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16 Porter Street

16 Porter Street, Wenham, MA 01984
Property in Wenham
Sold Apr 28, 2017
$712,000
$640,800 by Us Bank Na
Mortgage Due Apr 28, 2047
Sold Jul 15, 2016
$429,000
$349,000 by Rs Lending Inc
Mortgage
16 Porter Street has been categorized by the local assessors in Wenham, MA as a residential type of property. The building on the property was first built in 1951 and is 73 years old. The home has a total of 8 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 16 Porter Street has 2,201 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 19,515 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a Cape Cod style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as excellent. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The building has a gable style roof made of asphalt. The exterior walls of the building are made of wood siding. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 16 Porter Street sold most recently in Jan 1, 1970 for a total of $712,000. If you work out the math, that's approximately a cost of $323.49 per sqft. Before that, the property was also sold for $429,000 in Jan 1, 1970. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $14,947 in taxes each year. 16 Porter Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $861,500. If we break it down further, the land itself was valued at $494,100. Improvements to the property, however, were assessed at a total of $367,400. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Outdoor Space

Garden

Parking

Attached Garage
Off Street Parking

Facilities

Storage Available

Condition

Level Lot
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Excellent
  • Construction Type: Frame
  • Building Style: Cape Cod
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 1,134
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 19,515
  • Total Building Area: 2,201
  • Gross Building Area: 4,855
  • Building Area: 2,201
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,201
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.448
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : BOWERS NATALIE
  • Current Owner 2: BOWERS ALEXANDER J
  • Previous Owner : NEW LIFE PROPERTY GROU
  • Owner Before Previous Owner: 16 PORTER STREET NT
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Hamilton-Wenham School District
  • School Tax School District: HAMILTN-WENHAM
  • Census Tract: 216100

Geography

  • Account Number: 320
  • Parcel: WENH M:13 L:73
  • Lot: 73
  • Municipality: WENHAM
  • Latitude: 42.6102
  • Longitude: -70.8852

    Address

  • Full Address: 16 Porter St
  • Address - House Number: 16
  • Address - Street Name: Porter
  • Address - Suffix Type: St
  • State: MA
  • City Name: Wenham
  • Carrier Code: C003
  • 4-Digit Zip Code: 1426
  • Zip Code: 01984

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $14,947

    Appraisal Valuation

  • Standard Deviation: 0.1532
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 1,076,758
  • High Value: 1,241,776
  • Low Value: 911,739

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $640,800
  • First Open Lien Mortgage Lender: US BANK NA
  • First Open Lien Mortgage Recording Date: Apr 28, 2017
  • First Open Lien Mortgage Loan Amount: $640,800
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Apr 28, 2047

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $861,500
  • Assessed Land Value: $494,100
  • Assessed Improvements Value: $367,400

    Sales

  • Current Sale Recording Date: Apr 28, 2017
  • Current Sale Transaction ID: 1811558334
  • Current Sale Price: $712,000
  • Current Sale Document Type: Quit Claim Deed (arm's length)
  • Current Sale Input Document Number: 203
  • Previous Sale Recording Date: Jul 15, 2016
  • Previous Sale Amount: $429,000
  • Previous Sale Document Type: Quit Claim Deed (arm's length)

    Last Sale Mortgage

  • First Mortgage Lender: US BANK NA
  • First Mortgage Transaction Date: Apr 28, 2017
  • First Mortgage Loan Amount: $640,800
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Apr 28, 2047

    Previous Mortgages

  • Previous Mortgage Lender: RS LENDING INC
  • Previous Mortgage Transaction Date: Jul 15, 2016
  • Previous Mortgage Loan Amount: $349,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Essex



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at

$2,700 /mo

  • Studio
Listing by Raquel Lavender

Frequently Asked Questions

What neighborhood is 16 Porter Street located in?
The 16 Porter Street is a located in the neighborhood of Wenham in Essex, Wenham.
What is the average sales price for listings in 16 Porter Street?
The average sales price for units in 16 Porter Street is $0 currently.

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