NOT LISTED FOR SALE

18 Hillcrest Rd Danvers, MA 01923

Estimated Value: $900,000 - $1,103,000

7 Beds
4 Baths
4,176 Sq Ft
$239/Sq Ft Est. Value

Last Sold December 29, 2021

Last sale price $800,000 $192 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $6,031/month

15 Days on Market

About This Home

As of December 2021

Exceptional one-of-a-kind property in a desirable neighborhood. This property consists of the main house built in 2001(3,142 sq.ft.) and in-law/rental property built in the early 1900's (1034 sq.ft.).The farmers porch welcomes you to the main house which offers a modernized open floor plan, step down grand living room w/HW floors, 2 sided gas fireplace & built in wet bar. White kit. w/plenty of cabinets, granite counters, gas cooking, SS appliances, recessed lights, HW floors & pantry. Dining room w/double sided FP. & sliding door to exterior. Relax in the warm & inviting sun room w/ built in bench, skylights & ceiling fan. 2nd level offers a laundry room & 5 generous bedrooms, one w/walk-up attic access & another boasts a walk-in cedar lined closet. King size MB w/huge walk-in closet. In-law or rental unit is a fixer-upper but offers a liv. rm., kit, dining rm. & 2 beds, enclosed porch & sep. front & back entrances. Private backyard w/composite deck, custom patio and firepit.

Last Agent to Sell the Property

Joyce Cucchiara

Coldwell Banker Realty - Lynnfield Listed on: 10/20/2021

Coldwell Banker Realty - Lynnfield

Last Buyer's Agent

Herrick Lutts Realty Partners

Herrick Lutts Realty Partners

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,683

Year Built

  • 1900

Lot Details

  • 9,583

Parking

  • 2

Additional Features

  • Property has 2 Levels
  • 5 Heating Zones

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,683

Year Built

1900

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • Directions: Rt 62 (Maple ST)- Cardinal-Hillcrest
  • Garage Yn: Yes
  • Road Frontage Type: Public, Dead End
  • Road Surface Type: Paved
  • Year Built Details: Approximate
  • Special Features: None
  • Year Built: 1900

Interior Features

  • Appliances: Unit 1(Range,Dishwasher,Disposal,Microwave,Refrigerator,Washer,Dryer), Unit 2(Range,Microwave,Refrigerator), Electric Water Heater,Tank Water Heater,Tankless Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Range, Utility Connections for Electric Oven, Utility Connections for Gas Dryer
  • Has Basement: Partial, Sump Pump, Unfinished
  • Fireplace Features: Unit 1(Fireplace - Natural Gas)
  • MAIN LO: AN6181
  • MAIN SO: AN6507
  • Full Bathrooms: 4
  • Total Bedrooms: 7
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Tile,Carpet,Hardwood, Unit 1(undefined), Unit 2(Hardwood Floors)
  • Interior Amenities: Unit 1(Ceiling Fans,Pantry,Storage,Cedar Closet,Stone/Granite/Solid Counters,Upgraded Cabinets,Upgraded Countertops,Walk-In Closet,Bathroom with Shower Stall,Bathroom With Tub & Shower,Open Floor Plan,Slider), Unit 2(Bathroom With Tub & Shower), Unit 1 Rooms(Living Room,Dining Room,Kitchen,Sunroom), Unit 2 Rooms(Living Room,Dining Room,Kitchen)
  • Stories: 3

Exterior Features

  • Roof: Shingle
  • Exterior Features: Storage, Sprinkler System, Unit 1 Balcony/Deck
  • Foundation Details: Stone
  • Property Condition: Unit 1 Remodeled
  • Construction Type: Frame
  • Disclosures: Property To Be Sold In "as Is" Condition. Main House Built In 2001. Propane For Fireplace, Stove And Dryer. 4 Heat Zones Unit 1. 1 Heat Zones Unit 2. See Attached Floor Plan. Close To Beverly Depot For Commute.
  • Home Warranty: No
  • Lot Features: Cleared, Gentle Sloping, Level
  • Patio And Porch Features: Porch, Deck - Composite, Patio
  • Waterfront: No

Garage/Parking

  • Parking Features: Off Street
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Total Parking Spaces: 5

Utilities

  • Heating: Unit 1(Hot Water Baseboard,Oil,Individual), Unit 2(Hot Water Radiators,Oil,Unit Control)
  • HEAT UNITS: 2
  • HEAT ZONES: 5
  • COOLING ZONES: 0
  • Electric: Circuit Breakers, 100 Amp Service, Individually Metered, Knob & Tube Wiring
  • Heating Yn: Yes
  • Laundry Features: Washer Hookup, Unit 1 Laundry Room
  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Range, for Electric Oven, for Gas Dryer, Washer Hookup
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Medical Facility, Highway Access, House of Worship, Private School, Public School
  • Senior Community: No

Fee Information

  • Annual Water Sewer Expense: 2000

Schools

  • Middle Or Junior School: Holten Richmond

Lot Info

  • LOT SIZE: 9540
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 9583.2
  • Zoning: R2

Multi Family

  • LEVELS 1: 2
  • LEASE 2: N
  • LEASE 1: N
  • Electric Expense: 3100
  • Number Of Units Total: 2
  • Annual Operating Expense: 9015

Tax Info

  • Tax Annual Amount: 8780.3
  • Tax Book Number: 16442
  • Tax Lot: 22
  • Tax Map Number: 53
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2021
Closed on
Dec 29, 2021
Sold by
Wagoner Teresa J
Bought by
Lafata Colton P
Seller's Agent
Joyce Cucchiara
Coldwell Banker Realty - Lynnfield
Buyer's Agent
Herrick Lutts Realty Partners
Herrick Lutts Realty Partners
List Price
$899,900
Sold Price
$800,000
Premium/Discount to List
-$99,900
-11.1%
Current Estimated Value
$996,063

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$196,063
Avg. Annual Appreciation
5.78%
Original Mortgage
$712,000
Outstanding Balance
$656,197
Interest Rate
3.11%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$339,866
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
Lafata Colton P $800,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lafata Colton P $712,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/29/2021 12/29/21 Sold $800,000 -11.1% $192 / Sq Ft
11/05/2021 11/05/21 Pending -- -- --
10/20/2021 10/20/21 For Sale $899,900 -- $215 / 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 $9,683 $881,100 $340,000 $541,100
2024 $9,358 $842,300 $340,000 $502,300
2023 $9,372 $797,600 $309,000 $488,600
2022 $9,009 $711,600 $280,400 $431,200
2021 $8,780 $657,700 $265,600 $392,100
2020 $8,574 $656,500 $262,500 $394,000
2019 $8,441 $635,600 $238,600 $397,000
2018 $7,974 $588,900 $236,200 $352,700
2017 $7,674 $540,800 $206,400 $334,400
2016 $7,197 $506,800 $196,800 $310,000
2015 $7,291 $489,000 $179,000 $310,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72910775

MLS Property Information Network (MLS PIN)

APN: DANV-000053-000000-000202