NOT LISTED FOR SALE

Estimated Value: $602,000 - $731,000

4 Beds
2 Baths
1,448 Sq Ft
$452/Sq Ft Est. Value

Last Sold May 04, 2018

Last sale price $326,000 $225 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $4,033/month

10 Days on Market

Highlights

  • Wood Flooring
  • Porch
  • 3-minute walk to Patten Park

About This Home

As of May 2018

Attention: All offers - if any to be submitted by Mon., March 26th by 5:00 pm. Access to 2nd floor unit after that. First floor, grounds and basement are easy to show. Second floor access with offers. What a great value. This 2 Family House in North Salem is ready for your immediate purchase. With easy access to commuter roads, the Salem train station less than a mile away and proximity to shops, restaurants and everything Salem has to offer, you are going to love this great home. Enjoy the inviting back yard and the back decks for your tenants. 1st fl. boiler installed in 2008. 1st fl. water heater 2016. 2nd fl. boiler installed in 2004. 2nd fl. water heater installed 2008. Plumbing replaced throughout the building in 2004. Rear deck with stairs replaced in 2017. Rubber roof replaced in 2014. Pitched roof back half in 2014 and front half in 2006. Updated electric throughout. Easy to show. Make an appointment today.

Last Agent to Sell the Property

Daniel Meegan

J. Barrett & Company Listed on: 03/21/2018

Last Buyer's Agent

Bella View Realty Group

Century 21 North East

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,570

Year Built

  • Built in 1870

Lot Details

  • 2,614

Flooring

  • Wood
  • Vinyl

Outdoor Features

  • Porch

Utilities

  • Water Holding Tank
  • Natural Gas Water Heater

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:27 L:0106

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,570

Year Built

Built in 1870

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 1.00
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 207.11
  • Comp Based On: Net Sale Price
  • Year Built: 1870
  • Lead Paint: Unknown
  • Levels: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1870

Interior Features

  • Flooring: Wood, Vinyl, Hardwood
  • Total Flrs: 3
  • No Bedrooms: 4
  • Total Brs: 4
  • Full Bathrooms: 2
  • Total Fbh: 2
  • No Rooms: 8
  • Basement: Y
  • Basement Features: Full, Walk Out, Interior Access, Dirt Floor, Concrete Floor
  • Main Lo: C95243
  • Main So: AN4339
  • Estimated Sq Ft: 1448.00

Exterior Features

  • Beachfront Flag: Yes
  • Beach Miles To: 1 to 2 Mile
  • Exterior Features: Porch
  • Foundation: Fieldstone, Brick

Garage/Parking

  • Parking Feature: Off-Street

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: 100 Amps
  • Sewage District: SESD
  • Heat Zones: 2
  • Hot Water: Natural Gas, Tank
  • Utility Connections: for Electric Range

Condo/Co-op/Association

  • Amenities: Shopping, Park, Golf Course, Medical Facility, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University

Schools

  • Elementary School: Choice
  • Middle School: Choice
  • High School: Salem High

Lot Info

  • Assessments: 204200.00
  • Acre: 0.06
  • Lot Size: 2535.00
  • Page: 510
  • Parcel Number: M:27 L:0106
  • Zoning: R2
  • Lot Description: Fenced/Enclosed

Multi Family

  • Heat Units: 2
  • Total Levels: 2
  • Total Rms: 8
  • No Units: 2
  • Mf Type: 2 Family

Tax Info

  • Taxes: 3141.00
  • Assessor Parcel Number: 2133058

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2018
Closed on
May 4, 2018
Sold by
Morin Eric J
Bought by
Borjas Rigoberto
Seller's Agent
Daniel Meegan
J. Barrett & Company
Buyer's Agent
Bella View Realty Group
Century 21 North East
List Price
$299,900
Sold Price
$326,000
Premium/Discount to List
$26,100
8.7%
Current Estimated Value
$655,128

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$329,128
Avg. Annual Appreciation
10.05%
Original Mortgage
$320,095
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 6, 2004
Sold by
Vallee Dennis and Doucette Janet S
Bought by
Morin Eric J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,999
Interest Rate
5.86%
Mortgage Type
Purchase Money Mortgage
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
Borjas Rigoberto $326,000 --
Morin Eric J $230,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Borjas Rigoberto $307,968
Closed Borjas Rigoberto $17,270
Closed Borjas Rigoberto $320,095
Previous Owner Morin Eric J $201,200
Previous Owner Morin Eric J $240,000
Previous Owner Morin Eric J $206,999
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2018 05/04/18 Sold $326,000 +8.7% $225 / Sq Ft
03/31/2018 03/31/18 Pending -- -- --
03/21/2018 03/21/18 For Sale $299,900 -- $207 / 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 $5,570 $491,200 $143,600 $347,600
2024 $5,423 $466,700 $143,600 $323,100
2023 $5,214 $416,800 $126,700 $290,100
2022 $5,142 $388,100 $118,200 $269,900
2021 $4,895 $354,700 $110,400 $244,300
2020 $4,875 $337,400 $114,300 $223,100
2019 $4,133 $273,700 $104,200 $169,500
2018 $3,141 $204,200 $90,100 $114,100
2017 $2,845 $179,400 $72,100 $107,300
2016 $2,811 $179,400 $72,100 $107,300
2015 $2,655 $161,800 $61,900 $99,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72296588

MLS Property Information Network (MLS PIN)

APN: SALE-000027-000000-000106