NOT LISTED FOR SALE

Estimated Value: $827,000

3 Beds
3 Baths
2,498 Sq Ft
$331/Sq Ft Est. Value

Last Sold June 19, 2020

Last sale price $550,000 $220 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $5,130/month

3 Days on Market

Highlights

  • Fenced Yard
  • Patio
  • 4-minute walk to Derby Garden

About This Home

As of June 2020

Prime 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.

Last Agent to Sell the Property

Jenny May

J. Barrett & Company Listed on: 05/14/2020

Last Buyer's Agent

Dan Bernal

Atlantic Coast Homes,Inc

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1869

Lot Details

  • 2,178

Additional Features

  • Patio
  • Fenced Yard
  • Natural Gas Water Heater
  • Basement

Property Details

Home Type

Multi-Family

Year Built

Built in 1869

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 1.50
  • Year Built Description: Actual
  • List Price Per Sq Ft: 210.17
  • Comp Based On: Net Sale Price
  • Year Built: 1869
  • Lead Paint: Unknown
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1869

Interior Features

  • Total Flrs: 3
  • No Bedrooms: 3
  • Total Brs: 3
  • Full Bathrooms: 3
  • Total Fbh: 3
  • No Rooms: 11
  • Basement: Y
  • Basement Features: Full
  • Main Lo: C95243
  • Main So: AN2383
  • Estimated Sq Ft: 2498.00

Exterior Features

  • Beachfront Flag: Yes
  • Beach Miles To: 1/10 to 3/10
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior Features: Patio, Fenced Yard
  • Foundation: Fieldstone

Garage/Parking

  • Parking Feature: Off-Street, Unpaved Driveway
  • Parking Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range

Lot Info

  • Assessments: 408200.00
  • Acre: 0.05
  • Lot Size: 2252.00
  • Page: 202
  • Zoning: R2
  • Lot Description: Fenced/Enclosed

Multi Family

  • Heat Units: 1
  • Total Levels: 2
  • Total Rms: 11
  • No Units: 2
  • Mf Type: 2 Family

Tax Info

  • Taxes: 5898.00
  • Assessor Parcel Number: 2136710

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
$827,000

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
Source: Public Records
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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
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

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

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72656321

MLS Property Information Network (MLS PIN)

APN: SALE-000035-000000-000306