$485,000
SOLD FEB 28, 2017

48 Riverside St Danvers, MA 01923

5 Beds
3 Baths
2,745 Sq Ft
9,583 Sq Ft Lot

Recently Sold

$177 Per Sq Ft

8% Below List Price

121 Days on Market

About This Home

As of July 2018

Rarely offered side-by-side Multi Family situated along the banks of the Danvers River with direct waterfront access and spectacular panoramic water views. Both units have sliders leading to individual, private decks, each overlooking a active, scenic riverfront. The Colonial side of the home includes two floors of living space with 3 bedrooms and 1 full bath while the single level Ranch side features 2 bedrooms and 2 full baths. Both units offer flexibility to accommodate a variety of living situations. Convenient access to area amenities and commuter routes.

Last Agent to Sell the Property

Pamela Spiros

Coldwell Banker Realty - Beverly Listed on: 09/26/2016

Coldwell Banker Realty - Beverly

Last Buyer's Agent

Herrick Lutts Realty Partners

Herrick Lutts Realty Partners

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,359

Year Built

1928

Lot Details

0

Listing Details

  • Lot Description: Paved Drive
  • Property Type: Multi-family
  • Other Agent: 1.00
  • Lead Paint: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1928

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 9
  • Amenities: Shopping, Highway Access, House of Worship, Public School
  • Electric: Circuit Breakers
  • Flooring: Wood, Wall to Wall Carpet
  • Basement: Full, Partially Finished, Interior Access, Concrete Floor
  • Total Levels: 3

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Waterfront Property: Yes
  • Exterior Features: Deck - Wood, Fenced Yard
  • Foundation: Poured Concrete
  • Waterfront: River
  • Waterview Flag: Yes

Garage/Parking

  • Parking: Off-Street, Tandem
  • Parking Spaces: 2

Utilities

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

Condo/Co-op/Association

  • Total Units: 2

Schools

  • Elementary School: Riverside
  • Middle School: Holten Richmond
  • High School: Danvers High

Lot Info

  • Assessor Parcel Number: M:065 L:014 P:
  • Zoning: R1

Multi Family

  • Total Bedrooms: 5
  • Total Floors: 3
  • Total Full Baths: 3
  • Total Levels: 2
  • Total Rms: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2017
Closed on
Jul 2, 2018
Sold by
Bgc Llc
Bought by
Osterberg Richard K and Osterberg Shayne
Seller's Agent
Herrick Lutts Realty Partners
Herrick Lutts Realty Partners
Buyer's Agent
Sarah MacBurnie Liporto
Keller Williams Realty Evolution
List Price
$465,000
Sold Price
$435,000
Premium/Discount to List
-$30,000
-6.45%
Current Estimated Value
$548,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,000
Original Mortgage
$225,000
Outstanding Balance
$195,830
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 6, 2016
Sold by
Cashman Raymond J
Bought by
Cashman Raymond J and Cashman Jean M

Purchase Details

Closed on
Jul 13, 2007
Sold by
Cashman Margaret M and Cashman Raymond
Bought by
Cashman Margaret M
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 Type Sale Price Title Company
Deed $435,000 --
Quit Claim Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $225,000 New Conventional
Previous Owner $485,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2018 07/02/18 Sold $435,000 -4.4% $335 / Sq Ft
04/23/2018 04/23/18 Pending -- -- --
04/02/2018 04/02/18 Price Changed $454,900 -4.2% $350 / Sq Ft
01/26/2018 01/26/18 Price Changed $474,900 +2.1% $365 / Sq Ft
01/26/2018 01/26/18 Price Changed $465,000 0.0% $358 / Sq Ft
01/26/2018 01/26/18 For Sale $465,000 +3.4% $358 / Sq Ft
12/05/2017 12/05/17 Pending -- -- --
11/01/2017 11/01/17 For Sale $449,900 -7.2% $346 / Sq Ft
02/28/2017 02/28/17 Sold $485,000 -8.5% $177 / Sq Ft
01/25/2017 01/25/17 Pending -- -- --
01/11/2017 01/11/17 Price Changed $530,000 0.0% $193 / Sq Ft
01/11/2017 01/11/17 For Sale $530,000 -11.5% $193 / Sq Ft
11/11/2016 11/11/16 Pending -- -- --
10/18/2016 10/18/16 Price Changed $599,000 -7.8% $218 / Sq Ft
09/26/2016 09/26/16 For Sale $650,000 -- $237 / 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
2022 $7,359 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72073603

MLS Property Information Network (MLS PIN)

APN: DANV M:065 L:014 P: