NOT LISTED FOR SALE

Estimated Value: $673,000 - $848,000

3 Beds
2 Baths
1,678 Sq Ft
$444/Sq Ft Est. Value

Last Sold November 02, 2023

Last sale price $645,000 $384 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $4,653/month

5 Days on Market

Highlights

  • Medical Services
  • Wood Flooring
  • Porch
  • Property is near public transit
  • Jogging Path
  • 2-minute walk to Gonyea Park

About This Home

As of November 2023

Great opportunity to buy a well maintained 2 family property with 3 parking spaces close to downtown Salem Common. First floor has a long time responsible tenants who desire to remain. Unit 2 has brand new carpeting and ready to be leased. Kitchen has granite countertops and stainless steel appliances, new roof and vinyl siding in 2016, central heat and Central Air, and washer /dryer in each unit also 2016 . Affordable luxury and a great location close to commuter rail, downtown and great restaurants and waterfront. Open House Saturday and Sunday 1:00- 3:00 PM Both units can be seen at Open House. Offers are due by Tueday 9/26/23 at noon

Last Agent to Sell the Property

Diane Darrah Nordberg

RE/MAX Executive Realty Listed on: 09/20/2023

RE/MAX Executive Realty

Co-Listed By

Lee Rolls

RE/MAX Executive Realty

Last Buyer's Agent

Bradford McCue

Coldwell Banker Realty - Haverhill

Coldwell Banker Realty - Haverhill

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,509

Year Built

  • Built in 1850

Lot Details

  • 3,040 Sq Ft Lot
  • Level Lot
  • Cleared Lot

Home Design

  • Duplex
  • Stone Foundation
  • Frame Construction
  • Shingle Roof
  • Stone

Interior Spaces

  • 1,678 Sq Ft Home
  • Property has 1 Level
  • Unfinished Basement
  • Partial Basement

Flooring

  • Wood
  • Wall to Wall Carpet
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Parking

  • 3 Car Parking Spaces
  • Shared Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking
  • Deeded Parking

Outdoor Features

  • Porch

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Salem Public Elementary And Middle School
  • Salem Public High School

Utilities

  • Cooling Available
  • 2 Cooling Zones
  • 2 Heating Zones
  • Heating Available
  • Separate Meters
  • Natural Gas Connected

Listing and Financial Details

  • Total Actual Rent $1,895
  • Rent includes unit 1(water other (see remarks)), unit 2(water other (see remarks))
  • Tax Lot 0044
  • Assessor Parcel Number 2136182

Community Details

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Park
  • Jogging Path

Additional Features

  • 2 Units
  • Net Operating Income $22,740

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,509

Year Built

Built in 1850

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Year Built: 1850
  • Buyer Agency: 2.5
  • Transaction Broker: 1.0
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Flooring: Wood,Carpet,Stone / Slate, Unit 1(undefined), Unit 2(Wood Flooring,Wall to Wall Carpet,Stone/Ceramic Tile Floor)
  • Interior Amenities: Unit 1(Stone/Granite/Solid Counters,Bathroom With Tub & Shower,Open Floor Plan), Unit 2(Philadelphia,Stone/Granite/Solid Counters,High Speed Internet Hookup,Bathroom With Tub & Shower,Open Floor Plan), Unit 1 Rooms(Kitchen), Unit 2 Rooms(Living Room,Dining Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Utility Connections for Gas Range, Utility Connections for Gas Oven, Utility Connections for Electric Dryer
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Laundry Features: Washer Hookup, Unit 2 Laundry Room, Unit 1(Washer Hookup,Dryer Hookup)
  • Basement: Partial, Unfinished
  • Living Area: 1678
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: BB1175
  • LIST PRICE PER Sq Ft: 387.37
  • PRICE PER Sq Ft: 384.39
  • MAIN SO: AN0992

