NOT LISTED FOR SALE

Estimated Value: $902,000 - $989,000

4 Beds
3 Baths
2,330 Sq Ft
$407/Sq Ft Est. Value

Last Sold July 20, 2017

Last sale price $585,000 $251 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $6,102/month

42 Days on Market

About This Home

As of July 2017

Rare opportunity to own a new construction in Salem full of modern amenities! This home is ideally located on a quiet dead-end street in the heart of the Gallows Hill neighborhood. Features a landscaped lawn, 2 car garage, front porch, and hardwood throughout. First floor boasts an open floor plan and kitchen with granite island/countertops that opens up to back deck. Perfect for summer grilling! 4 bedrooms are located on the 2nd floor, including a master suite complete with double closets, master bath and reading nook!

Last Agent to Sell the Property

Herrick Lutts Realty Partners

Herrick Lutts Realty Partners Listed on: 05/09/2017

Last Buyer's Agent

Hong Shuang Ma

eXp Realty

eXp Realty

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2017
Closed on
Jul 20, 2017
Sold by
3 Malone Llc
Bought by
Qing-Guan Ping
Seller's Agent
Herrick Lutts Realty Partners
Herrick Lutts Realty Partners
Buyer's Agent
Hong Shuang Ma
eXp Realty
List Price
$599,900
Sold Price
$585,000
Premium/Discount to List
-$14,900
-2.48%
Total Days on Market
42
Current Estimated Value
$947,711

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$362,711
Avg. Annual Appreciation
6.28%
Original Mortgage
$360,000
Outstanding Balance
$202,074
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$743,591

Purchase Details

Closed on
Jan 6, 2017
Sold by
Bartlett & Steadman Dev
Bought by
3 Malone Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.03%
Mortgage Type
Commercial
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
Qing-Guan Ping $585,000 --
3 Malone Llc $177,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Qing-Guan Ping $360,000
Previous Owner 3 Malone Llc $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2017 07/20/17 Sold $585,000 -2.5% $251 / Sq Ft
06/20/2017 06/20/17 Pending -- -- --
05/09/2017 05/09/17 For Sale $599,900 -- $257 / 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 $9,387 $827,800 $216,500 $611,300
2024 $9,181 $790,100 $205,700 $584,400
2023 $8,947 $715,200 $189,900 $525,300
2022 $8,924 $673,500 $193,100 $480,400
2021 $8,270 $599,300 $193,100 $406,200
2020 $8,303 $574,600 $172,800 $401,800
2019 $8,291 $549,100 $164,600 $384,500
2018 $8,065 $524,400 $164,600 $359,800
2017 $422 $26,600 $26,600 $0
2016 $417 $26,600 $26,600 $0
2015 $437 $26,600 $26,600 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72161002

MLS Property Information Network (MLS PIN)

APN: SALE-000009-000000-000259