NOT LISTED FOR SALE

5 Water St Danvers, MA 01923

Estimated Value: $752,779

8 Beds
6 Baths
4,800 Sq Ft
$157/Sq Ft Est. Value

Last Sold April 21, 2017

Last sale price $250,000 $52 Per Sq Ft

Est. 201% increase in value since last sale

Current estimated payment $4,744/month

120 Days on Market

About This Home

As of April 2017

Attention contractors, builders, developers and investors ... 203k loan potential too... Or a great project to be built including part of the existing Greek Revival home ! Approved plans from the Town of Danvers for 2 side by side units to be either used as a Multifamily or 2 Townhouse style condos attached . Current building can remain as a single family renovation too. Price is for land, existing building "as is" and plans. Town water and sewer to site . Please call listing agent for more details

Last Agent to Sell the Property

Patricia LeBlanc

Century 21 North East Listed on: 09/22/2016

Century 21 North East

Last Buyer's Agent

Michael Joly

Boardwalk Realty Group

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,675

Year Built

2016

Lot Details

0

Listing Details

  • Lot Description: Cleared, Level, Paved Drive
  • Property Type: Multi-family
  • Other Agent: 1.00
  • Lead Paint: Unknown
  • Year Round: Yes
  • Special Features: NewHome
  • Property Sub Type: MultiFamily
  • Year Built: 2016

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 16
  • Amenities: Public Transportation, Shopping, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School
  • Total Levels: 4

Exterior Features

  • Foundation: Poured Concrete
  • Beach: River
  • Beach Ownership: Public

Garage/Parking

  • Garage Spaces: 2
  • 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

  • Zoning: R1
  • Lot: 97

Multi Family

  • Cooling Units: 2
  • Heat Units: 2
  • Total Bedrooms: 8
  • Total Floors: 2
  • Total Full Baths: 4
  • Total Half Baths: 2
  • Total Levels: 2
  • Total Rms: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 10, 2019
Sold by
Joly Enterprise Group Llc
Bought by
Hammond Laura J
Current Estimated Value
$752,779

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Outstanding Balance
$199,080
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 22, 2016
Closed on
Apr 24, 2017
Sold by
Gia Real Estate Invest
Bought by
Joly Enterprise Group
Seller's Agent
Patricia LeBlanc
Century 21 North East
Buyer's Agent
Michael Joly
Boardwalk Realty Group
List Price
$320,000
Sold Price
$250,000
Premium/Discount to List
-$70,000
-21.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$734,000
Interest Rate
4.21%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 27, 2015
Sold by
Mac Freddie
Bought by
Gia Real Estate Invest

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,008
Interest Rate
4.01%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 18, 2015
Sold by
Hartnett Nial
Bought by
Fhlmc

Purchase Details

Closed on
Jan 17, 2006
Sold by
Langmaid Mary Louise
Bought by
Hartnett Nial and Bragg Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,000
Interest Rate
6.28%
Mortgage Type
Purchase Money Mortgage
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
Hammond Laura J $525,000 --
Joly Enterprise Group $250,000 --
Gia Real Estate Invest $236,259 --
Fhlmc $188,168 --
Hartnett Nial $395,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hammond Laura J $225,000
Previous Owner Joly Enterprise Group $734,000
Previous Owner Gia Real Estate Invest $189,008
Previous Owner Hartnett Nial $316,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/21/2017 04/21/17 Sold $250,000 -7.4% $52 / Sq Ft
01/20/2017 01/20/17 Pending -- -- --
11/04/2016 11/04/16 Price Changed $270,000 -6.9% $56 / Sq Ft
10/11/2016 10/11/16 Price Changed $290,000 -9.4% $60 / Sq Ft
09/22/2016 09/22/16 For Sale $320,000 -- $67 / 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 $5,675 $578,500 $240,200 $338,300
2021 $5,675 $537,100 $230,600 $306,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72072034

MLS Property Information Network (MLS PIN)

APN: DANV M:059 L:097 P: