NOT LISTED FOR SALE

Estimated Value: $535,000 - $760,000

5 Beds
3 Baths
2,876 Sq Ft
$219/Sq Ft Est. Value

Last Sold October 21, 2016

Last sale price $357,500 $124 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $4,277/month

86 Days on Market

Highlights

  • Guest House
  • 1 Car Garage
  • Parking Storage or Cabinetry
  • Wood Flooring
  • Enclosed patio or porch
  • Zoned Heating and Cooling

About This Home

As of October 2016

2 SEPARATE RESIDENCES...ON ONE PROPERTY...2-STORY MAIN HOUSE PLUS A 4-ROOM RANCH-STYLE SECONDARY HOME. EACH HAS ITS OWN ELECTRICAL AND HEATING SYSTEMS.PRESENT RENTAL INCOME IS $1,000 A MONTH. PRESENT TENANT AT WILL.BRAND NEW KITCHEN AND BATH IN PRIMARY HOME, WITH NEW ELECTRICAL AND PLUMBING. HARDWOOD FLOORS. WOOD BURNING FIREPLACE, 3 BEDROOMS, 2 BATHS. VERSATILE FLOOR PLAN.SUBSEQUENT HOUSE HAS 2 BEDROOMS, FULL KITCHEN AND BATH. HEATED GARAGE WITH STORAGE. BEAUTIFUL FLOWING LAWN WITH MATURE LANDSCAPE. PARKING FOR 6 OR MORE VEHICLES. WALKING DISTANCE TO SCHOOLS AND SHOPPING. OTHER UPGRADES AND IMPROVEMENTS INCLUDING NEW FURNACE. FABULOUS INVESTMENT OPPORTUNITY, WHETHER FOR PERSONAL USE...OR ADDITIONAL CASH FLOW!!!!

Last Agent to Sell the Property

Vici Kramar

Berges Real Estate/Construction Company License #034752 Listed on: 07/10/2016

Last Buyer's Agent

Jessica Marshall

EXP Realty License #070659

EXP Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,600

Year Built

  • Built in 1945

Lot Details

  • 0.41 Acre Lot
  • Landscaped
  • Level Lot
  • Garden

Parking

  • 1 Car Garage
  • Parking Storage or Cabinetry
  • Heated Garage

Home Design

  • Concrete Foundation
  • Wood Frame Construction
  • Architectural Shingle Roof
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 2-Story Property

Flooring

  • Wood
  • Tile

Basement

  • Basement Fills Entire Space Under The House
  • Walk-Up Access
  • Connecting Stairway
  • Basement Storage

Outdoor Features

  • Enclosed patio or porch
  • Outbuilding

Additional Homes

  • Guest House

Schools

  • Woodbury Middle School
  • Salem High School

Utilities

  • Zoned Heating and Cooling
  • Floor Furnace
  • Hot Water Heating System
  • Heating System Uses Oil
  • 200+ Amp Service
  • Septic Tank
  • Private Sewer

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: TOOLS, EQUIPMENT, AND ALIKE IN GARAGE AND BASEMENT.
  • 21% Total Tax Rate

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,600

Year Built

Built in 1945

Lot Details

0

Parking

1

Listing Details

  • Status Detail: Closed
  • Directions: ROUTE 97 - MAIN STREET (EAST). TAKE LEFT ONTO HIGHLAND AVENUE. #16 ON RIGHT.
  • Flood Zone: Unknown
  • Assessment Amount: 346100
  • Assessment Year: 2016
  • Construction: Existing
  • Items Excluded: TOOLS, EQUIPMENT, AND ALIKE IN GARAGE AND BASEMENT.
  • Total Stories: 2
  • Price Per Sq Ft: 124.3
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 3736
  • Sq Ft - Apx Total Finished: 2876
  • Year Built: 1945
  • Remarks Public: 2 SEPARATE RESIDENCES... 2-STORY MAIN HOME PLUS A 4-ROOM RANCH-STYLE SECONDARY HOUSE. EACH HAS ITS OWN HEATING AND ELECTRICAL SYSTEMS.PRESENT RENTAL INCOME IS $1,000 A MONTH. PRESENT TENANT AT WILL.BRAND NEW KITCHEN AND BATH IN PRIMARY HOME, WITH NEW ELECTRICAL AND PLUMBING. HARDWOOD FLOORS, WOOD BURNING FIREPLACE, 3 BEDROOMS, 2 BATHS, VERSATILE FLOOR PLAN.SUBSEQUENT HOUSE HAS 2 BEDROOMS, FULL KITCHEN AND BATH.HEATED GARAGE WITH STORAGE. BEAUTIFUL FLOWING LAWN WITH MATURE LANDSCAPE. PARKING FOR 6 OR MORE VEHICLES. WALKING DISTANCE TO SCHOOLS AND SHOPPING. OTHER UPGRADES AND IMPROVEMENTS. FABULOUS INVESTMENT OPPORTUNITY, WHETHER FOR PERSONAL USE ....OR ADDITIONAL CASH FLOW!!!!!!!!
  • List Agent: 7390
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Hardwood, Tile
  • Basement: Yes
  • Basement Access Type: Walk-up
  • Basement Description: Full, Slab, Stairs - Interior, Storage Space
  • Sq Ft - Apx Finished AG: 2876
  • Sq Ft - Apx Unfinished BG: 860

