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157 Maplewood Ave, Gloucester, MA, 01930

2beds
1baths
912sqft
$455,000
$499price/sqft
$3,171/moest. monthly cost
$126,840/yrincome needed

About This Home

**Price Improvement and Motivated Seller** Charming Gloucester home offering incredible potential with sought-after NB zoning, ideal for homeowners, investors, or those seeking a condo alternative without the fees. Enjoy close proximity to beautiful beaches, downtown, restaurants, shopping, schools, local attractions, and major highways for easy commuting. This property features a fenced-in backyard, perfect for entertaining, pets, or outdoor enjoyment. The spacious basement offers strong potential to be finished for additional living space, while existing pellet stove venting provides an easy option for future supplemental heat. Additional highlights include attic storage, a newer water heater, and flexible opportunities for expansion or customization. A wonderful opportunity to own in one of the North Shore’s desirable coastal communities.

Getting Around

56
WalkingSomewhat Walkable
39
TransitSome Transit
27
BikeSomewhat Bikeable

Schools

Construction

Condition

  • Year built: 1985

Materials

  • Foundation: Concrete Perimeter
  • Roof: Shingle

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Water Heater,Range,Dishwasher,Microwave,Refrigerator
  • Laundry features: Electric Dryer Hookup,Washer Hookup,In Basement

Basement

  • Has basement: Yes
  • Basement: Full,Bulkhead,Sump Pump,Unfinished

Bathroom1

  • Features: Bathroom - Full, Bathroom - With Tub & Shower, Recessed Lighting
  • Level: First

Bedroom2

  • Features: Closet, Flooring - Wall to Wall Carpet, Lighting - Overhead
  • Level: First

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Finished area below ground: 912
  • Finished area above ground: 912

Heating & Cooling

  • Heating features: Electric Baseboard,Electric
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 912
  • Total interior livable area: 912 sqft

Kitchen

  • Features: Dining Area, Breakfast Bar / Nook, Lighting - Overhead
  • Level: First

Living Room

  • Features: Ceiling Fan(s), Flooring - Wall to Wall Carpet
  • Level: First

Master Bedroom

  • Features: Ceiling Fan(s), Closet, Flooring - Wall to Wall Carpet, Lighting - Overhead
  • Level: First

Property

Details

  • Parcel number: M:0044 B:0017 L:0000,1895936
  • Zoning: NB

Features

  • Exterior features: Fenced Yard
  • Fencing: Fenced
  • Waterfront features: 1 to 2 Mile To Beach

Lot

  • Lot size: 3,150 sqft
  • Features: Other

Parking

  • Total spaces: 3
  • Parking features: Off Street
  • Uncovered spaces: 3

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Tsunami

FEMA Declared Disasters Across Massachusetts Counties

Hurricane

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,300$27,600
Home Insurance *$155$1,860
Property Taxes $362$4,344
Electricity $354$4,259
Total$3,171$38,052
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$108,720/yr
40% on housing$95,130/yr
45% on housing$84,560/yr

Massachusetts FAIR Plan Programs

Massachusetts Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 213,928Commercial: 230
Total Premiums$400.85M
Total Exposure$115.57B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.2%
8.2%
0%30.0%
Electricity Growth Rate10-year average: 7.9%
7.9%
0%15.0%
Property Taxes Growth Rate2-year average: -0.5%
-0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$499This listing

vs Other Active Listings

Avg $/sqft

ZIP 01930$518
Essex County$385

vs Homes Sold Last Month

Median $/sqft

ZIP 01930$426
Essex County$387

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-24Listed for sale$455,000
2026-07-23Contingent$455,000
2026-07-18Price change$455,000
2026-07-09Price change$487,000
2026-06-15Listed for sale$497,000
2022-10-26Sold$270,000
2021-05-18Sold$270,000

For Sale by Agent

AgentJaclyn Ferraro
BrokerageREMAX Andrew Realty Services

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