101 Canal St Salem, MA 01970
South Salem NeighborhoodEstimated Value: $886,000 - $1,020,000
6
Beds
3
Baths
2,406
Sq Ft
$392/Sq Ft
Est. Value
About This Home
As of October 2021Location location location! Rare opportunity to own an income generating three family located within walking distance to downtown Salem with its commuter rail and new Salem State University stop as well as all the amenities offered in historic Salem. Two minute walk to new South Salem rail station. Three units with same 2BR/ 1BA floor plan each w/ in unit washer/dryer and dishwasher. Separately metered utilities, individual locked storage rooms in secured basement. Ample off-street parking for six cars that include tandem parking spots. Building to be delivered vacant & rental ready/move in condition. "Offers will be reviewed on Monday AUGUST 30 at 6pm."
Last Agent to Sell the Property
Michael Ross
Cameron Real Estate Group License #454004087 Listed on: 08/20/2021
Last Buyer's Agent
Michael Ross
Cameron Real Estate Group License #454004087 Listed on: 08/20/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,324
Year Built
- 1910
Lot Details
- 3,049
Additional Features
- Property has 1 Level
- 3 Heating Zones
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 30, 2006
Sold by
Garcia Angel Gabriel and Garcia Natividad
Bought by
Larsen Keith R
Total Days on Market
9
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.58%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 16, 2002
Sold by
Collett James B
Bought by
Garcia Angel Gabriel and Garcia Natividad
Purchase Details
Closed on
May 22, 2001
Sold by
Mcdevitt Nancy L
Bought by
Collett James B
Purchase Details
Closed on
Aug 30, 1995
Sold by
Armand Marshall E
Bought by
Mcdevitt Nancy L
Similar Homes in Salem, MA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Larsen Keith R | $375,000 | -- | |
| Garcia Angel Gabriel | $335,000 | -- | |
| Collett James B | $215,000 | -- | |
| Mcdevitt Nancy L | $75,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Patel Kailash | $581,250 | |
| Closed | Armand Marshall E | $134,000 | |
| Closed | Armand Marshall E | $300,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/15/2021 10/15/21 | Sold | $775,000 | +7.8% | $322 / Sq Ft |
| 08/31/2021 08/31/21 | For Sale | -- | -- | -- |
| 08/30/2021 08/30/21 | Pending | -- | -- | -- |
| 08/20/2021 08/20/21 | For Sale | $719,000 | +65.3% | $299 / Sq Ft |
| 01/23/2014 01/23/14 | Sold | $435,000 | -9.2% | $174 / Sq Ft |
| 12/24/2013 12/24/13 | Pending | -- | -- | -- |
| 11/03/2013 11/03/13 | For Sale | $479,000 | -- | $192 / 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 | $8,324 | $734,000 | $169,200 | $564,800 |
| 2024 | $8,094 | $696,600 | $169,200 | $527,400 |
| 2023 | $7,921 | $633,200 | $154,900 | $478,300 |
| 2022 | $7,652 | $577,500 | $149,200 | $428,300 |
| 2021 | $7,376 | $534,500 | $140,600 | $393,900 |
| 2020 | $6,815 | $471,600 | $126,200 | $345,400 |
| 2019 | $6,692 | $443,200 | $114,700 | $328,500 |
| 2018 | $6,178 | $401,700 | $106,700 | $295,000 |
| 2017 | $6,003 | $378,500 | $100,400 | $278,100 |
| 2016 | $5,508 | $351,500 | $73,400 | $278,100 |
| 2015 | $5,141 | $313,300 | $63,100 | $250,200 |
Source: Public Records
Agents Affiliated with this Home
-
M
Seller's Agent in 2021
Michael Ross
Cameron Real Estate Group
-
Keith Larsen
K
Seller's Agent in 2014
Keith Larsen
Heritage Companies R.E.Brokerage Inc.
(617) 221-1043
11 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72884523
APN: SALE-000033-000000-000134
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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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