NOT LISTED FOR SALE

59 Purchase St Danvers, MA 01923

Estimated Value: $856,000 - $889,000

3 Beds
3 Baths
2,684 Sq Ft
$326/Sq Ft Est. Value

Last Sold December 10, 2020

Last sale price $629,900 $235 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $5,402/month

25 Days on Market

Highlights

  • Porch
  • Patio
  • Tankless Water Heater

About This Home

As of December 2020

Large Two Family investment opportunity near downtown Danvers! The top floor features a great one bed/one bath apartment with private outdoor balcony, tons of natural light, washer/dryer hook up in unit, and gas fireplace for those chilly nights. The main level features a massive two bedroom, one and half bath apartment that has a whole downstairs section waiting to be 100% finished off for additional living space. This unit lives more like a single family house with a large living room featuring vaulted ceilings and a gas fireplace. To top it all off, there is a large two car garage with loft space above for extra storage. This property is extremely convenient for commuting, shopping, rail trail, and all that Danvers has to offer. Great long term tenants with extremely reliable rental income (with plenty of room to increase at renewal).

Last Agent to Sell the Property

Herrick Lutts Realty Partners

Herrick Lutts Realty Partners Listed on: 10/05/2020

Last Buyer's Agent

Donna Fiandaca

Coldwell Banker Realty - Lynnfield

Coldwell Banker Realty - Lynnfield

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,115

Year Built

  • Built in 1935

Lot Details

  • 4,792

Parking

  • 2 Car Garage

Outdoor Features

  • Patio
  • Porch

Utilities

  • Water Holding Tank
  • Tankless Water Heater

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:058 L:086 P:

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,115

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 2.00
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 234.69
  • Comp Based On: Net Sale Price
  • Year Built: 1935
  • Lead Paint: Unknown
  • Levels: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1935

Interior Features

  • Fireplaces: 3
  • Total Flrs: 3
  • Total Frplcs: 3
  • No Bedrooms: 3
  • Total Brs: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Fbh: 2
  • Total Hbh: 1
  • No Rooms: 11
  • Basement: Y
  • Basement Features: Full, Walk Out, Interior Access, Concrete Floor
  • Main Lo: C95098
  • Main So: AN6181
  • Estimated Sq Ft: 2684.00

Exterior Features

  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Exterior Features: Porch, Patio
  • Foundation: Concrete Block

Garage/Parking

  • Parking Feature: Off-Street, Paved Driveway
  • Parking Spaces: 6
  • Garage Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers, Individually Metered
  • Hot Water: Electric, Tank, Tankless, Varies Per Unit
  • Utility Connections: for Gas Range, for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup, Varies per Unit

Condo/Co-op/Association

  • Amenities: Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Marina

Lot Info

  • Assessments: 469400.00
  • Acre: 0.11
  • Lot Size: 5009.00
  • Page: 161
  • Parcel Number: M:058 L:086 P:
  • Zoning: R1
  • Lot Description: Paved Drive

Multi Family

  • Total Levels: 3
  • Total Rms: 9
  • No Units: 2
  • Mf Type: 2 Family

Tax Info

  • Taxes: 6130.00
  • Assessor Parcel Number: 1881099
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 14, 2008
Sold by
Tenir Llc
Bought by
Kearney-Harriss Eileen
Current Estimated Value
$874,071

Purchase Details

Closed on
Jun 5, 2007
Sold by
Kearney-Harriss Eileen and Harriss John C
Bought by
Tenir Llc
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 Buyer Sale Price Title Company
Kearney-Harriss Eileen -- --
Tenir Llc $230,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lausier Paul A $503,920
Closed Roselyn M Fisher $360,000
Previous Owner Harriss Eileen $245,000
Previous Owner Harriss Eileen $75,000
Previous Owner Harriss Eileen $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2020 12/10/20 Sold $629,900 0.0% $235 / Sq Ft
10/30/2020 10/30/20 Pending -- -- --
10/12/2020 10/12/20 For Sale $629,900 0.0% $235 / Sq Ft
10/09/2020 10/09/20 Pending -- -- --
10/05/2020 10/05/20 For Sale $629,900 -- $235 / 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 $8,115 $738,400 $303,800 $434,600
2024 $7,624 $686,200 $286,900 $399,300
2023 $7,391 $629,000 $258,800 $370,200
2022 $6,859 $541,800 $225,000 $316,800
2021 $6,093 $456,400 $216,000 $240,400
2020 $6,130 $469,400 $225,000 $244,400
2019 $5,704 $429,500 $183,400 $246,100
2018 $5,417 $400,100 $183,400 $216,700
2017 $5,327 $375,400 $168,800 $206,600
2016 $5,128 $361,100 $168,800 $192,300
2015 $4,990 $334,700 $146,300 $188,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72737385

MLS Property Information Network (MLS PIN)

APN: DANV-000058-000000-000086