Seller's Agent in 2023
Mike Cotraro
Aluxety
(978) 337-6355
1 in this area
81 Total Sales
16 Lemon St Salem, MA 01970
Bridge Street NeighborhoodEstimated Value: $670,339 - $697,000
4
Beds
2
Baths
1,744
Sq Ft
$392/Sq Ft
Est. Value
Highlights
- Marina
- Property is near public transit and schools
- 2 Fireplaces
- Medical Services
- Wood Flooring
- 1-minute walk to Gonyea Park
About This Home
As of April 2023Great opportunity to own this 2 family home situated on a level 5,000 + square foot lot with one car garage conveniently located only 0.2 miles to Salem Common, 0.3 miles to the Commuter Rail, and under 1.5 miles to Salem Harbor! This home features updated vinyl siding, updated asphalt shingle roof, updated vinyl windows, updated electrical service and panels as well as added insulation in the attic and other areas. The interior of the home features two units both with identical floor plans on the 1st and second floor. Each unit has HW flooring, a decorative fireplace in the kitchen, a full bath, 2 bedrooms, a living room and a dining room plus an enclosed 3 season porch. The 2nd floor unit also features 3 additional rooms on the 3rd floor. This could make a great home office or possible additional bedrooms.
Last Buyer's Agent
Katharine Heffernan
Today Real Estate, Inc.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,113
Year Built
- Built in 1870
Lot Details
- 5,201 Sq Ft Lot
- Level Lot
Parking
- 1 Car Garage
- Driveway
- On-Street Parking
- Open Parking
- Off-Street Parking
Home Design
- Stone Foundation
- Frame Construction
- Shingle Roof
- Marble or Granite Building Materials
Interior Spaces
- 1,744 Sq Ft Home
- Property has 1 Level
- 2 Fireplaces
- Wood Burning Fireplace
- Unfinished Basement
- Basement Fills Entire Space Under The House
- Washer and Dryer Hookup
Flooring
- Wood
- Pine Flooring
- Tile
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Outdoor Features
- Enclosed Patio or Porch
- Rain Gutters
Location
- Property is near public transit and schools
Utilities
- Cooling Available
- Heating Available
- Separate Meters
- Tankless Water Heater
Listing and Financial Details
- Rent includes unit 1(water), unit 2(water)
- Assessor Parcel Number M:36 L:0053,2137179
Community Details
Overview
- 2 Units
Amenities
- Medical Services
- Shops
Recreation
- Marina
- Park
- Jogging Path
- Bike Trail
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 13, 2023
Closed on
Apr 14, 2023
Sold by
Bought by
Seller's Agent
Mike Cotraro
Aluxety
Buyer's Agent
Katharine Heffernan
Today Real Estate, Inc.
List Price
$568,500
Sold Price
$575,000
Premium/Discount to List
$6,500
1.14%
Views
206
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,835
Avg. Annual Appreciation
5.41%
Original Mortgage
$460,000
Outstanding Balance
$441,712
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$242,123
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $575,000 | None Available |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $460,000 | ||
| Previous Owner | $31,225 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/14/2023 04/14/23 | Sold | $575,000 | +1.1% | $330 / Sq Ft |
| 02/22/2023 02/22/23 | Pending | -- | -- | -- |
| 02/13/2023 02/13/23 | For Sale | $568,500 | -- | $326 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $6,299 | $555,500 | $171,900 | $383,600 |
| 2024 | $5,889 | $506,800 | $162,800 | $344,000 |
| 2023 | $5,113 | $408,700 | $150,800 | $257,900 |
| 2022 | $5,279 | $398,400 | $141,700 | $256,700 |
| 2021 | $5,147 | $373,000 | $141,700 | $231,300 |
| 2020 | $4,978 | $344,500 | $122,400 | $222,100 |
| 2019 | $5,132 | $339,900 | $116,400 | $223,500 |
| 2018 | $4,752 | $309,000 | $111,000 | $198,000 |
| 2017 | $4,431 | $279,400 | $90,500 | $188,900 |
| 2016 | $4,583 | $292,500 | $85,600 | $206,900 |
| 2015 | $4,424 | $269,600 | $77,200 | $192,400 |
Source: Public Records
Agents Affiliated with this Home
-
Mike Cotraro
-
K
Buyer's Agent in 2023
Katharine Heffernan
Today Real Estate, Inc.
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73078595
APN: SALE-000036-000000-000053
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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