NOT LISTED FOR SALE
6 Beds
4.5 Baths
7,416 Sq Ft
6,477 Sq Ft Lot

Sale Details

Date Sold: February 28, 2024

Last sale price $1,750,000 $236 Per Sq Ft

15 Days on Market

Highlights

  • Medical Services
  • Deck
  • Wood Flooring
  • 0.15 Acre Lot
  • Property is near public transit and schools
  • 1-minute walk to Salem Common

About This Home

As of February 2024

An elegant, urbane, and sophisticated lifestyle awaits you in this magnificent, brick Federal gem overlooking Salem Common. The White Silsbee House has grand and elegantly appointed rooms coupled with a complete, luxurious, and intelligently designed 21st century renovation. The home features a spectacular white kitchen with classic soapstone countertops, and superbly finished spa baths, and commercial grade systems. There are handsome oak hardwood floors in the rooms, also graced with 10 stunning fireplaces, and an exquisite wine grotto, plus a huge billiards/party room. The courtyard, complete with stunning garden and a grand mahogany deck is perfect for al fresco dining . Two Oliver Street is the hub of everything Salem has to offer including Peabody Essex Museum, train, and fabulous dining opportunities. Superbly renovated carriage house with garage and lovely 1 bedroom apartment complete this masterpiece! Potential for owner occupied B&B.

Last Agent to Sell the Property

Ted Richard

J. Barrett & Company Listed on: 01/10/2024

Last Buyer's Agent

Kathleen Murphy

Gibson Sotheby's International Realty

Gibson Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $22,099

Year Built

  • Built in 1810 | Remodeled

Lot Details

  • 6,477 Sq Ft Lot
  • Corner Lot

Parking

  • 2 Car Garage
  • Tandem Parking
  • Driveway
  • Open Parking
  • Off-Street Parking

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Shingle Roof
  • Rubber Roof
  • Marble or Granite Building Materials

Interior Spaces

  • 7,416 Sq Ft Home
  • Property has 3 Levels
  • 9 Fireplaces
  • Gas Fireplace
  • Insulated Doors

Kitchen

  • Built-In Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms

Laundry

  • Laundry Room
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Home Security

  • Storm Windows
  • Storm Doors

Outdoor Features

  • Deck
  • Patio

Location

  • Property is near public transit and schools

Utilities

  • Cooling Available
  • Heating Available
  • Natural Gas Connected

Listing and Financial Details

  • Total Actual Rent $2,000
  • Rent includes unit 1(water), unit 2(water)
  • Tax Lot 99
  • Assessor Parcel Number M:35 L:0099,2136250

Community Details

Amenities

  • Medical Services
  • Shops

Recreation

  • Community Pool
  • Park

Additional Features

  • 2 Units
  • Net Operating Income $24,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$22,099

Year Built

Built in 1810 | Remodeled

Lot Details

6,477 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Property Condition: Unit 1 Remodeled
  • Year Built: 1810
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 4

Interior Features

  • Flooring: Wood,Tile,Hardwood
  • Interior Amenities: Unit 1(Storage,Internet Available - Broadband), Unit 2(Ceiling Fans), Unit 1 Rooms(Living Room,Dining Room,Kitchen,Family Room), Unit 2 Rooms(Living Room,Kitchen)
  • Door Features: Insulated Doors, Storm Door(s)
  • Fireplace Features: Unit 1(Fireplace - Natural Gas)
  • Fireplace YN: Yes
  • Fireplaces: 9
  • Appliances: Unit 1(Wall Oven,Countertop Range,Refrigerator,Washer,Dryer), Unit 2(Range,Dishwasher,Disposal,Refrigerator), Utility Connections for Gas Range, Utility Connections for Electric Oven, Utility Connections for Electric Dryer
  • Total Bedrooms: 6
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5
  • Laundry Features: Washer Hookup, Unit 1 Laundry Room
  • Basement: Full, Partially Finished, Interior Entry
  • Living Area: 7416
  • Spa YN: No
  • Stories Total: 4
  • Window Features: Storm Window(s)
  • MAIN LO: C95243
  • MAIN SO: BB5918

Exterior Features

  • Exterior Features: Deck,Patio
  • Construction Materials: Brick
  • Foundation Details: Brick/Mortar, Granite
  • Home Warranty YN: No
  • Patio And Porch Features: Deck, Patio
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle, Rubber
  • Waterfront Features: Beach Front, Harbor, Ocean, 1/10 to 3/10 To Beach, Beach Ownership(Public)
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Tandem
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Oven, for Electric Dryer, Washer Hookup
  • Cooling: Unit 2(Central Air)
  • Heating: Unit 1(Central Heat,Unit Control,Hydro Air), Unit 2(Forced Air)
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • SEWAGE DISTRICT: SESD
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Pool, Park, Medical Facility, House of Worship, Public School, T-Station, Sidewalks
  • Rent Includes: Unit 1(Water), Unit 2(Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:35 L:0099,2136250
  • Zoning: R2
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.15
  • Lot Size Sq Ft: 6477
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 22099
  • Tax Lot: 99

Multi Family

  • Net Operating Income: 24000
  • Number Of Units Total: 2
  • Total Actual Rent: 2000
  • LEVELS 1: 3
  • Basement Included Sq Ft: No
  • LEASE 2: N
  • LEASE 1: N

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2024
Closed on
Feb 21, 2024
Sold by
Bought by
Seller's Agent
Ted Richard
J. Barrett & Company
Buyer's Agent
Kathleen Murphy
Gibson Sotheby's International Realty
List Price
$1,875,000
Sold Price
$1,750,000
Premium/Discount to List
-$125,000
-6.67%
Views
667

Purchase Details

Listed on
Oct 10, 2020
Closed on
Dec 3, 2020
Sold by
Bought by
Seller's Agent
Lubeck Rausch Team
William Raveis R.E. & Home Services
Buyer's Agent
Non Member
Non Member Office
List Price
$1,675,000
Sold Price
$1,575,000
Premium/Discount to List
-$100,000
-5.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.34%

Purchase Details

Closed on
Jul 17, 2002
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,750,000 None Available
$1,575,000 None Available
$680,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $115,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/28/2024 02/28/24 Sold $1,750,000 -6.7% $236 / Sq Ft
01/26/2024 01/26/24 Pending -- -- --
01/10/2024 01/10/24 For Sale $1,875,000 +19.0% $253 / Sq Ft
12/14/2020 12/14/20 Sold $1,575,000 -6.0% $212 / Sq Ft View Prior Sale
11/11/2020 11/11/20 Pending -- -- --
10/10/2020 10/10/20 For Sale $1,675,000 -- $226 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $20,857 $1,839,200 $261,300 $1,577,900
2024 $22,656 $1,949,700 $242,600 $1,707,100
2023 $22,099 $1,766,500 $224,000 $1,542,500
2022 $19,952 $1,505,800 $211,500 $1,294,300
2021 $20,396 $1,478,000 $211,500 $1,266,500
2020 $20,796 $1,439,200 $211,500 $1,227,700
2019 $19,935 $1,320,200 $205,300 $1,114,900
2018 $17,858 $1,161,100 $196,000 $965,100
2017 $17,254 $1,087,900 $177,300 $910,600
2016 $17,047 $1,087,900 $177,300 $910,600
2015 $17,488 $1,065,700 $164,900 $900,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73192304

MLS Property Information Network (MLS PIN)

APN: SALE M:35 L:0099

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