NOT LISTED FOR SALE

Estimated Value: $636,000

4 Beds
3 Baths
2,562 Sq Ft
$248/Sq Ft Est. Value

Last Sold October 22, 2021

Last sale price $540,000 $211 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $4,179/month

29 Days on Market

About This Home

As of October 2021

Location! Location! Three Level Two Family Home in Historic Derby Wharf Neighborhood! 11 Rooms, 4 Bedrooms, 3 Baths. Unit 1 Includes Living Room, Dining Room, Eat-In Kitchen, 1 Bedroom and Full Bath. Unit 2, "In-Law Suite" Features Living Room, Eat-In Kitchen with Washer and Dryer, 3 Bedrooms and 2 Full Baths on Two Levels. Wood Burning Stove In Common Room. Replacement Windows and Separate 100 Amp Electric. Private Brick Patio in Gorgeous Level Fenced Yard, Rare In The Area! Perfect For Entertaining. Plenty of On Street Parking with Permit. Steps to Salem Harbor, Ferry, Restaurants and Shops! Don't Miss Out On This Historic 2 Family!

Last Listed By

Colleen Toner

Toner Real Estate, LLC Listed on: 07/22/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,669

Year Built

  • 1870

Lot Details

  • 4,356

Interior Spaces

  • Property has 1 Level

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,669

Year Built

1870

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • Directions: Washington St to Derby St to Daniels St
  • Garage Yn: No
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Year Built Details: Approximate
  • Special Features: None
  • Year Built: 1870

Interior Features

  • Appliances: Electric Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Oven, Utility Connections for Electric Dryer
  • Has Basement: Full, Unfinished
  • Total Bathrooms: 3
  • MAIN LO: AC1714
  • LIST PRICE PER Sq Ft: 214.64
  • PRICE PER Sq Ft: 210.77
  • MAIN SO: AN5627
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Carpet,Laminate,Hardwood
  • Stories: 3

Exterior Features

  • Roof: Shingle
  • Exterior Features: Rain Gutters, Garden
  • Foundation Details: Concrete Perimeter
  • Construction Type: Frame
  • Fencing: Fenced/Enclosed, Fenced
  • Lot Features: Cleared, Level
  • Patio And Porch Features: Patio
  • Waterfront Features: Beach Front, Bay, Ocean, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
  • Waterfront: Yes

Garage/Parking

  • Parking Features: On Street
  • Open Parking: Yes

Utilities

  • Heating: Unit 1(Steam,Oil), Unit 2(Hot Water Radiators,Oil)
  • Electric: 100 Amp Service
  • Heating Yn: Yes
  • Laundry Features: Washer Hookup
  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, House of Worship, Marina, Public School, T-Station, University

Schools

  • Elementary School: Bates
  • High School: Salem High
  • Middle Or Junior School: Collins

Lot Info

  • LOT SIZE: 4269
  • PAGE: 6
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 4356
  • Zoning: R2

Multi Family

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

Tax Info

  • Tax Annual Amount: 7254.66
  • Tax Book Number: 14346
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 31, 2022
Sold by
Shea Michael H
Bought by
Morgan Xochitl
Total Days on Market
29
Current Estimated Value
$636,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Outstanding Balance
$494,398
Interest Rate
4.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 30, 1997
Sold by
Cavanaugh Derek J and Dalton Ellen S
Bought by
Carmisciano Lisa M

Range of Values:

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Average Value
Not Available
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
Morgan Xochitl $530,000 None Available
Chaves Elizabeth $650,000 None Available
Carmisciano Lisa M $119,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chaves Elizabeth $520,000
Closed Morgan Xochitl $477,000
Previous Owner Shea Michael H $432,000
Previous Owner Carmisciano Lisa M $295,000
Previous Owner Carmisciano Lisa M $100,000
Previous Owner Carmisciano Lisa M $196,000
Previous Owner Carmisciano Lisa M $10,000
Previous Owner Cavanaugh Derek J $165,000
Previous Owner Cavanaugh Derek J $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2021 10/22/21 Sold $540,000 -10.0% $211 / Sq Ft
08/20/2021 08/20/21 Pending -- -- --
08/08/2021 08/08/21 Price Changed $599,900 -14.3% $234 / Sq Ft
07/22/2021 07/22/21 For Sale $699,900 -- $273 / 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
2022 $7,669 $578,800 $170,800 $408,000
2021 $7,255 $525,700 $159,000 $366,700
2020 $6,864 $485,700 $150,200 $335,500
2019 $6,306 $433,900 $142,500 $291,400
2018 $6,046 $393,100 $135,500 $257,600
2017 $5,630 $355,000 $114,300 $240,700
2016 $5,409 $345,200 $109,000 $236,200
2015 $5,241 $319,400 $100,100 $219,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72870074

MLS Property Information Network (MLS PIN)

APN: SALE-000035-000000-000385