400 Salem Rd, Dracut MA 01826

Dracut, MA 01826
$570,000
Est. $3,034/month
4
Beds
1.5
Baths
1,968
Sq Ft
$290
Price/Sq Ft
5.27
Acres
1958
Year Built
Single Family Residence
Type
45
Days on Market
Closed Listed Sep 27, 2025 • MLS# 73237593

About this home

Attention all builders and investors! This is a rare opportunity to acquire two parcels of land totaling 5.27 acres, offering endless potential for development and investment in a prime location.The front lot features an existing house awaiting renovation, presenting the perfect canvas for your vision. A 10-foot variance is needed to make it buildable, opening the door to countless possibilities for expansion or redevelopment. Beyond the existing structure lies vast acreage, providing ample space for additional construction or subdivision, subject to necessary approvals. Whether you're looking to create a residential community, this expansive land offers the flexibility to bring your ideas to life. Don't miss this rare chance to capitalize on the booming real estate market and secure your foothold in this desirable location.

Sale Statistics

Sale Overview
Original List Price: $699,900
Final Sale Price: $570,000
Difference: $129,900 (-18.6%)
Performance Metrics
81.4%
List to Sale Ratio
Sold below asking price
45
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $356
Sale $/sq ft: $290
This property sold for $290 per square foot
Sale Summary

This property sold for 18.6% below the original asking price.

The property spent 45 days on market before selling.

Facts & Features

Property Overview

Property Type
Single Family Residence
Property Category
Residential
Year Built
1958
Bedrooms
4
Full Bathrooms
1
Half Bathrooms
1
Living Area
1,968 sq ft
Total Rooms
7

Interior Features

Flooring
Carpet, Laminate, Hardwood
Heating
Baseboard, Oil
Has Heating
Yes
Cooling
None
Has Cooling
No
Has Fireplace
Yes
Number of Fireplaces
1
Appliances
Oven, Range, Refrigerator
Laundry Features
Washer Hookup
Basement Details
Bulkhead, Unfinished

Exterior & Structure

Architectural Style
Cape
Foundation
Concrete Perimeter
Exterior Features
Porch - Enclosed, Porch - Screened, Storage
Patio/Porch Features
Porch - Enclosed, Screened
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
5.27 acres
Lot Size
229,561 sq ft
Lot Size Area
5.2700
Lot Features
Wooded
Road Frontage Type
Public

Parking & Garage

Garage Spaces
2
Has Garage
Yes
Attached Garage
No
Has Carport
No
Total Non-Garage Parking Spaces
5
Parking Features
Detached, Off Street
Covered Parking Spaces
2

Utilities & Systems

Utilities Available
Washer Hookup
Water Source
Private
Sewer
Public Sewer

Community & HOA

HOA
No
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$5,098
Tax Year
2024
Tax Assessed Value
$487,800
Parcel Number
M:4 B:3 L:1,3506350
Zoning
R1

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
Attached Property
No
Disclosures
10 Ft variance needed between the 2 lots to make lot buildable.

Location

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Neighborhood

400 Salem Rd, Dracut MA 01826

Dracut, MA 01826

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 $425
Homeowners Insurance $200
PMI $0

Property History

Market Insights

5%
Price Range
47
Total Days on Market

Property Timeline

Sold
Aug 9, 2024
$570,000
Property sold
Days on Market: 47
🏠
Listed for Sale
May 14, 2024
$599,900
Original listing
Agent: The Decotis Group Office: Lyv Realty

Price & Status History

Date Event Price Change
May 14, 2024 New Listing Added $599,900

Market Statistics

Days on Market
45 days
Price per Sq Ft
$290

Tax History

Year Taxes Assessment
2024 $5,098 $487,800

Financial Details

Annual Property Tax
$5,098
Tax Year 2024
Assessed Value
$487,800

Listing Information

Listing Agent The Decotis Group
Listing Office Lyv Realty
Agent MLS ID TM329119
Office MLS ID AN5767

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