NOT LISTED FOR SALE

20 Central Ave Danvers, MA 01923

Estimated Value: $633,000 - $696,000

4 Beds
2 Baths
1,740 Sq Ft
$380/Sq Ft Est. Value

Last Sold April 28, 2025

Last sale price $685,000 $394 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $4,019/month

7 Days on Market

Highlights

  • Medical Services
  • Property is near public transit and schools
  • 1 Fireplace
  • Deck
  • Wood Flooring
  • Porch

About This Home

As of April 2025

Beautiful two-family home located just outside Danvers Square, offering a fantastic opportunity for owner-occupants or investors. This property features a cozy one-bedroom, one-bathroom unit on the first floor and a spacious three-bedroom, one-bathroom townhouse-style unit spanning the second and third floors. A detached garage adds valuable storage or parking options, enhancing the property’s appeal. Both units will be delivered vacant upon sale, providing immediate occupancy or rental potential. Situated in a desirable neighborhood close to shops, restaurants, and public transportation, this home perfectly combines charm and convenience.

Last Agent to Sell the Property

Herrick Lutts Realty Partners

Herrick Lutts Realty Partners Listed on: 01/07/2025

Co-Listed By

Nick Zolotas

Herrick Lutts Realty Partners

Last Buyer's Agent

Christine Norcross

William Raveis R.E. & Home Services

William Raveis R.E. & Home Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,376

Year Built

  • Built in 1920

Lot Details

  • 4,100

Parking

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

Home Design

  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,740 Sq Ft Home
  • Property has 1 Level
  • 1 Fireplace
  • Living Room
  • Washer and Electric Dryer Hookup

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Heating System Uses Oil
  • Baseboard Heating
  • 100 Amp Service

Additional Features

  • 4,100 Sq Ft Lot
  • Property is near public transit and schools

Listing and Financial Details

  • Total Actual Rent $1,900
  • Assessor Parcel Number M:043 L:228 P:,1877884

Community Details

Amenities

  • Medical Services
  • Shops

Recreation

  • Park
  • Bike Trail

Additional Features

  • 2 Units
  • Net Operating Income $21,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,376

Year Built

Built in 1920

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1920
  • Levels: 3
  • Year Built Details: Approximate
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Wood, Vinyl, Varies
  • Interior Amenities: Living Room, Kitchen
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Basement: Full, Interior Entry, Unfinished
  • Above Grade Finished Sq Ft: 1740
  • Living Area: 1740
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: AN6507
  • MAIN SO: M59500

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Deck, Deck - Wood
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage Spaces: 1
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Dryer, Washer Hookup
  • Heating: Baseboard, Natural Gas, Forced Air, Electric, Oil
  • Electric: 100 Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • Hot Water: Natural Gas, Tank

Condo/Co-op/Association

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

Lot Info

  • Parcel Number: M:043 L:228 P:,1877884
  • Zoning: R1
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.09
  • Lot Size Sq Ft: 4100
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 6376

Multi Family

  • Net Operating Income: 21600
  • Number Of Units Total: 2
  • Total Actual Rent: 1900
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEASE 2: N
  • LEASE 1: N

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2025
Closed on
Apr 28, 2025
Sold by
Pena Rachel A
Bought by
Kheal Tony
Seller's Agent
Herrick Lutts Realty Partners
Herrick Lutts Realty Partners
Buyer's Agent
Christine Norcross
William Raveis R.E. & Home Services
List Price
$659,900
Sold Price
$685,000
Premium/Discount to List
$25,100
3.8%
Views
70
Current Estimated Value
$661,990

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$23,010
Avg. Annual Appreciation
-4.90%
Original Mortgage
$672,592
Outstanding Balance
$668,999
Interest Rate
6.65%
Mortgage Type
FHA
Estimated Equity
-$7,009

Purchase Details

Closed on
Sep 2, 2010
Sold by
Ostrowski Raymond E
Bought by
Lagares Rachel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,213
Interest Rate
4.55%
Mortgage Type
Purchase Money Mortgage
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
Kheal Tony $685,000 None Available
Kheal Tony $685,000 None Available
Kheal Tony $685,000 None Available
Lagares Rachel $285,000 --
Lagares Rachel $285,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kheal Tony $672,592
Closed Kheal Tony $672,592
Previous Owner Lagares Rachel $281,213
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/28/2025 04/28/25 Sold $685,000 +3.8% $394 / Sq Ft
01/14/2025 01/14/25 Pending -- -- --
01/07/2025 01/07/25 For Sale $659,900 -- $379 / 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 $6,731 $612,500 $322,300 $290,200
2024 $6,428 $578,600 $311,200 $267,400
2023 $6,376 $542,600 $281,200 $261,400
2022 $6,054 $478,200 $255,600 $222,600
2021 $5,961 $446,500 $243,400 $203,100
2020 $6,170 $472,400 $243,400 $229,000
2019 $5,073 $382,000 $211,200 $170,800
2018 $4,995 $368,900 $211,200 $157,700
2017 $4,710 $331,900 $192,300 $139,600
2016 $4,587 $323,000 $183,400 $139,600
2015 $4,485 $300,800 $161,200 $139,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73323769

MLS Property Information Network (MLS PIN)

APN: DANV-000043-000000-000228