14 days on rocket

400 Salem Rd, Dracut, MA, 01826

$599,900

Home List Price

$7,124*

Closing Credit

4 Bedrooms
1 Full Bath, 1 Partial
1,968 SqFt
$305/SqFt
House
Schools Nearby

Location

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400 Salem Rd, Dracut$599,900

Buyer Closing Credits

$7,124*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached, Off Street
Garage2 spaces
Year Built1958
HeatingBaseboard, Oil
CoolingNone
BasementYes
MLS #73237593
Lot Size5.27 Acres
StatusActive
(Price Changed)

About 400 Salem Rd

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.

Property Details

Property Features

Property Information:

  • Architectural Style: Cape
  • Year Built: 1958
  • Living Area: 1,968 SqFt

Listing Office:

  • Office Name: Lyv Realty
  • Listing Agent: The Decotis Group

Interior Features

Interior Information:

  • Appliances: Oven, Range, Refrigerator
  • Basement: Yes
  • Flooring Type: Carpet, Laminate, Hardwood

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Porch - Enclosed, Porch - Screened, Storage

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Detached, Off Street

Lot Features

Lot Information:

  • Lot: Wooded
  • Lot Size: 5.27 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, Oil
  • Cooling: None

Other

Directions Information:

  • Directions: Tyler St to Salem Rd

Price Information

Listing Price Info

Price Summary:

  • List Price: $599,900
  • Price Per SqFt: $305/SqFt

Agent Commission:

  • Buyer's Agent Commission: 2%

Tax Information:

  • Annual Amount: $5,248
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Dracut, MA.

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Dracut, MA

City

Med. Sold Price

$495K

Med. Price/SqFt

$309

Avg. Days On Market

15

# of Sold Homes

17

400 Salem Rd vs Dracut

14 DAYS ON ROCKET

-1 Day

$599,900

+$104.9K More

$305/SqFt

-$4 Less

KEY TAKEAWAY

This property is $104.9K more than the Median Sold Price and $4/SqFt less than other homes in Dracut, MA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MLS Property Information Network
  • MLS Number: #73237593

Listing Office:

  • Office Name: Lyv Realty
  • Listing Agent: The Decotis Group

IDX Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information 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. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.

Last updated on: 5/29/2024, 12:55:32 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$5,248$403,400
2020$5,173$387,500
2019$5,397$392,500
2018$4,929$348,600
2017$4,646$320,400

History based on county public records data.

Payment Calculator

$3,062

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,865

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4238703
4
/10

  • Dr. L. F. Soule School

  • 173 S Policy St

  • 3.41 miles

  • Public District Grades KG-5

school-card-donut-4238704
4
/10

  • Joseph A Campbell Elementary School

  • 1021 Methuen St

  • 3.75 miles

  • Public District Grades PK-4

school-card-donut-4238705
1
/10

  • Community Day Arlington

  • 150 Arlington St

  • 3.85 miles

  • Public District Grades KG-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $92,655. The most common annual income of people living in Dracut, MA is between $35k-100k. The most common type of family is married, with kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 400 Salem Rd

What is the listing price of this property?

The listing price of 400 Salem Rd property is $599,900.

What type of property is this?

The property 400 Salem Rd is a house located in Dracut, Massachusetts, 01826.

Is this property for sale now?

Active Listing: 400 Salem Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $5,248 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 400 Salem Rd has 4 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 400 Salem Rd is 1,968 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 400 Salem Rd is 1958.

Rocket Homes›Massachusetts›Middlesex County›Dracut›01826›400 Salem Rd

This home is located at 400 Salem Rd in Dracut, MA and zip code 01826. This 1,968 square foot home, which was built in 1958, sits on a 5.27 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 14, 2024 and is currently priced at $599,900.

In April 2024 more than 14 listings in Dracut, MA were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 1 were sold below. The number of homes for sale in Dracut, MA increased by 16.7% between March 2024 and April 2024. While the average time on the market in April 2024 was 15 days, the median list price was $495,000.

From Rocket Homes Real Estate and based on county public records data.

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