NOT LISTED FOR SALE

Estimated Value: $355,000 - $420,000

2 Beds
1 Bath
825 Sq Ft
$472/Sq Ft Est. Value

Highlights

  • Deck
  • Wood Flooring
  • Upgraded Countertops
  • Property is near public transit
  • No HOA
  • 1-minute walk to Swiniuch Park

About This Home

As of May 2023

Welcome to historic downtown Salem. This recently renovated apt with two bedrooms and one bathroom has much to offer. This second floor unit boasts an upgraded kitchen and bathroom while keeping the historic charm of exposed brick walls and original hardwood floors in the living room, and bedrooms. Excellent location close to the Salem ferry, commuter rail, Derby wharf, Salem Willows, Winter island, Washington and Essex St shops and restaurants. .4 Miles and 1 mile to beaches. Extra Storage in basement. Renter insurance and references required.

Last Agent to Rent the Property

Matthew Sears

Aluxety Listed on: 04/10/2023

Last Renter's Agent

Matthew Sears

Aluxety Listed on: 04/10/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,752

Year Built

  • 1900

Home Design

  • 825 Sq Ft Home
  • Apartment
  • Entry on the 2nd floor

Kitchen

  • Range
  • Freezer
  • Dishwasher
  • Upgraded Countertops

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • 1 Full Bathroom
  • Separate Shower

Utilities

  • No Cooling
  • Heating System Uses Natural Gas

Additional Features

  • Deck
  • Property is near public transit

Listing and Financial Details

  • Security Deposit $1,050
  • Property Available on 6/1/23
  • Rent includes water, sewer, trash collection, extra storage
  • 12 Month Lease Term
  • Assessor Parcel Number 2136829

Community Details

Overview

  • No Home Owners Association

Amenities

  • Shops
  • Coin Laundry

Recreation

  • Park
  • Jogging Path

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,752

Year Built

1900

Lot Details

0

Rental Info

  • Pets Allowed: No
  • Available Date: 2023-06-01
  • Lease Term: Term of Rental(12)
  • Available Now: No
  • Deposit Required: Yes
  • FIRST MON REQD: Yes
  • INSURANCE REQD: Yes
  • LAST MON REQD: Yes
  • REFERENCES REQD: Yes
  • SEC DEPOSIT: 1050

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Apartment
  • Dual Variable: Yes
  • Entry Level: 2
  • Year Built Details: Approximate
  • CoOp Comp: None
  • ResoPropertyType: ResidentialLease
  • ResoBuildingAreaSource: Other
  • Special Features: None
  • Year Built: 1900

Interior Features

  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Refrigerator,Freezer
  • Total Bedrooms: 2
  • Room Bedroom2 Level: Second
  • Room Bedroom2 Features: Closet, Flooring - Hardwood
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Features: Closet, Flooring - Hardwood
  • Room Master Bedroom Level: Second
  • Master Bathroom Features: No
  • Bathroom 1 Features: Bathroom - Full, Bathroom - With Shower Stall, Flooring - Stone/Ceramic Tile
  • Bathroom 1 Level: Second
  • Room Kitchen Level: Second
  • Room Kitchen Features: Flooring - Hardwood, Countertops - Upgraded
  • Room Living Room Level: Second
  • Room Living Room Features: Bathroom - Full, Flooring - Hardwood
  • Living Area: 825
  • Spa YN: No
  • MAIN LO: C95180
  • MAIN SO: C95180

Exterior Features

  • Home Warranty YN: No
  • Patio And Porch Features: Deck
  • Waterfront YN: No

Utilities

  • Heating: Natural Gas
  • Cooling Y N: No
  • Heating YN: Yes

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Laundromat, House of Worship
  • Rent Includes: Water, Sewer, Trash Collection, Extra Storage
  • Senior Community YN: No

Lot Info

  • Parcel Number: 2136829
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Property Attached YN: Yes
  • ResoLotSizeUnits: Acres

Multi Family

  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 14, 2021
Sold by
Bailin David C
Bought by
Dietrich Sarah E and May Susanne M
Current Estimated Value
$389,257

Purchase Details

Closed on
Dec 31, 1996
Sold by
Fallette Salvatore J and Fallette Bruce J
Bought by
Bailin David C and Lawless Kevin W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,600
Interest Rate
7.55%
Mortgage Type
Purchase Money Mortgage
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
Dietrich Sarah E $292,000 None Available
Bailin David C $52,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bailin David C $200,000
Previous Owner Bailin David C $50,000
Previous Owner Bailin David C $115,000
Previous Owner Bailin David C $41,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/25/2023 05/25/23 Rented $2,100 0.0% --
05/22/2023 05/22/23 Under Contract -- -- --
04/10/2023 04/10/23 For Rent $2,100 +7.7% --
03/30/2022 03/30/22 Rented $1,950 0.0% --
03/14/2022 03/14/22 For Rent $1,950 -4.9% --
03/10/2022 03/10/22 Under Contract -- -- --
10/26/2021 10/26/21 For Rent $2,050 -- --
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 $3,752 $330,900 $0 $330,900
2024 $3,700 $318,400 $0 $318,400
2023 $3,488 $278,800 $0 $278,800
2022 $3,242 $244,700 $0 $244,700
2021 $2,806 $203,300 $0 $203,300
2020 $2,588 $179,100 $0 $179,100
2019 $2,525 $167,200 $0 $167,200
2018 $2,396 $155,800 $0 $155,800
2017 $2,343 $147,700 $0 $147,700
2016 $2,192 $139,900 $0 $139,900
2015 $2,109 $128,500 $0 $128,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73096733

MLS Property Information Network (MLS PIN)

APN: SALE-000035-000000-000392-000806-000806