16 Water Street, Danvers MA 01923

Danvers, MA 01923
$525,500
Est. $2,797/month
3
Beds
1.5
Baths
1,050
Sq Ft
$500
Price/Sq Ft
0.18
Acres
1865
Year Built
Single Family Residence
Type
4
Days on Market
Closed Listed Sep 29, 2025 • MLS# 73322841

About this home

Welcome to 16 Water St - an adorable 3bd, 1.5 bath gem in the fantastic community of Danvers - finally, a place to call your own is within reach! Perfectly sized for cozy living, this home offers a functional layout to maximize space. Main level features an eat-in kitchen, half bath, bright living room and main level laundry! Upstairs you will find 3 bedrooms, including the primary with double door closet space!, and a full bathroom. The huge yard is a standout feature. 7840 square feet of fenced-in land make possibilities endless - host, play, garden, build an epic she-shed or man cave!, etc!. Home has been well-maintained and is immaculate. Updates have been made throughout - furnace is less than 5 yrs old. Basement is full, clean and dry - great for storage! Close to parks, schools and shopping - a great place to settle down, grow some roots and stop paying rent! A truly superb value for a home in such good condition in a wonderful community!

Sale Statistics

Sale Overview
Original List Price: $499,900
Final Sale Price: $525,500
Difference: +$25,600 (+5.1%)
Performance Metrics
105.1%
List to Sale Ratio
Sold above asking price
4
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $476
Sale $/sq ft: $500
This property sold for $500 per square foot
Sale Summary

This property sold for 5.1% above the original asking price, indicating strong buyer demand.

With only 4 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
Single Family Residence
Property Category
Residential
Year Built
1865
Bedrooms
3
Full Bathrooms
1
Half Bathrooms
1
Living Area
1,050 sq ft
Total Rooms
5

Interior Features

Flooring
Tile, Laminate, Hardwood
Heating
Forced Air, Natural Gas
Has Heating
Yes
Cooling
Window Unit(s)
Has Cooling
Yes
Has Fireplace
No
Appliances
Gas Water Heater, Range, Dishwasher, Disposal, Microwave, Refrigerator
Laundry Features
First Floor
Basement Details
Full, Bulkhead, Sump Pump, Concrete, Unfinished

Exterior & Structure

Architectural Style
Colonial
Roof
Shingle
Foundation
Concrete Perimeter
Exterior Features
Porch, Deck - Composite, Fenced Yard
Patio/Porch Features
Porch, Deck - Composite
Fencing
Fenced/Enclosed, Fenced
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.18 acres
Lot Size
7,840 sq ft
Lot Size Area
0.1800
Lot Features
Level
Road Frontage Type
Public

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
6
Parking Features
Paved Drive, Off Street, Paved

Utilities & Systems

Utilities Available
for Electric Oven
Water Source
Public
Sewer
Public Sewer
Electric
100 Amp Service

Community & HOA

Community Features
Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Highway Access, Marina, Private School, Public School
HOA
No
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$5,270
Tax Year
2025
Tax Assessed Value
$479,500
Parcel Number
1881280
Zoning
R1

Additional Details

Year Built Source
Public Records
Year Built Details
Renovated Since
Attached Property
No
Exclusions
Personal Items.
Listing Terms
Contract

Location

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Neighborhood

16 Water Street, 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 $439
Homeowners Insurance $200
PMI $0

Property History

Market Insights

4.9%
Price Range
5
Total Days on Market

Property Timeline

Sold
Feb 14, 2025
$525,500
Property sold
Days on Market: 5
🏠
Listed for Sale
Jan 3, 2025
$499,900
Original listing
Agent: Nicole Hanlon Office: Lyv Realty

Price & Status History

Date Event Price Change
Jan 3, 2025 New Listing Added $499,900

Market Statistics

Days on Market
4 days
Price per Sq Ft
$500

Tax History

Year Taxes Assessment
2025 $5,270 $479,500

Financial Details

Annual Property Tax
$5,270
Tax Year 2025
Assessed Value
$479,500

Listing Information

Listing Agent Nicole Hanlon
Listing Office Lyv Realty
Agent MLS ID CN239145
Office MLS ID AN6884

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