NOT LISTED FOR SALE

Estimated Value: $829,378 - $965,000

4 Beds
3 Baths
2,460 Sq Ft
$366/Sq Ft Est. Value

Last Sold July 14, 2016

Last sale price $535,000 $217 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $5,447/month

16 Days on Market

About This Home

As of July 2016

Stately home meticulously maintained nested on a gorgeous lot over 1 acre! 4 bedroom, 2.5 bath, 2 car garage with epoxy flooring. Recent updates include Roof, Windows, Hot water tank, Painting Exterior/Interior, Landscaping, Patio pavers and walkway are simply beautiful! The 1st floor has great entertaining space ~ family room with fireplace and cathedral ceiling, beautifully done gourmet kitchen with high end appliances - Jenair cooktop, Subzero fridge, custom cherry cabinets, granite counters, island, dining room, formal living room, laundry and half bath. The 2nd floor has 4 good size bedrooms and best of all a master bedroom with bath. The lower level offers a media room and playroom. The exterior has irrigation system, 2 sheds, portable garage, fabulous professionally landscaped grounds. The quality and pristine condition of this lovely home is shown inside and out! This home will not disappoint you!

Last Agent to Sell the Property

Maureen Howe

ERA Key Realty Services Listed on: 05/20/2016

ERA Key Realty Services

Last Buyer's Agent

Donna Bursey

Berkshire Hathaway HomeServices Verani Realty Salem

Berkshire Hathaway HomeServices Verani Realty Salem

Home Details

Home Type

Single Family

Year Built

1987

Lot Details

1.35 Acres

Listing Details

  • Lot Description: Wooded, Paved Drive
  • Property Type: Single Family
  • Other Agent: 2.00
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1987

Interior Features

  • Appliances: Range, Dishwasher, Disposal, Countertop Range
  • Fireplaces: 2
  • Has Basement: Yes
  • Fireplaces: 2
  • Primary Bathroom: Yes
  • Number of Rooms: 10
  • Amenities: Public Transportation, Shopping, Swimming Pool, Tennis Court, Park, Walk/Jog Trails, Stables, Bike Path, Conservation Area, Highway Access, Public School
  • Electric: 200 Amps
  • Flooring: Tile, Wall to Wall Carpet, Hardwood
  • Interior Amenities: Cable Available, Security System
  • Basement: Full, Finished
  • Bedroom 2: Second Floor
  • Bedroom 3: Second Floor
  • Bedroom 4: Second Floor
  • Kitchen: First Floor
  • Laundry Room: First Floor
  • Living Room: First Floor
  • Master Bedroom: Second Floor
  • Master Bedroom Description: Bathroom - Full, Flooring - Wall to Wall Carpet
  • Dining Room: First Floor
  • Family Room: First Floor
  • Oth1 Room Name: Media Room
  • Oth1 Dscrp: Flooring - Wall to Wall Carpet, Fireplace
  • Oth2 Room Name: Bonus Room
  • Oth2 Dscrp: Flooring - Wall to Wall Carpet

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Frontage: 150.00
  • Construction: Frame
  • Exterior: Clapboard
  • Exterior Features: Patio, Storage Shed, Sprinkler System, Decorative Lighting, Stone Wall
  • Foundation: Poured Concrete

Garage/Parking

  • Garage Parking: Attached
  • Garage Spaces: 2
  • Parking: Off-Street
  • Parking Spaces: 10

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Gas
  • Utility Connections: for Gas Range, for Gas Oven
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Lot Info

  • Zoning: res1
  • Lot: 9

Multi Family

  • Sq Ft Incl Bsmt: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2016
Closed on
Jul 14, 2016
Sold by
Laplaca Robert J and Laplaca Michele
Bought by
Veeravelli Prabhakar
Seller's Agent
Maureen Howe
ERA Key Realty Services
Buyer's Agent
Donna Bursey
Berkshire Hathaway HomeServices Verani Realty Salem
List Price
$554,900
Sold Price
$535,000
Premium/Discount to List
-$19,900
-3.59%
Current Estimated Value
$900,845

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$365,845
Avg. Annual Appreciation
5.58%
Original Mortgage
$417,000
Outstanding Balance
$333,748
Interest Rate
3.66%
Mortgage Type
New Conventional
Estimated Equity
$567,097

Purchase Details

Closed on
Feb 8, 2008
Sold by
Laplaca Michele and Melaragni Michele
Bought by
Laplaca Michele and Laplaca Robert J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,000
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 1, 2004
Sold by
Theofilopoulos Anastasia and Theofilopoulos Bill
Bought by
Melaragni Michelle and Laplaca Robert J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 31, 1998
Sold by
Locker Al J and Locker Elise A
Bought by
Theofilopoulos Bill and Bouras Anatasia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Interest Rate
6.84%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 23, 1990
Sold by
Murphy Robert J
Bought by
Locker Al J

Purchase Details

Closed on
Jul 18, 1988
Sold by
R & W Realty Trust
Bought by
Murphy Robert J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Veeravelli Prabhakar $535,000 --
Laplaca Michele -- --
Melaragni Michelle $495,000 --
Theofilopoulos Bill $270,000 --
Locker Al J $244,500 --
Murphy Robert J $259,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Veeravelli Prabhakar $417,000
Previous Owner Laplaca Michele $405,000
Previous Owner Melaragni Michelle $350,000
Previous Owner Murphy Robert J $192,500
Previous Owner Murphy Robert J $202,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/14/2016 07/14/16 Sold $535,000 -2.7% $217 / Sq Ft
06/05/2016 06/05/16 Pending -- -- --
06/02/2016 06/02/16 Price Changed $549,900 -0.9% $224 / Sq Ft
05/20/2016 05/20/16 For Sale $554,900 -- $226 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $9,841 $708,000 $302,000 $406,000
2024 $9,490 $696,800 $302,000 $394,800
2023 $8,800 $612,400 $304,400 $308,000
2022 $8,317 $527,400 $273,400 $254,000
2021 $8,182 $519,800 $251,100 $268,700
2020 $8,426 $512,200 $227,700 $284,500
2019 $7,994 $488,900 $235,100 $253,800
2018 $8,172 $455,000 $201,200 $253,800
2017 $7,948 $443,500 $188,800 $254,700
2016 $7,264 $402,900 $188,800 $214,100
2015 $7,136 $381,600 $171,800 $209,800
2014 $6,947 $366,000 $165,600 $200,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72009834

MLS Property Information Network (MLS PIN)

APN: CHEL-000103-000387-000009

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