NOT LISTED FOR SALE

Estimated Value: $723,572 - $776,000

4 Beds
3 Baths
1,942 Sq Ft
$383/Sq Ft Est. Value

Last Sold May 21, 2015

Last sale price $330,000 $170 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $4,621/month

29 Days on Market

About This Home

As of May 2015

Outstanding value in historic Salem! This multi-family home has been in the family for the past five decades and well maintained. Close to Salem State University, restaurants and public transportation. Updates include new gas forced hot air furnace installed in 2012, new hot water tanks installed in 2011-2012, updated insulated windows and newer roof. Hardwood floors, high ceilings, good size yard, perfect for gardening and those summer cookouts. Plenty of off street parking and beautiful street views.

Last Agent to Sell the Property

William Mazzola

WGM Realty Group Listed on: 03/23/2015

Last Buyer's Agent

Patrick Runne

Armstrong Field Real Estate License #454007433

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,785

Year Built

1890

Lot Details

0

Listing Details

  • Lot Description: Level
  • Other Agent: 1.00
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1890

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 9
  • Amenities: Other (See Remarks)
  • Electric: Circuit Breakers
  • Energy: Insulated Windows
  • Flooring: Wood, Vinyl, Wall to Wall Carpet
  • Basement: Full, Bulkhead, Concrete Floor

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Other (See Remarks)
  • Exterior Features: Gutters, Storage Shed, Screens, Garden Area
  • Foundation: Brick, Other (See Remarks)

Garage/Parking

  • Parking: Off-Street
  • Parking Spaces: 5

Utilities

  • Heat Zones: 1
  • Hot Water: Natural Gas, Tank
  • Utility Connections: for Gas Range, for Gas Oven, for Gas Dryer, Washer Hookup

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2015
Closed on
May 21, 2015
Sold by
11 Glendale Street T
Bought by
Commotion Rt
Seller's Agent
William Mazzola
WGM Realty Group
Buyer's Agent
Patrick Runne
Armstrong Field Real Estate
List Price
$329,900
Sold Price
$330,000
Premium/Discount to List
$100
0.03%
Current Estimated Value
$744,393

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$414,393
Avg. Annual Appreciation
8.05%
Original Mortgage
$247,500
Outstanding Balance
$193,807
Interest Rate
3.66%
Mortgage Type
New Conventional
Estimated Equity
$536,743
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 Buyer Sale Price Title Company
Commotion Rt $330,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Commotion Rt $247,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2015 05/21/15 Sold $330,000 0.0% $170 / Sq Ft
04/21/2015 04/21/15 Pending -- -- --
03/23/2015 03/23/15 For Sale $329,900 -- $170 / 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 $6,785 $598,300 $210,300 $388,000
2024 $6,357 $547,100 $199,900 $347,200
2023 $6,166 $492,900 $184,500 $308,400
2022 $6,351 $479,300 $178,400 $300,900
2021 $6,036 $437,400 $166,100 $271,300
2020 $5,929 $410,300 $156,800 $253,500
2019 $5,871 $388,800 $148,800 $240,000
2018 $5,454 $354,600 $141,500 $213,100
2017 $5,058 $318,900 $119,300 $199,600
2016 $4,911 $313,400 $113,800 $199,600
2015 $4,759 $290,000 $104,600 $185,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71804920

MLS Property Information Network (MLS PIN)

APN: SALE-000033-000000-000642