Seller's Agent in 2022
Dan Pouladian
North Shore Realty Advisors
(617) 548-7737
1 in this area
27 Total Sales
22 Proctor St Salem, MA 01970
Gallows Hill NeighborhoodEstimated Value: $996,295 - $1,120,000
7
Beds
4
Baths
3,740
Sq Ft
$284/Sq Ft
Est. Value
Highlights
- Waterfront
- Property is near public transit
- Corner Lot
- 0.22 Acre Lot
- Wood Flooring
- Porch
About This Home
As of April 202222 Proctor Street is an oversized 3 family centrally located within Historic Salem, MA. The (2) two bedroom/1 bathroom apartments are great size with updated kitchen and bathrooms. The 3B/2B is an oversized apartment with charm. In the past it was owner occupied, currently tenant occupied. Laundry in 3 bed. The property also features off-street parking for 5 to 6 vehicles and a garage. All the units have hardwood floors and ceramic tile in the kitchens. Electric updated to 200 amps. Coin-op machines onsite but not hooked up. The rents are currently under market and could increase through light renovations for the future.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,479
Year Built
- Built in 1915
Lot Details
- 9,583 Sq Ft Lot
- Waterfront
- Corner Lot
Parking
- 1 Car Garage
- Tandem Parking
- Driveway
- Open Parking
- Off-Street Parking
Home Design
- Stone Foundation
- Frame Construction
- Shingle Roof
- Rubber Roof
Interior Spaces
- 3,740 Sq Ft Home
- Property has 1 Level
- Insulated Windows
- Laundry Room
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 7 Bedrooms
- 4 Full Bathrooms
Partially Finished Basement
- Basement Fills Entire Space Under The House
- Crawl Space
Outdoor Features
- Porch
Location
- Property is near public transit
- Property is near schools
Utilities
- 3 Heating Zones
- Heating Available
- 200+ Amp Service
- Natural Gas Connected
- Gas Water Heater
Listing and Financial Details
- Total Actual Rent $5,475
- Rent includes unit 1(hot water), unit 2(hot water), unit 3(hot water)
- Assessor Parcel Number M:15 L:0345,2128784
Community Details
Overview
- 3 Units
Amenities
- Shops
- Coin Laundry
Building Details
- Operating Expense $14,199
- Net Operating Income $51,501
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 17, 2022
Closed on
Apr 8, 2022
Sold by
Mcisaac Jason L
Bought by
Karagjozi Lorjan
Seller's Agent
Dan Pouladian
North Shore Realty Advisors
Buyer's Agent
Kristi Gjikondi
Gjikondi Realty
List Price
$865,000
Sold Price
$884,000
Premium/Discount to List
$19,000
2.2%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,574
Avg. Annual Appreciation
5.13%
Original Mortgage
$705,000
Outstanding Balance
$665,404
Interest Rate
4.72%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$396,170
Purchase Details
Closed on
Sep 28, 2007
Sold by
Oneill Joseph M and Oneill Linda
Bought by
Mcisaac Jason L
Purchase Details
Closed on
Aug 1, 1988
Sold by
Houde Carolyn A
Bought by
Oneill Joseph M
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Karagjozi Lorjan | $884,000 | None Available | |
| Mcisaac Jason L | $410,000 | -- | |
| Oneill Joseph M | $229,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Karagjozi Lorjan | $705,000 | |
| Previous Owner | Oneill Joseph M | $290,000 | |
| Previous Owner | Oneill Joseph M | $38,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/11/2022 04/11/22 | Sold | $884,000 | +2.2% | $236 / Sq Ft |
| 02/20/2022 02/20/22 | Pending | -- | -- | -- |
| 02/17/2022 02/17/22 | For Sale | $865,000 | -- | $231 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $9,163 | $808,000 | $228,300 | $579,700 |
| 2024 | $8,791 | $756,500 | $216,900 | $539,600 |
| 2023 | $8,516 | $680,700 | $200,300 | $480,400 |
| 2022 | $8,479 | $639,900 | $193,600 | $446,300 |
| 2021 | $8,138 | $589,700 | $180,200 | $409,500 |
| 2020 | $7,758 | $536,900 | $170,200 | $366,700 |
| 2019 | $7,698 | $509,800 | $161,500 | $348,300 |
| 2018 | $7,152 | $465,000 | $153,500 | $311,500 |
| 2017 | $6,702 | $422,600 | $129,500 | $293,100 |
| 2016 | $6,528 | $416,600 | $123,500 | $293,100 |
| 2015 | $6,375 | $388,500 | $113,500 | $275,000 |
Source: Public Records
Agents Affiliated with this Home
-
Dan Pouladian
-
Kristi Gjikondi
K
Buyer's Agent in 2022
Kristi Gjikondi
Gjikondi Realty
(781) 558-3465
2 in this area
27 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72943693
APN: SALE-000015-000000-000345
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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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