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.
Sold for $570,000 on 08/09/24
$570,000
400 Salem Rd, Dracut, MA 01826
4beds
1,968sqft
Single Family Residence
Built in 1958
5.27 Acres Lot
$728,200 Zestimate®
$290/sqft
$3,692 Estimated rent
Home value
$728,200
$641,000 - $823,000
$3,692/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: August 10, 2024 at 08:15am
Listed by:
The Decotis Group 978-210-3030,
Lyv Realty 978-533-8000
Bought with:
Team Valdez Mejia
Keller Williams Realty
Source: MLS PIN,MLS#: 73237593
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Heating
- Baseboard, Oil
Cooling
- None
Appliances
- Laundry: Washer Hookup
Features
- Flooring: Carpet, Laminate, Hardwood
- Basement: Bulkhead,Unfinished
- Number of fireplaces: 1
Interior area
- Total structure area: 1,968
- Total interior livable area: 1,968 sqft
Property
Parking
- Total spaces: 7
- Parking features: Detached, Off Street
- Garage spaces: 2
- Uncovered spaces: 5
Features
- Patio & porch: Porch - Enclosed, Screened
- Exterior features: Porch - Enclosed, Porch - Screened, Storage
Lot
- Size: 5.27 Acres
- Features: Wooded
Details
- Parcel number: M:4 B:3 L:1,3506350
- Zoning: R1
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cape
- Property subtype: Single Family Residence
Materials
- Foundation: Concrete Perimeter
Condition
- Year built: 1958
Utilities & green energy
- Sewer: Public Sewer
- Water: Private
- Utilities for property: Washer Hookup
Community & neighborhood
Location
- Region: Dracut
Price history
| Date | Event | Price |
|---|---|---|
| 8/9/2024 | Sold | $570,000-5%$290/sqft |
Source: MLS PIN #73237593 | ||
| 6/16/2024 | Contingent | $599,900$305/sqft |
Source: MLS PIN #73237593 | ||
| 5/28/2024 | Price change | $599,900-14.3%$305/sqft |
Source: MLS PIN #73237594 | ||
| 5/14/2024 | Listed for sale | $699,900$356/sqft |
Source: MLS PIN #73237593 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,312 +4.2% | $524,900 +7.6% |
| 2024 | $5,098 +3.6% | $487,800 +14.8% |
| 2023 | $4,922 +1.9% | $425,000 +8.1% |
Find assessor info on the county website
Neighborhood: 01826
Nearby schools
GreatSchools rating
- 7/10Joseph A Campbell Elementary SchoolGrades: PK-5Distance: 3.8 mi
- 5/10Justus C. Richardson Middle SchoolGrades: 6-8Distance: 5.4 mi
- 4/10Dracut Senior High SchoolGrades: 9-12Distance: 5.3 mi
Get a cash offer in 3 minutes
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Estimated market value
$728,200
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$728,200