flips dataset.
Is 402 Essex Ave a tax-appeal candidate?
No — 402 Essex Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+2.9%
Implied 1-yr
+11.7%
2026 Q3
$1.49M
2026 Q4
$1.53M
ZIP 01930 — Median Price History + Forecast

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