NOT LISTED FOR SALE

58R Cherry St Gloucester, MA 01930

Estimated Value: $583,000 - $770,746

4 Beds
2 Baths
2,104 Sq Ft
$332/Sq Ft Est. Value

Last Sold March 08, 2019

Last sale price $473,900 $225 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $4,225/month

83 Days on Market

Highlights

  • Waterfront
  • Property is near public transit
  • Wood Flooring
  • Deck
  • Raised Ranch Architecture
  • Solid Surface Countertops

About This Home

As of March 2019

This Brand New Construction home in desirable Riverdale location is close to the walking and biking trails of Dogtown Common, Beeman Elementary and O’Maley Middle Schools and also provides quick and easy access to Downtown Gloucester, the MBTA Commuter Rail and Route 128. This spacious raised ranch offers a formal entry which leads up to the main living area consisting of a living and dining space with exterior access to the deck, a large kitchen with quartz countertops and an island, three bedrooms and a full bath. The lower level provides a second full bath with laundry, a large additional room perfect for a fourth bedroom, home office or kids playroom, and a family room with exterior access to the yard. The exterior provides a small level yard area, off street parking and there is also a one car garage.

Last Agent to Sell the Property

Mark Ventimiglia

Vadala Real Estate Listed on: 11/06/2018

Last Buyer's Agent

Donna DeCrescente

RE/MAX Andrew Realty Services

RE/MAX Andrew Realty Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,024

Year Built

  • Built in 2018

Lot Details

  • 5,663 Sq Ft Lot
  • Waterfront
  • Near Conservation Area
  • Level Lot
  • Property is zoned R-10

Parking

  • 1 Car Attached Garage
  • Tuck Under Parking
  • Off-Street Parking

Home Design

  • Raised Ranch Architecture
  • Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,104 Sq Ft Home
  • Recessed Lighting
  • Insulated Windows
  • Insulated Doors
  • Laundry on main level

Kitchen

  • Range
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Solid Surface Countertops

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • 2 Full Bathrooms
  • Bathtub Includes Tile Surround
  • Linen Closet In Bathroom

Basement

  • Partial Basement
  • Exterior Basement Entry
  • Block Basement Construction

Eco-Friendly Details

  • Energy-Efficient Thermostat

Outdoor Features

  • Bulkhead
  • Deck

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Forced Air Heating and Cooling System
  • 1 Cooling Zone
  • 4 Heating Zones
  • Heating System Uses Natural Gas
  • Electric Baseboard Heater
  • Propane Water Heater

Community Details

  • Jogging Path
  • Bike Trail

Listing and Financial Details

  • Tax Lot 13
  • Assessor Parcel Number 1898996

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,024

Year Built

Built in 2018

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Raised Ranch
  • Year Built: 2018
  • Buyer Agency: 2.25
  • Buyer Agency Type: %
  • Transaction Broker: 2
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Flooring: Tile, Hardwood
  • Door Features: Insulated Doors
  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Refrigerator, Propane Water Heater
  • Total Bedrooms: 4
  • Room Bedroom2 Level: Second
  • Room Bedroom2 Features: Flooring - Hardwood
  • Room Bedroom2 Area: 143
  • Room Bedroom3 Features: Flooring - Hardwood
  • Room Bedroom3 Area: 99
  • Room Bedroom3 Level: Second
  • Room Bedroom4 Area: 204
  • Room Bedroom4 Level: First
  • Room Bedroom4 Features: Flooring - Wall to Wall Carpet
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Room Master Bedroom Features: Flooring - Hardwood
  • Room Master Bedroom Level: Second
  • Room Master Bedroom Area: 168
  • Bathroom 1 Features: Bathroom - Full, Bathroom - Tiled With Tub, Closet - Linen, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
  • Bathroom 1 Level: Second
  • Bathroom 2 Level: First
  • Bathroom 2 Features: Bathroom - Full, Bathroom - With Tub, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
  • Room Dining Room Features: Flooring - Hardwood
  • Room Dining Room Level: Second
  • Room Dining Room Area: 110
  • Room Family Room Level: First
  • Room Family Room Features: Exterior Access, Recessed Lighting
  • Room Family Room Area: 264
  • Room Kitchen Level: Second
  • Room Kitchen Features: Flooring - Hardwood, Countertops - Stone/Granite/Solid, Kitchen Island, Recessed Lighting, Stainless Steel Appliances
  • Room Kitchen Area: 144
  • Laundry Features: First Floor
  • Room Living Room Level: Second
  • Room Living Room Area: 192
  • Room Living Room Features: Flooring - Hardwood, Recessed Lighting
  • Basement: Partial, Bulkhead, Concrete
  • Living Area: 2104
  • Window Features: Insulated Windows
  • MAIN LO: C95600
  • LIST PRICE PER Sq Ft: 225.24
  • PRICE PER Sq Ft: 225.24
  • MAIN SO: AC2354

