Seller's Agent in 2024
Sheri Trocchi
J. Barrett & Company
(617) 852-4051
2 in this area
68 Total Sales
2 Phelps St Salem, MA 01970
Downtown Salem NeighborhoodEstimated Value: $661,000 - $828,000
5
Beds
2.5
Baths
2,778
Sq Ft
$277/Sq Ft
Est. Value
Highlights
- Medical Services
- Wood Flooring
- Tandem Parking
- Property is near public transit
- Enclosed Patio or Porch
- 3-minute walk to Bunny Puttman Park
About This Home
As of December 2024Generous 2 Family, perfect for owner occupancy or income generating investment property! Each unit has 11 year old gas furnaces with central air. Newer roof, 3 car tandem parking, ample basement storage with washer/dryer hookups. The first floor unit features 2 large bedrooms, living room, dining room, full bath and eat in kitchen with alcove. Second unit offers a living room, dining room, full bath, eat in kitchen with alcove and1 large bedroom on the second floor with 2 more bedrooms and half bath on the third. A back deck on each floor overlooks the tree lined yard. The sunny front porches overlook a quiet cul-de-sac. This location set just off of Broad St and is convenient to all that Salem has to offer. Close to Essex St for an easy in and out of Salem and just blocks from downtown shops and restaurants.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,776
Year Built
- Built in 1920
Lot Details
- 3,598
Home Design
- Duplex
- Stone Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 2,778 Sq Ft Home
- Property has 1 Level
- Insulated Windows
- Living Room
- Dining Room
- Washer and Electric Dryer Hookup
Kitchen
- Range
- Dishwasher
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
- Block Basement Construction
Parking
- 3 Car Parking Spaces
- Tandem Parking
- Driveway
- Paved Parking
- Open Parking
- Off-Street Parking
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
Additional Features
- Enclosed Patio or Porch
- 3,598 Sq Ft Lot
- Property is near public transit
Listing and Financial Details
- Total Actual Rent $3,000
- Rent includes unit 1(water), unit 2(water)
- Assessor Parcel Number 2131742
Community Details
Amenities
- Medical Services
- Shops
- Coin Laundry
Additional Features
- 2 Units
- Net Operating Income $36,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 12, 2014
Sold by
Ingemi Peter and Ingemi Debra J
Bought by
P & D Rt
Current Estimated Value
Purchase Details
Listed on
Jun 10, 2013
Closed on
Jul 15, 2013
Sold by
Beaupre Rt and Beaupre
Bought by
Ingemi Peter and Ingemi Debra J
Seller's Agent
Jack Hyland Jr.
John L. Hyland Jr.
Buyer's Agent
Jack Hyland Jr.
John L. Hyland Jr.
List Price
$319,000
Sold Price
$315,000
Premium/Discount to List
-$4,000
-1.25%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.46%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| P & D Rt | -- | -- | |
| Ingemi | -- | -- | |
| Ingemi Peter | $315,000 | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/05/2024 12/05/24 | Sold | $785,000 | -1.8% | $283 / Sq Ft | |
| 10/23/2024 10/23/24 | Pending | -- | -- | -- | |
| 10/15/2024 10/15/24 | Price Changed | $799,000 | -6.7% | $288 / Sq Ft | |
| 09/25/2024 09/25/24 | For Sale | $856,500 | +171.9% | $308 / Sq Ft | |
| 07/15/2013 07/15/13 | Sold | $315,000 | -1.3% | $145 / Sq Ft | View Prior Sale |
| 06/15/2013 06/15/13 | Pending | -- | -- | -- | |
| 06/10/2013 06/10/13 | For Sale | $319,000 | -- | $146 / 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 | $8,122 | $716,200 | $198,000 | $518,200 |
| 2024 | $7,776 | $669,200 | $188,200 | $481,000 |
| 2023 | $7,594 | $607,000 | $173,700 | $433,300 |
| 2022 | $7,571 | $571,400 | $167,900 | $403,500 |
| 2021 | $7,191 | $521,100 | $156,300 | $364,800 |
| 2020 | $6,969 | $482,300 | $147,600 | $334,700 |
| 2019 | $6,908 | $457,500 | $140,100 | $317,400 |
| 2018 | $6,401 | $416,200 | $133,200 | $283,000 |
| 2017 | $5,995 | $378,000 | $112,300 | $265,700 |
| 2016 | $5,842 | $372,800 | $107,100 | $265,700 |
| 2015 | $5,519 | $336,300 | $98,400 | $237,900 |
Source: Public Records
Agents Affiliated with this Home
-
Sheri Trocchi
-
Kristopher Gergler
K
Buyer's Agent in 2024
Kristopher Gergler
J. Barrett & Company
(617) 543-2889
1 in this area
63 Total Sales
-
Jack Hyland Jr.
J
Seller's Agent in 2013
Jack Hyland Jr.
John L. Hyland Jr.
4 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73294627
APN: SALE-000025-000000-000352
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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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