NOT LISTED FOR SALE

Estimated Value: $636,000 - $805,000

4 Beds
2.5 Baths
2,160 Sq Ft
$353/Sq Ft Est. Value

Last Sold August 09, 2024

Last sale price $775,000 $359 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $4,479/month

6 Days on Market

Highlights

  • Marina
  • River View
  • Property is near public transit
  • Medical Services
  • Deck
  • 4-minute walk to Collins Cove Park

About This Home

As of August 2024

This large two-family is located on a dead-end street near the Beverly Salem Bridge yet close enough to lively downtown Salem and the commuter line. This one has great potential for multiple buyers: First-time home buyers, multi-generational home buyers, or investor buyers. First-time home buyers can live in one unit while collecting rent from the other. The multi-generational homebuyer can use the first-floor unit as a one-level space for a family member while having lots of space for the rest of the family in the larger 2nd unit, which features two floors, 3 large bedrooms, and 1.5 baths. Investor buyers can use this as a buy-and-hold, condo conversion, or potential short-term rental property. Buy and use as is, or bring your renovation ideas to update this property. Recent updates include new electric service and panels in 2023 and new heat systems within the last 5 years. Showings Only at Open Houses Sat & Sun 11:30 -1 pm. **All Offers Due For Seller Review by Tuesday by 1 pm.**

Last Agent to Sell the Property

The Quail Group

eXp Realty Listed on: 07/02/2024

eXp Realty

Last Buyer's Agent

Pedro Calcano

William Raveis R.E. & Home Services

William Raveis R.E. & Home Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,839

Year Built

  • Built in 1880

Lot Details

  • 3,385

Parking

  • 1 Car Garage
  • Driveway
  • On-Street Parking
  • Open Parking
  • Off-Street Parking

Home Design

  • Stone Foundation
  • Shingle Roof

Interior Spaces

  • 2,160 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Family Room
  • Living Room
  • Dining Room
  • Storage
  • River Views

Kitchen

  • Range
  • Freezer
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • No Cooling
  • 2 Heating Zones
  • Heating System Uses Natural Gas

Additional Features

  • Deck
  • 3,385 Sq Ft Lot

Listing and Financial Details

  • Rent includes unit 1(none), unit 2(none)
  • Assessor Parcel Number M:36 L:0142,2137269

Community Details

Overview

  • 2 Units

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Marina
  • Park
  • Jogging Path
  • Bike Trail

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,839

Year Built

Built in 1880

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1880
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Tile, Vinyl, Carpet, Hardwood, Stone/Ceramic Tile
  • Interior Amenities: Ceiling Fan(s), Storage, Living Room, Dining Room, Kitchen, Family Room
  • Fireplace YN: No
  • Appliances: Range, Dishwasher, Refrigerator, Freezer, Washer, Dryer
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Basement: Full, Sump Pump
  • Living Area: 2160
  • Spa YN: No
  • Stories Total: 3
  • Window Features: Box/Bay/Bow Window(s)
  • MAIN LO: AC0342
  • MAIN SO: M59500

Exterior Features

  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Deck - Wood
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront Features: Beach Front, Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No
  • Waterview Flag: Yes

Garage/Parking

  • Garage Spaces: 1
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, On Street, Paved
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Gas Oven
  • Cooling: None
  • Heating: Natural Gas
  • Cooling Y N: No
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 2
  • HEAT ZONES: 2
  • COOLING ZONES: 0
  • Hot Water: Natural Gas, Tank

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Marina, Private School, Public School, T-Station, University
  • Rent Includes: Unit 1(None), Unit 2(None)
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:36 L:0142,2137269
  • Zoning: R2
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.08
  • Lot Size Sq Ft: 3385
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 4839

Multi Family

  • Number Of Units Total: 2
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEASE 2: N
  • LEASE 1: N
  • Waterview: River

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 16, 2020
Sold by
Kenney Jeanne M
Bought by
Jeanne M Kenney Irt and Carnevale
Current Estimated Value
$762,125

Purchase Details

Closed on
Dec 17, 2019
Sold by
Kenney Jeanne M and Kenney Richard A
Bought by
Kenney Jeanne M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Jeanne M Kenney Irt -- None Available
Jeanne M Kenney Irt -- None Available
Jeanne M Kenney Irt -- None Available
Kenney Jeanne M -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/09/2024 08/09/24 Sold $775,000 +19.2% $359 / Sq Ft
07/09/2024 07/09/24 Pending -- -- --
07/02/2024 07/02/24 For Sale $650,000 -- $301 / 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 $5,591 $493,000 $164,100 $328,900
2024 $4,839 $416,400 $155,500 $260,900
2023 $4,606 $368,200 $143,900 $224,300
2022 $4,843 $365,500 $135,300 $230,200
2021 $4,743 $343,700 $135,300 $208,400
2020 $4,653 $322,000 $116,900 $205,100
2019 $4,616 $305,700 $111,100 $194,600
2018 $4,300 $279,600 $105,900 $173,700
2017 $3,959 $249,600 $86,400 $163,200
2016 $3,839 $245,000 $81,800 $163,200
2015 $3,707 $225,900 $73,700 $152,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73259714

MLS Property Information Network (MLS PIN)

APN: SALE-000036-000000-000142