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131 Western Ave

Gloucester, MA 01930

5 bd 3 ba 3,270 sqft Built 1926 Lot 9,250 sqft multi_family
Most recent sale
$575,000
Aug 31, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 31, 2022 Sold $575,000 MLS #73003905
Jul 5, 2022 Listed $899,000 MLS #73003905

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $217,200 $170,700 $387,900 $3,774
2023 $699,800 $152,400 $852,200 $9,025
2022 $586,800 $132,500 $719,300 $8,437
2021 $535,400 $120,500 $655,900 $8,159
2020 $504,600 $120,500 $625,100 $7,707
2019 $439,500 $120,500 $560,000 $7,106
2018 $388,100 $120,500 $508,600 $6,576
2017 $359,400 $114,800 $474,200 $6,255
2016 $318,300 $119,700 $438,000 $5,961
2015 $308,300 $119,700 $428,000 $5,842
2014 $318,500 $119,700 $438,200 $5,688
2005 $331,600 $136,100 $467,700 $4,205
2004 $295,800 $127,300 $423,100 $4,066
2003 $289,900 $107,100 $397,000 $4,347

Property facts

Year built
1926
Property type
multi_family
Stories
4
Beds
5
Baths
3
Living area
3,270 sqft
Lot size
9,250 sqft
ZIP code
01930
City
Gloucester
Street
Western Ave
Coordinates
42.60859, -70.67875

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
$3,450
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 131 Western Ave last sell?
131 Western Ave most recently sold on Aug 31, 2022 for $575,000.
What is the current tax assessment for 131 Western Ave?
The most recent total assessment for 131 Western Ave (year 2024) is $387,900 with $3,774 in property tax.
How does 131 Western Ave's assessment compare to its last sale price?
The current assessment is 32.5% below the last sale price of $575,000.
When was 131 Western Ave built?
131 Western Ave was built in 1926.
How does 131 Western Ave compare to others on Western Ave?
We track 8 other properties on Western Ave. Browse the list under "Other properties on Western Ave" to compare beds, baths, and sale history.
What are the property facts for 131 Western Ave?
131 Western Ave is a 5 bed, 3 bath, 3,270 sqft, 9,250 sqft lot multi_family.
Is 131 Western Ave a flip candidate?
No — 131 Western Ave does not appear in our flips dataset.
Is 131 Western Ave a tax-appeal candidate?
Yes — 131 Western Ave appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

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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