NOT LISTED FOR SALE

165 Bridge Rd Salisbury, MA 01952

Estimated Value: $598,329

3 Beds
2.5 Baths
1,725 Sq Ft
$347/Sq Ft Est. Value

Last Sold June 29, 2023

Last sale price $530,000 $307 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $3,489/month

304 Days on Market

Highlights

  • Medical Services
  • Deck
  • Wood Flooring
  • Waterfront
  • Property is near public transit and schools
  • Jogging Path

About This Home

As of June 2023

This property offers the unique advantage of being able to live and work in the same space. Whether you are looking for a place to run your business out of or an investment property, this is the perfect opportunity in a prime location. This lot includes a 802 sq ft commercial retail space and a 1725 sq ft 3 bedroom 2 full bath residential space. The main residence, currently owner occupied, features 3 bedrooms, 2 full baths, with 2 bedrooms and a full bath on the first floor, open floor plan for the kitchen dining and living room. Master bedroom is on the second floor with a full bath, office and second floor laundry room. The commercial space next door is currently, leased, hair salon with an open floor plan, half bath, color room and utility area with washer/dryer hookup. Plenty of parking and located just over the Gillis Bridge on the Salisbury side just steps away from the Clipper City Rail trail, Waterfront and downtown Newburyport. Location, Location, Location!

Last Agent to Sell the Property

Amanda Valli

RE/MAX Bentley's Listed on: 06/30/2022

RE/MAX Bentley's

Co-Listed By

John Butler

RE/MAX Bentley's

Last Buyer's Agent

Lela Wright

RE/MAX Bentley's

RE/MAX Bentley's

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,540

Year Built

  • Built in 1970

Lot Details

  • 10,193 Sq Ft Lot
  • Waterfront

Home Design

  • Duplex
  • Block Foundation
  • Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation
  • Stone

Interior Spaces

  • 1,725 Sq Ft Home
  • Property has 1 Level

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 10 Car Parking Spaces
  • Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Patio

Location

  • Property is near public transit and schools

Schools

  • Salisbury Elementary School
  • Triton Middle School
  • Triton High School

Utilities

  • Cooling Available
  • 2 Heating Zones
  • Heating Available
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $2,600
  • Assessor Parcel Number M:14 P: 17,2145404

Community Details

Amenities

  • Medical Services
  • Shops

Recreation

  • Jogging Path

Additional Features

  • 2 Units
  • Net Operating Income $31,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,540

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Side by Side
  • Year Built: 1970
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Wood,Laminate, Unit 1(undefined), Unit 2(Hardwood Floors)
  • Interior Amenities: Unit 1(Open Floor Plan), Unit 2(Bathroom With Tub,Open Floor Plan), Unit 1 Rooms(Other (See Remarks)), Unit 2 Rooms(Living Room,Kitchen,Family Room,Living RM/Dining RM Combo,Mudroom,Office/Den)
  • Fireplace YN: No
  • Appliances: Unit 1(Washer,Dryer,Refrigerator - Wine Storage), Unit 2(Range,Dishwasher,Microwave,Refrigerator,Washer,Dryer), Gas Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Dryer
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Laundry Features: Washer Hookup, Unit 2 Laundry Room
  • Living Area: 1725
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: AN2888
  • MAIN SO: AN2888

Exterior Features

  • Construction Materials: Frame, Stone
  • Foundation Details: Concrete Perimeter, Block
  • Home Warranty YN: No
  • Patio And Porch Features: Deck, Patio
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront Features: Beach Front, Harbor, Ocean, 0 to 1/10 Mile To Beach
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 10

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Dryer, Washer Hookup
  • Cooling: Unit 1(Wall AC), Unit 2(Window AC)
  • Heating: Unit 1(Gas,Floor Furnace), Unit 2(Gas)
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 2
  • HEAT ZONES: 2

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Walk/Jog Trails, Medical Facility, Highway Access, Public School, T-Station
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:14 P: 17,2145404
  • Zoning: C
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.23
  • Lot Size Sq Ft: 10193
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4539.55

Multi Family

  • Net Operating Income: 31200
  • Number Of Units Total: 2
  • Total Actual Rent: 2600
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEASE 2: Y
  • LEASE 1: Y

MLS Schools

  • High School: Triton Hs
  • Elementary School: Salisbury
  • Middle Or Junior School: Triton Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2022
Closed on
Jun 28, 2023
Sold by
Lynch Laurie L and Lynch Richard D
Bought by
165 Bridge Road Llc
Seller's Agent
Amanda Valli
RE/MAX Bentley's
Buyer's Agent
Lela Wright
RE/MAX Bentley's
List Price
$589,000
Sold Price
$530,000
Premium/Discount to List
-$59,000
-10.02%
Views
108
Current Estimated Value
$598,329

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,329
Avg. Annual Appreciation
4.87%
Original Mortgage
$280,000
Outstanding Balance
$272,810
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$325,519

Purchase Details

Closed on
Jun 30, 1997
Sold by
Bridge 389 Rt and Chase
Bought by
Lynch Richard D and Lynch Laurie Lee
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
165 Bridge Road Llc $530,000 None Available
Lynch Richard D $93,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 165 Bridge Road Llc $280,000
Previous Owner Lynch Richard D $10,000
Previous Owner Lynch Richard D $197,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/29/2023 06/29/23 Sold $530,000 0.0% $307 / Sq Ft
05/01/2023 05/01/23 Pending -- -- --
02/06/2023 02/06/23 Off Market $530,000 -- --
01/13/2023 01/13/23 Pending -- -- --
11/07/2022 11/07/22 For Sale $589,000 0.0% $341 / Sq Ft
10/28/2022 10/28/22 Pending -- -- --
09/08/2022 09/08/22 Price Changed $589,000 -1.7% $341 / Sq Ft
07/20/2022 07/20/22 Price Changed $599,000 +0.1% $347 / Sq Ft
07/20/2022 07/20/22 Price Changed $598,500 +99816.5% $347 / Sq Ft
07/20/2022 07/20/22 Price Changed $599 -99.9% $0 / Sq Ft
06/30/2022 06/30/22 For Sale $625,000 -- $362 / 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 $4,337 $430,300 $212,500 $217,800
2024 $4,212 $403,100 $212,500 $190,600
2023 $4,353 $403,100 $212,500 $190,600
2022 $4,540 $407,500 $212,500 $195,000
2021 $4,516 $401,100 $212,500 $188,600
2020 $4,638 $404,700 $212,500 $192,200
2019 $4,139 $349,000 $171,000 $178,000
2018 $3,863 $327,900 $149,900 $178,000
2017 $3,674 $308,200 $168,300 $139,900
2016 $3,613 $309,600 $168,300 $141,300
2015 $3,572 $304,000 $162,100 $141,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73005621

MLS Property Information Network (MLS PIN)

APN: SALI-000014-000000-000017