11 Phelps St Unit 13 Salem, MA 01970
Broad Street NeighborhoodEstimated Value: $794,000 - $869,084
4
Beds
2
Baths
2,096
Sq Ft
$398/Sq Ft
Est. Value
Highlights
- Granite Flooring
- Waterfront
- 4-minute walk to Bunny Puttman Park
About This Home
As of August 2021Located on a dead end on the edge of the Historic McIntire District, this two family home is a great investment for just about anybody. First floor, 1-bedroom unit, features an open layout, eat in kitchen, separate dining room and tons of light throughout. Upstairs townhouse is mirror image plus 2 bedrooms and an office on third floor. Oversized, tiered yard feels like an estate setting in downtown Salem. 1 split duct air conditioner in each unit. Great storage in basement as well as units. Location offers a quiet neighborhood just minutes from all Salem has to offer.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,600
Year Built
- Built in 1920
Lot Details
- 7,405 Sq Ft Lot
- Waterfront
- Sloped Lot
Parking
- 4 Car Parking Spaces
Home Design
- Stone Foundation
- Frame Construction
- Slate Roof
- Rubber Roof
Interior Spaces
- 2,096 Sq Ft Home
- Property has 1 Level
- Basement Fills Entire Space Under The House
Flooring
- Wood
- Granite
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Utilities
- 2 Heating Zones
- Gas Water Heater
Community Details
- 2 Units
- Net Operating Income $25,200
Listing and Financial Details
- Total Actual Rent $2,100
- Assessor Parcel Number 2131709
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 3, 2021
Closed on
Aug 20, 2021
Sold by
Delgadillo Daniel G and Young Melissa S
Bought by
Amour Ft
Seller's Agent
Merry Fox Team
MerryFox Realty
Buyer's Agent
Dan Duval
Elevated Realty, LLC
List Price
$619,900
Sold Price
$660,000
Premium/Discount to List
$40,100
6.47%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,021
Avg. Annual Appreciation
5.79%
Original Mortgage
$468,000
Outstanding Balance
$430,121
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$388,995
Purchase Details
Listed on
Apr 26, 2017
Closed on
Jun 29, 2017
Sold by
White Joanne E Est
Bought by
Gutierrez-Delgadillo D and Young Melissa S
Seller's Agent
Daniel Meegan
J. Barrett & Company
Buyer's Agent
Amelia Digregorio
Keller Williams Realty Evolution
List Price
$479,900
Sold Price
$495,000
Premium/Discount to List
$15,100
3.15%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.18%
Original Mortgage
$469,500
Interest Rate
4.02%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 1, 1971
Bought by
White Joanne E
Similar Homes in Salem, MA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Amour Ft | $660,000 | None Available | |
| Gutierrez-Delgadillo D | $495,000 | -- | |
| White Joanne E | $29,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Amour Ft | $468,000 | |
| Previous Owner | Delgadillo-Gutierrez D | $456,000 | |
| Previous Owner | Gutierrez-Delgadillo D | $469,500 | |
| Previous Owner | White Joanne E | $245,000 | |
| Previous Owner | White Joanne E | $260,000 | |
| Previous Owner | White Joanne E | $25,000 | |
| Previous Owner | White Joanne E | $40,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/23/2021 08/23/21 | Sold | $660,000 | +6.5% | $315 / Sq Ft |
| 06/08/2021 06/08/21 | Pending | -- | -- | -- |
| 06/03/2021 06/03/21 | For Sale | $619,900 | +25.2% | $296 / Sq Ft |
| 06/29/2017 06/29/17 | Sold | $495,000 | +3.1% | $236 / Sq Ft |
| 05/05/2017 05/05/17 | Pending | -- | -- | -- |
| 04/26/2017 04/26/17 | For Sale | $479,900 | -- | $229 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $8,597 | $758,100 | $217,200 | $540,900 |
| 2024 | $8,222 | $707,600 | $206,400 | $501,200 |
| 2023 | $8,044 | $643,000 | $190,500 | $452,500 |
| 2022 | $8,018 | $605,100 | $184,100 | $421,000 |
| 2021 | $7,600 | $550,700 | $171,400 | $379,300 |
| 2020 | $7,355 | $509,000 | $161,900 | $347,100 |
| 2019 | $7,281 | $482,200 | $153,700 | $328,500 |
| 2018 | $5,741 | $373,300 | $146,000 | $227,300 |
| 2017 | $5,329 | $336,000 | $123,200 | $212,800 |
| 2016 | $5,176 | $330,300 | $117,500 | $212,800 |
| 2015 | $5,017 | $305,700 | $107,900 | $197,800 |
Source: Public Records
Agents Affiliated with this Home
-
Merry Fox Team
M
Seller's Agent in 2021
Merry Fox Team
MerryFox Realty
13 in this area
271 Total Sales
-
Dan Duval
Buyer's Agent in 2021
Dan Duval
Elevated Realty, LLC
(617) 729-2761
1 in this area
261 Total Sales
-
Daniel Meegan
Seller's Agent in 2017
Daniel Meegan
J. Barrett & Company
(617) 388-8500
1 in this area
74 Total Sales
-
A
Buyer's Agent in 2017
Amelia Digregorio
Keller Williams Realty Evolution
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72842917
APN: SALE-000025-000000-000319
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.
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.
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