40 Cherry St Wenham, MA 01984
Estimated Value: $1,392,000 - $1,507,108
5
Beds
3.5
Baths
4,073
Sq Ft
$354/Sq Ft
Est. Value
Highlights
- Golf Course Community
- Community Stables
- In Ground Pool
- Winthrop School Rated A-
- Medical Services
- Custom Closet System
About This Home
As of November 2022The historic charm you desire with the modern amenities and space you need! This sprawling 15 room colonial offers a 4 bed, 2.5 bath main residence PLUS a beautifully renovated 1 bed, 1 bath In-law suite with private entrance. The welcoming main house, originally built in the early 18th century and expanded over the years, has a flexible floor plan with 2 living rooms, formal dining room, sunroom with wood burning stove, eat in kitchens and two additional private rooms, currently a study and home office. There are 2 bedrooms and a full bath on each level. A mudroom and laundry room separate the main house from the modern In-law suite. Large 2 car garage, huge private yard with updated in-ground pool, back deck, fire pit, thoughtfully designed perennial and vegetable gardens and abundant lawn space. Freshly painted exterior. The property has been extensively updated over the last 5 years. This house has it all, plus a prime Wenham location! First showing at Open House on Sat 09/10.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $13,874
Year Built
- Built in 1710
Lot Details
- 0.81 Acre Lot
- Near Conservation Area
- Fenced
- Landscaped Professionally
- Level Lot
- Fruit Trees
- Garden
Parking
- 2 Car Attached Garage
- Garage Door Opener
- Stone Driveway
- Off-Street Parking
Home Design
- Colonial Architecture
- Antique Architecture
- Block Foundation
- Stone Foundation
- Frame Construction
- Shingle Roof
- Concrete Perimeter Foundation
Interior Spaces
- 4,073 Sq Ft Home
- Beamed Ceilings
- Cathedral Ceiling
- Ceiling Fan
- Skylights
- Recessed Lighting
- Wood Burning Stove
- Bay Window
- Window Screens
- Sliding Doors
- Mud Room
- Living Room with Fireplace
- Dining Room with Fireplace
- 4 Fireplaces
- Home Office
- Sun or Florida Room
- Utility Room with Study Area
Kitchen
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Solid Surface Countertops
Flooring
- Wood
- Wall to Wall Carpet
- Laminate
- Ceramic Tile
- Vinyl
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bedroom on Main
- Custom Closet System
- In-Law or Guest Suite
- Pedestal Sink
- Bathtub with Shower
- Separate Shower
Laundry
- Laundry on main level
- Washer and Electric Dryer Hookup
Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
- Garage Access
Outdoor Features
- In Ground Pool
- Deck
- Patio
Location
- Property is near public transit
- Property is near schools
Schools
- Miles River Middle School
- Hamilton Wenham High School
Utilities
- Ductless Heating Or Cooling System
- Central Heating and Cooling System
- 2 Cooling Zones
- 3 Heating Zones
- Heating System Uses Natural Gas
- Pellet Stove burns compressed wood to generate heat
- Baseboard Heating
- Hot Water Heating System
- 200+ Amp Service
- Natural Gas Connected
- Tankless Water Heater
- Gas Water Heater
- Private Sewer
Listing and Financial Details
- Assessor Parcel Number 1837,3219490
Community Details
Overview
- No Home Owners Association
Amenities
- Medical Services
- Shops
Recreation
- Golf Course Community
- Tennis Courts
- Community Pool
- Park
- Community Stables
- Jogging Path
- Bike Trail
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 12, 2017
Closed on
Aug 21, 2017
Sold by
Black James R and Black Deborah W
Bought by
Phillips Dean W and Phillips Carolyn
Seller's Agent
John Farrell
Coldwell Banker Realty - Beverly
Buyer's Agent
Erin Lamb
RE/MAX 360
List Price
$680,000
Sold Price
$660,000
Premium/Discount to List
-$20,000
-2.94%
Total Days on Market
5
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$783,036
Avg. Annual Appreciation
10.44%
Original Mortgage
$528,000
Interest Rate
3.96%
Mortgage Type
New Conventional
Similar Homes in the area
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Phillips Dean W | $660,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Phillips Carolyn | $150,000 | |
| Open | Phillips Carolyn | $510,000 | |
| Closed | Phillips Dean W | $528,000 | |
| Previous Owner | Black James R | $400,000 | |
| Previous Owner | Black James R | $416,250 | |
| Previous Owner | Black James R | $275,000 | |
| Previous Owner | Black James R | $275,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/03/2022 11/03/22 | Sold | $1,370,000 | +14.3% | $336 / Sq Ft |
| 09/12/2022 09/12/22 | Pending | -- | -- | -- |
| 09/06/2022 09/06/22 | For Sale | $1,199,000 | +81.7% | $294 / Sq Ft |
| 08/21/2017 08/21/17 | Sold | $660,000 | -2.9% | $191 / Sq Ft |
| 07/06/2017 07/06/17 | Pending | -- | -- | -- |
| 06/12/2017 06/12/17 | For Sale | $680,000 | -- | $196 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $20,336 | $1,308,600 | $542,600 | $766,000 |
| 2024 | $19,847 | $1,267,400 | $542,600 | $724,800 |
| 2023 | $14,919 | $859,900 | $529,400 | $330,500 |
| 2022 | $13,528 | $690,900 | $363,000 | $327,900 |
| 2021 | $13,068 | $664,000 | $336,100 | $327,900 |
| 2020 | $12,101 | $638,900 | $335,800 | $303,100 |
| 2019 | $11,513 | $638,900 | $335,800 | $303,100 |
| 2018 | $9,932 | $528,600 | $325,000 | $203,600 |
| 2017 | $9,689 | $528,600 | $325,000 | $203,600 |
| 2016 | $8,976 | $528,600 | $325,000 | $203,600 |
| 2015 | $8,110 | $499,100 | $295,500 | $203,600 |
Source: Public Records
Agents Affiliated with this Home
-
Katie DiVirgilio
Seller's Agent in 2022
Katie DiVirgilio
RE/MAX
(617) 285-9847
3 in this area
304 Total Sales
-
Sean Gildea
Buyer's Agent in 2022
Sean Gildea
Sagan Harborside Sotheby's International Realty
(781) 775-5785
1 in this area
38 Total Sales
-
John Farrell
Seller's Agent in 2017
John Farrell
Coldwell Banker Realty - Beverly
(978) 578-5203
9 in this area
136 Total Sales
-
Erin Lamb
Buyer's Agent in 2017
Erin Lamb
RE/MAX 360
(978) 771-7083
56 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73032871
APN: WENH-000018-000000-000037
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