Seller's Agent in 2021
Derek Nolan
eXp Realty LLC
(617) 763-9123
30 Total Sales
10 Lynn St Salem, MA 01970
Downtown Salem NeighborhoodEstimated Value: $720,000 - $896,764
4
Beds
2
Baths
2,430
Sq Ft
$328/Sq Ft
Est. Value
About This Home
As of June 2021Rare find! Fantastic opportunity for investor, owner occupant or condo conversion. This two family home is located in the heart of Salem's Historic District; close to downtown and the commuter rail. In addition, this property includes off street parking, a small private yard, and potential expansion into an unfinished attic.This perfect location offers not only a piece of Salem's history but also all that Salem has to offer.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1800
Lot Details
- 2,178
Additional Features
- Wood Flooring
- Natural Gas Water Heater
- Basement
Listing and Financial Details
- Assessor Parcel Number M:26 L:0609
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 13, 2021
Closed on
Jun 29, 2021
Sold by
Bought by
Seller's Agent
Derek Nolan
eXp Realty LLC
Buyer's Agent
Chris Cowhig
Lokos Realty & Management
List Price
$509,000
Sold Price
$560,000
Premium/Discount to List
$51,000
10.02%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$236,941
Avg. Annual Appreciation
7.34%
Original Mortgage
$549,857
Outstanding Balance
$491,274
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$305,667
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $560,000 | None Available | ||
| $560,000 | None Available |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $549,857 | ||
| Closed | $549,857 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/30/2021 06/30/21 | Sold | $560,000 | +10.0% | $230 / Sq Ft |
| 04/21/2021 04/21/21 | Pending | -- | -- | -- |
| 04/13/2021 04/13/21 | For Sale | $509,000 | -- | $209 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $8,589 | $757,400 | $234,000 | $523,400 |
| 2024 | $8,167 | $702,800 | $217,300 | $485,500 |
| 2023 | $7,904 | $631,800 | $200,600 | $431,200 |
| 2022 | $7,958 | $600,600 | $189,400 | $411,200 |
| 2021 | $7,711 | $558,800 | $189,400 | $369,400 |
| 2020 | $7,718 | $534,100 | $189,400 | $344,700 |
| 2019 | $7,693 | $509,500 | $183,800 | $325,700 |
| 2018 | $6,978 | $453,700 | $175,500 | $278,200 |
| 2017 | $6,631 | $418,100 | $158,800 | $259,300 |
| 2016 | $6,552 | $418,100 | $158,800 | $259,300 |
| 2015 | $6,361 | $387,600 | $147,600 | $240,000 |
Source: Public Records
Agents Affiliated with this Home
-
Derek Nolan
-
Chris Cowhig
C
Buyer's Agent in 2021
Chris Cowhig
Lokos Realty & Management
(781) 608-3057
24 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72813433
APN: SALE-000026-000000-000609
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.
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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