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Backup Offers

516 Summer St, Manchester, MA, 01944

$1,595,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
3 Full Baths, 1 Partial
3,238 SqFt
$493/SqFt
House
Schools Nearby

Location

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516 Summer St, Manchester$1,595,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingDetached, Garage Door Opener, Workshop in Garage, Paved Drive, Off Street, Paved
Garage5 spaces
Year Built1900
HeatingBaseboard, Radiant, Oil
CoolingMulti Unit(s), Ductless
BasementYes
WaterfrontBeach, Ocean Front, Public
FireplaceFamily Room, Living Room
Private PoolYes
MLS #73231676
Lot Size0.83 Acres
StatusAccepting Backup Offers
(Contingent)

About 516 Summer St

Beautiful open concept colonial in a wonderful Manchester-By-the-Sea location near Black, White and Magnolia beaches as well as Coolidge Reservation. This stylish and tastefully renovated home sits on a manicured .83 acre lot graced with in-ground heated swimming pool, large flat fenced in yard, 2 car garage plus another 3 bay separate detached heated garage with one bay currently being used as a home gym. The interior is open and bright with gorgeous great room with gas fireplace with access to a spacious deck. You will find a gorgeous kitchen, dining area and a separate living room all beautifully maintained and perfect for everyday living. The second level has an amazing main suite plus two more bedrooms, one of which is an en-suite space. The third bedroom is serviced by an additional full bath with laundry. Open houses will be held on Saturday May 4, 11-1; Sunday May 5, 2-4. ***Sellers request a closing date of on or after August 1, 2024.***

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1900
  • Living Area: 3,238 SqFt

Listing Office:

  • Office Name: J. Barrett & Company
  • Listing Agent: Emily McPherson

Interior Features

Interior Information:

  • Appliances: Water Heater, Oven, Dishwasher, Trash Compactor, Microwave, Range, Refrigerator, Water Purifier
  • Basement: Yes
  • Flooring Type: Tile, Carpet, Marble, Hardwood, Stone / Slate, Flooring - Stone/Ceramic Tile
  • Interior: Bathroom - Full, Bathroom - Tiled With Tub & Shower, Countertops - Stone/Granite/Solid, Recessed Lighting, Vaulted Ceiling(s), Closet/Cabinets - Custom Built, Lighting - Pendant, Closet - Double, Window Seat, Bathroom, Mud Room, Wired for Sound
  • Fireplace: Family Room, Living Room

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: Beach, Ocean Front, Public
  • Exterior: Porch, Deck - Composite, Patio, Covered Patio/Deck, Balcony, Pool - Inground Heated, Rain Gutters, Professional Landscaping, Sprinkler System, Fenced Yard, Outdoor Shower

Parking Information:

  • Garage Space: 5 spaces
  • Attached Garage: No
  • Parking: Detached, Garage Door Opener, Workshop in Garage, Paved Drive, Off Street, Paved

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.83 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, Radiant, Oil
  • Cooling: Multi Unit(s), Ductless

Other

Directions Information:

  • Directions: Route 128 to Exit 50 towards School St. Turn left on Lincoln St and left onto Summer St/route 127

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,595,000
  • Price Per SqFt: $493/SqFt

Agent Commission:

  • Buyer's Agent Commission: 2.0

Tax Information:

  • Annual Amount: $10,703
  • Tax Year: 2021
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MLS Details

MLS Information:

  • MLS Name: MLS Property Information Network
  • MLS Number: #73231676

Listing Office:

  • Office Name: J. Barrett & Company
  • Listing Agent: Emily McPherson

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: 5/15/2024, 2:20:33 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 31, 2001Home Sold
$575,000
Jan 31, 2001Home Sold
$575,000
Dec 18, 1996Home Sold
$405,000
Dec 18, 1996Home Sold
$405,000
Dec 30, 1991Home Sold
$310,000
Dec 30, 1991Home Sold
$310,000

Tax History

YEARPROP. TAXASSESSMENT
2021$10,703$973,900
2020$11,087$947,600
2019$10,262$913,800
2018$10,079$913,800
2017$9,544$867,600

History based on county public records data.

Payment Calculator

$8,028

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,848

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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-1477326
9
/10
  • Manchester Memorial Elementary School

  • 43 Lincoln St

  • 2.02 miles

  • Public District Grades PK-5

school-card-donut-1477327
5
/10
  • West Parish

  • 10 Concord St

  • 2.77 miles

  • Public District Grades KG-5

school-card-donut-1477328
8
/10
  • East Gloucester Elementary School

  • 8 Davis Street Ext

  • 4.48 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $130,319. The majority of Essex County, MA residents have income between $100k-200k annually. Typical family type is married, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 516 Summer St

What is the listing price of this property?

The listing price of 516 Summer St property is $1,595,000.

What type of property is this?

The property 516 Summer St is a house located in Manchester, Massachusetts, 01944.

Is this property for sale now?

Accepting Backup Offers: 516 Summer St is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $10,703 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on January 31, 2001 for $575,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 516 Summer St has 3 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 516 Summer St is 3,238 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 516 Summer St is 1900.

Rocket Homes›Massachusetts›Essex County›Manchester›01944›516 Summer St

This home is located at 516 Summer St in Manchester, MA and zip code 01944. This 3,238 square foot home, which was built in 1900, sits on a 0.83 acre lot. Features: 3 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since May 01, 2024 and is currently priced at $1,595,000.

In April 2024, from all listings sold in Essex County, MA there were more than 288 sold above asking price, over 111 sold below and more than 35 were sold right at the asked price. The number of homes for sale in Essex County, MA increased by 19.5% between March 2024 and April 2024. Listings spent 25 days on the market in April 2024, and had a median list price of $629,695 during the same period.

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

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