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Shingle, Wood
  • Foundation: Concrete
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Shingle - Architectural
  • Features Exterior: Garden Space, Guest House, Outbuilding, Porch - Enclosed

Garage/Parking

  • Garage Capacity: 1
  • Parking: Garage, Parking Spaces 6+, Paved
  • Garage: Yes
  • Garage Description: Direct Entry, Heated, Storage Above
  • Garage Type: Detached

Utilities

  • Electric: 200 Amp, Circuit Breaker(s)
  • Sewer: Private, Septic
  • Water: Public
  • Water Heater: Off Boiler
  • Heating Fuel: Oil
  • Heating: Floor Furnace, Hot Water, Multi Zone
  • Cooling: Multi Zone
  • Electric Company: LIBERTY
  • Total Electric Meters: 2
  • Total Heat Units: 2
  • Total Ranges: 2
  • Total Refrigerators: 2

Schools

  • School District: Salem
  • Middle School: Woodbury School
  • High School: Salem High School
  • High School: Salem High School

Lot Info

  • Lot Sq Ft: 17860
  • Lot Acres: 0.41
  • Lot Description: Landscaped, Level
  • Surveyed: Unknown
  • Zoning: RESIDENTIAL
  • Deed Book: 3716
  • Deed Page: 0018
  • Deed Recorded Type: Quit Claim

Tax Info

  • Tax Rate: 21.39
  • Tax Gross Amount: 6600
  • Tax Year: 2015

Multi Family

  • Total Units: 2
  • Total2 Bedroom Units: 1
  • Total3 Plus Bedroom Units: 1

MLS Schools

  • School District: Salem
  • School Middle Jr: Woodbury School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2016
Closed on
Oct 24, 2016
Sold by
Barbara A Cummings Lt
Bought by
Stoughton Frank L and Stoughton Beverly J
Seller's Agent
Vici Kramar
Berges Real Estate/Construction Company
Buyer's Agent
Jessica Marshall
EXP Realty
List Price
$369,900
Sold Price
$357,500
Premium/Discount to List
-$12,400
-3.35%
Total Days on Market
86
Current Estimated Value
$629,401

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$271,901
Avg. Annual Appreciation
6.92%
Original Mortgage
$351,024
Interest Rate
3.25%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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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
Stoughton Frank L $357,533 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stoughton Frank L $25,000
Open Stoughton Frank L $334,039
Closed Stoughton Frank L $351,024
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2016 10/21/16 Sold $357,500 -3.4% $124 / Sq Ft
10/04/2016 10/04/16 Pending -- -- --
07/10/2016 07/10/16 For Sale $369,900 -- $129 / Sq Ft
Source: PrimeMLS

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
2024 $8,932 $507,500 $155,900 $351,600
2023 $8,607 $507,500 $155,900 $351,600
2022 $8,145 $507,500 $155,900 $351,600
2021 $8,110 $507,500 $155,900 $351,600
2020 $7,535 $342,200 $111,400 $230,800
2019 $7,522 $342,200 $111,400 $230,800
2018 $7,395 $342,200 $111,400 $230,800
2017 $7,131 $342,200 $111,400 $230,800
2016 $6,991 $342,200 $111,400 $230,800
2015 $6,588 $308,000 $113,100 $194,900
2014 $6,403 $308,000 $113,100 $194,900
2013 $6,302 $308,000 $113,100 $194,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4503171

PrimeMLS

APN: SLEM-000083-001506