NOT LISTED FOR SALE

Estimated Value: $632,000 - $654,000

3 Beds
1 Bath
1,344 Sq Ft
$478/Sq Ft Est. Value

Last Sold March 24, 2023

Last sale price $570,000 $424 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $3,885/month

9 Days on Market

Highlights

  • Golf Course Community
  • Deck
  • Wood Flooring
  • Medical Services
  • Property is near public transit
  • 1-minute walk to McGlew Park

About This Home

As of March 2023

OPEN HOUSE/s" Sat & Sun Feb 25-26 @ 1 - 3 P.M. Updated & Sensational - 3 Bed / 1 Bath Cottage Bungalow w/1 car garage & off-street parking in Kernwood section of North Salem. The 1st floor boasts an open living, dining, kitchen area, as well as 2 large bedrooms & an updated full bath. Kitchen has been updated to include granite countertops & stainless steel appliances with exterior access to the covered back porch. Hardwood floors throughout. The 2nd floor is all about the oversized primary bedroom with 2 closets, built-in drawers & plenty of extra storage in the eaves. A mostly fenced in yard features a detached garage, play space & large raised bed planter - just in time to plan your vegetable garden! This location provides easy access to downtown Salem & Beverly (via the nearby Kernwood Bridge). In addition, in close proximity is the Salem commuter rail station to Boston & this location also has easy access to Rt. 128 and nearby The North Shore & Liberty Tree shopping malls.

Last Agent to Sell the Property

The Mitchell Team

Keller Williams Realty Evolution Listed on: 02/20/2023

Keller Williams Realty Evolution

Last Buyer's Agent

Deborah Terlik

Keller Williams Realty Evolution

Keller Williams Realty Evolution

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,952

Year Built

  • Built in 1938

Lot Details

  • 4,465 Sq Ft Lot
  • Level Lot
  • Garden
  • Property is zoned R2

Parking

  • 1 Car Detached Garage
  • Tandem Parking
  • Garage Door Opener
  • Driveway
  • Open Parking
  • Off-Street Parking

Home Design

  • Cottage
  • Bungalow
  • Block Foundation
  • Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,344 Sq Ft Home
  • Ceiling Fan
  • Insulated Windows
  • Living Room with Fireplace
  • Home Security System

Kitchen

  • Range
  • Dishwasher
  • Stainless Steel Appliances
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • 1 Full Bathroom
  • Separate Shower

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Block Basement Construction
  • Laundry in Basement

Outdoor Features

  • Deck
  • Rain Gutters
  • Porch

Utilities

  • No Cooling
  • 2 Heating Zones
  • Heating System Uses Oil
  • Baseboard Heating
  • 220 Volts
  • 100 Amp Service
  • Natural Gas Connected
  • Tankless Water Heater
  • Oil Water Heater

Additional Features

  • Energy-Efficient Thermostat
  • Property is near public transit

Listing and Financial Details

  • Tax Lot 138
  • Assessor Parcel Number M:27 L:0138,2133115

Community Details

Amenities

  • Medical Services
  • Shops

Recreation

  • Golf Course Community
  • Jogging Path

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,952

Year Built

Built in 1938

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cottage, Bungalow
  • Year Built: 1938
  • Year Built Details: Actual,Renovated Since
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour

Interior Features

  • Flooring: Vinyl, Hardwood
  • Fireplace Features: Living Room
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Range,Dishwasher,Disposal,Refrigerator,Washer,Dryer, Oil Water Heater,Tankless Water Heater, Utility Connections for Gas Range, Utility Connections for Gas Oven, Utility Connections for Electric Dryer
  • Total Bedrooms: 3
  • Room Bedroom2 Level: First
  • Room Bedroom2 Features: Closet, Flooring - Hardwood
  • Room Bedroom3 Features: Closet, Flooring - Hardwood
  • Room Bedroom3 Level: First
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Features: Closet, Flooring - Hardwood
  • Room Master Bedroom Level: Second
  • Bathroom 1 Features: Bathroom - Full, Bathroom - With Shower Stall, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
  • Bathroom 1 Level: First
  • Room Dining Room Features: Flooring - Hardwood
  • Room Dining Room Level: First
  • Room Kitchen Level: First
  • Room Kitchen Features: Ceiling Fan(s), Flooring - Hardwood, Countertops - Stone/Granite/Solid, Stainless Steel Appliances
  • Laundry Features: In Basement, Washer Hookup
  • Room Living Room Level: First
  • Room Living Room Features: Flooring - Hardwood
  • Basement: Full, Interior Entry, Concrete, Unfinished
  • Living Area: 1344
  • Window Features: Insulated Windows
  • MAIN LO: C95098
  • MAIN SO: C95098

