Seller's Agent in 2020
Jenny May
J. Barrett & Company
(978) 828-4142
1 in this area
46 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 | |
| Previous Owner | Lh Capital Development | $412,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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
47 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72656321
APN: SALE-000035-000000-000306
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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.
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