NOT LISTED FOR SALE

Estimated Value: $849,000 - $963,000

6 Beds
3 Baths
2,371 Sq Ft
$374/Sq Ft Est. Value

Last Sold June 28, 2021

Last sale price $701,000 $296 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $5,459/month

7 Days on Market

Highlights

  • Deck
  • Porch
  • 2-minute walk to Patten Park
  • Wood Flooring

About This Home

As of June 2021

Here's the owner occupant two family you've been waiting for! Handsome Colonial in convenient North Salem Location. Short distance to major routes, train station, local parks and historic downtown Salem. Unit 1 offers 2 bedrooms plus office (currently used as 3rd bedroom), living room and spacious eat-in kitchen. Unit 2 is a townhouse style unit, boasting a large updated kitchen/dining room with granite counters & stainless appliances, open concept living room, 2 full bathrooms, 4 bedrooms, in-unit laundry and private roof deck. All separate utilities, coin-op laundry and some tenant storage space is located in the dry basement. Unit 1 will be delivered vacant. Unit 2 lease ends August 31, 2021. Offers due Tuesday 4/11 at 12:00 noon. Please email one pdf to listing agent including preapp/POF

Last Agent to Sell the Property

AJ Migonis

Vadala Real Estate Listed on: 05/05/2021

Last Buyer's Agent

John Farrell

Coldwell Banker Realty - Beverly

Coldwell Banker Realty - Beverly

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,837

Year Built

  • Built in 1855

Lot Details

  • 3,049

Flooring

  • Wood
  • Laminate
  • Tile

Outdoor Features

  • Deck
  • Porch

Schools

  • Salem High School

Additional Features

  • Year Round Access
  • Natural Gas Water Heater
  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:27 L:0218

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,837

Year Built

Built in 1855

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Insc: 2194
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 276.21
  • Comp Based On: Net Sale Price
  • Year Built: 1855
  • Lead Paint: Unknown
  • Year Round: Yes
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1855

Interior Features

  • Flooring: Wood, Tile, Laminate
  • Total Flrs: 3
  • No Bedrooms: 6
  • Total Brs: 6
  • Full Bathrooms: 3
  • Total Fbh: 3
  • No Rooms: 11
  • Rms Common: Laundry
  • Basement: Y
  • Basement Features: Full, Bulkhead, Exterior Access
  • Main Lo: C95600
  • Main So: AN6181
  • Estimated Sq Ft: 2371.00

Exterior Features

  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior Features: Porch, Deck - Roof
  • Foundation: Brick, Granite

Garage/Parking

  • Parking Feature: Off-Street, Paved Driveway
  • Parking Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric: 425
  • Electric Features: 100 Amps, Individually Metered
  • Heat Zones: 2
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Tennis Court, Park, Walk/Jog Trails, Golf Course, Medical Facility, Highway Access, House of Worship, Private School, Public School, T-Station, University
  • App Common: Washer, Dryer

Schools

  • Elementary School: Bates Elementar
  • Middle School: Collins Middle
  • High School: Salem High

Lot Info

  • Assessments: 453100.00
  • Acre: 0.07
  • Lot Size: 2993.00
  • Page: 1
  • Parcel Number: M:27 L:0218
  • Zoning: R2
  • Lot Description: Paved Drive

Multi Family

  • APOD Available: Yes
  • Heat Units: 2
  • Total Levels: 3
  • Total Rent: 4500
  • Total Rms: 11
  • No Units: 2
  • Mf Type: 2 Family - 2 Units Up/Down

Tax Info

  • Taxes: 6253.00
  • Assessor Parcel Number: 2133195
  • Tax Year: 2021

MLS Schools

  • Grade School: Bates Elementar
  • High School: Salem High
  • Middle School: Collins Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2021
Closed on
Jun 28, 2021
Sold by
Guidi Ft
Bought by
Garvin Barry and Garvin Kristen
Seller's Agent
AJ Migonis
Vadala Real Estate
Buyer's Agent
John Farrell
Coldwell Banker Realty - Beverly
List Price
$654,900
Sold Price
$701,000
Premium/Discount to List
$46,100
7.04%
Current Estimated Value
$887,287

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,287
Avg. Annual Appreciation
5.67%
Original Mortgage
$441,000
Outstanding Balance
$400,139
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$487,148

Purchase Details

Closed on
Sep 16, 2020
Sold by
Breitbarth-Guidi Jenna M and Guidi Joseph P
Bought by
Guidi Ft

Purchase Details

Listed on
Oct 14, 2016
Closed on
Dec 1, 2016
Sold by
Kapnis Paul J
Bought by
Guidi 3Rd Joseph P and Breitbarth-Guidi Jenna M
Seller's Agent
Michael Nash
Coldwell Banker Realty - Manchester
Buyer's Agent
AJ Migonis
Vadala Real Estate
List Price
$363,500
Sold Price
$363,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.61%
Original Mortgage
$345,325
Interest Rate
2.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 3, 1986
Bought by
Kapnis Paul
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Garvin Barry $701,000 None Available
Guidi Ft -- None Available
Guidi 3Rd Joseph P $363,500 --
Kapnis Paul $165,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garvin Barry $441,000
Previous Owner Guidi 3Rd Joseph P $345,325
Previous Owner Kapnis Paul $177,000
Previous Owner Kapnis Paul $210,000
Previous Owner Kapnis Paul $138,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/28/2021 06/28/21 Sold $701,000 +7.0% $296 / Sq Ft
05/12/2021 05/12/21 Pending -- -- --
05/05/2021 05/05/21 For Sale $654,900 +80.2% $276 / Sq Ft
12/01/2016 12/01/16 Sold $363,500 0.0% $153 / Sq Ft View Prior Sale
10/22/2016 10/22/16 Pending -- -- --
10/14/2016 10/14/16 For Sale $363,500 -- $153 / 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 $8,837 $779,300 $145,300 $634,000
2024 $8,536 $734,600 $145,300 $589,300
2023 $8,264 $660,600 $128,200 $532,400
2022 $8,158 $615,700 $119,700 $496,000
2021 $6,253 $453,100 $111,700 $341,400
2020 $6,277 $434,400 $115,700 $318,700
2019 $6,146 $407,000 $105,400 $301,600
2018 $5,521 $359,000 $91,200 $267,800
2017 $5,132 $323,600 $72,900 $250,700
2016 $5,071 $323,600 $72,900 $250,700
2015 $4,852 $295,700 $62,700 $233,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72826451

MLS Property Information Network (MLS PIN)

APN: SALE-000027-000000-000218