NOT LISTED FOR SALE

74 Hobart St Danvers, MA 01923

Estimated Value: $405,000 - $555,372

1 Bed
1 Bath
938 Sq Ft
$511/Sq Ft Est. Value

Last Sold March 14, 2024

Last sale price $375,000 $400 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $3,004/month

4 Days on Market

Highlights

  • Cape Cod Architecture
  • Property is near public transit
  • No HOA
  • Deck
  • Wood Flooring
  • Jogging Path

About This Home

As of March 2024

Attention contractors and builders! This could be a great opportunity to get into Danvers. Small Cape overlooking the 'Meadows' with attached enclosed porch and 1-car garage. Many possibilities for renovating and/or building up. Oil tank, heating system, insulation are 3 years young. Electrical has also been updated. This property will not qualify for conventional or FHA financing. Showings begin at the open houses on Friday, Feb. 16th, 4-530pm, Sat. 11-1pm, Sun. 11-1pm. LA related to the seller and has an interest. Offer deadline Tuesday, 2/20 at 12 noon.

Last Agent to Sell the Property

Kelly Anne Martinson

Churchill Properties Listed on: 02/15/2024

Last Buyer's Agent

Kelly Anne Martinson

Churchill Properties Listed on: 02/15/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,857

Year Built

  • Built in 1946

Lot Details

  • 6,400 Sq Ft Lot
  • Level Lot
  • Property is zoned R1

Parking

  • 1 Car Attached Garage
  • Off-Street Parking

Home Design

  • 938 Sq Ft Home
  • Cape Cod Architecture
  • Frame Construction
  • Blown-In Insulation
  • Shingle Roof
  • Concrete Perimeter Foundation

Flooring

  • Wood
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • Primary bedroom located on second floor
  • 1 Full Bathroom

Laundry

  • Washer Hookup

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Outdoor Features

  • Bulkhead
  • Deck
  • Enclosed Patio or Porch

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Great Oak Elementary School
  • Holten Richmond Middle School
  • Danvers High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • 1 Heating Zone
  • Heating System Uses Oil
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number M:042 L:046 P:,1877412

Community Details

Overview

  • No Home Owners Association

Recreation

  • Jogging Path
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,857

Year Built

Built in 1946

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cape
  • Year Built: 1946
  • Buyer Agency: 2.5
  • Transaction Broker: 2.5
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Flooring: Wood, Vinyl, Laminate
  • Fireplace YN: No
  • Appliances: Gas Water Heater, Refrigerator
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Level: Second
  • Master Bathroom Features: No
  • Room Kitchen Level: First
  • Laundry Features: Washer Hookup
  • Room Living Room Level: First
  • Basement: Full, Interior Entry, Bulkhead, Unfinished
  • Accessibility Features: No
  • Living Area: 938
  • Spa YN: No
  • MAIN LO: AN4851
  • LIST PRICE PER Sq Ft: 389.13
  • PRICE PER Sq Ft: 399.79
  • MAIN SO: AN4851
  • Insulation: Full, Blown In

Exterior Features

  • Exterior Features: Porch - Enclosed, Deck - Wood
  • Construction Materials: Frame
  • Foundation Details: Concrete Perimeter
  • Home Warranty YN: No
  • Patio And Porch Features: Porch - Enclosed, Deck - Wood
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage YN: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Parking Features: Attached, Off Street
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Utilities: Washer Hookup
  • Cooling: None
  • Heating: Forced Air, Oil
  • Cooling Y N: No
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 1
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Public Transportation, Walk/Jog Trails, Bike Path, Highway Access, House of Worship, Public School
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:042 L:046 P:,1877412
  • Zoning: R1
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.15
  • Lot Size Area: 0.15
  • Lot Size Sq Ft: 6400
  • Lot Size Units: Acres
  • Property Attached YN: No
  • PAGE: 532
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 4857
  • Tax Book Number: 30349

Multi Family

  • Basement Included Sq Ft: No

MLS Schools

  • High School: Danvers
  • Elementary School: Great Oak
  • Middle Or Junior School: Holten Richmond

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2024
Closed on
Mar 14, 2024
Sold by
Seventy-Four Hobart St Rt and Martinson
Bought by
Gallione Andrew
Seller's Agent
Kelly Anne Martinson
Churchill Properties
Buyer's Agent
Kelly Anne Martinson
Churchill Properties
List Price
$365,000
Sold Price
$375,000
Premium/Discount to List
$10,000
2.74%
Views
138
Current Estimated Value
$479,093

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,093
Avg. Annual Appreciation
14.09%
Original Mortgage
$200,000
Interest Rate
6.63%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 14, 2011
Sold by
Martinson George M and Martinson Timothy F
Bought by
74 Hobart St Rt and Martinson

Purchase Details

Closed on
Jul 18, 1973
Bought by
74 Hobart St Rt
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
Gallione Andrew $375,000 None Available
74 Hobart St Rt -- --
74 Hobart St Rt -- --
74 Hobart Street Rt -- --
74 Hobart St Rt -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gallione Andrew $225,000
Closed Gallione Andrew $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2024 03/14/24 Sold $375,000 +2.7% $400 / Sq Ft
02/20/2024 02/20/24 Pending -- -- --
02/15/2024 02/15/24 For Sale $365,000 -- $389 / 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 $4,711 $428,700 $303,700 $125,000
2024 $5,188 $467,000 $303,700 $163,300
2023 $4,857 $413,400 $269,300 $144,100
2022 $4,730 $373,600 $234,900 $138,700
2021 $4,482 $335,700 $213,200 $122,500
2020 $4,235 $324,300 $206,300 $118,000
2019 $4,191 $315,600 $199,400 $116,200
2018 $4,051 $299,200 $193,700 $105,500
2017 $3,973 $280,000 $179,900 $100,100
2016 $3,824 $269,300 $171,900 $97,400
2015 $3,634 $243,700 $149,000 $94,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73202721

MLS Property Information Network (MLS PIN)

APN: DANV-000042-000000-000046