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98 Choate St, Essex MA 01929

Essex, MA 01929
$875,000
Est. $4,657/month
3
Beds
1.5
Baths
1,656
Sq Ft
$528
Price/Sq Ft
5.66
Acres
1964
Year Built
Single Family Residence
Type
12
Days on Market
Closed Listed Sep 29, 2025 • MLS# 73284352

About this home

Situated on 5.6 acres of pristine natural beauty, this property is an incredible opportunity for a homeowner looking to create a dream home or a contractor eager for a unique project. Featuring a river running along its eastern boundary, the landscape is truly extraordinary and includes an open, flat lawn as well as a wooded area that provides privacy, shade, and a natural haven for deer, river otters, and native and migratory birds. Ideally positioned, the 1,600+ sq. ft. home offers three bedrooms, 1.5 bathrooms, and an oversized garage/barn. The property is located on Choate Street, often regarded as one of the most beautiful country roads in Cape Ann, and is just a short distance from the charming downtowns of Essex, Hamilton, and Ipswich, with easy access to the train and shopping. The estate is being sold as-is, with the possibility of the owners clearing all personal belongings for the right offer. Don’t miss this once-in-a-lifetime opportunity!

Sale Statistics

Sale Overview
Original List Price: $725,000
Final Sale Price: $875,000
Difference: +$150,000 (+20.7%)
Performance Metrics
120.7%
List to Sale Ratio
Sold above asking price
12
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $438
Sale $/sq ft: $528
This property sold for $528 per square foot
Sale Summary

This property sold for 20.7% above the original asking price, indicating strong buyer demand.

With only 12 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
1964
Bedrooms
3
Full Bathrooms
1
Half Bathrooms
1
Living Area
1,656 sq ft
Total Rooms
6

Interior Features

Heating
Baseboard, Oil, Wood Stove, Other
Has Heating
Yes
Cooling
None
Has Cooling
No
Has Fireplace
Yes
Number of Fireplaces
2
Appliances
Water Heater
Basement Details
Full

Exterior & Structure

Architectural Style
Ranch
Foundation
Other
Has Spa
No
Waterfront Features
Waterfront, River, Ocean, Beach Ownership(Public)
Waterfront Property
Yes

Lot & Land

Lot Size
5.66 acres
Lot Size
246,550 sq ft
Lot Size Area
5.6600
Lot Features
Farm, Level
Frontage Length
292 ft
Road Surface Type
Paved

Parking & Garage

Garage Spaces
2
Has Garage
Yes
Attached Garage
Yes
Has Carport
No
Total Non-Garage Parking Spaces
10
Parking Features
Attached, Off Street
Covered Parking Spaces
2

Utilities & Systems

Water Source
Private
Sewer
Private Sewer

Community & HOA

Community Features
Shopping, Tennis Court(s), Park, Walk/Jog Trails, Stable(s), Golf, Bike Path, Conservation Area, House of Worship, Marina, Private School, Public School
HOA
No
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$9,693
Tax Year
2024
Tax Assessed Value
$727,700
Parcel Number
M:116 L:3,1886618
Zoning
RS2

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
Attached Property
No
Disclosures
property being sold as is & subject to a license to sell /many personal items left in home as it is being sold as an estate for the right offer the seller may agree to clear home out/heat was disconnected at some point & unknown if it functions (all mechanics are in place just unknown of condition)
Listing Terms
Estate Sale

Location

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Neighborhood

98 Choate St, Essex MA 01929

Essex, MA 01929

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 $808
Homeowners Insurance $200
PMI $0

Property History

Market Insights

37%
Price Range
13
Total Days on Market
1
Previous Sales

Property Timeline

Previous Transaction - MLS #73326002
Full transaction history available when tracking began
🏷️
Previously Sold
Aug 22, 2025
$1,150,000
MLS #73326002
View Listing →
✓
Sold
Sep 30, 2024
$875,000
Property sold
Days on Market: 13
🏠
Listed for Sale
Sep 3, 2024
$725,000
Original listing
Agent: Jeremy McElwain Office: Keller Williams Realty Evolution

Price & Status History

Date Event Price Change
Aug 22, 2025 Sold $1,150,000 —
Sep 3, 2024 New Listing Added $725,000 —

Market Statistics

Days on Market
12 days
Price per Sq Ft
$528

Tax History

Year Taxes Assessment
2024 $9,693 $727,700

Financial Details

Annual Property Tax
$9,693
Tax Year 2024
Assessed Value
$727,700

Listing Information

Listing Agent Jeremy McElwain
Listing Office Keller Williams Realty Evolution
Agent MLS ID BB802522
Office MLS ID C95098

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