S
Seller's Agent in 2025
Sonya Aoude
Law Offices of Bradford Eliot Keene, P.C.
1 in this area
11 Total Sales
11 Ropes St Salem, MA 01970
The Point Neighborhood
8
Beds
4
Baths
4,486
Sq Ft
4,116
Sq Ft Lot
Highlights
- Granite Flooring
- Living Room
- Dining Room
About This Home
As of June 2025Discover the potential of this spacious and well-located multifamily property, offering versatility and strong income potential. Property Features, three large, well-appointed units, generously sized bedrooms in each unit, private driveway plus additional resident street parking. Short walking distance to the commuter rail station, steps from Salem’s vibrant downtown shopping and restaurant district. This is a rare opportunity for investors or owner-occupants to own a versatile property with long-term upside. Whether you’re looking to generate rental income, create a multi-generational living space, or explore future value-add possibilities, this property offers endless potential.
Last Agent to Sell the Property
Law Offices of Bradford Eliot Keene, P.C. Listed on: 04/16/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,327
Year Built
- Built in 1915
Lot Details
- 4,116 Sq Ft Lot
Interior Spaces
- 4,486 Sq Ft Home
- Property has 1 Level
- Living Room
- Dining Room
- Granite Flooring
- Finished Basement
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Full Bathrooms
Parking
- 1 Car Parking Space
- Driveway
- Open Parking
Community Details
- 3 Units
- Net Operating Income $71,400
Listing and Financial Details
- Assessor Parcel Number M:34 L:0271,2135733
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 16, 2025
Closed on
Jun 4, 2025
Sold by
Sena Marlene and Taveras David A
Bought by
Reyes Alexander
Seller's Agent
Sonya Aoude
Law Offices of Bradford Eliot Keene, P.C.
Buyer's Agent
Joaquin Lemus
Keller Williams Realty Evolution
List Price
$969,000
Sold Price
$1,050,000
Premium/Discount to List
$81,000
8.36%
Views
23
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
-$37,147
Avg. Annual Appreciation
-5.92%
Original Mortgage
$840,000
Outstanding Balance
$836,385
Interest Rate
6.81%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$176,468
Purchase Details
Closed on
May 21, 2019
Sold by
Lugo Isabel
Bought by
Taveras David A and Sena Marlene
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$414,631
Interest Rate
4%
Mortgage Type
FHA
Purchase Details
Closed on
Mar 5, 2007
Sold by
Sena Feliciano
Bought by
Lugo Isabel
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$358,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 31, 1990
Sold by
Morrison Joseph B
Bought by
Sena Feliciano
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
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $1,050,000 | None Available | |
| Quit Claim Deed | $1,050,000 | None Available | |
| Quit Claim Deed | $1,050,000 | None Available | |
| Quit Claim Deed | $455,000 | -- | |
| Quit Claim Deed | $455,000 | -- | |
| Quit Claim Deed | $455,000 | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | $149,000 | -- | |
| Deed | $149,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $840,000 | Purchase Money Mortgage | |
| Closed | $840,000 | Purchase Money Mortgage | |
| Previous Owner | $414,631 | FHA | |
| Previous Owner | $358,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/04/2025 06/04/25 | Sold | $1,050,000 | +8.4% | $234 / Sq Ft |
| 04/22/2025 04/22/25 | Pending | -- | -- | -- |
| 04/16/2025 04/16/25 | For Sale | $969,000 | -- | $216 / 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 | $10,327 | $910,700 | $167,200 | $743,500 |
| 2024 | $9,477 | $815,600 | $158,400 | $657,200 |
| 2023 | $9,344 | $746,900 | $146,700 | $600,200 |
| 2022 | $8,933 | $674,200 | $137,900 | $536,300 |
| 2021 | $8,675 | $628,600 | $137,900 | $490,700 |
| 2020 | $7,920 | $548,100 | $119,100 | $429,000 |
| 2019 | $8,311 | $550,400 | $113,200 | $437,200 |
| 2018 | $7,435 | $483,400 | $108,000 | $375,400 |
| 2017 | $6,961 | $438,900 | $88,000 | $350,900 |
| 2016 | $6,804 | $434,200 | $83,300 | $350,900 |
| 2015 | $6,608 | $402,700 | $75,100 | $327,600 |
Source: Public Records
Agents Affiliated with this Home
-
Sonya Aoude
-
Joaquin Lemus
Buyer's Agent in 2025
Joaquin Lemus
Keller Williams Realty Evolution
(781) 913-4748
1 in this area
52 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73360416
APN: SALE-000034-000000-000271
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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