NOT LISTED FOR SALE

Estimated Value: $1,024,000 - $1,259,000

9 Beds
3 Baths
4,039 Sq Ft
$289/Sq Ft Est. Value

Last Sold August 01, 2016

Last sale price $615,000 $152 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $7,399/month

7 Days on Market

About This Home

As of August 2016

This house will be delivered with the first unit empty. Third floor is rented to a relative, occupancy negotiable. Second floor is leased at 1250 until October. This building is very well maintained, with all the right system updates. Vinyl sided, vinyl windows, gas furnaces, and a young roof. Add tons of off-street parking and you have a very solid investment. Owner occupiers will love the spacious first floor back deck and fenced grassy yard. Roomy, well laid out apartments, with LR, EIK and three bedrooms each. Top two units also have enclosed back porches. Common areas are well maintained and clean. Walk to Ashmont or the Talbot commuter rail...Three bedroom units list at 2000/month or more on Zillow for this neioghborhood

Last Agent to Sell the Property

Team King

Cameron Real Estate Group - Salem License #596096370 Listed on: 05/09/2016

Last Buyer's Agent

Nubian Capital

Emorrison Williams

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,672

Year Built

1900

Lot Details

0

Listing Details

  • Lot Description: Paved Drive, Fenced/Enclosed
  • Property Type: Multi-family
  • Lead Paint: Certified Treated
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1900

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 15
  • Total Levels: 3

Exterior Features

  • Foundation: Fieldstone

Garage/Parking

  • Parking Spaces: 6

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 3

Lot Info

  • Zoning: RES

Multi Family

  • Total Bedrooms: 9
  • Total Floors: 6
  • Total Full Baths: 3
  • Total Levels: 3
  • Total Rms: 15
  • Total Rent_1: 2400

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 12, 2023
Sold by
Investomation Llc
Bought by
Tsepkov Mariia and Tsepkov Alexander
Current Estimated Value
$1,166,395

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$994,800
Outstanding Balance
$968,877
Interest Rate
6.31%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$123,907

Purchase Details

Listed on
May 9, 2016
Closed on
Aug 2, 2016
Sold by
Monteiro Antonio B and Thomas-Montiero Beverly E
Bought by
Champagnie Artnel and Desabaye Wendy
Seller's Agent
Team King
Cameron Real Estate Group - Salem
Buyer's Agent
Nubian Capital
Emorrison Williams
List Price
$599,900
Sold Price
$615,000
Premium/Discount to List
$15,100
2.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.52%
Original Mortgage
$461,250
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 15, 2007
Sold by
Monteiro Antonio B
Bought by
Monteiro Antonio B and Thomas-Monteiro Beverly E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,700
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 30, 1999
Sold by
Mhfa
Bought by
Monteiro Antonio B

Purchase Details

Closed on
Jul 29, 1998
Sold by
Murray Charle A and Murray Mhfa
Bought by
Mhfa

Purchase Details

Closed on
Jul 14, 1989
Sold by
Neil Maxine E
Bought by
Murray Charles A
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
Tsepkov Mariia -- None Available
Tsepkov Mariia -- None Available
Champagnie Artnel $615,000 --
Monteiro Antonio B -- --
Monteiro Antonio B -- --
Monteiro Antonio B $129,000 --
Monteiro Antonio B $129,000 --
Mhfa $126,650 --
Mhfa $126,650 --
Murray Charles A $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tsepkov Mariia $994,800
Closed Tsepkov Mariia $994,800
Previous Owner Chapagnie Artnel $290,000
Previous Owner Champagnie Artnel $461,250
Previous Owner Monteiro Antonio B $332,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2016 08/01/16 Sold $615,000 +2.5% $152 / Sq Ft
05/16/2016 05/16/16 Pending -- -- --
05/09/2016 05/09/16 For Sale $599,900 -- $149 / 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 $12,672 $1,094,300 $396,000 $698,300
2024 $11,408 $1,046,600 $339,000 $707,600
2023 $10,407 $969,000 $313,900 $655,100
2022 $9,416 $865,400 $280,300 $585,100
2021 $8,631 $808,900 $262,000 $546,900
2020 $7,273 $688,700 $271,800 $416,900
2019 $6,597 $625,900 $196,800 $429,100
2018 $5,963 $569,000 $196,800 $372,200
2017 $6,908 $652,300 $196,800 $455,500
2016 $6,349 $577,200 $196,800 $380,400
2015 $5,431 $448,500 $137,700 $310,800
2014 $5,038 $400,500 $137,700 $262,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72001806

MLS Property Information Network (MLS PIN)

APN: DORC-000000-000017-001776