NOT LISTED FOR SALE

Estimated Value: $646,823 - $738,000

4 Beds
2 Baths
1,620 Sq Ft
$424/Sq Ft Est. Value

Last Sold October 12, 2022

Last sale price $555,500 $343 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $4,086/month

4 Days on Market

Highlights

  • Golf Course Community
  • Scenic Views
  • Cape Cod Architecture
  • Medical Services
  • Waterfront
  • 4-minute walk to Pickman Park

About This Home

As of October 2022

Located in one of Salem's nicest areas, the Presidential neighborhood, this 4 bedroom Cape style home has two full bathrooms (one remodeled in 2016) a kitchen remodeled in 2013, all new windows in 2019, a sunroom, and a fenced yard with a koi pond. A river comes in from Salem Harbor and meanders to a salt marsh in front of the house offering beautiful year-round views. A shed sits next to the patio and the 4 car driveway. The home has a full basement with a bonus room. The roof is less than 5 years old and the heating sytem is inspected every year. A 6-minute walk takes you to "The Rail Trail" into Marblehead next to the Salem Harbor. First Showing are at the Open houses on Saturday, August 6th and Sunday, August 7th from 11:30 to 1 PM. All offers due by Tuesday at 7 PM August 9th. The sellers prefer closing after November 1st.

Last Agent to Sell the Property

Jim Armstrong

Aluxety Listed on: 08/04/2022

Last Buyer's Agent

Lise Danforth

Coldwell Banker Realty - Marblehead

Coldwell Banker Realty - Marblehead

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,732

Year Built

  • Built in 1954 | Remodeled

Lot Details

  • 5,471 Sq Ft Lot
  • Waterfront
  • Fenced
  • Corner Lot
  • Level Lot
  • Garden
  • Property is zoned RC

Home Design

  • Cape Cod Architecture
  • Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,620 Sq Ft Home
  • Recessed Lighting
  • Decorative Lighting
  • Insulated Windows
  • Bay Window
  • Sliding Doors
  • Insulated Doors
  • Living Room with Fireplace
  • Dining Area
  • Scenic Vista Views

Kitchen

  • Range
  • Microwave
  • Freezer
  • Plumbed For Ice Maker
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops

Flooring

  • Wood
  • Wall to Wall Carpet
  • Stone
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • 2 Full Bathrooms
  • Separate Shower
  • Linen Closet In Bathroom

Laundry

  • Dryer
  • Washer
  • Laundry Chute

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Block Basement Construction

Parking

  • 4 Car Parking Spaces
  • Tandem Parking
  • Unpaved Parking
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Schools

  • Collins Middle School
  • Salem High School

Utilities

  • Window Unit Cooling System
  • 1 Heating Zone
  • Heating System Uses Oil
  • Baseboard Heating
  • 100 Amp Service
  • Electric Water Heater
  • High Speed Internet

Additional Features

  • Enclosed Patio or Porch
  • Property is near public transit and schools

Listing and Financial Details

  • Tax Lot 14
  • Assessor Parcel Number 2133866

Community Details

Overview

  • No Home Owners Association
  • Presidential Area. Subdivision
  • Near Conservation Area

Amenities

  • Medical Services
  • Shops

Recreation

  • Golf Course Community
  • Park
  • Jogging Path
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,732

Year Built

Built in 1954 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cape
  • Year Built: 1954
  • Subdivision Name: Presidential Area.
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Gross/Full Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Flooring: Wood, Carpet, Stone / Slate
  • Interior Amenities: Laundry Chute, Internet Available - Broadband
  • Door Features: Insulated Doors
  • Fireplace Features: Living Room
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Range,Dishwasher,Microwave,Refrigerator,Freezer,Washer,Dryer, Electric Water Heater, Plumbed For Ice Maker, Utility Connections for Electric Oven, Utility Connections for Electric Dryer
  • Total Bedrooms: 4
  • Room Bedroom2 Level: Second
  • Room Bedroom2 Features: Closet, Flooring - Hardwood
  • Room Bedroom3 Features: Closet, Flooring - Hardwood
  • Room Bedroom3 Level: First
  • Room Bedroom4 Level: First
  • Room Bedroom4 Features: Closet, Flooring - Hardwood
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Room Master Bedroom Features: Bathroom - Full, Closet, Flooring - Wall to Wall Carpet
  • Room Master Bedroom Level: Second
  • Bathroom 1 Features: Bathroom - Full, Closet - Linen, Flooring - Stone/Ceramic Tile, Laundry Chute
  • Bathroom 1 Level: First
  • Bathroom 2 Level: Second
  • Bathroom 2 Features: Bathroom - Full, Bathroom - With Shower Stall, Closet - Linen, Flooring - Stone/Ceramic Tile
  • Room Kitchen Level: First
  • Room Kitchen Features: Bathroom - Full, Flooring - Hardwood, Dining Area, Countertops - Stone/Granite/Solid, Cabinets - Upgraded, Recessed Lighting, Remodeled, Slider, Peninsula, Lighting - Pendant
  • Laundry Features: Washer Hookup
  • Room Living Room Level: First
  • Room Living Room Features: Closet, Flooring - Hardwood, Window(s) - Bay/Bow/Box
  • Basement: Full, Partially Finished, Walk-Out Access, Sump Pump, Concrete
  • Accessibility Features: No
  • Living Area: 1620
  • Window Features: Insulated Windows
  • MAIN LO: C95180
  • MAIN SO: AN6181

