NOT LISTED FOR SALE

97 Cherry St Gloucester, MA 01930

Estimated Value: $488,000 - $748,000

4 Beds
2 Baths
1,800 Sq Ft
$349/Sq Ft Est. Value

Last Sold June 17, 2013

Last sale price $335,000 $186 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $3,761/month

18 Days on Market

About This Home

As of June 2013

Multiple offer Notification, all offers must be Submitted by Saturday May 4, Newly renovated 4 bedroom home with a Legal in-Law Apartment with a Separate kitchen which can be easily converted to a Single, very close to Beeman School, and Dogtown Common Conservation land. Newer windows, kitchen,with Granite counters and Stainless Steele appliance , storage. Property has a great backyard with above ground swimming pool,, trex decking on an outdoor area that serves up some great entertaining space

Last Agent to Sell the Property

Mohammad Abouchleih

First Realty Listed on: 05/02/2013

Last Buyer's Agent

Diane Polley

Churchill Properties

Home Details

Home Type

Single Family

Year Built

1975

Lot Details

0

Listing Details

  • Lot Description: Paved Drive
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1975

Interior Features

  • Has Basement: Yes
  • Fireplaces: 1
  • Number of Rooms: 9
  • Basement: Finished

Garage/Parking

  • Parking Spaces: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 28, 2017
Sold by
Mello Joseph C and Mello Donna E
Bought by
Mello Joseph C and Mello Donna E
Current Estimated Value
$627,641

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$615,000
Outstanding Balance
$515,667
Interest Rate
4.23%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$111,974

Purchase Details

Listed on
May 2, 2013
Closed on
Jun 17, 2013
Sold by
Reem Property Llc
Bought by
Mello Joseph J and Mello Donna E
Seller's Agent
Mohammad Abouchleih
First Realty
Buyer's Agent
Diane Polley
Churchill Properties
List Price
$319,000
Sold Price
$335,000
Premium/Discount to List
$16,000
5.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.14%

Purchase Details

Closed on
May 17, 2000
Sold by
Simon David J and Niastro Jody M
Bought by
Cracchiolo Giuseppe A and Cracchiolo Carla A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,050
Interest Rate
8.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 21, 1990
Sold by
Wallace Lester A
Bought by
Simon David J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,999
Interest Rate
10.39%
Mortgage Type
Purchase Money Mortgage
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
Mello Joseph C -- --
Mello Joseph C -- --
Mello Joseph J $335,000 --
Cracchiolo Giuseppe A $219,000 --
Cracchiolo Giuseppe A $219,000 --
Simon David J $170,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mello Joseph C $615,000
Closed Simon David J $615,000
Previous Owner Cracchiolo Giuseppe A $208,050
Previous Owner Simon David J $153,999
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/17/2013 06/17/13 Sold $335,000 -4.0% $186 / Sq Ft
05/20/2013 05/20/13 Pending -- -- --
05/06/2013 05/06/13 Price Changed $349,000 +9.4% $194 / Sq Ft
05/02/2013 05/02/13 For Sale $319,000 -- $177 / 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 $5,664 $582,700 $188,700 $394,000
2024 $5,590 $574,500 $179,700 $394,800
2023 $5,745 $542,500 $160,500 $382,000
2022 $5,413 $461,500 $139,600 $321,900
2021 $5,242 $421,400 $126,900 $294,500
2020 $4,994 $405,000 $126,900 $278,100
2019 $4,700 $370,400 $126,900 $243,500
2018 $4,435 $343,000 $126,900 $216,100
2017 $4,251 $322,300 $120,800 $201,500
2016 $4,256 $312,700 $126,100 $186,600
2015 $4,192 $307,100 $126,100 $181,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71518976

MLS Property Information Network (MLS PIN)

APN: GLOU-000109A-000045