NOT LISTED FOR SALE

Estimated Value: $711,000 - $777,000

4 Beds
2.5 Baths
2,392 Sq Ft
$309/Sq Ft Est. Value

Last Sold May 08, 2023

Last sale price $689,000 $288 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $4,722/month

4 Days on Market

Highlights

  • Deck
  • 2 Car Garage
  • Heating Available

About This Home

As of May 2023

Investment or owner occupant 2 unit multi-family located in Salem.  This property has been under the same ownership for almost 50 years.  Lots of character - each unit offers 2 bedrooms and 1 full bath with hardwood flooring.  Recent updates include new heating system, updated bath in Unit 2, roof & decks approximately 10 years old.  The property features off street parking for 4 vehicles, garage and large basement for added storage, central location with close proximity to commuter rail. Unit 2 has washer/dryer in unit and there is a washer/dryer in the basement that will remain. Private showing appointments to begin Wed., 3/22/23.

Last Listed By

Jennifer Sullivan

Keller Williams Realty Evolution Listed on: 03/21/2023

Keller Williams Realty Evolution

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,506

Year Built

  • Built in 1930

Lot Details

  • 6,826

Parking

  • 2 Car Garage
  • Driveway
  • On-Street Parking
  • Open Parking
  • Off-Street Parking

Home Design

  • Duplex
  • Block Foundation
  • Shingle Roof

Interior Spaces

  • 2,392 Sq Ft Home
  • Property has 1 Level
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Dishwasher
  • Washer

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Bulkhead
  • Deck
  • Rain Gutters

Additional Features

  • 6,826 Sq Ft Lot
  • Heating Available

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Lot 0295
  • Assessor Parcel Number 2134852

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,506

Year Built

Built in 1930

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Year Built: 1930
  • Buyer Agency: 2
  • Transaction Broker: 1
  • 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: 3

Interior Features

  • Flooring: Unit 1(undefined), Unit 2(Hardwood Floors)
  • Interior Amenities: Unit 1(Bathroom With Tub & Shower), Unit 2(Pantry,Bathroom With Tub & Shower), Unit 1 Rooms(Living Room,Dining Room,Kitchen), Unit 2 Rooms(Living Room,Dining Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Dishwasher,Refrigerator), Unit 2(Range,Washer,Dryer)
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bathrooms: 2.5
  • Basement: Full, Bulkhead, Unfinished
  • Living Area: 2392
  • Stories Total: 3
  • MAIN LO: C95098
  • LIST PRICE PER Sq Ft: 288.04
  • PRICE PER Sq Ft: 288.04
  • MAIN SO: AN4471

Exterior Features

  • Exterior Features: Rain Gutters, Unit 1 Balcony/Deck, Unit 2 Balcony/Deck
  • Foundation Details: Block
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, On Street, Paved
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Heating: Unit 1(Hot Water Radiators,Oil)
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 1

Lot Info

  • Parcel Number: 2134852
  • Zoning: R2
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.16
  • Lot Size Area: 0.16
  • Lot Size Sq Ft: 6826
  • Lot Size Units: Acres
  • PAGE: 195
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 6506
  • Tax Book Number: 6791
  • Tax Lot: 0295
  • Tax Map Number: 33

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 1, 1975
Bought by
Hurley Marilyn M
Total Days on Market
4
Current Estimated Value
$738,846

Range of Values:

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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
Hurley Marilyn M $43,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Jagdishkumar K $551,200
Closed Hurley Marilyn M $38,410
Closed Hurley Marilyn M $29,869
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2023 05/08/23 Sold $689,000 0.0% $288 / Sq Ft
03/26/2023 03/26/23 Pending -- -- --
03/21/2023 03/21/23 For Sale $689,000 -- $288 / 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 $7,032 $620,100 $178,800 $441,300
2024 $6,719 $578,200 $169,400 $408,800
2023 $6,506 $520,100 $156,800 $363,300
2022 $6,599 $498,000 $147,400 $350,600
2021 $6,405 $464,100 $147,400 $316,700
2020 $6,091 $421,500 $127,400 $294,100
2019 $6,037 $399,800 $121,100 $278,700
2018 $5,588 $363,300 $115,400 $247,900
2017 $5,180 $326,600 $94,100 $232,500
2016 $5,039 $321,600 $89,100 $232,500
2015 $4,874 $297,000 $80,300 $216,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73089579

MLS Property Information Network (MLS PIN)

APN: SALE-000033-000000-000295