NOT LISTED FOR SALE

Estimated Value: $652,000 - $731,305

4 Beds
3 Baths
1,876 Sq Ft
$371/Sq Ft Est. Value

Last Sold March 09, 2020

Last sale price $440,000 $235 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $4,410/month

101 Days on Market

About This Home

As of March 2020

Don't miss this well maintained two family located less than a block from Collins Cove Park, and a short distance from the commuter rail and downtown Salem. Recent upgrades include newer roof, and two brand new gas heating systems and hot water heaters. Common laundry in basement. Off street parking for 3-4 cars and fenced in yard. Ready for new tenants! Property to be delivered vacant and has a great rental history.

Last Agent to Sell the Property

Crowell & Frost Realty Group

J. Barrett & Company Listed on: 10/30/2019

Last Buyer's Agent

Steven Boccelli

The Central Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,280

Year Built

  • Built in 1870

Lot Details

  • 3,049

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile
  • Vinyl

Utilities

  • Natural Gas Water Heater

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:36 L:0344

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,280

Year Built

Built in 1870

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 1.00
  • Insc: 1064
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 239.82
  • Comp Based On: Gross/Full Sale Price
  • Year Built: 1870
  • Lead Paint: Unknown
  • Levels: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1870

Interior Features

  • Flooring: Wood, Tile, Vinyl, Wall to Wall Carpet
  • Total Flrs: 3
  • No Bedrooms: 4
  • Total Brs: 4
  • Full Bathrooms: 3
  • Total Fbh: 3
  • No Rooms: 8
  • Basement: Y
  • Basement Features: Full, Interior Access, Concrete Floor
  • Main Lo: C95243
  • Main So: C95261
  • Estimated Sq Ft: 1876.00

Exterior Features

  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Wood
  • Foundation: Fieldstone

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 3

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers, Individually Metered
  • Heat Zones: 2
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range, Washer Hookup

Condo/Co-op/Association

  • App Common: Washer, Dryer
  • Hea Common: Hot Water Baseboard, Gas

Lot Info

  • Assessments: 353100.00
  • Acre: 0.07
  • Lot Size: 3049.00
  • Page: 234
  • Parcel Number: M:36 L:0344
  • Zoning: R2
  • Lot Description: Level

Multi Family

  • Heat Units: 2
  • Total Levels: 2
  • Total Rent: 4200
  • Total Rms: 8
  • No Units: 2
  • Mf Type: 2 Family

Tax Info

  • Taxes: 5332.00
  • Assessor Parcel Number: 2137478

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2019
Closed on
Feb 28, 2020
Sold by
Saliba Fadi and Saliba Kimberly M
Bought by
Mcdonald Samantha E
Seller's Agent
Crowell & Frost Realty Group
J. Barrett & Company
Buyer's Agent
Steven Boccelli
The Central Group
List Price
$449,900
Sold Price
$440,000
Premium/Discount to List
-$9,900
-2.2%
Total Days on Market
101
Current Estimated Value
$695,076

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$255,076
Avg. Annual Appreciation
8.65%
Original Mortgage
$352,000
Outstanding Balance
$315,622
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$364,574

Purchase Details

Listed on
May 4, 2017
Closed on
Aug 11, 2017
Sold by
Alex Forger and Forero Jamie A
Bought by
Saliba Kimberly M and Saliba Fadi
Seller's Agent
Gayle Estrella
Coldwell Banker Realty - Beverly
Buyer's Agent
Nancy Yorgy
Keller Williams Realty Evolution
List Price
$389,900
Sold Price
$399,900
Premium/Discount to List
$10,000
2.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.77%
Original Mortgage
$358,160
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Listed on
Jul 9, 2014
Closed on
Oct 3, 2014
Sold by
Zamakis Georgios and Zamakis Triantafila
Bought by
Forero Jaime A
Seller's Agent
Vasia Kalaras
J. Barrett & Company
Buyer's Agent
Marlene Lara
Cameron Real Estate Group
List Price
$299,900
Sold Price
$270,000
Premium/Discount to List
-$29,900
-9.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.72%

Purchase Details

Closed on
Jan 27, 1988
Sold by
Tzortzes John
Bought by
Zamakis Georgios
Source: Public Records

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Range of Values:

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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
Mcdonald Samantha E $440,000 None Available
Saliba Kimberly M $399,900 --
Forero Jaime A $270,000 --
Zamakis Georgios $132,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcdonald Samantha E $352,000
Previous Owner Saliba Kimberly M $358,160
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/09/2020 03/09/20 Sold $440,000 -2.2% $235 / Sq Ft
02/08/2020 02/08/20 Pending -- -- --
02/08/2020 02/08/20 For Sale $449,900 +2.3% $240 / Sq Ft
12/26/2019 12/26/19 Off Market $440,000 -- --
12/17/2019 12/17/19 Price Changed $449,900 -4.3% $240 / Sq Ft
11/19/2019 11/19/19 Price Changed $469,900 -3.9% $250 / Sq Ft
10/30/2019 10/30/19 For Sale $489,000 +22.3% $261 / Sq Ft
08/11/2017 08/11/17 Sold $399,900 +2.6% $213 / Sq Ft
05/22/2017 05/22/17 Pending -- -- --
05/04/2017 05/04/17 For Sale $389,900 +44.4% $208 / Sq Ft
10/03/2014 10/03/14 Sold $270,000 -10.0% $144 / Sq Ft
09/03/2014 09/03/14 Pending -- -- --
07/09/2014 07/09/14 For Sale $299,900 -- $160 / 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 $6,280 $553,800 $161,800 $392,000
2024 $6,016 $517,700 $153,300 $364,400
2023 $5,822 $465,400 $141,900 $323,500
2022 $5,924 $447,100 $133,400 $313,700
2021 $5,759 $417,300 $133,400 $283,900
2020 $5,381 $372,400 $115,200 $257,200
2019 $5,332 $353,100 $109,600 $243,500
2018 $4,929 $320,500 $104,500 $216,000
2017 $4,316 $272,100 $85,200 $186,900
2016 $4,192 $267,500 $80,600 $186,900
2015 $4,276 $260,600 $72,700 $187,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72586543

MLS Property Information Network (MLS PIN)

APN: SALE-000036-000000-000344