M
Seller's Agent in 2017
Merry Fox Team
MerryFox Realty
21 in this area
272 Total Sales
2 Emerton St Salem, MA 01970
Salem Common Neighborhood
8
Beds
3
Baths
3,774
Sq Ft
2,614
Sq Ft Lot
About This Home
As of October 2017Location & Square footage sum up this property, this is the largest for $ ! Walking distance to Salem downtown business center, salem nightlife, restaurants & bars.Only five minutes away from public transportation and the Commuter Boat and Train to Boston. There also is a sandy beach within two blocks of the property. Salem Common area unique multi-unit investment opportunity. This unique property features four double-occupancy rooms and two single-occupancy rooms totaling 10 beds. In addition to the rooms, the top floor features a two-bedroom apartment. Current use is a sober house. Sprinklered with hard-wired fire safety throughout. This property is an incredible value, location and price so this will not be available long at all so act, act, act or miss out!!! The property only has the top floor separate apartment rented so that the property can be more easily shown to it's next owner. Best opportunity for the largest house for the money in Salem, hurry before this one is gone.
Last Agent to Sell the Property
Tobias Vieira
Regents New England Real Estate Listed on: 07/15/2014
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$7,895
Year Built
1850
Lot Details
0
Listing Details
- Lot Description: Corner
- Property Type: Multi-family
- Commission: 2.00
- Other Agent: 2.00
- Seller Agency: 2.00
- Sub-Agency Relationship Offered: Yes
- Lead Paint: Unknown
- Year Round: Yes
- Special Features: None
- Property Sub Type: MultiFamily
- Year Built: 1850
Interior Features
- Has Basement: Yes
- Number of Rooms: 9
- Amenities: Public Transportation, Park, Walk/Jog Trails
- Electric: 110 Volts
- Basement: Full
- Total Levels: 9
Exterior Features
- Roof: Asphalt/Fiberglass Shingles
- Construction: Frame
- Exterior: Shingles
- Exterior Features: Sprinkler System
- Foundation: Brick
Garage/Parking
- Parking: On Street Permit
Utilities
- Hot Water: Oil
- Sewer: City/Town Sewer
- Water: City/Town Water
- Sewage District: Salem
Condo/Co-op/Association
- Total Units: 2
Schools
- Elementary School: Salem
- Middle School: Salem
- High School: Salem
Lot Info
- Assessor Parcel Number: M:35 L:0449
- Zoning: R2
- Lot: L:0449
Multi Family
- Expenses Year End: 12/13
- Foundation: 8765
- Heat Units: 1
- Total Bedrooms: 8
- Total Floors: 6
- Total Full Baths: 3
- Total Levels: 3
- Total Rms: 10
- Total Rent_1: 6300
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 14, 2022
Sold by
David Cole and Epps Bradley S
Bought by
Cole R Cole D and Cole B T
Current Estimated Value
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Condominium Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $369,395 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $380,000 | New Conventional | |
| Previous Owner | $70,000 | Commercial | |
| Previous Owner | $512,150 | Commercial | |
| Previous Owner | $306,000 | Commercial | |
| Previous Owner | $75,000 | Commercial | |
| Previous Owner | $100,000 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/13/2017 10/13/17 | Sold | $560,000 | +1.8% | $269 / Sq Ft |
| 09/12/2017 09/12/17 | Pending | -- | -- | -- |
| 07/30/2017 07/30/17 | Price Changed | $549,999 | -8.2% | $264 / Sq Ft |
| 07/07/2017 07/07/17 | For Sale | $599,000 | +100.3% | $287 / Sq Ft |
| 07/28/2016 07/28/16 | Sold | $299,000 | -6.3% | $79 / Sq Ft |
| 04/25/2016 04/25/16 | Pending | -- | -- | -- |
| 04/12/2016 04/12/16 | Price Changed | $319,000 | 0.0% | $85 / Sq Ft |
| 04/12/2016 04/12/16 | For Sale | $319,000 | -20.1% | $85 / Sq Ft |
| 10/09/2015 10/09/15 | Pending | -- | -- | -- |
| 07/15/2014 07/15/14 | For Sale | $399,000 | -- | $106 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $7,895 | $696,200 | $0 | $696,200 |
| 2024 | $7,828 | $673,700 | $0 | $673,700 |
| 2023 | $8,011 | $640,400 | $0 | $640,400 |
| 2022 | $8,002 | $603,900 | $0 | $603,900 |
| 2021 | $7,957 | $576,600 | $0 | $576,600 |
| 2020 | $7,865 | $544,300 | $0 | $544,300 |
| 2019 | $7,831 | $518,600 | $0 | $518,600 |
Source: Public Records
Agents Affiliated with this Home
-
Merry Fox Team
-
Brady Sokoloski
Buyer's Agent in 2017
Brady Sokoloski
Century 21 Shawmut Properties
(617) 893-1000
5 Total Sales
-
T
Seller's Agent in 2016
Tobias Vieira
Regents New England Real Estate
-
Carl Walker
C
Buyer's Agent in 2016
Carl Walker
Cameron Real Estate Group
(781) 486-3180
9 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 71714054
APN: SALE M:35 L:0449 S:801
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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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