NOT LISTED FOR SALE

Estimated Value: $1,071,068 - $1,254,000

7 Beds
3 Baths
3,484 Sq Ft
$324/Sq Ft Est. Value

Last Sold September 05, 2017

Last sale price $630,000 $181 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $6,681/month

8 Days on Market

About This Home

As of September 2017

Look no further for an awesome multi family. This home, located in the desirable Emerson Park neighborhood has lots to offer. New roof, new siding, updated electric and heating systems, open floor plan on first two levels, delightful sunrooms, hardwood through out, irrigation system, composite fences and great deck off the first floor. Many mature plantings on the grounds and all this located on a corner lot, right accross the street from the park and the baseball diamond. Emerson Park offers lots of outdoor entertainment for the whole family including a state of the art skateboard park, little league and adult baseball fields, basketball park, kiddie park and lots of rolling green grass. Close by to the brand new Higgins Middle School, Center School, St. Johns school and not far from all major highways, historic salem and the commuter rail. This will not last long. Check it out First showings Wed and Thur this week 5 to 7 offers if any to be in by Saturday at 5 pm.

Last Agent to Sell the Property

Marie Bishop

LAER Realty Partners Listed on: 06/26/2017

LAER Realty Partners

Last Buyer's Agent

Andrew McCaul

Coldwell Banker Realty - Cambridge

Coldwell Banker Realty - Cambridge

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,042

Year Built

1930

Lot Details

0

Listing Details

  • Lot Description: Corner, Fenced/Enclosed, Level, Scenic View(s)
  • Property Type: Multi-family
  • Other Agent: 2.00
  • Lead Paint: Unknown
  • Year Round: Yes
  • Year Built Description: Approximate
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1930

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 13
  • Amenities: Public Transportation, Park, Walk/Jog Trails, Golf Course, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, University
  • Electric: Circuit Breakers
  • Energy: Insulated Windows, Storm Windows, Insulated Doors
  • Flooring: Wood
  • Basement: Full, Interior Access, Bulkhead, Concrete Floor
  • Full Bathrooms: 3
  • Total Levels: 2
  • Main Lo: AN1199
  • Main So: AN1982
  • Estimated Sq Ft: 3484.00

Exterior Features

  • Exterior: Vinyl
  • Exterior Features: Deck - Vinyl, Sprinkler System, Decorative Lighting, Fenced Yard, Garden Area
  • Foundation: Fieldstone

Garage/Parking

  • Parking: On Street Permit

Utilities

  • Heat Zones: 2
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 3

Lot Info

  • Zoning: R2
  • Lot: 0114
  • Acre: 0.12
  • Lot Size: 5127.00

Multi Family

  • Expenses Year End: 06/17
  • Heat Units: 2
  • Total Bedrooms: 7
  • Total Floors: 6
  • Total Full Baths: 3
  • Total Levels: 3
  • Total Rms: 15
  • Multi Family Type: 3 Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2017
Closed on
Sep 6, 2017
Sold by
Alves Michael S
Bought by
Alves Michael S and Hutt Katherine E
Seller's Agent
Marie Bishop
LAER Realty Partners
Buyer's Agent
Andrew McCaul
Coldwell Banker Realty - Cambridge
List Price
$599,000
Sold Price
$630,000
Premium/Discount to List
$31,000
5.18%
Current Estimated Value
$1,130,017

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$500,017
Avg. Annual Appreciation
7.33%
Original Mortgage
$554,400
Outstanding Balance
$463,708
Interest Rate
3.96%
Mortgage Type
New Conventional
Estimated Equity
$666,309

Purchase Details

Listed on
Jun 26, 2017
Closed on
Sep 5, 2017
Sold by
Maclean D James
Bought by
Alves Michael S
Seller's Agent
Marie Bishop
LAER Realty Partners
Buyer's Agent
Andrew McCaul
Coldwell Banker Realty - Cambridge
List Price
$599,000
Sold Price
$630,000
Premium/Discount to List
$31,000
5.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$554,400
Outstanding Balance
$463,708
Interest Rate
3.96%
Mortgage Type
New Conventional
Estimated Equity
$666,309

Purchase Details

Closed on
Apr 20, 2016
Sold by
Maclean D James and Maclean Susan M
Bought by
Maclean D James

Purchase Details

Closed on
Apr 13, 1972
Bought by
Maclean D James
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
Alves Michael S -- --
Alves Michael S $630,000 --
Maclean D James -- --
Maclean D James -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alves Michael S $554,400
Previous Owner Maclean D James $100,000
Previous Owner Maclean D James $100,000
Previous Owner Maclean D James $110,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/05/2017 09/05/17 Sold $630,000 +5.2% $181 / Sq Ft
07/04/2017 07/04/17 Pending -- -- --
06/26/2017 06/26/17 For Sale $599,000 -- $172 / 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 $9,042 $976,500 $221,000 $755,500
2024 $8,081 $886,100 $221,000 $665,100
2023 $7,387 $775,900 $197,300 $578,600
2022 $7,263 $719,100 $176,200 $542,900
2021 $7,285 $694,500 $160,200 $534,300
2020 $7,042 $655,700 $160,200 $495,500
2019 $6,722 $610,500 $160,200 $450,300
2018 $5,760 $502,600 $145,600 $357,000
2017 $5,201 $442,300 $145,600 $296,700
2016 $5,136 $430,900 $145,600 $285,300
2015 $4,521 $367,600 $142,000 $225,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72189382

MLS Property Information Network (MLS PIN)

APN: PEAB-000084-000000-000114