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7584 Madison Way

Gloucester, VA 23061

4 bd 3 ba 2,191 sqft Built 2003 Lot 108,900 sqft single_family
Most recent sale
$450,000
Nov 16, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 27, 2025 Sold $528,000 Public Record
Feb 11, 2025 Listed $525,000 HamptonRoads
Nov 16, 2021 Sold $450,000 MLS #2130129
Sep 16, 2002 Sold $28,500 Public Record
Jan 1, 2002 Sold $28,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $363,640 $80,050 $443,690 $2,724
2023 $363,640 $80,050 $443,690 $2,586
2022 $253,000 $112,990 $365,990 $2,653
2021 $253,000 $112,990 $365,990 $2,544
2020 $253,000 $112,990 $365,990 $2,544
2019 $220,690 $113,050 $333,740 $2,320
2018 $220,690 $113,050 $333,740 $2,320
2017 $220,690 $113,050 $333,740 $2,320
2016 $206,820 $152,930 $359,750 $2,500
2015 $206,820 $152,930 $359,750 $2,446
2014 $288,900 $71,000 $359,900 $2,339
2013 $288,900 $71,000 $359,900 $2,339

Property facts

Year built
2003
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,191 sqft
Lot size
108,900 sqft
ZIP code
23061
City
Gloucester
Street
Madison Way
Coordinates
37.44305, -76.49619

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,287
Gross rental yield
8.77%
Implied cap rate
5.70%
Trend-extrapolated value

Frequently asked questions

When did 7584 Madison Way last sell?
7584 Madison Way most recently sold on Nov 16, 2021 for $450,000.
What is the current tax assessment for 7584 Madison Way?
The most recent total assessment for 7584 Madison Way (year 2025) is $443,690 with $2,724 in property tax.
How does 7584 Madison Way's assessment compare to its last sale price?
The current assessment is 1.4% below the last sale price of $450,000.
When was 7584 Madison Way built?
7584 Madison Way was built in 2003.
How does 7584 Madison Way compare to others on Madison Way?
We track 6 other properties on Madison Way. Browse the list under "Other properties on Madison Way" to compare beds, baths, and sale history.
What are the property facts for 7584 Madison Way?
7584 Madison Way is a 4 bed, 3 bath, 2,191 sqft, 108,900 sqft lot single_family.
Is 7584 Madison Way a flip candidate?
No — 7584 Madison Way does not appear in our flips dataset.
Is 7584 Madison Way a tax-appeal candidate?
No — 7584 Madison Way 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
-0.5%
Implied 1-yr
-2.1%
2026 Q3
$353.4K
2026 Q4
$351.5K
ZIP 23061 — Median Price History + Forecast

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