NOT LISTED FOR SALE

Estimated Value: $948,641 - $1,030,000

6 Beds
3 Baths
3,539 Sq Ft
$278/Sq Ft Est. Value

Last Sold December 02, 2022

Last sale price $812,500 $230 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $6,285/month

5 Days on Market

Highlights

  • Tandem Parking
  • Laundry Room
  • 4-minute walk to Salem Common
  • Patio
  • Heating Available

About This Home

As of December 2022

When you hear multi family in downtown Salem, you think small rooms, small yard and limited parking. Well, 24 Boardman will change you preconceived notions! How about 6 car parking, a large yard, big rooms with tall ceilings and tons of storage? Still haven't changed your prejudices on multi-families near the Salem Common? How about a property that spans from Boardman Street to Emerton Street? If you haven't come around by now, then is it even worth mentioning updated, eat-in kitchens or in unit laundry? Would noting that 24 Boardman features a 4 bedroom/2 bath townhouse and a spacious 2 bedroom/1 bath flat help? Well, some people just can't be convinced....so you may as well come and see for yourself why this property gives you all you could ask for in a two-family home.

Last Listed By

Merry Fox Team

MerryFox Realty Listed on: 10/11/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,966

Year Built

  • Built in 1880

Lot Details

  • 3,999

Home Design

  • Duplex
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 6 Bedrooms
  • 3,539 Sq Ft Home
  • Property has 1 Level
  • Basement Fills Entire Space Under The House
  • Dishwasher

Laundry

  • Laundry Room
  • Washer

Parking

  • 6 Car Parking Spaces
  • Tandem Parking
  • Driveway
  • Open Parking
  • Off-Street Parking

Utilities

  • 3 Heating Zones
  • Heating Available
  • Gas Water Heater

Additional Features

  • Patio
  • 3,999 Sq Ft Lot

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 2136932

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,966

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Year Built: 1880
  • Buyer Agency: 2
  • Transaction Broker: 2
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Interior Amenities: Unit 1 Rooms(Living Room,Dining Room,Kitchen,Sunroom), Unit 2 Rooms(Living Room,Dining Room,Kitchen,Office/Den)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Dishwasher,Refrigerator,Washer,Dryer), Unit 2(Range,Dishwasher,Refrigerator,Washer,Dryer), Gas Water Heater
  • Total Bedrooms: 6
  • Laundry Features: Unit 2 Laundry Room
  • Basement: Full
  • Living Area: 3539
  • Stories Total: 3
  • MAIN LO: C95279
  • LIST PRICE PER Sq Ft: 225.77
  • PRICE PER Sq Ft: 229.58
  • MAIN SO: C95098

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone
  • Patio And Porch Features: Patio
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront Features: Beach Front, Ocean, 1/10 to 3/10 To Beach, Beach Ownership(Public)
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Tandem
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Heating: Unit 1(Hot Water Baseboard,Oil)
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 3
  • HEAT ZONES: 3
  • COOLING ZONES: 0

Lot Info

  • Parcel Number: 2136932
  • Zoning: R2
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.09
  • Lot Size Area: 0.09
  • Lot Size Sq Ft: 3999
  • Lot Size Units: Acres
  • PAGE: 284
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 8966.28
  • Tax Book Number: 35425

Multi Family

  • Number Of Units Total: 2
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 2
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2016
Closed on
Nov 8, 2016
Sold by
Favazza Joseph A and Favazza Louise
Bought by
Boardwoman Llc
Seller's Agent
Sarah Myles-Lennox
MerryFox Realty
Buyer's Agent
Sarah Myles-Lennox
MerryFox Realty
List Price
$529,000
Sold Price
$530,000
Premium/Discount to List
$1,000
0.19%
Total Days on Market
5
Current Estimated Value
$982,410

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$452,410
Avg. Annual Appreciation
7.50%
Original Mortgage
$397,500
Interest Rate
3.48%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 27, 2014
Sold by
Macfarlane Eric N
Bought by
Macfarlane Kerrie A

Purchase Details

Closed on
Jan 16, 2013
Sold by
Macfarlane Eric N and Macfarlane Kerrie A
Bought by
Favazza Joseph A and Favazza Louise

Purchase Details

Closed on
Nov 9, 2010
Sold by
Favazza Joseph A and Macfarlane Eric N
Bought by
Macfarlane Eric N and Macfarlane Kerrie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,000
Interest Rate
4.41%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 9, 2009
Sold by
Favazza Joseph A and Favazza Louise
Bought by
Favazza Joseph A

Purchase Details

Closed on
Aug 29, 1997
Sold by
Malloy Joseph B and Malloy Mary L
Bought by
Favazza Joseph A

Range of Values:

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Average Value
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List Price
Sold Price
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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
Boardwoman Llc $530,000 --
Macfarlane Kerrie A -- --
Favazza Joseph A -- --
Macfarlane Eric N -- --
Favazza Joseph A -- --
Favazza Joseph A $163,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Childs Elizabeth $200,000
Open Childs Elizabeth $419,000
Previous Owner Boardwoman Llc $397,500
Previous Owner Malloy Joseph B $191,000
Previous Owner Malloy Joseph B $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2022 12/02/22 Sold $812,500 +1.7% $230 / Sq Ft
10/17/2022 10/17/22 Pending -- -- --
10/11/2022 10/11/22 For Sale $799,000 +50.8% $226 / Sq Ft
11/08/2016 11/08/16 Sold $530,000 +0.2% $150 / Sq Ft
09/27/2016 09/27/16 Pending -- -- --
09/22/2016 09/22/16 For Sale $529,000 -- $149 / 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 $10,054 $886,600 $200,100 $686,500
2024 $9,224 $793,800 $190,100 $603,700
2023 $8,963 $716,500 $175,500 $541,000
2022 $8,966 $676,700 $169,700 $507,000
2021 $8,475 $614,100 $158,000 $456,100
2020 $8,202 $567,600 $149,200 $418,400
2019 $8,113 $537,300 $141,600 $395,700
2018 $7,458 $484,900 $134,600 $350,300
2017 $6,006 $378,700 $113,500 $265,200
2016 $5,851 $373,400 $108,200 $265,200
2015 $5,673 $345,700 $99,500 $246,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73046656

MLS Property Information Network (MLS PIN)

APN: SALE-000035-000000-000460