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16 School St

Danvers, MA 01923

4 bd 2 ba 2,302 sqft Built 1877 Lot 6,708 sqft multi_family
Most recent sale
$659,900
Dec 16, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 16, 2021 Sold $659,900 MLS #72921371
Nov 18, 2021 Listed $659,900 MLS #72921371
Sep 16, 2016 Sold $425,000 MLS #72040823
Jul 20, 2016 Listed $424,900 MLS #72040823
May 4, 2016 Listing removed $424,900 MLSPIN
Mar 21, 2016 Relisted $424,900 MLS #71947150
Mar 13, 2016 Listing removed $449,900 MLSPIN
Jan 29, 2016 Price changed $449,900 MLS #71947150
Jan 19, 2016 Price changed $459,900 MLS #71947150
Jan 9, 2016 Listed $489,900 MLS #71947150
Dec 15, 1989 Sold $30,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $375,100 $333,700 $708,800 $7,451
2023 $340,400 $291,200 $631,600 $7,421
2022 $278,400 $264,700 $543,100 $6,876
2021 $252,800 $252,000 $504,800 $6,739
2020 $287,000 $252,000 $539,000 $7,039
2019 $210,000 $218,700 $428,700 $5,693
2018 $194,300 $218,700 $413,000 $5,592
2017 $170,300 $199,100 $369,400 $5,242
2016 $170,300 $189,900 $360,200 $5,115
2015 $150,000 $166,900 $316,900 $4,725
2014 $142,200 $166,900 $309,100 $4,590
2006 $217,900 $194,900 $412,800 $4,087
2005 $187,100 $186,100 $373,200 $3,836
2004 $156,300 $177,200 $333,500 $3,642
2003 $129,300 $133,300 $262,600 $3,285

Property facts

Year built
1877
Property type
multi_family
Stories
3
Beds
4
Baths
2
Living area
2,302 sqft
Lot size
6,708 sqft
ZIP code
01923
City
Danvers
Street
School St
Coordinates
42.56781, -70.93559

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
$6,676
Gross rental yield
12.14%
Implied cap rate
7.89%
Trend-extrapolated value

Frequently asked questions

When did 16 School St last sell?
16 School St most recently sold on Dec 16, 2021 for $659,900.
What is the current tax assessment for 16 School St?
The most recent total assessment for 16 School St (year 2024) is $708,800 with $7,451 in property tax.
How does 16 School St's assessment compare to its last sale price?
The current assessment is 7.4% above the last sale price of $659,900.
When was 16 School St built?
16 School St was built in 1877.
How does 16 School St compare to others on School St?
We track 8 other properties on School St. Browse the list under "Other properties on School St" to compare beds, baths, and sale history.
What are the property facts for 16 School St?
16 School St is a 4 bed, 2 bath, 2,302 sqft, 6,708 sqft lot multi_family.
Is 16 School St a flip candidate?
No — 16 School St does not appear in our flips dataset.
Is 16 School St a tax-appeal candidate?
No — 16 School St is not currently flagged as a tax-appeal candidate.

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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