NOT LISTED FOR SALE

Estimated Value: $857,000 - $943,000

5 Beds
3 Baths
2,598 Sq Ft
$348/Sq Ft Est. Value

Last Sold October 28, 2019

Last sale price $589,000 $227 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $5,859/month

4 Days on Market

Highlights

  • Above Ground Pool
  • Wood Flooring
  • Enclosed patio or porch
  • Deck
  • Fenced Yard
  • Storage Shed

About This Home

As of October 2019

Great investment Property and convenient location, in this twelve room multi family. Spacious layout with lots of potential. Home is located between Salem State Universities main campus and south campus. Most homes on this street are converted to condominiums. There is a walk-up attic, clean basement with a ¾ bath , slate roof, two new furnaces, two new hot water heaters, 200 amp electric, Anderson windows, vinyl siding, private fenced in yard, four off street parking, hardwood floors under any carpet, three season porch included with each unit, the front entry is an enclosed porch with open deck above for second unit. The layout of the floors give flexibility for many bonus rooms. Also natural gas run to second unit stove. Home will be delivered vacant. This has been very well maintained by original owner for 50+ years.

Last Agent to Sell the Property

Brenda Mavroules Brophy

RE/MAX Innovative Properties Listed on: 09/12/2019

RE/MAX Innovative Properties

Co-Listed By

Diane Johnson

StartPoint Realty License #456015495

Last Buyer's Agent

Richard Peterson

Douglas Elliman Real Estate - The Sarkis Team

Douglas Elliman Real Estate - The Sarkis Team

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,648

Year Built

  • Built in 1910

Lot Details

  • Year Round Access
  • Fenced Yard

Flooring

  • Wood
  • Pine Flooring
  • Wall to Wall Carpet
  • Laminate
  • Concrete

Outdoor Features

  • Above Ground Pool
  • Deck
  • Enclosed patio or porch
  • Storage Shed
  • Rain Gutters

Additional Features

  • Window Screens
  • Oil Water Heater
  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:32 L:0196

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,648

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 1.00
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 222.86
  • Comp Based On: Gross/Full Sale Price
  • Year Built: 1910
  • Lead Paint: Unknown
  • Year Round: Yes
  • Levels: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1910

Interior Features

  • Flooring: Wood, Wall to Wall Carpet, Concrete, Laminate, Pine
  • Total Flrs: 3
  • No Bedrooms: 5
  • Total Brs: 5
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Fbh: 2
  • Total Hbh: 1
  • No Rooms: 10
  • Basement: Y
  • Basement Features: Full, Interior Access, Concrete Floor, Unfinished Basement
  • Main Lo: NB5012
  • Main So: AN1969
  • Estimated Sq Ft: 2598.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 1 to 2 Mile
  • Construction: Stone/Concrete
  • Roof Material: Slate
  • Exterior: Vinyl
  • Exterior Features: Porch, Porch - Enclosed, Deck, Deck - Wood, Pool - Above Ground, Gutters, Storage Shed, Screens, Fenced Yard
  • Foundation: Concrete Block

Garage/Parking

  • Parking Feature: Off-Street, Deeded
  • Parking Spaces: 4

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers, 200 Amps, Individually Metered
  • Hot Water: Oil
  • Utility Connections: for Gas Range, for Electric Range, for Gas Oven, for Electric Oven, for Electric Dryer, Washer Hookup, Varies per Unit

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Tennis Court, Park, Walk/Jog Trails, Golf Course, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Marina, Public School, T-Station, University

Lot Info

  • Assessments: 414300.00
  • Acre: 0.09
  • Lot Size: 3920.00
  • Page: 588
  • Parcel Number: M:32 L:0196
  • Zoning: R2
  • Lot Description: Paved Drive, Level

Multi Family

  • Total Levels: 2
  • Total Rms: 12
  • No Units: 2
  • Mf Type: 2 Family - 2 Units Up/Down

Tax Info

  • Taxes: 6256.00
  • Assessor Parcel Number: 2134281

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Campusano Rafael $211,800
Closed Campusano Rafael $91,000
Closed Campusano Rafael $578,331
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2019 10/28/19 Sold $589,000 +1.7% $227 / Sq Ft
09/16/2019 09/16/19 Pending -- -- --
09/12/2019 09/12/19 For Sale $579,000 -- $223 / 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 $9,648 $850,800 $166,700 $684,100
2024 $8,831 $760,000 $158,000 $602,000
2023 $8,124 $649,400 $146,300 $503,100
2022 $8,049 $607,500 $137,500 $470,000
2021 $7,736 $560,600 $137,500 $423,100
2020 $6,319 $437,300 $118,800 $318,500
2019 $6,256 $414,300 $112,900 $301,400
2018 $5,764 $374,800 $107,600 $267,200
2017 $5,359 $337,900 $87,800 $250,100
2016 $5,221 $333,200 $83,100 $250,100
2015 $5,054 $308,000 $74,900 $233,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72563581

MLS Property Information Network (MLS PIN)

APN: SALE-000032-000000-000196