Exterior Features

  • Exterior Features: Garden
  • Construction Materials: Frame
  • Fencing: Fenced/Enclosed, Fenced
  • Foundation Details: Concrete Perimeter
  • Home Warranty YN: No
  • Patio And Porch Features: Porch - Enclosed, Patio
  • Road Frontage Type: Public
  • Roof: Shingle
  • View: Scenic View(s)
  • View YN: Yes
  • Waterfront Features: Beach Front, River, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Off Street, Tandem, Paved, Unpaved
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Oven, for Electric Dryer, Washer Hookup, Icemaker Connection
  • Cooling: Window Unit(s)
  • Heating: Baseboard, Oil
  • Cooling Y N: Yes
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • SEWAGE DISTRICT: SESD
  • HEAT ZONES: 1

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Bike Path, Conservation Area, Public School, University

Lot Info

  • Parcel Number: 2133866
  • Zoning: RC
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot, Level
  • Lot Size Acres: 0.13
  • Lot Size Sq Ft: 5471
  • Lot Size Units: Acres
  • Property Attached YN: No
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 5731.95
  • Tax Lot: 14

Multi Family

  • Basement Included Sq Ft: Yes

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2022
Closed on
Oct 11, 2022
Sold by
Runne Patrick and Runne Anita
Bought by
Russell Dakota and Russell Greta
Seller's Agent
Jim Armstrong
Aluxety
Buyer's Agent
Lise Danforth
Coldwell Banker Realty - Marblehead
List Price
$559,900
Sold Price
$555,500
Premium/Discount to List
-$4,400
-0.79%
Views
19
Current Estimated Value
$686,206

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,706
Avg. Annual Appreciation
6.65%
Original Mortgage
$444,400
Outstanding Balance
$423,455
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$262,751

Purchase Details

Listed on
Oct 19, 2012
Closed on
Feb 15, 2013
Sold by
Carnevale Alfred R Est
Bought by
Runne Anita and Runne Patrick
Seller's Agent
Anthony Carnevale
Solomon Real Estate
Buyer's Agent
Gary Blattberg
RE/MAX Beacon
List Price
$324,000
Sold Price
$280,000
Premium/Discount to List
-$44,000
-13.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.35%
Original Mortgage
$200,000
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 28, 2007
Sold by
Carnevale Anthony P and Carnevale Rose A
Bought by
Carnevale Alfred R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Russell Dakota $555,500 None Available
Runne Anita $280,000 --
Carnevale Alfred R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Russell Dakota $444,400
Previous Owner Runne Anita $200,000
Previous Owner Carnevale Alfred R $200,000
Previous Owner Carnevale Alfred R $100,000
Previous Owner Carnevale Alfred R $25,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/12/2022 10/12/22 Sold $555,500 -0.8% $343 / Sq Ft
08/09/2022 08/09/22 Pending -- -- --
08/04/2022 08/04/22 For Sale $559,900 +100.0% $346 / Sq Ft
02/15/2013 02/15/13 Sold $280,000 -6.0% $192 / Sq Ft View Prior Sale
12/19/2012 12/19/12 Pending -- -- --
11/26/2012 11/26/12 Price Changed $298,000 -3.2% $204 / Sq Ft
11/05/2012 11/05/12 Price Changed $308,000 -4.9% $211 / Sq Ft
10/19/2012 10/19/12 For Sale $324,000 -- $222 / 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 $6,399 $564,300 $215,500 $348,800
2024 $6,270 $539,600 $203,400 $336,200
2023 $6,025 $481,600 $185,100 $296,500
2022 $5,732 $432,600 $170,000 $262,600
2021 $5,356 $388,100 $157,800 $230,300
2020 $5,427 $375,600 $154,800 $220,800
2019 $5,389 $356,900 $145,700 $211,200
2018 $5,129 $333,500 $136,000 $197,500
2017 $4,130 $260,400 $127,500 $132,900
2016 $4,080 $260,400 $127,500 $132,900
2015 $3,883 $236,600 $112,300 $124,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73021401

MLS Property Information Network (MLS PIN)

APN: SALE-000031-000000-000124