NOT LISTED FOR SALE

88 Cherry St Gloucester, MA 01930

Estimated Value: $526,000 - $729,000

3 Beds
1 Bath
960 Sq Ft
$640/Sq Ft Est. Value

Last Sold October 12, 2016

Last sale price $315,000 $328 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $3,623/month

9 Days on Market

About This Home

As of October 2016

Three bedroom ranch near Beeman School. Full walkout basement could be finished for additional living space. Nice lot overlooking woods. Slider to deck from dining room. Seller will provide Title V. Sewer betterment has been paid. There is an easement to property.

Last Agent to Sell the Property

Fatima Heath

North Shore's Gold Coast Realty Listed on: 08/01/2016

Last Buyer's Agent

Nancy Goodick

Home Details

Home Type

  • Single Family

Year Built

  • 1991

Lot Details

  • 0.31

Utilities

  • Sewer Inspection Required for Sale
  • Private Sewer

Home Details

Home Type

Single Family

Year Built

1991

Lot Details

0

Listing Details

  • Lot Description: Wooded
  • Property Type: Single Family
  • Other Agent: 1.00
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1991

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator
  • Has Basement: Yes
  • Number of Rooms: 6
  • Amenities: Public Transportation, Shopping, Tennis Court, Park, Walk/Jog Trails, Medical Facility, Laundromat, Conservation Area, Highway Access, House of Worship, Marina, Public School, T-Station
  • Electric: 220 Volts, 200 Amps
  • Energy: Insulated Windows
  • Flooring: Wood, Wall to Wall Carpet
  • Insulation: Full, Fiberglass
  • Basement: Full, Unfinished Basement
  • Bedroom 2: First Floor, 9X11
  • Bedroom 3: First Floor, 9X11
  • Kitchen: First Floor, 9X11
  • Laundry Room: Basement
  • Living Room: First Floor, 11X16
  • Master Bedroom: First Floor, 8X9
  • Master Bedroom Description: Flooring - Wall to Wall Carpet
  • Dining Room: First Floor, 11X11

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Other (See Remarks)
  • Exterior: Vinyl
  • Exterior Features: Deck
  • Foundation: Poured Concrete

Garage/Parking

  • Parking: Off-Street
  • Parking Spaces: 4

Utilities

  • Heating: Electric Baseboard
  • Heat Zones: 6
  • Hot Water: Electric
  • Utility Connections: for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup
  • Sewer: Inspection Required for Sale, Private Sewerage
  • Water: City/Town Water

Lot Info

  • Assessor Parcel Number: M:0109A B:0068 L:0000
  • Zoning: R3
  • Lot: 0068

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2016
Closed on
Oct 12, 2016
Sold by
Viator Robert V and Viator Anna M
Bought by
Novello Andrea J and Novello Michael O
Seller's Agent
Fatima Heath
North Shore's Gold Coast Realty
Buyer's Agent
Nancy Goodick
List Price
$335,000
Sold Price
$315,000
Premium/Discount to List
-$20,000
-5.97%
Current Estimated Value
$614,343

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$299,343
Avg. Annual Appreciation
7.51%
Original Mortgage
$252,000
Outstanding Balance
$202,025
Interest Rate
3.46%
Mortgage Type
New Conventional
Estimated Equity
$412,318

Purchase Details

Closed on
Feb 26, 1999
Sold by
Good Jonathan D
Bought by
Viator Robert and Viator Anna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 12, 1995
Sold by
Rees Mary V
Bought by
Rees James C and Rees Mary D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
8.31%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 27, 1995
Sold by
Obrien Marcia E
Bought by
Rees Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
8.31%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 12, 1994
Sold by
Obrien Nora Est
Bought by
Good Jonathan
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Novello Andrea J $315,000 --
Viator Robert $170,000 --
Rees James C $49,000 --
Rees Mary $67,000 --
Good Jonathan $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Novello Andrea J $252,000
Previous Owner Good Jonathan $56,376
Previous Owner Good Jonathan $70,000
Previous Owner Good Jonathan $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/12/2016 10/12/16 Sold $315,000 -6.0% $328 / Sq Ft
08/10/2016 08/10/16 Pending -- -- --
08/01/2016 08/01/16 For Sale $335,000 -- $349 / 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 $4,851 $499,100 $196,300 $302,800
2024 $4,718 $484,900 $186,900 $298,000
2023 $4,716 $445,300 $166,900 $278,400
2022 $4,452 $379,500 $145,200 $234,300
2021 $4,468 $359,200 $132,000 $227,200
2020 $4,163 $337,600 $132,000 $205,600
2019 $4,093 $322,500 $132,000 $190,500
2018 $4,007 $309,900 $132,000 $177,900
2017 $4,028 $305,400 $125,700 $179,700
2016 $3,856 $283,300 $131,100 $152,200
2015 $3,848 $281,900 $131,100 $150,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72046736

MLS Property Information Network (MLS PIN)

APN: GLOU-000109A-000068