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CondominiumResidential

62 Purchase St

DANVERS, MA 01923
1.34 ac
Lot SizeThe size of the land the home sits on, from county records.
1980
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.
Built 198024 units655–820 ft²
$7.4M
All units combinedThe sum of our current value estimates for every unit in the building — roughly what the whole building's homes are worth together.
$303K
Median unit valueThe middle unit value in this building by our estimate: half the units are worth more, half less.
$435
Median $/ft²The middle price per square foot across the building's units, by our current estimates. Useful for comparing units of different sizes.

+27.3%vs the Danvers ZIP median sale $/ft² ($342)

Sales Performance

—
Median sale (12 mo)The middle sale price among this building's units that sold in the last 12 months, from recorded deeds.
—
1-yr changeHow the building's median sale price over the last 12 months compares with the 12 months before that.
0
Sales (12 mo)Units in this building that sold in the last 12 months, from recorded arms-length deeds.
0.0%
Turnover (12 mo)The share of units that changed hands in the last 12 months. Around 4–6% a year is typical; much higher can signal investor churn or a wave of exits.
This building's own appreciationThe building's own appreciation: for every unit that sold twice (held over a year), we compute its yearly price change between the two sales and take the middle value. This is the cleanest read on how this specific building performs, because it compares each unit to itself.
+6.0%per yeartypical hold 6.3 yrsfrom 49 same-unit resales
Median sale price (yearly, all time)Every recorded arms-length sale in the building since records begin, grouped by year: the bars count sales and the line tracks the median price paid.MedianSales
19871993199920042010201520192025
Sale price per ft² (yearly, all time)The middle price per square foot across the building's units, by our current estimates. Useful for comparing units of different sizes.$/ft²
19871993199920042010201520192025

73 arms-length sales on record for this building.

Unit Mix & Floor PlansThe building's recurring floor plans, found by grouping units with identical beds, baths and square footage in county records. Larger groups are the building's standard layouts; leftover units have one-off sizes.

Every unit: size vs estimated valueEvery unit in the building as one dot: across is its size, up is our current value estimate, and color is its bedroom count. Vertical columns of dots are recurring floor plans; the height spread within a column shows how much floor, view and condition move prices for the same layout.
$285K$305K$325K$345K655 ft²688 ft²721 ft²754 ft²787 ft²820 ft²
1 bd2 bd
1 bed
14 units
2 bed
10 units
Recurring floor plansThe building's recurring floor plans, found by grouping units with identical beds, baths and square footage in county records. Larger groups are the building's standard layouts; leftover units have one-off sizes.
2 bd · 1 ba · 820 ft²
9 units
1 bd · 1 ba · 660 ft²
8 units
1 bd · 1 ba · 655 ft²
4 units
One-off layouts
3 units

Value DistributionHow the building's units spread across value ranges by our current estimates. A wide spread usually means big differences in size, floor or view.

$285K–$292K
5 units
$294K–$299K
6 units
$303K–$304K
3 units
$309K–$313K
3 units
$317K–$317K
2 units
$327K–$329K
2 units
$330K–$333K
2 units
$345K–$345K
1 unit

Ownership & Financing

Owner-occupiedThe share of units where the owner lives in the unit, per county records. The rest are second homes or rentals.67%
Company-ownedUnits owned through an LLC, trust, or other company — a rough proxy for investor ownership.8%
Typical owner tenureThe middle number of years since each unit last changed hands — how long the current owners have been in place.8.1 yrs
Cash purchases (5 yrs)The share of purchases in the last 5 years with no mortgage recorded. High cash share is common in second-home and investor buildings.33%
Avg. loan-to-valueAverage current loan balance against unit value across the building. Low numbers mean owners hold lots of equity — a sign of financial stability.38%
Median owner equityThe middle dollar amount of equity (value minus loans) unit owners hold in this building.$312,967
Median tax billThe middle annual property tax bill among the building's units.$2,934
Pre-foreclosure noticesUnits with an active pre-foreclosure or foreclosure notice on file.0

Recent SalesThe latest recorded arms-length sales in the building, newest first.

Unit C2May 9, 2025$316,000Unit C5May 15, 2024$325,000Unit C5Apr 5, 2024$300,000Unit A1Sep 12, 2023$280,000Unit B7Aug 9, 2023$282,000Unit B2Jun 20, 2023$257,000Unit B2Apr 20, 2021$233,500Unit A8Nov 20, 2020$250,000Unit C7Oct 22, 2020$230,000Unit B8Aug 31, 2020$250,000

Values are TopHap estimates, not appraisals. Sales, ownership and tax figures come from recorded county documents via ATTOM and can lag by several weeks.

