NOT LISTED FOR SALE

19 Oakland St Salem, MA 01970

North Salem Neighborhood

Estimated Value: $716,000 - $872,000

5 Beds
2 Baths
2,373 Sq Ft
$327/Sq Ft Est. Value

Last Sold July 21, 2022

Last sale price $685,000 $289 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $4,792/month

4 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Balcony
  • Property is near public transit
  • 2 Fireplaces
  • 2-minute walk to McGlew Park

About This Home

As of July 2022

This rare 2 family boasts charm and uniqueness. Second floor unit features a 3 bedroom, 1 full bath. 3rd bedroom sits at the peak of the house, with Updated floors and Carpet. First floor Unit features 2 bedrooms, 1 full bath that features updated floors and countertops. Laundry hook up in both units. Building sits close to down town Salem, and close to Rt 128 and Rt114 and public transportation. Dont let this opportunity pass you by. New Roof to be put in after closing at sellers expense. Quotes in hand. Showing start Friday at group showing 4-530. Open house Sunday 11-1

Last Agent to Sell the Property

Nicholas Silvestri

Keller Williams Realty Evolution Listed on: 04/21/2022

Keller Williams Realty Evolution

Last Buyer's Agent

Maria Babakhanova

Redfin Corp.

Redfin Corp.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,433

Year Built

  • Built in 1880

Lot Details

  • 5,327 Sq Ft Lot
  • Fenced

Home Design

  • Duplex
  • Stone Foundation
  • Shingle Roof

Interior Spaces

  • 2,373 Sq Ft Home
  • Property has 1 Level
  • 2 Fireplaces

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Unfinished Basement

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

Parking

  • 3 Car Parking Spaces
  • Tandem Parking
  • Driveway
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Deck
  • Rain Gutters
  • Porch

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Cooling Available
  • Heating Available
  • 100 Amp Service
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $4,200
  • Assessor Parcel Number M:17 L:0113,2129526

Community Details

Overview

  • 2 Units

Building Details

  • Water Sewer Expense $100
  • Operating Expense $1,200
  • Net Operating Income $20,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,433

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Year Built: 1880
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Transaction Broker: 0
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Wood,Carpet,Varies Per Unit
  • Interior Amenities: Other (See Remarks), Unit 1(Upgraded Cabinets,Bathroom With Tub & Shower), Unit 2(Upgraded Cabinets,Bathroom With Tub & Shower), Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen)
  • Fireplace YN: Yes
  • Fireplaces: 2
  • Appliances: Unit 1(Range,Dishwasher,Disposal,Refrigerator), Unit 2(Range,Dishwasher,Disposal,Refrigerator), Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Gas Oven, Utility Connections for Electric Dryer
  • Total Bedrooms: 5
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Laundry Features: Washer Hookup, Unit 1 Laundry Room, Unit 2 Laundry Room
  • Basement: Full, Walk-Out Access, Interior Entry, Unfinished
  • Living Area: 2373
  • Stories Total: 3
  • MAIN LO: C95098
  • LIST PRICE PER Sq Ft: 271.81
  • PRICE PER Sq Ft: 288.66
  • MAIN SO: NB3534

Exterior Features

  • Exterior Features: Balcony, Rain Gutters, Varies per Unit
  • Fencing: Fenced
  • Foundation Details: Stone
  • Patio And Porch Features: Porch, Deck - Wood
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Tandem
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Gas Oven, for Electric Dryer, Washer Hookup
  • Cooling: Unit 1(Window AC), Unit 2(Window AC)
  • Heating: Unit 1(Hot Water Radiators,Gas), Unit 2(Hot Water Radiators,Gas)
  • Cooling Y N: Yes
  • Electric: 100 Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 2

Condo/Co-op/Association

  • Community Features: Public Transportation, Private School
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 100

Lot Info

  • Parcel Number: M:17 L:0113,2129526
  • Zoning: R1
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.12
  • Lot Size Area: 0.12
  • Lot Size Sq Ft: 5327
  • Lot Size Units: Acres
  • PAGE: 324

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 6433
  • Tax Book Number: 36056

Multi Family

  • Gross Income: 50400
  • Net Operating Income: 20400
  • Number Of Units Total: 2
  • Operating Expense: 1200
  • Total Actual Rent: 4200
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 2
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2017
Closed on
Jul 28, 2017
Sold by
Oakland Street Rt
Bought by
Moretti Gregory M
Seller's Agent
Paul Rallo
Keller Williams Realty Evolution
Buyer's Agent
Nicholas Silvestri
Keller Williams Realty Evolution
List Price
$419,900
Sold Price
$409,000
Premium/Discount to List
-$10,900
-2.6%
Current Estimated Value
$776,814

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$367,814
Avg. Annual Appreciation
7.71%
Original Mortgage
$409,000
Interest Rate
3.91%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 1, 1982
Bought by
19 Oakland St Rt
Source: Public Records

Range of Values:

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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
Moretti Gregory M $409,000 --
19 Oakland St Rt $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Larosa Jeckzalyk C $672,592
Closed Moretti Gregory M $395,000
Closed Moretti Gregory M $409,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2022 07/21/22 Sold $685,000 +6.2% $289 / Sq Ft
04/26/2022 04/26/22 Pending -- -- --
04/21/2022 04/21/22 For Sale $645,000 +53.6% $272 / Sq Ft
06/07/2017 06/07/17 Pending -- -- --
05/17/2017 05/17/17 For Sale $419,900 -- $177 / 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 $6,704 $591,200 $206,900 $384,300
2024 $6,433 $553,600 $196,600 $357,000
2023 $6,254 $499,900 $181,500 $318,400
2022 $6,433 $485,500 $175,400 $310,100
2021 $6,120 $443,500 $163,300 $280,200
2020 $6,004 $415,500 $154,300 $261,200
2019 $5,951 $394,100 $146,400 $247,700
2018 $5,689 $369,900 $139,100 $230,800
2017 $5,294 $333,800 $117,400 $216,400
2016 $5,144 $328,300 $111,900 $216,400
2015 $4,994 $304,300 $102,800 $201,500
Source: Public Records

Agents Affiliated with this Home

  • Nicholas Silvestri

    Seller's Agent in 2022

    Nicholas Silvestri

    Keller Williams Realty Evolution

    (617) 646-9481

    2 in this area

    50 Total Sales

    Nicholas Silvestri
    Section Image
  • Paul Rallo

    Seller's Agent in 2017

    Paul Rallo

    Keller Williams Realty Evolution

    (978) 766-8183

    59 Total Sales

    Paul Rallo
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72969561

MLS Property Information Network (MLS PIN)

APN: SALE-000017-000000-000113

Massachusetts Essex County Salem 01970 North Salem

19 Oakland St, Salem, MA

This home is located at 19 Oakland St, Salem, MA 01970 since 21 April 2022 and is currently estimated at $776,814, approximately $327 per square foot. This property was built in 1880. 19 Oakland St is a home located in Essex County with nearby schools including Bates Elementary School, Witchcraft Heights Elementary School, and Carlton Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Property Information Network (MLS PIN) The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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