Seller's Agent in 2025
Juan Lopera-Martinez
eXp Realty
(781) 632-9761
1 in this area
93 Total Sales
20 Hersey St Salem, MA 01970
South Salem Neighborhood
8
Beds
5
Baths
3,084
Sq Ft
4,901
Sq Ft Lot
About This Home
As of February 2025All offers are due Monday 1/20 at noon time. Discover a beautifully renovated 2-family home in the heart of Salem, MA! This versatile property features two spacious units, perfect for investors or multi-generational living. First Floor Unit: 3 bedrooms, 1.5 baths, and thoughtfully updated living spaces. Second Floor Unit: 5 bedrooms, 2.5 baths, with ample room to accommodate larger households. Both units boast modern finishes, updated kitchens with stainless steel appliances, and stylish bathrooms. Enjoy the convenience of 6-8 off-street parking spaces—a rare find in Salem! Located near Salem's vibrant downtown, this home is just minutes from the historic sites, waterfront attractions, trendy restaurants, and public transportation, offering easy access to Boston.Don't miss this opportunity to own a stunning, move-in-ready property in one of the most desirable neighborhoods in Salem, perfect for homeowners and savvy investors alike!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,002
Year Built
- Built in 1930
Lot Details
- 4,901 Sq Ft Lot
Home Design
- Stone Foundation
Interior Spaces
- 3,084 Sq Ft Home
- Property has 1 Level
- Wood Flooring
- Unfinished Basement
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 8 Bedrooms
Parking
- 6 Car Parking Spaces
- Driveway
- Open Parking
- Off-Street Parking
Community Details
- 2 Units
- Net Operating Income $92,760
Listing and Financial Details
- Total Actual Rent $7,730
- Assessor Parcel Number M:33 L:0039,2134559
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 13, 2017
Closed on
Nov 3, 2017
Sold by
Brown Derek M and Brown Viki A
Bought by
Levitsky Harrison
Seller's Agent
Tyler Scaglione
Cameron Real Estate Group
Buyer's Agent
Dan Bernal
Atlantic Coast Homes,Inc
List Price
$439,900
Sold Price
$465,000
Premium/Discount to List
$25,100
5.71%
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
$602,429
Avg. Annual Appreciation
11.29%
Original Mortgage
$348,750
Interest Rate
3.83%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 28, 2016
Sold by
Brown Vicki A
Bought by
Brown Vicki A and Brown Derek M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,000
Interest Rate
3.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 12, 2014
Sold by
M Barron Properties Ll
Bought by
Brown Vicki A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,557
Interest Rate
4.12%
Mortgage Type
FHA
Purchase Details
Closed on
Dec 5, 2008
Sold by
Fraser Hersey Street T
Bought by
M Barron Prop Llc
Purchase Details
Closed on
Sep 23, 2008
Sold by
Linskey Linda A and Fraser Raymond T
Bought by
Linskey Tr Linda A
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Not Resolvable | $465,000 | -- | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Not Resolvable | $309,900 | -- | |
| Deed | $257,000 | -- | |
| Deed | $257,000 | -- | |
| Deed | -- | -- | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $825,000 | Purchase Money Mortgage | |
| Closed | $825,000 | Purchase Money Mortgage | |
| Closed | $348,750 | New Conventional | |
| Previous Owner | $287,000 | New Conventional | |
| Previous Owner | $299,557 | FHA | |
| Previous Owner | $100,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/21/2025 02/21/25 | Sold | $1,100,000 | +10.0% | $357 / Sq Ft |
| 01/20/2025 01/20/25 | Pending | -- | -- | -- |
| 01/17/2025 01/17/25 | For Sale | $1,000,000 | +115.1% | $324 / Sq Ft |
| 11/02/2017 11/02/17 | Sold | $465,000 | +5.7% | $223 / Sq Ft |
| 09/24/2017 09/24/17 | Pending | -- | -- | -- |
| 09/13/2017 09/13/17 | For Sale | $439,900 | -- | $211 / 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 | $7,489 | $660,400 | $153,500 | $506,900 |
| 2024 | $7,002 | $602,600 | $145,400 | $457,200 |
| 2023 | $6,814 | $544,700 | $134,700 | $410,000 |
| 2022 | $6,746 | $509,100 | $126,600 | $382,500 |
| 2021 | $6,505 | $471,400 | $126,600 | $344,800 |
| 2020 | $6,134 | $424,500 | $109,300 | $315,200 |
| 2019 | $6,076 | $402,400 | $104,000 | $298,400 |
| 2018 | $4,860 | $316,000 | $99,100 | $216,900 |
| 2017 | $4,507 | $284,200 | $80,800 | $203,400 |
| 2016 | $4,386 | $279,900 | $76,500 | $203,400 |
| 2015 | $4,235 | $258,100 | $68,900 | $189,200 |
Source: Public Records
Agents Affiliated with this Home
-
Juan Lopera-Martinez
-
Jenn Mangini
J
Buyer's Agent in 2025
Jenn Mangini
Sagan Harborside Sotheby's International Realty
(774) 571-7251
2 in this area
16 Total Sales
-
Tyler Scaglione
Seller's Agent in 2017
Tyler Scaglione
Cameron Real Estate Group
(781) 412-1980
1 in this area
506 Total Sales
-
Dan Bernal
Buyer's Agent in 2017
Dan Bernal
Atlantic Coast Homes,Inc
(978) 922-3683
1 in this area
47 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73327227
APN: SALE-000033-000000-000039
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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