NOT LISTED FOR SALE

Estimated Value: $711,826 - $864,000

4 Beds
2 Baths
2,663 Sq Ft
$284/Sq Ft Est. Value

Last Sold August 05, 2021

Last sale price $500,000 $188 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $4,436/month

4 Days on Market

About This Home

As of August 2021

BRING YOUR IDEAS! A true renovation opportunity! First floor offers five rooms including living room, dining room, kitchen, den or bedroom, full bath and small bedroom/office space. Second floor has a similar layout with living room/diningroom combo, kitchen and full bath, and two rooms used as bedrooms. Note: second bedroom space has no closet. Third level is a full walk around attic with three rooms with closets, but needs work. Off street parking fits one car comfortably. Very charming home near the Salem Common, the commuter rail and all that Salem has to offer! ESTATE SALE. Property to be sold "as is." Offers to be reviewed Monday, June 14th. Seller may accept an offer prior to Monday deadline. Please, no escalation clauses. Showings by appointment starting Friday: 3:00-5:00pm; Saturday 12:00-3:00 pm; Sunday 12:00-3:00pm.

Last Agent to Sell the Property

Sarah Harrington

William Raveis R.E. & Home Services Listed on: 06/11/2021

William Raveis R.E. & Home Services

Last Buyer's Agent

Alison Lules-Cuccio

Don Baker Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1870

Lot Details

  • 2,178

Utilities

  • Oil Water Heater

Additional Features

  • Basement

Property Details

Home Type

Multi-Family

Year Built

Built in 1870

Lot Details

2,178 Sq Ft Lot

Listing Details

  • Property Type: Multi-family
  • Other Agent: 1.00
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 178.37
  • Comp Based On: Net Sale Price
  • Year Built: 1870
  • Lead Paint: Unknown
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1870

Interior Features

  • Fireplaces: 2
  • Total Flrs: 2
  • Total Frplcs: 2
  • No Bedrooms: 4
  • Total Brs: 4
  • Full Bathrooms: 2
  • Total Fbh: 2
  • No Rooms: 9
  • Basement: Y
  • Basement Features: Full
  • Main Lo: M59500
  • Main So: C63100
  • Estimated Sq Ft: 2663.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 1 to 2 Mile
  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Foundation: Fieldstone, Brick
  • Foundation Size: 31x25

Garage/Parking

  • Parking Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Fuses
  • Hot Water: Oil

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Park, Medical Facility, House of Worship, Public School, T-Station, University

Lot Info

  • Assessments: 433200.00
  • Acre: 0.05
  • Lot Size: 2221.00
  • Page: 330
  • Zoning: R2
  • Lot Description: Corner

Multi Family

  • Total Levels: 2
  • Total Rms: 9
  • No Units: 2
  • Mf Type: 2 Family

Tax Info

  • Taxes: 5978.16
  • Assessor Parcel Number: 2137043
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2021
Closed on
Aug 5, 2021
Sold by
Ryan Elinor G Est and Amirault
Bought by
Clarke Henry C
Seller's Agent
Sarah Harrington
William Raveis R.E. & Home Services
Buyer's Agent
Alison Lules-Cuccio
Don Baker Real Estate
List Price
$475,000
Sold Price
$500,000
Premium/Discount to List
$25,000
5.26%
Current Estimated Value
$756,207

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$256,207
Avg. Annual Appreciation
9.45%
Original Mortgage
$450,000
Outstanding Balance
$406,295
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$349,912

Purchase Details

Closed on
Dec 9, 1994
Sold by
Wellwood Thomas E and Wellwood Ruth Ellen
Bought by
Degregorio Wilma A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
9%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Clarke Henry C $500,000 None Available
Clarke Henry C $500,000 None Available
Degregorio Wilma A $145,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clarke Henry C $450,000
Closed Clarke Henry C $450,000
Previous Owner Degregorio Wilma A $116,000
Previous Owner Degregorio Wilma A $116,000
Previous Owner Degregorio Wilma A $116,000
Previous Owner Degregorio Wilma A $72,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/05/2021 08/05/21 Sold $500,000 +5.3% $188 / Sq Ft
06/15/2021 06/15/21 Pending -- -- --
06/11/2021 06/11/21 For Sale $475,000 -- $178 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $6,625 $584,200 $191,000 $393,200
2024 $6,355 $546,900 $181,500 $365,400
2023 $6,160 $492,400 $167,500 $324,900
2022 $6,292 $474,900 $162,000 $312,900
2021 $5,978 $433,200 $150,800 $282,400
2020 $5,861 $405,600 $142,400 $263,200
2019 $5,804 $384,400 $135,100 $249,300
2018 $5,385 $350,100 $128,400 $221,700
2017 $5,013 $316,100 $108,300 $207,800
2016 $4,875 $311,100 $103,300 $207,800
2015 $4,731 $288,300 $94,900 $193,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72848372

MLS Property Information Network (MLS PIN)

APN: SALE-000035-000000-000552

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