NOT LISTED FOR SALE

18 Laurel St Salem, MA 01970

South Salem Neighborhood

Estimated Value: $599,101 - $846,000

7 Beds
2 Baths
2,745 Sq Ft
$282/Sq Ft Est. Value

Last Sold January 15, 2013

Last sale price $233,000 $85 Per Sq Ft

Est. 232% increase in value since last sale

Current estimated payment $4,867/month

23 Days on Market

About This Home

As of January 2013

Attractive and well maintained 2 family near downtown, college and Forest River Park. Hardwood floors and Greek Revival detail. Newer roof, siding, heating systems, electrical panels and replacement windows. Second unit has heated attic rooms which could combine to be 4 plus bedroom unit. Nice backyard and 2 plus tandem parking. Kitchen and baths good be upgraded to make this a great investment property or owner occupied home.

Last Listed By

Ted Richard

J. Barrett & Company Listed on: 11/23/2012

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,389

Year Built

1845

Lot Details

0

Listing Details

  • Lot Description: Paved Drive
  • Other Agent: 2.50
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1845

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 15
  • Amenities: Public Transportation, Shopping
  • Energy: Insulated Windows
  • Flooring: Wood, Vinyl
  • Basement: Full, Walk Out

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Clapboard, Vinyl
  • Exterior Features: Porch - Enclosed
  • Foundation: Fieldstone, Brick, Granite

Garage/Parking

  • Parking: Off-Street, Tandem
  • Parking Spaces: 2

Utilities

  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range, Washer Hookup

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 23, 2012
Closed on
Jan 15, 2013
Sold by
Oleary Danielle M
Bought by
Twomey William F
Seller's Agent
Ted Richard
J. Barrett & Company
Buyer's Agent
Ted Richard
J. Barrett & Company
List Price
$219,900
Sold Price
$233,000
Premium/Discount to List
$13,100
5.96%
Total Days on Market
23
Current Estimated Value
$774,525

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$541,525
Avg. Annual Appreciation
10.20%
Original Mortgage
$166,500
Outstanding Balance
$117,750
Interest Rate
3.36%
Mortgage Type
New Conventional
Estimated Equity
$656,775

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
Twomey William F $233,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oleary Mary E $166,500
Previous Owner Oleary Mary E $13,370
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2013 01/15/13 Sold $233,000 +6.0% $85 / Sq Ft
12/16/2012 12/16/12 Pending -- -- --
11/23/2012 11/23/12 For Sale $219,900 -- $80 / 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 $6,389 $563,400 $168,900 $394,500
2024 $6,094 $524,400 $160,000 $364,400
2023 $5,888 $470,700 $148,100 $322,600
2022 $6,016 $454,000 $139,200 $314,800
2021 $5,360 $388,400 $139,200 $249,200
2020 $4,834 $334,500 $120,300 $214,200
2019 $4,782 $316,700 $114,400 $202,300
2018 $4,422 $287,500 $109,000 $178,500
2017 $4,052 $255,500 $88,900 $166,600
2016 $3,928 $250,700 $84,100 $166,600
2015 $3,786 $230,700 $75,800 $154,900
Source: Public Records

Agents Affiliated with this Home

  • Ted Richard

    Seller's Agent in 2013

    Ted Richard

    J. Barrett & Company

    (978) 921-1117

    4 in this area

    64 Total Sales

    Ted Richard
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71459351

MLS Property Information Network (MLS PIN)

APN: SALE-000033-000000-000106

Massachusetts Essex County Salem 01970 South Salem

18 Laurel St, Salem, MA

Homes for Sale in Salem, MA

This home is located at 18 Laurel St, Salem, MA 01970 since 23 November 2012 and is currently estimated at $774,525, approximately $282 per square foot. This property was built in 1845. 18 Laurel St is a home located in Essex County with nearby schools including Saltonstall School, Carlton Elementary School, and Bates Elementary School.

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