Check Availability

5 Cherry Hill Drive

5 Cherry Hill Drive, Danvers, MA 01923
Commercial in Danvers
5 Cherry Hill Drive in Danvers, MA was first built in 1989 and is 35 years old. This has been categorized as a office property type. There are a total of 3 floors. There are 4 partial bathrooms. 5 Cherry Hill Drive has 34,608 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 251,777 square feet.

Learn more about the property and building on this page. The home has a flat style roof made of materials that we aren't sure of. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with steel control joints. The condition of the building has been evaluated as average. The exterior walls of the home are made of glass. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with gas. The property was last sold in Jan 1, 1970 for $2,500,000. That's $72.24 per sqft. Prior to that sales transaction, the property was also sold in Jan 1, 1970 for $62,300,000. 5 Cherry Hill Drive was last assessed in 2024. The total value of the property was assessed at $2,992,800. Specifically, the land the property is located on was valued at $1,243,900. While improvements on the property were assessed at a total of $1,748,900. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $55,666. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Construction Type: Steel
  • Exterior Walls Type: Glass
  • Roof Shape Type: Flat
  • Roof Cover Type: Other
  • Floor Count: 3
  • Living Units: 11
  • Business/Commerical Units Count: 93
  • Basement Type: Unfinished basement
  • Basement Area: 9,888
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 251,777
  • Total Building Area: 34,608
  • Gross Building Area: 39,696
  • Building Area: 34,608
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 34,608
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Office
  • Land Acres: 5.78
  • Standard Land Use Code: Office bldg (general)

Ownership

  • Current Owner : GATEWAY 2 T
  • Previous Owner : BROOKWOOD CHERRY HL 1
  • Owner Before Previous Owner: CHERRY HILL CORPORATE
  • Ownership Rights Codes: Trustee/Conservator

Neighborhood

  • School District Name: Danvers School District
  • School Tax School District: DANVERS SD
  • Census Tract: 211300

Zoning

  • Zoning: I2

Geography

  • Parcel: DANV M:037 L:036 P:
  • Lot: 36
  • Municipality: DANVERS
  • Latitude: 42.5743
  • Longitude: -70.9154

    Address

  • Full Address: 5 Cherry Hill Dr
  • Address - House Number: 5
  • Address - Street Name: Cherry Hill
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Danvers
  • Carrier Code: C023
  • 4-Digit Zip Code: 2590
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $55,666

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $2,992,800
  • Assessed Land Value: $1,243,900
  • Assessed Improvements Value: $1,748,900

    Sales

  • Current Sale Recording Date: Mar 05, 2018
  • Current Sale Transaction ID: 11434850505
  • Current Sale Price: $2,500,000
  • Current Sale Document Type: Quit Claim Deed (arm's length)
  • Current Sale Input Document Number: 180305003880
  • Previous Sale Recording Date: Mar 12, 2007
  • Previous Sale Amount: $62,300,000
  • Previous Sale Document Type: Deed

    Previous Mortgages

  • Previous Mortgage Lender: WACHOVIA BANK NA
  • Previous Mortgage Transaction Date: Mar 12, 2007
  • Previous Mortgage Loan Amount: $9,999,999
  • Previous Mortgage Loan Type: Commercial

About Danvers



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 5 Cherry Hill Drive located in?
The 5 Cherry Hill Drive is a commercial located in the neighborhood of Danvers in Danvers, Danvers.
What is the average sales price for listings in 5 Cherry Hill Drive?
The average sales price for units in 5 Cherry Hill Drive is $0 currently.

Quantcast