Tyson Lynch
Responds Quickly
The Proper Nest Real Estate
(351) 666-4531
50 Total Sales
6 in Salem Common
$459K - $1.4M Price Range
17 Winter St Salem, MA 01970
Salem Common Neighborhood
16
Beds
15
Baths
7,420
Sq Ft
8,433
Sq Ft Lot
Highlights
- City View
- Wood Flooring
- Corner Lot
- 0.19 Acre Lot
- 2 Fireplaces
- 3-minute walk to Salem Common
About This Home
As of April 2024Sited just one block from historic Salem Common and a short distance to downtown and commuter rail is this circa 1820 Brick Federal 12 unit apartment building with adjacent 3 unit carriage house. Newer roof and heating systems as well as repointed brick exterior. Fantastic rental history and huge potential to upgrade cashflow as all tenants are TAW.
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $29,800
Year Built
- Built in 1820
Lot Details
- 8,433 Sq Ft Lot
- Fenced
- Corner Lot
Home Design
- Brick Exterior Construction
- Shingle Roof
- Concrete Perimeter Foundation
- Marble or Granite Building Materials
Interior Spaces
- 7,420 Sq Ft Home
- 2 Fireplaces
- Window Screens
- City Views
- Basement Fills Entire Space Under The House
Flooring
- Wood
- Tile
- Vinyl
Bedrooms and Bathrooms
- 16 Bedrooms
- 15 Full Bathrooms
Home Security
- Storm Windows
- Storm Doors
Parking
- Driveway
- On-Street Parking
- Open Parking
Outdoor Features
- Rain Gutters
Utilities
- 5 Heating Zones
- 200+ Amp Service
Listing and Financial Details
- Total Actual Rent $5,600
- Assessor Parcel Number M:35 L:0057,4078935
Community Details
Overview
- 15 Units
- Property has 1 Level
Building Details
- Net Operating Income $86,052
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 14, 2023
Closed on
Apr 30, 2024
Sold by
Barrows Jeffrey
Bought by
Seller's Agent
Ted Richard
J. Barrett & Company
Buyer's Agent
Ted Richard
J. Barrett & Company
List Price
$3,500,000
Sold Price
$3,250,000
Premium/Discount to List
-$250,000
-7.14%
Views
37
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,437,500
Outstanding Balance
$2,378,812
Interest Rate
6.74%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 6, 1999
Sold by
Macher Mgmt Co Inc and Glenville Rt
Bought by
Barrows Jeffrey
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Salem Common, MA
-
Tyson Lynch
-
Jeffrey Sill
JS
Jeffrey Sill
Reliant Real Estate, Inc.
(781) 556-6758
31 Total Sales
1 in Salem Common
$701,000 Price
-
David Brown
David Brown
Coldwell Banker Realty - Beverly
(339) 666-1240
60 Total Sales
1 in Salem Common
$616,000 Price
-
Jessica Schenkel
Jessica Schenkel
Responds QuicklyWilliam Raveis R.E. & Home Services
(781) 702-3215
60 Total Sales
2 in Salem Common
$630K - $680K Price Range
-
Melissa Weinand
MW
Melissa Weinand
Responds QuicklyThe Proper Nest Real Estate
(351) 666-6706
198 Total Sales
1 in Salem Common
$1,375,000 Price
-
Michelle Fermin
Michelle Fermin
Responds QuicklyCentury 21 North East
(978) 954-6739
1,101 Total Sales
1 in Salem Common
$465,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $3,250,000 | None Available | ||
| Barrows Jeffrey | $675,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $2,437,500 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/30/2024 04/30/24 | Sold | $3,250,000 | -7.1% | $438 / Sq Ft |
| 12/15/2023 12/15/23 | Pending | -- | -- | -- |
| 12/14/2023 12/14/23 | For Sale | $3,500,000 | -- | $472 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $33,810 | $2,981,500 | $1,207,500 | $1,774,000 |
| 2024 | $28,919 | $2,488,700 | $1,095,000 | $1,393,700 |
| 2023 | $29,800 | $2,382,100 | $990,000 | $1,392,100 |
| 2022 | $27,520 | $2,077,000 | $900,000 | $1,177,000 |
| 2021 | $25,914 | $1,877,800 | $750,000 | $1,127,800 |
| 2020 | $20,201 | $1,398,000 | $375,000 | $1,023,000 |
| 2019 | $15,931 | $1,055,000 | $375,000 | $680,000 |
| 2018 | $16,224 | $1,054,900 | $375,000 | $679,900 |
| 2017 | $16,023 | $1,010,300 | $375,000 | $635,300 |
| 2016 | $15,831 | $1,010,300 | $375,000 | $635,300 |
| 2015 | $14,487 | $882,800 | $247,500 | $635,300 |
Source: Public Records
Agents Affiliated with this Home
-
Ted Richard
Seller's Agent in 2024
Ted Richard
J. Barrett & Company
(978) 921-1117
4 in this area
66 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73187412
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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