Seller's Agent in 2023
Jenna Lovely
The Lovely Advisory LLC
(978) 729-6311
16 in this area
35 Total Sales
16 Savoy Rd Salem, MA 01970
South Salem NeighborhoodEstimated Value: $865,000 - $945,120
3
Beds
2.5
Baths
1,860
Sq Ft
$486/Sq Ft
Est. Value
Highlights
- Waterfront
- Colonial Architecture
- Wood Flooring
- Custom Closet System
- Deck
- Bonus Room
About This Home
As of June 2023Welcome to this charming Colonial nestled in the serene and highly sought-after Osgood Park Neighborhood, just steps from the water, with access to a private beach, park, and dock. This inviting home features a spacious layout, thoughtful updates and recently refinished hardwood floors throughout, abundant natural light, a well-appointed kitchen with modern appliances and ample built-in cabinetry, a sunroom which provides a serene retreat flooded with sunlight, perfect for relaxation or enjoying your morning coffee. Three generously sized bedrooms on the second level, along with a private deck with water views, en-suite main bathroom, with laundry and a steam shower, with an additional full bath with a tub. Custom, walk-in closet adds plenty of storage. Versatile finished space on the third floor can be used as a home office, playroom, or additional storage. Outside, the property showcases a large yard, perfect for outdoor activities, gardening, or creating your own private oasis.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,571
Year Built
- Built in 1920
Lot Details
- 5,362 Sq Ft Lot
- Waterfront
- Gentle Sloping Lot
- Garden
- Property is zoned R1
Parking
- 1 Car Detached Garage
- Open Parking
- Off-Street Parking
Home Design
- Colonial Architecture
- Stone Foundation
- Frame Construction
- Shingle Roof
- Concrete Perimeter Foundation
Interior Spaces
- 1,860 Sq Ft Home
- Recessed Lighting
- Insulated Windows
- Bonus Room
- Sun or Florida Room
- Unfinished Basement
Kitchen
- ENERGY STAR Qualified Refrigerator
- ENERGY STAR Qualified Dishwasher
- ENERGY STAR Range
Flooring
- Wood
- Laminate
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary bedroom located on second floor
- Custom Closet System
- Walk-In Closet
- Bathtub Includes Tile Surround
- Shower Only
Laundry
- ENERGY STAR Qualified Dryer
- ENERGY STAR Qualified Washer
Eco-Friendly Details
- Energy-Efficient Thermostat
Outdoor Features
- Balcony
- Deck
- Porch
Utilities
- Window Unit Cooling System
- Heating System Uses Natural Gas
- Baseboard Heating
- Hot Water Heating System
- Gas Water Heater
Community Details
- Property has a Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 2134505
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 21, 2022
Sold by
Betz Charles H
Bought by
Charles H Betz 3Rd T and Betz
Current Estimated Value
Purchase Details
Closed on
Jun 20, 2002
Sold by
16 Savoy Road Nt and Newman
Bought by
Betz Charles H
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
6.81%
Mortgage Type
Purchase Money Mortgage
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Charles H Betz 3Rd T | -- | None Available | |
| Betz Charles H | $423,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Carr Alex | $668,000 | |
| Previous Owner | Betz Charles H | $195,100 | |
| Previous Owner | Betz Charles H | $225,000 | |
| Previous Owner | Betz Charles H | $225,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/30/2023 06/30/23 | Sold | $835,000 | +6.4% | $449 / Sq Ft |
| 06/06/2023 06/06/23 | Pending | -- | -- | -- |
| 05/31/2023 05/31/23 | For Sale | $785,000 | -- | $422 / 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 | $9,013 | $794,800 | $254,300 | $540,500 |
| 2024 | $7,956 | $684,700 | $236,100 | $448,600 |
| 2023 | $7,571 | $605,200 | $217,900 | $387,300 |
| 2022 | $7,136 | $538,600 | $205,800 | $332,800 |
| 2021 | $7,354 | $532,900 | $205,800 | $327,100 |
| 2020 | $7,242 | $501,200 | $205,800 | $295,400 |
| 2019 | $7,168 | $474,700 | $199,800 | $274,900 |
| 2018 | $6,959 | $452,500 | $190,700 | $261,800 |
| 2017 | $7,047 | $444,300 | $172,500 | $271,800 |
| 2016 | $6,962 | $444,300 | $172,500 | $271,800 |
| 2015 | $6,672 | $406,600 | $160,400 | $246,200 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2023
Michael Selbst
Gibson Sotheby's International Realty
(617) 504-9159
3 in this area
67 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73118332
APN: SALE-000032-000000-000409
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