David Brown
Coldwell Banker Realty - Beverly
(339) 666-1240
62 Total Sales
2 in South Salem
$535K - $775K Price Range
23 Gardner St Salem, MA 01970
South Salem NeighborhoodEstimated Value: $1,045,000 - $1,228,000
8
Beds
4
Baths
3,708
Sq Ft
$303/Sq Ft
Est. Value
Highlights
- Property is near public transit and schools
- Park
- Shops
- Porch
About This Home
As of November 2023Great investment or owner occupied opportunity in this 3 unit property conveniently located between Salem State and downtown Salem. New high efficiency heating systems for 2 of the units. Separate utilities, laundry in basement, well maintained throughout. Long history of high rents. Large yard, tons of parking, large shed / storage garage. Hardwood floors, tall ceilings, and beautiful entryway. This is a great opportunity to own an investment property that truly makes sense today and into the future.
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,439
Year Built
- Built in 1868
Lot Details
- 11,374 Sq Ft Lot
- Irregular Lot
Home Design
- Frame Construction
- Shingle Roof
Interior Spaces
- 3,708 Sq Ft Home
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Full Bathrooms
Laundry
- Dryer
- Washer
Parking
- 6 Car Parking Spaces
- Driveway
- Open Parking
- Off-Street Parking
Additional Features
- Porch
- Property is near public transit and schools
- 3 Heating Zones
Listing and Financial Details
- Total Actual Rent $8,420
- Tax Block 0198
- Assessor Parcel Number 3301980,2134745
Community Details
Overview
- 3 Units
- Property has 1 Level
Recreation
- Park
Additional Features
- Shops
- Net Operating Income $101,040
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 5, 2023
Closed on
Nov 30, 2023
Sold by
Bought by
Seller's Agent
Merry Fox Team
MerryFox Realty
Buyer's Agent
ZAHIDUL ISLAM
Cameron Prestige, LLC
List Price
$1,100,000
Sold Price
$1,050,000
Premium/Discount to List
-$50,000
-4.55%
Views
64
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
$71,707
Avg. Annual Appreciation
2.51%
Original Mortgage
$840,000
Outstanding Balance
$819,261
Interest Rate
7.63%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$302,446
Purchase Details
Closed on
Apr 11, 2022
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$636,000
Interest Rate
3.89%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 3, 2021
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in South Salem, MA
-
David Brown
-
Nicole Bettano
Nicole Bettano
Lantern Residential
(781) 755-3931
69 Total Sales
2 in South Salem
$505K - $700K Price Range
-
Tracey Cleversey
Tracey Cleversey
Hive Property Group
(339) 444-2143
53 Total Sales
2 in South Salem
$382K - $605K Price Range
-
Hans Nagrath
Hans Nagrath
Compass
(888) 604-7140
165 Total Sales
1 in South Salem
$600,000 Price
-
Juan Lopera-Martinez
Juan Lopera-Martinez
eXp Realty LLC
(339) 338-4961
87 Total Sales
1 in South Salem
$1,100,000 Price
-
Phillip Napolitano
Phillip Napolitano
StartPoint Realty
(781) 731-1473
12 Total Sales
1 in South Salem
$295,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,050,000 | None Available | ||
| $848,000 | None Available | ||
| -- | None Available |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $840,000 | ||
| Previous Owner | $636,000 | ||
| Previous Owner | $115,000 | ||
| Previous Owner | $70,000 | ||
| Previous Owner | $50,000 | ||
| Previous Owner | $50,000 | ||
| Previous Owner | $85,000 | ||
| Previous Owner | $35,000 | ||
| Previous Owner | $65,000 | ||
| Previous Owner | $56,900 | ||
| Previous Owner | $15,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/30/2023 11/30/23 | Sold | $1,050,000 | -4.5% | $283 / Sq Ft |
| 10/11/2023 10/11/23 | Pending | -- | -- | -- |
| 10/05/2023 10/05/23 | For Sale | $1,100,000 | -- | $297 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $11,039 | $973,500 | $237,900 | $735,600 |
| 2024 | $9,749 | $839,000 | $226,100 | $612,900 |
| 2023 | $9,439 | $754,500 | $208,700 | $545,800 |
| 2022 | $9,430 | $711,700 | $201,700 | $510,000 |
| 2021 | $9,024 | $653,900 | $187,800 | $466,100 |
| 2020 | $8,541 | $591,100 | $177,400 | $413,700 |
| 2019 | $8,456 | $560,000 | $168,300 | $391,700 |
| 2018 | $7,641 | $496,800 | $160,000 | $336,800 |
| 2017 | $7,135 | $449,900 | $135,000 | $314,900 |
| 2016 | $6,951 | $443,600 | $128,700 | $314,900 |
| 2015 | $6,763 | $412,100 | $118,300 | $293,800 |
Source: Public Records
Agents Affiliated with this Home
-
Merry Fox Team
M
Seller's Agent in 2023
Merry Fox Team
MerryFox Realty
20 in this area
251 Total Sales
-
Dan Fox
Seller Co-Listing Agent in 2023
Dan Fox
MerryFox Realty
(978) 740-0008
13 in this area
118 Total Sales
-
ZAHIDUL ISLAM
Buyer's Agent in 2023
ZAHIDUL ISLAM
Cameron Prestige, LLC
(857) 891-4053
1 in this area
123 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73167172
APN: SALE-000033-000000-000198
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.
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.
Nearby Homes
- 2 Hazel St Unit 10
- 184 Lafayette St
- 185 Lafayette St Unit 3
- 3 Chase St
- 16 Leavitt St Unit 2
- 16 Leavitt St Unit 3
- 114 Margin St Unit 2
- 8-10 & 5 Porter St Ct & Ropes Portfolio
- 19 Palmer St
- 15 1/2 Palmer St
- 245 Lafayette St Unit 1H
- 75 Summer St Unit 5
- 33 Harbor St
- 59 Summer St
- 41 Harbor St Unit 4
- 93 Ocean Ave
- 55 Perkins St
- 9 Phelps St
- 55 Ocean Ave Unit 3
- 18 Willow Ave
- 23 Gardner St
- 23 Gardner St Unit 3
- 23 Gardner St Unit 2
- 22 Cabot St
- 27 Gardner St
- 24 Cabot St
- 24 Cabot St Unit 1
- 24 Cabot St Unit 4
- 24 Cabot St Unit 3
- 24 Cabot St Unit 2
- 26 Gardner St
- 29 Gardner St
- 18 Cabot St
- 28 Gardner St
- 30 Gardner St
- 30 Gardner St Unit 2
- 26 Cabot St
- 32 Gardner St
- 28 Hancock St
- 22 Hancock St Unit 2
Your Personal Tour Guide
Ask me questions while you tour the home.