NOT LISTED FOR SALE

21 Cabot St Salem, MA 01970

South Salem Neighborhood

Estimated Value: $754,000 - $824,000

5 Beds
3 Baths
2,606 Sq Ft
$307/Sq Ft Est. Value

Last Sold November 05, 2015

Last sale price $370,000 $142 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $4,872/month

35 Days on Market

About This Home

As of November 2015

Solid 2 family in great neighborhood close to college and downtown. First floor features 2 bedrooms and office, second unit has 3 bedrooms and 2 baths on 2 floors and in unit laundry. The potential is limitless! This is a legal 2 family. First showing at Group Showing Saturday 8/29 2-3 PM.

Last Agent to Sell the Property

Maggie Gibson

MerryFox Realty Listed on: 08/27/2015

Last Buyer's Agent

Dan Bernal

Atlantic Coast Homes,Inc

Property Details

Home Type

Multi-Family

Year Built

1914

Lot Details

2,178 Sq Ft Lot

Listing Details

  • Lot Description: Other (See Remarks)
  • Other Agent: 1.00
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1914

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 13
  • Amenities: Public Transportation, Shopping, Medical Facility, House of Worship, Public School, T-Station, University
  • Electric: 100 Amps, Individually Metered, Knob & Tube Wiring
  • Flooring: Wood, Vinyl, Wall to Wall Carpet
  • Basement: Full

Exterior Features

  • Roof: Slate
  • Exterior: Shingles, Wood
  • Foundation: Fieldstone

Garage/Parking

  • Parking: Other (See Remarks)

Utilities

  • Heat Zones: 3
  • Utility Connections: for Gas Range, for Gas Oven
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 2

Lot Info

  • Zoning: R2

Multi Family

  • Heat Units: 2
  • Total Bedrooms: 5
  • Total Floors: 3
  • Total Full Baths: 3
  • Total Levels: 3
  • Total Rms: 15
  • Total Rent_1: 3350

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 15, 2021
Sold by
Adams Jonathan
Bought by
Franzese Jenna and Franzese Michael
Current Estimated Value
$798,886

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Outstanding Balance
$339,805
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$459,081

Purchase Details

Listed on
Aug 27, 2015
Closed on
Nov 5, 2015
Sold by
Cudmore Thomas W and Cudmore Jennie R
Bought by
Franzese Michael and Franzese Raymond Jennifer
Seller's Agent
Maggie Gibson
MerryFox Realty
Buyer's Agent
Dan Bernal
Atlantic Coast Homes,Inc
List Price
$379,900
Sold Price
$370,000
Premium/Discount to List
-$9,900
-2.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.70%
Original Mortgage
$314,500
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 1, 1996
Sold by
Cabot St Rt
Bought by
Cudmore Thomas W and Cudmore Jennie R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Franzese Jenna -- None Available
Franzese Jenna -- None Available
Franzese Jenna -- None Available
Franzese Michael $370,000 --
Cudmore Thomas W $122,700 --
Cudmore Thomas W $122,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Franzese Jenna $400,000
Closed Franzese Jenna $400,000
Previous Owner Franzese Michael $314,500
Previous Owner Cudmore Thomas W $74,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/05/2015 11/05/15 Sold $370,000 -2.6% $142 / Sq Ft
10/01/2015 10/01/15 Pending -- -- --
08/27/2015 08/27/15 For Sale $379,900 -- $146 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $8,028 $707,900 $158,300 $549,600
2024 $7,670 $660,100 $150,000 $510,100
2023 $7,496 $599,200 $138,900 $460,300
2022 $7,368 $556,100 $130,500 $425,600
2021 $7,096 $514,200 $130,500 $383,700
2020 $6,715 $464,700 $112,800 $351,900
2019 $6,650 $440,400 $107,200 $333,200
2018 $6,121 $398,000 $102,200 $295,800
2017 $6,027 $380,000 $83,300 $296,700
2016 $6,918 $441,500 $78,900 $362,600
2015 $6,738 $410,600 $71,100 $339,500
Source: Public Records

Agents Affiliated with this Home

  • Maggie Gibson

    Seller's Agent in 2015

    Maggie Gibson

    MerryFox Realty

    (978) 852-1566

    3 in this area

    26 Total Sales

    Maggie Gibson
    Section Image
  • Dan Bernal

    Buyer's Agent in 2015

    Dan Bernal

    Atlantic Coast Homes,Inc

    (978) 922-3683

    1 in this area

    55 Total Sales

    Dan Bernal
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71895424

MLS Property Information Network (MLS PIN)

APN: SALE-000033-000000-000227

Massachusetts Essex County Salem 01970 South Salem

21 Cabot St, Salem, MA

Not Listed for Sale

MultiFamily

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