7 Colby Rd
Danvers, MA 01923
3 bd 1 ba 1,008 sqft Built 1960 Lot 25,700 sqft single_family
Most recent sale
$515,000
Mar 4, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Mar 4, 2022 | Sold | $515,000 | MLS #72938823 |
| Feb 2, 2022 | Listed | $499,000 | MLS #72938823 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $186,900 | $410,600 | $597,500 | $6,550 |
| 2023 | $143,100 | $373,100 | $516,200 | $6,065 |
| 2022 | $124,800 | $338,500 | $463,300 | $5,865 |
| 2021 | $105,000 | $320,700 | $425,700 | $5,683 |
| 2020 | $98,100 | $316,900 | $415,000 | $5,420 |
| 2019 | $98,100 | $288,100 | $386,200 | $5,129 |
| 2018 | $86,500 | $285,200 | $371,700 | $5,033 |
| 2017 | $85,200 | $249,200 | $334,400 | $4,745 |
| 2016 | $81,000 | $237,700 | $318,700 | $4,526 |
| 2015 | $74,300 | $216,100 | $290,400 | $4,330 |
| 2014 | $70,900 | $216,100 | $287,000 | $4,262 |
| 2006 | $107,900 | $214,600 | $322,500 | $3,193 |
| 2005 | $95,100 | $204,600 | $299,700 | $3,081 |
| 2004 | $95,100 | $194,500 | $289,600 | $3,162 |
| 2003 | $75,100 | $146,600 | $221,700 | $2,773 |
Property facts
Year built
1960
Property type
single_family
Stories
—
Beds
3
Baths
1
Living area
1,008 sqft
Lot size
25,700 sqft
ZIP code
01923
City
Danvers
Street
Colby Rd
Coordinates
42.58698, -70.92911
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,923
Gross rental yield
6.81%
Implied cap rate
4.43%
Trend-extrapolated value
—
Frequently asked questions
When did 7 Colby Rd last sell?
7 Colby Rd most recently sold on Mar 4, 2022 for $515,000.
What is the current tax assessment for 7 Colby Rd?
The most recent total assessment for 7 Colby Rd (year 2024) is $597,500 with $6,550 in property tax.
How does 7 Colby Rd's assessment compare to its last sale price?
The current assessment is 16.0% above the last sale price of $515,000.
When was 7 Colby Rd built?
7 Colby Rd was built in 1960.
How does 7 Colby Rd compare to others on Colby Rd?
We track 6 other properties on Colby Rd. Browse the list under "Other properties on Colby Rd" to compare beds, baths, and sale history.
What are the property facts for 7 Colby Rd?
7 Colby Rd is a 3 bed, 1 bath, 1,008 sqft, 25,700 sqft lot single_family.
Is 7 Colby Rd a flip candidate?
No — 7 Colby Rd does not appear in our flips dataset.
Is 7 Colby Rd a tax-appeal candidate?
No — 7 Colby Rd is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+2.5%
Implied 1-yr
+10.0%
2026 Q3
$842.7K
2026 Q4
$860.9K
ZIP 01923 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Colby Rd