NOT LISTED FOR SALE

Estimated Value: $796,490 - $913,000

9 Beds
3 Baths
3,834 Sq Ft
$219/Sq Ft Est. Value

Last Sold March 30, 2018

Last sale price $499,000 $130 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $5,383/month

4 Days on Market

About This Home

As of March 2018

Don't miss this opportunity to own a multi-family offering lots of qualities desired by an investor or owner occupant seeking income. This well kept DELEADED home has THREE units and a brand NEW ROOF. The identical layouts boast high ceilings, hardwood floors, and lots of natural light. Each unit offers 3 BEDROOMS, eat-in kitchen, large living room, spacious bathroom, and bonus laundry rooms. There is a 4 CAR GARAGE and separate driveway all with tandem parking offering the potential for more income or a hobbyist dream storage. This rare find is located close to shops, public library, public transportation and much more this community has to offer. All this within minutes of routes 93/213/495.

Last Listed By

Stephanie Jordan

Coldwell Banker Realty - Salem Listed on: 02/07/2018

Coldwell Banker Realty - Salem

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,135

Year Built

  • Built in 1900

Lot Details

  • 3,920

Parking

  • 4 Car Garage

Utilities

  • Natural Gas Water Heater

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:00714 B:00119 L:00012

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,135

Year Built

Built in 1900

Lot Details

0

Parking

4

Listing Details

  • Property Type: Multi-family
  • Other Agent: 2.00
  • Year Built Description: Actual
  • List Price Per Sq Ft: 129.11
  • Comp Based On: Net Sale Price
  • Year Built: 1900
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1900

Interior Features

  • Total Flrs: 6
  • No Bedrooms: 9
  • Total Brs: 9
  • Full Bathrooms: 3
  • Total Fbh: 3
  • No Rooms: 15
  • Basement: Y
  • Basement Features: Full, Unfinished Basement
  • Main Lo: K95001
  • Main So: AC0594
  • Estimated Sq Ft: 3834.00

Exterior Features

  • Roof Material: Rubber
  • Foundation: Fieldstone

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 6
  • Garage Spaces: 4

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Heat Zones: 3
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Stables, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School

Lot Info

  • Assessments: 344000.00
  • Lot: 00012
  • Acre: 0.09
  • Lot Size: 3930.00
  • Page: 72
  • Parcel Number: M:00714 B:00119 L:00012
  • Zoning: CBD
  • Lot Description: Corner, Paved Drive

Multi Family

  • Heat Units: 3
  • Total Levels: 3
  • Total Rms: 15
  • No Units: 3
  • Mf Type: 3 Family - 3 Units Up/Down

Tax Info

  • Taxes: 5039.00
  • Assessor Parcel Number: 2044036

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2018
Closed on
Mar 30, 2018
Sold by
Antonio I Fereira Ft
Bought by
Cabral Aneudy
Seller's Agent
Stephanie Jordan
Coldwell Banker Realty - Salem
Buyer's Agent
Johan Lopez
Home Shop Properties, Inc.
List Price
$495,000
Sold Price
$499,000
Premium/Discount to List
$4,000
0.81%
Total Days on Market
4
Current Estimated Value
$840,623

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$341,623
Avg. Annual Appreciation
7.57%
Original Mortgage
$489,961
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 27, 2013
Sold by
Ferreira Ilda C and Ferreira Antonio I
Bought by
Antonio I Ferreira Ft and Borges Crestina B

Purchase Details

Closed on
Aug 10, 2006
Sold by
George Realty Llc
Bought by
Ferreira Antonio Ic and Ferreira Ilda C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
6.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 30, 1991
Sold by
Bishop Ex Fred E
Bought by
14-16 Union St Rt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
9.1%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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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
Cabral Aneudy $499,000 --
Antonio I Ferreira Ft -- --
Ferreira Antonio Ic $390,000 --
14-16 Union St Rt $72,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cabral Aneudy $503,200
Closed Cabral Aneudy $489,961
Previous Owner Ferreira Rui B $287,525
Previous Owner Ferreira Antonio Ic $312,000
Previous Owner 14-16 Union St Rt $67,500
Previous Owner 14-16 Union St Rt $67,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2018 03/30/18 Sold $499,000 +0.8% $130 / Sq Ft
02/11/2018 02/11/18 Pending -- -- --
02/07/2018 02/07/18 For Sale $495,000 -- $129 / 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 $8,135 $768,900 $182,800 $586,100
2024 $7,994 $736,100 $159,800 $576,300
2023 $7,647 $653,600 $140,600 $513,000
2022 $6,802 $521,200 $115,100 $406,100
2021 $6,662 $505,100 $108,700 $396,400
2020 $6,658 $495,400 $108,700 $386,700
2019 $5,851 $412,300 $94,100 $318,200
2018 $5,397 $378,200 $88,200 $290,000
2017 $5,040 $344,000 $82,300 $261,700
2016 $4,727 $319,200 $76,400 $242,800
2015 $4,149 $284,200 $76,400 $207,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72278608

MLS Property Information Network (MLS PIN)

APN: METH-000714-000119-000012