NOT LISTED FOR SALE

Estimated Value: $827,000

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

Sale Details

Date Sold: June 19, 2020

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

Est. 50% increase in value since last sale

Current estimated payment $5,333 / mo

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

2,178 Sq Ft Lot

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

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
May 14, 2020
Closed on
Jun 19, 2020
Sold by
Bought by
Seller's Agent
Jenny May
J. Barrett & Company
Buyer's Agent
Dan Bernal
Atlantic Coast Homes,Inc
List Price
$525,000
Sold Price
$550,000
Premium/Discount to List
$25,000
4.76%
Current Estimated Value
$827,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$277,000
Original Mortgage
$412,500
Interest Rate
0.032%
Mortgage Type
New Conventional
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

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
$550,000 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 $412,500
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
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

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
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

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