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40 Lake Dr, Hamilton MA 01982

Hamilton, MA 01982 • South Hamilton
$620,000
3
Beds
1
Baths
1,458
Sq Ft
$425
Price/Sq Ft
0.26
Acres
1940
Year Built
2
Parking
30
Days on Market
Closed Listed Jun 1, 2023 • MLS# 73114195 Copied! • Updated Jul 30, 2023

Sale Statistics

Sale Overview
Original List Price: $639,900
Final Sale Price: $620,000
Difference: $19,900 (-3.1%)
Performance Metrics
96.9%
List to Sale Ratio
Sold below asking price
30
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $439
Sale $/sq ft: $425
This property sold for $425 per square foot
Sale Summary

This property sold for 3.1% below the original asking price.

The property spent 30 days on market before selling.

Nearby Sales Comparison

Based on 2 similar properties sold within 0.5 miles in the last 90 days

This Property
$425/sq ft
Area Average
$480/sq ft
Difference
11.5%

This property sold below the area average, potentially representing good value for the buyer.

About this home

Freshly renovated and updated this like new shingle style bungalow has a great open floorplan and walking distance to Pleasant Pond. New stainless kitchen with quartz counters, a breakfast nook and counter seating. Kitchen is open to the living room for entertaining, both with recessed lighting and access to a beautiful flat yard with mature landscaping. 1st floor main bedroom has a walk in closet and picture window looking over the back yard. Lower level has finished space with laundry room and french doors to the outside. Great family room, media room, office or the plumbing is there to add a bath or ADU with zero stairs to the outside. GARAGE option. The yard has 2 garden sheds, a deck and lots of flowering shrubs/ plants. A serene place to relax. All new utilities including, boiler, roof, hot water tank, electric, plumbing and septic system Broker interest

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Recently Sold Nearby

Property History

Market Insights

54.5%
Price Range
32
Total Days on Market
2
Previous Sales

Property Timeline

Previous Transaction - MLS #73518681
Full transaction history available when tracking began
🏷️
Previously Sold
Jun 18, 2026
$770,000
MLS #73518681
Sold
Jul 27, 2023
$620,000
Property sold
Days on Market: 32
🏠
Listed for Sale
Jun 1, 2023
$639,900
Original listing
Agent: Gary Van Geyte Office: Berkshire Hathaway HomeServices Verani Realty
Previous Transaction - MLS #73063424
Full transaction history available when tracking began
🏷️
Previously Sold
Feb 14, 2023
$350,000
MLS #73063424

Tax History

Year Taxes Assessment
2023 $5,472 $334,900

Financial Details

Annual Property Tax
$5,472
Tax Year 2023
Assessed Value
$334,900

Facts & Features

Home Facts

Type Residential
Style Single Family Residence
Year Built 1940
Living Area 1,458 sq ft
Lot Size 0.26 acres
Bedrooms 3
Full Baths 1
Total Rooms 6

Interior

Heating Baseboard, Oil
Cooling None
Flooring Laminate, Hardwood
Appliances Water Heater, Microwave, Energy Star Qualified Refrigerator, Energy Star Qualified Dishwasher, Range
Fireplace None
Basement Full, Partially Finished, Walk-out Access, Interior Entry, Concrete
Laundry Electric Dryer Hookup, Washer Hookup
Features Finish - Cement Plaster, Finish - Sheetrock, Internet Available - Broadband

Exterior

Construction Frame
Architecture Cottage, Bungalow
Roof Shingle
Features Deck, Rain Gutters, Storage, Garden
Pool None
Spa None
Fencing None
Patio/Porch Deck
Features Paved Drive, Off Street, Paved
Total Spaces 2
Electric Circuit Breakers
Water Public
Sewer Private Sewer
Gas None
Other For Electric Range, For Electric Dryer, Washer Hookup
Annual Tax $5,472
Assessed Value $334,900
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures Seller Has Never Lived In The Property
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Other
Sq Ft Disclosures finished walk out lower level. all measurements are approximate.
Documents None
County Essex
Total market time (incl. prior listings) 32 days

Property Overview

Property Type
Single Family Residence
Listing Type
For Sale
Year Built
1940
Bedrooms
3
Full Bathrooms
1
Living Area
1,458 sq ft
Total Rooms
6

Room Details

Main Floor

Bathroom1
Bathroom - Full, Bathroom - Tiled With Tub & Shower, Closet - Linen, Flooring - Laminate, Lighting - Sconce

