NOT LISTED FOR SALE

62 Purchase St Unit C4 Danvers, MA 01923

Estimated Value: $316,000 - $333,000

2 Beds
1 Bath
820 Sq Ft
1980 Built

Last Sold August 26, 2015

Last sale price $165,000 $201 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $2,036/month

119 Days on Market

About This Home

As of August 2015

This is a great starter home or maybe you are ready to down size. Since this unit is on the top floor, back corner - it has a sunny view of the Crane River full of wildlife. What could more convenient than a 5 minute walk to downtown Danvers, the Liberty Tree Mall and a 2 minute drive to Route 128 - definitely a bonus. There is Extra storage room, laundry facilities and a deeded parking space with additional side street parking.

Last Listed By

Barbara Thibodeau

LAER Realty Partners Listed on: 04/23/2015

LAER Realty Partners

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,955

Year Built

1980

Lot Details

0

Listing Details

  • Unit Level: 3
  • Other Agent: 1.00
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1980

Interior Features

  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator
  • Has Basement: Yes
  • Number of Rooms: 4
  • Amenities: Public Transportation, Shopping, Medical Facility, Highway Access
  • Electric: Circuit Breakers
  • Flooring: Wall to Wall Carpet
  • Interior Amenities: Cable Available
  • Bedroom 2: Third Floor
  • Bathroom #1: Third Floor
  • Kitchen: Third Floor
  • Laundry Room: Basement
  • Living Room: Third Floor
  • Master Bedroom: Third Floor
  • Master Bedroom Description: Flooring - Wall to Wall Carpet

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Brick
  • Exterior: Brick

Garage/Parking

  • Parking: Off-Street, Assigned
  • Parking Spaces: 1

Utilities

  • Cooling: Wall AC
  • Heating: Oil
  • Utility Connections: for Electric Range, for Electric Oven

Condo/Co-op/Association

  • Condominium Name: Bowdoin Condominium
  • Association Fee Includes: Heat, Hot Water, Water, Master Insurance, Exterior Maintenance, Landscaping, Snow Removal, Extra Storage
  • Association Pool: No
  • Association Security: Intercom
  • Management: Professional - Off Site
  • Pets Allowed: No
  • No Units: 24
  • Unit Building: C-4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2015
Closed on
Aug 26, 2015
Sold by
Sheridan Kathleen M and Sheridan James E
Bought by
Patel Sanjay
Seller's Agent
Barbara Thibodeau
LAER Realty Partners
Buyer's Agent
Karen Rheault
Century 21 North East
List Price
$179,000
Sold Price
$165,000
Premium/Discount to List
-$14,000
-7.82%
Total Days on Market
119
Current Estimated Value
$322,881

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,881
Avg. Annual Appreciation
6.86%
Original Mortgage
$123,750
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 1, 2004
Sold by
Pelland Jennifer S
Bought by
Sheridan Kathleen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,500
Interest Rate
5.69%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 24, 2002
Sold by
Lann Cynthia C
Bought by
Pelland Jennifer S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,850
Interest Rate
7.05%
Mortgage Type
Purchase Money Mortgage

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
Patel Sanjay $165,000 --
Sheridan Kathleen M $202,500 --
Pelland Jennifer S $143,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Sanjay $185,000
Closed Patel Sanjay $123,750
Previous Owner Pelland Jennifer S $83,000
Previous Owner Pelland Jennifer S $102,500
Previous Owner Pelland Jennifer S $175,600
Previous Owner Pelland Jennifer S $135,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2015 08/26/15 Sold $165,000 0.0% $201 / Sq Ft
08/20/2015 08/20/15 Pending -- -- --
07/03/2015 07/03/15 Off Market $165,000 -- --
06/23/2015 06/23/15 Price Changed $169,900 -2.9% $207 / Sq Ft
05/20/2015 05/20/15 Price Changed $174,900 -2.3% $213 / Sq Ft
04/23/2015 04/23/15 For Sale $179,000 -- $218 / 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 $2,955 $268,900 $0 $268,900
2024 $2,897 $260,800 $0 $260,800
2023 $2,898 $246,600 $0 $246,600
2022 $3,014 $238,100 $0 $238,100
2021 $2,912 $218,100 $0 $218,100
2020 $2,787 $213,400 $0 $213,400
2019 $2,417 $182,000 $0 $182,000
2018 $2,334 $172,400 $0 $172,400
2017 $2,216 $156,200 $0 $156,200
2016 $1,988 $140,000 $0 $140,000
2015 -- $113,800 $0 $113,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71823212

MLS Property Information Network (MLS PIN)

APN: DANV-000058-000000-000035-C000004-C000004