NOT LISTED FOR SALE

9 Fowler St Danvers, MA 01923

Estimated Value: $806,000 - $902,000

3 Beds
2.5 Baths
2,632 Sq Ft
$326/Sq Ft Est. Value

Last Sold April 22, 2024

Last sale price $826,500 $314 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $5,197/month

2 Days on Market

Highlights

  • Marina
  • Wood Flooring
  • Home Office
  • Medical Services
  • Solid Surface Countertops
  • Jogging Path

About This Home

As of April 2024

OPEN HOUS CANCELLED, Enjoy a single-family lifestyle while benefiting from rental income! Nestled within a family-friendly neighborhood, this home is also super convenient: 2 blocks to town for Sunday coffee or hop on 128 to get to work! The first-floor unit offers an updated eat-in kitchen with granite and stainless appliances, dining room, living room, and generous primary bedroom. This unit also has a lower level exercise room, finished room and half bath making it an ideal extra bedroom, home office or den. Unit 2 has a granite kitchen with breakfast bar, dining room, living room bedroom and bath on the 2nd floor with an additional bedroom or home office on the 3rd floor. Both units have in unit washer/dryers and extra storage. Relax in the sun on the back deck overlooking the above ground pool. The fenced yard has an oversized shed. Improvements include updated kitchens, newer boiler and hot water tank and 10-year-old roof.

Last Agent to Sell the Property

Sheri Trocchi

J. Barrett & Company Listed on: 03/05/2024

Last Buyer's Agent

Bill Butler

Leading Edge Real Estate

Leading Edge Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,494

Year Built

  • Built in 1890

Lot Details

  • 5,449

Home Design

  • Duplex
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,632 Sq Ft Home
  • Property has 1 Level
  • Living Room
  • Dining Room
  • Home Office
  • Storage

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Parking

  • 4 Car Parking Spaces
  • Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Enclosed Patio or Porch

Schools

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

Utilities

  • Window Unit Cooling System
  • 2 Heating Zones
  • Baseboard Heating

Additional Features

  • 5,449 Sq Ft Lot
  • Property is near schools

Listing and Financial Details

  • Total Actual Rent $1,700
  • Rent includes unit 1(heat water hot water), unit 2(heat water hot water)
  • Assessor Parcel Number 1879451

Community Details

Overview

  • 2 Units

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Marina
  • Park
  • Jogging Path
  • Bike Trail

Building Details

  • Operating Expense $3,240
  • Net Operating Income $20,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,494

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Year Built: 1890
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Tile, Carpet, Hardwood
  • Interior Amenities: Storage, Upgraded Cabinets, Bathroom With Tub & Shower, Stone/Granite/Solid Counters, Living Room, Dining Room, Kitchen, Laundry Room, Office/Den
  • Fireplace YN: No
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Basement: Full, Partially Finished, Sump Pump
  • Living Area: 2632
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: C95243
  • MAIN SO: AN4643

Exterior Features

  • Exterior Features: Balcony/Deck
  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Enclosed
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront Features: Beach Front, Harbor, River, 1 to 2 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Oven, for Electric Dryer, Washer Hookup
  • Cooling: Window Unit(s)
  • Heating: Baseboard
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 1
  • HEAT ZONES: 2
  • COOLING ZONES: 0
  • Hot Water: Natural Gas, Tank

Condo/Co-op/Association

  • Community Features: Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Marina, Private School, Public School
  • Rent Includes: Unit 1(Heat,Water,Hot Water), Unit 2(Heat,Water,Hot Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: 1879451
  • Zoning: R1
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.13
  • Lot Size Sq Ft: 5449
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 7494

Multi Family

  • Net Operating Income: 20400
  • Number Of Units Total: 2
  • Operating Expense: 3240
  • Total Actual Rent: 1700
  • LEVELS 1: 1
  • Basement Included Sq Ft: Yes
  • LEASE 2: N
  • LEASE 1: N

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2024
Closed on
Apr 22, 2024
Sold by
Newbegin Kelly A and Newbegin Matthew M
Bought by
Ferrara John and Ferrara Jonathan
Seller's Agent
Sheri Trocchi
J. Barrett & Company
Buyer's Agent
Bill Butler
Leading Edge Real Estate
List Price
$780,000
Sold Price
$826,500
Premium/Discount to List
$46,500
5.96%
Views
80
Current Estimated Value
$857,862

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,362
Avg. Annual Appreciation
2.31%
Original Mortgage
$785,175
Outstanding Balance
$772,717
Interest Rate
6.88%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$85,145

Purchase Details

Closed on
Apr 8, 2021
Sold by
Maynard Gregory J and Maynard Matthew
Bought by
Newbegin Kelly A and Newbegin Matthew M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$435,000
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 15, 2004
Sold by
Mckenzie Rt and Mckenzie
Bought by
Newbegin Mathew M and Maynard Gregory J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,500
Interest Rate
5.68%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 18, 1997
Sold by
Kelleher John E
Bought by
Martin Alan S and Martin Paula
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ferrara John $826,500 None Available
Newbegin Kelly A -- None Available
Newbegin Kelly A -- None Available
Newbegin Mathew M $470,000 --
Newbegin Mathew M $470,000 --
Martin Alan S $155,000 --
Martin Alan S $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ferrara John $785,175
Previous Owner Newbegin Kelly A $435,000
Previous Owner Martin Alan S $399,500
Previous Owner Martin Alan S $40,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/22/2024 04/22/24 Sold $826,500 +6.0% $314 / Sq Ft
03/08/2024 03/08/24 Pending -- -- --
03/05/2024 03/05/24 For Sale $780,000 -- $296 / 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 $8,374 $762,000 $328,200 $433,800
2024 $7,494 $674,500 $316,900 $357,600
2023 $7,477 $636,300 $286,300 $350,000
2022 $7,045 $556,500 $260,300 $296,200
2021 $6,905 $517,200 $247,900 $269,300
2020 $6,971 $533,800 $247,900 $285,900
2019 $5,648 $425,300 $215,000 $210,300
2018 $5,535 $408,800 $215,000 $193,800
2017 $5,194 $366,000 $195,800 $170,200
2016 $5,068 $356,900 $186,700 $170,200
2015 $4,984 $334,300 $164,100 $170,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73208487

MLS Property Information Network (MLS PIN)

APN: DANV-000051-000000-000097