$875,000
SOLD SEP 30, 2024

98 Choate St Essex, MA 01929

3 Beds
1.5 Baths
1,656 Sq Ft
5.66 Acres

Recently Sold

$528 Per Sq Ft

21% Above List Price

4 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • River View
  • Manchester Essex Regional High School Rated A
  • Community Stables
  • Waterfront

About This Home

As of September 2024

Situated on 5.6 acres of pristine natural beauty, this property is an incredible opportunity for a homeowner looking to create a dream home or a contractor eager for a unique project. Featuring a river running along its eastern boundary, the landscape is truly extraordinary and includes an open, flat lawn as well as a wooded area that provides privacy, shade, and a natural haven for deer, river otters, and native and migratory birds. Ideally positioned, the 1,600+ sq. ft. home offers three bedrooms, 1.5 bathrooms, and an oversized garage/barn. The property is located on Choate Street, often regarded as one of the most beautiful country roads in Cape Ann, and is just a short distance from the charming downtowns of Essex, Hamilton, and Ipswich, with easy access to the train and shopping. The estate is being sold as-is, with the possibility of the owners clearing all personal belongings for the right offer. Don’t miss this once-in-a-lifetime opportunity!

Last Agent to Sell the Property

Jeremy McElwain

Keller Williams Realty Evolution Listed on: 09/03/2024

Keller Williams Realty Evolution

Last Buyer's Agent

Margaret Maher

William Raveis R.E. & Home Services

William Raveis R.E. & Home Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,693

Year Built

  • Built in 1964

Lot Details

  • 5.66 Acre Lot
  • Waterfront
  • Near Conservation Area
  • Level Lot
  • Property is zoned RS2

Parking

  • 2 Car Attached Garage
  • Off-Street Parking

Home Design

  • Ranch Style House

Interior Spaces

  • 1,656 Sq Ft Home
  • 2 Fireplaces
  • Wood Burning Stove
  • River Views
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Private Water Source
  • Water Heater
  • Private Sewer

Additional Features

  • Property is near schools
  • Farm

Listing and Financial Details

  • Assessor Parcel Number M:116 L:3,1886618

Community Details

Recreation

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

Additional Features

  • No Home Owners Association
  • Shops

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,693

Year Built

Built in 1964

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 1964
  • Year Built Details: Approximate
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Fireplace YN: Yes
  • Fireplaces: 2
  • Appliances: Water Heater
  • Total Bedrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bathrooms: 1.5
  • Master Bathroom Features: Yes
  • Basement: Full
  • Living Area: 1656
  • Spa YN: No
  • MAIN LO: C95098
  • LIST PRICE PER Sq Ft: 437.8
  • PRICE PER Sq Ft: 528.38
  • MAIN SO: M59500

Exterior Features

  • Foundation Details: Other
  • Frontage Length: 292
  • Home Warranty YN: No
  • Road Surface Type: Paved
  • Waterfront Features: Waterfront, Beach Front, River, Ocean, Beach Ownership(Public)
  • Waterfront YN: Yes
  • Waterview Flag: Yes

Garage/Parking

  • Garage Spaces: 2
  • Attached Garage YN: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Parking Features: Attached, Off Street
  • Total Parking Spaces: 10

Utilities

  • Sewer: Private Sewer
  • Cooling: None
  • Heating: Baseboard, Oil, Wood Stove, Other
  • Cooling Y N: No
  • Heating YN: Yes
  • Water Source: Private

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Shopping, Tennis Court(s), Park, Walk/Jog Trails, Stable(s), Golf, Bike Path, Conservation Area, House of Worship, Marina, Private School, Public School
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:116 L:3,1886618
  • Zoning: RS2
  • Farm Land Area Units: Square Feet
  • Lot Features: Farm, Level
  • Lot Size Acres: 5.66
  • Lot Size Area: 5.66
  • Lot Size Sq Ft: 246550
  • Lot Size Units: Acres
  • Property Attached YN: No
  • PAGE: 192
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 9693
  • Tax Book Number: 12519

Multi Family

  • Basement Included Sq Ft: No
  • Waterview: River

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2024
Closed on
Oct 3, 2024
Sold by
Morris John
Bought by
Mavymo Llc
Seller's Agent
Jeremy McElwain
Keller Williams Realty Evolution
Buyer's Agent
Margaret Maher
William Raveis R.E. & Home Services
List Price
$725,000
Sold Price
$875,000
Premium/Discount to List
$150,000
20.69%
Views
9

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.57%

Purchase Details

Closed on
Apr 8, 1994
Sold by
Gorton Janet and Pammet Dana
Bought by
Loewe Mallory F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
7.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 14, 1991
Sold by
Reardon Brian R
Bought by
Pagliarulo Michael W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
9.39%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Deed $230,000 --
Deed $185,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $184,000 Purchase Money Mortgage
Previous Owner $148,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2025 04/30/25 Pending -- -- --
03/27/2025 03/27/25 Price Changed $1,150,000 -3.8% --
01/22/2025 01/22/25 Price Changed $1,195,000 -7.7% --
01/14/2025 01/14/25 For Sale $1,295,000 +48.0% --
09/30/2024 09/30/24 Sold $875,000 +20.7% $528 / Sq Ft
09/07/2024 09/07/24 Pending -- -- --
09/03/2024 09/03/24 For Sale $725,000 -- $438 / 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 $10,430 $802,900 $466,200 $336,700
2024 $9,693 $727,700 $444,500 $283,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73284352

MLS Property Information Network (MLS PIN)

APN: ESSE-000116-000000-000003