$112,500
SOLD DEC 8, 2014

58R Cherry St Gloucester, MA 01930

2 Beds
1 Bath
810 Sq Ft
5,663 Sq Ft Lot

Recently Sold

$139 Per Sq Ft

37% Below List Price

72 Days on Market

About This Home

As of March 2019

Land for sale with water and electric in place. includes a 1945 camp house. Set far off Cherry St. Offers 2+ bedrooms plus office and storage. First level w/ nice size bedroomw/tile fl. Kitchen w/ pantry. Sm. room off kit. for dining. Livingroom with tile floor &wood stove . Upstairs has New Windows,Large Bedroom ,Storage and two add. rooms . Yard w/ Sheds ,Vegetable Garden& a PearTree.Easy care yard. Additional Parking for 1 could be created behind fence.Just Across the street from acres of outdoor recreation in the woods of Dogtown stretching all the way into Rockport.. Enjoy walks in woods, hiking , nature exploring, mountain biking , cross country skiing and more. Close to Mill Pond and indoor ice skating rink. This home has electricity and year round water. It needs major work and must be hooked up to city sewer by next owner.Right to pass off of Cherry St. up to property lot. Please do not block or park on right of way.

Last Agent to Sell the Property

Michele Allison-Elwell

Coldwell Banker Realty - Beverly Listed on: 08/06/2014

Coldwell Banker Realty - Beverly

Last Buyer's Agent

Michele Allison-Elwell

Coldwell Banker Realty - Beverly Listed on: 08/06/2014

Coldwell Banker Realty - Beverly

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%
Current Estimated Value
$698,484

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$224,584
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

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 Type Sale Price Title Company
Not Resolvable $473,900 --
Deed -- --
Deed -- --
Not Resolvable $112,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $204,000 Stand Alone Refi Refinance Of Original Loan
Closed $308,035 New Conventional
Previous Owner $350,000 Commercial
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

  • Mark Ventimiglia

    Seller's Agent in 2019

    Mark Ventimiglia

    Vadala Real Estate

    (978) 281-1111

    80 Total Sales

    Mark Ventimiglia
    Section Image
  • Donna DeCrescente

    Buyer's Agent in 2019

    Donna DeCrescente

    RE/MAX

    (617) 335-3226

    23 Total Sales

    Donna DeCrescente
    Section Image
  • Michele Allison-Elwell

    Seller's Agent in 2014

    Michele Allison-Elwell

    Coldwell Banker Realty - Beverly

    (978) 766-8041

    13 Total Sales

    Michele Allison-Elwell
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71725344

MLS Property Information Network (MLS PIN)

APN: GLOU-000107-000013

Massachusetts Essex County Gloucester 01930

58R Cherry St, Gloucester, MA

This home is located at 58R Cherry St, Gloucester, MA 01930 and is currently priced at $112,500, approximately $138 per square foot. This property was built in 1945. 58R Cherry St is a home located in Essex County with nearby schools including Beeman Memorial, Ralph B O'maley Middle School, and Gloucester High School.

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MLS Property Information Network (MLS PIN) The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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