Seller's Agent in 2020
Jenny May
J. Barrett & Company
(978) 828-4142
1 in this area
43 Total Sales
23 Union St Salem, MA 01970
Derby Street NeighborhoodEstimated Value: $827,000
3
Beds
3
Baths
2,498
Sq Ft
$331/Sq Ft
Est. Value
Highlights
- Fenced Yard
- Patio
- 4-minute walk to Derby Garden
About This Home
As of June 2020Prime Location! Great condo conversion opportunity! Occupied as a single family home for many years, this unique multi-unit property has endless possibilities. Occupy the first floor while you renovate the 2nd & 3rd floor for rental potential, condo conversion, or make it into your dream single-family home. The second floor is in need of extensive work. The third floor is unfinished but could be turned into 2-3 rooms. Short distance to train, waterfront and the Salem Common.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,752
Year Built
- Built in 1869
Lot Details
- 2,178
Additional Features
- Patio
- Fenced Yard
- Natural Gas Water Heater
- Basement
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 3, 2022
Sold by
Lh Capital Dev Llc
Bought by
Cawley Nancy R and Heesen Vincent G
Current Estimated Value
Purchase Details
Closed on
Jul 14, 2021
Sold by
Lh Capital Dev Llc
Bought by
Brancaleone Nicolas A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$477,000
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cawley Nancy R | $780,000 | None Available | |
| Brancaleone Nicolas A | $530,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Brancaleone Nicolas A | $477,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/19/2020 06/19/20 | Sold | $550,000 | +4.8% | $220 / Sq Ft |
| 05/17/2020 05/17/20 | Pending | -- | -- | -- |
| 05/14/2020 05/14/20 | For Sale | $525,000 | -- | $210 / 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 |
|---|---|---|---|---|
| 2022 | $6,752 | $509,600 | $162,500 | $347,100 |
| 2021 | $6,155 | $446,000 | $150,900 | $295,100 |
| 2020 | $6,106 | $408,200 | $142,500 | $265,700 |
| 2019 | $5,654 | $387,100 | $135,200 | $251,900 |
| 2018 | $5,425 | $352,700 | $128,500 | $224,200 |
| 2017 | $5,056 | $318,800 | $108,400 | $210,400 |
| 2016 | $4,917 | $313,800 | $103,400 | $210,400 |
| 2015 | $4,777 | $291,100 | $95,000 | $196,100 |
Source: Public Records
Agents Affiliated with this Home
-
Jenny May
-
Dan Bernal
Buyer's Agent in 2020
Dan Bernal
Atlantic Coast Homes,Inc
(978) 922-3683
2 in this area
52 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72656321
APN: SALE-000035-000000-000306
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