NOT LISTED FOR SALE

Estimated Value: $851,000 - $951,000

4 Beds
2 Baths
2,959 Sq Ft
$303/Sq Ft Est. Value

Last Sold September 17, 2018

Last sale price $482,000 $163 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $5,610/month

29 Days on Market

About This Home

As of September 2018

Beautiful 2 family, perfectly located near Salem State University. Both units include two spacious bedrooms and one full bath. Unit 2 has expansion potential into the walk-up attic. The first floor unit has been updated, along with other improvements throughout the entire property. Both units are currently vacant, making it a perfect situation for any buyer.

Last Agent to Sell the Property

Herrick Lutts Realty Partners

Herrick Lutts Realty Partners Listed on: 06/20/2018

Co-Listed By

Nick Zolotas

Herrick Lutts Realty Partners

Last Buyer's Agent

Armando Vranari

ALB Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,373

Year Built

  • Built in 1895

Lot Details

  • 2,614

Flooring

  • Wood
  • Vinyl

Utilities

  • Water Holding Tank
  • Natural Gas Water Heater

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:32 L:0247

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,373

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 1.00
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 165.56
  • Comp Based On: Gross/Full Sale Price
  • Year Built: 1895
  • Lead Paint: Unknown
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1895

Interior Features

  • Flooring: Wood, Vinyl
  • Total Flrs: 3
  • No Bedrooms: 4
  • Total Brs: 4
  • Full Bathrooms: 2
  • Total Fbh: 2
  • No Rooms: 10
  • Rms Common: Laundry
  • Basement: Y
  • Basement Features: Full, Interior Access
  • Main Lo: C95098
  • Main So: AN4125
  • Estimated Sq Ft: 2959.00

Exterior Features

  • Beachfront Flag: Yes
  • Beach Miles To: 1/10 to 3/10
  • Construction: Frame
  • Roof Material: Slate
  • Exterior: Wood
  • Foundation: Fieldstone, Brick

Garage/Parking

  • Parking Feature: Off-Street, Tandem
  • Parking Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers, Individually Metered, Knob & Tube Wiring
  • Hot Water: Natural Gas, Tank
  • Utility Connections: for Gas Range

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf Course, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University

Lot Info

  • Assessments: 365500.00
  • Acre: 0.06
  • Lot Size: 2816.00
  • Page: 472
  • Parcel Number: M:32 L:0247
  • Zoning: R1
  • Lot Description: Paved Drive

Green Features

  • Energy Features: Insulated Windows, Prog. Thermostat

Multi Family

  • Total Levels: 3
  • Total Rms: 10
  • No Units: 2
  • Mf Type: 2 Family

Tax Info

  • Taxes: 5621.00
  • Assessor Parcel Number: 2134345

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 15, 2019
Sold by
Myrteza Arber
Bought by
Myrteza Arber
Current Estimated Value
$897,098

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$421,600
Interest Rate
3.8%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jun 20, 2018
Closed on
Sep 17, 2018
Sold by
Long Game Llc
Bought by
Myrteza Arber
Seller's Agent
Herrick Lutts Realty Partners
Herrick Lutts Realty Partners
Buyer's Agent
Armando Vranari
ALB Realty
List Price
$499,900
Sold Price
$482,000
Premium/Discount to List
-$17,900
-3.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.17%
Original Mortgage
$442,700
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 18, 2018
Closed on
May 31, 2018
Sold by
Osterberg Richard and Osterberg Shayne
Bought by
Long Game Llc
Seller's Agent
Sarah MacBurnie Liporto
Keller Williams Realty Evolution
Buyer's Agent
Herrick Lutts Realty Partners
Herrick Lutts Realty Partners
List Price
$399,900
Sold Price
$405,000
Premium/Discount to List
$5,100
1.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
78.64%
Original Mortgage
$430,000
Interest Rate
4.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 29, 2010
Sold by
Osterberg Shayne
Bought by
Osterberg Shayne and Osterberg Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
4.39%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 25, 2003
Sold by
Garvey Mary L
Bought by
Osterberg Shayne
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Myrteza Arber -- --
Myrteza Arber $492,000 --
Long Game Llc $405,000 --
Osterberg Shayne -- --
Osterberg Shayne -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Myrteza Arber $429,000
Closed Myrteza Arber $421,600
Previous Owner Myrteza Arber $442,700
Previous Owner Long Game Llc $430,000
Previous Owner Osterberg Shayne $95,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2018 09/17/18 Sold $482,000 -1.6% $163 / Sq Ft
07/19/2018 07/19/18 Pending -- -- --
07/10/2018 07/10/18 Price Changed $489,900 -2.0% $166 / Sq Ft
06/20/2018 06/20/18 For Sale $499,900 +23.4% $169 / Sq Ft
05/31/2018 05/31/18 Sold $405,000 +1.3% $137 / Sq Ft
04/19/2018 04/19/18 Pending -- -- --
04/18/2018 04/18/18 For Sale $399,900 -- $135 / 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 $8,373 $738,400 $194,000 $544,400
2024 $7,802 $671,400 $184,400 $487,000
2023 $7,591 $606,800 $170,200 $436,600
2022 $7,849 $592,400 $164,500 $427,900
2021 $6,271 $454,400 $153,200 $301,200
2020 $6,151 $425,700 $144,600 $281,100
2019 $6,085 $403,000 $137,300 $265,700
2018 $5,621 $365,500 $130,500 $235,000
2017 $5,227 $329,600 $110,000 $219,600
2016 $5,085 $324,500 $104,900 $219,600
2015 $4,928 $300,300 $96,400 $203,900
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72349323

MLS Property Information Network (MLS PIN)

APN: SALE-000032-000000-000247