$399,000
PENDING $51K PRICE DROP

500 Main St Cherry Valley, MA 01611

Estimated payment $2,449/month

Total Views 7,436
5 Beds
3 Baths
2,938 Sq Ft
$136 Price per Sq Ft

Highlights

  • Golf Course Community
  • Property is near public transit
  • Wood Flooring
  • Deck
  • Post and Beam
  • Porch

About This Home

In the family for years! This well maintained three unit building in a business zone could be just right for you! Ideal setup on the first floor for owner occupant or business. Main floor does need some updating but on the second floor you have a one bedroom unit and an ideal studio apartment. fully applianced. Good rents the day you move it!Structural damage found in basement area. Property will only work with contractor or cash buyer.

Listing Agent

Darlene Eager

ERA Key Realty Services- Spenc Listed on: 06/11/2025

ERA Key Realty Services- Spenc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,291

Year Built

  • Built in 1836

Lot Details

  • 0.54 Acre Lot
  • Stone Wall
  • Gentle Sloping Lot
  • Cleared Lot

Home Design

  • Post and Beam
  • Brick Foundation
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,938 Sq Ft Home
  • Property has 1 Level
  • Insulated Windows
  • Range

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Dirt Floor
  • Block Basement Construction

Parking

  • 6 Car Parking Spaces
  • Stone Driveway
  • Off-Street Parking

Outdoor Features

  • Deck
  • Porch

Location

  • Property is near public transit

Utilities

  • 3 Heating Zones
  • Heating System Uses Oil
  • Heating System Uses Steam

Listing and Financial Details

  • Assessor Parcel Number 1558670

Community Details

Recreation

  • Golf Course Community

Additional Features

  • 3 Units
  • Shops
  • Net Operating Income $22,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,291

Year Built

Built in 1836

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1836
  • Levels: 3
  • Year Built Details: Approximate
  • APOD AVAILABLE: No
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Wood, Tile, Carpet
  • Fireplace YN: No
  • Appliances: Range, Refrigerator, Washer, Dryer
  • Total Bedrooms: 5
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full, Interior Entry, Dirt Floor, Concrete, Unfinished
  • Above Grade Finished Sq Ft: 2938
  • Living Area: 2938
  • Spa YN: No
  • Stories Total: 3
  • Window Features: Insulated Windows
  • MAIN LO: K95310

Exterior Features

  • Exterior Features: Stone Wall
  • Construction Materials: Frame, Post & Beam
  • Foundation Details: Stone, Brick/Mortar
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Deck - Wood
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking Spaces: 6
  • Parking Features: Off Street, Stone/Gravel
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Heating: Steam, Oil
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • SEWAGE DISTRICT: cv
  • HEAT UNITS: 2
  • HEAT ZONES: 3
  • Hot Water: Electric, Tankless

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Golf, Highway Access, House of Worship, Sidewalks
  • Senior Community YN: No

Lot Info

  • Parcel Number: 1558670
  • Zoning: cb
  • Farm Land Area Units: Square Feet
  • Lot Features: Cleared, Gentle Sloping
  • Lot Size Acres: 0.54
  • Lot Size Sq Ft: 23400
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 4291

Multi Family

  • Net Operating Income: 22800
  • Number Of Units Total: 3
  • Total Actual Rent: 1900
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 3: 1
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 2

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $43 $364,600 $67,900 $296,700
2024 $4,020 $320,300 $58,600 $261,700
2023 $3,839 $298,500 $58,600 $239,900
2022 $3,699 $264,400 $55,800 $208,600
2021 $3,963 $261,900 $55,800 $206,100
2020 $3,495 $234,400 $51,400 $183,000
2019 $3,310 $219,500 $46,200 $173,300
2018 $3,168 $196,900 $46,200 $150,700
2017 $3,048 $196,900 $46,200 $150,700
2016 $2,904 $194,900 $57,700 $137,200
2015 $2,834 $194,900 $57,700 $137,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/21/2025 08/21/25 Pending -- -- --
07/15/2025 07/15/25 Price Changed $399,000 -11.3% $136 / Sq Ft
06/23/2025 06/23/25 For Sale $450,000 0.0% $153 / Sq Ft
06/14/2025 06/14/25 Pending -- -- --
06/11/2025 06/11/25 For Sale $450,000 -- $153 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73389358

MLS Property Information Network (MLS PIN)

APN: LEIC-000021CA000020