NOT LISTED FOR SALE

18 Buffum St Salem, MA 01970

North Salem Neighborhood

Estimated Value: $1,159,000 - $1,631,572

5 Beds
4 Baths
5,272 Sq Ft
$261/Sq Ft Est. Value

Last Sold April 12, 2018

Last sale price $775,000 $147 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $8,822/month

8 Days on Market

Highlights

  • Deck
  • Porch
  • Patio
  • Wood Flooring
  • Wet Bar
  • 4-minute walk to Patten Park

About This Home

As of April 2018

The Job V. Hanson House Circa 1872 is perhaps North Salem's most outstanding Victorian residence. This statuesque property has been meticulously restored and features 5272 sq ft of elegantly appointed rooms, plus 700 sq. ft. of finished lower level living space, soaring ceilings, formal living and dining room, butler's pantry, comfortable great room, four marble fireplaces, 5+ bedrooms, 4 baths, new edition with expansive designer cherry kitchen with granite and stainless appliances, deck, 2 car garage and private yard. The lower level has been gutted to include family room, full bath and exercise room. The 3rd floor is a grandfathered apartment that includes living room, 1 bedroom, full bath and kitchen. Stroll to the train and ferry to Boston, fine restaurants, boutique shopping, beaches, cafes, museums and fun night life. Enjoy the Metropolitan lifestyle of Salem.

Last Agent to Sell the Property

Merry Fox Team

MerryFox Realty Listed on: 02/06/2018

Co-Listed By

Betsy Merry

MerryFox Realty

Last Buyer's Agent

Kate Richard

J. Barrett & Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,031

Year Built

  • Built in 1850

Lot Details

  • Property is zoned R2

Parking

  • 2 Car Garage

Interior Spaces

  • Wet Bar
  • Wood Flooring
  • Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Outdoor Features

  • Deck
  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number M:26 L:0363

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,031

Year Built

Built in 1850

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Single Family Type: Detached
  • Style: Victorian
  • Other Agent: 2.00
  • Year Built Description: Actual
  • List Price Per Sq Ft: 151.56
  • Comp Based On: Net Sale Price
  • Year Built: 1850
  • Lead Paint: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1850

Interior Features

  • Fireplaces: 4
  • Flooring: Hardwood
  • Interior Amenities: Wetbar
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator
  • No Bedrooms: 5
  • Master Bedroom: On Level: First Floor
  • Bedroom 2: On Level: Second Floor
  • Bedroom 3: On Level: Second Floor
  • Bedroom 4: On Level: Second Floor
  • Bedroom 5: On Level: Third Floor
  • Full Bathrooms: 4
  • Primary Bathroom: Yes
  • Bathroom 1: On Level: First Floor, Bathroom - Full
  • Bathroom 2: On Level: Second Floor, Bathroom - Full
  • Bathroom 3: On Level: Basement, Bathroom - Full
  • No Rooms: 12
  • Dining Room: On Level: First Floor
  • Family Room: On Level: First Floor
  • Kitchen: On Level: First Floor
  • Living Room: On Level: First Floor
  • Basement: Y
  • Basement Features: Finished
  • Other Room 1: Name: Living/Dining Rm Combo, On Level: Third Floor
  • Other Room 2: Name: Kitchen, On Level: Third Floor
  • Other Room 3: Name: Bedroom, On Level: Third Floor
  • Other Room 4: Name: Bathroom, On Level: Third Floor
  • Other Room 5: Name: Exercise Room, On Level: Basement
  • Main Lo: C95279
  • Main So: C95243
  • Estimated Sq Ft: 5272.00

Exterior Features

  • Beachfront Flag: Yes
  • Beach Miles To: 1 to 2 Mile
  • Construction: Frame
  • Roof Material: Slate
  • Exterior Features: Porch, Deck - Composite, Patio
  • Foundation: Fieldstone, Brick
  • Insulation Feature: Partial

Garage/Parking

  • Parking Spaces: 4
  • Garage Parking: Detached
  • Garage Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers
  • Cooling: Central Air
  • Heating: Forced Air, Gas
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range, for Gas Oven

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf Course, Medical Facility, House of Worship, Public School, T-Station, University

Lot Info

  • Assessments: 667400.00
  • Acre: 0.23
  • Lot Size: 9900.00
  • Page: 362
  • Parcel Number: M:26 L:0363
  • Zoning: R2

Tax Info

  • Taxes: 10585.00
  • Assessor Parcel Number: 2132496

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2018
Closed on
Apr 12, 2018
Sold by
Love Jennifer H and Love Timothy B
Bought by
Williams Wendy
Seller's Agent
Merry Fox Team
MerryFox Realty
Buyer's Agent
Kate Richard
J. Barrett & Company
List Price
$799,000
Sold Price
$775,000
Premium/Discount to List
-$24,000
-3%
Current Estimated Value
$1,373,893

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$598,893
Avg. Annual Appreciation
7.70%

Purchase Details

Closed on
May 14, 2004
Sold by
Murphy Joseph F and Murphy Judith A
Bought by
Love Timothy B
Source: Public Records

Range of Values:

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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
Williams Wendy $775,000 --
Love Timothy B $670,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Murphy Joseph F $485,395
Previous Owner Murphy Joseph F $503,000
Previous Owner Murphy Joseph F $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2018 04/12/18 Sold $775,000 -3.0% $147 / Sq Ft
02/14/2018 02/14/18 Pending -- -- --
02/06/2018 02/06/18 For Sale $799,000 -- $152 / 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 $16,031 $1,413,700 $230,300 $1,183,400
2024 $14,561 $1,253,100 $218,900 $1,034,200
2023 $14,111 $1,128,000 $202,100 $925,900
2022 $14,079 $1,062,600 $195,300 $867,300
2021 $13,189 $955,700 $181,800 $773,900
2020 $12,707 $879,400 $171,700 $707,700
2019 $12,553 $831,300 $163,000 $668,300
2018 $11,140 $724,300 $154,900 $569,400
2017 $10,585 $667,400 $130,700 $536,700
2016 $10,363 $661,300 $124,600 $536,700
2015 $9,749 $594,100 $114,500 $479,600
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2018

    Merry Fox Team

    MerryFox Realty

    8 in this area

    271 Total Sales

    Merry Fox Team
    Section Image

  • B

    Seller Co-Listing Agent in 2018

    Betsy Merry

    MerryFox Realty

    Section Image
  • Kate Richard

    Buyer's Agent in 2018

    Kate Richard

    J. Barrett & Company

    (978) 252-0322

    2 in this area

    66 Total Sales

    Kate Richard
    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72278256

MLS Property Information Network (MLS PIN)

APN: SALE-000026-000000-000363

Massachusetts Essex County Salem 01970 North Salem

18 Buffum St, Salem, MA

This home is located at 18 Buffum St, Salem, MA 01970 since 06 February 2018 and is currently estimated at $1,373,893, approximately $260 per square foot. This property was built in 1850. 18 Buffum St is a home located in Essex County with nearby schools including Bates Elementary School, Carlton Elementary School, and Saltonstall School.

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.

MLS Property Information Network (MLS PIN) 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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