Contractors take note, this 4 bedroom home on an oversized lot in prime Danvers location offers major potential. Lot square footage may allow for additional unit on property. Home is in need of renovation but offers spacious, square rooms and land to expand. More recent updates to circuit breaker and hot water heater. Detached two car garage with storage/workshop space. Large, flat lot on wide street leading to bay. Water access at end of the street. Convenient to malls, highways, schools and towns including Danvers, Peabody, Salem and Beverly. Prime opportunity to improve home or potential for further development. Buyer to do all due diligence, sold as is.
Sale Statistics
Sale Overview
Original List Price:$449,999
Final Sale Price:$502,000
Difference:
+$52,001 (+11.6%)
Performance Metrics
111.6%
List to Sale Ratio
Sold above asking price
306
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft:$302
Sale $/sq ft:$337
This property sold for $337 per square foot
Sale Summary
This property sold for 11.6% above the original asking price, indicating strong buyer demand.
At 306 days on market, this property took longer than average to sell.
Facts & Features
Property Overview
Property Type
Single Family Residence
Property Category
Residential
Year Built
1925
Bedrooms
4
Full Bathrooms
2
Living Area
1,488 sq ft
Total Rooms
7
Interior Features
Flooring
Wood, Vinyl, Carpet
Heating
Forced Air, Natural Gas
Has Heating
Yes
Cooling
None
Has Cooling
No
Has Fireplace
No
Appliances
Range, Refrigerator
Exterior & Structure
Construction Materials
Frame
Architectural Style
Colonial, Other (See Remarks)
Roof
Shingle
Foundation
Stone
Exterior Features
Porch
Patio/Porch Features
Porch
Fencing
Fenced/Enclosed
Has Spa
No
Waterfront Property
No
Lot & Land
Lot Size
0.38 acres
Lot Size
16,599 sq ft
Lot Size Area
0.3800
Lot Features
Corner Lot, Wooded
Road Frontage Type
Public
Parking & Garage
Garage Spaces
2
Has Garage
Yes
Attached Garage
No
Has Carport
No
Total Non-Garage Parking Spaces
4
Parking Features
Detached, Storage, Garage Faces Side, Paved Drive, Off Street
Covered Parking Spaces
2
Utilities & Systems
Utilities Available
for Gas Range
Water Source
Public
Sewer
Public Sewer
Community & HOA
Community Features
Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Highway Access, Marina
HOA
No
Senior Community
No
Financial & Tax Information
Annual Tax Amount
$4,933
Tax Year
2023
Tax Assessed Value
$419,800
Parcel Number
M:059 L:149 P:,1881296
Zoning
R1
Additional Details
Year Built Source
Public Records
Year Built Details
Actual
Attached Property
No
Disclosures
Sellers have never lived in home. Multi family member trust selling, requires license to sell. Sellers request minimum 14 day response time, up to 30 days. Offers reviewed as submitted, seller reserves right to accept offer at any time.
