NOT LISTED FOR SALE

15 Salem St North Reading, MA 01864

Estimated Value: $748,670 - $900,000

4 Beds
3 Baths
1,548 Sq Ft
$527/Sq Ft Est. Value

Last Sold October 02, 2023

Last sale price $620,000 $401 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $5,067/month

31 Days on Market

Highlights

  • 1.8 Acre Lot
  • Cape Cod Architecture
  • Wooded Lot
  • J Turner Hood Rated A-
  • Deck
  • Wood Flooring

About This Home

As of October 2023

ALL OFFERS DUE MONDAY!!! A "Diamond in the Rough". This large Cape Cod on a 1.8 acre lot could use some love and attention to bring it back to its glory! The lot is magnificent and abuts Harold Parker State forest and conservation land with a paved path right to a small pond. The house has 3+ bedrooms and 3 full baths. Large living room open to the kitchen (needs to be replaced). A cathedral ceiling room off the kitchen with an older woodstove has seen much better days but has potential to be a bright spot once again! Lower level walk-out has an older in-law with a great size living room. Property is being sold "as-is" "as-seen" and will not qualify for an FHA/VA loan. Perfect for that incredibly handy person who wants to be in a great community with top rated school systems. Contractors/rehab specialists and flippers will see the potential in this property! There is no access to the house.

Last Agent to Sell the Property

Jodi Fitzgerald

Fitzgerald & Associates Listed on: 07/18/2023

Last Buyer's Agent

Jodi Fitzgerald

Fitzgerald & Associates Listed on: 07/18/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,194

Year Built

  • Built in 1966

Lot Details

  • 1.8 Acre Lot
  • Near Conservation Area
  • Wooded Lot
  • Property is zoned RA

Home Design

  • Cape Cod Architecture
  • Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,548 Sq Ft Home
  • 1 Fireplace

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • 3 Full Bathrooms

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Block Basement Construction

Parking

  • 20 Car Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Deck
  • Outdoor Storage

Additional Homes

  • Accessory Dwelling Unit (ADU)

Schools

  • Hood Elementary School
  • Nr Middle School
  • Nr High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • 1 Heating Zone
  • Heating System Uses Oil
  • Private Water Source
  • Sewer Inspection Required for Sale
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number M:068.0 B:0000 L:0005.0,721251

Community Details

Recreation

  • Park
  • Jogging Path

Additional Features

  • No Home Owners Association
  • Shops

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,194

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cape
  • Year Built: 1966
  • Buyer Agency: 2
  • Transaction Broker: 2
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Flooring: Vinyl, Carpet, Hardwood
  • Interior Amenities: Accessory Apt.
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Utility Connections for Electric Range
  • Total Bedrooms: 4
  • Room Bedroom2 Level: Second
  • Room Bedroom3 Level: First
  • Room Bedroom4 Level: Basement
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Room Master Bedroom Level: Second
  • Master Bathroom Features: No
  • Bathroom 1 Level: First
  • Bathroom 2 Level: Second
  • Bathroom 3 Level: Basement
  • Room Dining Room Level: First
  • Room Family Room Level: Basement
  • Room Kitchen Level: First
  • Room Living Room Level: First
  • Basement: Full, Partially Finished, Walk-Out Access, Interior Entry, Concrete
  • Living Area: 1548
  • Spa YN: No
  • MAIN LO: B21201
  • LIST PRICE PER Sq Ft: 387.53
  • PRICE PER Sq Ft: 400.52
  • MAIN SO: B21201

Exterior Features

  • Exterior Features: Deck, Storage
  • Construction Materials: Frame
  • Foundation Details: Concrete Perimeter
  • Home Warranty YN: No
  • Patio And Porch Features: Deck
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street
  • Total Parking Spaces: 20

Utilities

  • Sewer: Inspection Required for Sale, Private Sewer
  • Utilities: for Electric Range
  • Cooling: None
  • Heating: Forced Air, Oil
  • Cooling Y N: No
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Private
  • HEAT ZONES: 1
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Shopping, Park, Walk/Jog Trails, Conservation Area
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:068.0 B:0000 L:0005.0,721251
  • Zoning: RA
  • Farm Land Area Units: Square Feet
  • Lot Features: Wooded
  • Lot Size Acres: 1.8
  • Lot Size Area: 1.8
  • Lot Size Sq Ft: 78408
  • Lot Size Units: Acres
  • Property Attached YN: No
  • PAGE: 186
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 8194
  • Tax Book Number: 1261

Multi Family

  • Basement Included Sq Ft: No

MLS Schools

  • High School: Nr High School
  • Elementary School: Hood School
  • Middle Or Junior School: Nr Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 8, 2024
Sold by
Fifiteen Salem Street Llc
Bought by
Dicicco Stephen
Current Estimated Value
$815,418

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$547,000
Outstanding Balance
$542,893
Interest Rate
7.03%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$231,024

Purchase Details

Closed on
Apr 30, 1996
Sold by
Fuller Clyde F and Fuller Carolyn R
Bought by
Fuller Andrew J and Fuller Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
7.81%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Dicicco Stephen -- None Available
Dicicco Stephen -- None Available
Fuller Andrew J $185,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dicicco Stephen $547,000
Closed Dicicco Stephen $547,000
Previous Owner Fuller Andrew J $165,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2023 10/02/23 Sold $620,000 +3.4% $401 / Sq Ft
08/19/2023 08/19/23 Pending -- -- --
08/08/2023 08/08/23 Price Changed $599,901 0.0% $388 / Sq Ft
07/18/2023 07/18/23 For Sale $599,900 -- $388 / 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 $8,930 $683,800 $417,100 $266,700
2024 $8,617 $652,300 $393,100 $259,200
2023 $8,194 $585,700 $361,700 $224,000
2022 $7,943 $529,500 $329,900 $199,600
2021 $7,632 $488,300 $305,600 $182,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73137614

MLS Property Information Network (MLS PIN)

APN: NREA-000068-000000-000005