12B Mcdermott Farm Road # 12B, Danvers MA 01923

Danvers, MA 01923
$527,000
Est. $2,805/month
2
Beds
1.5
Baths
1,916
Sq Ft
$275
Price/Sq Ft
1987
Year Built
Condominium
Type
13
Days on Market
Closed Listed Sep 29, 2025 • MLS# 73158542

About this home

PLEASE DO NOT WALK ON PROPERTY OUTSIDE OF OPEN HOUSE TIMES. Wonderful two bedroom, light-filled condo located on a quiet cul-de-sac conveniently located minutes from malls, downtown Danvers and highways. Whether sitting at your kitchen table next to the huge bay window, entertaining in the open concept living/dining room or enjoying your private outdoor space in back, this condo checks all the boxes. Walk up to the second floor and find your primary bedroom with walk-in closet, a second bedroom and full bath. A huge bonus room on the third floor could be another bedroom, office, family room, workout room or a combination of any of those! If you need any additional space, the basement is partially finished and has tons of storage. Low condo fee and pets ok!!! First showings at Open House on Saturday 9/16 - 11-12:30 and Sunday 9/17 - 11-12:30. Offers, if any, are being held until Tuesday 9/19 at noon. Sellers prefer a mid October closing (between the 9th and 19th).

Sale Statistics

Sale Overview
Original List Price: $494,000
Final Sale Price: $527,000
Difference: +$33,000 (+6.7%)
Performance Metrics
106.7%
List to Sale Ratio
Sold above asking price
13
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $258
Sale $/sq ft: $275
This property sold for $275 per square foot
Sale Summary

This property sold for 6.7% above the original asking price, indicating strong buyer demand.

With only 13 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
Condominium
Property Category
Residential
Year Built
1987
Bedrooms
2
Full Bathrooms
1
Half Bathrooms
1
Living Area
1,916 sq ft
Total Rooms
6
Stories
3
Entry Level
1

Interior Features

Flooring
Tile, Carpet, Flooring - Wall to Wall Carpet
Heating
Forced Air
Has Heating
Yes
Cooling
Window Unit(s)
Has Cooling
Yes
Has Fireplace
No
Appliances
Range, Dishwasher, Refrigerator, Washer, Dryer
Interior Features
Closet, Bonus Room
Laundry Features
In Basement, In Building
Basement Details
Y

Exterior & Structure

Construction Materials
Frame
Roof
Shingle
Exterior Features
Deck - Wood, Patio
Patio/Porch Features
Deck - Wood, Patio
Has Spa
No
Waterfront Property
No

Lot & Land

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
2
Parking Features
Off Street

Utilities & Systems

Water Source
Public
Sewer
Public Sewer
Electric
200+ Amp Service

Community & HOA

Community Features
Shopping
HOA Fee
$225
HOA Fee Frequency
Monthly
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$4,906
Tax Year
2023
Tax Assessed Value
$417,500
Parcel Number
1880403
Zoning
res

Additional Details

Year Built Source
Public Records
Year Built Details
Actual
Building Name
Mcdermott Farm Condominium
Disclosures
See attached disclosure. Fridge, stove, dishwasher, washer and dryer to remain as gifts. Safe in basement, love seat in bonus room and window AC in bonus room also to remain as gifts.

Location

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Neighborhood

12B Mcdermott Farm Road # 12B, Danvers MA 01923

Danvers, MA 01923

Walkability

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Schools

School information not available

Monthly Payment Calculator

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Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $409
Homeowners Insurance $200
HOA Fee $225
PMI $0

Property History

Market Insights

6.3%
Price Range
13
Total Days on Market

Property Timeline

Sold
Oct 18, 2023
$527,000
Property sold
Days on Market: 13
🏠
Listed for Sale
Sep 12, 2023
$494,000
Original listing
Agent: Charlotte McAleer Office: Herrick Lutts Realty Partners

Price & Status History

Date Event Price Change
Sep 12, 2023 New Listing Added $494,000

Market Statistics

Days on Market
13 days
Price per Sq Ft
$275

Tax History

Year Taxes Assessment
2023 $4,906 $417,500

Financial Details

Annual Property Tax
$4,906
Tax Year 2023
HOA Fee
$225
Monthly
Assessed Value
$417,500

Listing Information

Listing Agent Charlotte McAleer
Listing Office Herrick Lutts Realty Partners
Agent MLS ID CN222901
Office MLS ID AN6507

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