NOT LISTED FOR SALE

25 Cherry St Danvers, MA 01923

Estimated Value: $471,000

4 Beds
4 Baths
4,080 Sq Ft
$115/Sq Ft Est. Value

Last Sold July 26, 2017

Last sale price $450,000 $110 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,037/month

10 Days on Market

About This Home

As of July 2017

Contractor Alert! Development or rehab opportunity in prime downtown Danvers location. This stunning Greek Revival is zoned commercially but is currently used a multi-family (two units) with one additional commercial unit comprised of several offices. Property is being sold as is.

Last Agent to Sell the Property

Alexandra Cutler

J. Barrett & Company Listed on: 12/12/2016

Last Buyer's Agent

Alexandra Cutler

J. Barrett & Company Listed on: 12/12/2016

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,121

Year Built

1815

Lot Details

0

Listing Details

  • Lot Description: Paved Drive
  • Property Type: Multi-family
  • Other Agent: 2.00
  • Lead Paint: Unknown
  • Year Built Description: Approximate
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1815

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 15
  • Electric: 200 Amps
  • Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Levels: 4
  • Main Lo: C95243
  • Main So: C95243
  • Estimated Sq Ft: 4080.00

Exterior Features

  • Construction: Frame
  • Exterior: Wood
  • Exterior Features: Porch
  • Foundation: Concrete Block, Fieldstone, Other (See Remarks)
  • Beach: Harbor, Ocean, River

Garage/Parking

  • Garage Spaces: 3
  • Parking: Off-Street
  • Parking Spaces: 6

Utilities

  • Hot Water: Electric
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 3

Lot Info

  • Assessor Parcel Number: M:043 L:428 P:
  • Zoning: C1
  • Acre: 0.32
  • Lot Size: 14000.00

Multi Family

  • Heat Units: 1
  • Total Bedrooms: 4
  • Total Floors: 4
  • Total Full Baths: 2
  • Total Half Baths: 2
  • Total Levels: 2
  • Total Rms: 15
  • Multi Family Type: 2 Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 6, 2019
Sold by
Ropes Cherry St Llc
Bought by
Hartigan Christine and Harvey Seth B
Current Estimated Value
$471,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,920
Outstanding Balance
$319,671
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2019
Sold by
Ropes Cherry St Llc
Bought by
Windmiller Carrie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,920
Outstanding Balance
$319,671
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 12, 2016
Closed on
Jul 26, 2017
Sold by
Cherry Street 25 Ent L
Bought by
Ropes Cherry St Llc
Seller's Agent
Alexandra Cutler
J. Barrett & Company
Buyer's Agent
Alexandra Cutler
J. Barrett & Company
List Price
$432,000
Sold Price
$450,000
Premium/Discount to List
$18,000
4.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,776,000
Interest Rate
3.91%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Hartigan Christine $449,900 --
Windmiller Carrie $449,900 --
Ropes Cherry St Llc $450,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hartigan Christine $359,920
Closed Windmiller Carrie $319,900
Open Cherry Street 27 Ent Llc $5,200,000
Closed Ropes Cherry St Llc $300,000
Previous Owner Ropes Cherry St Llc $1,776,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2017 07/26/17 Sold $450,000 +4.2% $110 / Sq Ft
12/22/2016 12/22/16 Pending -- -- --
12/12/2016 12/12/16 For Sale $432,000 -- $106 / 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
2022 $14,121 $481,200 $0 $481,200
2021 $14,121 $436,600 $0 $436,600
2020 $14,121 $496,100 $0 $496,100
2019 $14,121 $362,100 $0 $362,100
2018 $14,121 $1,042,900 $239,400 $803,500
2017 $5,973 $420,900 $218,000 $202,900
2016 $5,833 $410,800 $207,900 $202,900
2015 $5,784 $387,900 $182,700 $205,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72101064

MLS Property Information Network (MLS PIN)

APN: DANV-000043-000000-000428