Exterior Features

  • Exterior Features: Rain Gutters, Garden
  • Construction Materials: Frame
  • Foundation Details: Concrete Perimeter, Block
  • Patio And Porch Features: Porch, Deck - Wood, Deck - Composite
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront Features: Beach Front, Ocean, River, 1 to 2 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage YN: No
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Detached, Garage Door Opener, Paved Drive, Off Street, Tandem, Paved
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Gas Oven, for Electric Dryer, Washer Hookup
  • Cooling: None
  • Heating: Baseboard, Oil
  • Cooling Y N: No
  • Electric: 220 Volts, Circuit Breakers, 100 Amp Service
  • Heating YN: Yes
  • Security Features: Security System
  • Water Source: Public
  • HEAT ZONES: 2
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Walk/Jog Trails, Golf, Medical Facility, Highway Access, T-Station, Sidewalks

Lot Info

  • Parcel Number: M:27 L:0138,2133115
  • Zoning: R2
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.1
  • Lot Size Sq Ft: 4465
  • Lot Size Units: Acres
  • Property Attached YN: No
  • ResoLotSizeUnits: Acres

Green Features

  • Green Energy Efficient: Thermostat

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 4952
  • Tax Lot: 138

Multi Family

  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2023
Closed on
Mar 10, 2023
Sold by
Corcoran Patrick B and Corcoran Rachael E
Bought by
12 Nursery Street Llc
Seller's Agent
The Mitchell Team
Keller Williams Realty Evolution
Buyer's Agent
Deborah Terlik
Keller Williams Realty Evolution
List Price
$499,000
Sold Price
$570,000
Premium/Discount to List
$71,000
14.23%
Views
685
Current Estimated Value
$641,870

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,870
Avg. Annual Appreciation
4.51%

Purchase Details

Closed on
May 31, 2019
Sold by
Hinckley Margaret F
Bought by
Baker-Corcoran Patrick and Hinckley Rachel E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,550
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 28, 2006
Sold by
Laroque Paul
Bought by
Hinckley Margaret F

Purchase Details

Closed on
Jul 25, 1997
Sold by
Beckman Florence Est and Stelman
Bought by
Laroque Paul
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
12 Nursery Street Llc $570,000 None Available
12 Nursery Street Llc $570,000 None Available
Baker-Corcoran Patrick $315,000 --
Baker-Corcoran Patrick $315,000 --
Hinckley Margaret F $295,000 --
Hinckley Margaret F $295,000 --
Laroque Paul $130,000 --
Laroque Paul $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Baker-Corcoran Patrick $305,550
Previous Owner Laroque Paul $79,600
Previous Owner Laroque Paul $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/24/2023 03/24/23 Sold $570,000 +14.2% $424 / Sq Ft
03/02/2023 03/02/23 Pending -- -- --
02/20/2023 02/20/23 For Sale $499,000 -- $371 / 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 $6,219 $548,400 $202,500 $345,900
2024 $6,053 $520,900 $192,400 $328,500
2023 $5,049 $403,600 $177,600 $226,000
2022 $4,952 $373,700 $171,700 $202,000
2021 $4,736 $343,200 $159,800 $183,400
2020 $4,595 $318,000 $151,000 $167,000
2019 $4,498 $297,900 $143,300 $154,600
2018 $4,474 $290,900 $136,200 $154,700
2017 $4,274 $269,500 $114,800 $154,700
2016 $4,140 $264,200 $109,500 $154,700
2015 $4,134 $251,900 $100,600 $151,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73080455

MLS Property Information Network (MLS PIN)

APN: SALE-000027-000000-000138