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William Raveis

© 2026 Rozita Taba. All rights reserved.
Equal Housing Opportunity. Information deemed reliable but not guaranteed.

  1. Home
  2. Listings
  3. 141 Cherry Street, Gloucester, MA 01930
Active Under Contract
16 Days on market
141 Cherry Street Gloucester — Photo 1 of 22

141 Cherry Street Gloucester — Photo 1 of 22

$498,000

141 Cherry Street, Gloucester, MA 01930

Gloucester, MA 01930

Beds

2

Baths

1

SqFt

1,095

Style

Single Family

Built

1965

Endless renovation possibilities await to transform this charming Ranch into a true showstopper. The home offers a solid foundation of valuable updates, including a 5 year old asphalt-shingle roof, owned solar panels installed by Cazault Solar in 2021, central AC, and central heat powered by a gas furnace installed in 2014. The electrical panel and hot water heater were upgraded in 2018, and an oversized rear deck was added that same year (2018). A detached shed provides additional storage. The partially finished, heated basement, with convenient walk-out access to the backyard, offers excellent bonus space for a home office, gym, studio, or additional living space. The large, fenced-in front yard provides wonderful outdoor space and inviting curb appeal. With a new kitchen and bath, updated insulation and windows, fresh paint, and refinished hardwood floors, this home could truly shine once again. The generous lot also presents exciting possibilities for expansion, whether adding an attached garage, creating additional living space, or building above an expanded footprint, subject to all necessary approvals. With its thoughtful existing improvements, generous property size, and abundant potential, this Ranch offers a wonderful opportunity for its next steward to reimagine the home and create a space tailored to their needs and vision.

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$455/sqft
Local Avg (Gloucester)$623/sqft
27% BelowMarket Average

* Analysis is based on 21 actively listed and recently sold comparable properties strictly within Gloucester, MA.

Property Details

Financials

Original Price$498,000
Annual Taxes$4,027

Parking

Garage0
Off-Street6

Interior Specifications

Total Rooms5
FireplacesNone
FlooringHardwood, Flooring - Stone/Ceramic Tile
BasementFull, Partially Finished, Walk-Out Access, Interior Entry, Concrete

Climate & Utilities

HeatingCentral, Forced Air, Natural Gas
CoolingCentral Air, Active Solar
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningR-10

Property & Lot

Acres0.23
SqFt Lot10,000
Lot Features--

Amenities & Appliances

Gas Water Heater • Range • Washer • Dryer

Neighborhood

Public Transportation • Walk/Jog Trails • Bike Path • Conservation Area • House of Worship • Marina

Geography

Floorplan Breakdown

Structural Layout

First
Master BedroomBedroom 2Bathroom 1
Basement
Office
Main,First
Living RoomKitchen
Living Room
Lvl Main,First

15 x 12

Closet, Flooring - Hardwood, Exterior Access

Kitchen
Lvl Main,First

14 x 12

Flooring - Stone/Ceramic Tile, Balcony / Deck, Exterior Access

Office
Lvl Basement

17 x 21

Closet, Flooring - Stone/Ceramic Tile

Master Bedroom
Lvl First

9 x 15

Ceiling Fan(s), Closet, Flooring - Hardwood

Bedroom 2
Lvl First

12 x 8

Bathroom 1
Lvl First

5 x 12

Bathroom - Full, Flooring - Stone/Ceramic Tile

Population

30,075

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$84K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

36.0%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Essex County

992 housing units permitted in the last 12 months (-15% vs the prior 12 months) — 515 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jun '26)

ADU Potential

Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 548 sq ft (the lesser of 900 sq ft or half the 1,095 sq ft principal dwelling). Lot size: 10,000 sq ft.

Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.

Full Gloucester, MA market report ZIP 01930 market data
Listing Provided By

Listing Agent: Julia Virden

Listing Office: J. Barrett & Company

MLS® Number: 73564643

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