NOT LISTED FOR SALE

16 Cherry St Unit B Danvers, MA 01923

Estimated Value: $515,000 - $571,000

3 Beds
2 Baths
1,356 Sq Ft
$392/Sq Ft Est. Value

Last Sold December 22, 2020

Last sale price $365,000 $269 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $3,207/month

5 Days on Market

Highlights

  • Wood Flooring
  • Attic
  • Forced Air Heating System

About This Home

As of December 2020

Hard to find condo-townhouse in Danvers just 2 blocks from the Town Square. On the first floor the townhouse features a spacious living room with a beautiful bay window, dining room, eat-in kitchen and half bath. The second floor has 3 bedrooms and a full bath. In addition, there is a room off the front bedroom which could be used as a study/home office, home gym, or nursery. There is a walk-up attic to the third floor for plenty of extra storage. The front of the home has a small enclosed porch/mudroom and the backyard is fenced-in with two decks. There is private off-street parking for two cars.

Last Agent to Sell the Property

Jason Saphire

Saphire Hospitality, Inc. Listed on: 10/29/2020

Last Buyer's Agent

Ann Long

Coldwell Banker Realty - Beverly

Coldwell Banker Realty - Beverly

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,666

Year Built

  • Built in 1925

Lot Details

  • Year Round Access

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Pine Flooring
  • Wall to Wall Carpet
  • Vinyl

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Schools

  • Danvers High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas
  • Natural Gas Water Heater
  • Cable TV Available

Additional Features

  • Attic
  • Basement

Community Details

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,666

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Townhouse, Half-Duplex, Shingle
  • Year Built Description: Actual
  • List Price Per Sq Ft: 250.74
  • Comp Based On: Net Sale Price
  • Year Built: 1925
  • Lead Paint: Unknown
  • Year Round: Yes
  • Unit Building: B
  • Unit Level: 2
  • Unit Placement: Street, End
  • Special Features: None
  • Property Sub Type: Townhouses
  • Year Built: 1925

Interior Features

  • Flooring: Vinyl, Wall to Wall Carpet, Hardwood, Pine
  • Interior Amenities: Cable Available, Walk-up Attic
  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
  • No Bedrooms: 3
  • Master Bedroom: On Level: Second Floor, Dimension: 11X12, Closet, Flooring - Wood
  • Bedroom 2: On Level: Second Floor, Dimension: 11X10, Closet, Flooring - Wood
  • Bedroom 3: On Level: Second Floor, Dimension: 11X12, Closet, Flooring - Wood
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • No Rooms: 6
  • Dining Room: On Level: First Floor, Dimension: 12X12, Closet, Flooring - Hardwood, Main Level
  • Kitchen: On Level: First Floor, Dimension: 12X16, Bathroom - Half, Closet, Flooring - Vinyl, Balcony / Deck, Balcony - Exterior, Main Level, Cable Hookup, Deck - Exterior, Exterior Access
  • Laundry Features: In Unit
  • Living Room: On Level: First Floor, Dimension: 12X14, Flooring - Hardwood, Window(s) - Bay/Bow/Box, Main Level, Cable Hookup
  • Basement: Y
  • No Living Levels: 2
  • Main Lo: AN1894
  • Main So: AN6181
  • Estimated Sq Ft: 1356.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: Unknown
  • Construction: Frame, Stone/Concrete
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Shingles
  • Insulation Feature: Unknown
  • Exterior Unit Features: Porch, Deck, Patio

Garage/Parking

  • Parking Feature: Off-Street, Tandem, Paved Driveway
  • Parking Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: 110 Volts, 220 Volts, Circuit Breakers, Knob & Tube Wiring
  • Cooling: Window AC
  • Heating: Central Heat, Forced Air, Gas
  • Heat Zones: 1
  • Hot Water: Natural Gas
  • Utility Connections: for Electric Range, for Electric Dryer, Washer Hookup

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Marina, Private School, Public School
  • Association Fee Includes: Master Insurance
  • Condo Association: Yes
  • Management: No Management

Schools

  • High School: Danvers

Lot Info

  • Assessments: 278900.00
  • Page: 522
  • Zoning: R1

Green Features

  • Energy Features: Insulated Windows, Storm Doors

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Taxes: 3642.00
  • Assessor Parcel Number: 1878042
  • Tax Year: 2020

Multi Family

  • No Units: 2

MLS Schools

  • High School: Danvers

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2020
Closed on
Dec 18, 2020
Sold by
Aieta Ft
Bought by
Lyons Meghan
Seller's Agent
Jason Saphire
Saphire Hospitality, Inc.
Buyer's Agent
Ann Long
Coldwell Banker Realty - Beverly
List Price
$340,000
Sold Price
$365,000
Premium/Discount to List
$25,000
7.35%
Current Estimated Value
$531,475

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,475
Avg. Annual Appreciation
6.92%
Original Mortgage
$310,250
Outstanding Balance
$280,006
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$222,116

Purchase Details

Closed on
Mar 11, 2020
Sold by
Aieta Margaret A
Bought by
Aieta Ft

Purchase Details

Closed on
Jun 22, 1987
Sold by
Alvarez Sheila
Bought by
Aieta Margaret A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,000
Interest Rate
10.54%
Mortgage Type
Purchase Money Mortgage
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
Lyons Meghan $365,000 None Available
Aieta Ft -- None Available
Aieta Margaret A $133,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lyons Meghan $310,250
Previous Owner Aieta Margaret A $91,150
Previous Owner Aieta Margaret A $106,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2020 12/22/20 Sold $365,000 +7.4% $269 / Sq Ft
11/03/2020 11/03/20 Pending -- -- --
10/29/2020 10/29/20 For Sale $340,000 -- $251 / 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 $4,666 $424,600 $0 $424,600
2024 $4,468 $402,200 $0 $402,200
2023 $4,275 $363,800 $0 $363,800
2022 $4,389 $346,700 $0 $346,700
2021 $3,985 $298,500 $0 $298,500
2020 $3,642 $278,900 $0 $278,900
2019 $3,530 $265,800 $0 $265,800
2018 $3,233 $238,800 $0 $238,800
2017 $3,389 $238,800 $0 $238,800
2016 $3,150 $221,800 $0 $221,800
2015 $3,173 $212,800 $0 $212,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72750040

MLS Property Information Network (MLS PIN)

APN: DANV-000043-000000-000378-B000000-B000000