NOT LISTED FOR SALE

Estimated Value: $484,000 - $650,850

3 Beds
2 Baths
1,444 Sq Ft
$407/Sq Ft Est. Value

Last Sold July 27, 2018

Last sale price $307,000 $213 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $3,500/month

8 Days on Market

Highlights

  • Wood Flooring
  • Fenced Yard
  • 2-minute walk to Charles R. Curtis Memorial Park
  • Attic

About This Home

As of July 2018

First time this property has been on the market in 32 years. It does need updating throughout. This house offers one and a half baths, 3 bedrooms (one of which is a walk thru). Tucked behind a house, on a one-way street, the house has a nice size yard with a two car driveway and just blocks from the ocean. Looking to build "sweat equity" and transform a house into exactly what you want, then come check out this property. It is close to the train, ferry, Collins Cove and all that downtown Salem has to offer.

Last Agent to Sell the Property

Tess DiMatteo

J. Barrett & Company Listed on: 05/30/2018

Last Buyer's Agent

Susan Keenan

RE/MAX 360 License #454000607

RE/MAX 360

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,070

Year Built

  • Built in 1890

Lot Details

  • Year Round Access
  • Fenced Yard

Interior Spaces

  • Window Screens
  • Range
  • Attic
  • Basement

Flooring

  • Wood
  • Laminate
  • Vinyl

Outdoor Features

  • Rain Gutters

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas
  • Natural Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,070

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Single Family Type: Detached
  • Other Agent: 1.00
  • Year Built Description: Actual
  • List Price Per Sq Ft: 218.14
  • Comp Based On: Gross/Full Sale Price
  • Year Built: 1890
  • Lead Paint: Unknown
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1890

Interior Features

  • Flooring: Wood, Vinyl, Laminate
  • Interior Amenities: Walk-up Attic
  • Appliances: Range, Refrigerator
  • No Bedrooms: 3
  • Master Bedroom: On Level: Second Floor
  • Bedroom 2: On Level: Second Floor
  • Bedroom 3: On Level: Second Floor
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bathroom 1: On Level: First Floor
  • Bathroom 2: On Level: Second Floor
  • No Rooms: 7
  • Family Room: On Level: First Floor
  • Living Room: On Level: First Floor
  • Basement: Y
  • Basement Features: Full, Unfinished Basement
  • Main Lo: C95243
  • Main So: C58300
  • Estimated Sq Ft: 1444.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 1/10 to 3/10
  • Construction: Post & Beam
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Aluminum
  • Exterior Features: Gutters, Screens, Fenced Yard
  • Foundation: Granite
  • Insulation Feature: Unknown

Garage/Parking

  • Parking Feature: Off-Street, On Street Permit
  • Parking Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: 100 Amps
  • Sewage District: SESD
  • Cooling: Window AC
  • Heating: Gas
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Oven, for Electric Dryer, Washer Hookup

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Tennis Court, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University

Schools

  • Elementary School: Carlton
  • Middle School: Collins
  • High School: Salem

Lot Info

  • Assessments: 256700.00
  • Acre: 0.07
  • Lot Size: 2856.00
  • Page: 408
  • Zoning: R
  • Lot Description: Paved Drive

Tax Info

  • Taxes: 3948.05

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2018
Closed on
Jul 27, 2018
Sold by
Tungkhar Tsewang N
Bought by
Palle Prabhakar R
Seller's Agent
Tess DiMatteo
J. Barrett & Company
Buyer's Agent
Susan Keenan
RE/MAX 360
List Price
$315,000
Sold Price
$307,000
Premium/Discount to List
-$8,000
-2.54%
Current Estimated Value
$546,956

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$239,956
Avg. Annual Appreciation
9.87%
Original Mortgage
$230,250
Outstanding Balance
$148,263
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$448,246

Purchase Details

Closed on
Feb 24, 1986
Bought by
Tungkhar Tsewang N
Source: Public Records

Range of Values:

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Average Value
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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
Palle Prabhakar R $307,000 --
Tungkhar Tsewang N $94,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palle Prabhakar R $230,250
Previous Owner Tungkhar Tsewang N $22,000
Previous Owner Tungkhar Tsewang N $46,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2018 07/27/18 Sold $307,000 -2.5% $213 / Sq Ft
06/07/2018 06/07/18 Pending -- -- --
05/30/2018 05/30/18 For Sale $315,000 -- $218 / 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 $6,070 $535,300 $152,500 $382,800
2024 $5,825 $501,300 $144,400 $356,900
2023 $5,322 $425,400 $133,700 $291,700
2022 $5,146 $388,400 $125,700 $262,700
2021 $5,218 $378,100 $125,700 $252,400
2020 $4,368 $302,300 $108,600 $193,700
2019 $4,349 $288,000 $103,200 $184,800
2018 $3,948 $256,700 $98,400 $158,300
2017 $3,637 $229,300 $80,200 $149,100
2016 $3,527 $225,100 $76,000 $149,100
2015 $3,426 $208,800 $68,500 $140,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72335390

MLS Property Information Network (MLS PIN)

APN: SALE-000036-000000-000290