NOT LISTED FOR SALE

28 School St Danvers, MA 01923

Estimated Value: $686,000 - $815,000

7 Beds
3 Baths
2,465 Sq Ft
$303/Sq Ft Est. Value

Last Sold June 18, 2020

Last sale price $430,000 $174 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $4,686/month

13 Days on Market

About This Home

As of June 2020

** CASH/HARD MONEY/REHAB LOAN ONLY - Property does not qualify for traditional financing ** TOTAL REHAB! ** Vacant 2 unit property - great downtown location. Opportunity to convert into condos/townhouses or add units. Excellent opportunity in strong Danvers market. Seller makes no warranties or representations. Sold in as is where is condition. Seller & broker make no warranty or representation, express or implied, or arising by operation of law, including, but not limited to, any warranty of condition, habitability, merchantability or fitness for a particular purpose with respect to the property or any portion thereof.

Last Agent to Sell the Property

James Gattuso

Mayflower Realty Group Listed on: 05/13/2020

Last Buyer's Agent

Edgar Ferrer

eXp Realty

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,440

Year Built

  • Built in 1900

Lot Details

  • 3,920

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,440

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 1.00
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 178.46
  • Comp Based On: Net Sale Price
  • Year Built: 1900
  • Lead Paint: Unknown
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1900

Interior Features

  • Total Flrs: 1
  • No Bedrooms: 7
  • Total Brs: 7
  • Full Bathrooms: 3
  • Total Fbh: 3
  • No Rooms: 10
  • Main Lo: AC1470
  • Main So: AN6047
  • Estimated Sq Ft: 2465.00

Exterior Features

  • Foundation: Brick

Garage/Parking

  • Parking Spaces: 6

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water

Lot Info

  • Assessments: 416000.00
  • Acre: 0.09
  • Lot Size: 4048.00
  • Page: 370
  • Zoning: R1
  • Lot Description: Corner, Wooded

Multi Family

  • Total Levels: 1
  • Total Rms: 12
  • No Units: 2
  • Mf Type: 2 Family - 2 Units Up/Down

Tax Info

  • Taxes: 5524.00
  • Assessor Parcel Number: 1877758

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 10, 2019
Sold by
Anderson David L and Specialized Loan Svcg Llc
Bought by
Anderson David L and Anderson Lorre A
Current Estimated Value
$746,353

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,900
Interest Rate
3.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 11, 1986
Bought by
Anderson David L and Anderson Lorre A
Source: Public Records

Range of Values:

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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
Anderson David L $395,000 None Available
Anderson David L $395,000 None Available
Anderson David L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Anderson David L $468,900
Previous Owner Anderson David L $295,000
Previous Owner Anderson David L $200,000
Previous Owner Anderson David L $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2020 06/18/20 Sold $430,000 -2.3% $174 / Sq Ft
05/26/2020 05/26/20 Pending -- -- --
05/13/2020 05/13/20 For Sale $439,900 -- $178 / 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 $7,440 $677,000 $322,100 $354,900
2024 $7,136 $642,300 $311,000 $331,300
2023 $7,117 $605,700 $281,000 $324,700
2022 $5,748 $454,000 $255,500 $198,500
2021 $5,667 $424,500 $243,200 $181,300
2020 $5,659 $433,300 $243,200 $190,100
2019 $5,524 $416,000 $211,000 $205,000
2018 $5,283 $390,200 $211,000 $179,200
2017 $5,270 $371,400 $192,200 $179,200
2016 $4,915 $346,100 $183,300 $162,800
2015 $4,829 $323,900 $161,100 $162,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72655732

MLS Property Information Network (MLS PIN)

APN: DANV-000043-000000-000100