NOT LISTED FOR SALE

Estimated Value: $822,928 - $1,018,000

6 Beds
4 Baths
2,418 Sq Ft
$365/Sq Ft Est. Value

Last Sold August 08, 2024

Last sale price $950,000 $393 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $5,295/month

4 Days on Market

Highlights

  • Marina
  • Medical Services
  • Property is near public transit
  • Golf Course Community
  • Deck
  • Wood Flooring

About This Home

As of August 2024

Large, sun filled stunning renovation 2 family featuring two 3 bed, 2 full bath condominiums halfway between Salem State University and all of Salem's downtown attractions. Sprawling open concept living/ kitchen/ dining areas with 3 generous bedrooms and 2 full baths. Everything renovated 2022/2023 including custom built-ins, new rubber roof, high efficiency gas fired heat and central air, high efficiency tankless hot water, Kohler fixtures, chef's kitchens, quartz counters with peninsulas, spa like bathrooms. Storage in dry common basement with front and rear access. Private front and rear decks w/ large common yard. Easy to show. Also available as individual condominiums listed separately.

Last Agent to Sell the Property

Dan Bernal

Atlantic Coast Homes,Inc Listed on: 06/24/2024

Last Buyer's Agent

Dorothy Goodwin

Berkshire Hathaway HomeServices Commonwealth Real Estate

Berkshire Hathaway HomeServices Commonwealth Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,300

Year Built

  • Built in 1915

Lot Details

  • 4,356 Sq Ft Lot
  • Level Lot

Home Design

  • Duplex
  • Stone Foundation
  • Frame Construction
  • Rubber Roof

Interior Spaces

  • 2,418 Sq Ft Home
  • Property has 1 Level
  • Insulated Windows
  • Insulated Doors
  • Washer and Gas Dryer Hookup

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Deck
  • Porch

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Horace Mann Elementary School
  • Collins Middle School
  • Salem High School

Utilities

  • 2 Cooling Zones
  • 2 Heating Zones

Listing and Financial Details

  • Total Actual Rent $7,300
  • Tax Lot 0298
  • Assessor Parcel Number 2134855

Community Details

Overview

  • 2 Units
  • Near Conservation Area

Amenities

  • Medical Services
  • Shops

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Community Pool
  • Park
  • Jogging Path
  • Bike Trail

Building Details

  • Net Operating Income $87,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,300

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Year Built: 1915
  • Year Built Details: Actual,Renovated Since
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Owner
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Tile, Hardwood
  • Door Features: Insulated Doors
  • Fireplace YN: No
  • Total Bedrooms: 6
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Basement: Full, Walk-Out Access
  • Living Area: 2418
  • Spa YN: No
  • Stories Total: 3
  • Window Features: Insulated Windows
  • MAIN LO: AC1991
  • MAIN SO: AN6527

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Deck
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Rubber
  • Waterfront Features: Beach Front, Harbor, Ocean, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Gas Dryer, Washer Hookup
  • Electric: Circuit Breakers
  • Water Source: Public
  • HEAT UNITS: 2
  • HEAT ZONES: 2
  • COOLING ZONES: 2
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Bike Path, Conservation Area, House of Worship, Marina, Private School, Public School, T-Station, University
  • Senior Community YN: No

Lot Info

  • Parcel Number: 2134855
  • Zoning: Multi
  • Farm Land Area Units: Square Feet
  • Lot Features: Level, Sloped
  • Lot Size Acres: 0.1
  • Lot Size Sq Ft: 4356
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 6300
  • Tax Lot: 0298

Multi Family

  • Net Operating Income: 87600
  • Number Of Units Total: 2
  • Total Actual Rent: 7300
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • COOLING UNITS: 2
  • LEASE 2: N
  • LEASE 1: N

MLS Schools

  • High School: Salem
  • Elementary School: Horace Mann
  • Middle Or Junior School: Collins

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 27, 2012
Sold by
Karan Leonid
Bought by
Hh Llc
Current Estimated Value
$882,982

Purchase Details

Closed on
Jan 13, 2011
Sold by
Vassy Shirley L Est
Bought by
Karan Leonid

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,789
Interest Rate
4.25%
Mortgage Type
FHA
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
Hh Llc -- --
Hh Llc -- --
Karan Leonid $245,000 --
Karan Leonid $245,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Karan Leonid $238,789
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/08/2024 08/08/24 Sold $950,000 -4.9% $393 / Sq Ft
06/29/2024 06/29/24 Pending -- -- --
06/24/2024 06/24/24 For Sale $999,000 -- $413 / 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 $7,754 $683,800 $167,400 $516,400
2024 $6,300 $542,200 $158,600 $383,600
2023 $6,094 $487,100 $146,900 $340,200
2022 $6,216 $469,100 $138,000 $331,100
2021 $6,022 $436,400 $138,000 $298,400
2020 $5,750 $397,900 $119,200 $278,700
2019 $5,696 $377,200 $113,400 $263,800
2018 $5,266 $342,400 $108,100 $234,300
2017 $4,877 $307,500 $88,100 $219,400
2016 $4,745 $302,800 $83,400 $219,400
2015 $4,583 $279,300 $75,200 $204,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73256438

MLS Property Information Network (MLS PIN)

APN: SALE-000033-000000-000298