NOT LISTED FOR SALE

12 Sumner Rd Salem, MA 01970

South Salem Neighborhood

Estimated Value: $517,000 - $596,000

3 Beds
1 Bath
1,344 Sq Ft
$419/Sq Ft Est. Value

Last Sold August 23, 2022

Last sale price $463,000 $344 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $3,418/month

4 Days on Market

Highlights

  • Marina
  • Community Stables
  • Granite Flooring
  • Golf Course Community
  • Medical Services
  • Property is near public transit

About This Home

As of August 2022

This lovely 3 bedroom, 1 bath home is in a great neighborhood and has been in the same family since it was built in 1914. With a little work and updating, this will make a fabulous property. Features include an enclosed front porch, glistening hardwood flooring, 1st floor bedroom, semi-finished basement with workshop & excellent utilities, replacement windows, aluminum siding, architectural roof, granite block foundation and parking for 3 vehicles. Easy to finish 2nd floor bonus room with skylight. Overlooking the broad, fenced back yard and the SSU Campus, it will make a great investment or homestead for the next generation. Final and best Offers are due by noon on Tuesday April 12th.

Last Agent to Sell the Property

Nicholas Helgesen

Better Living Real Estate, LLC Listed on: 04/08/2022

Last Buyer's Agent

Renee Merchant

Lamacchia Realty, Inc.

Lamacchia Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,899

Year Built

  • Built in 1914

Lot Details

  • 6,582 Sq Ft Lot
  • Fenced
  • Gentle Sloping Lot
  • Cleared Lot
  • Garden
  • Property is zoned R1

Home Design

  • Bungalow
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,344 Sq Ft Home
  • Insulated Windows
  • Window Screens
  • Bonus Room

Flooring

  • Wood
  • Carpet
  • Granite
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Partially Finished Basement

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

Parking

  • 3 Car Parking Spaces
  • Driveway
  • Paved Parking
  • Open Parking

Outdoor Features

  • Enclosed Patio or Porch

Location

  • Property is near public transit
  • Property is near schools

Schools

  • W. Heights Elementary School
  • Collins Middle School
  • Salem High School

Utilities

  • No Cooling
  • 1 Heating Zone
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number M:31 L:0076,2133816

Community Details

Overview

  • No Home Owners Association
  • Near Conservation Area

Amenities

  • Medical Services
  • Shops

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Community Pool
  • Park
  • Community Stables
  • Jogging Path
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,899

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Year Built: 1914
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Gross/Full Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Flooring: Tile, Vinyl, Carpet, Hardwood
  • Interior Amenities: Bonus Room
  • Fireplace YN: No
  • Appliances: Refrigerator,Washer,Dryer, Gas 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 Bedroom3 Level: Second
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Level: First
  • Master Bathroom Features: No
  • Bathroom 1 Level: First
  • Room Kitchen Level: First
  • Laundry Features: In Basement
  • Room Living Room Level: First
  • Basement: Full, Partially Finished, Walk-Out Access, Interior Entry, Concrete
  • Accessibility Features: No
  • Living Area: 1344
  • Window Features: Insulated Windows, Screens
  • MAIN LO: AC1854
  • MAIN SO: AN5767

Exterior Features

  • Exterior Features: Garden
  • Construction Materials: Frame
  • Fencing: Fenced
  • Foundation Details: Granite
  • Home Warranty YN: No
  • Patio And Porch Features: Porch - Enclosed
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront Features: Beach Front, Ocean, Beach Ownership(Public)
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Paved
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Gas Oven, for Electric Dryer
  • Cooling: None
  • Heating: Baseboard, Natural Gas
  • Cooling Y N: No
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 1
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Stable(s), Golf, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University, Sidewalks
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:31 L:0076,2133816
  • Zoning: R1
  • Farm Land Area Units: Square Feet
  • Lot Features: Cleared, Gentle Sloping
  • Lot Size Acres: 0.15
  • Lot Size Sq Ft: 6582
  • Lot Size Units: Acres
  • Property Attached YN: No
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4899

Multi Family

  • Basement Included Sq Ft: No

MLS Schools

  • High School: Salem High
  • Elementary School: W. Heights
  • Middle Or Junior School: Collins Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2022
Closed on
Aug 23, 2022
Sold by
Dionne Cecile U Est and Lambert
Bought by
Devin Loribeth and Encarnacao Keith M
Seller's Agent
Nicholas Helgesen
Better Living Real Estate, LLC
Buyer's Agent
Renee Merchant
Lamacchia Realty, Inc.
List Price
$399,850
Sold Price
$463,000
Premium/Discount to List
$63,150
15.79%
Current Estimated Value
$563,277

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,277
Avg. Annual Appreciation
6.14%
Original Mortgage
$416,700
Outstanding Balance
$397,155
Interest Rate
5.3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$166,122

Purchase Details

Closed on
Jul 21, 2020
Sold by
Dionne Cecile U
Bought by
Suzanne and Suzanne Hurley
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Devin Loribeth $463,000 None Available
Suzanne -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Devin Loribeth $416,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/23/2022 08/23/22 Sold $463,000 +15.8% $344 / Sq Ft
04/13/2022 04/13/22 Pending -- -- --
04/08/2022 04/08/22 For Sale $399,850 -- $298 / 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 $5,567 $490,900 $210,300 $280,600
2024 $5,382 $463,200 $198,500 $264,700
2023 $5,175 $413,700 $180,700 $233,000
2022 $4,899 $369,700 $165,900 $203,800
2021 $4,675 $338,800 $154,100 $184,700
2020 $4,620 $319,700 $151,100 $168,600
2019 $4,500 $298,000 $142,200 $155,800
2018 $4,439 $288,600 $132,700 $155,900
2017 $4,446 $280,300 $124,400 $155,900
2016 $4,411 $281,500 $124,400 $157,100
2015 $4,321 $263,300 $109,600 $153,700
Source: Public Records

Agents Affiliated with this Home

  • Nicholas Helgesen

    Seller's Agent in 2022

    Nicholas Helgesen

    Better Living Real Estate, LLC

    (508) 958-3232

    1 in this area

    81 Total Sales

    Nicholas Helgesen
    Section Image
  • Renee Merchant

    Buyer's Agent in 2022

    Renee Merchant

    Lamacchia Realty, Inc.

    (617) 512-1889

    2 in this area

    61 Total Sales

    Renee Merchant
    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72964509

MLS Property Information Network (MLS PIN)

APN: SALE-000031-000000-000076

Massachusetts Essex County Salem 01970 South Salem

12 Sumner Rd, Salem, MA

Not Listed for Sale

Detached

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Property Information Network (MLS PIN) The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

Nearby Homes