NOT LISTED FOR SALE

Estimated Value: $711,000 - $935,000

5 Beds
2 Baths
1,898 Sq Ft
$445/Sq Ft Est. Value

Last Sold October 29, 2018

Last sale price $540,000 $285 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $5,043/month

6 Days on Market

Highlights

  • Wood Flooring
  • Fenced Yard
  • Forced Air Heating System
  • Screened Porch
  • Patio
  • 4-minute walk to Broad Street Playground

About This Home

As of October 2018

Rare opportunity to own a single family home in the McIntire District on one of its most desirable tree lined and double wide streets. This neighborhood is steeped in history and is walking distance to downtown Salem, the waterfront, Ferry and the commuter rail. Upon entry you are greeted with gleaming hardwood floors that lead you into the living room and dining room that has a charming built in. The generous sized kitchen has a 3 season porch attached that spills onto a brand new fenced in patio. The second and third floor offer 5+ bedrooms that are all well sized and can be used for a home office, guest space or a family room. While there is room for some updating in the kitchen and baths this location cannot be beat! Move in just in time to experience Halloween in the heart of Salem!

Last Agent to Sell the Property

Melissa Weinand

The Proper Nest Real Estate Listed on: 09/19/2018

Last Buyer's Agent

Tyson Lynch

The Proper Nest Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1850

Lot Details

  • Fenced Yard
  • Property is zoned R2

Flooring

  • Wood
  • Wall to Wall Carpet

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas
  • Water Holding Tank
  • Natural Gas Water Heater

Additional Features

  • Screened Porch
  • Patio
  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:25 L:0270

Home Details

Home Type

Single Family

Year Built

Built in 1850

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Single Family Type: Detached
  • Style: Colonial
  • Other Agent: 1.00
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 283.98
  • Comp Based On: Gross/Full Sale Price
  • Year Built: 1850
  • Lead Paint: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1850

Interior Features

  • Flooring: Wall to Wall Carpet, Hardwood
  • No Bedrooms: 5
  • Master Bedroom: On Level: Second Floor, Flooring - Wall to Wall Carpet
  • Bedroom 2: On Level: Second Floor, Flooring - Hardwood
  • Bedroom 3: On Level: Second Floor
  • Bedroom 4: On Level: Third Floor
  • Bedroom 5: On Level: Third Floor
  • Full Bathrooms: 2
  • Bathroom 1: On Level: First Floor, Bathroom - Full
  • Bathroom 2: On Level: Second Floor, Bathroom - Full
  • No Rooms: 9
  • Dining Room: On Level: First Floor, Flooring - Hardwood
  • Family Room: On Level: Third Floor, Flooring - Hardwood
  • Kitchen: On Level: First Floor, Flooring - Hardwood, Main Level
  • Laundry: On Level: Basement
  • Living Room: On Level: First Floor, Flooring - Hardwood, Main Level
  • Basement: Y
  • Basement Features: Full, Unfinished Basement
  • Main Lo: M59500
  • Main So: C95243
  • Estimated Sq Ft: 1898.00

Exterior Features

  • Beachfront Flag: Yes
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Aluminum
  • Exterior Features: Porch - Screened, Patio, Fenced Yard
  • Foundation: Fieldstone, Brick

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Cooling: Window AC
  • Heating: Forced Air, Gas
  • Hot Water: Natural Gas, Tank

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, House of Worship, Marina, Public School, T-Station, University

Lot Info

  • Assessments: 384500.00
  • Acre: 0.04
  • Lot Size: 1745.00
  • Page: 196
  • Parcel Number: M:25 L:0270
  • Zoning: R2
  • Lot Description: Paved Drive, Fenced/Enclosed, Level

Tax Info

  • Taxes: 5914.00
  • Assessor Parcel Number: 2131658

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2018
Closed on
Oct 29, 2018
Sold by
4 Herrick Lane Rt
Bought by
Millar Megan M
Seller's Agent
Melissa Weinand
The Proper Nest Real Estate
Buyer's Agent
Tyson Lynch
The Proper Nest Real Estate
List Price
$539,000
Sold Price
$540,000
Premium/Discount to List
$1,000
0.19%
Current Estimated Value
$844,004

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$304,004
Avg. Annual Appreciation
6.36%
Original Mortgage
$513,000
Outstanding Balance
$449,226
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$394,778

Purchase Details

Closed on
Feb 4, 2003
Sold by
Moreno Bennyi
Bought by
Fortner Lauren

Purchase Details

Closed on
Nov 30, 2001
Sold by
Chafe Francis E and Chafe Elizabeth A
Bought by
Moreno Bennyi

Purchase Details

Closed on
Feb 12, 1996
Sold by
Landers Rt
Bought by
Chafe Francis E and Chafe Elizabeth
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Millar Megan M $540,000 --
Fortner Lauren -- --
Moreno Bennyi $325,000 --
Chafe Francis E $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Millar Megan M $513,000
Previous Owner Chafe Francis E $307,895
Previous Owner Chafe Francis E $50,000
Previous Owner Chafe Francis E $298,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/29/2018 10/29/18 Sold $540,000 +0.2% $285 / Sq Ft
09/25/2018 09/25/18 Pending -- -- --
09/19/2018 09/19/18 For Sale $539,000 -- $284 / 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 $7,873 $694,300 $242,500 $451,800
2024 $7,699 $662,600 $231,500 $431,100
2023 $7,283 $582,200 $209,400 $372,800
2022 $6,901 $520,800 $198,400 $322,400
2021 $7,110 $515,200 $198,400 $316,800
2020 $6,974 $482,600 $192,900 $289,700
2019 $6,096 $403,700 $166,700 $237,000
2018 $5,914 $384,500 $158,700 $225,800
2017 $5,814 $366,600 $148,800 $217,800
2016 $5,629 $359,200 $141,400 $217,800
2015 $5,698 $347,200 $141,400 $205,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72397595

MLS Property Information Network (MLS PIN)

APN: SALE-000025-000000-000270