Exterior Features

  • Exterior Features: Porch
  • Construction Materials: Frame, Stone
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront Features: Beach Front, Ocean, 1/10 to 3/10 To Beach, Beach Ownership(Public)
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Shared Driveway, Off Street, Deeded, Driveway, Paved
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Gas Oven, for Electric Dryer, Washer Hookup
  • Cooling: Unit 1(Central Air,Individual,Unit Control), Unit 2(Central Air,Individual,Unit Control)
  • Heating: Unit 1(Forced Air,Gas,Individual), Unit 2(Forced Air,Gas,Unit Control)
  • Cooling Y N: Yes
  • Electric: Circuit Breakers, Individually Metered
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 2
  • HEAT ZONES: 2
  • COOLING ZONES: 2
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, House of Worship, Public School, T-Station, University, Sidewalks
  • Rent Includes: Unit 1(Water,Other (See Remarks)), Unit 2(Water,Other (See Remarks))
  • Senior Community YN: No

Lot Info

  • Parcel Number: 2136182
  • Zoning: R2
  • Farm Land Area Units: Square Feet
  • Lot Features: Cleared, Level
  • Lot Size Acres: 0.07
  • Lot Size Area: 0.07
  • Lot Size Sq Ft: 3040
  • Lot Size Units: Acres
  • PAGE: 127
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 7509
  • Tax Book Number: 35512
  • Tax Lot: 0044
  • Tax Map Number: 35

Multi Family

  • Gross Income: 22740
  • Net Operating Income: 22740
  • Number Of Units Total: 2
  • Total Actual Rent: 1895
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • COOLING UNITS: 2
  • LEVELS 2: 2
  • LEASE 2: N
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 2: 2

MLS Schools

  • High School: Salem Public
  • Elementary School: Salem Public
  • Middle Or Junior School: Salem Public

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2015
Closed on
Oct 13, 2015
Sold by
Digirolamo
Bought by
Pickering Court Apartm
Seller's Agent
Dina DiFilippo
Century 21 North East
Buyer's Agent
Dan Botwinik
Dan Botwinik
List Price
$299,900
Sold Price
$275,000
Premium/Discount to List
-$24,900
-8.3%
Current Estimated Value
$745,083

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$470,083
Avg. Annual Appreciation
10.35%

Purchase Details

Closed on
Dec 24, 1998
Sold by
Hawkes William S
Bought by
Ferrier Richard M and Ferrier Rebecca L
Source: Public Records

Range of Values:

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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
Pickering Court Apartm $275,000 --
Ferrier Richard M $114,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murray Matthew P $483,750
Closed Johnson Nathaniel A $307,000
Closed Johnson Nathaniel A $300,000
Previous Owner Bridge St Salem Rt $35,250
Previous Owner Bridge St Salem Rt $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2023 11/02/23 Sold $645,000 -0.8% $384 / Sq Ft
09/26/2023 09/26/23 Pending -- -- --
09/20/2023 09/20/23 For Sale $650,000 +58.5% $387 / Sq Ft
12/07/2016 12/07/16 Sold $410,000 -4.6% $244 / Sq Ft
07/08/2016 07/08/16 Pending -- -- --
06/18/2016 06/18/16 For Sale $429,900 +56.3% $256 / Sq Ft
10/13/2015 10/13/15 Sold $275,000 -8.3% $164 / Sq Ft
09/13/2015 09/13/15 Pending -- -- --
07/06/2015 07/06/15 For Sale $299,900 -- $179 / 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 $7,114 $627,300 $145,500 $481,800
2024 $7,623 $656,000 $145,500 $510,500
2023 $7,509 $600,200 $128,400 $471,800
2022 $7,560 $570,600 $119,800 $450,800
2021 $7,176 $520,000 $111,800 $408,200
2020 $6,984 $483,300 $115,800 $367,500
2019 $6,861 $454,400 $105,600 $348,800
2018 $6,050 $393,400 $91,300 $302,100
2017 $4,225 $266,400 $73,000 $193,400
2016 $4,174 $266,400 $73,000 $193,400
2015 $3,978 $242,400 $62,800 $179,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73161190

MLS Property Information Network (MLS PIN)

APN: SALE-000035-000000-000044