226 Canal St Salem, MA 01970
South Salem NeighborhoodEstimated Value: $714,187 - $928,000
5
Beds
2
Baths
1,630
Sq Ft
$491/Sq Ft
Est. Value
Highlights
- Deck
- Fenced Yard
- Balcony
- Wood Flooring
About This Home
As of October 2018Beautiful two family home located in South Salem across from Salem State University. Situated only a mile from the Commuter Rail and a 15 minute walk to downtown, the location couldn't be any better! The first floor owner's unit has been well maintained with one bedroom on the first floor and a second bedroom in the newly finished basement. The second floor unit has been recently renovated with an attractive kitchen and 3 bedrooms, plus a walk out balcony. The second unit is currently rented for $2,000 per month through 5/2019. There are plenty of windows and natural light throughout to compliment the gleaming hardwood floors. The home provides a large, fenced in backyard, 3 driveway parking spots plus one parking spot in the garage. This two family would be perfect for an investor or owner-occupant!
Last Agent to Sell the Property
Daniel Weber
Calabria Properties, LLC Listed on: 09/12/2018
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,346
Year Built
- Built in 1928
Lot Details
- 6,098
Parking
- 1 Car Garage
Flooring
- Wood
- Tile
Outdoor Features
- Balcony
- Deck
- Rain Gutters
Additional Features
- Fenced Yard
- Natural Gas Water Heater
- Basement
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 12, 2018
Closed on
Oct 26, 2018
Sold by
Weber Amanda and Weber Daniel
Bought by
Penso Timothy W
Seller's Agent
Daniel Weber
Calabria Properties, LLC
Buyer's Agent
Gene Bernshtein
Rise Signature Homes
List Price
$479,888
Sold Price
$470,000
Premium/Discount to List
-$9,888
-2.06%
Total Days on Market
4
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
$331,047
Avg. Annual Appreciation
8.37%
Original Mortgage
$461,487
Interest Rate
4.75%
Mortgage Type
FHA
Purchase Details
Listed on
Jul 6, 2017
Closed on
Oct 2, 2017
Sold by
Dube Collette
Bought by
Weber Daniel
Seller's Agent
Connolly Gallo Team
RE/MAX 360
Buyer's Agent
Daniel Weber
Calabria Properties, LLC
List Price
$329,900
Sold Price
$370,000
Premium/Discount to List
$40,100
12.16%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.05%
Original Mortgage
$385,589
Interest Rate
4.62%
Mortgage Type
FHA
Purchase Details
Closed on
May 10, 2013
Sold by
Dube Collette
Bought by
Dube Collette
Purchase Details
Closed on
Oct 4, 1993
Sold by
Broadway Trust
Bought by
Belfiore Anthony J and Cooney Collette
Similar Homes in the area
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Penso Timothy W | $470,000 | -- | |
| Weber Daniel | $370,000 | -- | |
| Dube Collette | -- | -- | |
| Belfiore Anthony J | $130,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Penso Timothy W | $80,000 | |
| Open | Penso Timothy W | $470,000 | |
| Closed | Penso Timothy W | $461,487 | |
| Previous Owner | Weber Daniel | $385,589 | |
| Previous Owner | Belfiore Anthony J | $150,000 | |
| Previous Owner | Belfiore Anthony J | $187,900 | |
| Previous Owner | Belfiore Anthony J | $185,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/26/2018 10/26/18 | Sold | $470,000 | -2.1% | $288 / Sq Ft |
| 09/16/2018 09/16/18 | Pending | -- | -- | -- |
| 09/12/2018 09/12/18 | For Sale | $479,888 | +29.7% | $294 / Sq Ft |
| 09/29/2017 09/29/17 | Sold | $370,000 | +12.2% | $204 / Sq Ft |
| 07/11/2017 07/11/17 | Pending | -- | -- | -- |
| 07/06/2017 07/06/17 | For Sale | $329,900 | -- | $182 / 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 | $7,346 | $647,800 | $181,000 | $466,800 |
| 2024 | $7,132 | $613,800 | $181,000 | $432,800 |
| 2023 | $7,042 | $562,900 | $165,600 | $397,300 |
| 2022 | $7,029 | $530,500 | $159,500 | $371,000 |
| 2021 | $6,699 | $485,400 | $150,300 | $335,100 |
| 2020 | $6,370 | $440,800 | $135,000 | $305,800 |
| 2019 | $5,244 | $347,300 | $122,700 | $224,600 |
| 2018 | $4,732 | $307,700 | $114,100 | $193,600 |
| 2017 | $4,577 | $288,600 | $107,300 | $181,300 |
| 2016 | $4,206 | $268,400 | $87,100 | $181,300 |
| 2015 | $4,189 | $255,300 | $87,100 | $168,200 |
Source: Public Records
Agents Affiliated with this Home
-
D
Seller's Agent in 2018
Daniel Weber
Calabria Properties, LLC
-
Gene Bernshtein
G
Buyer's Agent in 2018
Gene Bernshtein
Rise Signature Homes
(978) 689-5773
6 Total Sales
-
Connolly Gallo Team
Seller's Agent in 2017
Connolly Gallo Team
RE/MAX 360
(978) 808-6718
2 in this area
93 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72394583
APN: SALE-000032-000000-000047
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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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