Sold
Last Sold Price
4 beds1,968 sqft$290/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

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

$3,322 per month

30 year fixed, 6.55% Interest

Principal and Interest

$2,897

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 ValueLand$241,000Additions$283,900Total$524,900
Tax Record2025$5,312 ($443 / month)
Home Facts
Beds4Baths1.5Total Finished SqFt1,968 SqFtAbove Grade Finished SqFt1,968 SqFtUnfinished Basement SqFt1,312 SqFtStories2Lot Size94,090 SqFtStyleSingle Family ResidenceYear Built1958Year Renovated1958ZoningR1CountyMIDDLESEXAPNDRAC 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.