NOT LISTED FOR SALE

25 Cherry St Unit 5 Danvers, MA 01923

Estimated Value: $738,854 - $801,000

3 Beds
3 Baths
1,725 Sq Ft
$451/Sq Ft Est. Value

Last Sold July 15, 2021

Last sale price $590,000 $342 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $4,862/month

10 Days on Market

About This Home

As of July 2021

With 4 luxury levels including a roof top terrace and two-car garage, this gorgeous modern townhouse has everything! Lightly lived-in for just a year, this 3 bedroom, 3 bath condo in the heart of Danvers is better than new. Open concept kitchen with quartz countertops, oversized white cabinets, GE profile appliances, and peninsula island. Living room has soaring ceilings and gas fireplace with pretty white mantle. Beautiful hardwood floors run throughout entire unit. The master suite is a showstopper with vaulted ceilings, two closets and an incredible master bath. 2nd bedroom upstairs has its own bath with tub and the coveted 3rd bedroom is off of the main level. The rooftop terrace is the coolest place to BBQ with gas line already in place for your grill. Close to everything in downtown including the rail trail and all the shops and restaurants. Easy access to routes 95, 128, 1. You will love coming home to this upscale condo with all of today's most desired amenities.

Last Agent to Sell the Property

The Murphy Group Lexington

William Raveis R.E. & Home Services Listed on: 05/06/2021

William Raveis R.E. & Home Services

Last Buyer's Agent

Evan Fogarty

Coldwell Banker Realty - Andovers/Readings Regional

Coldwell Banker Realty - Andovers/Readings Regional

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1843

Parking

  • 2 Car Garage

Kitchen

  • Microwave
  • ENERGY STAR Qualified Refrigerator
  • ENERGY STAR Qualified Dishwasher
  • ENERGY STAR Range
  • Disposal

Flooring

  • Wood Flooring

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Schools

  • Danvers High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number M:043 L:428 P:005

Townhouse Details

Home Type

Townhome

Year Built

Built in 1843

Lot Details

0

Parking

2

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Townhouse
  • Other Agent: 1.50
  • Year Built Description: Actual
  • List Price Per Sq Ft: 343.48
  • Comp Based On: Net Sale Price
  • Year Built: 1843
  • Unit Building: 5
  • Unit Level: 1
  • Unit Placement: End, Corner
  • Special Features: None
  • Property Sub Type: Townhouses
  • Year Built: 1843

Interior Features

  • Fireplaces: 1
  • Flooring: Hardwood
  • Interior Amenities: Cable Available
  • Appliances: Disposal, Microwave, Washer, Dryer, Refrigerator - ENERGY STAR, Dishwasher - ENERGY STAR, Range - ENERGY STAR
  • No Bedrooms: 3
  • Master Bedroom: On Level: Third Floor, Dimension: 16X14, Bathroom - Full, Closet, Flooring - Hardwood, Lighting - Overhead, Ceiling - Half-Vaulted
  • Bedroom 2: On Level: Third Floor, Dimension: 13X11, Bathroom - Full, Closet, Flooring - Hardwood, Lighting - Overhead
  • Bedroom 3: On Level: Second Floor, Dimension: 14X9, Bathroom - Full, Closet, Flooring - Hardwood, Lighting - Overhead
  • Full Bathrooms: 3
  • Primary Bathroom: Yes
  • Bathroom 1: On Level: Second Floor, Dimension: 6X6, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Lighting - Overhead
  • Bathroom 2: On Level: Third Floor, Dimension: 10X6, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Shower Stall, Recessed Lighting
  • Bathroom 3: On Level: Third Floor, Dimension: 7X5, Bathroom - Tiled With Tub & Shower, Recessed Lighting
  • No Rooms: 5
  • Dining Room: On Level: Second Floor, Dimension: 16X14, Flooring - Hardwood, Open Floor Plan, Recessed Lighting
  • Kitchen: On Level: Second Floor, Dimension: 12X8, Flooring - Hardwood, Countertops - Stone/Granite/Solid, Cabinets - Upgraded, Open Floor Plan, Recessed Lighting, Stainless Steel Appliances, Peninsula
  • Laundry: On Level: Third Floor, Closet, Dryer Hookup - Electric, Washer Hookup
  • Laundry Features: In Unit
  • Living Room: On Level: Second Floor, Dimension: 14X10, Fireplace, Flooring - Hardwood, Open Floor Plan, Recessed Lighting, Slider, Gas Stove
  • No Living Levels: 3
  • Main Lo: M59500
  • Main So: AN6181
  • Estimated Sq Ft: 1725.00

