NOT LISTED FOR SALE

Estimated Value: $531,000 - $650,000

5 Beds
2 Baths
1,248 Sq Ft
$471/Sq Ft Est. Value

Last Sold August 21, 2015

Last sale price $311,000 $249 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $3,740/month

65 Days on Market

About This Home

As of August 2015

1st Ad~Take a look at this very roomy, expanded 7-room Cape Cod style home. Conveniently located just blocks from the beach, grocery store, several restaurants and Salem State University this beauty is just a mile away from Salem's exciting downtown area, Pickering Wharf and Salem Common. Upstairs features 3 generous bedrooms with full bathroom. Main floor boasts original, gleaming hardwood floors, flexible open floor plan and full bath. From a spacious, bright eat-in kitchen with new stainless steel appliances, you can walk right out onto your deck. The large living or family room with two additional rooms ideal for den, office or bedrooms complete this floor. A hidden bonus is the large heated basement perfect for future expansion. There is also a garage perfect for storage or finishing! Backyard has a large deck and patio area perfect place for kids, bbq's, playing or gardening.

Last Listed By

Shirley Burke

Coldwell Banker Realty - Marblehead License #454000641 Listed on: 06/17/2015

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,383

Year Built

1964

Lot Details

0

Listing Details

  • Lot Description: Other (See Remarks)
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1964

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator
  • Has Basement: Yes
  • Number of Rooms: 7
  • Amenities: Public Transportation, Shopping, Park, Golf Course, Medical Facility, Laundromat, Highway Access, T-Station, University
  • Electric: Fuses
  • Basement: Full
  • Bedroom 2: First Floor, 12X12
  • Bedroom 3: First Floor, 9X11
  • Bedroom 4: Second Floor, 10X14
  • Bedroom 5: Second Floor, 8X14
  • Bathroom #1: First Floor
  • Bathroom #2: Second Floor
  • Kitchen: First Floor, 15X13
  • Laundry Room: Basement
  • Living Room: First Floor, 12X16
  • Master Bedroom: Second Floor, 12X18
  • Family Room: Basement, 28X24

Exterior Features

  • Exterior: Vinyl
  • Exterior Features: Deck, Patio
  • Foundation: Other (See Remarks)

Garage/Parking

  • Garage Spaces: 1
  • Parking: Off-Street
  • Parking Spaces: 2

Utilities

  • Cooling: Other (See Remarks)
  • Heating: Other (See Remarks)
  • Utility Connections: for Electric Range

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 15, 2022
Sold by
Araque Marvin and Lopez Asmilda
Bought by
Araque Marvin
Total Days on Market
65
Current Estimated Value
$587,847

Purchase Details

Listed on
Jun 17, 2015
Closed on
Aug 21, 2015
Sold by
Royal Denise
Bought by
Lopez Asmilda and Araque Marvin
Seller's Agent
Shirley Burke
Coldwell Banker Realty - Marblehead
Buyer's Agent
Evelyn Tapanes
Century 21 North East
List Price
$298,000
Sold Price
$311,000
Premium/Discount to List
$13,000
4.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.34%
Original Mortgage
$305,367
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
May 21, 1992
Sold by
Abbott William F and Abbott Linda
Bought by
Royal Ronald C and Royal Denise

Range of Values:

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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
Araque Marvin -- None Available
Lopez Asmilda $311,000 --
Royal Ronald C $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Araque Marvin $132,000
Previous Owner Araque Marvin $351,037
Previous Owner Araque Marvin $32,100
Previous Owner Lopez Asmilda $305,367
Previous Owner Abbott William F $75,000
Previous Owner Abbott William F $25,000
Previous Owner Abbott William F $130,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2015 08/21/15 Sold $311,000 0.0% $249 / Sq Ft
06/23/2015 06/23/15 Off Market $311,000 -- --
06/17/2015 06/17/15 For Sale $298,000 -- $239 / 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 $5,383 $474,700 $162,000 $312,700
2024 $5,258 $452,500 $153,500 $299,000
2023 $5,029 $402,000 $142,100 $259,900
2022 $4,948 $373,400 $133,600 $239,800
2021 $4,740 $343,500 $133,600 $209,900
2020 $4,640 $321,100 $115,400 $205,700
2019 $4,625 $306,300 $109,700 $196,600
2018 $4,433 $288,200 $104,600 $183,600
2017 $4,120 $259,800 $85,300 $174,500
2016 $3,717 $237,200 $80,700 $156,500
2015 $3,658 $222,900 $72,800 $150,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71859099

MLS Property Information Network (MLS PIN)

APN: SALE-000033-000000-000111