NOT LISTED FOR SALE

74 Elm St Unit 4 Danvers, MA 01923

Estimated Value: $367,000 - $456,000

2 Beds
2 Baths
1,370 Sq Ft
1853 Built

Last Sold April 24, 2013

Last sale price $238,000 $174 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $2,653/month

170 Days on Market

About This Home

As of April 2013

Downtown Danvers single floor condo residence. Two bedrooms, two full bathrooms. Many lifestyle upgrades including granite kitchen with white cabinets, in unit laundry, central air conditioning. Lovely dining nook and expansive living room. Never lift a finger again - there is no grass to mow; snowplowing and maintenance done for you. A carefree lifestyle awaits you! Two large bedroom suites, master with amazing Walk in closet and deep soaking tub- 2car deeded parking, additional storage

Last Listed By

Sarah MacBurnie Liporto

Ocean's Edge Real Estate Listed on: 09/26/2012

Ocean's Edge Real Estate

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,165

Year Built

1853

Lot Details

0

Listing Details

  • Unit Level: 2
  • Unit Placement: Top/Penthouse
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Year Built: 1853

Interior Features

  • Has Basement: Yes
  • Primary Bathroom: Yes
  • Number of Rooms: 5
  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Highway Access
  • Flooring: Wall to Wall Carpet, Wood Laminate
  • Bedroom 2: Second Floor, 18X12
  • Bathroom #1: Second Floor, 8X5
  • Bathroom #2: Second Floor, 8X5
  • Kitchen: Second Floor, 10X11
  • Laundry Room: Second Floor
  • Living Room: Second Floor, 12X24
  • Master Bedroom: Second Floor, 14X14
  • Master Bedroom Description: Flooring - Wall to Wall Carpet, Closet - Walk-in, Bathroom - Full
  • Dining Room: Second Floor, 10X16

Exterior Features

  • Construction: Frame
  • Exterior: Clapboard, Wood

Garage/Parking

  • Parking: Off-Street, Deeded
  • Parking Spaces: 2

Utilities

  • Cooling Zones: 1
  • Heat Zones: 1
  • Utility Connections: for Electric Range, for Electric Dryer, Washer Hookup

Condo/Co-op/Association

  • Condominium Name: 74 Elm Street Condominium
  • Association Fee Includes: Water, Sewer, Master Insurance, Exterior Maintenance, Landscaping, Snow Removal
  • Management: Developer Control
  • Pets Allowed: Yes w/ Restrictions
  • No Units: 7
  • Unit Building: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2012
Closed on
Mar 15, 2013
Sold by
Sabatini Dev Llc
Bought by
Michaud Mark J
Seller's Agent
Sarah MacBurnie Liporto
Ocean's Edge Real Estate
Buyer's Agent
Peter Lutts
Herrick Lutts Realty Partners
List Price
$279,900
Sold Price
$238,000
Premium/Discount to List
-$41,900
-14.97%
Total Days on Market
170
Current Estimated Value
$415,805

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,805
Avg. Annual Appreciation
5.95%
Original Mortgage
$145,000
Outstanding Balance
$101,578
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$314,227

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
Michaud Mark J $206,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Michaud Mark J $145,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2013 04/24/13 Sold $238,000 +15.5% $174 / Sq Ft
03/15/2013 03/15/13 Sold $206,000 -17.6% $246 / Sq Ft
03/15/2013 03/15/13 Pending -- -- --
02/25/2013 02/25/13 Price Changed $249,900 -2.0% $182 / Sq Ft
02/07/2013 02/07/13 Pending -- -- --
02/07/2013 02/07/13 Price Changed $254,900 +19.2% $186 / Sq Ft
01/10/2013 01/10/13 Price Changed $213,900 -2.7% $255 / Sq Ft
11/29/2012 11/29/12 Price Changed $219,900 +4.7% $262 / Sq Ft
11/21/2012 11/21/12 Sold $210,000 -20.7% $250 / Sq Ft
11/13/2012 11/13/12 Price Changed $264,900 +12.8% $193 / Sq Ft
11/07/2012 11/07/12 For Sale $234,900 -16.1% $280 / Sq Ft
10/25/2012 10/25/12 Pending -- -- --
09/26/2012 09/26/12 For Sale $279,900 +16.6% $204 / Sq Ft
09/06/2012 09/06/12 Price Changed $240,000 -2.0% $286 / Sq Ft
04/30/2012 04/30/12 Price Changed $245,000 +14.0% $292 / Sq Ft
04/18/2012 04/18/12 For Sale $215,000 -- $256 / 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 $4,165 $379,000 $0 $379,000
2024 $4,020 $361,800 $0 $361,800
2023 $3,972 $338,000 $0 $338,000
2022 $3,950 $312,000 $0 $312,000
2021 $3,937 $294,900 $0 $294,900
2020 $3,691 $282,600 $0 $282,600
2019 $3,364 $253,300 $0 $253,300
2018 $3,208 $236,900 $0 $236,900
2017 $3,171 $223,500 $0 $223,500
2016 $3,174 $223,500 $0 $223,500
2015 $2,873 $192,700 $0 $192,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71440824

MLS Property Information Network (MLS PIN)

APN: DANV-000051-000000-000257-000004-000004