NOT LISTED FOR SALE

11 Riverside Ave Unit 7 Danvers, MA 01923

Estimated Value: $303,000 - $350,000

1 Bed
1 Bath
648 Sq Ft
$192/mo HOA Fee

Last Sold December 08, 2022

Last sale price $260,000 $401 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $2,129/month

1 Day on Market

Highlights

  • Marina
  • Property is near public transit
  • Solid Surface Countertops
  • Waterfront
  • Main Floor Primary Bedroom
  • Jogging Path

About This Home

As of December 2022

Wonderful opportunity to own your own spot in Danvers. Freshly Updated and clean 1 bedroom, 1bath, 2 off street deeded parking spots with a low condo fee. This building is professionally managed and the grounds are well kept. Located right off the center of town, walking distance to shops, restaurants, parks, mall, public transportation, etc. All major routes are within minutes from this location. Don't miss out on a great opportunity to buy.

Last Agent to Sell the Property

Tami Weir

Five Mark Realty Group LLC Listed on: 11/10/2022

Last Buyer's Agent

Carla MacLeod

Berkshire Hathaway HomeServices Verani Realty Salem

Berkshire Hathaway HomeServices Verani Realty Salem

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,385

Year Built

  • Built in 1970

Lot Details

  • Waterfront

HOA Fees

  • $192 Monthly HOA Fees

Home Design

  • Garden Home
  • Entry on the 1st floor

Interior Spaces

  • 648 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Picture Window
  • Intercom

Kitchen

  • Range
  • Microwave
  • Freezer
  • Solid Surface Countertops

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Parking

  • 2 Car Parking Spaces
  • Guest Parking
  • Off-Street Parking
  • Assigned Parking

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Riverside Elementary School
  • Holten Richmond Middle School
  • Danvers High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • 1 Heating Zone
  • Heating Available
  • 100 Amp Service
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number M:052 L:115 P:007,1879858

Community Details

Overview

  • Association fees include water, sewer, insurance, maintenance structure, road maintenance, ground maintenance, snow removal, trash, reserve funds
  • 87 Units
  • Bayside At Danversport Community

Amenities

  • Shops
  • Coin Laundry

Recreation

  • Marina
  • Park
  • Jogging Path
  • Bike Trail

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,385

Year Built

Built in 1970

Lot Details

0

HOA Fees

$192 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Garden
  • Year Built: 1970
  • Entry Level: 1
  • Year Built Details: Unknown/Mixed
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Vinyl, Carpet, Laminate
  • Fireplace YN: No
  • Appliances: Range,Microwave,Refrigerator,Freezer, Utility Connections for Electric Range
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Features: Ceiling Fan(s), Closet, Flooring - Wall to Wall Carpet, Window(s) - Picture
  • Room Master Bedroom Level: Main
  • Bathroom 1 Features: Bathroom - Full, Flooring - Stone/Ceramic Tile
  • Bathroom 1 Level: Basement
  • Room Kitchen Level: Main
  • Room Kitchen Features: Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Countertops - Upgraded
  • Room Living Room Level: Main
  • Room Living Room Features: Ceiling Fan(s), Closet, Flooring - Vinyl, Window(s) - Picture, Cable Hookup, High Speed Internet Hookup
  • Basement: N
  • Living Area: 648
  • Other Equipment: Intercom
  • Stories Total: 1
  • MAIN LO: AN6890
  • MAIN SO: G61700

Exterior Features

  • Waterfront Features: Beach Front, River, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street, Guest, Exclusive Parking
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range
  • Cooling: Wall Unit(s)
  • Heating: Electric
  • Cooling Y N: Yes
  • Electric: 100 Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 1

Condo/Co-op/Association

  • Association Amenities: Laundry
  • Association Fee: 192
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Laundromat, Bike Path, Highway Access, House of Worship, Marina, Private School, Public School
  • MANAGEMENT: Professional - Off Site
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash, Reserve Funds

Lot Info

  • Parcel Number: M:052 L:115 P:007,1879858
  • Zoning: R1
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2385

Multi Family

  • Number Of Units Total: 87
  • Basement Included Sq Ft: Yes

MLS Schools

  • High School: Danvers High
  • Elementary School: Riverside
  • Middle Or Junior School: Holten Richmond

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2022
Closed on
Dec 8, 2022
Sold by
Bono Joseph T
Bought by
Macorri Ardian and Macorri Albana
Seller's Agent
Tami Weir
Five Mark Realty Group LLC
Buyer's Agent
Carla MacLeod
Berkshire Hathaway HomeServices Verani Realty Salem
List Price
$265,000
Sold Price
$260,000
Premium/Discount to List
-$5,000
-1.89%
Views
20
Current Estimated Value
$322,072

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,072
Avg. Annual Appreciation
7.47%

Purchase Details

Closed on
Jan 24, 1994
Sold by
Meridian Mtg Corp
Bought by
11-7 Riverside Dr Rt

Purchase Details

Closed on
Jul 21, 1987
Sold by
Orchard Rt
Bought by
Lambley Mark T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,700
Interest Rate
10.69%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Macorri Ardian $260,000 None Available
11-7 Riverside Dr Rt $29,870 --
Lambley Mark T $85,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lambley Mark T $40,000
Previous Owner Lambley Mark T $68,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/08/2022 12/08/22 Sold $260,000 -1.9% $401 / Sq Ft
11/12/2022 11/12/22 Pending -- -- --
11/10/2022 11/10/22 For Sale $265,000 +35.9% $409 / Sq Ft
02/06/2020 02/06/20 Sold $195,000 +2.7% $301 / Sq Ft View Prior Sale
01/09/2020 01/09/20 Pending -- -- --
01/02/2020 01/02/20 For Sale $189,900 -- $293 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $2,894 $263,300 $0 $263,300
2024 $2,543 $228,900 $0 $228,900
2023 $2,392 $203,600 $0 $203,600
2022 $2,385 $188,400 $0 $188,400
2021 $2,358 $176,600 $0 $176,600
2020 $2,198 $168,300 $0 $168,300
2019 $2,096 $157,800 $0 $157,800
2018 $1,875 $138,500 $0 $138,500
2017 $1,774 $125,000 $0 $125,000
2016 $1,684 $118,600 $0 $118,600
2015 $1,898 $127,300 $0 $127,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73057277

MLS Property Information Network (MLS PIN)

APN: DANV-000052-000000-000115-000007-000007