1 Purchase St Salem, MA 01970
Gallows Hill NeighborhoodEstimated Value: $668,921 - $854,000
6
Beds
3
Baths
2,252
Sq Ft
$358/Sq Ft
Est. Value
About This Home
As of January 2021One of a kind move-in ready, two-family home in a lovely neighborhood. The perfect blend of old charm and new elegance, this beautiful home is meticulously maintained and shows pride in ownership. Architectural details abound with period moldings, high ceilings & gleaming hardwood/wide pine floors. Unit #1 was remodeled in 2020 with fresh paint and an eat-in kitchen featuring many new upgrades including offset porcelain floor tiles, sleek cabinets, granite counter, glass backsplash, and SS appliances. In-unit W/D. Unit #2 (owner’s unit) is 8 rooms, 4 bedrooms w/living room, dining room, office/5th bedroom and finished basement family room & full bath. Mature landscaping and perennials abound around this versatile multi-family. It is nicely situated on a corner lot surrounded by single-family homes and has 3 car driveway parking, With easy access to Rt 128 and Rt 107, it is convenient to commuter rail into Boston and all that Historical Salem has to offer. Showings by appointment only
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,010
Year Built
- Built in 1915
Lot Details
- 3,485
Flooring
- Wood
- Pine Flooring
- Wall to Wall Carpet
- Tile
Additional Features
- Year Round Access
- Natural Gas Water Heater
- Basement
Listing and Financial Details
- Assessor Parcel Number M:15 L:0139
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 31, 2021
Sold by
Duncan Debra S and Blair-Timberlake Courtney
Bought by
Cold Bay Llc
Total Days on Market
15
Current Estimated Value
Purchase Details
Listed on
Nov 5, 2020
Closed on
Jan 14, 2021
Sold by
Silva Lori A
Bought by
Duncan Debra S and Timberlake Courtney B
Seller's Agent
Jim Armstrong
Aluxety
Buyer's Agent
Diana Butler
J. Barrett & Company
List Price
$724,900
Sold Price
$710,000
Premium/Discount to List
-$14,900
-2.06%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.81%
Original Mortgage
$532,500
Interest Rate
2.71%
Mortgage Type
Purchase Money Mortgage
Similar Homes in the area
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cold Bay Llc | -- | None Available | |
| Duncan Debra S | $710,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Duncan Debra S | $532,500 | |
| Previous Owner | Silva Lori A | $128,000 | |
| Previous Owner | Silva Lori A | $88,800 | |
| Previous Owner | Silva Lori A | $85,377 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/21/2021 01/21/21 | Sold | $710,000 | -2.1% | $315 / Sq Ft |
| 11/20/2020 11/20/20 | Pending | -- | -- | -- |
| 11/05/2020 11/05/20 | For Sale | $724,900 | -- | $322 / 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 | $7,010 | $618,200 | $197,800 | $420,400 |
| 2024 | $6,499 | $559,300 | $188,000 | $371,300 |
| 2023 | $6,291 | $502,900 | $173,500 | $329,400 |
| 2022 | $6,479 | $489,000 | $167,700 | $321,300 |
| 2021 | $6,148 | $445,500 | $156,200 | $289,300 |
| 2020 | $6,033 | $417,500 | $147,500 | $270,000 |
| 2019 | $5,972 | $395,500 | $140,000 | $255,500 |
| 2018 | $5,529 | $359,500 | $133,000 | $226,500 |
| 2017 | $5,142 | $324,200 | $112,200 | $212,000 |
| 2016 | $4,999 | $319,000 | $107,000 | $212,000 |
| 2015 | $4,846 | $295,300 | $98,300 | $197,000 |
Source: Public Records
Agents Affiliated with this Home
-
Jim Armstrong
Seller's Agent in 2021
Jim Armstrong
Aluxety
(978) 394-6736
3 in this area
65 Total Sales
-
Diana Butler
Buyer's Agent in 2021
Diana Butler
J. Barrett & Company
(978) 979-7851
1 in this area
17 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72753878
APN: SALE-000015-000000-000139
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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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