Exterior Features

  • Beachfront Flag: Yes
  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Composite
  • Insulation Feature: Spray Foam
  • Exterior Unit Features: Deck - Roof, Deck - Composite, Decorative Lighting, City View(s), Gutters

Garage/Parking

  • Parking Feature: Improved Driveway
  • Garage Parking: Attached, Under
  • Garage Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: 200 Amps
  • Cooling: Central Air
  • Cooling Zones: 3
  • Heating: Central Heat, Forced Air, Gas
  • Heat Zones: 3
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range, for Gas Oven, for Electric Dryer

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Tennis Court, Park, Walk/Jog Trails, Stables, Golf Course, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University
  • HOA Fees: 225.25
  • Association Fee Includes: Water, Sewer, Master Insurance, Exterior Maintenance, Landscaping, Snow Removal
  • Condo Association: Yes
  • Management: Owner Association

Association/Amenities

  • Condominium Name: Ropes Estates Condominiums

Lot Info

  • Assessments: 525400.00
  • Page: 124
  • Parcel Number: M:043 L:428 P:005
  • Zoning: C1

Green Features

  • Energy Features: Insulated Windows, Insulated Doors

Tax Info

  • Taxes: 7014.09
  • Assessor Parcel Number: 5049559
  • Tax Year: 2021

Multi Family

  • No Units: 6
  • No Units Owner Occ: 6

MLS Schools

  • Grade School: Great Oak
  • High School: Danvers High
  • Middle School: Holten Richmond

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2021
Closed on
Jul 15, 2021
Sold by
Wilbur Erin
Bought by
Sampson Jordan and Sampson Josephine
Seller's Agent
The Murphy Group Lexington
William Raveis R.E. & Home Services
Buyer's Agent
Evan Fogarty
Coldwell Banker Realty - Andovers/Readings Regional
List Price
$592,500
Sold Price
$590,000
Premium/Discount to List
-$2,500
-0.42%
Current Estimated Value
$817,728

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$227,728
Avg. Annual Appreciation
6.30%
Original Mortgage
$548,250
Outstanding Balance
$497,452
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$280,262

Purchase Details

Listed on
Nov 13, 2019
Closed on
May 14, 2020
Sold by
Ropes Cherry St Llc
Bought by
Wilbur Erin
Seller's Agent
Chris Blasczak
Real Broker MA, LLC
Buyer's Agent
Chris Blasczak
Real Broker MA, LLC
List Price
$569,900
Sold Price
$569,800
Premium/Discount to List
-$100
-0.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.05%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sampson Jordan $590,000 None Available
Wilbur Erin $569,800 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sampson Jordan $548,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/15/2021 07/15/21 Sold $590,000 -0.4% $342 / Sq Ft
05/16/2021 05/16/21 Pending -- -- --
05/06/2021 05/06/21 For Sale $592,500 +4.0% $343 / Sq Ft
05/18/2020 05/18/20 Sold $569,800 0.0% $330 / Sq Ft View Prior Sale
05/04/2020 05/04/20 Pending -- -- --
03/06/2020 03/06/20 Price Changed $569,800 0.0% $330 / Sq Ft
12/27/2019 12/27/19 For Sale $569,900 0.0% $330 / Sq Ft
12/26/2019 12/26/19 Pending -- -- --
11/13/2019 11/13/19 For Sale $569,900 -- $330 / 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 $7,549 $686,900 $0 $686,900
2024 $6,248 $562,400 $0 $562,400
2023 $6,440 $548,100 $0 $548,100
2022 $7,224 $570,600 $0 $570,600
2021 $7,014 $525,400 $0 $525,400
2020 $6,693 $512,500 $0 $512,500
2019 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72827175

MLS Property Information Network (MLS PIN)

APN: 043 428 005