NOT LISTED FOR SALE

84 Elm St Danvers, MA 01923

Estimated Value: $548,591

2 Beds
2 Baths
1,200 Sq Ft
$457/Sq Ft Est. Value

Last Sold May 15, 2012

Last sale price $230,000 $192 Per Sq Ft

Est. 139% increase in value since last sale

Current estimated payment $2,877/month

389 Days on Market

About This Home

As of May 2012

Great opportunity for investment property. High visibility excellent condition 2 units. First floor currently being used as retail. Tenant is TAW, second floor is a beautiful completely renovated 2 bedroom vacant apt. Opportunity for owner to collect rents or reside above your own business. Great to start a new business in the fabulous town of Danvers. Off street, and good street parking, Very motivated seller. Please bring all reasonable offers Danvers Sq to Elm st

Last Agent to Sell the Property

Kathy Mackey

LAER Realty Partners License #454006242 Listed on: 03/23/2011

LAER Realty Partners

Last Buyer's Agent

Kathy Mackey

LAER Realty Partners License #454006242 Listed on: 03/23/2011

LAER Realty Partners

Property Details

Home Type

Multi-Family

Year Built

1839

Lot Details

0

Listing Details

  • Lot Description: Paved Drive, Easements
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1839

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 6
  • Amenities: Shopping, Public School
  • Electric: Circuit Breakers
  • Flooring: Wood, Tile, Wall to Wall Carpet
  • Basement: Full

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Asbestos
  • Exterior Features: Porch
  • Foundation: Fieldstone

Garage/Parking

  • Parking: Off-Street, Paved Driveway
  • Parking Spaces: 3

Utilities

  • Hot Water: Natural Gas
  • Water/Sewer: City/Town Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2011
Closed on
May 15, 2012
Sold by
Prime Investment Props
Bought by
Elm Street Danvers Rt
Seller's Agent
Kathy Mackey
LAER Realty Partners
Buyer's Agent
Kathy Mackey
LAER Realty Partners
List Price
$279,900
Sold Price
$230,000
Premium/Discount to List
-$49,900
-17.83%
Current Estimated Value
$548,591

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$318,591
Avg. Annual Appreciation
6.62%
Original Mortgage
$180,000
Outstanding Balance
$125,296
Interest Rate
4%
Mortgage Type
Commercial
Estimated Equity
$423,295

Purchase Details

Closed on
Mar 25, 1993
Sold by
Jarvis Robert E
Bought by
Burnham Benjamin M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Elm Street Danvers Rt $230,000 --
Elm Street Danvers Rt $230,000 --
Burnham Benjamin M $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elm Street Danvers Rt $180,000
Closed Burnham Benjamin M $180,000
Previous Owner Burnham Benjamin M $125,000
Previous Owner Burnham Benjamin M $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/15/2012 05/15/12 Sold $230,000 -17.8% $192 / Sq Ft
04/15/2012 04/15/12 Pending -- -- --
03/23/2011 03/23/11 For Sale $279,900 -- $233 / 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 -- $476,000 $291,200 $184,800
2024 -- $454,800 $291,200 $163,600
2023 $0 $402,400 $258,200 $144,200
2022 $0 $369,500 $225,300 $144,200
2021 $0 $344,500 $204,400 $140,100
2020 $0 $323,200 $197,800 $125,400
2019 $0 $316,600 $191,200 $125,400
2018 $0 $299,900 $185,700 $114,200
2017 $0 $286,700 $172,500 $114,200
2016 -- $279,000 $164,800 $114,200
2015 -- $267,800 $142,800 $125,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71204957

MLS Property Information Network (MLS PIN)

APN: DANV-000051-000000-000258