NOT LISTED FOR SALE

Estimated Value: $695,868 - $847,000

6 Beds
2 Baths
2,418 Sq Ft
$320/Sq Ft Est. Value

Sale Details

Date Sold: January 28, 2022

Last sale price $650,000 $269 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $4,845 / mo

65 Days on Market

About This Home

As of January 2022

Beautiful 2 family great investment property, or owner occupied receive market rent from first floor and live on second floor, Huge backyard, owner unit is recently updated stainless steel appliances, Gleaming hardwood floors granite counter to updated cabinets. Washer and dryer hookups in basement Great location close to downtown Salem and Salem University. Rental market is very hot in Salem would be a great property to invest in

Last Agent to Sell the Property

Eugene Diaz

Coldwell Banker Realty - Lynnfield Listed on: 10/12/2021

Coldwell Banker Realty - Lynnfield

Last Buyer's Agent

Eugene Diaz

Coldwell Banker Realty - Lynnfield Listed on: 10/12/2021

Coldwell Banker Realty - Lynnfield

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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Property Details

Home Type

  • Multi-Family

Year Built

  • 1915

Lot Details

  • 3,920

Interior Spaces

  • Property has 1 Level

Property Details

Home Type

Multi-Family

Year Built

1915

Lot Details

3,920 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • Directions: Use GPS
  • Garage Yn: No
  • Year Built Details: Approximate
  • Special Features: None
  • Year Built: 1915

Interior Features

  • Appliances: Unit 1(Range), Unit 2(Range,Dishwasher,Microwave), Gas Water Heater
  • Has Basement: Full
  • MAIN LO: H95120
  • MAIN SO: H95120
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Fireplace: No
  • Interior Amenities: Unit 1 Rooms(Living Room,Kitchen)
  • Stories: 3

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Lot Features: Other
  • Patio And Porch Features: Porch
  • Waterfront: No

Utilities

  • Heating: Unit 1(Oil), Unit 2(Oil)
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Unit 1(Water)

Lot Info

  • LOT SIZE: 4099
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 3920.399999
  • Zoning: R2

Multi Family

  • LEVELS 1: 1
  • LEASE 2: N
  • LEASE 1: N
  • Annual Gross Income: 28800
  • Property Net Operating Income: 28800
  • Number Of Units Total: 2
  • Total Actual Rent: 4800

Tax Info

  • Tax Annual Amount: 6410
  • Tax Book Number: 37973
  • Tax Year: 2021

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2021
Closed on
Jan 28, 2022
Sold by
Donarumo Matthew
Bought by
Seller's Agent
Eugene Diaz
Coldwell Banker Realty - Lynnfield
Buyer's Agent
Eugene Diaz
Coldwell Banker Realty - Lynnfield
List Price
$699,900
Sold Price
$650,000
Premium/Discount to List
-$49,900
-7.13%
Current Estimated Value
$772,967

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,967
Avg. Annual Appreciation
3.84%
Original Mortgage
$487,500
Outstanding Balance
$441,690
Interest Rate
3.22%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$331,277

Purchase Details

Listed on
Sep 12, 2019
Closed on
Oct 24, 2019
Sold by
Foley Erin R and Foley Kaitlyn M
Bought by
Donarumo Matthew C
Seller's Agent
Stephen Matthews
Schruender Realty
Buyer's Agent
Eugene Diaz
Coldwell Banker Realty - Lynnfield
List Price
$495,000
Sold Price
$550,000
Premium/Discount to List
$55,000
11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.71%
Original Mortgage
$531,643
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Listed on
Nov 9, 2015
Closed on
Dec 23, 2015
Sold by
Morin Duane and Morin Douglas
Bought by
Foley Erin and Foley Kaitlyn M
Seller's Agent
pat Fenton
Aluxety
Buyer's Agent
Ryan Schruender
Schruender Realty
List Price
$350,000
Sold Price
$362,000
Premium/Discount to List
$12,000
3.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.48%
Original Mortgage
$349,330
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 14, 2012
Sold by
Morin Matthew D Est and Askenaizer
Bought by
Morin Duane and Morin Douglas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 20, 2010
Sold by
Morin Richard and Morin Barbara J
Bought by
Morin Duane and Morin Matthew D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
4.97%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in South Salem, MA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$650,000 None Available
Donarumo Matthew C $550,000 --
Foley Erin $362,000 --
Morin Duane $24,000 --
Morin Duane -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open -- $487,500
Previous Owner -- $531,643
Previous Owner Foley Erin R $346,000
Previous Owner -- $349,330
Previous Owner -- $110,000
Previous Owner Morin Duane $75,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/28/2022 01/28/22 Sold $650,000 -7.1% $269 / Sq Ft
12/17/2021 12/17/21 Pending -- -- --
10/12/2021 10/12/21 For Sale $699,900 +27.3% $289 / Sq Ft
10/28/2019 10/28/19 Sold $550,000 +11.1% $227 / Sq Ft View Prior Sale
09/17/2019 09/17/19 Pending -- -- --
09/12/2019 09/12/19 For Sale $495,000 -- $205 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $7,203 $635,200 $167,200 $468,000
2024 $6,876 $591,700 $158,400 $433,300
2023 $6,692 $534,900 $146,600 $388,300
2022 $6,634 $500,700 $137,800 $362,900
2021 $6,410 $464,500 $137,800 $326,700
2020 $5,750 $397,900 $119,100 $278,800
2019 $5,693 $377,000 $113,200 $263,800
2018 $5,255 $341,700 $107,900 $233,800
2017 $4,866 $306,800 $88,000 $218,800
2016 $4,734 $302,100 $83,300 $218,800
2015 $4,569 $278,400 $75,100 $203,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72907175

MLS Property Information Network (MLS PIN)

APN: SALE-000033-000000-000296

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