16 Pingree St Salem, MA 01970
The Point NeighborhoodEstimated Value: $578,188 - $860,000
5
Beds
3
Baths
2,914
Sq Ft
$249/Sq Ft
Est. Value
About This Home
As of October 2015DRASTIC REDUCTION !!!!!!!! NOTHING WRONG. SELLER RELOCATING.!!!!! THAT IS ALL. Attention Investors looking to invest your money and make a monthly income or first time home buyer looking to grow your family in a quite side of Salem. Great condition. Long time owner occupied, long term tenants, this property offers the ability to help you pay for the mortgage and live almost rent-free. with $1,600.00 in rent (could be more) rents way below market is the great opportunity to own. Good sizes rooms, beautiful hardwood floors, well maintained. Fenced in Yard. Free parking behind the house on snow emergency. On the street free parking. Not neighbors across the street you only have the Registry of Deeds, it makes the neighborhood even quieter. All windows are newer, very clean. Second floor features an enclosed porch for the summer days and back deck, as well as small yard for kids and pets, Come and make it yours today. Second floor will be delivered vacant for new owner 3 Laundry h/ups
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 2, 2015
Closed on
Oct 13, 2015
Sold by
Betances Cristian M and Moreta Fausto R
Bought by
Leblanc Dorian P
Seller's Agent
Rosa Valera
Valera Realty Services
Buyer's Agent
Sarah MacBurnie Liporto
Ocean's Edge Real Estate
List Price
$434,900
Sold Price
$315,000
Premium/Discount to List
-$119,900
-27.57%
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
$410,547
Avg. Annual Appreciation
9.26%
Original Mortgage
$236,250
Interest Rate
3.88%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 29, 1997
Sold by
Silva Ralph and Sliva Joann
Bought by
Betances Cristian M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,050
Interest Rate
7.7%
Mortgage Type
Purchase Money Mortgage
Similar Homes in Salem, MA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Leblanc Dorian P | $315,000 | -- | |
| Betances Cristian M | $99,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Leblanc Dorian P | $236,250 | |
| Previous Owner | Silva R Anthony | $150,000 | |
| Previous Owner | Silva R Anthony | $94,050 | |
| Previous Owner | Silva R Anthony | $40,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/06/2015 10/06/15 | Sold | $315,000 | -27.6% | $108 / Sq Ft |
| 08/26/2015 08/26/15 | Pending | -- | -- | -- |
| 06/02/2015 06/02/15 | For Sale | $434,900 | -- | $149 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $7,322 | $645,700 | $144,000 | $501,700 |
| 2024 | $6,950 | $598,100 | $144,000 | $454,100 |
| 2023 | $6,647 | $531,300 | $127,000 | $404,300 |
| 2022 | $6,561 | $495,200 | $118,600 | $376,600 |
| 2021 | $6,296 | $456,200 | $110,600 | $345,600 |
| 2020 | $5,640 | $390,300 | $81,600 | $308,700 |
| 2019 | $5,515 | $365,200 | $72,000 | $293,200 |
| 2018 | $5,142 | $334,300 | $72,000 | $262,300 |
| 2017 | $4,760 | $300,100 | $61,400 | $238,700 |
| 2016 | $4,703 | $300,100 | $61,400 | $238,700 |
| 2015 | $3,986 | $242,900 | $52,800 | $190,100 |
Source: Public Records
Agents Affiliated with this Home
-
Rosa Valera
Seller's Agent in 2015
Rosa Valera
Valera Realty Services
(781) 632-3443
1 in this area
38 Total Sales
-
Sarah MacBurnie Liporto
Buyer's Agent in 2015
Sarah MacBurnie Liporto
Ocean's Edge Real Estate
(978) 337-9955
74 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 71848967
APN: SALE-000034-000000-000180
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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