NOT LISTED FOR SALE

2 Lummus Ave Danvers, MA 01923

Estimated Value: $753,269 - $820,000

4 Beds
2 Baths
1,892 Sq Ft
$412/Sq Ft Est. Value

Last Sold May 23, 2018

Last sale price $551,500 $291 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $4,752/month

10 Days on Market

Highlights

  • Wood Flooring
  • Patio
  • Storage Shed
  • Fenced Yard
  • Tankless Water Heater

About This Home

As of May 2018

Beautifully UPDATED TWO FAMILY Home PERFECT for an INVESTOR or OWNER OCCUPANT with LEAD FREE CERTIFICATION and EXCELLENT MARKET RENTS located in the heart of Danvers! Features include STYLISH UPDATED KITCHENS with GRANITE COUNTERS, CUSTOM TILE and STAINLESS APPLIANCES, refinished HARDWOOD FLOORS and CUSTOM FINISHES throughout! NEWER ROOF, HEATING SYSTEMS and TANKLESS water heaters in each unit with NEST PROGRAMMABLE THERMOSTATS to keep utilities low. PRIVATE YARD with SEPARATE DRIVEWAY for each unit. Enjoy the maintenance free landscaping with sprinkler system and the Danvers RAIL TRAIL right off your back yard. Walk to shops, restaurants and more!! NOTHING TO DO BUT MOVE IN and START MAKING MONEY! *OPEN HOUSES Saturday 12:30p - 2:00p, Sunday 12:00p - 1:30p and Monday 6:30p - 7:30p.

Last Agent to Sell the Property

Janice Sullivan

LAER Realty Partners Listed on: 04/04/2018

LAER Realty Partners

Co-Listed By

Toni Bernardo

Century 21 North East

Last Buyer's Agent

Luciano Leone Team

RE/MAX 360

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,427

Year Built

  • Built in 1905

Lot Details

  • Year Round Access
  • Fenced Yard
  • Sprinkler System

Flooring

  • Wood Flooring

Outdoor Features

  • Patio
  • Storage Shed

Utilities

  • Tankless Water Heater
  • Natural Gas Water Heater

Additional Features

  • Basement

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,427

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 2.00
  • Year Built Description: Actual, Renovated Since
  • List Price Per Sq Ft: 263.74
  • Comp Based On: Net Sale Price
  • Year Built: 1905
  • Lead Paint: Certified Treated
  • Year Round: Yes
  • Levels: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1905

Interior Features

  • Flooring: Hardwood
  • Total Flrs: 3
  • No Bedrooms: 4
  • Total Brs: 4
  • Full Bathrooms: 2
  • Total Fbh: 2
  • No Rooms: 11
  • Basement: Y
  • Basement Features: Unfinished Basement
  • Main Lo: AN1199
  • Main So: C58300
  • Estimated Sq Ft: 1892.00

Exterior Features

  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Exterior Features: Patio, Storage Shed, Sprinkler System, Fenced Yard
  • Foundation: Fieldstone

Garage/Parking

  • Parking Feature: Off-Street, Assigned
  • Parking Spaces: 5

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water, Individual Meter
  • Electric Features: 100 Amps, Individually Metered
  • Heat Zones: 2
  • Hot Water: Natural Gas, Tankless
  • Utility Connections: for Gas Range, for Gas Oven

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Bike Path, Highway Access, House of Worship, Private School, Public School

Schools

  • Elementary School: Thorpe
  • Middle School: Holten-Richmond
  • High School: Danvers HS

Lot Info

  • Assessments: 374800.00
  • Acre: 0.09
  • Lot Size: 3746.00
  • Page: 269
  • Zoning: C1
  • Lot Description: Fenced/Enclosed, Level

Green Features

  • Energy Features: Prog. Thermostat

Multi Family

  • Heat Units: 2
  • Total Levels: 2
  • Total Rent: 3600
  • Total Rms: 11
  • No Units: 2
  • Mf Type: 2 Family - 2 Units Up/Down

Tax Info

  • Taxes: 5074.79
  • Assessor Parcel Number: 1877825

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 14, 2012
Sold by
Secatore Nicholas
Bought by
Secatore Nicholas
Current Estimated Value
$779,567

Purchase Details

Closed on
Oct 30, 2007
Sold by
Gates Emily
Bought by
Secatore Nicholas and Secatore Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,050
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 15, 2004
Sold by
Burgess Bonnie and Burgess Michael
Bought by
Gates Emily

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$314,400
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 23, 1990
Sold by
Pawlak Richard C
Bought by
Burgess Michael
Source: Public Records

Range of Values:

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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
Secatore Nicholas -- --
Secatore Nicholas $299,000 --
Gates Emily $393,000 --
Burgess Michael $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Burgess Michael $284,050
Previous Owner Burgess Michael $314,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2018 05/23/18 Sold $551,500 +10.5% $291 / Sq Ft
04/14/2018 04/14/18 Pending -- -- --
04/04/2018 04/04/18 For Sale $499,000 +33.1% $264 / Sq Ft
06/26/2015 06/26/15 Sold $375,000 -1.3% $198 / Sq Ft
05/27/2015 05/27/15 Pending -- -- --
05/06/2015 05/06/15 For Sale $380,000 -- $201 / 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 $7,427 $675,800 $320,900 $354,900
2024 $7,109 $639,900 $309,800 $330,100
2023 $6,923 $589,200 $279,900 $309,300
2022 $6,530 $515,800 $254,500 $261,300
2021 $6,403 $479,600 $242,300 $237,300
2020 $6,273 $480,300 $242,300 $238,000
2019 $5,250 $395,300 $210,200 $185,100
2018 $5,075 $374,800 $210,200 $164,600
2017 $4,930 $347,400 $191,400 $156,000
2016 $4,645 $327,100 $182,600 $144,500
2015 -- $304,900 $160,400 $144,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72303109

MLS Property Information Network (MLS PIN)

APN: DANV-000043-000000-000166