NOT LISTED FOR SALE

14 Monroe Rd Salem, MA 01970

South Salem Neighborhood

Estimated Value: $641,000 - $739,000

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 $4,105/month

About This Home

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.

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
$686,618

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,118
Avg. Annual Appreciation
6.39%
Original Mortgage
$444,400
Outstanding Balance
$423,455
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$263,163

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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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
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 View Prior Sale
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

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

  • Jim Armstrong

    Seller's Agent in 2022

    Jim Armstrong

    Aluxety

    (978) 394-6736

    5 in this area

    65 Total Sales

    Jim Armstrong
    Section Image
  • Lise Danforth

    Buyer's Agent in 2022

    Lise Danforth

    Coldwell Banker Realty - Marblehead

    (978) 853-2228

    2 in this area

    42 Total Sales

    Lise Danforth
    Section Image

  • A

    Seller's Agent in 2013

    Anthony Carnevale

    Solomon Real Estate

  • Gary Blattberg

    Buyer's Agent in 2013

    Gary Blattberg

    RE/MAX

    (978) 882-4469

    6 in this area

    125 Total Sales

    Gary Blattberg
    Section Image
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Map

Massachusetts Essex County Salem 01970 South Salem

14 Monroe Rd, Salem, MA

Not Listed for Sale

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