$460,000
SOLD OCT 29, 2024
4 Beds
2 Baths
1,488 Sq Ft
5,859 Sq Ft Lot

Recently Sold

$309 Per Sq Ft

8% Below List Price

9 Days on Market

Highlights

  • Medical Services
  • Property is near public transit
  • Main Floor Primary Bedroom
  • Cape Cod Architecture
  • Wood Flooring
  • 1-minute walk to Captain John Bertram Athletics Field

About This Home

As of October 2024

Discover the potential of this Cape-style home, situated on a serene dead-end street in Salem. Featuring a practical layout, the first floor includes two bedrooms and a full bath, while the second floor offers two additional spacious bedrooms and another full bath. The home boasts a spacious eat-in kitchen, perfect for family meals and gatherings, as well as an enclosed porch that adds extra space to relax. Enjoy the fireplace in the sunny, spacious living room. Additionally, the unfinished basement offers exciting potential with its high ceilings and walk-out door, providing an opportunity to create additional living space or a functional workshop. While the property is in need of some work, it presents a fantastic opportunity. Convenient to Collins Middle School, Bertram athletic field and Salem Hospital, while still being close to Salem’s vibrant amenities. Property is being sold in as-is condition. Any offers due by Tuesday 9/24 at 10 AM.

Last Agent to Sell the Property

Jody Watts

J. Barrett & Company Listed on: 09/16/2024

Last Buyer's Agent

Michelle Fermin

Century 21 North East

Century 21 North East

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,373

Year Built

  • Built in 1955

Lot Details

  • 5,859 Sq Ft Lot
  • Street terminates at a dead end
  • Property is zoned R1

Home Design

  • Cape Cod Architecture
  • Frame Construction
  • Blown Fiberglass Insulation
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,488 Sq Ft Home
  • Ceiling Fan
  • Living Room with Fireplace
  • Dining Area
  • Storm Doors
  • Range
  • Washer and Electric Dryer Hookup

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Separate Shower

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Block Basement Construction
  • Laundry in Basement

Parking

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

Outdoor Features

  • Enclosed Patio or Porch
  • Rain Gutters

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • No Cooling
  • Central Heating
  • 1 Heating Zone
  • Heating System Uses Oil
  • Baseboard Heating
  • Tankless Water Heater

Listing and Financial Details

  • Tax Lot 109
  • Assessor Parcel Number 2401090,2131141

Community Details

Overview

  • No Home Owners Association

Amenities

  • Medical Services
  • Shops

Recreation

  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,373

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cape
  • Year Built: 1955
  • Year Built Details: Approximate
  • Year Round: Yes
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Flooring: Wood, Vinyl, Carpet
  • Door Features: Storm Door(s)
  • Fireplace Features: Living Room
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Water Heater, Tankless Water Heater, Range
  • Total Bedrooms: 4
  • Room Bedroom2 Level: Main,First
  • Room Bedroom2 Features: Closet, Flooring - Wood
  • Room Bedroom3 Features: Closet, Flooring - Vinyl
  • Room Bedroom3 Level: Second
  • Room Bedroom4 Level: Second
  • Room Bedroom4 Features: Closet, Flooring - Wall to Wall Carpet
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Room Master Bedroom Features: Closet, Flooring - Wood
  • Room Master Bedroom Level: Main,First
  • Master Bathroom Features: No
  • Bathroom 1 Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower
  • Bathroom 1 Level: First
  • Bathroom 2 Level: Second
  • Bathroom 2 Features: Bathroom - Full, Bathroom - Tiled With Shower Stall
  • Room Kitchen Level: Main,First
  • Room Kitchen Features: Ceiling Fan(s), Flooring - Vinyl, Dining Area, Exterior Access
  • Laundry Features: Electric Dryer Hookup, Washer Hookup, In Basement
  • Room Living Room Level: Main,First
  • Room Living Room Features: Ceiling Fan(s), Flooring - Wall to Wall Carpet, Exterior Access
  • Basement: Full, Interior Entry, Concrete, Unfinished
  • Accessibility Features: No
  • Living Area: 1488
  • Spa YN: No
  • MAIN LO: C95243
  • LIST PRICE PER Sq Ft: 335.35
  • PRICE PER Sq Ft: 309.14
  • MAIN SO: AN4339
  • Insulation: Partial, Fiberglass

Exterior Features

  • Exterior Features: Porch - Enclosed, Patio, Rain Gutters
  • Construction Materials: Frame
  • Foundation Details: Concrete Perimeter
  • Home Warranty YN: No
  • Patio And Porch Features: Porch - Enclosed, Patio
  • Road Frontage Type: Public, Dead End
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront Features: Beach Front, Harbor, 1 to 2 Mile To Beach, Beach Ownership(Public)
  • 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: 3

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Dryer, Washer Hookup
  • Cooling: None
  • Heating: Central, Baseboard, Oil
  • Cooling Y N: No
  • Electric: Fuses
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 1
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Public Transportation, Shopping, Park, Medical Facility, House of Worship, T-Station, University, Sidewalks
  • Senior Community YN: No

Lot Info

  • Parcel Number: 2401090,2131141
  • Zoning: R1
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.13
  • Lot Size Area: 0.13
  • Lot Size Sq Ft: 5859
  • Lot Size Units: Acres
  • Property Attached YN: No
  • PAGE: 158
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 5373
  • Tax Book Number: 36909
  • Tax Lot: 109
  • Tax Map Number: 24

Multi Family

  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2024
Closed on
Oct 29, 2024
Sold by
Lupo Peter J Est and Rader
Bought by
16 Union Court Llc
Seller's Agent
Jody Watts
J. Barrett & Company
Buyer's Agent
Michelle Fermin
Century 21 North East
List Price
$499,000
Sold Price
$460,000
Premium/Discount to List
-$39,000
-7.82%
Views
72
Current Estimated Value
$693,477

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$233,477
Avg. Annual Appreciation
61.06%
Original Mortgage
$554,000
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage
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
Fiduciary Deed $460,000 None Available
Fiduciary Deed $460,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $575,000 Stand Alone Refi Refinance Of Original Loan
Closed $554,000 Purchase Money Mortgage
Previous Owner $255,000 New Conventional
Previous Owner $50,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2024 10/29/24 Sold $460,000 -7.8% $309 / Sq Ft
09/25/2024 09/25/24 Pending -- -- --
09/16/2024 09/16/24 For Sale $499,000 -- $335 / 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 $5,381 $474,500 $180,800 $293,700
2024 $5,373 $462,400 $180,800 $281,600
2023 $5,140 $410,900 $165,500 $245,400
2022 $5,118 $386,300 $159,400 $226,900
2021 $4,943 $358,200 $159,400 $198,800
2020 $4,984 $344,900 $150,200 $194,700
2019 $4,966 $328,900 $142,800 $186,100
2018 $4,769 $310,100 $136,100 $174,000
2017 $4,664 $294,100 $128,700 $165,400
2016 $4,369 $278,800 $113,400 $165,400
2015 $4,249 $258,900 $104,200 $154,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73290686

MLS Property Information Network (MLS PIN)

APN: SALE-000024-000000-000109