NOT LISTED FOR SALE

15 Cottage Ave Danvers, MA 01923

Estimated Value: $667,000 - $701,000

4 Beds
2 Baths
1,992 Sq Ft
$346/Sq Ft Est. Value

Last Sold August 01, 2024

Last sale price $650,000 $326 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,179/month

9 Days on Market

Highlights

  • 3 Fireplaces
  • Porch
  • 4 Car Garage

About This Home

As of August 2024

Attention investors, developers and general contractors! Amazing opportunity to own and restore an income producing 2 family property in the heart of downtown Danvers. Property is in close proximity to schools, shops and highways. This is a 4 bedroom / 2 bathroom, 2 family with a driveway & 4 car garage that has electrical, plumbing, and heat. House is fit with 3 working fireplaces and a farmers porch. Property is vacant and is being sold as-is. Buyer and buyers agent to do their own due diligence regarding renovations.

Last Agent to Sell the Property

Realty Boston Team

Century 21 Cityside Listed on: 06/17/2024

Century 21 Cityside

Last Buyer's Agent

Anne Garcia

Redfin Corp.

Redfin Corp.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,848

Year Built

  • Built in 1920

Lot Details

  • 4,652

Parking

  • 4 Car Garage
  • Driveway
  • Open Parking
  • Off-Street Parking

Home Design

  • Concrete Perimeter Foundation

Interior Spaces

  • 1,992 Sq Ft Home
  • Property has 1 Level
  • 3 Fireplaces
  • Unfinished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Porch
  • 4,652 Sq Ft Lot

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 1877873

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,848

Year Built

Built in 1920

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1920
  • Buyer Agency Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Fireplace YN: Yes
  • Fireplaces: 3
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Unfinished
  • Living Area: 1992
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: BB6400
  • MAIN SO: NB3534

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Home Warranty YN: No
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage Spaces: 4
  • Covered Parking Spaces: 4
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 8

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Senior Community YN: No

Lot Info

  • Parcel Number: 1877873
  • Zoning: RES
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.11
  • Lot Size Sq Ft: 4652
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 6848

Multi Family

  • Number Of Units Total: 2
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEASE 2: N
  • LEASE 1: N

Range of Values:

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Value Increase
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Percent Increase
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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

Property History

Date Event Price List to Sale Price per Sq Ft
08/01/2024 08/01/24 Sold $650,000 +8.5% $326 / Sq Ft
06/28/2024 06/28/24 Pending -- -- --
06/18/2024 06/18/24 For Sale $599,000 -- $301 / 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 $6,936 $631,100 $324,700 $306,400
2024 $6,848 $616,400 $313,500 $302,900
2023 $6,827 $581,000 $283,300 $297,700
2022 $6,477 $511,600 $257,500 $254,100
2021 $6,375 $477,500 $245,200 $232,300
2020 $6,616 $506,600 $245,200 $261,400
2019 $5,493 $413,600 $212,800 $200,800
2018 $5,396 $398,500 $212,800 $185,700
2017 $5,094 $359,000 $193,700 $165,300
2016 $4,971 $350,100 $184,800 $165,300
2015 $4,887 $327,800 $162,400 $165,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73253523

MLS Property Information Network (MLS PIN)

APN: DANV-000043-000000-000217