NOT LISTED FOR SALE

21 Old Town Way Salisbury, MA 01952

Estimated Value: $584,328 - $750,000

4 Beds
3 Baths
1,660 Sq Ft
$401/Sq Ft Est. Value

Last Sold September 30, 2021

Last sale price $485,000 $292 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $4,047/month

9 Days on Market

Highlights

  • Marina
  • Community Stables
  • Waterfront
  • Golf Course Community
  • Medical Services
  • Property is near public transit

About This Home

As of September 2021

Just steps from Salisbury’s Boardwalk and a right-of-way path directly to Salisbury Beach, this fantastic multi-family home by the ocean could be used to generate residential income or as a separate living area for a family member! The first unit’s open concept floor plan offers a generous living area, a bright a warm kitchen, first-floor bathroom and laundry area, cedar closet to store belongings, and a dedicated space for a work-from-home office. The second level offers hardwood floors in all three bedrooms with the primary having an ensuite bathroom. Open the units slider to your very own fenced-in private yard space equipped with a patio, perfect for grilling after a day at the beach! The second one-level unit offers yet another open concept floor plan, boasting a light and bright kitchen, living room, dining area, full bathroom with in-unit laundry. Double-lot seashell driveway with potential for expansion! *Tons of updates/upgrades on MLS documents

Last Agent to Sell the Property

Nikolas Amicone

Amicone & Associates Listed on: 08/18/2021

Last Buyer's Agent

Nikolas Amicone

Amicone & Associates Listed on: 08/18/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,218

Year Built

  • Built in 1930

Lot Details

  • 3,049 Sq Ft Lot
  • Waterfront
  • Near Conservation Area
  • Fenced
  • Level Lot

Home Design

  • Duplex
  • Block Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,660 Sq Ft Home
  • Property has 2 Levels

Kitchen

  • Microwave
  • Freezer
  • Dishwasher
  • Compactor
  • Disposal

Flooring

  • Wood
  • Laminate
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Washer

Parking

  • 8 Car Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Water Access
  • Walking Distance to Water
  • Patio
  • Outdoor Storage
  • Rain Gutters

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Cooling Available
  • Heating Available
  • 100 Amp Service
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $1,250
  • Assessor Parcel Number M:33 P: 270,2147705

Community Details

Overview

  • 2 Units

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Community Pool
  • Park
  • Community Stables
  • Jogging Path
  • Bike Trail

Building Details

  • Electric Expense $1,236
  • Water Sewer Expense $1,200
  • Operating Expense $5,280
  • Net Operating Income $10,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,218

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Year Built: 1930
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Transaction Broker: 0
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Tile,Laminate,Hardwood,Stone / Slate, Unit 1(undefined), Unit 2(Hardwood Floors,Wood Flooring)
  • Interior Amenities: Unit 1(Ceiling Fans,Storage,Cedar Closet,High Speed Internet Hookup,Walk-In Closet,Bathroom with Shower Stall,Open Floor Plan,Slider), Unit 2(Storage,Cedar Closet,Bathroom With Tub & Shower,Open Floor Plan), Unit 1 Rooms(Living Room,Dining Room,Kitchen,Office/Den,Sunroom), Unit 2 Rooms(Kitchen,Living RM/Dining RM Combo)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Dishwasher,Disposal,Compactor,Microwave,Refrigerator,Freezer,Washer,Dryer), Unit 2(Range,Disposal,Microwave,Refrigerator,Freezer,Washer / Dryer Combo), Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Gas Dryer
  • Total Bedrooms: 4
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Laundry Features: Washer Hookup, Unit 1 Laundry Room, Unit 2 Laundry Room
  • Living Area: 1660
  • Stories Total: 3
  • MAIN LO: AN5805
  • LIST PRICE PER Sq Ft: 301.14
  • PRICE PER Sq Ft: 292.17
  • MAIN SO: AN5805

Exterior Features

  • Exterior Features: Rain Gutters, Storage
  • Construction Materials: Frame
  • Fencing: Fenced
  • Foundation Details: Block
  • Patio And Porch Features: Patio
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront Features: Beach Front, Ocean, Direct Access, Walk to, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: Yes

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street, Other
  • Total Parking Spaces: 8

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Gas Dryer, Washer Hookup
  • Cooling: Unit 1(Window AC,Wall AC), Unit 2(Window AC,Wall AC)
  • Heating: Unit 1(Hot Water Baseboard,Gas), Unit 2(Hot Water Baseboard,Gas)
  • Cooling Y N: Yes
  • Electric: 100 Amp Service
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Stable(s), Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School

Fee Information

  • Water Sewer Expenses: 1200

Lot Info

  • Parcel Number: M:33 P: 270,2147705
  • Zoning: BC
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.07
  • Lot Size Area: 0.07
  • Lot Size Sq Ft: 3049.2
  • Lot Size Units: Acres
  • LOT SIZE: 3093
  • PAGE: 186

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 4218
  • Tax Book Number: 36176

Multi Family

  • Electric Expense: 1236
  • Gross Income: 10200
  • Net Operating Income: 10200
  • Number Of Units Total: 2
  • Operating Expense: 5280
  • Total Actual Rent: 1250
  • LEVELS 1: 2
  • LEVELS 2: 1
  • LEASE 2: Y
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 5, 2024
Sold by
Leary Michael R and Leary Rosemary
Bought by
Leary Ft and Leary
Current Estimated Value
$665,082

Purchase Details

Closed on
Sep 1, 2011
Sold by
Viti Rt and Viti
Bought by
Viti Albert F and Viti Cheryle A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,350
Interest Rate
4.5%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Leary Ft -- None Available
Leary Ft -- None Available
Viti Albert F -- --
Viti Albert F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kaine Emily A $275,500
Previous Owner Kaine Emily A $288,800
Previous Owner Viti Rt $237,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2021 09/30/21 Sold $485,000 -3.0% $292 / Sq Ft
08/28/2021 08/28/21 Pending -- -- --
08/18/2021 08/18/21 For Sale $499,900 +38.5% $301 / Sq Ft
09/14/2017 09/14/17 Sold $361,000 -7.4% $186 / Sq Ft
05/17/2017 05/17/17 Price Changed $389,900 -2.5% $200 / Sq Ft
04/18/2017 04/18/17 For Sale $399,900 -- $205 / 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 $5,071 $503,100 $244,800 $258,300
2024 $4,793 $458,700 $244,800 $213,900
2023 $4,426 $409,800 $195,900 $213,900
2022 $4,194 $376,500 $179,500 $197,000
2021 $4,218 $374,600 $179,500 $195,100
2020 $3,823 $333,600 $171,000 $162,600
2019 $4,114 $346,900 $149,500 $197,400
2018 $3,852 $327,000 $149,600 $177,400
2017 $3,034 $254,500 $145,400 $109,100
2016 $2,927 $250,800 $145,400 $105,400
2015 $2,934 $249,700 $145,400 $104,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72883267

MLS Property Information Network (MLS PIN)

APN: SALI-000033-000000-000270