G
Seller's Agent in 2021
GEM Properties Group
Compass
1 in this area
23 Total Sales
106 Margin St Salem, MA 01970
Downtown Salem NeighborhoodEstimated Value: $611,000 - $788,000
4
Beds
2
Baths
2,660
Sq Ft
$274/Sq Ft
Est. Value
Highlights
- Fruit Trees
- Garden
- 4-minute walk to High Street Park
- Tile Flooring
About This Home
As of January 2021BACK ON THE MARKET *** Investors take notice *** PREMIUM LOCATION 2-unit property - Possible Condo Conversion. Potential expansion into unfinished attic. This property is centrally located to all the “Witch City” has to offer. Close proximity to schools, hospital, restaurants, shopping, museums, downtown Salem and the commuter rail to Boston. Minutes from the Kernwood Country Club and the Olde Salem Greens Golf Course. Rents are currently below market rates. Current tenants are TAW. Third floor attic provides enormous unfinished open space. A large unfinished basement is home to washers/dryers and other utilities for each unit. 10 yrs young roof, gas hot water heaters 1st flr - 5yrs & 2nd flr 2 yrs. Property sold "as is". Seller/seller agent makes no warranties or representations. Buyer/buyer agents must perform own due diligence. GROUP TOUR: Saturday - December 5th 12:00pm - 1:00 pm!
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1870
Lot Details
- Year Round Access
- Fruit Trees
- Garden
Flooring
- Wall to Wall Carpet
- Tile
- Vinyl
Utilities
- Water Holding Tank
- Natural Gas Water Heater
Additional Features
- Window Screens
- Rain Gutters
- Basement
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 26, 2022
Sold by
Rong Liya
Bought by
15 Story Street Llc
Current Estimated Value
Purchase Details
Listed on
Sep 24, 2020
Closed on
Jan 6, 2021
Sold by
Quartarone Carmelo and Quartarone Giuseppe
Bought by
Cook Ashley and Wolff Jenelle
Seller's Agent
GEM Properties Group
Compass
Buyer's Agent
Hope Watt-Bucci
Coldwell Banker Realty - Manchester
List Price
$549,900
Sold Price
$540,000
Premium/Discount to List
-$9,900
-1.8%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.34%
Original Mortgage
$459,000
Interest Rate
2.71%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 9, 1993
Sold by
Ccipinti John and Occhipinti Maryann
Bought by
Quartarone Giusseppe and Quartarone Carmelo
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,800
Interest Rate
7.41%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 2, 1989
Sold by
Spinale Salvatore
Bought by
Occhipinti John
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Interest Rate
9.92%
Mortgage Type
Purchase Money Mortgage
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 |
|---|---|---|---|
| 15 Story Street Llc | -- | None Available | |
| 15 Story Street Llc | -- | None Available | |
| Cook Ashley | $540,000 | None Available | |
| Quartarone Giusseppe | $81,000 | -- | |
| Occhipinti John | $150,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Cook Ashley | $459,000 | |
| Previous Owner | Occhipinti John | $64,800 | |
| Previous Owner | Occhipinti John | $142,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/14/2021 01/14/21 | Sold | $540,000 | -1.8% | $203 / Sq Ft |
| 12/08/2020 12/08/20 | Pending | -- | -- | -- |
| 12/01/2020 12/01/20 | For Sale | $549,900 | 0.0% | $207 / Sq Ft |
| 09/30/2020 09/30/20 | Pending | -- | -- | -- |
| 09/24/2020 09/24/20 | For Sale | $549,900 | -- | $207 / 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 | $6,761 | $596,200 | $146,600 | $449,600 |
| 2024 | $6,561 | $564,600 | $146,600 | $418,000 |
| 2023 | $6,318 | $505,000 | $129,300 | $375,700 |
| 2022 | $6,418 | $484,400 | $120,700 | $363,700 |
| 2021 | $5,991 | $434,100 | $112,700 | $321,400 |
| 2020 | $5,933 | $410,600 | $116,700 | $293,900 |
| 2019 | $5,806 | $384,500 | $106,400 | $278,100 |
| 2018 | $5,205 | $338,400 | $92,000 | $246,400 |
| 2017 | $4,825 | $304,200 | $73,600 | $230,600 |
| 2016 | $4,767 | $304,200 | $73,600 | $230,600 |
| 2015 | $4,409 | $268,700 | $63,200 | $205,500 |
Source: Public Records
Agents Affiliated with this Home
-
GEM Properties Group
-
Adele Faso
Seller Co-Listing Agent in 2021
Adele Faso
eXp Realty
(978) 973-3777
2 in this area
19 Total Sales
-
Hope Watt-Bucci
Buyer's Agent in 2021
Hope Watt-Bucci
Coldwell Banker Realty - Manchester
(978) 808-5451
1 in this area
59 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72731825
APN: SALE-000025-000000-000643
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.
Nearby Homes
- 57 Endicott St Unit 2
- 9 Lyme St
- 288-292 Washington & 5 Porter St Ct
- 7 Fairfield St
- 25 Calabrese St
- 22 Calabrese St
- 140 Washington St Unit 1C
- 32 Park St
- 11 Summer St
- 16 Leavitt St Unit 2
- 39 1/2 Harbor St Unit 1
- 38 Chestnut St
- 2A Hazel St Unit 3
- 20 Central St Unit 402
- 304 Essex St Unit 1
- 10 Hazel St Unit 2
- 17 North St Unit 2
- 15 Lynde St Unit 26
- 35 Flint St Unit 209
- 35 Flint St Unit 106
- 106 Margin St Unit 1
- 108 Margin St
- 98 Margin St
- 5 Prescott St
- 85 Summer St
- 112 Margin St
- 112 Margin St Unit 1
- 112 Margin St Unit 2
- 7 Prescott St
- 96 Margin St
- 96 Margin St
- 96 Margin St Unit 2
- 96 Margin St Unit 3
- 12 Unit 1 Prescott St Unit 1
- 83 1/2 Summer St
- 83 Summer St Unit 2
- 83 1/2 Summer St Unit 2
- 83 1/2 Summer St Unit 1
- 12 Prescott St Unit 2
- 12 Prescott St Unit 1