Sold for $650,000

$650,000

15 Cottage Ave, Danvers, MA 01923

4beds

1,992sqft

Multi Family

Built in 1920

-- sqft lot

$770,500 Zestimate^®

$326/sqft

$3,039 Estimated rent

Home value

$770,500

$724,000 - $824,000

$3,039/mo

Zestimate^® history

Owner options

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$3,039/mo

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$3,039/mo

Rent Zestimate^®

Refinance and save

$4,226/mo

Est. payment

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$4,226/mo

Est. payment

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What's special

Attention investors, developers and general contractors! Amazing opportunity to own and restore an income producing 2 family property in the heart of downtown Danvers. Property is in close proximity to schools, shops and highways. This is a 4 bedroom / 2 bathroom, 2 family with a driveway & 4 car garage that has electrical, plumbing, and heat. House is fit with 3 working fireplaces and a farmers porch. Property is vacant and is being sold as-is. Buyer and buyers agent to do their own due diligence regarding renovations.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2
Full bathrooms: 2

Features

Basement: Unfinished
Number of fireplaces: 3

Interior area

Total structure area: 1,992
Total interior livable area: 1,992 sqft

Property

Parking

Total spaces: 12
Parking features: Paved Drive, Off Street, Paved
Garage spaces: 4
Uncovered spaces: 8

Features

Patio & porch: Porch

Lot

Size: 4,652 Square Feet

Details

Parcel number: 1877873
Zoning: RES

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Foundation: Concrete Perimeter

Condition

Year built: 1920

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Location

Region: Danvers

Financial & listing details

Price per square foot: $326/sqft
Tax assessed value: $616,400
Annual tax amount: $6,848
Date on market: 1/16/2026
Total actual rent: 0

Price history

Date	Event	Price
8/1/2024	Sold	$650,000+8.5%$326/sqft
Source: MLS PIN #73253523 Report a problem
6/18/2024	Listed for sale	$599,000$301/sqft
Source: MLS PIN #73253523 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$6,936 +1.3%	$631,100 +2.4%
2024	$6,848 +0.3%	$616,400 +6.1%
2023	$6,827	$581,000
2022	$6,827 +7.1%	$581,000 +21.7%
2021	$6,375 -3.6%	$477,500 -5.7%
2020	$6,616 +20.4%	$506,600 +22.5%
2019	$5,493 +1.8%	$413,600 +3.8%
2018	$5,396 +5.9%	$398,500 +11%
2017	$5,094 +2.5%	$359,000 +2.5%
2016	$4,971 +1.7%	$350,100 +6.8%
2015	$4,887 +2.2%	$327,800 +1.8%
2014	$4,782 +2.1%	$322,000
2013	$4,682 -0.8%	$322,000 -5%
2012	$4,722 +3.9%	$339,000
2011	$4,543 +1.8%	$339,000 -7.2%
2010	$4,464 +4.3%	$365,300 -4.3%
2009	$4,280 +1.9%	$381,800 -5.5%
2008	$4,201 +5.2%	$403,900 -5.7%
2007	$3,992 +3.4%	$428,300 +9.8%
2006	$3,860 +5.7%	$389,900 +9.8%
2005	$3,651 +4.3%	$355,200 +10.8%
2004	$3,500 +8.3%	$320,500 +24.1%
2003	$3,231 +4.9%	$258,300 +8.3%
2002	$3,081 -0.8%	$238,500 +35.6%
1998	$3,106	$175,900