Seller's Agent in 2022
Susan Schale
Keller Williams Realty Evolution
(978) 836-6042
2 in this area
20 Total Sales
127 Sylvan St Danvers, MA 01923
6
Beds
6
Baths
3,845
Sq Ft
0.36
Acres
Highlights
- Medical Services
- Wood Flooring
- Jogging Path
- Property is near public transit and schools
- Tennis Courts
- Park
About This Home
As of March 2022Group Showings 4-6pm TODAY (Thurs. 2/17) 10am-12 and Fri. 2/18. No appointment needed. Please submit offers by 5pm Tuesday 2/22. Sellers reserve the right to accept prior. Nothing to do but purchase and enjoy the benefits of passive income with great long term tenants, 5 are at will and 1 has a lease until April 30, 2022 (Unit #3). Plans for expansion and potential condo conversion are available at Danvers town hall. Each unit has separate utilities. Improvements include: New electric service, 4 new Navien combo heat and hot water units, the other 2 are approximately 9 years young, Roof replaced in 2015 with Azek trim, new granite steps at entry, and windows have all been replaced, third floor most recently. Other benefits include a laundry room with coin op washer and dryer, Large yard with plenty of parking. Proximity to all that Danvers has to offer is fantastic.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,309
Year Built
- Built in 1865 | Remodeled
Lot Details
- 0.36 Acre Lot
- Level Lot
- Garden
Home Design
- 3,845 Sq Ft Home
- Brick Exterior Construction
- Stone Foundation
- Shingle Roof
Kitchen
- Microwave
- Dishwasher
Flooring
- Wood
- Wall to Wall Carpet
- Laminate
- Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Full Bathrooms
Laundry
- Dryer
- Washer
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
- Block Basement Construction
Parking
- 12 Car Parking Spaces
- Driveway
- Open Parking
- Off-Street Parking
Outdoor Features
- Outdoor Storage
- Rain Gutters
Location
- Property is near public transit and schools
Schools
- Danvers High School
Utilities
- 6 Heating Zones
- Heating System Uses Natural Gas
- Natural Gas Connected
- Gas Water Heater
Listing and Financial Details
- Total Actual Rent $7,425
- Rent includes unit 1(water), unit 2(water), unit 3(water), unit 4(water)
- Assessor Parcel Number M:062 L:025 P:,1881629
Community Details
Overview
- 6 Units
- Near Conservation Area
- Property has 1 Level
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Tennis Courts
- Park
- Jogging Path
- Bike Trail
Building Details
- Electric Expense $730
- Insurance Expense $3,900
- Water Sewer Expense $3,900
- Operating Expense $23,305
- Net Operating Income $65,795
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/21/2022 03/21/22 | Sold | $1,500,000 | -6.3% | $390 / Sq Ft | |
| 02/19/2022 02/19/22 | Pending | -- | -- | -- | |
| 02/17/2022 02/17/22 | For Sale | $1,600,000 | +133.2% | $416 / Sq Ft | |
| 06/30/2015 06/30/15 | Sold | $686,000 | -1.9% | $178 / Sq Ft | View Prior Sale |
| 05/31/2015 05/31/15 | Pending | -- | -- | -- | |
| 05/04/2015 05/04/15 | For Sale | $699,000 | -- | $182 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $16,294 | $1,482,600 | $326,500 | $1,156,100 |
| 2024 | $15,984 | $1,438,700 | $308,500 | $1,130,200 |
| 2023 | $15,468 | $1,316,400 | $278,300 | $1,038,100 |
| 2022 | $10,309 | $814,300 | $242,300 | $572,000 |
| 2021 | $10,278 | $769,900 | $232,700 | $537,200 |
| 2020 | $11,562 | $885,300 | $242,300 | $643,000 |
| 2019 | $11,167 | $840,900 | $197,900 | $643,000 |
| 2018 | $10,984 | $811,200 | $197,900 | $613,300 |
| 2017 | $9,984 | $703,600 | $182,300 | $521,300 |
| 2016 | $9,811 | $690,900 | $182,300 | $508,600 |
| 2015 | -- | $641,500 | $158,300 | $483,200 |
Source: Public Records
Agents Affiliated with this Home
-
Susan Schale
-
Francesca Little
Buyer's Agent in 2022
Francesca Little
Little & Co., REALTORS®
(978) 745-4447
2 in this area
31 Total Sales
-
Pamela Spiros
Seller's Agent in 2015
Pamela Spiros
Coldwell Banker Realty - Beverly
(978) 808-6022
75 in this area
102 Total Sales
-
F
Buyer's Agent in 2015
Francine Cecieta
Keller Williams Realty Evolution
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72943804
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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