NOT LISTED FOR SALE

7 Nichols St Danvers, MA 01923

Estimated Value: $727,000 - $821,838

4 Beds
2 Baths
2,202 Sq Ft
$349/Sq Ft Est. Value

Last Sold October 01, 2020

Last sale price $570,000 $259 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $4,921/month

36 Days on Market

About This Home

As of October 2020

Legal 2 unit multi family home, very rare and charming, antique colonial with 1st floor 1 bedroom 2nd unit. on gorgeous level and landscaped 1/2 acre lot. Main House has 3-bedrooms and 1 full bath with hardwood floors throughout. It is known as the "Open Hearth House" as it has 5 fireplaces, 3 on the 1st floor and 2 fireplaces in bedrooms upstairs on 2nd floor. Finished 3rd floor attic can be used a masters suite or 3rd bedroom w den. Unit # 2 is a 1-bedroom on the a 1st floor with a slider access to the large open yard. Currently used a single family home and utilities are not separated. It can be VERY easily converted back to a 2 unit. Close proximity to all major highways, St Short walk Endicott Park less than 1/2 mile away. Plenty of parking for 6 + cars.

Last Agent to Sell the Property

Scott Strang

Scott Gregory Group Listed on: 07/09/2020

Last Buyer's Agent

Scott Strang

Scott Gregory Group Listed on: 07/09/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,112

Year Built

  • Built in 1810

Lot Details

  • 0.5

Flooring

  • Wall to Wall Carpet
  • Vinyl

Utilities

  • Electric Water Heater

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:025 L:084 P:

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,112

Year Built

Built in 1810

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 2.00
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 266.08
  • Comp Based On: Net Sale Price
  • Year Built: 1810
  • Lead Paint: Unknown
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1810

Interior Features

  • Fireplaces: 5
  • Flooring: Vinyl, Wall to Wall Carpet
  • Total Flrs: 2
  • Total Frplcs: 5
  • No Bedrooms: 4
  • Total Brs: 4
  • Full Bathrooms: 2
  • Total Fbh: 2
  • No Rooms: 10
  • Basement: Y
  • Basement Features: Partial, Interior Access, Exterior Access
  • Main Lo: AC1884
  • Main So: AC1884
  • Estimated Sq Ft: 2202.00

Exterior Features

  • Construction: Conventional (2x4-2x6)
  • Roof Material: Asphalt/Fiberglass Shingles
  • Foundation: Poured Concrete, Fieldstone, Granite

Garage/Parking

  • Parking Spaces: 6

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers, 200 Amps
  • Heat Zones: 9
  • Hot Water: Electric

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Medical Facility, Laundromat, Highway Access, House of Worship, Marina

Schools

  • Middle School: Dunn
  • High School: DHS

Lot Info

  • Assessments: 522500.00
  • Lot: 84
  • Acre: 0.50
  • Lot Size: 21693.00
  • Page: 289
  • Parcel Number: M:025 L:084 P:
  • Zoning: R2
  • Lot Description: Paved Drive, Level

Multi Family

  • Heat Units: 9
  • Total Levels: 4
  • Total Rms: 10
  • No Units: 2
  • Mf Type: 2 Family

Tax Info

  • Taxes: 6824.00
  • Assessor Parcel Number: 1875049

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 31, 2000
Sold by
Dube Richard R and Dube Deborah J
Bought by
Wood James C and Mirboluk Ziba
Current Estimated Value
$768,710

Purchase Details

Closed on
Mar 16, 1998
Sold by
Lilly Sharon D
Bought by
Dube Richard R and Dube Deborah J

Purchase Details

Closed on
Dec 4, 1997
Sold by
Amos Grady H and Fleet Mtg Corp
Bought by
Lilly Sharon D
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
Wood James C $268,500 --
Dube Richard R $186,500 --
Lilly Sharon D $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phan Tien $541,500
Closed Amos Grady H $357,000
Closed Amos Grady H $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2020 10/01/20 Sold $570,000 -2.7% $259 / Sq Ft
08/14/2020 08/14/20 Pending -- -- --
08/11/2020 08/11/20 Price Changed $585,900 -2.3% $266 / Sq Ft
07/09/2020 07/09/20 For Sale $599,900 -- $272 / 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 $8,112 $738,100 $365,200 $372,900
2024 $7,634 $687,100 $345,000 $342,100
2023 $7,414 $631,000 $311,200 $319,800
2022 $6,877 $543,200 $270,700 $272,500
2021 $6,791 $508,700 $259,900 $248,800
2020 $6,824 $522,500 $270,700 $251,800
2019 $5,433 $409,100 $220,800 $188,300
2018 $5,351 $395,200 $220,800 $174,400
2017 $5,077 $357,800 $203,200 $154,600
2016 $5,081 $357,800 $203,200 $154,600
2015 $4,934 $330,900 $176,200 $154,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72687957

MLS Property Information Network (MLS PIN)

APN: DANV-000025-000000-000084