Seller's Agent in 2024
The Decotis Group
Lyv Realty
(978) 210-3030
3 in this area
63 Total Sales
400 Salem Rd Dracut, MA 01826
Estimated Value: $575,000 - $650,000
4
Beds
1.5
Baths
1,968
Sq Ft
$318/Sq Ft
Est. Value
Highlights
- 5.27 Acre Lot
- Wooded Lot
- 1 Fireplace
- Cape Cod Architecture
- Wood Flooring
- No HOA
About This Home
As of August 2024Attention all builders and investors! This is a rare opportunity to acquire two parcels of land totaling 5.27 acres, offering endless potential for development and investment in a prime location.The front lot features an existing house awaiting renovation, presenting the perfect canvas for your vision. A 10-foot variance is needed to make it buildable, opening the door to countless possibilities for expansion or redevelopment. Beyond the existing structure lies vast acreage, providing ample space for additional construction or subdivision, subject to necessary approvals. Whether you're looking to create a residential community, this expansive land offers the flexibility to bring your ideas to life. Don't miss this rare chance to capitalize on the booming real estate market and secure your foothold in this desirable location.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,098
Year Built
- Built in 1958
Lot Details
- 5.27 Acre Lot
- Wooded Lot
- Property is zoned R1
Parking
- 2 Car Detached Garage
- Off-Street Parking
Home Design
- Cape Cod Architecture
- Concrete Perimeter Foundation
Interior Spaces
- 1,968 Sq Ft Home
- 1 Fireplace
- Screened Porch
- Washer Hookup
- Unfinished Basement
Kitchen
- Oven
- Range
Flooring
- Wood
- Carpet
- Laminate
Bedrooms and Bathrooms
- 4 Bedrooms
Outdoor Features
- Bulkhead
- Outdoor Storage
Utilities
- No Cooling
- Heating System Uses Oil
- Baseboard Heating
- Private Water Source
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number M:4 B:3 L:1,3506350
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/09/2024 08/09/24 | Sold | $570,000 | -5.0% | $290 / Sq Ft |
| 06/13/2024 06/13/24 | Pending | -- | -- | -- |
| 05/28/2024 05/28/24 | Price Changed | $599,900 | -14.3% | $305 / Sq Ft |
| 05/14/2024 05/14/24 | For Sale | $699,900 | -- | $356 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $5,312 | $524,900 | $241,000 | $283,900 |
| 2024 | $5,098 | $487,800 | $229,700 | $258,100 |
| 2023 | $4,922 | $425,000 | $199,800 | $225,200 |
| 2022 | $4,831 | $393,100 | $182,400 | $210,700 |
| 2021 | $11,511 | $403,400 | $166,300 | $237,100 |
| 2020 | $5,173 | $387,500 | $161,500 | $226,000 |
| 2019 | $5,397 | $392,500 | $154,100 | $238,400 |
| 2018 | $85 | $348,600 | $154,100 | $194,500 |
| 2017 | $4,646 | $348,600 | $154,100 | $194,500 |
| 2016 | $4,626 | $311,700 | $148,400 | $163,300 |
| 2015 | $4,531 | $303,500 | $148,400 | $155,100 |
| 2014 | $4,302 | $296,900 | $148,400 | $148,500 |
Source: Public Records
Agents Affiliated with this Home
-
The Decotis Group
-
Penelope Valdez Mejia
Buyer's Agent in 2024
Penelope Valdez Mejia
Keller Williams Realty
(978) 873-2554
7 in this area
150 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73237593
APN: DRAC-000004-000003-000001
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