Seller's Agent in 2021
Anthony Verdone
Century 21 North East
(617) 605-9508
24 Total Sales
1 Ropes St Salem, MA 01970
The Point Neighborhood
8
Beds
4
Baths
4,118
Sq Ft
3,485
Sq Ft Lot
Highlights
- Wood Flooring
- Enclosed Patio or Porch
- 5-minute walk to Mary Jane Lee Park
About This Home
As of January 2021This rare four family is a great investment property or your next/1031 exchange! It has a fabulous location. It's centrally located to Pickering Wharf, waterfront, museums, shops , stores, restaurants, commuter rail and Salem State University. They are all minutes away. This multi family property boast 20 rooms, 8 bedrooms, and 4 full baths in these spacious 5 room units, with 4118 square feet of total living area. The units all have individual gas and electric meters per unit. The apartments have hardwood floors and pantries in each unit, and individual storage units in the basement. They are all separate furnaces and hot water tanks, and have been replaced in the last couple of years as well. There is a washer dryer hook up in the basement also. The units are fully occupied and they are tenants at will. These rents are currently below market value. So set up your appointment today, 24 to 48 hours needed to schedule showings with tenants.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1915
Lot Details
- 3,485
Flooring
- Wood
- Vinyl
Outdoor Features
- Enclosed Patio or Porch
- Rain Gutters
Additional Features
- Window Screens
- Year Round Access
- Natural Gas Water Heater
- Basement
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/07/2021 01/07/21 | Sold | $875,000 | -2.8% | $212 / Sq Ft | |
| 10/20/2020 10/20/20 | Pending | -- | -- | -- | |
| 10/03/2020 10/03/20 | Price Changed | $899,900 | -2.7% | $219 / Sq Ft | |
| 08/01/2020 08/01/20 | For Sale | $924,900 | +38.9% | $225 / Sq Ft | |
| 10/27/2017 10/27/17 | Sold | $666,000 | -3.5% | $162 / Sq Ft | View Prior Sale |
| 09/12/2017 09/12/17 | Pending | -- | -- | -- | |
| 08/14/2017 08/14/17 | For Sale | $689,900 | -- | $168 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
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 | $12,678 | $1,118,000 | $164,500 | $953,500 |
| 2024 | $11,135 | $958,300 | $155,800 | $802,500 |
| 2023 | $10,857 | $867,900 | $144,300 | $723,600 |
| 2022 | $10,367 | $782,400 | $135,600 | $646,800 |
| 2021 | $10,238 | $741,900 | $135,600 | $606,300 |
| 2020 | $9,372 | $648,600 | $117,100 | $531,500 |
| 2019 | $8,962 | $593,500 | $111,400 | $482,100 |
| 2018 | $7,004 | $455,400 | $106,200 | $349,200 |
| 2017 | $6,736 | $424,700 | $86,600 | $338,100 |
| 2016 | $6,581 | $420,000 | $81,900 | $338,100 |
| 2015 | $6,594 | $401,800 | $73,900 | $327,900 |
Source: Public Records
Agents Affiliated with this Home
-
Anthony Verdone
-
Egi Gjikondi
Buyer's Agent in 2021
Egi Gjikondi
Gjikondi Realty
(774) 280-2745
12 Total Sales
-
John Laffy
Seller's Agent in 2017
John Laffy
Laer Realty
(978) 273-1113
23 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72702130
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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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