1 Allen St Salem, MA 01970
Derby Street NeighborhoodEstimated Value: $651,000 - $712,520
3
Beds
2
Baths
1,775
Sq Ft
$385/Sq Ft
Est. Value
About This Home
As of March 2021Open house cancelled. Property under contract. You can't find a better Location! Charming Two-Family, just steps from the Salem Common and Derby Wharf. The first unit features one bedroom with kitchen, living area and one bath. The second floor unit features a townhouse living style with kitchen, living area and one bedroom on the second floor and two additional bedrooms on the third floor. With ample parking, this property includes an adjacent lot that features 8 car parking. Don't miss your chance to own this unique two-family, perfect for investment or owner occupant.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,225
Year Built
- Built in 1850
Lot Details
- 1,307
Additional Features
- Porch
- Fenced Yard
- Natural Gas Water Heater
- Basement
Listing and Financial Details
- Assessor Parcel Number M:41 L:0146
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 4, 2020
Closed on
Mar 18, 2021
Sold by
Jarmusik Ellen M
Bought by
Symes Madison
Seller's Agent
Herrick Lutts Realty Partners
Herrick Lutts Realty Partners
Buyer's Agent
Paul Herrick
Herrick Lutts Realty Partners
List Price
$525,000
Sold Price
$483,000
Premium/Discount to List
-$42,000
-8%
Total Days on Market
32
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$199,880
Avg. Annual Appreciation
6.53%
Original Mortgage
$363,680
Outstanding Balance
$331,158
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$298,367
Purchase Details
Closed on
Mar 8, 2007
Bought by
Reynolds Ellen M and Jarmusik Michael R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,950
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 15, 2003
Sold by
Stevenson Judy Goodwin and Stevenson Thomas
Bought by
Jarmusik Michael
Purchase Details
Closed on
Apr 26, 1990
Sold by
Rehal Charles E
Bought by
Goodwin Judy L
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Similar Homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Symes Madison | $454,600 | None Available | |
| Reynolds Ellen M | -- | -- | |
| Jarmusik Michael R | -- | -- | |
| Jarmusik Michael | $250,000 | -- | |
| Goodwin Judy L | $71,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Symes Madison | $363,680 | |
| Closed | Symes Madison | $363,680 | |
| Previous Owner | Jarmusik Michael R | $299,081 | |
| Previous Owner | Goodwin Judy L | $311,950 | |
| Previous Owner | Goodwin Judy L | $301,200 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/18/2021 03/18/21 | Sold | $483,000 | -3.4% | $272 / Sq Ft |
| 12/06/2020 12/06/20 | Pending | -- | -- | -- |
| 11/16/2020 11/16/20 | Price Changed | $499,900 | -4.8% | $282 / Sq Ft |
| 11/04/2020 11/04/20 | For Sale | $525,000 | -- | $296 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $6,225 | $548,900 | $185,700 | $363,200 |
| 2024 | $5,968 | $513,600 | $176,500 | $337,100 |
| 2023 | $5,785 | $462,400 | $162,900 | $299,500 |
| 2022 | $5,955 | $449,400 | $157,500 | $291,900 |
| 2021 | $5,659 | $410,100 | $146,600 | $263,500 |
| 2020 | $5,553 | $384,300 | $138,500 | $245,800 |
| 2019 | $5,410 | $358,300 | $131,400 | $226,900 |
| 2018 | $5,008 | $325,600 | $124,900 | $200,700 |
| 2017 | $4,644 | $292,800 | $105,300 | $187,500 |
| 2016 | $4,513 | $288,000 | $100,500 | $187,500 |
| 2015 | $4,373 | $266,500 | $92,300 | $174,200 |
Source: Public Records
Agents Affiliated with this Home
-
Herrick Lutts Realty Partners
H
Seller's Agent in 2021
Herrick Lutts Realty Partners
Herrick Lutts Realty Partners
11 in this area
244 Total Sales
-
Nick Zolotas
Seller Co-Listing Agent in 2021
Nick Zolotas
Herrick Lutts Realty Partners
(978) 969-3427
3 in this area
37 Total Sales
-
Paul Herrick
Buyer's Agent in 2021
Paul Herrick
Herrick Lutts Realty Partners
(978) 968-0308
1 in this area
34 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72752606
APN: SALE-000041-000000-000146
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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