NOT LISTED FOR SALE

1 Cherry Hill Rd Unit 2 Gloucester, MA 01930

Estimated Value: $538,368 - $605,000

1 Bed
2 Baths
1,052 Sq Ft
1999 Built

Last Sold December 07, 2016

Last sale price $300,000 $285 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $3,409/month

17 Days on Market

About This Home

As of December 2016

As you walk thru the door you are pleasantly surprised this unit is Open Floor Plan with beautiful knotty pine cathedral ceilings, wood beams,Teak wood floors & massive floor to ceiling granite fireplace. Fully applianced custom kitchen with black granite countertops, huge 6 person breakfast bar, and beautiful copper kitchen vent and pot rack. Huge master BR with cathedral ceiling, french door and slider to deck could easily be converted to 2 BR if needed. Large dry full basement currently has workshop, utility area, laundry area, and 2nd full bath but could be finished to create additional living area for BR's or familyroom. Low condo fee! Central air! Wonderful fully enclosed fenced yard offers large patio area for entertaining, gardening, and outdoor activities. New roof being installed prior to closing on Unit 2.Beeman Elementary School is across street. Goose Cove Reservoir & Dogtown Common are nearby which are great for hiking, walking dogs, and cross country skiing. Pet Friendly

Last Agent to Sell the Property

Peter and Pam Lane

North Shore's Gold Coast Realty Listed on: 09/14/2016

Last Buyer's Agent

Theresa Scatterday

J. Barrett & Company

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,885

Year Built

1999

Lot Details

0

Listing Details

  • Unit Level: 1
  • Unit Placement: Street, End
  • Property Type: Condominium/Co-Op
  • Other Agent: 2.00
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1999

Interior Features

  • Appliances: Microwave, Countertop Range, Refrigerator, Washer, Dryer
  • Fireplaces: 1
  • Has Basement: Yes
  • Fireplaces: 1
  • Number of Rooms: 3
  • Amenities: Public Transportation, Walk/Jog Trails, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Public School, T-Station
  • Electric: Circuit Breakers, 100 Amps
  • Flooring: Tile, Wall to Wall Carpet, Hardwood
  • Insulation: Full, Fiberglass
  • Interior Amenities: Cable Available, French Doors
  • Bathroom #1: First Floor, 8X7
  • Bathroom #2: Basement, 8X6
  • Kitchen: First Floor, 14X23
  • Laundry Room: Basement
  • Living Room: First Floor, 13X20
  • Master Bedroom: First Floor, 14X25
  • Master Bedroom Description: Ceiling - Cathedral, Ceiling Fan(s), Ceiling - Beamed, Flooring - Wall to Wall Carpet, Balcony / Deck, French Doors, Main Level, Cable Hookup, Deck - Exterior, Exterior Access, Slider
  • No Living Levels: 1

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Clapboard
  • Exterior Unit Features: Porch, Deck, Deck - Composite, Patio, Storage Shed, Fenced Yard, Garden Area, Screens

Garage/Parking

  • Parking: Off-Street, Paved Driveway
  • Parking Spaces: 3

Utilities

  • Cooling: Central Air, Unit Control
  • Heating: Forced Air, Oil, Unit Control
  • Cooling Zones: 2
  • Heat Zones: 2
  • Hot Water: Oil, Tank
  • Utility Connections: for Gas Range
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Condominium Name: One Cherry Hill Road Condominium
  • Association Fee Includes: Master Insurance
  • Association Security: Fenced
  • Management: Owner Association
  • Pets Allowed: Yes w/ Restrictions
  • No Units: 2
  • Unit Building: 2

Fee Information

  • Fee Interval: Monthly

Schools

  • Elementary School: Beeman Elem.
  • Middle School: O'maley
  • High School: Ghs

Lot Info

  • Assessor Parcel Number: M:0188 B:0014 L:0002
  • Zoning: R10
  • Lot: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2016
Closed on
Dec 7, 2016
Sold by
Sova Michael W and Sova Maria A
Bought by
Balbo Joseph M and Balbo Susan C
Seller's Agent
Peter and Pam Lane
North Shore's Gold Coast Realty
Buyer's Agent
Theresa Scatterday
J. Barrett & Company
List Price
$320,000
Sold Price
$300,000
Premium/Discount to List
-$20,000
-6.25%
Current Estimated Value
$579,592

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$279,592
Avg. Annual Appreciation
7.73%
Original Mortgage
$100,000
Outstanding Balance
$51,871
Interest Rate
3.47%
Mortgage Type
New Conventional
Estimated Equity
$527,721
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Balbo Joseph M $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Balbo Joseph M $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/07/2016 12/07/16 Sold $300,000 -6.3% $285 / Sq Ft
10/01/2016 10/01/16 Pending -- -- --
09/14/2016 09/14/16 For Sale $320,000 -- $304 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,885 $399,300 $0 $399,300
2024 $3,885 $399,300 $0 $399,300
2023 $3,823 $361,000 $0 $361,000
2022 $3,845 $327,800 $0 $327,800
2021 $3,843 $308,900 $0 $308,900
2020 $3,809 $308,900 $0 $308,900
2019 $3,639 $286,800 $0 $286,800
2018 $3,520 $272,200 $0 $272,200
2017 $3,115 $236,200 $0 $236,200
2016 $2,963 $217,700 $0 $217,700
2015 $2,909 $213,100 $0 $213,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72066887

MLS Property Information Network (MLS PIN)

APN: GLOU-000188-000014-000002