S
Seller's Agent in 2021
Sam Lockard
Bay Colony Realty
2 Felt St Salem, MA 01970
North Salem NeighborhoodEstimated Value: $853,000 - $943,000
3
Beds
2
Baths
2,166
Sq Ft
$417/Sq Ft
Est. Value
Highlights
- River View
- Attic
- Enclosed Patio or Porch
- Wood Flooring
- Fenced Yard
- Garden
About This Home
As of August 2021Enjoy water views in this sought after North Salem neighborhood! This classic 1920's colonial has been renovated and updated yet it retains the charm and craftsmanship of a bygone era. Enjoy morning coffee watching the sun come up over the river in the enclosed side porch. Work from home in the light-filled first floor home office. Features include updated kitchen, 2 updated bathrooms, oak floors throughout, wood burning fireplace, built-in china cabinet, wainscoting/paneling found throughout, fenced-in backyard, brick patio, copper downspouts, and a detached garage. The location provides easy access to both downtown Salem and Beverly in addition to being less than a mile to the Salem MBTA Commuter Rail station. Showings begin at open houses, Saturday & Sunday, 11-1. Appointment not required - Covid protocols apply. Agent may limit the number of people inside at one time. Offers due Monday, 5/24, at 5:00pm.
Last Agent to Sell the Property
Sam Lockard
Bay Colony Realty Listed on: 05/18/2021
Last Buyer's Agent
Leslie Pappas
Coldwell Banker Realty - Beverly License #454007431
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,613
Year Built
- Built in 1920
Lot Details
- Year Round Access
- Fenced Yard
- Garden
- Property is zoned R1
Parking
- 1 Car Garage
Interior Spaces
- Window Screens
- River Views
- Attic
- Basement
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Tile
Laundry
- Dryer
- Washer
Outdoor Features
- Enclosed Patio or Porch
- Rain Gutters
Schools
- Salem Public High School
Utilities
- Window Unit Cooling System
- Heating System Uses Steam
- Heating System Uses Oil
- Oil Water Heater
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number M:27 L:0611
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 18, 2021
Closed on
Aug 5, 2021
Sold by
Thomas Richard
Bought by
Cortez Brenna and Cortez Jose
Seller's Agent
Sam Lockard
Bay Colony Realty
Buyer's Agent
Leslie Pappas
Coldwell Banker Realty - Beverly
List Price
$629,900
Sold Price
$784,900
Premium/Discount to List
$155,000
24.61%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,234
Avg. Annual Appreciation
3.44%
Original Mortgage
$724,500
Outstanding Balance
$659,777
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$244,357
Purchase Details
Listed on
Apr 30, 2014
Closed on
Jan 28, 2015
Sold by
Bassett Justine N
Bought by
Thomas Richard
Seller's Agent
Daniel Meegan
J. Barrett & Company
Buyer's Agent
Mimi Smith
J. Barrett & Company
List Price
$369,900
Sold Price
$354,000
Premium/Discount to List
-$15,900
-4.3%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.99%
Original Mortgage
$318,600
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Sep 29, 2006
Sold by
Melnick Michael B and Hewson Shari R M
Bought by
Bassett Justine N and Bassett Eric W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$404,000
Interest Rate
6.52%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 18, 2002
Sold by
Rakoc John E and Rakoc Joanne M
Bought by
Pelletier Arthur A and Pelletier Patricia L
Purchase Details
Closed on
Jan 22, 1998
Sold by
Rakoo Regina A
Bought by
Rakoo John E and Rakoo Joanne M
Purchase Details
Closed on
Dec 2, 1997
Sold by
Rakoc Regina A
Bought by
Rakoc John E and Rakoc Joanne M
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cortez Brenna | $784,900 | None Available | |
| Thomas Richard | $354,000 | -- | |
| Bassett Justine N | $505,000 | -- | |
| Pelletier Arthur A | $395,000 | -- | |
| Rakoo John E | $81,300 | -- | |
| Rakoc John E | $65,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Cortez Brenna | $724,500 | |
| Previous Owner | Thomas Richard | $318,600 | |
| Previous Owner | Rakoc John E | $76,923 | |
| Previous Owner | Rakoc John E | $404,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/05/2021 08/05/21 | Sold | $784,900 | +24.6% | $362 / Sq Ft | |
| 05/25/2021 05/25/21 | Pending | -- | -- | -- | |
| 05/18/2021 05/18/21 | For Sale | $629,900 | +77.9% | $291 / Sq Ft | |
| 01/28/2015 01/28/15 | Sold | $354,000 | 0.0% | $163 / Sq Ft | View Prior Sale |
| 11/10/2014 11/10/14 | Pending | -- | -- | -- | |
| 09/21/2014 09/21/14 | Off Market | $354,000 | -- | -- | |
| 09/13/2014 09/13/14 | Price Changed | $359,900 | -2.7% | $166 / Sq Ft | |
| 09/08/2014 09/08/14 | For Sale | $369,900 | +4.5% | $171 / Sq Ft | |
| 05/02/2014 05/02/14 | Off Market | $354,000 | -- | -- | |
| 04/30/2014 04/30/14 | For Sale | $369,900 | -- | $171 / 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 | $8,613 | $759,500 | $248,900 | $510,600 |
| 2024 | $8,516 | $732,900 | $248,900 | $484,000 |
| 2023 | $7,694 | $615,000 | $194,700 | $420,300 |
| 2022 | $6,948 | $524,400 | $194,700 | $329,700 |
| 2021 | $6,438 | $466,500 | $194,700 | $271,800 |
| 2020 | $6,439 | $445,600 | $194,700 | $250,900 |
| 2019 | $6,321 | $418,600 | $185,100 | $233,500 |
| 2018 | $6,264 | $407,300 | $185,100 | $222,200 |
| 2017 | $6,081 | $383,400 | $169,100 | $214,300 |
| 2016 | $6,008 | $383,400 | $169,100 | $214,300 |
| 2015 | $6,484 | $395,100 | $169,100 | $226,000 |
Source: Public Records
Agents Affiliated with this Home
-
-
L
Buyer's Agent in 2021
Leslie Pappas
Coldwell Banker Realty - Beverly
-
Daniel Meegan
Seller's Agent in 2015
Daniel Meegan
J. Barrett & Company
(617) 388-8500
22 in this area
73 Total Sales
-
Mimi Smith
Buyer's Agent in 2015
Mimi Smith
J. Barrett & Company
(978) 828-4430
2 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72833101
APN: SALE-000027-000000-000611
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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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