NE Provenance

55 Spring St

Danvers, MA 01923

Institutional
Owner
St ...
Owner Type
Nonprofit
Tenure
12 yrs
Assessed
$16,034,800
Built
1925
Sq Ft
100,600
Lot
30.7 ac
Bed/Bath
Type
Institutional
Elevated Risks20ConditionC1Fire GradeBPermits93Last PermitMar 2026FloodAE

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55 Spring St, Danvers, MA 01923— Property Report

Home& Property Details

55 Spring St is a Veteran Organization institutional built in 1925 located in Danvers, Essex County, MA. The home has 100,600 square feet of living area on a 30.7-acre lot.

Flood Zone & Natural Hazard Assessment

55 Spring St is in FEMA flood zone AE. This is a Special Flood Hazard Area (SFHA) where flood insurance is typically required for federally backed mortgages. The FEMA National Risk Index composite rating for this area is Relatively Low. The ASCE 7-22 design wind speed for this location is 123 mph. The ground snow load is 50 psf. The EPA radon zone is 1 (highest potential).

Fire Protection

NE Provenance rates the fire protection for 55 Spring St at Grade B (Strong fire protection access). The nearest fire station, DANVERS FIRE DEPARTMENT, is 0.8 miles away. This grade reflects fire station proximity, department capabilities, hydrant coverage, and municipal water infrastructure. Properties with Grade A or B typically receive favorable insurance rates due to strong fire protection infrastructure.

Building Permits & Property History

Municipal records show 93 building permits on file for 55 Spring St. The most recent permit was filed March 13, 2026. In the past five years, 44 permits have been issued. The current municipal assessment is $16,034,800, with $1,566,500 attributed to land and $14,468,300 to improvements. The property last sold on June 28, 2013 for $620,000. The deed history includes 1 recorded conveyance.

Environmental & Land Use

Mapped wetlands are present on or adjacent to the parcel.

DanversNeighborhood & Community

55 Spring St is located in Danvers, Essex County, MA. The property is zoned R2 (Residential 2). The median home value in this census tract is $574,800. Median household income is $113,290. The owner-occupancy rate in the surrounding area is 80%. The property is served by the Danvers school district.

Full Property Intelligence Report

The complete NE Provenance report for 55 Spring St, Danvers, MA includes over 430 data attributes sourced from 140+ public and proprietary datasets. The full report covers building construction and materials, NEP Condition Estimate derived from permit history, system ages for roof, electrical, plumbing, and HVAC, complete ownership and deed chain with transaction classification, FEMA flood and coastal hazard analysis, environmental contamination screening, and neighborhood demographics. Available as a professional property wallet, PDF report, or structured data export.