$151,000
SOLD AUG 26, 2015
3 Beds
2 Baths
1,936 Sq Ft
6,969 Sq Ft Lot

Recently Sold

$78 Per Sq Ft

9% Below List Price

4 Days on Market

About This Home

As of January 2016

Bank Owned Home. Offers must be accompanied with proof of funds letter. Property SOLD AS IS. Information based on tax card. Utilities will not be turned on. Buyer responsible for turning on and off utilities if they want to test anything. This is a cash sale only with no contingincies accepted on any offer by the bank/owner.

Last Agent to Sell the Property

Scott Godzyk

Godzyk Real Estate Services License #033394 Listed on: 05/07/2015

Last Buyer's Agent

Henry Matos

Coldwell Banker Realty Salem License #068595

Coldwell Banker Realty Salem

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,896

Year Built

  • 1953

Lot Details

  • 6,969 Sq Ft Lot
  • Lot Sloped Up

Parking

  • 1 Car Attached Garage

Home Design

  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Basement

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

Utilities

  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,896

Year Built

1953

Lot Details

0

Parking

1

Listing Details

  • Status Detail: Closed
  • Construction: Existing
  • Foreclosedbank Ownedreo: Yes
  • Residence: PRIMARY
  • Total Stories: 1
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1953

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Access Type: Walkout
  • Basement Description: Full
  • Sq Ft - Apx Finished AG: 984
  • Sq Ft - Apx Finished BG: 952
  • Sq Ft - Apx Total BG: 984
  • Sq Ft - Apx Total Finished: 1936
  • Sq Ft - Apx Unfinished BG: 32

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Vinyl
  • Foundation: Concrete
  • Road Frontage: TBD
  • Roads: Public
  • Roof: Shingle - Asphalt

Garage/Parking

  • Garage Capacity: 1
  • Parking: Parking Spaces 1
  • Garage Type: Attached
  • Garage: Yes

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Gas - Natural
  • Heating Fuel: Gas - Natural
  • Heating: Hot Air

Schools

  • School District: Salem

Lot Info

  • Lot Sq Ft: 6969
  • Lot Acres: 0.16
  • Lot Description: Sloping
  • Surveyed: Unknown
  • Zoning: res

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2015
Closed on
Jan 8, 2016
Sold by
Salem Lake House Llc
Bought by
Jordan Zachary M and Jordan Ali M
Seller's Agent
Henry Matos
Coldwell Banker Realty - Salem
Buyer's Agent
Paul Nartiff
LAER Realty Partners
List Price
$285,000
Sold Price
$250,000
Premium/Discount to List
-$35,000
-12.28%
Current Estimated Value
$527,696

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$277,696
Avg. Annual Appreciation
7.89%
Original Mortgage
$230,000
Outstanding Balance
$185,345
Interest Rate
3.96%
Mortgage Type
VA
Estimated Equity
$332,049

Purchase Details

Listed on
May 7, 2015
Closed on
Jul 22, 2015
Sold by
Papefthemiou Michelle and Cfna Receivables Inc
Bought by
Citifinancial Servicin
Seller's Agent
Scott Godzyk
Godzyk Real Estate Services
Buyer's Agent
Henry Matos
Coldwell Banker Realty Salem
List Price
$166,400
Sold Price
$151,000
Premium/Discount to List
-$15,400
-9.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
290.65%

Purchase Details

Closed on
Feb 3, 2015
Sold by
Salem Town Of
Bought by
Papaffthemiou Michelle

Purchase Details

Closed on
Jul 13, 2006
Sold by
Mailloux Robert J and Mailloux Susan M
Bought by
Papaefthemiou Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 1, 2003
Sold by
Finzen Chanel E
Bought by
Mailloux Robert J and Mailloux Susan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
5.53%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 29, 1996
Sold by
Wilson David J
Bought by
Finzen Chanel E
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 Type Sale Price Title Company
Warranty Deed $253,000 --
Foreclosure Deed $162,260 --
Deed -- --
Deed $260,000 --
Warranty Deed $225,000 --
Warranty Deed $79,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $70,000 Second Mortgage Made To Cover Down Payment
Closed $50,000 Stand Alone Refi Refinance Of Original Loan
Open $230,000 VA
Previous Owner $238,126 Unknown
Previous Owner $208,000 Purchase Money Mortgage
Previous Owner $225,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2016 01/08/16 Sold $250,000 +4.2% $156 / Sq Ft
11/30/2015 11/30/15 Pending -- -- --
11/18/2015 11/18/15 Price Changed $240,000 -11.1% $150 / Sq Ft
11/07/2015 11/07/15 Price Changed $269,900 -3.6% $169 / Sq Ft
10/27/2015 10/27/15 Price Changed $279,900 -1.8% $175 / Sq Ft
10/24/2015 10/24/15 For Sale $285,000 +88.7% $178 / Sq Ft
08/26/2015 08/26/15 Sold $151,000 -9.3% $78 / Sq Ft
05/11/2015 05/11/15 Pending -- -- --
05/07/2015 05/07/15 For Sale $166,400 -- $86 / Sq Ft
Source: PrimeMLS

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
2024 $5,896 $335,000 $127,800 $207,200
2023 $5,682 $335,000 $127,800 $207,200
2022 $5,377 $335,000 $127,800 $207,200
2021 $5,353 $335,000 $127,800 $207,200
2020 $4,943 $224,500 $91,200 $133,300
2019 $4,935 $224,500 $91,200 $133,300
2018 $4,851 $224,500 $91,200 $133,300
2017 $4,545 $218,100 $91,200 $126,900
2016 $4,456 $218,100 $91,200 $126,900
2015 $4,210 $196,800 $95,800 $101,000
2014 -- $196,800 $95,800 $101,000
2013 $4,027 $196,800 $95,800 $101,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4419666

PrimeMLS

APN: SLEM-000136-000366