NOT LISTED FOR SALE

Estimated Value: $654,000 - $806,103

4 Beds
2 Baths
2,180 Sq Ft
$337/Sq Ft Est. Value

Last Sold August 03, 2022

Last sale price $500,000 $229 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $4,388/month

12 Days on Market

Highlights

  • Medical Services
  • Property is near public transit
  • 2 Fireplaces
  • City View
  • Wood Flooring
  • 5-minute walk to Splaine Park

About This Home

As of August 2022

Salem 2 family on quiet dead end street located in the historic district. Good bones but could use some tlc. 2-2 bedroom, 4 room apartments with additional 4 rooms on the third floor. New gas heating system, new electric panels with circuit breakers. Full basement with 2 laundry hookups. Cozy back yard. 1st showing at OPEN HOUSE: Sat June 4 & Sun June 5, 12PM-2PM. Hope to see you there! (Offers due on Tuesday, June 7th, at Noon)

Last Agent to Sell the Property

Virginia Carson

Tache Real Estate, Inc. Listed on: 05/27/2022

Last Buyer's Agent

Mary Kelleher

Gibson Sotheby's International Realty

Gibson Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,568

Year Built

  • Built in 1870

Lot Details

  • 1,921 Sq Ft Lot
  • Street terminates at a dead end
  • Fenced
  • Level Lot

Parking

  • Open Parking

Home Design

  • Duplex
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,180 Sq Ft Home
  • Property has 1 Level
  • 2 Fireplaces
  • City Views
  • Washer Hookup

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Block Basement Construction

Home Security

  • Storm Windows
  • Storm Doors

Schools

  • Witchcraft Elementary School
  • Collins Middle School
  • Salem High School

Utilities

  • 2 Heating Zones
  • Heating Available
  • Separate Meters
  • Natural Gas Connected
  • Gas Water Heater

Additional Features

  • Patio
  • Property is near public transit

Listing and Financial Details

  • Total Actual Rent $1,700
  • Rent includes unit 1(heat water hot water), unit 2(heat water hot water)
  • Tax Lot 0089
  • Assessor Parcel Number M:25 L:0089,2131406

Community Details

Overview

  • 2 Units

Amenities

  • Medical Services
  • Shops

Building Details

  • Insurance Expense $1,270
  • Water Sewer Expense $611
  • Operating Expense $8,581
  • Net Operating Income $11,819

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,568

Year Built

Built in 1870

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Year Built: 1870
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Transaction Broker: 2
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Wood,Vinyl,Carpet,Hardwood, Unit 1(undefined), Unit 2(Hardwood Floors)
  • Interior Amenities: Unit 1(Ceiling Fans,Pantry,Bathroom With Tub & Shower), Unit 2(Ceiling Fans,Pantry,Bathroom With Tub & Shower), Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen,Office/Den)
  • Door Features: Storm Door(s)
  • Fireplace YN: Yes
  • Fireplaces: 2
  • Appliances: Unit 1(Range,Refrigerator), Unit 2(Range,Refrigerator), Gas Water Heater, Utility Connections for Gas Range
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Laundry Features: Washer Hookup
  • Basement: Full, Interior Entry, Concrete
  • Living Area: 2180
  • Stories Total: 3
  • Window Features: Storm Window(s)
  • MAIN LO: C86500
  • LIST PRICE PER Sq Ft: 183.03
  • PRICE PER Sq Ft: 229.36
  • MAIN SO: BB5918

Exterior Features

  • Construction Materials: Frame
  • Fencing: Fenced/Enclosed, Fenced
  • Foundation Details: Stone
  • Patio And Porch Features: Patio
  • Road Frontage Type: Public, Dead End
  • Road Surface Type: Paved
  • Roof: Shingle
  • View: City View(s), City
  • View YN: Yes
  • Waterfront Features: Beach Front, Bay, Harbor, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, Washer Hookup
  • Heating: Unit 1(Central Heat,Steam,Gas,Common,Unit Control), Unit 2(Central Heat,Steam,Gas,Common,Unit Control)
  • Electric: Circuit Breakers, Individually Metered
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 1
  • HEAT ZONES: 2
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Medical Facility, Sidewalks
  • Rent Includes: Unit 1(Heat,Water,Hot Water), Unit 2(Heat,Water,Hot Water)

Fee Information

  • Water Sewer Expenses: 611

Lot Info

  • Parcel Number: M:25 L:0089,2131406
  • Zoning: R2
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.04
  • Lot Size Area: 0.04
  • Lot Size Sq Ft: 1921
  • Lot Size Units: Acres
  • PAGE: 400

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 5567.65
  • Tax Book Number: 5505
  • Tax Lot: 0089
  • Tax Map Number: 25

Multi Family

  • Gross Income: 20400
  • Insurance Expense: 1270
  • Net Operating Income: 11819
  • Number Of Units Total: 2
  • Operating Expense: 8581
  • Total Actual Rent: 1700
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 2
  • LEASE 2: N
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 2: 2

MLS Schools

  • High School: Salem High
  • Elementary School: Witchcraft
  • Middle Or Junior School: Collins Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 25, 2010
Sold by
Kozlowski John J and Kozlowski Donna M
Bought by
Kozlowski Ft
Current Estimated Value
$734,276
Source: Public Records

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 Buyer Sale Price Title Company
Kozlowski Ft -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/03/2022 08/03/22 Sold $500,000 +25.3% $229 / Sq Ft
06/09/2022 06/09/22 Pending -- -- --
05/27/2022 05/27/22 For Sale $399,000 -- $183 / 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 $5,762 $508,100 $189,400 $318,700
2024 $5,531 $476,000 $180,000 $296,000
2023 $5,321 $425,300 $166,100 $259,200
2022 $5,568 $420,200 $160,600 $259,600
2021 $5,295 $383,700 $149,500 $234,200
2020 $5,281 $365,500 $141,200 $224,300
2019 $5,232 $346,500 $134,000 $212,500
2018 $4,863 $316,200 $127,400 $188,800
2017 $4,509 $284,300 $107,400 $176,900
2016 $4,378 $279,400 $102,500 $176,900
2015 $4,242 $258,500 $94,100 $164,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72988343

MLS Property Information Network (MLS PIN)

APN: SALE-000025-000000-000089