Close to Downtown This 2 Family is Currently being used as a 1 family. Features 2 Units, The Left side has Living room with decorative fireplace ( non functioning), Dining/Family Room, Large eat-in Kitchen, Office, Private enclosed porch and 3/4 bath all on first floor. Upstairs has 3 bedrooms and a Full Bath. The Right Unit has Large Entry Foyer open to Living Room, Large Eat in Kitchen and private covered porch., upstairs has 2 large bedrooms and a full bath. Full basement has 2 separate oil Forced hot air oil furnaces and separate gas hot water heaters, separate Gas Meters and separate 100 amp c.b. electric meters., All sitting on a sprawling level lot. Short walk to Library or many downtown restaurants and shopping. Note: 1st showings at Open House Sunday August 3rd, 2025 from 12 - 2 pm. Any offers submit to listing broker on or before 6 pm Tuesday August 5th 2025.
Sold for $805,000
$805,000
40 Cherry St, Danvers, MA 01923
5beds
2,076sqft
Multi Family
Built in 1867
-- sqft lot
$870,800 Zestimate®
$388/sqft
$3,194 Estimated rent
Home value
$870,800
$810,000 - $940,000
$3,194/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
John Thomson 978-807-2800,
The Thomson Companies 978-807-2800
Bought with:
Cheryl Grant
RE/MAX Bentley's
Source: MLS PIN,MLS#: 73412478
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Forced Air, Oil
Appliances
- Included: Range, Dishwasher, Refrigerator
Features
- Bathroom with Shower Stall, Bathroom With Tub, Bathroom With Tub & Shower, Living Room, Kitchen, Family Room
- Flooring: Wood
- Windows: Insulated Windows
- Basement: Full,Unfinished
- Number of fireplaces: 1
Interior area
- Total structure area: 2,076
- Total interior livable area: 2,076 sqft
- Finished area above ground: 2,076
Property
Parking
- Total spaces: 2
- Parking features: Off Street
- Uncovered spaces: 2
Features
- Patio & porch: Enclosed
- Waterfront features: River, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
Lot
- Size: 0.33 Acres
- Features: Level
Details
- Additional structures: Shed(s)
- Parcel number: M:051 L:040 P:,1879386
- Zoning: R1
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Foundation: Stone
- Roof: Shingle
Condition
- Year built: 1867
Utilities & green energy
- Electric: Circuit Breakers, 100 Amp Service
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Gas Range
Community & HOA
Community
- Features: Shopping, Park, Medical Facility, Highway Access, House of Worship, Marina, Private School, Public School
Location
- Region: Danvers
Financial & listing details
- Price per square foot: $388/sqft
- Tax assessed value: $713,700
- Annual tax amount: $7,844
- Date on market: 1/8/2026
- Total actual rent: 0
Price history
| Date | Event | Price |
|---|---|---|
| 9/29/2025 | Sold | $805,000+3.2%$388/sqft |
Source: MLS PIN #73412478 Report a problem | ||
| 8/6/2025 | Contingent | $779,900$376/sqft |
Source: MLS PIN #73412478 Report a problem | ||
| 8/1/2025 | Listed for sale | $779,900$376/sqft |
Source: MLS PIN #73412478 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,844 +7.9% | $713,700 +9.1% |
| 2024 | $7,268 +0.7% | $654,200 +6.5% |
| 2023 | $7,216 | $614,100 |
| 2022 | $7,216 +3% | $614,100 +17% |
| 2021 | $7,007 -0.3% | $524,900 -2.4% |
| 2020 | $7,026 +21.6% | $538,000 +23.6% |
| 2019 | $5,779 +2.1% | $435,200 +4.1% |
| 2018 | $5,661 +6% | $418,100 +11% |
| 2017 | $5,343 +2.6% | $376,500 +2.6% |
| 2016 | $5,210 +3.7% | $366,900 +8.9% |
| 2015 | $5,023 +2.2% | $336,900 +1.8% |
| 2014 | $4,914 +2.1% | $330,900 |
| 2013 | $4,811 -0.9% | $330,900 -5.1% |
| 2012 | $4,855 +4% | $348,500 |
| 2011 | $4,670 -3.1% | $348,500 -11.6% |
| 2010 | $4,820 +4.2% | $394,400 -4.4% |
| 2009 | $4,625 +1.5% | $412,600 -5.8% |
| 2008 | $4,557 +5.6% | $438,200 -5.4% |
| 2007 | $4,315 +3.6% | $463,000 +10.1% |
| 2006 | $4,165 +12.5% | $420,700 +16.8% |
| 2005 | $3,702 +4.6% | $360,100 +11.1% |
| 2004 | $3,539 +9.6% | $324,100 +25.5% |
| 2003 | $3,230 +4.9% | $258,200 +8.4% |
| 2002 | $3,078 +0.8% | $238,200 +37.8% |
| 1998 | $3,053 | $172,900 |
Find assessor info on the county website
Neighborhood: 01923
Nearby homes
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Nearby schools
GreatSchools rating
- 5/10Great Oak Elementary SchoolGrades: K-5Distance: 0.6 mi
- 4/10Holten Richmond Middle SchoolGrades: 6-8Distance: 0.6 mi
- 5/10Danvers High SchoolGrades: 9-12Distance: 1.4 mi
Schools provided by the listing agent
- Elementary: Great Oak
- Middle: Djhs
- High: Dhs
Source: MLS PIN. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$870,800
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Estimated market value
$870,800
- Massachusetts
- Essex County
- Danvers
- 01923
- 40 Cherry St
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