38 Reservoir Dr, Danvers MA 01923

Danvers, MA 01923 • Putnamville
$1,200,000
Est. $6,387/month
5
Beds
3.5
Baths
4,101
Sq Ft
$293
Price/Sq Ft
0.41
Acres
1986
Year Built
Single Family Residence
Type
47
Days on Market
Closed Listed Sep 29, 2025 • MLS# 73369113

About this home

Welcome to this charming home, on Putnamville Reservoir. As you approach, you'll be greeted by a beautifully maintained exterior and a welcoming front entrance. Step inside to a spacious and inviting living area, perfect for relaxing with family and friends. Large windows throughout the home allow natural light with views of the reservoir to create a warm and inviting atmosphere. The well-appointed kitchen is a chef's delight, more than ample counter & storage space. The home boasts 4 generous bedrooms. The master suite includes 3/4 bath with plenty of closet space, The bathrooms are tastefully designed for functionality and style. Step outside to enjoy the elegant backyard with 2 tier deck, hot tub, screened porch, running pond, landscape lighting. The property also includes a 2 car garage, mud room, play room, finished basement with kitchen bath, laundry with exterior access. Within easy reach of local amenities, shopping, dining. Don't miss this remarkable gem!

Sale Statistics

Sale Overview
Original List Price: $1,450,000
Final Sale Price: $1,200,000
Difference: $250,000 (-17.2%)
Performance Metrics
82.8%
List to Sale Ratio
Sold below asking price
47
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $354
Sale $/sq ft: $293
This property sold for $293 per square foot
Sale Summary

This property sold for 17.2% below the original asking price.

The property spent 47 days on market before selling.

Facts & Features

Property Overview

Property Type
Single Family Residence
Property Category
Residential
Year Built
1986
Bedrooms
5
Full Bathrooms
3
Half Bathrooms
1
Living Area
4,101 sq ft
Total Rooms
12

Interior Features

Flooring
Wood, Tile, Carpet, Hardwood
Heating
Baseboard, Oil
Has Heating
Yes
Cooling
Central Air
Has Cooling
Yes
Has Fireplace
Yes
Number of Fireplaces
2
Appliances
Electric Water Heater, Water Heater, Range, Oven, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Interior Features
Sauna/Steam/Hot Tub, Walk-up Attic, Finish - Sheetrock, Wired for Sound, Internet Available - Broadband, Internet Available - DSL, Internet Available - Satellite
Door Features
Insulated Doors, Storm Door(s)

Exterior & Structure

Construction Materials
Frame, Post & Beam
Architectural Style
Colonial
Roof
Shingle
Foundation
Concrete Perimeter
Exterior Features
Porch - Screened, Deck, Deck - Wood, Patio
Patio/Porch Features
Screened, Deck, Deck - Wood, Patio
Has Spa
No
Waterfront Features
Waterfront, Lake, Frontage
Waterfront Property
Yes

Lot & Land

Lot Size
0.41 acres
Lot Size
17,999 sq ft
Lot Size Area
0.4100
Lot Features
Level
Road Surface Type
Paved
Road Frontage Type
Public

Parking & Garage

Garage Spaces
2
Has Garage
Yes
Attached Garage
Yes
Has Carport
No
Total Non-Garage Parking Spaces
4
Parking Features
Attached, Garage Door Opener, Garage Faces Side, Oversized, Paved Drive, Off Street, Paved
Covered Parking Spaces
2

Utilities & Systems

Water Source
Public
Sewer
Public Sewer
Electric
220 Volts, Circuit Breakers
Security Features
Security System
Energy Efficient Features
Thermostat

Community & HOA

Community Features
Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School
HOA
No
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$11,770
Tax Year
2025
Tax Assessed Value
$1,071,000
Parcel Number
M:009 L:035 P:,1873533
Zoning
R3

Additional Details

Year Built Source
Public Records
Year Built Details
Actual
Attached Property
Yes

Location

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Neighborhood

Putnamville

38 Reservoir Dr, 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 $981
Homeowners Insurance $200
PMI $0

Property History

Market Insights

14.2%
Price Range
49
Total Days on Market

Property Timeline

Sold
Jul 8, 2025
$1,200,000
Property sold
Days on Market: 49
🏠
Listed for Sale
May 3, 2025
$1,399,000
Original listing
Office: Compass

Price & Status History

Date Event Price Change
May 3, 2025 New Listing Added $1,399,000

Market Statistics

Days on Market
47 days
Price per Sq Ft
$293

Tax History

Year Taxes Assessment
2025 $11,770 $1,071,000

Financial Details

Annual Property Tax
$11,770
Tax Year 2025
Assessed Value
$1,071,000

Listing Information

Listing Agent Michael Lyons
Listing Office Compass
Agent MLS ID BB900605
Office MLS ID AN2383

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