Sold
Last Sold Price
4 beds1,968 sqft

400 Salem Rd, Dracut, MA 01826

Single FamilyProperty Type
5.27 acresLot Size
1958Year Built
$290/sq ftPrice per sq ft
5 carsParking Spaces

Description

Attention all builders and investors! This is a rare opportunity to acquire two parcels of land totaling 5.27 acres, offering endless potential for development and investment in a prime location. The front lot features an existing house awaiting renovation, presenting the perfect canvas for your vision. A 10-foot variance is needed to make it buildable, opening the door to countless possibilities for expansion or redevelopment. Beyond the existing structure lies vast acreage, providing ample space...Attention all builders and investors! This is a rare opportunity to acquire two parcels of land totaling 5.27 acres, offering endless potential for development and investment in a prime location. The front lot features an existing house awaiting renovation, presenting the perfect canvas for your vision. A 10-foot variance is needed to make it buildable, opening the door to countless possibilities for expansion or redevelopment. Beyond the existing structure lies vast acreage, providing ample space for additional construction or subdivision, subject to necessary approvals. Whether you're looking to create a residential community, this expansive land offers the flexibility to bring your ideas to life. Don't miss this rare chance to capitalize on the booming real estate market and secure your foothold in this desirable location.
  • Listed by: The Decotis Group • Lyv Realty
  • Listed by: Ashley Decotis • Lyv Realty
  • Listed by: Jamie DeCotis • Lyv Realty
Listing closed: 08/09/2024 12:00 AM • Source: MLS PIN, MLS#: 73237593
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Recent comparable sales

Median sold price

$669,000

Avg days on market

35

Sale-to-list ratio

99.2%

Dracut, MA

9 comparable properties found

$670,000 | 54 Methuen Road, Dracut, MA 01826
1/42
1

$670,000

Sold 03/09/26

4
Bedrooms
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Square Feet
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Acres
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Bedrooms
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Square Feet
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Acres
$669,000 | 476 Pelham Road, Dracut, MA 01826
1/27
3

$669,000

Sold 09/25/26

4
Bedrooms
2,309
Square Feet
0.92
Acres
$575,000 | 335 Pelham Road, Dracut, MA 01826
1/31
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Sold 07/24/26

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Bedrooms
2,000
Square Feet
0.59
Acres
$615,000 | 99 Lincoln Lane, Dracut, MA 01826
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Sold 12/05/25

4
Bedrooms
2,036
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Acres
an aerial view of a house with yard and sitting area
1/37
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Sold 10/03/25

4
Bedrooms
1,700
Square Feet
0.95
Acres
a kitchen with stainless steel appliances granite countertop a refrigerator and a stove
1/33
7

$580,000

Sold 11/01/24

4
Bedrooms
2,092
Square Feet
0.38
Acres
an aerial view of houses with outdoor space
1/42
8

$733,000

Sold 06/18/25

4
Bedrooms
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Square Feet
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Acres
a front view of a house with garden
1/42
9

$720,000

Sold 12/27/24

4
Bedrooms
2,909
Square Feet
0.96
Acres

Location

Listing Courtesy of Lyv Realty, The Decotis Group; Lyv Realty, Ashley Decotis; Lyv Realty, Jamie DeCotis

Sold By Keller Williams Realty, Team Valdez Mejia

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Payment Calculator

$3,468 per month

30 year fixed, 7.03% Interest

Principal and Interest

$3,043

Property Taxes

$425

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.
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Property Information for 400 Salem Road

Property Details

  • Taxes: $5,098 / year
  • MLS Type: Single Family / Detached
  • Town: Dracut
  • Area: MA-Dracut
  • Architectural Style: Cape
  • Style: Cape
  • Garage Spaces: 2
  • Open Parking Spaces: 5.00
  • Parking Spaces Total: 5

Building Information

  • Year Built: 1958
  • Lot Size: 5.27 AC / 229,561 SF

General Details

Property Details
  • Building Area Units: Square Feet
  • Current Financing: Conv. Fixed
  • Living Area: 1968.0
  • Color: Yellow
  • SqFt with Basement: No
  • Property Attached: No
  • Single Family Type: Detached
  • Waterfront: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records

Features

Interior Features
  • Appliances: Oven, Range, Refrigerator
  • Basement Features: Bulkhead, Unfinished Basement
  • Num of Baths: 2.0
  • Num of Full Baths: 1
  • Num of Half Baths: 1
  • Bathrooms Total Decimal: 1.50
  • Bathrooms Total Integer: 2
  • FireplaceYN: Yes
  • Fireplaces: 1
  • Flooring: Carpet, Laminate, Hardwood
  • Laundry Features: Washer Hookup
  • SpaYN: No
Exterior Features
  • Exterior Features: Porch - Enclosed, Porch - Screened, Storage Shed
  • Exterior Features: Storage Shed, Porch - Screened
  • Lot Description: Wooded
  • Patio And Porch Features: Porch - Enclosed, Screened
Parking Features
  • Attached Garage: No
  • Carport: No
  • Covered Spaces: 2.00
  • Garage: Yes
  • Garage Parking: Detached, Off-Street
  • Parking Features: Detached, Off-Street
  • Parking Features: Off-Street
Utilities
  • Cooling: None
  • Cooling: No
  • Heating: Baseboard, Oil
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Utility Connections: Washer Hookup
  • Water: Private

Property Information

Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Disclosures: 10 Ft variance needed between the 2 lots to make lot buildable.
Tax Information
  • Tax ID: M:4 B:3 L:1,3506350
  • Assessments: $487,800
  • Book: 1868
  • Tax Year: 2024
  • Zoning: R1

Building / Association Information

Living Characteristics
  • Beds Total: 4
Other Building Characteristics
  • Foundation: Concrete Perimeter
Complex & Association Information
  • Adult Community: No

Market and Agent Information

Sale Info
  • Buyer Broker Comp: 2%
  • Other Agent Compensation: 0%

Property History for 400 Salem Road

DateEvent & SourcePriceAppreciation
Aug 9, 2024

Sold

MLS PIN #73237593

$570,000—
Jun 29, 2024

Canceled

MLS PIN #73237594

$599,900—
Jun 13, 2024

Under Agreement

MLS PIN #73237593

—
DateEvent & SourcePrice
08/09/2024

Sold

MLS PIN #73237593

$570,000
06/29/2024

Canceled

MLS PIN #73237594

$599,900
06/13/2024

Under Agreement

MLS PIN #73237593

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 400 Salem Road

Taxable Value

Land

$262,400

Additions

$318,600
Total$581,000

Tax Record

2026

$5,618 ($468 / month)

Home Facts

Beds

4

Baths

1.5

Total Finished SqFt

1,968 SqFt

Above Grade Finished SqFt

1,968 SqFt

Unfinished Basement SqFt

1,312 SqFt

Stories

2

Lot Size

94,090 SqFt

Style

Single Family Residence

Year Built

1958

Year Renovated

1958

Zoning

R1

County

MIDDLESEX

APN

DRAC M:4 B:3 L:1

Schools near 400 Salem Road

This home is within Methuen School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 9 to 12
Rating
School
Distance
Marsh Grammar School
PublicK to 8

Methuen High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 400 Salem Road, Dracut, MA 01826
$570,000
4
1,968
229,561
$199,900
2
1,008
34,800
–
–
–
–
–
$462,000
3
2,000
5,000
$154,000
2
1,040
5,550
$385,000
4
2,046
80,150

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Lyv Realty, The Decotis Group; Lyv Realty, Ashley Decotis; Lyv Realty, Jamie DeCotis

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.