$500,000
SOLD JUL 9, 2021

50 N Putnam St Danvers, MA 01923

4 Beds
2 Baths
1,944 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$257 Per Sq Ft

6 Days on Market

About This Home

As of July 2021

Two family plus garage located very close to town for shopping and dining! Off street parking plus garage for additional rental income. Each unit has two bedrooms, hardwood floors, full bath, front porch/mudroom. First floor unit has bonus room (not heated) perfect for storage/workshop with access to rear deck. Low maintenance vinyl siding and replacement windows. Electrical has been separated. Second floor unit has new kitchen and full bath and laundry hook ups. New electric panel separated for each unit.

Last Agent to Sell the Property

Pamela Spiros

Coldwell Banker Realty - Beverly Listed on: 04/20/2021

Coldwell Banker Realty - Beverly

Last Buyer's Agent

Chris Cowhig

Lokos Realty & Management

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,192

Year Built

  • Built in 1900

Parking

  • 1 Car Garage

Outdoor Features

  • Deck
  • Enclosed patio or porch

Schools

  • Dhs. High School

Utilities

  • Water Holding Tank
  • Natural Gas Water Heater

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:043 L:523 P:

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,192

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Property Type: Multi-family
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 257.15
  • Comp Based On: Net Sale Price
  • Year Built: 1900
  • Lead Paint: Unknown
  • Levels: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Total Flrs: 3
  • No Bedrooms: 4
  • Total Brs: 4
  • Full Bathrooms: 2
  • Total Fbh: 2
  • No Rooms: 8
  • Basement: Y
  • Basement Features: Full, Unfinished Basement
  • Main Lo: AN6181
  • Main So: NB4834
  • Estimated Sq Ft: 1944.00

Exterior Features

  • Exterior: Vinyl
  • Exterior Features: Porch - Enclosed, Deck
  • Foundation: Concrete Block

Garage/Parking

  • Parking Spaces: 2
  • Garage Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers
  • Hot Water: Natural Gas, Tank
  • Utility Connections: for Gas Range, for Electric Dryer, Washer Hookup

Condo/Co-op/Association

  • Amenities: Shopping, Walk/Jog Trails, Bike Path, Highway Access, House of Worship, Private School, Public School

Schools

  • Middle School: HRMS
  • High School: DHS.

Lot Info

  • Assessments: 486400.00
  • Acre: 0.12
  • Lot Size: 5140.00
  • Page: 544
  • Parcel Number: M:043 L:523 P:
  • Zoning: R1
  • Lot Description: Paved Drive, Shared Drive

Green Features

  • Energy Features: Insulated Windows, Storm Windows

Multi Family

  • Total Levels: 2
  • Total Rent: 1300
  • Total Rms: 10
  • No Units: 2
  • Mf Type: 2 Family

Tax Info

  • Taxes: 6493.00
  • Tax Year: 2021

MLS Schools

  • High School: DHS.
  • Middle School: HRMS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 30, 2003
Sold by
Ambrose John H and Ambrose Mary T
Bought by
Morrison Bruce V
Current Estimated Value
$674,161

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,800
Interest Rate
6.05%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Similar Home in Danvers, MA

  • 162 High St, Danvers, MA 01923

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    • 6 Beds
    • 2 Baths
    • 4,270 Sq Ft
    • 162 High St
    • Danvers, MA

    Enormous potential and opportunity for buyers, investors, and developers looking to restore a large multi-family in a spectacular Danvers location, close to the marinas! Spacious, level lot with plenty of parking and nice curb appeal! A great ability to to structure the floor plan that would be most desirable to the new buyer, and potentially even get a 3rd unit.

    Ryan Wilson Keller Williams Realty

    Section Image

Range of Values:

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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 $301,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $400,000 Purchase Money Mortgage
Closed $75,000 Purchase Money Mortgage
Closed $337,250 New Conventional
Closed $204,000 No Value Available
Closed $240,800 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2021 07/09/21 Sold $500,000 0.0% $257 / Sq Ft
04/26/2021 04/26/21 Pending -- -- --
04/20/2021 04/20/21 For Sale $499,900 +40.8% $257 / Sq Ft
12/22/2017 12/22/17 Sold $355,000 +1.7% $183 / Sq Ft
11/07/2017 11/07/17 Pending -- -- --
11/03/2017 11/03/17 Price Changed $349,000 -12.8% $180 / Sq Ft
10/25/2017 10/25/17 For Sale $400,000 -- $206 / 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 $7,192 $654,400 $321,200 $333,200
2024 $6,710 $604,000 $298,600 $305,400
2023 $6,769 $576,100 $278,300 $297,800
2022 $6,557 $517,900 $253,500 $264,400
2021 $6,493 $486,400 $249,700 $236,700
2020 $5,958 $456,200 $216,400 $239,800
2019 $5,050 $380,300 $202,800 $177,500
2018 $5,163 $381,300 $217,500 $163,800
2017 $4,449 $313,500 $169,000 $144,500
2016 $4,340 $305,600 $161,100 $144,500
2015 $4,339 $291,000 $146,500 $144,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72817524

MLS Property Information Network (MLS PIN)

APN: DANV-000043-000000-000523