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38 Forest St

Danvers, MA 01923

4 bd 2 ba 2,287 sqft Built 1850 Lot 19,602 sqft multi_family
Most recent sale
$420,000
Apr 26, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 24, 2024 Listing removed MLSPIN
Apr 5, 2024 Price changed $734,900 MLSPIN
Mar 15, 2024 Listed $759,900 MLSPIN
Apr 26, 2023 Sold $420,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $348,500 $383,300 $731,800 $7,507
2023 $285,700 $348,300 $634,000 $7,450
2022 $240,800 $316,000 $556,800 $7,049
2021 $218,300 $299,300 $517,600 $6,910
2020 $248,200 $295,800 $544,000 $7,105
2019 $182,100 $269,000 $451,100 $5,991
2018 $168,000 $266,300 $434,300 $5,880
2017 $147,000 $232,600 $379,600 $5,387
2016 $147,000 $221,900 $368,900 $5,238
2015 $147,100 $201,700 $348,800 $5,201
2014 $141,100 $201,700 $342,800 $5,091
2006 $198,100 $200,400 $398,500 $3,945
2005 $170,700 $191,000 $361,700 $3,718
2004 $143,300 $181,500 $324,800 $3,547
2003 $118,900 $136,900 $255,800 $3,200

Property facts

Year built
1850
Property type
multi_family
Stories
3
Beds
4
Baths
2
Living area
2,287 sqft
Lot size
19,602 sqft
ZIP code
01923
City
Danvers
Street
Forest St
Coordinates
42.57458, -70.96103

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,520
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 38 Forest St last sell?
38 Forest St most recently sold on Apr 26, 2023 for $420,000.
What is the current tax assessment for 38 Forest St?
The most recent total assessment for 38 Forest St (year 2024) is $731,800 with $7,507 in property tax.
How does 38 Forest St's assessment compare to its last sale price?
The current assessment is 74.2% above the last sale price of $420,000.
When was 38 Forest St built?
38 Forest St was built in 1850.
How does 38 Forest St compare to others on Forest St?
We track 8 other properties on Forest St. Browse the list under "Other properties on Forest St" to compare beds, baths, and sale history.
What are the property facts for 38 Forest St?
38 Forest St is a 4 bed, 2 bath, 2,287 sqft, 19,602 sqft lot multi_family.
Is 38 Forest St a flip candidate?
No — 38 Forest St does not appear in our flips dataset.
Is 38 Forest St a tax-appeal candidate?
Yes — 38 Forest St appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+1.3%
Implied 1-yr
+5.0%
2026 Q3
$635.6K
2026 Q4
$643K
ZIP 01923 — Median Price History + Forecast

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