Other Floor

Bedroom5
Bedroom4
Bedroom3
13 x 11
Dining Room
Kitchen
12 x 10
Flooring - Laminate, Balcony / Deck, Countertops - Stone/Granite/Solid, Deck - Exterior, Open Floorplan, Recessed Lighting, Peninsula, Lighting - Overhead
Bathroom2
Bedroom2
12 x 11
Living Room
18 x 14
Flooring - Laminate, Exterior Access, High Speed Internet Hookup, Recessed Lighting, Lighting - Overhead
Bathroom3
Master Bedroom
21 x 10
Walk-In Closet(s), Flooring - Laminate, Window(s) - Picture, Recessed Lighting, Lighting - Overhead
Office
Family Room
26 x 11
Walk-In Closet(s), French Doors, Handicap Accessible, Recessed Lighting, Lighting - Overhead
Master Bathroom
Yes

Interior Features

Flooring: Laminate, Hardwood
Appliances: Water Heater, Microwave, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Dishwasher, Range
Interior Features: Finish - Cement Plaster, Finish - Sheetrock, Internet Available - Broadband
Windows: Insulated Windows
Basement: Full, Partially Finished, Walk-Out Access, Interior Entry, Concrete
Laundry: Electric Dryer Hookup, Washer Hookup
Security:

Construction & Materials

Style: Cottage, Bungalow
Year Built: 1940
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Block

Heating, Cooling & Utilities

Heating: Baseboard, Oil
Heating Zones: 2
Cooling: None
Hot Water:
Water Source: Public
Sewer: Private Sewer
Energy Features:

Exterior & Lot

Exterior Features: Deck, Rain Gutters, Storage, Garden
Patio & Porch: Deck
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 2
Parking Features: Paved Drive, Off Street, Paved
School District
Hamilton-Wenham School District local
A
School Safety 2024-25
0.5% Low
0.4% Suspensions 0.4% In-School 0.1% Emergency
5.0% below state avg
E

Elementary Schools

3 schools
A+
Bessie Buker Elementary School
0.5 mi | #73 of 824 | Score: 60.8
Dropped 21 spots from last year
+2.6 above state avg
255 students Less Diverse
Strong Attendance
Grades K-05
A+
Cutler School
0.7 mi | #42 of 824 | Score: 63.0
Improved 548 spots from last year
+4.8 above state avg
246 students Less Diverse
Rising School Strong Attendance
Grades K-05
A+
Winthrop School
1.0 mi | #81 of 824 | Score: 60.3
Improved 282 spots from last year
+2.1 above state avg
329 students Less Diverse
Rising School Strong Attendance
Grades PK-05
M

Middle Schools

3 schools
A
Miles River Middle School
2.3 mi | #63 of 352 | Score: 54.5
Dropped 37 spots from last year
-3.7 below state avg
391 students Less Diverse
Strong Attendance
Grades 06-08
B+
Beverly Middle School
3.4 mi | #140 of 352 | Score: 45.2
Improved 24 spots from last year
-13.1 below state avg
1,388 students Moderate
Rising School
Grades 05-08
B-
Holten Richmond Middle School
3.9 mi | #183 of 352 | Score: 42.0
Dropped 12 spots from last year
-16.2 below state avg
745 students Moderate
Grades 06-08
H

High Schools

3 schools
Pingree School
1.8 mi
Grades 09-12
A+
Hamilton-Wenham Regional High School
2.3 mi | #34 of 346 | Score: 69.9
Dropped 4 spots from last year
+11.7 above state avg
448 students Less Diverse
19 sports • 1,310 athletes
Strong AP Program High Graduation Rate College Ready Curriculum Strong Athletics
Grades 09-12
B
Danvers High School
3.1 mi | #158 of 346 | Score: 54.4
Dropped 16 spots from last year
-3.9 below state avg
784 students Moderate
17 sports • 1,436 athletes
Early College Program High Graduation Rate College Ready Curriculum Strong Athletics
Grades 09-12
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Location

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Neighborhood

South Hamilton

40 Lake Dr, Hamilton MA 01982

Hamilton, MA 01982

Listing Information

Listing Office Berkshire Hathaway HomeServices Verani Realty
Office Phone 603-434-2377
Agent MLS ID CN235699
Office MLS ID AN0992
Listing Data Updated Jul 30, 2023 11:31 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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