$716,000
SOLD SEP 9, 2024
5 Beds
2.5 Baths
1,908 Sq Ft
5,998 Sq Ft Lot

Recently Sold

$375 Per Sq Ft

9% Above List Price

5 Days on Market

Highlights

  • Golf Course Community
  • Wood Flooring
  • Living Room
  • Medical Services
  • Bathtub with Shower
  • 1-minute walk to Emerson Park

About This Home

As of September 2024

Hard to find side by side townhouse style duplex! Opportunity for investors, contractors or buyers to transform this property to a great home or investment! Unit A is the larger unit with a kitchen, living room, walk in laundry room with storage, full bath and a desirable first floor primary bedroom with a half bath. Two more bedrooms on the second level. Unit B offers a kitchen, living room and 3/4 bath on the first level and two more bedrooms on the second level. Full basement that offers lots of storage space. Great level backyard and parking for four cars. 2017 & 2020 water heaters, gas heating, replacement windows. Walk to downtown and enjoy the restaurants and shops. Just minutes to Salem Train Station for commute to town.

Last Agent to Sell the Property

Joyce Cucchiara

Coldwell Banker Realty - Lynnfield Listed on: 07/24/2024

Coldwell Banker Realty - Lynnfield

Last Buyer's Agent

Jim Armstrong

Aluxety

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,459

Year Built

  • Built in 1930

Lot Details

  • 5,998 Sq Ft Lot
  • Property fronts an easement
  • Level Lot
  • Cleared Lot

Home Design

  • Duplex
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,908 Sq Ft Home
  • Property has 2 Levels
  • Insulated Windows
  • Living Room

Kitchen

  • Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Parking

  • 4 Car Parking Spaces
  • Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Location

  • Property is near schools

Schools

  • Higgins Middle School
  • Pvmhs High School

Utilities

  • No Cooling
  • 2 Heating Zones
  • Heating System Uses Natural Gas
  • Individual Controls for Heating
  • Baseboard Heating

Listing and Financial Details

  • Total Actual Rent $9,999
  • Assessor Parcel Number 2102848
  • Tax Block 252

Community Details

Amenities

  • Medical Services
  • Shops

Recreation

  • Golf Course Community

Additional Features

  • 2 Units
  • Net Operating Income $119,988

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,459

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Side by Side
  • Year Built: 1930
  • Buyer Agency: 2
  • Transaction Broker: 2
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 4

Interior Features

  • Flooring: Tile, Carpet, Laminate, Hardwood
  • Interior Amenities: Bathroom With Tub & Shower, Pantry, Bathroom with Shower Stall, Living Room, Kitchen, Laundry Room
  • Fireplace YN: No
  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
  • Total Bedrooms: 5
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bathrooms: 2.5
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Basement: Full, Concrete, Unfinished
  • Living Area: 1908
  • Spa YN: No
  • Stories Total: 4
  • Window Features: Box/Bay/Bow Window(s), Insulated Windows
  • MAIN LO: AN6181
  • LIST PRICE PER Sq Ft: 345.86
  • PRICE PER Sq Ft: 375.26
  • MAIN SO: C95180

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Dryer, Washer Hookup
  • Cooling: None
  • Heating: Baseboard, Natural Gas, Individual, Unit Control
  • Cooling Y N: No
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • SEWAGE DISTRICT: Essex
  • HEAT UNITS: 2
  • HEAT ZONES: 2
  • COOLING ZONES: 0
  • Hot Water: Natural Gas, Tank

Condo/Co-op/Association

  • Community Features: Shopping, Golf, Medical Facility, Highway Access, House of Worship, Private School, Public School
  • Senior Community YN: No

Lot Info

  • Parcel Number: 2102848
  • Zoning: R2
  • Farm Land Area Units: Square Feet
  • Lot Features: Easements, Cleared, Level
  • Lot Size Acres: 0.14
  • Lot Size Area: 0.14
  • Lot Size Sq Ft: 5998
  • Lot Size Units: Acres
  • PAGE: 272
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 5459
  • Tax Block: 252
  • Tax Book Number: 6769
  • Tax Map Number: 64

Multi Family

  • Gross Income: 119988
  • Net Operating Income: 119988
  • Number Of Units Total: 2
  • Total Actual Rent: 9999
  • LEVELS 1: 2
  • Basement Included Sq Ft: No
  • LEVELS 2: 2
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 1

MLS Schools

  • High School: Pvmhs
  • Middle Or Junior School: Higgins Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 1, 2022
Sold by
Lobao Manuel S
Bought by
Lobao Rt
Current Estimated Value
$908,764

Purchase Details

Closed on
Nov 1, 1990
Sold by
Silke Shawn P
Bought by
Lobao Manuel S
Source: Public Records

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Range of Values:

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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
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Deed $188,500 --
Deed $188,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $80,000 No Value Available
Previous Owner $35,000 No Value Available
Previous Owner $9,000 No Value Available
Previous Owner $122,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2024 09/09/24 Sold $716,000 +8.5% $375 / Sq Ft
07/30/2024 07/30/24 Pending -- -- --
07/24/2024 07/24/24 For Sale $659,900 -- $346 / 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 $7,578 $818,400 $222,900 $595,500
2024 $6,815 $747,300 $222,900 $524,400
2023 $6,439 $676,400 $199,000 $477,400
2022 $6,124 $606,300 $177,700 $428,600
2021 $6,147 $586,000 $161,600 $424,400
2020 $6,004 $559,000 $161,600 $397,400
2019 $5,890 $535,000 $161,600 $373,400
2018 $4,905 $428,000 $146,900 $281,100
2017 $4,732 $402,400 $146,900 $255,500
2016 $4,876 $409,100 $146,900 $262,200
2015 $4,317 $351,000 $143,200 $207,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73268943

MLS Property Information Network (MLS PIN)

APN: PEAB-000084-000000-000113