NOT LISTED FOR SALE

Estimated Value: $466,000 - $658,000

2 Beds
2 Baths
1,093 Sq Ft
$542/Sq Ft Est. Value

Last Sold July 23, 2019

Last sale price $285,000 $261 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $3,577/month

93 Days on Market

About This Home

As of July 2019

Attention contractors and handymen! Classic cape style home located in a quiet neighborhood being sold as is, in the beautiful coastal town of Salem. This is a great opportunity for someone looking for a fixer upper. Home requires some TLC, however bring your creativity and create a dream home, in a dream neighborhood! This home is priced significantly lower than appraised value!! Don't wait, owner anxious!!

Last Agent to Sell the Property

Gary Litchfield

Mass. Real Estate Solutions, LLC Listed on: 04/06/2019

Mass. Real Estate Solutions, LLC

Last Buyer's Agent

Julianna Tache

Tache Real Estate, Inc.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1948

Lot Details

  • Year Round Access
  • Property is zoned R1

Utilities

  • Radiator
  • Heating System Uses Oil

Additional Features

  • Basement

Home Details

Home Type

Single Family

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Single Family Type: Detached
  • Style: Cape
  • Year Built Description: Actual
  • List Price Per Sq Ft: 265.23
  • Comp Based On: Net Sale Price
  • Year Built: 1948
  • Lead Paint: Unknown
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1948

Interior Features

  • No Bedrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • No Rooms: 5
  • Basement: Y
  • Main Lo: AC0874
  • Main So: C86500
  • Estimated Sq Ft: 1093.00

Exterior Features

  • Beachfront Flag: Yes
  • Beach Miles To: 1 to 2 Mile
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Shingles, Wood
  • Foundation: Poured Concrete, Concrete Block

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 4

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Heating: Hot Water Radiators, Oil

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Golf Course, Medical Facility, Conservation Area, House of Worship, Public School, University

Lot Info

  • Assessments: 349100.00
  • Lot: 0014
  • Acre: 0.30
  • Lot Size: 13068.00
  • Zoning: R1
  • Lot Description: Wooded, Paved Drive

Tax Info

  • Taxes: 5271.00
  • Assessor Parcel Number: 2126968

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 4, 2020
Sold by
Savory Mark L
Bought by
Bostrom Matthew
Current Estimated Value
$592,369

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Outstanding Balance
$344,174
Interest Rate
3.2%
Mortgage Type
FHA
Estimated Equity
$248,195

Purchase Details

Listed on
Apr 6, 2019
Closed on
Jul 19, 2019
Sold by
Barnes Ave Salem Rt
Bought by
Savory Mark L
Seller's Agent
Gary Litchfield
Mass. Real Estate Solutions, LLC
Buyer's Agent
Julianna Tache
Tache Real Estate, Inc.
List Price
$299,900
Sold Price
$285,000
Premium/Discount to List
-$14,900
-4.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.95%

Purchase Details

Closed on
Mar 21, 2019
Sold by
Bank Of America Na
Bought by
Barnes Ave Salem Rt and Natsios

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 6, 2018
Sold by
Julien Peter J and Bank Of America Na
Bought by
Bank Of America Na

Purchase Details

Closed on
Jun 19, 2006
Sold by
Julien Peter J
Bought by
Julien Peter J

Purchase Details

Closed on
Oct 6, 2004
Sold by
Callahan Judith A and Julien Peter J
Bought by
Julien Peter J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Bostrom Matthew $390,000 None Available
Bostrom Matthew $390,000 None Available
Savory Mark L $285,000 --
Savory Mark L $285,000 --
Barnes Ave Salem Rt $240,000 --
Barnes Ave Salem Rt $240,000 --
Barnes Ave Salem Rt $240,000 --
Bank Of America Na $255,587 --
Bank Of America Na $255,587 --
Julien Peter J -- --
Julien Peter J -- --
Bank Of America Na $255,587 --
Julien Peter J -- --
Julien Peter J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bostrom Matthew $390,000
Closed Bostrom Matthew $390,000
Previous Owner Barnes Ave Salem Rt $240,000
Previous Owner Julien Peter J $228,576
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/23/2019 07/23/19 Sold $285,000 -1.7% $261 / Sq Ft
07/08/2019 07/08/19 Pending -- -- --
06/25/2019 06/25/19 Price Changed $289,900 -1.7% $265 / Sq Ft
05/24/2019 05/24/19 Price Changed $294,900 -1.7% $270 / Sq Ft
05/11/2019 05/11/19 For Sale $299,900 0.0% $274 / Sq Ft
04/26/2019 04/26/19 Pending -- -- --
04/13/2019 04/13/19 Price Changed $299,900 -6.3% $274 / Sq Ft
04/06/2019 04/06/19 For Sale $319,900 -- $293 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

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 $5,754 $507,400 $211,800 $295,600
2024 $5,746 $494,500 $211,800 $282,700
2023 $5,571 $445,300 $193,900 $251,400
2022 $5,536 $417,800 $186,700 $231,100
2021 $5,364 $388,700 $186,700 $202,000
2020 $5,292 $366,200 $175,900 $190,300
2019 $5,271 $349,100 $167,300 $181,800
2018 $5,062 $329,100 $159,400 $169,700
2017 $4,947 $311,900 $150,800 $161,100
2016 $4,605 $293,900 $132,800 $161,100
2015 $4,472 $272,500 $122,100 $150,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72478061

MLS Property Information Network (MLS PIN)

APN: SALE-000007-000000-000014