NOT LISTED FOR SALE

Estimated Value: $460,000 - $1,059,000

4 Beds
2 Baths
2,784 Sq Ft
$299/Sq Ft Est. Value

Last Sold October 29, 2024

Last sale price $929,900 $334 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $5,038/month

9 Days on Market

Highlights

  • Medical Services
  • Wood Flooring
  • Community Pool
  • Property is near public transit and schools
  • 1 Fireplace
  • Jogging Path

About This Home

As of October 2024

Exceptionally rare Tudor style 2 family duplex. This special property is located in highly sought after South Salem neighborhood close to Salem State University, Marblehead line, Salem Harbor, rail trail & Forest River Park. Unit 1 offers 6 rooms on the first floor, an updated kitchen with maple cabinets, dining room, large family room & a beautiful living room with built in cabinets with stained glass doors and window seat. The second floor has two spacious bedrooms with ample closets and a hallway bathroom. Newly refinished hardwood floors. The lower level is partially finished with a playroom, office, laundry & storage area and new plank flooring. Unit 2 offers an updated kitchen, dining and living room on the first floor. There are 2 bedrooms and a hallway bath on the second floor. Both units have been freshly painted. Utilities are separate. Outside there is a 2 car garage with additional parking & a lovely yard with seasonal water views. De-leaded property.

Last Agent to Sell the Property

Beth Jacobs

Coldwell Banker Realty - Marblehead Listed on: 09/10/2024

Coldwell Banker Realty - Marblehead

Last Buyer's Agent

Leah Mushi

Forbes Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,450

Year Built

  • Built in 1920

Lot Details

  • 6,595 Sq Ft Lot
  • Irregular Lot

Parking

  • 2 Car Garage
  • Driveway
  • Open Parking
  • Off-Street Parking

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • 2,784 Sq Ft Home
  • Property has 2 Levels
  • 1 Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Storage
  • Wood Flooring
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Location

  • Property is near public transit and schools

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Natural Gas
  • Heating System Uses Steam

Listing and Financial Details

  • Total Actual Rent $4,525
  • Rent includes unit 1(water), unit 2(water)
  • Assessor Parcel Number 2134248

Community Details

Overview

  • 2 Units
  • Near Conservation Area

Amenities

  • Medical Services
  • Shops

Recreation

  • Community Pool
  • Park
  • Jogging Path

Building Details

  • Net Operating Income $54,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,450

Year Built

Built in 1920

Lot Details

6,595 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Side by Side
  • Year Built: 1920
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 4

Interior Features

  • Flooring: Hardwood
  • Interior Amenities: Storage, Bathroom With Tub & Shower, Living Room, Dining Room, Kitchen, Family Room
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full, Partially Finished
  • Living Area: 2784
  • Spa YN: No
  • Stories Total: 4
  • MAIN LO: AN6181
  • MAIN SO: AN6181

Exterior Features

  • Foundation Details: Irregular
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront Features: Beach Front, Ocean, 1/2 to 1 Mile To Beach
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Wall Unit(s)
  • Heating: Steam, Natural Gas
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 2
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Pool, Park, Walk/Jog Trails, Medical Facility, Conservation Area, Public School, T-Station, University
  • Rent Includes: Unit 1(Water), Unit 2(Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: 2134248
  • Zoning: R1
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.15
  • Lot Size Sq Ft: 6595
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 8450

Multi Family

  • Net Operating Income: 54300
  • Number Of Units Total: 2
  • Total Actual Rent: 4525
  • LEVELS 1: 2
  • Basement Included Sq Ft: No
  • LEASE 2: N
  • LEASE 1: N

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 1, 1996
Sold by
Moore Peter H
Bought by
Timmons Steven M
Current Estimated Value
$832,602

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,500
Interest Rate
7.83%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Timmons Steven M $215,000 --
Timmons Steven M $215,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Timmons Steven M $252,000
Closed Timmons Steven M $191,000
Closed Timmons Steven M $193,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/29/2024 10/29/24 Sold $929,900 0.0% $334 / Sq Ft
09/19/2024 09/19/24 Pending -- -- --
09/10/2024 09/10/24 For Sale $929,900 -- $334 / 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 $9,141 $806,100 $221,500 $584,600
2024 $8,450 $727,200 $209,000 $518,200
2023 $8,200 $655,500 $190,300 $465,200
2022 $8,081 $609,900 $174,700 $435,200
2021 $7,640 $553,600 $162,200 $391,400
2020 $7,459 $516,200 $159,100 $357,100
2019 $7,026 $465,300 $149,700 $315,600
2018 $6,304 $409,900 $139,800 $270,100
2017 $6,073 $382,900 $131,000 $251,900
2016 $6,000 $382,900 $131,000 $251,900
2015 $5,725 $348,900 $115,400 $233,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73287958

MLS Property Information Network (MLS PIN)

APN: SALE-000032-000000-000163

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