NOT LISTED FOR SALE

20 Prescott St Salem, MA 01970

Broad Street Neighborhood

Estimated Value: $802,000 - $1,062,499

6 Beds
2 Baths
2,750 Sq Ft
$329/Sq Ft Est. Value

Last Sold November 30, 2017

Last sale price $525,000 $191 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $5,667/month

12 Days on Market

About This Home

As of November 2017

Well maintained 2 family home in Salem, each unit with private entry. Unit #1 has 2 bedrooms on first level, Unit #2 is 2 levels with 4 bedrooms. Close to town, trains, schools and all that Salem has to offer. Great investment or owner occupied property. First showings to be held at Open House Wednesday 11/1 from 5:30-7:30pm.

Last Agent to Sell the Property

Herrick Lutts Realty Partners

Herrick Lutts Realty Partners Listed on: 10/24/2017

Last Buyer's Agent

Christopher McKenna

Commonwealth Standard Realty Advisors License #449590794

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,829

Year Built

1915

Lot Details

0

Listing Details

  • Lot Description: Paved Drive
  • Property Type: Multi-family
  • Other Agent: 2.00
  • Lead Paint: Unknown
  • Year Built Description: Actual
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1915

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 11
  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf Course, Medical Facility, Laundromat, House of Worship, Marina, Private School, Public School, T-Station, University
  • Basement: Full, Interior Access, Bulkhead, Concrete Floor
  • Full Bathrooms: 2
  • Total Levels: 3
  • Main Lo: C95098
  • Main So: AN2589
  • Estimated Sq Ft: 2750.00

Exterior Features

  • Construction: Frame
  • Exterior: Vinyl
  • Exterior Features: Porch, Deck, Covered Patio/Deck, Garden Area
  • Foundation: Brick
  • Beach: Ocean
  • Beach Ownership: Public

Garage/Parking

  • Parking: Tandem
  • Parking Spaces: 2

Utilities

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

Condo/Co-op/Association

  • Total Units: 2

Lot Info

  • Assessor Parcel Number: M:25 L:0527
  • Zoning: R2
  • Acre: 0.07
  • Lot Size: 2960.00

Multi Family

  • Total Bedrooms: 6
  • Total Floors: 3
  • Total Full Baths: 2
  • Total Levels: 2
  • Total Rms: 11
  • Total Rent_1: 4000
  • Multi Family Type: 2 Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 18, 2021
Sold by
Lipsky Eric M
Bought by
Eml Realty 2 Llc
Current Estimated Value
$904,875

Purchase Details

Closed on
Apr 29, 2021
Sold by
Clydesdale-Cotter D A
Bought by
Lipsky Eric M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$506,250
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Oct 24, 2017
Closed on
Nov 30, 2017
Sold by
Deffer Andrew and Deffer Kathryn
Bought by
Clydesdale-Cotter D A
Seller's Agent
Herrick Lutts Realty Partners
Herrick Lutts Realty Partners
Buyer's Agent
Christopher McKenna
Commonwealth Standard Realty Advisors
List Price
$549,000
Sold Price
$525,000
Premium/Discount to List
-$24,000
-4.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.81%
Original Mortgage
$393,750
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 17, 2014
Sold by
Deffer Andrew
Bought by
Deffer Andrew and Deffer Kathryn

Purchase Details

Listed on
Jan 3, 2012
Closed on
Feb 6, 2012
Sold by
Dube Albert N and Dube Eillen P
Bought by
Deffer Andrew
Seller's Agent
Pam McKee
Keller Williams Realty Evolution
Buyer's Agent
Ruth Berube-Leach
Keller Williams Realty-Merrimack
List Price
$349,000
Sold Price
$349,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.01%
Original Mortgage
$336,785
Interest Rate
3.87%
Mortgage Type
FHA
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
Eml Realty 2 Llc -- None Available
Lipsky Eric M $675,000 None Available
Clydesdale-Cotter D A $525,000 --
Deffer Andrew -- --
Deffer Andrew $349,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lipsky Eric M $506,250
Previous Owner Clydesdale-Cotter D A $393,750
Previous Owner Dube Eileen P $333,750
Previous Owner Dube Eileen P $334,991
Previous Owner Dube Eileen P $336,785
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2017 11/30/17 Sold $525,000 -4.4% $191 / Sq Ft
11/05/2017 11/05/17 Pending -- -- --
10/24/2017 10/24/17 For Sale $549,000 +57.3% $200 / Sq Ft
02/06/2012 02/06/12 Sold $349,000 0.0% $111 / Sq Ft
01/07/2012 01/07/12 Pending -- -- --
01/03/2012 01/03/12 For Sale $349,000 -- $111 / 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 $8,829 $778,600 $194,700 $583,900
2024 $8,430 $725,500 $185,100 $540,400
2023 $8,234 $658,200 $170,800 $487,400
2022 $8,247 $622,400 $165,100 $457,300
2021 $7,798 $565,100 $153,700 $411,400
2020 $7,540 $521,800 $145,200 $376,600
2019 $7,458 $493,900 $137,800 $356,100
2018 $6,686 $434,700 $131,000 $303,700
2017 $6,262 $394,800 $110,500 $284,300
2016 $6,105 $389,600 $105,300 $284,300
2015 -- $350,200 $96,800 $253,400
Source: Public Records

Agents Affiliated with this Home

  • C

    Buyer's Agent in 2017

    Christopher McKenna

    Commonwealth Standard Realty Advisors

    Section Image
  • Pam McKee

    Seller's Agent in 2012

    Pam McKee

    Keller Williams Realty Evolution

    (978) 500-4047

    9 in this area

    101 Total Sales

    Pam McKee
    Section Image
  • Ruth Berube-Leach

    Buyer's Agent in 2012

    Ruth Berube-Leach

    Keller Williams Realty-Merrimack

    (617) 512-7631

    72 Total Sales

    Ruth Berube-Leach
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72246754

MLS Property Information Network (MLS PIN)

APN: SALE-000025-000000-000527

Massachusetts Essex County Salem 01970 Broad Street

20 Prescott St, Salem, MA

This home is located at 20 Prescott St, Salem, MA 01970 since 24 October 2017 and is currently estimated at $904,875, approximately $329 per square foot. This property was built in 1915. 20 Prescott St is a home located in Essex County with nearby schools including Saltonstall School, Carlton Elementary School, and Horace Mann Laboratory.

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MLS Property Information Network (MLS PIN) 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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