Seller's Agent in 2023
Ted Richard
J. Barrett & Company
(978) 921-1117
4 in this area
67 Total Sales
2 Pickman St Salem, MA 01970
Salem Common Neighborhood
6
Beds
6
Baths
3,246
Sq Ft
3,219
Sq Ft Lot
Highlights
- Property is near public transit
- Fenced Yard
- 3-minute walk to Salem Common
- Wood Flooring
- Park
About This Home
As of November 2023Exceptional 6 unit investment property steps to Historic Salem Common, Downtown, and commuter rail. These studios and one bedrooms are ideal apartments with almost zero vacancy. There are great bones, newer heating and hot water, and freshly painted trim along with a new roof. Apartments are way below market rents but all are tenants at will.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,246
Year Built
- Built in 1885
Lot Details
- 3,219 Sq Ft Lot
- Fenced Yard
Home Design
- Frame Construction
- Shingle Roof
- Marble or Granite Building Materials
Interior Spaces
- 3,246 Sq Ft Home
- Wood Flooring
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Full Bathrooms
Parking
- Driveway
- On-Street Parking
- Open Parking
Utilities
- 1 Heating Zone
- 200+ Amp Service
Additional Features
- Bulkhead
- Property is near public transit
Listing and Financial Details
- Total Actual Rent $4,775
- Assessor Parcel Number M:35 L:0068,2136211
Community Details
Overview
- 6 Units
- Property has 1 Level
Recreation
- Park
Building Details
- Net Operating Income $69,300
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
Jul 31, 2023
Closed on
Nov 27, 2023
Sold by
Bought by
Seller's Agent
Ted Richard
J. Barrett & Company
Buyer's Agent
Herrick Lutts Realty Partners
Herrick Lutts Realty Partners
List Price
$1,200,000
Sold Price
$1,200,000
Views
31
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
0.0757%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 21, 1984
Bought by
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| $1,200,000 | None Available | ||
| $78,300 | -- |
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 |
|---|---|---|---|
| Open | $1,000,000 |
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 |
|---|---|---|---|---|
| 11/28/2023 11/28/23 | Sold | $1,200,000 | 0.0% | $370 / Sq Ft |
| 08/04/2023 08/04/23 | Pending | -- | -- | -- |
| 07/31/2023 07/31/23 | For Sale | $1,200,000 | -- | $370 / 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 | $10,588 | $933,700 | $196,100 | $737,600 |
| 2024 | $9,503 | $817,800 | $186,300 | $631,500 |
| 2023 | $9,246 | $739,100 | $172,000 | $567,100 |
| 2022 | $9,162 | $691,500 | $166,200 | $525,300 |
| 2021 | $8,998 | $652,000 | $154,800 | $497,200 |
| 2020 | $8,579 | $593,700 | $146,200 | $447,500 |
| 2019 | $8,285 | $548,700 | $138,700 | $410,000 |
| 2018 | $7,613 | $495,000 | $131,800 | $363,200 |
| 2017 | $7,376 | $465,100 | $111,200 | $353,900 |
| 2016 | $7,208 | $460,000 | $106,100 | $353,900 |
| 2015 | $7,258 | $442,300 | $97,500 | $344,800 |
Source: Public Records
Agents Affiliated with this Home
-
Ted Richard
-
Herrick Lutts Realty Partners
H
Buyer's Agent in 2023
Herrick Lutts Realty Partners
Herrick Lutts Realty Partners
4 in this area
198 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73142461
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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