RENTED DEC 30, 2024

Estimated Value: $156,000 - $246,000

1 Bed
1 Bath
340 Sq Ft
$631/Sq Ft Est. Value

Last Sold November 01, 2016

Last sale price $110,000 $324 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $1,278/month

Highlights

  • Property is near public transit
  • 5-minute walk to Salem
  • Coin Laundry
  • No HOA
  • Shops
  • 2-minute walk to Piperpont Park

About This Home

As of December 2024

Great studio apartment in downtown Salem. This 4th floor penthouse unit features hardwood floors, high ceilings, great period detail and a porch. Laundry facilities are located in the basement. Parking is on street permit or public meter. Steps from all Salem has to offer! Less than a 1/4 mile to the train station. All showings will be done at group showings scheduled for Thursday, November 14, 2024 from 5:30-6:00 PM and Saturday, November 16, 2024 11:30am-12:15pm.

Last Agent to Rent the Property

Jack Brown

RE/MAX Beacon Listed on: 11/12/2024

RE/MAX Beacon

Last Renter's Agent

Jack Brown

RE/MAX Beacon Listed on: 11/12/2024

RE/MAX Beacon

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,788

Year Built

  • 1900

Home Design

  • 340 Sq Ft Home
  • Apartment
  • Entry on the 4th floor

Additional Features

  • 1 Full Bathroom
  • Property is near public transit
  • No Cooling

Listing and Financial Details

  • Security Deposit $1,500
  • Property Available on 11/1/23
  • Rent includes water, sewer, snow removal, gardener
  • Assessor Parcel Number 2132617

Community Details

Overview

  • No Home Owners Association

Amenities

  • Shops
  • Coin Laundry

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,788

Year Built

1900

Lot Details

0

Rental Info

  • Pets Allowed: No
  • Available Date: 2023-11-01
  • Lease Term: Lease Terms(Yes),Term of Rental(12)
  • Available Now: No
  • Deposit Required: Yes
  • FIRST MON REQD: Yes
  • INSURANCE REQD: No
  • LAST MON REQD: Yes
  • REFERENCES REQD: Yes
  • SEC DEPOSIT: 1500

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Apartment
  • Entry Level: 4
  • Year Round: Yes
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Year Built: 1900

Interior Features

  • Fireplace YN: No
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Living Area: 340
  • Spa YN: No
  • MAIN LO: AN8171
  • MAIN SO: AN8171

Exterior Features

  • Home Warranty YN: No
  • Waterfront YN: No
  • Waterview Flag: No

Utilities

  • Cooling Y N: No

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Public Transportation, Shopping, Laundromat, T-Station
  • Rent Includes: Water, Sewer, Snow Removal, Gardener
  • Senior Community YN: No

Lot Info

  • Parcel Number: 2132617
  • 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
May 22, 2018
Sold by
Dormer John D and Dormer Melissa
Bought by
15 Lynde Street 34 Llc
Current Estimated Value
$214,520

Purchase Details

Listed on
Sep 26, 2016
Closed on
Nov 1, 2016
Sold by
Higgins Mary E
Bought by
Dormer John and Dormer Melissa
Seller's Agent
Michael Shea
Shea Real Estate
Buyer's Agent
Kimberly Pyne
The Agency Marblehead
List Price
$100,000
Sold Price
$110,000
Premium/Discount to List
$10,000
10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.65%

Purchase Details

Closed on
Dec 23, 2004
Sold by
Bowen Amy M
Bought by
Higgins Mary E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,800
Interest Rate
5.74%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 15, 2001
Sold by
Donlon John A
Bought by
Bowen Amy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,305
Interest Rate
6.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 18, 1996
Sold by
Otis Realty Inc
Bought by
Donlon John A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,950
Interest Rate
7.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 13, 1995
Sold by
Lopes James F
Bought by
Otis Rlty Inc
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
15 Lynde Street 34 Llc -- --
Dormer John $110,000 --
Higgins Mary E $83,750 --
Bowen Amy M $49,900 --
Donlon John A $18,500 --
Otis Rlty Inc $7,662 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Otis Rlty Inc $62,800
Previous Owner Otis Rlty Inc $47,305
Previous Owner Otis Rlty Inc $12,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/30/2024 12/30/24 Rented $1,500 0.0% --
12/20/2024 12/20/24 Under Contract -- -- --
11/12/2024 11/12/24 For Rent $1,500 +5.3% --
11/18/2023 11/18/23 Rented $1,425 0.0% --
11/14/2023 11/14/23 Under Contract -- -- --
11/03/2023 11/03/23 For Rent $1,425 +14.0% --
12/01/2021 12/01/21 Rented -- -- --
11/04/2021 11/04/21 Under Contract -- -- --
10/29/2021 10/29/21 For Rent $1,250 +4.2% --
05/30/2020 05/30/20 Rented $1,200 0.0% --
05/27/2020 05/27/20 Under Contract -- -- --
05/22/2020 05/22/20 For Rent $1,200 0.0% --
11/01/2016 11/01/16 Sold $110,000 +10.0% $324 / Sq Ft View Prior Sale
10/02/2016 10/02/16 Pending -- -- --
09/26/2016 09/26/16 For Sale $100,000 -- $294 / 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 $1,788 $157,700 $0 $157,700
2024 $1,684 $144,900 $0 $144,900
2023 $1,442 $115,300 $0 $115,300
2022 $1,367 $103,200 $0 $103,200
2021 $1,328 $96,200 $0 $96,200
2020 $1,361 $94,200 $0 $94,200
2019 $1,309 $86,700 $0 $86,700
2018 $1,154 $75,000 $0 $75,000
2017 $1,025 $64,600 $0 $64,600
2016 $990 $63,200 $0 $63,200
2015 $993 $60,500 $0 $60,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73311660

MLS Property Information Network (MLS PIN)

APN: SALE-000026-000000-000434-000834-000834