Seller's Agent in 2013
Tyson Lynch
The Proper Nest Real Estate
(781) 244-5208
75 Total Sales
14 Nichols St Salem, MA 01970
Gallows Hill NeighborhoodEstimated Value: $688,055 - $821,000
4
Beds
4
Baths
1,906
Sq Ft
$389/Sq Ft
Est. Value
About This Home
As of March 2013Certified 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.
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$6,414
Year Built
1850
Lot Details
0
Listing Details
- Lot Description: Corner
- Other Agent: 1.00
- Special Features: None
- Property Sub Type: MultiFamily
- 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
Schools
- Elementary School: Choice
- Middle School: Collins
- High School: Salem High
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
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
$459,497
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$261,579
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
8.75%
Original Mortgage
$250,381
Interest Rate
3.57%
Mortgage Type
New Conventional
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Home Values in the Area
Average Home Value in this Area
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 | $12,676 | |
| Open | Vargas-Abreu Pedro P | $510,581 | |
| Previous Owner | Espinal Nolis | $224,250 | |
| Previous Owner | Shea Dolores | $250,381 | |
| Previous Owner | Shea Dolores | $15,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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
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
-
-
Buyer's Agent in 2013
Ivelisse Medina
Century 21 North East
(978) 430-3009
2 in this area
93 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 71461607
APN: SALE-000015-000000-000243
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