NOT LISTED FOR SALE

18 Cliff St Salem, MA 01970

South Salem Neighborhood

Estimated Value: $753,000 - $852,000

6 Beds
2 Baths
2,384 Sq Ft
$339/Sq Ft Est. Value

Last Sold December 17, 2015

Last sale price $400,000 $168 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $5,199/month

8 Days on Market

About This Home

As of December 2015

Two family in desirable Forest River Park neighborhood. Prime rental location with opportunity for owner occupier or investment property in neighborhood that averages $1,500-1,600/month rent for a three-bedroom apartment. Separate entrances. Each unit has three bedrooms and in-unit washer/dryer. High ceilings. Hardwood floors. Upstairs unit has a covered front porch. Shared rear deck and Beacon Hill style fenced in garden. Owner upkeep has included: energy efficient windows, gas heating, roof and electrical upgrade. See attachment for complete list of maintenance and upgrades with dates. One short block from Forest River Park. Three blocks from Salem State University North campus. Lafayette Rd bus route two blocks away to Haymarket and downtown Salem. Property will be delivered vacant. Free weather emergency parking at Forest River Park. Great location for walking distance to local amenities and services and commuting to Boston. Each unit gets 2 guest parking passes.

Last Agent to Sell the Property

Katherine Finch

Windhill Realty, LLC License #454005018 Listed on: 10/28/2015

Last Buyer's Agent

Patty Knaggs

RE/MAX Beacon

RE/MAX Beacon

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 20, 2021
Sold by
Hamilton Andrew
Bought by
18 Cliff Street Salem Llc
Total Days on Market
8
Current Estimated Value
$808,584

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Outstanding Balance
$373,054
Interest Rate
3.09%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$431,176

Purchase Details

Listed on
Oct 28, 2015
Closed on
Dec 17, 2015
Sold by
Draper Catheryne
Bought by
Hamilton Andrew
Seller's Agent
Katherine Finch
Windhill Realty, LLC
Buyer's Agent
Patty Knaggs
RE/MAX Beacon
List Price
$399,000
Sold Price
$400,000
Premium/Discount to List
$1,000
0.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.67%
Original Mortgage
$320,000
Interest Rate
3.89%
Mortgage Type
New Conventional
Source: Public Records

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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
18 Cliff Street Salem Llc -- None Available
18 Cliff Street Salem Llc -- None Available
Hamilton Andrew $400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 18 Cliff Street Salem Llc $400,000
Previous Owner Hamilton Andrew $320,000
Previous Owner Draper Catheryne $60,000
Previous Owner Draper Catheryne $35,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2015 12/17/15 Sold $400,000 +0.3% $168 / Sq Ft
11/05/2015 11/05/15 Pending -- -- --
10/28/2015 10/28/15 For Sale $399,000 -- $167 / 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 $8,073 $711,900 $194,400 $517,500
2024 $7,715 $663,900 $184,800 $479,100
2023 $7,541 $602,800 $170,600 $432,200
2022 $7,568 $571,200 $164,900 $406,300
2021 $7,158 $518,700 $153,500 $365,200
2020 $6,923 $479,100 $145,000 $334,100
2019 $6,848 $453,500 $137,600 $315,900
2018 $6,307 $410,100 $130,800 $279,300
2017 $5,304 $334,400 $110,300 $224,100
2016 $5,160 $329,300 $105,200 $224,100
2015 $5,000 $304,700 $96,600 $208,100
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2015

    Katherine Finch

    Windhill Realty, LLC

  • Patty Knaggs

    Buyer's Agent in 2015

    Patty Knaggs

    RE/MAX

    (978) 290-1407

    1 in this area

    27 Total Sales

    Patty Knaggs
    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71924734

MLS Property Information Network (MLS PIN)

APN: SALE-000033-000000-000709

Massachusetts Essex County Salem 01970 South Salem

18 Cliff St, Salem, MA

This home is located at 18 Cliff St, Salem, MA 01970 since 28 October 2015 and is currently estimated at $808,584, approximately $339 per square foot. This property was built in 1890. 18 Cliff St is a home located in Essex County with nearby schools including Saltonstall School, Horace Mann Laboratory, and Carlton Elementary School.

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