NOT LISTED FOR SALE

480 Elm St Unit 1 Fitchburg, MA 01420

Estimated Value: $303,000 - $331,000

2 Beds
2 Baths
1,040 Sq Ft
$166/mo HOA Fee

Last Sold October 27, 2021

Last sale price $245,000 $236 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $1,826/month

28 Days on Market

About This Home

As of October 2021

Cherrywood Condominiums is a small development of townhouses. Recently updated End Unit. This unit is the biggest of all the units. Featuring: 2 Bedrooms, 1 1/2 bathrooms, 1 car garage, master bedroom with two closets, large eat-in kitchen with private backyard. Reasonable condominium fee of $166.00 a month. Pets allowed within the Units, subject to written permission by the trustees.

Last Agent to Sell the Property

Gloribel Ramos

EXIT New Options Real Estate Listed on: 08/17/2021

Last Buyer's Agent

Gloribel Ramos

EXIT New Options Real Estate Listed on: 08/17/2021

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $30

Year Built

  • 2004

HOA Fees

  • $166 per month

Parking

  • 1

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile

Additional Features

  • Primary bedroom located on second floor
  • 1 Heating Zone

Community Details

  • Common Area

Property Details

Home Type

Condominium

Est. Annual Taxes

$30

Year Built

2004

Lot Details

0

HOA Fees

$166 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • Carport Y N: No
  • Directions: GPS
  • Garage Yn: Yes
  • Structure Type: Townhouse
  • Year Built Details: Actual
  • Special Features: None
  • Year Built: 2004

Interior Features

  • Room Bedroom2 Level: Second
  • Room Bedroom2 Features: Flooring - Wall to Wall Carpet
  • Total Bathrooms: 1.5
  • Room Master Bedroom Features: Flooring - Wall to Wall Carpet
  • Room Master Bedroom Level: Second
  • Master Bathroom Features: No
  • Bathroom 1 Features: Flooring - Stone/Ceramic Tile
  • Bathroom 1 Level: First
  • Bathroom 2 Level: Second
  • Bathroom 2 Features: Flooring - Laminate
  • Room Kitchen Level: First
  • Room Kitchen Features: Flooring - Stone/Ceramic Tile
  • Room Living Room Level: First
  • Room Living Room Features: Flooring - Stone/Ceramic Tile
  • MAIN LO: AN0475
  • LIST PRICE PER Sq Ft: 235.58
  • PRICE PER Sq Ft: 235.58
  • MAIN SO: AN0475
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Stories: 2

Exterior Features

  • Patio And Porch Features: Deck - Wood
  • Waterfront: No

Garage/Parking

  • Parking Features: Under, Off Street
  • Attached Garage: Yes
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Total Parking Spaces: 2

Utilities

  • Cooling: Window Unit(s)
  • Heating: Baseboard, Natural Gas
  • HEAT ZONES: 1
  • COOLING ZONES: 0
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating Yn: Yes
  • Laundry Features: Electric Dryer Hookup, Washer Hookup, In Basement
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • UNIT BUILDING: 1
  • Association Fee: 166
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Community Features: Public Transportation, Shopping, Pool, Park, Walk/Jog Trails, Medical Facility, Laundromat, House of Worship, Public School, University
  • Pets Allowed: Breed Restrictions

Fee Information

  • Association Fee Includes: Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal

Schools

  • Elementary School: Crocker
  • High School: Fitchburg High
  • Middle Or Junior School: Longsjo

Lot Info

  • PAGE: 188
  • OUTDOOR SPACE AVAILABLE: Yes - Common
  • Farm Land Area Units: Square Feet
  • Zoning: RB

Multi Family

  • Number Of Units Total: 9

Tax Info

  • Tax Annual Amount: 2343
  • Tax Block: 0021
  • Tax Book Number: 7630
  • Tax Lot: 1
  • Tax Map Number: 0167
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2021
Closed on
Oct 26, 2021
Sold by
Santiago Reynaldo and Baez-Lopez Maria V
Bought by
Vasquez-Ortiz Juan
Seller's Agent
Gloribel Ramos
EXIT New Options Real Estate
Buyer's Agent
Gloribel Ramos
EXIT New Options Real Estate
List Price
$260,000
Sold Price
$245,000
Premium/Discount to List
-$15,000
-5.77%
Current Estimated Value
$311,257

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,257
Avg. Annual Appreciation
6.30%
Original Mortgage
$242,526
Outstanding Balance
$221,640
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$89,617

Purchase Details

Listed on
Feb 9, 2012
Closed on
May 10, 2012
Sold by
Fhlmc
Bought by
Santiago Reynaldo
Seller's Agent
Colleen Altison
Innovative Real Estate Solutions LLC
Buyer's Agent
Mary Condon
Foster-Healey Real Estate
List Price
$70,000
Sold Price
$55,000
Premium/Discount to List
-$15,000
-21.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.09%

Purchase Details

Closed on
Sep 18, 2007
Sold by
Pirro Jennifer and Richardson Chad
Bought by
Chaves Juliana A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,000
Interest Rate
6.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 17, 2004
Sold by
Cherrywood Condominium
Bought by
Richardson Chad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,900
Interest Rate
5.68%
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
Vasquez-Ortiz Juan $247,000 None Available
Santiago Reynaldo $55,000 --
Chaves Juliana A $146,000 --
Richardson Chad $139,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vasquez-Ortiz Juan $242,526
Previous Owner Chaves Juliana A $146,000
Previous Owner Richardson Chad $132,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/27/2021 10/27/21 Sold $245,000 -5.8% $236 / Sq Ft
09/15/2021 09/15/21 Pending -- -- --
08/17/2021 08/17/21 For Sale $260,000 +372.7% $250 / Sq Ft
05/10/2012 05/10/12 Sold $55,000 -8.3% $53 / Sq Ft View Prior Sale
04/30/2012 04/30/12 Pending -- -- --
03/15/2012 03/15/12 Price Changed $60,000 -14.3% $58 / Sq Ft
02/09/2012 02/09/12 For Sale $70,000 -- $67 / 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 $30 $219,300 $0 $219,300
2024 $2,725 $184,000 $0 $184,000
2023 $2,490 $155,400 $0 $155,400
2022 $2,513 $142,700 $0 $142,700
2021 $2,546 $133,800 $0 $133,800
2020 $2,436 $123,600 $0 $123,600
2019 $2,420 $118,100 $0 $118,100
2018 $2,273 $108,200 $0 $108,200
2017 $2,229 $103,700 $0 $103,700
2016 $2,178 $102,600 $0 $102,600
2015 $2,124 $102,700 $0 $102,700
2014 $2,102 $106,000 $0 $106,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72882663

MLS Property Information Network (MLS PIN)

APN: FITC-000167-000021-000001