NOT LISTED FOR SALE

74 Collins St Danvers, MA 01923

Estimated Value: $842,933 - $1,092,000

7 Beds
3 Baths
3,942 Sq Ft
$236/Sq Ft Est. Value

Last Sold November 30, 2023

Last sale price $780,000 $198 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $5,693/month

199 Days on Market

Highlights

  • Marina
  • Community Stables
  • Property is near public transit
  • Golf Course Community
  • Medical Services
  • Wood Flooring

About This Home

As of November 2023

Incredible opportunity to own this three family home which has been in the same family for over 5 decades. Sunny and Spacious in a desirable location near shopping, the rail trail and major highways.This home has loads of character with incredible potential and endless possibilities, fix & flip, fix & hold, fix & occupy. Unit 1 boasts a fantastic balcony off the primary bedroom, providing a relaxing outdoor space to enjoy a morning coffee or evening sunset. The unit also offers 2 additional BR, hardwood floors, great closet space, an EIK and ample living space. The 2nd floor has a great layout with a large EIK, 2 BR, large living room w hardwood floors, decorative fireplace and an office. Unit 3 is equally impressive, featuring a balcony off the eat-in kitchen, the perfect spot to take in some fresh air. This unit also boasts spacious bedrooms, in unit laundry and a comfortable living room. Other features are 2 car garage & separate utilities! Seller prefers a quick closing.

Last Agent to Sell the Property

LeeAnne Trohon

LAER Realty Partners Listed on: 04/13/2023

LAER Realty Partners

Last Buyer's Agent

Carol Beatrice

Real Broker MA, LLC

Real Broker MA, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,695

Year Built

  • Built in 1900

Lot Details

  • 10,266 Sq Ft Lot
  • Corner Lot

Parking

  • 2 Car Garage
  • Driveway
  • Open Parking
  • Off-Street Parking

Home Design

  • 3,942 Sq Ft Home
  • Stone Foundation
  • Shingle Roof

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Basement

  • Interior Basement Entry
  • Garage Access

Location

  • Property is near public transit
  • Property is near schools

Additional Features

  • Balcony
  • Natural Gas Connected

Listing and Financial Details

  • Assessor Parcel Number M:057 L:163 P:,1880538

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Community Pool
  • Park
  • Community Stables
  • Jogging Path
  • Bike Trail

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,695

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1900
  • Buyer Agency: 2%
  • Buyer Agency Type: %
  • Transaction Broker: 2%
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Tile,Carpet,Varies Per Unit,Hardwood
  • Fireplace YN: No
  • Appliances: Utility Connections for Gas Range
  • Total Bedrooms: 7
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Interior Entry, Garage Access
  • Living Area: 3942
  • Spa YN: No
  • Stories Total: 6
  • MAIN LO: AN1199
  • LIST PRICE PER Sq Ft: 215.63
  • PRICE PER Sq Ft: 197.87
  • MAIN SO: AN4866

Exterior Features

  • Exterior Features: Balcony
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Stable(s), Golf, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Marina, Private School, Public School
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:057 L:163 P:,1880538
  • Zoning: R1
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.24
  • Lot Size Area: 0.24
  • Lot Size Sq Ft: 10266
  • Lot Size Units: Acres
  • PAGE: 0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 8695
  • Tax Book Number: 0

Multi Family

  • Number Of Units Total: 3
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 30, 2025
Sold by
Brito Lucas G and Mauro Roberta
Bought by
Brito Lucas G
Current Estimated Value
$931,733

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$590,000
Outstanding Balance
$587,919
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$345,406

Purchase Details

Closed on
Feb 18, 2015
Sold by
74 Collins Street T and 74 Dean
Bought by
Dean Charlotte M

Purchase Details

Closed on
Sep 16, 2003
Sold by
74 Collins St T and Dean
Bought by
Dean Charlotte M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage
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
Brito Lucas G -- None Available
Brito Lucas G -- None Available
Dean Charlotte M -- --
Dean Charlotte M -- --
Dean Charlotte M -- --
Dean Charlotte M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brito Lucas G $590,000
Previous Owner Brito Lucas G $585,000
Previous Owner Dean Douglas K $176,400
Previous Owner Dean Douglas K $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2023 11/30/23 Sold $780,000 -8.2% $198 / Sq Ft
10/30/2023 10/30/23 Pending -- -- --
10/24/2023 10/24/23 For Sale $850,000 0.0% $216 / Sq Ft
04/17/2023 04/17/23 Pending -- -- --
04/13/2023 04/13/23 For Sale $850,000 -- $216 / 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 $8,745 $795,700 $318,100 $477,600
2024 $8,979 $808,200 $318,100 $490,100
2023 $8,695 $740,000 $282,100 $457,900
2022 $7,876 $622,100 $246,100 $376,000
2021 $8,001 $599,300 $223,300 $376,000
2020 $6,663 $510,200 $216,100 $294,100
2019 $6,991 $526,400 $208,900 $317,500
2018 $6,499 $480,000 $202,900 $277,100
2017 $6,607 $465,600 $188,500 $277,100
2016 $6,126 $431,400 $180,100 $251,300
2015 $5,995 $402,100 $156,100 $246,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73098540

MLS Property Information Network (MLS PIN)

APN: DANV-000057-000000-000163