NOT LISTED FOR SALE

Estimated Value: $781,000 - $938,665

4 Beds
2 Baths
2,160 Sq Ft
$402/Sq Ft Est. Value

Last Sold July 14, 2021

Last sale price $689,900 $319 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $5,234/month

7 Days on Market

Highlights

  • Ocean View
  • Porch
  • 1-minute walk to Collins Cove Park
  • Wood Flooring

About This Home

As of July 2021

Fantastic well maintained Colonial two family in lovely seaside Collins Cove neighborhood convenient to downtown and train, Salem Common and all that Historic Salem has to offer. Lots of updates and upgrades, plus attic expansion possibilities. All separate updated utilities including gas heat, hot water, and cooking, new roof and a charming level back yard, and a two car garage. There are two working fireplaces. Beautiful entrance hall staircase. Great for owner occupant, developer or investor. Great curb appeal with Greek Revival accents and large farmers porch. All offers due by Monday, May 3 at 5PM. Seller reserves right to choose any acceptable offer before all offers due time.

Last Agent to Sell the Property

Ted Richard

J. Barrett & Company Listed on: 04/28/2021

Last Buyer's Agent

Vanessa Nixon

Nixon Homes LTD

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,788

Year Built

  • Built in 1845

Lot Details

  • 5,663

Parking

  • 2 Car Garage

Property Views

  • Ocean
  • Harbor

Additional Features

  • Wood Flooring
  • Porch
  • Year Round Access
  • Natural Gas Water Heater
  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:36 L:0366

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,788

Year Built

Built in 1845

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-family
  • Other Agent: 1.00
  • Year Built Description: Certified Historic
  • List Price Per Sq Ft: 277.73
  • Comp Based On: Gross/Full Sale Price
  • Year Built: 1845
  • Lead Paint: Unknown
  • Year Round: Yes
  • Levels: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1845

Interior Features

  • Fireplaces: 2
  • Flooring: Wood
  • Total Flrs: 3
  • Total Frplcs: 2
  • No Bedrooms: 4
  • Total Brs: 4
  • Full Bathrooms: 2
  • Total Fbh: 2
  • No Rooms: 10
  • Basement: Y
  • Basement Features: Full
  • Main Lo: C95243
  • Main So: AN4864
  • Estimated Sq Ft: 2160.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 0 to 1/10 Mile
  • Waterview Features: Harbor, Ocean
  • Waterview Flag: Yes
  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Clapboard, Wood
  • Exterior Features: Porch
  • Foundation: Granite
  • Foundation Size: irregular

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 4
  • Garage Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Fuses, 100 Amps
  • Sewage District: SESD
  • Heat Zones: 2
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range

Condo/Co-op/Association

  • Amenities: Public Transportation, Bike Path, T-Station, University

Lot Info

  • Assessments: 501800.00
  • Acre: 0.13
  • Lot Size: 5663.00
  • Page: 213
  • Parcel Number: M:36 L:0366
  • Zoning: R2
  • Lot Description: Paved Drive

Green Features

  • Energy Features: Storm Windows

Multi Family

  • Heat Units: 2
  • Total Levels: 2
  • Total Rent: 2470
  • Total Rms: 10
  • No Units: 2
  • Mf Type: 2 Family

Tax Info

  • Taxes: 6925.00
  • Assessor Parcel Number: 2137503
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2021
Closed on
Jul 13, 2021
Sold by
Jackson Brian and Jackson Erin S
Bought by
Decamargo Debora C
Seller's Agent
Ted Richard
J. Barrett & Company
Buyer's Agent
Vanessa Nixon
Nixon Homes LTD
List Price
$599,900
Sold Price
$689,900
Premium/Discount to List
$90,000
15%
Current Estimated Value
$868,166

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,266
Avg. Annual Appreciation
7.29%
Original Mortgage
$666,874
Outstanding Balance
$611,605
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$315,567

Purchase Details

Closed on
May 21, 2014
Sold by
Jackson Erin S
Bought by
Jackson Brian and Jackson Erin S

Purchase Details

Closed on
Jun 20, 2003
Sold by
Jenkins Barbara P and Jenkins Lucille E
Bought by
Power Erin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,780
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage
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
Decamargo Debora C $689,900 None Available
Jackson Brian -- --
Power Erin $369,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Decamargo Debora C $66,500
Open Decamargo Debora C $666,874
Previous Owner Jenkins Lucille E $288,126
Previous Owner Jenkins Lucille E $364,780
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2021 07/14/21 Sold $689,900 +15.0% $319 / Sq Ft
05/05/2021 05/05/21 Pending -- -- --
04/28/2021 04/28/21 For Sale $599,900 -- $278 / Sq Ft
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 $7,788 $686,800 $173,800 $513,000
2024 $7,444 $640,600 $164,700 $475,900
2023 $7,286 $582,400 $152,500 $429,900
2022 $7,221 $545,000 $143,300 $401,700
2021 $6,925 $501,800 $143,300 $358,500
2020 $6,527 $451,700 $123,800 $327,900
2019 $6,469 $428,400 $117,700 $310,700
2018 $5,841 $379,800 $112,200 $267,600
2017 $5,423 $341,900 $91,500 $250,400
2016 $5,281 $337,000 $86,600 $250,400
2015 $4,948 $301,500 $78,100 $223,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72821764

MLS Property Information Network (MLS PIN)

APN: SALE-000036-000000-000366