NOT LISTED FOR SALE

Estimated Value: $788,000 - $888,000

6 Beds
2 Baths
2,504 Sq Ft
$334/Sq Ft Est. Value

Last Sold April 30, 2015

Last sale price $460,000 $184 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $5,332/month

79 Days on Market

Highlights

  • Waterfront
  • Property is near public transit
  • 2 Fireplaces
  • Deck
  • Wood Flooring
  • 3-minute walk to Swiniuch Park

About This Home

As of April 2015

Great 2 family; awesome Derby Street location! This immaculate building features 2 three bedroom units or large 2 bedroom units. Recent upgrades; beautiful hardwood floors, separate electric panels in each unit, separate laundry hook-ups, non working fireplaces waiting for that gas or pellet stove insert. Moments to restaurants Salem Harbor, shopping and public transportation. Don’t forget, 6+ car parking!

Last Listed By

Jerald Tache

Tache Real Estate, Inc. Listed on: 12/26/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,509

Year Built

  • Built in 1850

Lot Details

  • 3,049 Sq Ft Lot
  • Waterfront
  • Level Lot

Home Design

  • Brick Foundation
  • Block Foundation
  • Frame Construction
  • Shingle Roof
  • Rubber Roof

Interior Spaces

  • 2,504 Sq Ft Home
  • Property has 1 Level
  • 2 Fireplaces
  • Insulated Windows
  • Washer and Electric Dryer Hookup

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • 6 Car Parking Spaces
  • Shared Driveway
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Walking Distance to Water
  • Deck
  • Patio
  • Porch

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Bentley Elementary School
  • Carlton Middle School
  • Salem High School

Utilities

  • 110 Volts
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 45
  • Assessor Parcel Number 2137800

Community Details

Recreation

  • Park

Additional Features

  • 2 Units
  • Shops

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,509

Year Built

Built in 1850

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1850
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Sub Agent Compensation: 2
  • Sub Agency Type: %
  • Transaction Broker: 0
  • Transaction Broker Type: %
  • Year Built Details: Approximate,Renovated Since
  • SUB AGENCY OFFERED: Yes
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Wood,Vinyl,Carpet,Hardwood
  • Fireplace YN: Yes
  • Fireplaces: 2
  • Appliances: Gas Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Oven, Utility Connections for Electric Dryer
  • Total Bedrooms: 6
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Laundry Features: Washer Hookup
  • Basement: Full, Interior Entry
  • Living Area: 2504
  • Stories Total: 3
  • Window Features: Insulated Windows
  • MAIN LO: C86500
  • LIST PRICE PER Sq Ft: 193.69
  • PRICE PER Sq Ft: 183.71
  • MAIN SO: B95071

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Block, Brick/Mortar
  • Patio And Porch Features: Porch, Deck, Patio
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle, Rubber
  • Waterfront Features: Beach Front, Harbor, Ocean, Walk to, 1/2 to 1 Mile To Beach
  • Waterfront YN: Yes

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Shared Driveway, Off Street
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup
  • Electric: 110 Volts
  • Water Source: Public
  • HEAT UNITS: 2

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, T-Station, University, Sidewalks
  • Senior Community YN: No

Lot Info

  • Parcel Number: 2137800
  • Zoning: R2
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.07
  • Lot Size Area: 0.07
  • Lot Size Sq Ft: 3049.2
  • Lot Size Units: Acres
  • LOT SIZE: 3215
  • PAGE: 457

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 4508.74
  • Tax Book Number: 20777
  • Tax Lot: 45
  • Tax Map Number: 41

Multi Family

  • Number Of Units Total: 2
  • LEVELS 1: 1
  • LEVELS 2: 2
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 1

MLS Schools

  • High School: Salem High
  • Elementary School: Bentley
  • Middle Or Junior School: Carlton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 26, 2014
Closed on
Apr 30, 2015
Sold by
Potorski Thomas R
Bought by
L A Skinner Denisco Re
Seller's Agent
Jerald Tache
Tache Real Estate, Inc.
Buyer's Agent
Julie Tsakirgis
RE/MAX Property Shoppe, Inc.
List Price
$489,900
Sold Price
$460,000
Premium/Discount to List
-$29,900
-6.1%
Total Days on Market
79
Current Estimated Value
$835,330

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$375,330
Avg. Annual Appreciation
6.40%

Purchase Details

Closed on
Mar 31, 2000
Sold by
Potorski Marie R Est
Bought by
Potorski Thomas R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,000
Interest Rate
8.4%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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Average Value
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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
L A Skinner Denisco Re $460,000 --
Potorski Thomas R $138,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Potorski Thomas R $141,000
Previous Owner Potorski Thomas R $131,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2015 04/30/15 Sold $460,000 -6.1% $184 / Sq Ft
03/31/2015 03/31/15 Pending -- -- --
12/26/2014 12/26/14 For Sale $489,900 -- $196 / 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 $8,149 $718,600 $196,000 $522,600
2024 $7,785 $670,000 $186,300 $483,700
2023 $7,616 $608,800 $172,000 $436,800
2022 $7,647 $577,100 $166,200 $410,900
2021 $7,231 $524,000 $154,800 $369,200
2020 $6,994 $484,000 $146,200 $337,800
2019 $6,914 $457,900 $138,700 $319,200
2018 $6,366 $413,900 $131,800 $282,100
2017 $5,943 $374,700 $111,200 $263,500
2016 $5,456 $348,200 $106,000 $242,200
2015 -- $307,500 $97,400 $210,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71778815

MLS Property Information Network (MLS PIN)

APN: SALE-000041-000000-000045