NOT LISTED FOR SALE

Estimated Value: $833,000 - $1,028,000

6 Beds
3 Baths
3,048 Sq Ft
$314/Sq Ft Est. Value

Last Sold November 29, 2019

Last sale price $617,500 $203 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $5,830/month

6 Days on Market

Highlights

  • Wood Flooring
  • Tankless Water Heater
  • 3-minute walk to Collins Cove Beach

About This Home

As of November 2019

RAREST of opportunities! SALEM COMMON area 3 FAMILY, rented for decades, yet neat and clean this is the best play in the area: ready to re-rent or condo, this antique gambrel offers high ceilings on the first floor & many vinyl replacement windows throughout the (3) 5 room flats. Updated kitchens in units 1&2, along with newer carpeting. The 3rd floor unit shows the hardwood floors throughout. Yard, parking, and all just 4 buildings from the beach / 8 buildings from the Salem Common! Perfectly poised just blocks between the Salem Ferry to Boston and express commuter rail to North Station, this is likely a once-in-a-lifetime chance for YOU. Showings at Open Houses Sat & Sun 1-3, contracts requested for consideration by Noon on Monday.

Last Agent to Sell the Property

Eric Towne

Tache Real Estate, Inc. Listed on: 05/15/2019

Co-Listed By

Raymond Cruddas

Tache Real Estate, Inc.

Last Buyer's Agent

Matthew Power

1 Percent Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,478

Year Built

  • Built in 1780

Lot Details

  • 4,356

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Utilities

  • Tankless Water Heater
  • Oil Water Heater

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:35 L:0558

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,478

Year Built

Built in 1780

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 196.52
  • Comp Based On: Net Sale Price
  • Year Built: 1780
  • Lead Paint: Unknown
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1780

Interior Features

  • Flooring: Wood, Vinyl, Wall to Wall Carpet
  • Total Flrs: 6
  • No Bedrooms: 6
  • Total Brs: 6
  • Full Bathrooms: 3
  • Total Fbh: 3
  • No Rooms: 15
  • Basement: Y
  • Basement Features: Full, Interior Access, Bulkhead, Concrete Floor
  • Main Lo: C86500
  • Main So: C86500
  • Estimated Sq Ft: 3048.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 0 to 1/10 Mile
  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Shingles, Wood
  • Foundation: Brick

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 4

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Fuses
  • Heat Zones: 3
  • Hot Water: Oil, Tankless
  • Utility Connections: for Electric Range, for Electric Dryer, Washer Hookup

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Tennis Court, Park, Walk/Jog Trails, Golf Course, Medical Facility, Bike Path, Private School, Public School, T-Station, University

Lot Info

  • Assessments: 448900.00
  • Acre: 0.10
  • Lot Size: 4356.00
  • Page: 217
  • Parcel Number: M:35 L:0558
  • Zoning: R2
  • Lot Description: Paved Drive

Green Features

  • Energy Features: Insulated Windows

Multi Family

  • Heat Units: 3
  • Total Levels: 3
  • Total Rms: 15
  • No Units: 3
  • Mf Type: 3 Family

Tax Info

  • Taxes: 6778.00
  • Assessor Parcel Number: 2137051

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 4, 2022
Sold by
Flaherty Barbara A and Flaherty Paul J
Bought by
Flaherty Barbara A and Flaherty Paul J
Current Estimated Value
$957,309

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$787,500
Outstanding Balance
$733,135
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$224,174
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
Flaherty Barbara A -- None Available
Flaherty Barbara A -- None Available
Flaherty Barbara A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flaherty Barbara A $787,500
Closed Flaherty Barbara A $787,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/29/2019 11/29/19 Sold $617,500 +3.1% $203 / Sq Ft
05/21/2019 05/21/19 Pending -- -- --
05/15/2019 05/15/19 For Sale $599,000 -- $197 / 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 $9,478 $835,800 $247,500 $588,300
2024 $8,792 $756,600 $229,800 $526,800
2023 $8,493 $678,900 $212,100 $466,800
2022 $8,402 $634,100 $200,300 $433,800
2021 $7,158 $518,700 $200,300 $318,400
2020 $6,770 $468,500 $200,300 $268,200
2019 $6,778 $448,900 $194,400 $254,500
2018 $6,346 $412,600 $185,600 $227,000
2017 $6,044 $381,100 $167,900 $213,200
2016 $5,972 $381,100 $167,900 $213,200
2015 $5,867 $357,500 $156,100 $201,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72500997

MLS Property Information Network (MLS PIN)

APN: SALE-000035-000000-000558