20 Hathorne St Salem, MA 01970
Broad Street NeighborhoodEstimated Value: $949,000 - $1,092,000
7
Beds
3.5
Baths
4,731
Sq Ft
$214/Sq Ft
Est. Value
Highlights
- Golf Course Community
- Waterfront
- Property is near public transit
- Medical Services
- Deck
- 1-minute walk to Bunny Puttman Park
About This Home
As of May 2022Exceptional Opportunity to restore and reside in a lovely antique or to consider potential condominium conversion. Loaded with charm and character, this stately three family sits on the edge of Salem's highly desirable McIntire District. Some of its many unique features include beautiful moldings, nice detail, tall ceilings, wood flooring, handsome fireplaces and a gracious welcoming foyer. Property has 4+ car parking, patio and gardening areas. Information is limited and approximate as this is part of an estate. Currently 2 units are leased at TAW occupancy. Long-term tenants with very low rents. Property needs significant work and is being sold in "as is" condition with tenants to remain with sale. Buyer to perform due diligence. First showings will include basement and one unit.
Last Agent to Sell the Property
Keller Williams Realty Evolution Listed on: 04/08/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,828
Year Built
- Built in 1875
Lot Details
- 6,534 Sq Ft Lot
- Waterfront
- Corner Lot
- Level Lot
- Cleared Lot
- Garden
Home Design
- Brick Foundation
- Stone Foundation
- Frame Construction
- Slate Roof
Interior Spaces
- 4,731 Sq Ft Home
- 3 Fireplaces
- Wood Burning Fireplace
- Wood Flooring
Bedrooms and Bathrooms
- 7 Bedrooms
Laundry
- Laundry Room
- Washer Hookup
Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
- Dirt Floor
Home Security
- Storm Windows
- Storm Doors
Parking
- 4 Car Parking Spaces
- Off-Street Parking
Outdoor Features
- Walking Distance to Water
- Bulkhead
- Deck
- Patio
Location
- Property is near public transit
Schools
- Collins Middle School
- Salem High/Char School
Utilities
- 3 Heating Zones
- Natural Gas Connected
Listing and Financial Details
- Total Actual Rent $2,525
- Assessor Parcel Number M:25 L:0308,2131695
Community Details
Overview
- 3 Units
- Property has 1 Level
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Golf Course Community
- Tennis Courts
- Community Pool
- Park
- Jogging Path
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 8, 2022
Closed on
May 12, 2022
Sold by
20 Hathorne Street T
Bought by
Locke Joseph
Seller's Agent
Judith Zissulis
Keller Williams Realty Evolution
Buyer's Agent
Haley Paster Scimone
Sagan Harborside Sotheby's International Realty
List Price
$850,000
Sold Price
$870,000
Premium/Discount to List
$20,000
2.35%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,000
Avg. Annual Appreciation
5.14%
Original Mortgage
$978,500
Outstanding Balance
$937,706
Interest Rate
5.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$75,961
Purchase Details
Closed on
Dec 28, 2011
Sold by
Locke Linda
Bought by
20 Hathorne Street T
Purchase Details
Closed on
Apr 13, 1998
Sold by
Hathorne Street Rt
Bought by
Locke Linda
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,875
Interest Rate
6.98%
Mortgage Type
Purchase Money Mortgage
Similar Homes in Salem, MA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Locke Joseph | -- | None Available | |
| 20 Hathorne Street T | -- | -- | |
| Locke Linda | $182,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ruthy Llc | $978,500 | |
| Previous Owner | Locke Linda | $306,000 | |
| Previous Owner | Locke Linda | $165,000 | |
| Previous Owner | Locke Linda | $136,875 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/31/2022 05/31/22 | Sold | $870,000 | +2.4% | $184 / Sq Ft |
| 04/15/2022 04/15/22 | Pending | -- | -- | -- |
| 04/08/2022 04/08/22 | For Sale | $850,000 | -- | $180 / 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 | $12,344 | $1,088,500 | $212,500 | $876,000 |
| 2024 | $11,299 | $972,400 | $201,900 | $770,500 |
| 2023 | $10,835 | $866,100 | $186,400 | $679,700 |
| 2022 | $10,828 | $817,200 | $180,200 | $637,000 |
| 2021 | $10,322 | $748,000 | $167,800 | $580,200 |
| 2020 | $9,687 | $670,400 | $158,500 | $511,900 |
| 2019 | $9,572 | $633,900 | $150,400 | $483,500 |
| 2018 | $8,542 | $555,400 | $142,900 | $412,500 |
| 2017 | $8,003 | $504,600 | $120,500 | $384,100 |
| 2016 | $7,821 | $499,100 | $115,000 | $384,100 |
| 2015 | $7,601 | $463,200 | $105,600 | $357,600 |
Source: Public Records
Agents Affiliated with this Home
-
Judith Zissulis
Seller's Agent in 2022
Judith Zissulis
Keller Williams Realty Evolution
(781) 417-9779
4 in this area
31 Total Sales
-
Haley Paster Scimone
Buyer's Agent in 2022
Haley Paster Scimone
Sagan Harborside Sotheby's International Realty
(781) 367-5523
2 in this area
95 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72964718
APN: SALE-000025-000000-000308
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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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