NOT LISTED FOR SALE

Estimated Value: $828,000 - $880,000

5 Beds
3 Baths
2,178 Sq Ft
$390/Sq Ft Est. Value

Last Sold July 24, 2018

Last sale price $579,000 $266 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $5,309/month

39 Days on Market

Highlights

  • Ocean View
  • Fenced Yard
  • 5-minute walk to Forest River Park
  • Wood Flooring
  • Storage Shed

About This Home

As of July 2018

Well maintained and showing pride of ownership. Beacon Hill Back Yard offers a tranquil setting. Front porch shows amazing character of the home then Enter front door to see a beautiful staircase bringing you to each level. Both units include Many updates to Kitchens, Baths, Walls, floors and so much more. 2nd floor unit has a bonus deck off of the dining room for a private setting. A must see, words do not describe this homes beauty. Heating systems are newer along with the water tanks. Large basement for storage and workshop. Spectacular Location just a few houses up from the Waters of Salem Harbor, walk to Forest River Park and beaches. Close to bus routes and Salem State University, Historic Downtown Salem Restaurants & Museums, Pickering Wharf Waterfront, Salem Ferry & Train Station. Owner occupied or great income potential. Current rents are below market value.

Last Agent to Sell the Property

Donna Lambert

Churchill Properties Listed on: 04/19/2018

Co-Listed By

Susan Berton

Churchill Properties

Last Buyer's Agent

Justina Oliver

J. Barrett & Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,218

Year Built

  • Built in 1870

Lot Details

  • 3,049

Property Views

  • Ocean
  • Marina
  • Harbor

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Additional Features

  • Storage Shed
  • Fenced Yard
  • Natural Gas Water Heater
  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:33 L:0744

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,218

Year Built

Built in 1870

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 1.00
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 275.02
  • Comp Based On: Net Sale Price
  • Year Built: 1870
  • Lead Paint: Unknown
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1870

Interior Features

  • Fireplaces: 2
  • Flooring: Tile, Wall to Wall Carpet, Hardwood
  • Total Flrs: 3
  • Total Frplcs: 2
  • No Bedrooms: 5
  • Total Brs: 5
  • Full Bathrooms: 3
  • Total Fbh: 3
  • No Rooms: 11
  • Basement: Y
  • Basement Features: Full, Walk Out, Interior Access, Concrete Floor, Unfinished Basement
  • Main Lo: C95098
  • Main So: C95243
  • Estimated Sq Ft: 2178.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 1/10 to 3/10
  • Waterview Features: Harbor, Marina, Ocean, Public, Walk to
  • Waterview Flag: Yes
  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Wood, Asbestos
  • Exterior Features: Storage Shed, Fenced Yard
  • Foundation: Fieldstone

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers
  • Sewage District: sesd
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Swimming Pool, Tennis Court, Park, Walk/Jog Trails, Golf Course, Bike Path, House of Worship, Public School, T-Station, University

Lot Info

  • Assessments: 451300.00
  • Acre: 0.07
  • Lot Size: 2840.00
  • Page: 448
  • Parcel Number: M:33 L:0744
  • Zoning: R1
  • Lot Description: Paved Drive

Multi Family

  • Heat Units: 2
  • Total Levels: 3
  • Total Rent: 3200
  • Total Rms: 11
  • No Units: 2
  • Mf Type: 2 Family

Tax Info

  • Taxes: 6941.00
  • Assessor Parcel Number: 2135375

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2018
Closed on
Jul 24, 2018
Sold by
Dykeman Kirsten E and Dykeman Matthew B
Bought by
Callaci John V
Seller's Agent
Donna Lambert
Churchill Properties
Buyer's Agent
Justina Oliver
J. Barrett & Company
List Price
$599,000
Sold Price
$579,000
Premium/Discount to List
-$20,000
-3.34%
Current Estimated Value
$848,610

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$269,610
Avg. Annual Appreciation
5.53%
Original Mortgage
$434,250
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 26, 1997
Sold by
Hartling Dean A
Bought by
Michaud Kristen E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
7.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 2, 1987
Sold by
Dowd Vincent P
Bought by
Hartling Dean A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
10.97%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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
Callaci John V $579,000 --
Michaud Kristen E $111,500 --
Hartling Dean A $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Callaci John V $430,100
Closed Callaci John V $434,250
Previous Owner Hartling Dean A $250,000
Previous Owner Hartling Dean A $135,000
Previous Owner Hartling Dean A $105,000
Previous Owner Hartling Dean A $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2018 07/24/18 Sold $579,000 -3.3% $266 / Sq Ft
05/28/2018 05/28/18 Pending -- -- --
04/19/2018 04/19/18 For Sale $599,000 -- $275 / 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 $8,218 $724,700 $194,100 $530,600
2024 $7,890 $679,000 $184,500 $494,500
2023 $7,631 $610,000 $170,300 $439,700
2022 $7,795 $588,300 $164,600 $423,700
2021 $7,431 $538,500 $153,300 $385,200
2020 $7,067 $489,100 $144,700 $344,400
2019 $7,009 $464,200 $137,400 $326,800
2018 $6,941 $451,300 $130,500 $320,800
2017 $6,539 $412,300 $110,100 $302,200
2016 $6,069 $387,300 $105,000 $282,300
2015 $5,919 $360,700 $96,500 $264,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72312622

MLS Property Information Network (MLS PIN)

APN: SALE-000033-000000-000744