$510,000
SOLD DEC 18, 2017

5 Cross St Danvers, MA 01923

4 Beds
4 Baths
2,783 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$183 Per Sq Ft

3% Below List Price

18 Days on Market

About This Home

As of December 2017

Whether you are an investor looking for a high quality rental property or looking for a great location to live while supplementing your mortgage with some great rental income, you will not want to miss this property. This Two-Family home offers the charm and details of a New England historical Colonial with wide pine and fir floors while boasting updated heating systems, windows, and electrical. Separate utilities on each floor along with washer/dryer hookups. Great walkable location with access to restaurants, shops, and local schools. Home currently offers 2 bedrooms plus office/den on second and third level including impressive master suite with master bath. Lower level is currently used as one bedroom with kitchen, living, and bathroom and a separate space with special permission from the town to be used as commercial space. Could easily be converted back to 2 Bedroom unit. Home has been used as family home, one unit is currently vacant. Home to be delivered totally vacant.

Last Agent to Sell the Property

Ryan Snow Real Estate Team

Keller Williams Realty Evolution Listed on: 10/19/2017

Last Buyer's Agent

Ryan Snow Real Estate Team

Keller Williams Realty Evolution Listed on: 10/19/2017

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,968

Year Built

1858

Lot Details

0

Listing Details

  • Lot Description: Paved Drive, Cleared
  • Property Type: Multi-family
  • Other Agent: 1.00
  • Lead Paint: Unknown
  • Year Built Description: Actual
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1858

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 11
  • Amenities: Public Transportation, Shopping, Walk/Jog Trails, Bike Path, Highway Access, House of Worship
  • Electric: Circuit Breakers
  • Flooring: Wood
  • Basement: Full, Interior Access
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Levels: 3
  • Main Lo: C95098
  • Main So: C95098
  • Estimated Sq Ft: 2783.00

Exterior Features

  • Construction: Frame
  • Exterior: Clapboard
  • Exterior Features: Deck, Patio, Hot Tub/Spa, Storage Shed
  • Foundation: Fieldstone

Garage/Parking

  • Parking: Off-Street
  • Parking Spaces: 4

Utilities

  • Hot Water: Oil
  • Utility Connections: for Gas Range
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 2

Lot Info

  • Assessor Parcel Number: M:043 L:434 P:
  • Zoning: R1
  • Acre: 0.11
  • Lot Size: 4879.00

Multi Family

  • Heat Units: 2
  • Total Bedrooms: 4
  • Total Floors: 3
  • Total Full Baths: 3
  • Total Half Baths: 1
  • Total Levels: 3
  • Total Rms: 11
  • Multi Family Type: 2 Family - 2 Units Up/Down

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 30, 2020
Sold by
Devereux Barbara and Maloney John
Bought by
Devereux Maloney Ft and Devereux
Current Estimated Value
$855,044
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Quit Claim Deed -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2018 03/18/18 Rented $1,600 0.0% --
03/17/2018 03/17/18 Under Contract -- -- --
03/10/2018 03/10/18 For Rent $1,600 0.0% --
12/18/2017 12/18/17 Sold $510,000 -2.9% $183 / Sq Ft
11/06/2017 11/06/17 Pending -- -- --
10/30/2017 10/30/17 For Sale $525,000 0.0% $189 / Sq Ft
10/27/2017 10/27/17 Pending -- -- --
10/19/2017 10/19/17 For Sale $525,000 -- $189 / 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 $7,968 $725,000 $325,800 $399,200
2024 $6,689 $602,100 $314,600 $287,500
2023 $6,623 $563,700 $284,200 $279,500
2022 $6,263 $494,700 $258,400 $236,300
2021 $6,150 $460,700 $246,000 $214,700
2020 $6,022 $461,100 $246,000 $215,100
2019 $5,714 $430,300 $213,500 $216,800
2018 $0 $405,300 $213,500 $191,800
2017 $0 $376,100 $194,400 $181,700
2016 -- $353,600 $185,400 $168,200
2015 -- $331,100 $162,900 $168,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72245424

MLS Property Information Network (MLS PIN)

APN: DANV-000043-000000-000434