NOT LISTED FOR SALE

Estimated Value: $674,000 - $806,000

9 Beds
3 Baths
3,283 Sq Ft
$223/Sq Ft Est. Value

Last Sold September 30, 2022

Last sale price $615,000 $187 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $4,594/month

68 Days on Market

Highlights

  • Porch
  • Outdoor Storage
  • Heating Available
  • Cooling Available
  • Fenced

About This Home

As of September 2022

Investors Take Notice! This income producing, fully occupied, Beautiful 3 Family is conveniently located offering close access to restaurant and entertainment as well as within reach of the commuter train into Boston MA. This home offers updates, off street parking and a fenced in Spacious Leveled yard. Separate utilities and newer hot water heaters for all units! You do not want to miss this opportunity! Property Being Sold As-is.

Last Agent to Sell the Property

Mohammad Rashid

Berkshire Hathaway HomeServices Verani Realty Salem Listed on: 06/16/2022

Berkshire Hathaway HomeServices Verani Realty Salem

Last Buyer's Agent

Guilherme Camossato

RE/MAX American Dream

RE/MAX American Dream

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,752

Year Built

  • Built in 1913

Lot Details

  • 9,701 Sq Ft Lot
  • Fenced

Home Design

  • 3,283 Sq Ft Home
  • Stone Foundation

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms

Parking

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

Outdoor Features

  • Outdoor Storage
  • Porch

Utilities

  • Cooling Available
  • Heating Available
  • Gas Water Heater

Community Details

  • 3 Units
  • Property has 1 Level

Listing and Financial Details

  • Rent includes unit 1(water), unit 2(water), unit 3(water)
  • Assessor Parcel Number M:0511 B:00272 L:8,1926348

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,752

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1913
  • Buyer Agency: 2
  • Transaction Broker: 0
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 5

Interior Features

  • Flooring: Unit 1(undefined), Unit 2(Hardwood Floors), Unit 3(Hardwood Floors)
  • Interior Amenities: Unit 1(Ceiling Fans), Unit 2(Ceiling Fans), Unit 3(Ceiling Fans), Unit 1 Rooms(Living Room,Dining Room,Kitchen), Unit 2 Rooms(Living Room,Dining Room,Kitchen), Unit 3 Rooms(Living Room,Dining Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Refrigerator), Unit 2(Range,Refrigerator), Unit 3(Range,Refrigerator), Gas Water Heater
  • Total Bedrooms: 9
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Living Area: 3283
  • Stories Total: 5
  • MAIN LO: G61700
  • LIST PRICE PER Sq Ft: 182.73
  • PRICE PER Sq Ft: 187.33
  • MAIN SO: AN4624

Exterior Features

  • Exterior Features: Storage
  • Fencing: Fenced
  • Foundation Details: Stone
  • Patio And Porch Features: Porch
  • Waterfront YN: No

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Unit 1(Window AC), Unit 2(Window AC), Unit 3(Window AC)
  • Heating: Unit 1(Gas), Unit 2(Gas), Unit 3(Gas)
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:0511 B:00272 L:8,1926348
  • Zoning: N/A
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.22
  • Lot Size Area: 0.22
  • Lot Size Sq Ft: 9701
  • Lot Size Units: Acres
  • PAGE: 004
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 5752
  • Tax Book Number: 38601

Multi Family

  • Number Of Units Total: 3
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: Y
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 21, 2019
Sold by
Meer Mustansar M and Meer Mustabnsar
Bought by
Meer Mustansar M
Current Estimated Value
$727,528

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,750
Interest Rate
3.6%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Oct 3, 2017
Sold by
Godoy Hermes V
Bought by
Radica Meer Mustansar M and Radica Mustansar-Meer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 24, 2017
Sold by
Deutsche Bk Natl T Co
Bought by
Godoy Hermes V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 21, 2015
Sold by
Demedeiros Brenda D and Deutsche Bk Natl T Co
Bought by
Deutsche Bk Natl T Co

Purchase Details

Closed on
Jul 3, 2014
Sold by
Demedeiros Brenda D and De-Medeiros Carlos R
Bought by
Demedeiros Brenda D

Purchase Details

Closed on
Aug 18, 2003
Sold by
Brown Ronald G
Bought by
Demedeiros Brenda D Z

Purchase Details

Closed on
Jun 18, 2003
Sold by
Candace Robert R
Bought by
Haley Mark J

Purchase Details

Closed on
Mar 27, 2003
Sold by
Zappala Debbie E and Zappala Todd F
Bought by
Candage Robert R

Purchase Details

Closed on
Sep 1, 2000
Sold by
Blum Krista
Bought by
Zappala Todd F and Zappla Debbie E

Purchase Details

Closed on
Sep 13, 1996
Sold by
Stern Fred M
Bought by
Brown Ronald

Purchase Details

Closed on
Jun 16, 1993
Sold by
Fnma
Bought by
Blum Krista

Purchase Details

Closed on
May 23, 1991
Sold by
Stern J Donald
Bought by
Stern Fred M

Purchase Details

Closed on
Sep 11, 1990
Sold by
Hart Maryanne
Bought by
Hart Keith R
Source: Public Records

Range of Values:

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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
Meer Mustansar M -- --
Radica Meer Mustansar M $399,900 --
Godoy Hermes V $257,369 --
Deutsche Bk Natl T Co $272,000 --
Demedeiros Brenda D -- --
Demedeiros Brenda D Z $278,500 --
Haley Mark J $355,900 --
Candage Robert R $268,000 --
Zappala Todd F $120,375 --
Brown Ronald $25,000 --
Blum Krista $32,900 --
Stern Fred M $24,603 --
Hart Keith R $141,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paucar-Mayancela Juan P $603,860
Closed Muhammad $348,750
Previous Owner Radica Meer Mustansar M $260,000
Previous Owner Godoy Hermes V $200,000
Previous Owner Hart Keith R $365,750
Previous Owner Hart Keith R $306,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2022 09/30/22 Sold $615,000 +2.5% $187 / Sq Ft
08/24/2022 08/24/22 Pending -- -- --
08/18/2022 08/18/22 Price Changed $599,900 -6.3% $183 / Sq Ft
08/04/2022 08/04/22 For Sale $639,900 0.0% $195 / Sq Ft
06/21/2022 06/21/22 Pending -- -- --
06/16/2022 06/16/22 For Sale $639,900 -- $195 / 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 $7,325 $683,900 $150,600 $533,300
2024 $6,719 $631,500 $149,000 $482,500
2023 $6,381 $572,300 $136,300 $436,000
2022 $5,752 $452,200 $123,700 $328,500
2021 $5,428 $403,900 $107,800 $296,100
2020 $5,179 $380,800 $99,900 $280,900
2019 $4,834 $346,500 $87,200 $259,300
2018 $4,630 $324,700 $82,400 $242,300
2017 $3,981 $265,600 $66,600 $199,000
2016 $3,674 $239,200 $66,600 $172,600
2015 $3,443 $224,300 $66,600 $157,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72998606

MLS Property Information Network (MLS PIN)

APN: HAVE-000511-000272-000008