NOT LISTED FOR SALE

Estimated Value: $713,878 - $845,000

5 Beds
2 Baths
2,700 Sq Ft
$287/Sq Ft Est. Value

Last Sold July 03, 2024

Last sale price $730,000 $270 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,663/month

3 Days on Market

Highlights

  • Wood Flooring
  • Porch
  • Combination Dining and Living Room
  • Corner Lot
  • Bathtub with Shower
  • 5-minute walk to Palmer Cove Park

About This Home

As of July 2024

GREAT 2-Family with 2 and 3 bedroom units on a dead-end street. Situated near Palmer Cove Park with community gardens and barely a half mile from downtown Salem with its numerous restaurants, shops and attractions. Both units feature beautiful hardwood floors and open concept floor plan. They each have an eat-in/galley kitchen with gas stoves, a large dining room, living room and back porches. Laundry in large basement. Fenced in yard. Tenants at Will.

Last Agent to Sell the Property

Paul Goyette

Stelmach Realty Listed on: 05/20/2024

Last Buyer's Agent

Michael Ihionu

Home America Realty & Investments

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,943

Year Built

  • Built in 1920

Lot Details

  • 3,502 Sq Ft Lot
  • Fenced
  • Corner Lot

Home Design

  • Frame Construction
  • Slate Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,700 Sq Ft Home
  • Property has 1 Level
  • Combination Dining and Living Room
  • Wood Flooring
  • Range

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Block Basement Construction

Parking

  • On-Street Parking
  • Open Parking

Outdoor Features

  • Bulkhead
  • Porch

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number M:34 L:0463,2136038

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,943

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1920
  • 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: Hardwood
  • Interior Amenities: Laundry Room, Bathroom With Tub & Shower, Living Room, Dining Room, Kitchen, Living RM/Dining RM Combo
  • Fireplace YN: No
  • Appliances: Range, Refrigerator
  • Total Bedrooms: 5
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full, Interior Entry, Bulkhead, Concrete
  • Living Area: 2700
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: B70007
  • MAIN SO: NB2388

Exterior Features

  • Construction Materials: Frame
  • Fencing: Fenced/Enclosed, Fenced
  • Foundation Details: Concrete Perimeter
  • Home Warranty YN: No
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Roof: Slate
  • Waterfront Features: Beach Front, Harbor, Ocean, 3/10 to 1/2 Mile To Beach
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: On Street

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Water Source: Public
  • Hot Water: Oil, Natural Gas, Tank, Varies Per Unit

Condo/Co-op/Association

  • Senior Community YN: No

Lot Info

  • Parcel Number: M:34 L:0463,2136038
  • Zoning: R2
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.08
  • Lot Size Sq Ft: 3502
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 6943

Multi Family

  • Number Of Units Total: 2
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEASE 2: N
  • LEASE 1: N

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 5, 2012
Sold by
Broderick Michael and Broderick Theresa C
Bought by
6Llc B
Current Estimated Value
$774,970

Purchase Details

Closed on
Jul 14, 2011
Sold by
Darisse Rita J
Bought by
Broderick Michael and Broderick Theresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,650
Interest Rate
4.58%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 2, 2011
Sold by
18 Chase Street Rt and Darisse
Bought by
Darisse Rita J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
6Llc B -- --
6Llc B -- --
Broderick Michael $242,200 --
Broderick Michael $242,200 --
Darisse Rita J -- --
Darisse Rita J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Darisse Rita J $181,650
Previous Owner Darisse Rita J $25,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/03/2024 07/03/24 Sold $730,000 -2.0% $270 / Sq Ft
05/24/2024 05/24/24 Pending -- -- --
05/20/2024 05/20/24 For Sale $745,000 -- $276 / 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 $7,193 $634,300 $147,300 $487,000
2024 $6,943 $597,500 $147,300 $450,200
2023 $6,754 $539,900 $129,900 $410,000
2022 $6,698 $505,500 $121,300 $384,200
2021 $6,322 $458,100 $113,200 $344,900
2020 $5,974 $413,400 $98,200 $315,200
2019 $5,803 $384,300 $86,600 $297,700
2018 $5,371 $349,200 $86,600 $262,600
2017 $5,059 $319,000 $73,900 $245,100
2016 $4,999 $319,000 $73,900 $245,100
2015 $4,217 $257,000 $63,500 $193,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73240506

MLS Property Information Network (MLS PIN)

APN: SALE-000034-000000-000463