NOT LISTED FOR SALE

16 Franklin St Danvers, MA 01923

Estimated Value: $591,000 - $699,000

3 Beds
1 Bath
1,493 Sq Ft
$423/Sq Ft Est. Value

Last Sold August 25, 2017

Last sale price $353,000 $236 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $3,811/month

22 Days on Market

About This Home

As of August 2017

Danvers Opportunity!! Formally the School St Variety, this 3 bedroom ranch offers the unique opportunity to convert the former store space into whatever is most useful: garage space, family room, hone office. Solid home with 4 year old gas furnace, newer roof, shinning hardwood, brand new carpet. Super convenient location, just off Danvers Square, close to highway access and walking distance to shops, schools, parks, rail trail and so much more..

Last Agent to Sell the Property

Sheri Trocchi

J. Barrett & Company Listed on: 06/12/2017

Last Buyer's Agent

Kerri O'Neill

Seaside Realty

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,790

Year Built

1960

Lot Details

0

Listing Details

  • Lot Description: Corner, Paved Drive
  • Property Type: Single Family
  • Single Family Type: Detached
  • Style: Ranch
  • Other Agent: 1.00
  • Lead Paint: Unknown
  • Year Round: Yes
  • Year Built Description: Actual
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1960

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 7
  • Amenities: Tennis Court, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School
  • Electric: 110 Volts
  • Flooring: Wood, Wall to Wall Carpet, Hardwood
  • Insulation: Full
  • Basement: Full, Unfinished Basement
  • Bedroom 2: First Floor
  • Bedroom 3: First Floor
  • Kitchen: First Floor
  • Living Room: First Floor
  • Master Bedroom: First Floor
  • Master Bedroom Description: Flooring - Wall to Wall Carpet
  • No Bedrooms: 3
  • Full Bathrooms: 1
  • Oth1 Room Name: Den
  • Oth1 Dscrp: Flooring - Wall to Wall Carpet
  • Main Lo: C95243
  • Main So: C72900
  • Estimated Sq Ft: 1493.00

Exterior Features

  • Construction: Frame
  • Exterior: Vinyl
  • Foundation: Poured Concrete

Garage/Parking

  • Parking: Off-Street
  • Parking Spaces: 2

Utilities

  • Heat Zones: 1
  • Hot Water: Natural Gas
  • Utility Connections: for Electric Range, for Electric Oven
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Lot Info

  • Zoning: R1
  • Acre: 0.14
  • Lot Size: 6142.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2017
Closed on
Aug 25, 2017
Sold by
Nguyen Tuong L and Pan Ju J
Bought by
Mclean Peter
Seller's Agent
Sheri Trocchi
J. Barrett & Company
Buyer's Agent
Kerri O'Neill
Seaside Realty
List Price
$339,000
Sold Price
$353,000
Premium/Discount to List
$14,000
4.13%
Current Estimated Value
$632,176

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$279,176
Avg. Annual Appreciation
7.29%
Original Mortgage
$346,606
Outstanding Balance
$294,859
Interest Rate
4.62%
Mortgage Type
FHA
Estimated Equity
$337,317

Purchase Details

Closed on
Jun 13, 2008
Sold by
Pan Ju Jin and Nguyen Tuong Lan
Bought by
Nguyen Tuong Lan
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mclean Peter $353,000 --
Nguyen Tuong Lan -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mclean Peter $346,606
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/25/2017 08/25/17 Sold $353,000 +4.1% $236 / Sq Ft
07/04/2017 07/04/17 Pending -- -- --
06/12/2017 06/12/17 For Sale $339,000 -- $227 / 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 $5,790 $526,800 $331,200 $195,600
2024 $5,685 $511,700 $319,800 $191,900
2023 $5,538 $471,300 $289,000 $182,300
2022 $5,402 $426,700 $262,700 $164,000
2021 $5,142 $385,200 $250,100 $135,100
2020 $4,914 $376,300 $250,100 $126,200
2019 $4,558 $343,200 $217,000 $126,200
2018 $4,448 $328,500 $217,000 $111,500
2017 $4,361 $307,300 $197,600 $109,700
2016 $4,146 $292,000 $188,500 $103,500
2015 $3,866 $259,300 $165,600 $93,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72180851

MLS Property Information Network (MLS PIN)

APN: DANV-000043-000000-000103