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5 Cherry Circle

5 Cherry Circle, Medway, MA 02053
Property in Medway
Sold Dec 03, 2021
$786,278
$546,000 by Rocket Mortgage
Mortgage Due Dec 03, 2051
5 Cherry Circle has been categorized by the local assessors in Medway, MA as a residential type of property. The building on the property was first built in 2021 and is 3 years old. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 5 Cherry Circle has 2,560 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 12,153 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a colonial style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as good. The building has a hip style roof made of asphalt. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with gas. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 5 Cherry Circle was last sold in Dec 3, 2021 for $786,278. According to our calculations, that's $307.14 per sqft. Current property owners are expected to pay $11,521 in taxes per year. The property on 5 Cherry Circle was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $722,800. To break that down further, the land itself was valued at $283,400. While improvements to the property were assessed at a total of $439,400. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2021
  • Effective Year Built: 2021
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Building Style: Colonial
  • Roof Shape Type: Hip
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 12,153
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,560
  • Building Area: 2,560
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,560
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.279
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : PATEL RESHMA
  • Current Owner 2: PATEL KISHAN
  • Previous Owner : TIMBER CREST LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Medway School District
  • School Tax School District: MEDWAY SD
  • Census Tract: 408104

Zoning

  • Zoning: MX

Geography

  • Account Number: 8-3&8
  • Parcel: MEDW M:14 B:005-0066
  • Block: 5-0066
  • Municipality: MEDWAY
  • Latitude: 42.1696
  • Longitude: -71.4257

    Address

  • Full Address: 5 Cherry Cir
  • Address - House Number: 5
  • Address - Street Name: Cherry
  • Address - Suffix Type: Cir
  • State: MA
  • City Name: Medway
  • Carrier Code: R002
  • 4-Digit Zip Code: 1768
  • Zip Code: 02053

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $11,521

    Appraisal Valuation

  • Standard Deviation: 0.1193
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 87
  • Final Value: 917,869
  • High Value: 1,027,418
  • Low Value: 808,320

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $546,000
  • First Open Lien Mortgage Lender: ROCKET MORTGAGE
  • First Open Lien Mortgage Recording Date: Dec 03, 2021
  • First Open Lien Mortgage Loan Amount: $546,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Dec 03, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $722,800
  • Assessed Land Value: $283,400
  • Assessed Improvements Value: $439,400

    Sales

  • Current Sale Contract Date: Dec 03, 2021
  • Current Sale Recording Date: Dec 03, 2021
  • Current Sale Transaction ID: 11872927192
  • Current Sale Price: $786,278
  • Current Sale Document Type: Quit Claim Deed (arm's length)
  • Current Sale Input Document Number: 152211

    Last Sale Mortgage

  • First Mortgage Lender: ROCKET MORTGAGE
  • First Mortgage Transaction Date: Dec 03, 2021
  • First Mortgage Loan Amount: $546,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

About Norfolk



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at

$3,495 /mo

  • 2 Beds
  • 1 Bath
  • 958 ft²
Listing by Manager

Frequently Asked Questions

What neighborhood is 5 Cherry Circle located in?
The 5 Cherry Circle is a located in the neighborhood of Medway in Norfolk, Medway.
What is the average sales price for listings in 5 Cherry Circle?
The average sales price for units in 5 Cherry Circle is $0 currently.

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