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront Features: Beach Front, 1 to 2 Mile To Beach
  • Waterfront YN: Yes

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage YN: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Parking Features: Under, Off Street
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air, Electric Baseboard, Natural Gas, Electric
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 4
  • COOLING ZONES: 1

Condo/Co-op/Association

  • Community Features: Public Transportation, Walk/Jog Trails, Bike Path, Conservation Area, Highway Access, Public School

Lot Info

  • Parcel Number: 1898996
  • Zoning: R-10
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.13
  • Lot Size Area: 0.13
  • Lot Size Sq Ft: 5662.8
  • Lot Size Units: Acres
  • Property Attached YN: No
  • LOT SIZE: 5637
  • PAGE: 79

Green Features

  • Green Energy Efficient: Thermostat

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 2023.55
  • Tax Book Number: 35887
  • Tax Lot: 13
  • Tax Map Number: 107

Multi Family

  • Basement Included Sq Ft: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2018
Closed on
Mar 7, 2019
Sold by
Appraisals Llc
Bought by
Galley Jacob L and Kholodenko Sophia N
Seller's Agent
Mark Ventimiglia
Vadala Real Estate
Buyer's Agent
Donna DeCrescente
RE/MAX Andrew Realty Services
List Price
$499,000
Sold Price
$473,900
Premium/Discount to List
-$25,100
-5.03%
Total Days on Market
83
Current Estimated Value
$697,937

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$224,037
Avg. Annual Appreciation
6.36%
Original Mortgage
$308,035
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 23, 2017
Sold by
Adams W William
Bought by
Appraisals Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
4.1%
Mortgage Type
Commercial

Purchase Details

Listed on
Aug 6, 2014
Closed on
Dec 8, 2014
Sold by
Reardon David A and Reardon Hanry J
Bought by
Adams W W
Seller's Agent
Michele Allison-Elwell
Coldwell Banker Realty - Beverly
Buyer's Agent
Michele Allison-Elwell
Coldwell Banker Realty - Beverly
List Price
$179,000
Sold Price
$112,500
Premium/Discount to List
-$66,500
-37.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.93%
Source: Public Records

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Range of Values:

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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
Galley Jacob L $473,900 --
Appraisals Llc -- --
Appraisals Llc -- --
Adams W W $112,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Galley Jacob L $204,000
Closed Galley Jacob L $308,035
Previous Owner Appraisals Llc $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2019 03/08/19 Sold $473,900 0.0% $225 / Sq Ft
01/28/2019 01/28/19 Pending -- -- --
01/07/2019 01/07/19 Price Changed $473,900 -5.0% $225 / Sq Ft
11/06/2018 11/06/18 For Sale $499,000 +343.6% $237 / Sq Ft
12/08/2014 12/08/14 Sold $112,500 -31.8% $139 / Sq Ft
10/17/2014 10/17/14 Pending -- -- --
09/16/2014 09/16/14 Price Changed $165,000 -7.8% $204 / Sq Ft
08/06/2014 08/06/14 For Sale $179,000 -- $221 / 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 $6,250 $642,300 $148,300 $494,000
2024 $6,250 $642,300 $148,300 $494,000
2023 $5,921 $559,100 $132,400 $426,700
2022 $5,549 $473,100 $115,200 $357,900
2021 $5,495 $441,700 $104,700 $337,000
2020 $5,223 $423,600 $104,700 $318,900
2019 $1,530 $120,600 $104,700 $15,900
2018 $2,024 $156,500 $104,700 $51,800
2017 $1,638 $124,200 $74,800 $49,400
2016 $1,629 $119,700 $78,000 $41,700
2015 $2,509 $183,800 $104,100 $79,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72420372

MLS Property Information Network (MLS PIN)

APN: GLOU-000107-000013