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20 Central Ave, Danvers MA 01923

Danvers, MA 01923
$685,000
Est. $4,195/month
4
Beds
2
Baths
1,740
Sq Ft
$394
Price/Sq Ft
0.09
Acres
1920
Year Built
21
Days on Market
Closed Listed Jan 7, 2025 • MLS# 73323769 Copied!

About this home

Beautiful two-family home located just outside Danvers Square, offering a fantastic opportunity for owner-occupants or investors. This property features a cozy one-bedroom, one-bathroom unit on the first floor and a spacious three-bedroom, one-bathroom townhouse-style unit spanning the second and third floors. A detached garage adds valuable storage or parking options, enhancing the property’s appeal. Both units will be delivered vacant upon sale, providing immediate occupancy or rental potential. Situated in a desirable neighborhood close to shops, restaurants, and public transportation, this home perfectly combines charm and convenience.

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Property Overview

Property Type
Multi Family
Listing Type
For Sale
Year Built
1920
Bedrooms
4
Full Bathrooms
2
Living Area
1,740 sq ft
Total Rooms
9
Stories
3
Levels
3

Sale Statistics

Sale Overview
Original List Price: $659,900
Final Sale Price: $685,000
Difference: +$25,100 (+3.8%)
Performance Metrics
103.8%
List to Sale Ratio
Sold above asking price
21
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $379
Sale $/sq ft: $394
This property sold for $394 per square foot
Sale Summary

This property sold for 3.8% above the original asking price, indicating strong buyer demand.

With only 21 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

1 Car Garage

Home Facts

Type Residential Income
Style Multi Family
Year Built 1920
Living Area 1,740 sq ft
Lot Size 0.09 acres
Bedrooms 4
Full Baths 2
Total Rooms 9

Interior

Heating Baseboard, Natural Gas, Forced Air, Electric, Oil
Cooling None
Flooring Wood, Vinyl, Varies
Appliances None
Fireplace None
Fireplaces 1
Basement Full, Interior Entry, Unfinished
Laundry Electric Dryer Hookup, Washer Hookup
Features Living Room, Kitchen

Exterior

Construction Frame
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing None
Patio/Porch Porch, Deck, Deck - Wood

Parking

Garage Spaces 1
Has Garage Yes
Features Paved Drive, Off Street
Total Spaces 5

Utilities

Electric 100 Amp Service
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Dryer, Washer Hookup

Financial

Annual Tax $6,376
Assessed Value $542,600

Interior Features

Flooring: Wood, Vinyl, Varies
Appliances:
Interior Features: Living Room, Kitchen
Windows:
Basement: Full, Interior Entry, Unfinished
Laundry: Electric Dryer Hookup, Washer Hookup
Security:

Construction & Materials

Year Built: 1920
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Stone
Stories: 3

Heating, Cooling & Utilities

Heating: Baseboard, Natural Gas, Forced Air, Electric, Oil
Cooling:
Hot Water: Natural Gas, Tank
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch: Porch, Deck, Deck - Wood
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Garage Spaces: 1
Total Parking Spaces: 5
Parking Features: Paved Drive, Off Street

Special Features

Fireplaces: 1
Fireplace Type:
Community Amenities: Public Transportation, Shopping, Park, Medical Facility, Bike Path, Highway Access, House of Worship, Private School, Public School

Location

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Neighborhood

20 Central Ave, Danvers MA 01923

Danvers, MA 01923

Walkability

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Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $531
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Market Insights

3.7%
Price Range
23
Total Days on Market

Property Timeline

Sold
Apr 28, 2025
$685,000
Property sold
Days on Market: 23
🏠
Listed for Sale
Jan 7, 2025
$659,900
Original listing
Agent: Herrick Lutts Realty Partners Office: Herrick Lutts Realty Partners

Price & Status History

Date Event Price Change
Mar 5, 2026 Sold $749,999
Jan 7, 2025 New Listing Added $659,900

Market Statistics

Days on Market
21 days
Price per Sq Ft
$394

Tax History

Year Taxes Assessment
2023 $6,376 $542,600

Financial Details

Annual Property Tax
$6,376
Tax Year 2023
Assessed Value
$542,600

Listing Information

Listing Agent Herrick Lutts Realty Partners
Listing Office Herrick Lutts Realty Partners
Agent MLS ID TM312527
Office MLS ID AN6507
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Market Analytics for Danvers, MA

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Steven Novak

Steven Novak

BMN Boston Real Estate

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