NOT LISTED FOR SALE

Estimated Value: $621,000 - $695,000

0.45 Acre
$1,459,787 Price per Acre
19,602 Sq Ft Lot

Last Sold May 15, 2017

Last sale price $210,000 $203 Per Sq Ft

Est. 213% increase in value since last sale

Current estimated payment $4,033/month

307 Days on Market

Highlights

  • Marina
  • Medical Services
  • 0.45 Acre Lot
  • Golf Course Community
  • Waterfront
  • Property is near public transit

About This Lot

As of May 2017

New cul-de-sac, serene, walking trails, open space, natural habitat surrounds. The best homesites in Salem. Easy access to Marlborough Road. Prices include foundation hole, trenching, all utilities to foundation and backfill to foundation.

Last Agent to Sell the Property

George Fallon

Tache Real Estate, Inc. Listed on: 05/27/2016

Last Buyer's Agent

George Fallon

Tache Real Estate, Inc. Listed on: 05/27/2016

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $766

Year Built

  • 1968

Lot Details

  • 0.45 Acre Lot
  • Waterfront
  • Near Conservation Area
  • Cul-De-Sac
  • Street terminates at a dead end
  • Level Lot
  • Cleared Lot
  • Wooded Lot
  • 3 Lots in the community
  • Development of the land is complete
  • Additional Parcels
  • Property is zoned R1

Location

  • Property is near public transit
  • Property is near schools

Schools

  • First Choice Elementary School
  • Collins Middle School
  • Salem High School

Utilities

  • Underground Utilities
  • Electricity To Lot Line

Listing and Financial Details

  • Assessor Parcel Number 2127518

Community Details

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Community Pool
  • Park
  • Jogging Path

Property Details

Property Type

Land

Est. Annual Taxes

$766

Year Built

1968

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential
  • Buyer Agency: .025
  • Buyer Agency Type: %
  • Transaction Broker: .01
  • Transaction Broker Type: %
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Land
  • Special Features: None
  • Year Built: 1968

Interior Features

  • MAIN LO: C86500
  • MAIN SO: C86500

Exterior Features

  • Road Frontage Type: Public, Dead End, City Street
  • Road Surface Type: Paved
  • Waterfront Features: Beach Front, Harbor, River, 1 to 2 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: Yes

Utilities

  • Sewer: Public Sewer
  • Gas: On-Site
  • Electric: On-Site, Underground
  • Electricity On Property: Yes
  • Water Source: Public, On-Site
  • SEWAGE DISTRICT: So Es

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University, Sidewalks
  • Senior Community YN: No

Lot Info

  • Parcel Number: 2127518
  • Zoning: R1
  • Additional Parcels YN: Yes
  • Development Status: Finish Graded
  • Farm Land Area Units: Square Feet
  • Lot Features: Level, Wooded, Cleared, Cul-De-Sac, Curbs & Gutters, Storm Drains, Sidewalks, Lot Staked
  • Lot Size Acres: 0.45
  • Lot Size Area: 0.45
  • Lot Size Sq Ft: 19602
  • Lot Size Units: Acres
  • Number Of Lots: 3
  • LOT SIZE: 19571
  • PAGE: 390
  • PERC TEST: N

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 766.35
  • Tax Book Number: 85716

MLS Schools

  • High School: Salem High
  • Elementary School: First Choice
  • Middle Or Junior School: Collins

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2016
Closed on
Sep 14, 2016
Sold by
Chaisson John E and Chaisson Nguyen L
Bought by
Galvez Christian and Galvez Christine
Seller's Agent
Fred Brennan
Tache Real Estate, Inc.
Buyer's Agent
Michael Dombrowski
Crowne Meadow Realty Advisors, LLC
List Price
$434,900
Sold Price
$415,000
Premium/Discount to List
-$19,900
-4.58%
Total Days on Market
307
Current Estimated Value
$656,904

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$241,904
Avg. Annual Appreciation
5.75%
Original Mortgage
$407,483
Outstanding Balance
$329,862
Interest Rate
3.43%
Mortgage Type
FHA
Estimated Equity
$345,880

Purchase Details

Closed on
Jan 1, 1977
Bought by
Chaisson John E and Chaisson Nguyen L
Source: Public Records

Range of Values:

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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
Galvez Christian $415,000 --
Chaisson John E $40,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Galvez Christian $407,483
Previous Owner Chaisson John E $65,000
Previous Owner Chaisson John E $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2017 05/15/17 Sold $210,000 -49.4% $203 / Sq Ft
04/15/2017 04/15/17 Pending -- -- --
09/14/2016 09/14/16 Sold $415,000 0.0% $289 / Sq Ft
07/27/2016 07/27/16 Pending -- -- --
07/23/2016 07/23/16 Price Changed $415,000 -4.6% $289 / Sq Ft
07/13/2016 07/13/16 For Sale $434,900 +74.7% $303 / Sq Ft
05/26/2016 05/26/16 For Sale $249,000 -- $241 / 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 $6,564 $578,800 $232,700 $346,100
2024 $6,566 $565,100 $219,600 $345,500
2023 $6,291 $502,900 $199,900 $303,000
2022 $5,878 $443,600 $183,500 $260,100
2021 $5,708 $413,600 $170,400 $243,200
2020 $5,771 $399,400 $167,200 $232,200
2019 $5,718 $378,700 $157,300 $221,400
2018 $5,472 $355,800 $146,800 $209,000
2017 $5,024 $316,800 $137,700 $179,100
2016 $4,964 $316,800 $137,700 $179,100
2015 $4,706 $286,800 $121,300 $165,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72012895

MLS Property Information Network (MLS PIN)

APN: SALE-000009-000000-000192