H
Seller's Agent in 2023
Herrick Lutts Realty Partners
Herrick Lutts Realty Partners
28 in this area
202 Total Sales
20 Water St Danvers, MA 01923
Estimated Value: $1,392,740
5
Beds
5
Baths
5,066
Sq Ft
$275/Sq Ft
Est. Value
Highlights
- Marina
- Corner Lot
- Shops
- Property is near public transit and schools
- Park
- Coin Laundry
About This Home
As of December 2023Sought after mix-use 6 unit investment property. This property features five residential units and 1 retail unit. The apartments consist of five (5) 1 bedroom units. The property has ample parking (10+) spots. Ideally located, find yourself just minutes from downtown Danvers, and routes 128 and 95.
Last Agent to Sell the Property
Herrick Lutts Realty Partners Listed on: 09/27/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,355
Year Built
- Built in 1905
Lot Details
- 9,700 Sq Ft Lot
- Corner Lot
Home Design
- Stone Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 5,066 Sq Ft Home
- Unfinished Basement
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Full Bathrooms
Parking
- 10 Car Parking Spaces
- Driveway
- Open Parking
- Off-Street Parking
Additional Features
- Property is near public transit and schools
- 200+ Amp Service
Listing and Financial Details
- Total Actual Rent $10,160
- Assessor Parcel Number M:059 L:131 P:,1881282
Community Details
Overview
- 6 Units
- Property has 1 Level
Amenities
- Shops
- Coin Laundry
Recreation
- Marina
- Park
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 27, 2023
Closed on
Dec 19, 2023
Sold by
Cobuzzi
Bought by
20 Water Llc
Seller's Agent
Herrick Lutts Realty Partners
Herrick Lutts Realty Partners
Buyer's Agent
Chris Blasczak
Real Broker MA, LLC
List Price
$1,400,000
Sold Price
$1,275,000
Premium/Discount to List
-$125,000
-8.93%
Views
87
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,740
Avg. Annual Appreciation
4.17%
Original Mortgage
$956,000
Outstanding Balance
$940,906
Interest Rate
7.76%
Mortgage Type
Commercial
Estimated Equity
$451,834
Purchase Details
Closed on
Jul 8, 2015
Sold by
Cobuzzi Rocco and Cobuzzi Maria
Bought by
Cobuzzi
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 20 Water Llc | $1,275,000 | None Available | |
| Cobuzzi | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 20 Water Llc | $956,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/19/2023 12/19/23 | Sold | $1,275,000 | +2.0% | $252 / Sq Ft |
| 10/27/2023 10/27/23 | Pending | -- | -- | -- |
| 10/25/2023 10/25/23 | Price Changed | $1,250,000 | -10.7% | $247 / Sq Ft |
| 09/27/2023 09/27/23 | For Sale | $1,400,000 | -- | $276 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
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 | -- | $1,163,700 | $322,800 | $840,900 |
| 2024 | -- | $841,800 | $304,900 | $536,900 |
| 2023 | $0 | $796,200 | $275,000 | $521,200 |
| 2022 | $0 | $697,000 | $239,100 | $457,900 |
| 2021 | $0 | $651,600 | $229,500 | $422,100 |
| 2020 | $0 | $703,400 | $239,100 | $464,300 |
| 2019 | $0 | $564,200 | $194,900 | $369,300 |
| 2018 | $0 | $543,300 | $194,900 | $348,400 |
| 2017 | $0 | $493,200 | $179,300 | $313,900 |
| 2016 | -- | $493,200 | $179,300 | $313,900 |
| 2015 | -- | $469,300 | $155,400 | $313,900 |
Source: Public Records
Agents Affiliated with this Home
-
Herrick Lutts Realty Partners
-
Nick Zolotas
Seller Co-Listing Agent in 2023
Nick Zolotas
Herrick Lutts Realty Partners
(978) 969-3427
10 in this area
35 Total Sales
-
Chris Blasczak
Buyer's Agent in 2023
Chris Blasczak
Real Broker MA, LLC
(978) 490-0906
21 in this area
79 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73163915
APN: DANV-000059-000000-000131
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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