Climate Risk

Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.103 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.86%
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.1 percent flood zone

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Condominium
StyleThe architectural style of the home, such as ranch or colonial.Condo/Apartment
CountyESSEX
ConstructionThe main material the home's frame and walls are built from.Frame (Unspecified)
RoofThe main material covering the roof, such as asphalt shingle or tile.Asphalt
HeatingThe type of heating system in the home.Hot Water
PoolWhether the property has a pool, and what kind, such as in-ground.No

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

M
Holten Richmond Middle SchoolC
Middle · Grades 6–8 · 0.8 mi
E
Great Oak Elementary SchoolB-
Elementary · Grades KG–5 · 1.1 mi
H
Danvers High SchoolC+
High · Grades 9–12 · 1.8 mi

District: Danvers School District

Neighborhood · ZIP 01923These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.88
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.99
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.86

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.95%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.30%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.3.9%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.3%
PopulationHow many people live in this area.28,401
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.2,004 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$113,526
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$139,223
Average tempThe average temperature here across a full year.49°F
Annual precipHow much rain and melted snow falls here in a typical year.47 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.58%

All UnitsEvery property record the county has at this street address, such as the units in a condo building. Prices shown are our estimates, not asking prices.

62 Purchase St # A1
2 bd · 1 ba · 815 ft²
$299K
62 Purchase St # B1
2 bd · 1 ba · 820 ft²
$299K
62 Purchase St # C1
2 bd · 1 ba · 820 ft²
$317K
62 Purchase St # A2
1 bd · 1 ba · 660 ft²
$303K
62 Purchase St # B2
1 bd · 1 ba · 660 ft²
$290K
62 Purchase St # C2
1 bd · 1 ba · 655 ft²
$327K
62 Purchase St # A3
1 bd · 1 ba · 655 ft²
$285K
62 Purchase St # B3
1 bd · 1 ba · 660 ft²
$296K
62 Purchase St # C3
1 bd · 1 ba · 660 ft²
$304K
62 Purchase St # A4
1 bd · 1 ba · 675 ft²
$292K
62 Purchase St # B4
2 bd · 1 ba · 820 ft²
$329K
62 Purchase St # C4
2 bd · 1 ba · 820 ft²
$313K
62 Purchase St # A5
1 bd · 1 ba · 690 ft²
$309K
62 Purchase St # B5
2 bd · 1 ba · 820 ft²
$330K
62 Purchase St # C5
2 bd · 1 ba · 820 ft²
$333K
62 Purchase St # A6
1 bd · 1 ba · 660 ft²
$297K
62 Purchase St # B6
1 bd · 1 ba · 655 ft²
$298K
62 Purchase St # C6
1 bd · 1 ba · 660 ft²
$291K
62 Purchase St # A7
1 bd · 1 ba · 655 ft²
$285K
62 Purchase St # B7
1 bd · 1 ba · 660 ft²
$304K
62 Purchase St # C7
1 bd · 1 ba · 660 ft²
$294K
62 Purchase St # A8
2 bd · 1 ba · 820 ft²
$345K
62 Purchase St # B8
2 bd · 1 ba · 820 ft²
$310K
62 Purchase St # C8
2 bd · 1 ba · 820 ft²
$317K

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

About 62 Purchase St

How many units are in 62 Purchase St, Danvers, MA?

62 Purchase St, Danvers, MA has 24 residential units across built in 1980, according to county assessor records.

What is a unit at 62 Purchase St, Danvers, MA worth?

The median TopHap Estimate across the 24 units at 62 Purchase St, Danvers, MA is $303,314. That works out to $435 per square foot. Units run from 655 to 820 square feet. Estimates are modelled from recorded sales and assessments, not appraisals.

Is 62 Purchase St, Danvers, MA expensive for Danvers?

Units at 62 Purchase St, Danvers, MA carry a median of $435 per square foot, 27% above the Danvers median of $342 per square foot.

How often do units sell at 62 Purchase St, Danvers, MA?

0 units at 62 Purchase St, Danvers, MA sold in the last 12 months, out of 73 recorded arms-length sales all time. That is a turnover rate of 0.0% of the building per year.

Have units at 62 Purchase St, Danvers, MA appreciated?

Across 49 repeat sales of the same unit, 62 Purchase St, Danvers, MA returned a median 6.0% per year. Because each pair is the same unit bought and sold, the figure is not distorted by which units traded. The median owner held for 6.3 years.

What floor plans does 62 Purchase St, Danvers, MA have?

The most common plan at 62 Purchase St, Danvers, MA is a 2-bedroom of 820 square feet, repeated 9 times, with a median estimate of $317,132. TopHap identifies 3 recurring plans in the building.

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