$370,000
SOLD SEP 29, 2017

226 Canal St Salem, MA 01970

South Salem Neighborhood
3 Beds
2 Baths
1,810 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$204 Per Sq Ft

12% Above List Price

5 Days on Market

About This Home

As of October 2018

This is a legal 2-family home, but is currently setup and being used as a single family with one kitchen. Convert back into a 2-fam if desired.This solid home features 3 generously sized bedrooms with a 4th room that could easily be used as a bedroom or home office. Walk-out balcony in 2 of the bedrooms. Spacious kitchen with recessed lighting and cabinet space at a premium. Plenty of Natural Light with Beautiful Hardwood floors throughout. Large fenced in yard at the rear of the property makes this property perfect for entertaining and privacy. Partially finished basement provides additional living space. Extra storage areas in the basement, attic, and garage. Location, Location - nearby commuter rail and area amenities. Full bathroom on each floor awaits your updates providing an opportunity to gain equity. FOR THE INVESTOR - This property is within walking distance to Salem State University. Great opportunity at an affordable price! Open House Sunday, July 9th 111230!

Last Agent to Sell the Property

Connolly Gallo Team

RE/MAX 360 Listed on: 07/06/2017

RE/MAX 360

Last Buyer's Agent

Daniel Weber

Calabria Properties, LLC

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,346

Year Built

1928

Lot Details

0

Listing Details

  • Lot Description: Corner, Paved Drive, Fenced/Enclosed, Level
  • Property Type: Multi-family
  • Other Agent: 1.00
  • Lead Paint: Unknown
  • Year Built Description: Actual
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1928

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 0
  • Amenities: Public Transportation, Shopping, Park, Golf Course, Medical Facility, University
  • Electric: 200 Amps
  • Flooring: Wood, Tile
  • Basement: Partially Finished, Interior Access, Bulkhead
  • Full Bathrooms: 2
  • Main Lo: AN1441
  • Main So: NH0068
  • Estimated Sq Ft: 1810.00

Exterior Features

  • Exterior: Aluminum
  • Exterior Features: Deck - Wood, Balcony, Gutters, Fenced Yard
  • Foundation: Poured Concrete

Garage/Parking

  • Garage Spaces: 1
  • Parking: Off-Street
  • Parking Spaces: 3

Utilities

  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 2

Lot Info

  • Assessor Parcel Number: M:32 L:0047
  • Zoning: R2
  • Acre: 0.14
  • Lot Size: 5895.00

Multi Family

  • Total Bedrooms: 3
  • Total Full Baths: 2
  • Total Levels: 2
  • Total Rms: 8
  • Multi Family Type: 2 Family

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%
Current Estimated Value
$759,724

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$289,724
Avg. Annual Appreciation
7.18%
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
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Not Resolvable $470,000 --
Not Resolvable $370,000 --
Quit Claim Deed -- --
Deed $130,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $461,487 FHA
Previous Owner $385,589 FHA
Previous Owner $150,000 No Value Available
Previous Owner $187,900 No Value Available
Previous Owner $185,500 No Value Available
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

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 $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

    Section Image

  • G

    Buyer's Agent in 2018

    Gene Bernshtein

    Rise Signature Homes

    (978) 689-5773

    4 Total Sales

    Gene Bernshtein
    Section Image
  • Connolly Gallo Team

    Seller's Agent in 2017

    Connolly Gallo Team

    RE/MAX 360

    (978) 808-6718

    2 in this area

    86 Total Sales

    Connolly Gallo Team
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72194036

MLS Property Information Network (MLS PIN)

APN: SALE-000032-000000-000047

Massachusetts Essex County Salem 01970 South Salem

226 Canal St, Salem, MA

This home is located at 226 Canal St, Salem, MA 01970 and is currently priced at $370,000, approximately $204 per square foot. This property was built in 1928. 226 Canal St is a home located in Essex County with nearby schools including Saltonstall School, Horace Mann Laboratory, and Carlton Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Property Information Network (MLS PIN) 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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