NOT LISTED FOR SALE

11 Cypress St Salem, MA 01970

South Salem Neighborhood

Estimated Value: $518,000 - $802,000

4 Beds
2 Baths
1,900 Sq Ft
$352/Sq Ft Est. Value

Last Sold October 31, 2014

Last sale price $250,000 $132 Per Sq Ft

Est. 167% increase in value since last sale

Current estimated payment $4,209/month

160 Days on Market

About This Home

As of October 2014

Classic 2 family on corner of Canal Street and Cypress Street. 4 Rooms, 2 bedrooms of good size in each unit. Second floor a bit more spacious and has enclosed sun room, new kitchen, new bath & new carpeting. Common basement with individual laundry and storage for each unit. All separate utilities. Updated heat one unit, electric and windows. First floor kitchen remodeled since ownership. First floor rented, second floor vacant and ready for owner occupancy.

Last Listed By

Luciano Leone Team

Listed on: 04/24/2014

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,045

Year Built

1910

Lot Details

0

Listing Details

  • Lot Description: Corner, City View(s), Level
  • Other Agent: 2.00
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1910

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 8
  • Amenities: Public Transportation
  • Electric: Circuit Breakers
  • Energy: Insulated Windows
  • Flooring: Wood, Vinyl, Wall to Wall Carpet
  • Basement: Full, Interior Access, Concrete Floor

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Vinyl
  • Exterior Features: Gutters
  • Foundation: Brick, Granite

Garage/Parking

  • Parking: Off-Street, On Street Permit, Paved Driveway
  • Parking Spaces: 0

Utilities

  • Heat Zones: 2
  • Hot Water: Natural Gas, Tank
  • Utility Connections: for Gas Range, for Electric Dryer

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2014
Closed on
Oct 31, 2014
Sold by
Cercone James and Cercone Maria
Bought by
Dudonnet-Olsen Desiree A
Seller's Agent
Luciano Leone Team
Buyer's Agent
Luciano Leone Team
List Price
$299,000
Sold Price
$250,000
Premium/Discount to List
-$49,000
-16.39%
Total Days on Market
160
Current Estimated Value
$668,262

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$418,262
Avg. Annual Appreciation
9.22%
Original Mortgage
$178,062
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 20, 2001
Sold by
134 Canal Street Rt
Bought by
Cerone James and Cerone Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
6.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 18, 2000
Sold by
Mclaughlin Maryjane A
Bought by
134 Canal St Rt

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Similar Home in the area

  • 15 Margin St, Peabody, MA 01960

    $634,900

    • 3 Beds
    • 2 Baths
    • 1,664 Sq Ft
    • 15 Margin St
    • Peabody, MA

    **SUNDAY OPEN HOUSE CANCELLED!** Two-family home in prime Peabody location close to shops, MBTA, churches and schools. Ideal for investors, first-time buyers or owner occupiers seeking supplemental income. 1st floor unit (larger unit) is conveniently vacant and features an eat in kitchen, 2 ample sized bedrooms and 1 full bath. The living room/dining room layout allows for creative use of space,

    Nicole Hanlon Lyv Realty

    Section Image
See All Homes in Salem

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
Dudonnet-Olsen Desiree A $250,000 --
Cerone James $230,000 --
134 Canal St Rt $84,000 --
134 Canal St Rt $81,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dudonnet-Olsen Desiree A $301,750
Closed Dudonnet-Olsen Desiree A $204,517
Closed Dudonnet-Olsen Desiree A $50,000
Closed Dudonnet-Olsen Desiree A $178,753
Closed Dudonnet-Olsen Desiree A $178,062
Previous Owner Mclaughlin Maryjane A $184,000
Previous Owner Mclaughlin Maryjane A $184,000
Previous Owner Mclaughlin Maryjane A $68,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2014 10/31/14 Sold $250,000 -16.4% $132 / Sq Ft
10/01/2014 10/01/14 Pending -- -- --
04/24/2014 04/24/14 For Sale $299,000 -- $157 / 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 $6,045 $533,100 $158,300 $374,800
2024 $5,774 $496,900 $150,000 $346,900
2023 $5,579 $446,000 $138,900 $307,100
2022 $5,690 $429,400 $130,600 $298,800
2021 $5,517 $399,800 $130,600 $269,200
2020 $5,261 $364,100 $112,800 $251,300
2019 $5,037 $333,600 $107,200 $226,400
2018 $4,680 $304,300 $102,200 $202,100
2017 $4,333 $273,200 $83,300 $189,900
2016 $4,212 $268,800 $78,900 $189,900
2015 -- $260,300 $71,100 $189,200
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71668933

MLS Property Information Network (MLS PIN)

APN: SALE-000034-000000-000068

Massachusetts Essex County Salem 01970 South Salem

11 Cypress St, Salem, MA

Homes for Sale in Salem, MA

This home is located at 11 Cypress St, Salem, MA 01970 since 24 April 2014 and is currently estimated at $668,262, approximately $351 per square foot. This property was built in 1910. 11 Cypress St is a home located in Essex County with nearby schools including Saltonstall School, Carlton Elementary School, and Bates Elementary School.

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.

MLS Property Information Network (MLS PIN) 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