NOT LISTED FOR SALE

1 Grant Rd Salem, MA 01970

South Salem Neighborhood

Estimated Value: $757,000 - $824,000

6 Beds
2 Baths
2,371 Sq Ft
$333/Sq Ft Est. Value

Last Sold January 14, 2013

Last sale price $315,000 $133 Per Sq Ft

Est. 150% increase in value since last sale

Current estimated payment $4,856/month

62 Days on Market

About This Home

As of January 2013

South Salem, Pickman Park location. Great live in or investment opportunity. This solidly built, well maintained, two family home is located in one of Salem's most desired neighborhoods. Unit 2 could be easily restored to original 3 bedroom and has additional 3rd floor space available.

Last Agent to Sell the Property

Andrew Weinstein

Landmark Properties Listed on: 10/14/2012

Last Buyer's Agent

Andrew Weinstein

Landmark Properties Listed on: 10/14/2012

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,081

Year Built

1932

Lot Details

0

Listing Details

  • Lot Description: Paved Drive
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1932

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 10
  • Flooring: Wood
  • Basement: Full, Walk Out, Interior Access, Garage Access

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Shingles, Wood
  • Exterior Features: Porch, Deck, Gutters
  • Foundation: Brick, Other (See Remarks)

Garage/Parking

  • Garage Spaces: 1
  • Parking: Off-Street, Paved Driveway
  • Parking Spaces: 4

Utilities

  • Hot Water: Oil

Lot Info

  • Assessor Parcel Number: M:31 L:0112

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2012
Closed on
Jan 14, 2013
Sold by
Ouellette Caroline A
Bought by
Newcomb Wayne and Morrissey Brooke
Seller's Agent
Andrew Weinstein
Landmark Properties
Buyer's Agent
Andrew Weinstein
Landmark Properties
List Price
$369,000
Sold Price
$315,000
Premium/Discount to List
-$54,000
-14.63%
Current Estimated Value
$788,946

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$473,946
Avg. Annual Appreciation
7.46%
Original Mortgage
$215,000
Outstanding Balance
$153,091
Interest Rate
3.36%
Mortgage Type
New Conventional
Estimated Equity
$633,230

Purchase Details

Closed on
May 1, 1991
Sold by
Mikesell William B
Bought by
Piken Gene L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,844
Interest Rate
9.55%
Mortgage Type
Purchase Money Mortgage
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
Newcomb Wayne $315,000 --
Piken Gene L $385,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Piken Gene L $215,000
Previous Owner Piken Gene L $198,400
Previous Owner Piken Gene L $345,844
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/14/2013 01/14/13 Sold $315,000 -14.6% $133 / Sq Ft
12/15/2012 12/15/12 Pending -- -- --
10/14/2012 10/14/12 For Sale $369,000 -- $156 / 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 $8,081 $712,600 $212,700 $499,900
2024 $7,716 $664,000 $200,700 $463,300
2023 $7,481 $598,000 $182,700 $415,300
2022 $7,338 $553,800 $167,700 $386,100
2021 $6,957 $504,100 $155,800 $348,300
2020 $6,812 $471,400 $152,800 $318,600
2019 $6,729 $445,600 $143,800 $301,800
2018 $6,190 $402,500 $134,200 $268,300
2017 $5,984 $377,300 $125,800 $251,500
2016 $5,912 $377,300 $125,800 $251,500
2015 $5,657 $344,700 $110,800 $233,900
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2013

    Andrew Weinstein

    Landmark Properties

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71447191

MLS Property Information Network (MLS PIN)

APN: SALE-000031-000000-000112

Massachusetts Essex County Salem 01970 South Salem

1 Grant Rd, Salem, MA

This home is located at 1 Grant Rd, Salem, MA 01970 since 14 October 2012 and is currently estimated at $788,946, approximately $332 per square foot. This property was built in 1932. 1 Grant Rd is a home located in Essex County with nearby schools including Saltonstall School, Horace Mann Laboratory, and Carlton Elementary School.

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.

MLS Property Information Network (MLS PIN) 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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