NOT LISTED FOR SALE

Estimated Value: $753,314 - $858,000

4 Beds
2 Baths
2,228 Sq Ft
$364/Sq Ft Est. Value

Last Sold June 26, 2020

Last sale price $570,000 $256 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $5,011/month

4 Days on Market

About This Home

As of June 2020

OPPORTUNITY AWAITS - This two and a half family has had recent updates to kitchens and baths as well as new windows, refinished hardwood floors and fresh paint. The property sits between Salem State College and Salem's busy and bustling downtown area with it's many restaurants, shops, hotels and commuter rail access to Boston. There is a third floor walk up with two egresses leaving it open to possible expansion to third floor apartment capability or just additional bedrooms for second floor apartment. Buyers to do their due diligence with the city of Salem for conversion to three family. Owner makes no representation for conversion. The home will be delivered empty and is easy to show. Property shown by private appointments only and buyers and their agent to wear proper face coverings.

Last Agent to Sell the Property

Paula DAngelo-Pickett

Coldwell Banker Realty - Marblehead Listed on: 05/14/2020

Coldwell Banker Realty - Marblehead

Last Buyer's Agent

Tess DiMatteo

J. Barrett & Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,122

Year Built

  • Built in 1917

Lot Details

  • 4,792

Flooring

  • Wood
  • Tile

Outdoor Features

  • Enclosed Patio or Porch

Additional Features

  • Basement

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,122

Year Built

Built in 1917

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 1.00
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 262.52
  • Comp Based On: Net Sale Price
  • Year Built: 1917
  • Lead Paint: Unknown
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1917

Interior Features

  • Flooring: Tile, Hardwood
  • Total Flrs: 3
  • No Bedrooms: 4
  • Total Brs: 4
  • Full Bathrooms: 2
  • Total Fbh: 2
  • No Rooms: 10
  • Basement: Y
  • Basement Features: Full, Sump Pump, Concrete Floor
  • Main Lo: K95001
  • Main So: C95243
  • Estimated Sq Ft: 2228.00

Exterior Features

  • Beachfront Flag: Yes
  • Beach Miles To: 1/2 to 1 Mile
  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior Features: Porch, Porch - Enclosed
  • Foundation: Fieldstone, Brick

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 3

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Park, Golf Course, Medical Facility, Laundromat, Highway Access, House of Worship, T-Station, University

Lot Info

  • Assessments: 382300.00
  • Acre: 0.11
  • Lot Size: 4791.60
  • Page: 119
  • Zoning: R2
  • Lot Description: Paved Drive

Green Features

  • Energy Features: Insulated Windows

Multi Family

  • Total Levels: 3
  • Total Rms: 11
  • No Units: 2
  • Mf Type: 2 Family - 2 Units Up/Down

Tax Info

  • Taxes: 5524.00
  • Assessor Parcel Number: 2134722

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 28, 2025
Sold by
Simpson Ellen E
Bought by
Ellen E Simpson Lt and Katagiri
Current Estimated Value
$810,579

Purchase Details

Listed on
May 14, 2020
Closed on
Jun 26, 2020
Sold by
Tbn Llc
Bought by
Simpson Ellen E
Seller's Agent
Paula DAngelo-Pickett
Coldwell Banker Realty - Marblehead
Buyer's Agent
Tess DiMatteo
J. Barrett & Company
List Price
$584,900
Sold Price
$570,000
Premium/Discount to List
-$14,900
-2.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.40%
Original Mortgage
$427,500
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 16, 2020
Sold by
Jeffrey James and Mabry Karen M
Bought by
Tbn Llc

Purchase Details

Closed on
Sep 21, 2011
Sold by
Maurice Geraldine G
Bought by
Mabry Karen M and Mabry Jeffery James
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
Ellen E Simpson Lt -- None Available
Simpson Ellen E $570,000 None Available
Tbn Llc $350,000 None Available
Mabry Karen M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Simpson Ellen E $38,000
Previous Owner Simpson Ellen E $427,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2020 06/26/20 Sold $570,000 -2.5% $256 / Sq Ft
05/18/2020 05/18/20 Pending -- -- --
05/14/2020 05/14/20 For Sale $584,900 -- $263 / 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 $7,122 $628,000 $164,700 $463,300
2024 $6,799 $585,100 $156,000 $429,100
2023 $6,624 $529,500 $144,500 $385,000
2022 $6,572 $496,000 $135,800 $360,200
2021 $6,348 $460,000 $135,800 $324,200
2020 $5,524 $382,300 $117,300 $265,000
2019 $5,471 $362,300 $111,500 $250,800
2018 $5,058 $328,900 $106,300 $222,600
2017 $4,679 $295,000 $86,700 $208,300
2016 $4,551 $290,400 $82,100 $208,300
2015 $4,393 $267,700 $74,000 $193,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72655991

MLS Property Information Network (MLS PIN)

APN: SALE-000033-000000-000182