NOT LISTED FOR SALE

14 Nichols St Salem, MA 01970

Gallows Hill Neighborhood

Estimated Value: $621,000 - $727,000

4 Beds
4 Baths
1,906 Sq Ft
$353/Sq Ft Est. Value

Last Sold March 22, 2013

Last sale price $255,000 $134 Per Sq Ft

Est. 164% increase in value since last sale

Current estimated payment $4,072/month

80 Days on Market

About This Home

As of March 2013

Certified DELEADED 2-family in Salem's Gallows Hill perfect for owner-occupants or investors. Relax as the 1st floor 1 bedroom unit generates stable rental income. The townhouse style 2nd unit has 3 bedrooms and 1.5 baths with 2 additional rooms plus another full bath in basement. Roof replaced in 2010 and gas conversion in the 90s. Lots of storage, off-street parking and ample yard space. Easy access to to highways, public transportation to Boston and Salem's restaurants and nightlife.

Last Agent to Sell the Property

Tyson Lynch

The Proper Nest Real Estate Listed on: 12/02/2012

Last Buyer's Agent

Ivelisse Medina

Century 21 North East

Century 21 North East

Property Details

Home Type

Multi-Family

Year Built

1850

Lot Details

0

Listing Details

  • Lot Description: Corner
  • Other Agent: 1.00
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 4
  • Year Built: 1850

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 10
  • Electric: 200 Amps
  • Basement: Full, Partially Finished, Sump Pump, Concrete Floor

Exterior Features

  • Exterior: Vinyl
  • Exterior Features: Porch - Enclosed, Garden Area
  • Foundation: Concrete Block

Garage/Parking

  • Parking: Off-Street
  • Parking Spaces: 3

Utilities

  • Hot Water: Natural Gas
  • Utility Connections: for Electric Range

Lot Info

  • Assessor Parcel Number: M:15 L:0243

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 23, 2020
Sold by
Espinal Nolis
Bought by
Vargas-Abreu Pedro P and Chaveli-Valerio Carmen
Current Estimated Value
$672,501

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,581
Outstanding Balance
$453,307
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$219,194

Purchase Details

Closed on
Nov 5, 2015
Sold by
Noonan Wendolyn
Bought by
Espinal Nolis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,250
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 2, 2012
Closed on
Mar 22, 2013
Sold by
Tierney Dolores
Bought by
Noonan Wendolyn
Seller's Agent
Tyson Lynch
The Proper Nest Real Estate
Buyer's Agent
Ivelisse Medina
Century 21 North East
List Price
$285,000
Sold Price
$255,000
Premium/Discount to List
-$30,000
-10.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.92%
Original Mortgage
$250,381
Interest Rate
3.57%
Mortgage Type
New Conventional
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
Vargas-Abreu Pedro P $520,000 None Available
Espinal Nolis $299,000 --
Noonan Wendolyn $255,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vargas-Abreu Pedro P $510,581
Previous Owner Espinal Nolis $224,250
Previous Owner Noonan Wendolyn $250,381
Previous Owner Noonan Wendolyn $15,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/22/2013 03/22/13 Sold $255,000 -10.5% $134 / Sq Ft
02/20/2013 02/20/13 Pending -- -- --
12/02/2012 12/02/12 For Sale $285,000 -- $150 / 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 $6,414 $565,600 $209,800 $355,800
2024 $6,167 $530,700 $199,400 $331,300
2023 $5,986 $478,500 $184,000 $294,500
2022 $6,532 $493,000 $177,900 $315,100
2021 $5,113 $370,500 $165,600 $204,900
2020 $5,202 $360,000 $156,400 $203,600
2019 $5,163 $341,900 $148,400 $193,500
2018 $4,842 $314,800 $141,100 $173,700
2017 $4,484 $282,700 $119,000 $163,700
2016 $5,151 $328,700 $113,500 $215,200
2015 $5,010 $305,300 $104,300 $201,000
Source: Public Records

Agents Affiliated with this Home

  • Tyson Lynch

    Seller's Agent in 2013

    Tyson Lynch

    The Proper Nest Real Estate

    (781) 244-5208

    58 Total Sales

    Tyson Lynch
    Section Image
  • Ivelisse Medina

    Buyer's Agent in 2013

    Ivelisse Medina

    Century 21 North East

    (978) 430-3009

    2 in this area

    84 Total Sales

    Ivelisse Medina
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71461607

MLS Property Information Network (MLS PIN)

APN: SALE-000015-000000-000243

Massachusetts Essex County Salem 01970 Gallows Hill

14 Nichols St, Salem, MA

Not Listed for Sale

MultiFamily

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