$241,000
SOLD MAR 31, 2017

15 Laurel St Salem, MA 01970

South Salem Neighborhood
3 Beds
1 Bath
1,592 Sq Ft
3,485 Sq Ft Lot

Recently Sold

$151 Per Sq Ft

4% Below List Price

6 Days on Market

About This Home

As of July 2018

Here is a great buy & update opportunity in South Salem! Close to Salem State and downtown Salem, this 3-bedroom 1-bath home features large rooms throughout. The corner lot maximizes backyard space. 2nd floor features 3 nice-sized bedrooms and a large office that leads to the walk-up attic, office could become a 4th bedroom if needed. Move right in and add your TLC for instant sweat equity. This is a great opportunity for contractors or first-time buyers but will not qualify for FHA financing. Convenient to shopping and transportation, this gem is ready for your polishing! Any/all offers due Tuesday 2/7, response to offers Weds 2/8.

Last Agent to Sell the Property

Tom Maloney

Keller Williams Realty Evolution License #454006151 Listed on: 02/02/2017

Keller Williams Realty Evolution

Last Buyer's Agent

Tom Maloney

Keller Williams Realty Evolution License #454006151 Listed on: 02/02/2017

Keller Williams Realty Evolution

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,215

Year Built

1890

Lot Details

0

Listing Details

  • Lot Description: Corner, Paved Drive, Fenced/Enclosed, Level
  • Property Type: Single Family
  • Other Agent: 2.00
  • Lead Paint: Unknown
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1890

Interior Features

  • Appliances: Range, Disposal, Refrigerator
  • Has Basement: Yes
  • Number of Rooms: 7
  • Amenities: Public Transportation, Shopping, Park, Golf Course, Medical Facility, Public School, T-Station
  • Electric: 100 Amps
  • Flooring: Vinyl, Hardwood
  • Basement: Full, Bulkhead
  • Bedroom 2: Second Floor, 12X11
  • Bedroom 3: Second Floor, 13X10
  • Bathroom #1: Second Floor, 7X7
  • Kitchen: First Floor, 18X14
  • Living Room: First Floor, 13X12
  • Master Bedroom: Second Floor, 14X12
  • Master Bedroom Description: Ceiling Fan(s), Flooring - Hardwood
  • Dining Room: First Floor, 12X14
  • Oth1 Room Name: Office
  • Oth1 Dimen: 8X10
  • Oth1 Dscrp: Flooring - Hardwood

Exterior Features

  • Roof: Slate
  • Frontage: 116.00
  • Construction: Frame
  • Exterior: Aluminum
  • Exterior Features: Porch - Enclosed, Gutters, Fenced Yard
  • Foundation: Fieldstone, Brick
  • Beach Ownership: Public

Garage/Parking

  • Parking: Off-Street
  • Parking Spaces: 1

Utilities

  • Heating: Hot Water Baseboard, Gas
  • Heat Zones: 2
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range, for Electric Dryer
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Lot Info

  • Zoning: R2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 10, 2022
Sold by
Bovio Jean and Mccoy-Mahoney Shannon
Bought by
Bovio Jean
Current Estimated Value
$739,977

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$489,417
Outstanding Balance
$461,014
Interest Rate
3.85%
Mortgage Type
FHA
Estimated Equity
$255,735

Purchase Details

Listed on
Mar 2, 2018
Closed on
Aug 1, 2018
Sold by
Qesja Armand
Bought by
Bovio Jean
Seller's Agent
Derek Greene
The Greene Realty Group
Buyer's Agent
David Mahoney
Dave Mahoney Homes
List Price
$489,500
Sold Price
$468,000
Premium/Discount to List
-$21,500
-4.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.26%
Original Mortgage
$444,647
Interest Rate
5.75%
Mortgage Type
FHA

Purchase Details

Listed on
Feb 2, 2017
Closed on
Mar 31, 2017
Sold by
Blouin Leonard M and Blouin Ann M
Bought by
Qesja Armand
Seller's Agent
Tom Maloney
Keller Williams Realty Evolution
Buyer's Agent
Tom Maloney
Keller Williams Realty Evolution
List Price
$249,900
Sold Price
$241,000
Premium/Discount to List
-$8,900
-3.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
64.71%
Source: Public Records

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 Type Sale Price Title Company
Warranty Deed -- Misc Company
Warranty Deed -- Misc Company
Not Resolvable $468,000 --
Not Resolvable $241,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $489,417 FHA
Closed $489,417 FHA
Previous Owner $440,227 FHA
Previous Owner $447,291 FHA
Previous Owner $444,647 FHA
Previous Owner $188,124 No Value Available
Previous Owner $80,300 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2018 07/31/18 Sold $468,000 -0.2% $255 / Sq Ft
06/18/2018 06/18/18 Pending -- -- --
06/07/2018 06/07/18 Price Changed $469,000 -2.1% $255 / Sq Ft
05/04/2018 05/04/18 Price Changed $479,000 -2.1% $261 / Sq Ft
03/02/2018 03/02/18 For Sale $489,500 +103.1% $266 / Sq Ft
03/31/2017 03/31/17 Sold $241,000 -3.6% $151 / Sq Ft
02/08/2017 02/08/17 Pending -- -- --
02/02/2017 02/02/17 For Sale $249,900 -- $157 / 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 $7,215 $636,200 $163,700 $472,500
2024 $6,974 $600,200 $155,100 $445,100
2023 $6,769 $541,100 $143,600 $397,500
2022 $6,482 $489,200 $135,000 $354,200
2021 $6,529 $473,100 $135,000 $338,100
2020 $5,962 $412,600 $116,600 $296,000
2019 $5,548 $367,400 $110,900 $256,500
2018 $4,157 $270,300 $105,700 $164,600
2017 $4,122 $259,900 $86,200 $173,700
2016 $4,001 $255,300 $81,600 $173,700
2015 $3,886 $236,800 $73,500 $163,300
Source: Public Records

Agents Affiliated with this Home

  • Derek Greene

    Seller's Agent in 2018

    Derek Greene

    The Greene Realty Group

    (860) 560-1006

    1 in this area

    2,959 Total Sales

    Section Image
  • David Mahoney

    Buyer's Agent in 2018

    David Mahoney

    Dave Mahoney Homes

    (978) 914-1415

    25 Total Sales

    Section Image

  • T

    Seller's Agent in 2017

    Tom Maloney

    Keller Williams Realty Evolution

    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72115253

MLS Property Information Network (MLS PIN)

APN: SALE-000033-000000-000316

Massachusetts Essex County Salem 01970 South Salem

15 Laurel St, Salem, MA

This home is located at 15 Laurel St, Salem, MA 01970 and is currently priced at $241,000, approximately $151 per square foot. This property was built in 1890. 15 Laurel St is a home located in Essex County with nearby schools including Saltonstall School, Carlton Elementary School, and Bates Elementary School.

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MLS Property Information Network (MLS PIN) The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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