NOT LISTED FOR SALE

2 Forest Rd Salisbury, MA 01952

10 Beds
5 Baths
5,200 Sq Ft
0.5 Acres

Last Sold June 30, 2016

Last sale price $450,000 $87 Per Sq Ft

130 Days on Market

About This Home

As of June 2016

Great location! Two huge buildings, attached, on large corner lot, with maximum exposure to Route 1. Property needs work, but is fully occupied. Separate utilities with plenty of parking. Below market rents grossing over $50,000 a year. One 5rm/3bdrm unit. Three 4rm/2bdrm. One 2rm/1bdrm unit. All occupants are TAW. Manage as is or expand. Buyers are responsible for all due diligence pertaining to additional development.

Last Agent to Sell the Property

Raymond Clements

Investment Property Advisors Listed on: 12/28/2015

Last Buyer's Agent

Jill Mandragouras

RE/MAX Bentley's

RE/MAX Bentley's

Property Details

Home Type

Multi-Family

Year Built

1910

Lot Details

0

Listing Details

  • Lot Description: Corner
  • Property Type: Multi-family
  • Other Agent: 2.00
  • Lead Paint: Unknown
  • Insc: 2732
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1910

Interior Features

  • Has Basement: No
  • Number of Rooms: 9
  • Total Levels: 3

Exterior Features

  • Construction: Frame
  • Foundation: Granite

Garage/Parking

  • Parking: Off-Street
  • Parking Spaces: 10

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 5

Lot Info

  • Zoning: Commercial

Multi Family

  • Expenses Year End: 12/15
  • Total Bedrooms: 10
  • Total Floors: 3
  • Total Full Baths: 5
  • Total Levels: 3
  • Total Rms: 19
  • Total Rent_1: 4225

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
Not Available
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

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2016 06/30/16 Sold $450,000 -20.9% $87 / Sq Ft
05/06/2016 05/06/16 Pending -- -- --
04/05/2016 04/05/16 Price Changed $569,000 0.0% $109 / Sq Ft
04/05/2016 04/05/16 For Sale $569,000 +26.4% $109 / Sq Ft
03/31/2016 03/31/16 Off Market $450,000 -- --
02/18/2016 02/18/16 Price Changed $600,000 -7.6% $115 / Sq Ft
12/28/2015 12/28/15 For Sale $649,000 -- $125 / 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 $5,820 $577,400 $165,500 $411,900
2024 $6,034 $577,400 $165,500 $411,900
2023 $6,236 $577,400 $165,500 $411,900
2022 $6,248 $560,900 $149,000 $411,900
2021 $6,292 $558,800 $149,000 $409,800
2020 $5,737 $500,600 $149,000 $351,600
2019 $5,586 $471,000 $144,800 $326,200
2018 $5,334 $452,800 $135,000 $317,800
2017 $5,257 $441,000 $124,100 $316,900
2016 $4,296 $368,100 $120,000 $248,100
2015 $3,942 $335,500 $111,700 $223,800
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2016

    Raymond Clements

    Investment Property Advisors

    Section Image
  • Jill Mandragouras

    Buyer's Agent in 2016

    Jill Mandragouras

    RE/MAX

    (508) 843-6393

    2 in this area

    39 Total Sales

    Jill Mandragouras
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71943491

MLS Property Information Network (MLS PIN)
Massachusetts Essex County Salisbury 01952

2 Forest Rd, Salisbury, MA

Not Listed for Sale

MultiFamily

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