NOT LISTED FOR SALE

1 Industrial Dr Danvers, MA 01923

Estimated Value: $9,722,171

Studio
-- Bath
14,000 Sq Ft
$694/Sq Ft Est. Value

About This Home

This home is located at 1 Industrial Dr, Danvers, MA 01923 and is currently estimated at $9,722,171, approximately $694 per square foot. 1 Industrial Dr is a home located in Essex County with nearby schools including Danvers High School, St. Mary of the Annunciation School, and Plumfield Academy.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 25, 2021
Sold by
1 Industrial Drive Llc
Bought by
Rhino 1 Industrial Invest
Current Estimated Value
$9,722,171

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,390,000
Outstanding Balance
$3,935,324
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$5,861,187

Purchase Details

Closed on
Jul 11, 2007
Sold by
B&B Danvers Assoc Lp and Galligan John D
Bought by
1 Industrial Dr Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,616,000
Interest Rate
6.48%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Rhino 1 Industrial Invest $5,800,000 None Available
1 Industrial Dr Llc $2,950,000 --
B&B Danvers Assoc Lp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rhino 1 Industrial Invest $4,390,000
Previous Owner B&B Danvers Assoc Lp $2,616,000
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $69,202 $3,682,900 $1,032,400 $2,650,500
2024 $66,119 $3,554,800 $987,500 $2,567,300
2023 $64,747 $3,240,600 $897,800 $2,342,800
2022 $61,285 $2,983,700 $785,500 $2,198,200
2021 $58,297 $2,726,700 $740,700 $1,986,000
2020 $56,634 $2,726,700 $740,700 $1,986,000
2019 $57,177 $2,698,300 $740,700 $1,957,600
2018 $55,713 $2,634,200 $740,700 $1,893,500
2017 $56,033 $2,566,800 $673,300 $1,893,500
2016 $54,853 $2,566,800 $673,300 $1,893,500
2015 $54,739 $2,555,500 $628,400 $1,927,100
Source: Public Records

Map

Massachusetts Essex County Danvers 01923

1 Industrial Dr, Danvers, MA

Not Listed for Sale

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