NOT LISTED FOR SALE

Estimated Value: $668,000 - $760,000

4 Beds
2 Baths
1,906 Sq Ft
$379/Sq Ft Est. Value

Last Sold November 05, 2019

Last sale price $480,000 $252 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $4,370/month

8 Days on Market

Highlights

  • Deck
  • Tile Flooring
  • 4-minute walk to Mack Park
  • Porch

About This Home

As of November 2019

Calling all savvy Buyers!! Fantastic opportunity to purchase this solid 2-family property tucked on a side street in North Salem! Nothing to do but take over the current Tenants. The first-floor unit offers a spacious eat-in kitchen, nice sized living room, 2 bedrooms, and a full bath with large closet. The second floor has an open floor plan with handsome flooring, vaulted ceiling, and skylight. An eat-in kitchen, large bath, and 2 bedrooms round out the upstairs unit. Both units have private large porches. This is an easy yes with little maintenance- vinyl siding, gas heating systems, central air, (2) 100amp panel services, manageable yard, laundry and storage for both units in the basement, and 2 off-street parking spots. Mack Park is across the street, Salem MBTA is .6 mile, and downtown Salem is just over a mile, you can't beat this location!

Last Agent to Sell the Property

Henry Pizzo

Aluxety Listed on: 09/24/2019

Co-Listed By

Adam Doane

Lux Realty North Shore License #454007923

Last Buyer's Agent

Henry Pizzo

Aluxety Listed on: 09/24/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,511

Year Built

  • Built in 1880

Lot Details

  • 3,049

Parking

  • 1 Car Garage

Flooring

  • Wall to Wall Carpet
  • Tile
  • Vinyl

Outdoor Features

  • Deck
  • Porch

Additional Features

  • Year Round Access
  • Natural Gas Water Heater
  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:26 L:0115

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,511

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 1.00
  • Year Built Description: Actual
  • List Price Per Sq Ft: 236.10
  • Comp Based On: Net Sale Price
  • Year Built: 1880
  • Lead Paint: Unknown
  • Year Round: Yes
  • Ife Common: Storage
  • Levels: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1880

Interior Features

  • Flooring: Tile, Vinyl, Wall to Wall Carpet
  • Total Flrs: 3
  • No Bedrooms: 4
  • Total Brs: 4
  • Full Bathrooms: 2
  • Total Fbh: 2
  • No Rooms: 8
  • Rms Common: Mudroom
  • Basement: Y
  • Basement Features: Full, Interior Access, Unfinished Basement
  • Main Lo: AN1532
  • Main So: AN1532
  • Estimated Sq Ft: 1906.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 1/2 to 1 Mile
  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Exterior Features: Porch, Deck
  • Foundation: Fieldstone

Garage/Parking

  • Parking Feature: Off-Street, Assigned, Deeded, Paved Driveway
  • Parking Spaces: 3
  • Garage Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers, 100 Amps
  • Cooling Zones: 2
  • Heat Zones: 2
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range, for Electric Dryer, Washer Hookup
  • Cooling Units: 2

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf Course, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, University

Schools

  • Middle School: Collins
  • High School: Salem

Lot Info

  • Assessments: 380500.00
  • Acre: 0.07
  • Lot Size: 3049.00
  • Page: 114
  • Parcel Number: M:26 L:0115
  • Zoning: R2
  • Lot Description: Paved Drive, Easements, Shared Drive, Level

Green Features

  • Energy Features: Insulated Windows

Multi Family

  • Heat Units: 2
  • Total Levels: 2
  • Total Rent: 3100
  • Total Rms: 10
  • No Units: 2
  • Mf Type: 2 Family

Tax Info

  • Taxes: 5746.00
  • Assessor Parcel Number: 4078894

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2019
Closed on
Oct 30, 2019
Sold by
Sci & B Llc
Bought by
Bettencourt Jeffrey S
Seller's Agent
Henry Pizzo
Aluxety
Buyer's Agent
Henry Pizzo
Aluxety
List Price
$450,000
Sold Price
$480,000
Premium/Discount to List
$30,000
6.67%
Current Estimated Value
$721,821

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$241,821
Avg. Annual Appreciation
7.13%
Original Mortgage
$360,000
Outstanding Balance
$317,335
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$404,486

Purchase Details

Listed on
Dec 18, 2017
Closed on
Feb 22, 2018
Sold by
Sobolewski Scott
Bought by
Sci & B Llc
Seller's Agent
Henry Pizzo
Aluxety
Buyer's Agent
Henry Pizzo
Aluxety
Sold Price
$1,500

Purchase Details

Closed on
Mar 31, 2004
Sold by
Deleo Sylvan T
Bought by
Sobolewski Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,800
Interest Rate
5.56%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 12, 2003
Sold by
Atkins George W
Bought by
Deleo Sylvan St T
Source: Public Records

Range of Values:

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Average Value
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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
Bettencourt Jeffrey S $480,000 --
Sci & B Llc -- --
Sobolewski Scott $331,000 --
Deleo Sylvan St T -- --
Deleo Francis J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bettencourt Jeffrey S $360,000
Previous Owner Deleo Francis J $273,300
Previous Owner Deleo Francis J $290,440
Previous Owner Deleo Francis J $332,000
Previous Owner Deleo Francis J $264,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/05/2019 11/05/19 Sold $480,000 +6.7% $252 / Sq Ft
10/02/2019 10/02/19 Pending -- -- --
09/24/2019 09/24/19 For Sale $450,000 0.0% $236 / Sq Ft
01/26/2018 01/26/18 Rented $1,500 0.0% --
01/08/2018 01/08/18 Price Changed $1,500 -11.8% $2 / Sq Ft
12/18/2017 12/18/17 For Rent $1,700 -- --
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 $6,511 $574,200 $194,100 $380,100
2024 $6,242 $537,200 $184,500 $352,700
2023 $6,046 $483,300 $170,300 $313,000
2022 $6,200 $467,900 $164,600 $303,300
2021 $5,901 $427,600 $153,300 $274,300
2020 $5,794 $401,000 $144,700 $256,300
2019 $5,746 $380,500 $137,400 $243,100
2018 $5,343 $347,400 $130,600 $216,800
2017 $4,940 $311,500 $110,100 $201,400
2016 $4,801 $306,400 $105,000 $201,400
2015 $4,659 $283,900 $96,500 $187,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72569801

MLS Property Information Network (MLS PIN)

APN: SALE-000026-000000-000115