NOT LISTED FOR SALE

Estimated Value: $806,000 - $893,673

7 Beds
3 Baths
2,937 Sq Ft
$294/Sq Ft Est. Value

Last Sold November 19, 2021

Last sale price $655,000 $223 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $5,315/month

21 Days on Market

Highlights

  • Golf Course Community
  • Granite Flooring
  • 0.19 Acre Lot
  • Medical Services
  • Waterfront
  • 3-minute walk to Gonyea Park

About This Home

As of November 2021

*Attention Investors, Contractors, DIYers: TWO CONDOS being sold as ONE package* Amazing location just steps from downtown Salem, Collins Cove Beach, Playground, and train station. Both units feature private decks, off-street parking, plus yard space! Already condoized & ready for your updates! Fix & flip or rent. Renovated condos on Bridge St have sold for $500k-$600K+! Convert back to multifamily and save on taxes. Vinyl siding, updated electrical system, newer heating system, and plenty of room for gardening, storage, or parking. If financing, check with your lender for details as this is not your standard multifamily.

Last Agent to Sell the Property

Munson Realty Group

Keller Williams Realty Evolution Listed on: 08/17/2021

Keller Williams Realty Evolution

Last Buyer's Agent

Kelly Hiraldo

BLC Real Estate, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,867

Year Built

  • Built in 1850

Lot Details

  • 8,276 Sq Ft Lot
  • Waterfront
  • Fenced
  • Level Lot

Home Design

  • Duplex
  • Brick Foundation
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,937 Sq Ft Home
  • Property has 1 Level
  • Washer and Electric Dryer Hookup

Flooring

  • Wood
  • Carpet
  • Granite
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Dirt Floor
  • Block Basement Construction

Parking

  • 6 Car Parking Spaces
  • Shared Driveway
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Deck

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Sps Elementary And Middle School
  • Sps High School

Utilities

  • 3 Heating Zones
  • Separate Meters
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 4567577

Community Details

Overview

  • 2 Units

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Golf Course Community
  • Park
  • Jogging Path
  • Bike Trail

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,867

Year Built

Built in 1850

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Year Built: 1850
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Dual Variable: Yes
  • Transaction Broker: 1
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Wood,Tile,Vinyl,Carpet
  • Interior Amenities: Other (See Remarks)
  • Fireplace YN: No
  • Appliances: Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Gas Oven, Utility Connections for Electric Dryer
  • Total Bedrooms: 7
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Laundry Features: Washer Hookup
  • Basement: Full, Sump Pump, Dirt Floor, Concrete
  • Living Area: 2937
  • Stories Total: 3
  • MAIN LO: C95098
  • LIST PRICE PER Sq Ft: 221.31
  • PRICE PER Sq Ft: 223.02
  • MAIN SO: BB9036

Exterior Features

  • Construction Materials: Frame
  • Fencing: Fenced
  • Foundation Details: Stone, Brick/Mortar, Granite
  • Patio And Porch Features: Deck - Wood
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront Features: Beach Front, Ocean, 1/10 to 3/10 To Beach
  • Waterfront YN: Yes

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Shared Driveway, Off Street
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Gas Oven, for Electric Dryer, Washer Hookup
  • Electric: Circuit Breakers, Individually Metered
  • Water Source: Public
  • HEAT UNITS: 3
  • HEAT ZONES: 3

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Highway Access, T-Station, University

Lot Info

  • Parcel Number: 4567577
  • Zoning: R2
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.19
  • Lot Size Area: 0.19
  • Lot Size Sq Ft: 8276.4
  • Lot Size Units: Acres
  • LOT SIZE: 8490
  • PAGE: 0

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 7867.38
  • Tax Book Number: 0

Multi Family

  • Number Of Units Total: 2
  • LEVELS 1: 1
  • LEVELS 2: 2
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 2

MLS Schools

  • High School: Sps
  • Elementary School: Sps
  • Middle Or Junior School: Sps

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Occhipinti Orazio $252,000
Closed Occhipinti Orazio $50,000
Closed Occhipinti Orazio $105,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/19/2021 11/19/21 Sold $655,000 +0.8% $223 / Sq Ft
09/08/2021 09/08/21 Pending -- -- --
08/17/2021 08/17/21 For Sale $650,000 -- $221 / 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 $7,981 $703,800 $166,300 $537,500
2024 $7,713 $663,800 $166,300 $497,500
2023 $7,457 $596,100 $146,800 $449,300
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72880812

MLS Property Information Network (MLS PIN)

APN: SALE M:35 L:0036