NOT LISTED FOR SALE

Estimated Value: $1,170,000 - $1,543,000

4 Beds
3 Baths
3,363 Sq Ft
$379/Sq Ft Est. Value

Last Sold March 30, 2016

Last sale price $699,000 $208 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $7,807/month

117 Days on Market

About This Home

As of March 2016

Two Salt Wall Lane is one of Salem's most sought after homes and has been featured in magazines. The property in located in lovely North Salem neighborhood and boasts fireplaced living room, separate dining room, country kitchen, family room, 4 bedrooms , 3 full baths, including 1st floor bedroom and bath, master suite with private bath, lower level great room, professionally landscaped grounds and 2 car garage. This gracious property has had just 2 owners and has been meticulously maintained.

Last Agent to Sell the Property

Merry Fox Team

MerryFox Realty Listed on: 09/08/2015

Last Buyer's Agent

Mary Stewart

Compass

Compass

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,611

Year Built

1950

Lot Details

0

Listing Details

  • Lot Description: Corner
  • Property Type: Single Family
  • Other Agent: 2.50
  • Lead Paint: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1950

Interior Features

  • Appliances: Range, Dishwasher, Disposal, Refrigerator
  • Fireplaces: 3
  • Has Basement: Yes
  • Fireplaces: 3
  • Primary Bathroom: Yes
  • Number of Rooms: 8
  • Amenities: Public Transportation, Tennis Court, Golf Course, Marina, T-Station, University
  • Electric: Circuit Breakers
  • Flooring: Hardwood
  • Basement: Finished
  • Bedroom 2: First Floor
  • Bedroom 3: Second Floor
  • Bedroom 4: Second Floor
  • Kitchen: First Floor
  • Laundry Room: First Floor
  • Living Room: First Floor
  • Master Bedroom: Second Floor
  • Dining Room: First Floor
  • Family Room: First Floor
  • Oth1 Room Name: Great Room

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Brick
  • Exterior: Brick
  • Exterior Features: Porch - Enclosed, Patio, Garden Area
  • Foundation: Poured Concrete

Garage/Parking

  • Garage Parking: Attached
  • Garage Spaces: 2
  • Parking Spaces: 2

Utilities

  • Heating: Gas
  • Hot Water: Natural Gas
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Lot Info

  • Zoning: R1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2015
Closed on
Mar 30, 2016
Sold by
2 Salt Wall Lane Rt
Bought by
Gross Jeffrey M and Breskin Julie G
Seller's Agent
Merry Fox Team
MerryFox Realty
Buyer's Agent
Mary Stewart
Compass
List Price
$699,000
Sold Price
$699,000
Current Estimated Value
$1,274,206

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$575,206
Avg. Annual Appreciation
6.50%
Original Mortgage
$559,200
Outstanding Balance
$443,812
Interest Rate
3.65%
Mortgage Type
Unknown
Estimated Equity
$830,394

Purchase Details

Closed on
Jul 19, 2012
Sold by
Walsh Charles B and Walsh Joyce M
Bought by
Salt Wall Lane Rt

Purchase Details

Closed on
Feb 24, 2012
Sold by
Walsh Charles B and Walsh Joyce M
Bought by
Salt Wall Lane Rt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,750
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 25, 2010
Sold by
Walsh Charles B and Walsh Joyce M
Bought by
Walsh Tr Charles B and Walsh Joyce M
Source: Public Records

Range of Values:

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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

Purchase History

Date Buyer Sale Price Title Company
Gross Jeffrey M $699,000 --
2 Salt Wall Lane Rt -- --
Salt Wall Lane Rt -- --
Walsh Charles B -- --
Salt Wall Lane Rt -- --
Walsh Charles B -- --
Walsh Tr Charles B -- --
Walsh Charles B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gross Jeffrey M $559,200
Previous Owner Walsh Charles B $229,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/30/2016 03/30/16 Sold $699,000 0.0% $208 / Sq Ft
01/03/2016 01/03/16 Pending -- -- --
09/08/2015 09/08/15 For Sale $699,000 -- $208 / 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 $12,611 $1,112,100 $263,300 $848,800
2024 $12,081 $1,039,700 $263,300 $776,400
2023 $11,125 $889,300 $205,900 $683,400
2022 $10,693 $807,000 $205,900 $601,100
2021 $10,996 $796,800 $205,900 $590,900
2020 $10,687 $739,600 $205,900 $533,700
2019 $10,470 $693,400 $195,800 $497,600
2018 $10,295 $669,400 $195,700 $473,700
2017 $9,776 $616,400 $178,900 $437,500
2016 $9,659 $616,400 $178,900 $437,500
2015 $9,767 $595,200 $178,900 $416,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71900408

MLS Property Information Network (MLS PIN)

APN: SALE-000027-000000-000600