$399,900
SOLD AUG 11, 2017
4 Beds
3 Baths
1,876 Sq Ft
3,049 Sq Ft Lot

Recently Sold

$213 Per Sq Ft

3% Above List Price

18 Days on Market

About This Home

As of March 2020

Located in Collins Cove, this is a unique opportunity to own a two-family building with flexible floor plans, separate utilities and off-street parking. You'll enjoy the Summer evenings in the fenced-in yard or visit the area beaches. Close to both downtown Salem and Beverly, commuter rail stations, area restaurants and more!

Last Agent to Sell the Property

Gayle Estrella

Coldwell Banker Realty - Beverly Listed on: 05/04/2017

Coldwell Banker Realty - Beverly

Last Buyer's Agent

Nancy Yorgy

Keller Williams Realty Evolution

Keller Williams Realty Evolution

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,280

Year Built

1870

Lot Details

0

Listing Details

  • Lot Description: Fenced/Enclosed, Level
  • Property Type: Multi-family
  • Lead Paint: Unknown
  • Year Round: Yes
  • Year Built Description: Approximate
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1870

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 10
  • Amenities: Public Transportation, Shopping, Park, Medical Facility, Bike Path, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University, Other (See Remarks)
  • Electric: 220 Volts, 100 Amps, Individually Metered
  • Energy: Insulated Windows, Insulated Doors
  • Flooring: Vinyl, Wall to Wall Carpet, Laminate
  • Basement: Full
  • Full Bathrooms: 3
  • Total Levels: 2
  • Main Lo: K95001
  • Main So: C95098
  • Estimated Sq Ft: 1876.00

Exterior Features

  • Construction: Frame
  • Exterior: Shingles, Wood
  • Exterior Features: Porch, Gutters, Screens
  • Foundation: Fieldstone
  • Beach: Harbor, Ocean, Walk to
  • Beach Ownership: Public

Garage/Parking

  • Parking: Off-Street, Tandem
  • Parking Spaces: 3

Utilities

  • Heat Zones: 2
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 2

Schools

  • High School: Salem High

Lot Info

  • Zoning: res
  • Lot: 0344
  • Acre: 0.07
  • Lot Size: 2848.00

Multi Family

  • Heat Units: 2
  • Total Bedrooms: 4
  • Total Floors: 3
  • Total Full Baths: 3
  • Total Levels: 2
  • Total Rms: 10
  • Multi Family Type: 2 Family - 2 Units Up/Down

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%
Current Estimated Value
$678,300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$238,300
Avg. Annual Appreciation
9.75%
Original Mortgage
$352,000
Outstanding Balance
$315,622
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$412,147

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

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Not Resolvable $440,000 None Available
Not Resolvable $399,900 --
Not Resolvable $270,000 --
Deed $132,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $352,000 New Conventional
Previous Owner $358,160 FHA
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: 72158837

MLS Property Information Network (MLS PIN)

APN: SALE-000036-000000-000344