NOT LISTED FOR SALE

Estimated Value: $651,000 - $767,000

5 Beds
2 Baths
1,595 Sq Ft
$430/Sq Ft Est. Value

Last Sold October 14, 2015

Last sale price $312,000 $196 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $4,168/month

18 Days on Market

Highlights

  • Fenced Yard
  • Patio
  • Tile Flooring

About This Home

As of October 2015

Open House On Wednesday 7/29/2015 From 5:00pm to 6:30pm*** Here is an opportunity to Own a 2 Family property in Salem Turnkey, Ready to move in.***New Combo high efficiency gas boiler and hot water units installed. New front porch, new asphalt driveway, new hotel quality carpets throughout and new fence installed. Newer vinyl replacement windows. Freshly painted and move in ready with plenty of off street parking and good backyard for entertaining.

Last Agent to Sell the Property

Demostenes Nunez

Tremont Realty Group, LLC Listed on: 07/24/2015

Last Buyer's Agent

Sean Page

Signature Page Real Estate, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,188

Year Built

  • Built in 1870

Lot Details

  • 3,485

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Tile

Outdoor Features

  • Patio
  • Rain Gutters

Additional Features

  • Fenced Yard
  • Natural Gas Water Heater
  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:15 L:0221

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,188

Year Built

Built in 1870

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 2.00
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 200.63
  • Comp Based On: Net Sale Price
  • Year Built: 1870
  • Lead Paint: Unknown
  • Levels: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1870

Interior Features

  • Flooring: Tile, Wall to Wall Carpet, Laminate
  • Total Flrs: 3
  • No Bedrooms: 5
  • Total Brs: 5
  • Full Bathrooms: 2
  • Total Fbh: 2
  • No Rooms: 9
  • Basement: Y
  • Basement Features: Full
  • Main Lo: NB5197
  • Main So: AN1822
  • Estimated Sq Ft: 1595.00

Exterior Features

  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Aluminum
  • Exterior Features: Patio, Gutters, Fenced Yard
  • Foundation: Poured Concrete, Fieldstone

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 6

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range

Lot Info

  • Assessments: 269800.00
  • Acre: 0.08
  • Lot Size: 3320.00
  • Page: 647
  • Parcel Number: M:15 L:0221
  • Zoning: R1
  • Lot Description: Corner, Paved Drive

Green Features

  • Energy Features: Insulated Windows, Storm Windows, Insulated Doors

Multi Family

  • Total Levels: 3
  • Total Rms: 10
  • No Units: 2
  • Mf Type: 2 Family - 2 Units Up/Down

Tax Info

  • Taxes: 4427.00
  • Assessor Parcel Number: 2128653

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2015
Closed on
Oct 14, 2015
Sold by
Marenghi Frank
Bought by
Mcnulty Angela
Seller's Agent
Demostenes Nunez
Tremont Realty Group, LLC
Buyer's Agent
Sean Page
Signature Page Real Estate, LLC
List Price
$3,199,999
Sold Price
$312,000
Premium/Discount to List
-$2,887,999
-90.25%
Current Estimated Value
$686,130

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$374,130
Avg. Annual Appreciation
8.21%
Original Mortgage
$306,348
Interest Rate
3.88%
Mortgage Type
FHA

Purchase Details

Listed on
Dec 16, 2014
Closed on
Apr 24, 2015
Sold by
Soares Manuel F and Soares Melissa V
Bought by
Marenghi Frank
Seller's Agent
Javier Palacios
Triton America Realty LLC
Buyer's Agent
Demostenes Nunez
Tremont Realty Group, LLC
List Price
$169,723
Sold Price
$145,000
Premium/Discount to List
-$24,723
-14.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
428.99%
Original Mortgage
$165,000
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 28, 2007
Sold by
Hersey Nancy J
Bought by
Soares Manuel F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,400
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage
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
Mcnulty Angela $312,000 --
Marenghi Frank $141,000 --
Soares Manuel F $323,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Mcnulty Angela $306,348
Previous Owner Marenghi Frank $165,000
Previous Owner Soares Manuel F $258,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/14/2015 10/14/15 Sold $312,000 -90.2% $196 / Sq Ft
08/11/2015 08/11/15 Pending -- -- --
07/24/2015 07/24/15 For Sale $3,199,999 +2106.9% $2,006 / Sq Ft
04/30/2015 04/30/15 Sold $145,000 -14.6% $91 / Sq Ft View Prior Sale
03/31/2015 03/31/15 Pending -- -- --
12/16/2014 12/16/14 For Sale $169,723 -- $106 / 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 $6,188 $545,700 $196,600 $349,100
2024 $5,939 $511,100 $186,800 $324,300
2023 $5,737 $458,600 $172,400 $286,200
2022 $5,907 $445,800 $166,700 $279,100
2021 $5,617 $407,000 $155,200 $251,800
2020 $5,513 $381,500 $146,600 $234,900
2019 $5,460 $361,600 $139,100 $222,500
2018 $5,072 $329,800 $132,200 $197,600
2017 $4,706 $296,700 $111,500 $185,200
2016 $4,568 $291,500 $106,300 $185,200
2015 -- $269,800 $97,700 $172,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71879062

MLS Property Information Network (MLS PIN)

APN: SALE-000015-000000-000221