NOT LISTED FOR SALE

Estimated Value: $795,000 - $986,819

5 Beds
3.5 Baths
2,984 Sq Ft
$309/Sq Ft Est. Value

Last Sold March 05, 2024

Last sale price $902,000 $302 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $5,926/month

30 Days on Market

Highlights

  • Golf Course Community
  • Open Floorplan
  • Wooded Lot
  • Medical Services
  • Property is near public transit
  • 3-minute walk to Castle Hill Park

About This Home

As of March 2024

Welcome to this spacious and meticulously updated single-family bungalow with a legal and permanent ADU/in-law suite, nestled in the heart of Salem. With five total bedrooms and three and a half baths, this home has been completely reimagined with brand new plumbing, electric, dual-zone high efficiency heating and cooling, tankless on-demand hot water heater and more. The lower level in-law suite or ADU, with separate entrances, contains a kitchen with stainless high-end appliances and quartz countertops, generous living space, two bedrooms, one bath with tiled shower and laundry. The first level features a spacious living and dining room, modern kitchen with stainless high-end appliances, quartz countertops, main bedroom with private 3/4 bath and walk-in closet, and 1/2 bath with laundry. Two additional bedrooms, office nook, multiple walk-in closets and 3/4 bath on the second level.

Last Agent to Sell the Property

Jenna Lovely

The Lovely Advisory LLC Listed on: 01/23/2024

Last Buyer's Agent

MigdolMoore Team

Gibson Sotheby's International Realty

Gibson Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,331

Year Built

  • Built in 1930

Lot Details

  • 6,761 Sq Ft Lot
  • Near Conservation Area
  • Wooded Lot
  • Property is zoned R1

Parking

  • 1 Car Detached Garage
  • Open Parking
  • Off-Street Parking

Home Design

  • Bungalow
  • Frame Construction
  • Spray Foam Insulation
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,984 Sq Ft Home
  • Open Floorplan
  • Recessed Lighting
  • Decorative Lighting
  • Insulated Windows
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • ENERGY STAR Qualified Refrigerator
  • ENERGY STAR Qualified Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Solid Surface Countertops

Flooring

  • Wood
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Separate Shower

Laundry

  • Laundry on main level
  • ENERGY STAR Qualified Dryer
  • ENERGY STAR Qualified Washer

Additional Homes

  • Accessory Dwelling Unit (ADU)

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Forced Air Heating and Cooling System
  • 2 Cooling Zones
  • 2 Heating Zones
  • Heating System Uses Natural Gas
  • 220 Volts
  • Tankless Water Heater
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2130830

Community Details

Overview

  • No Home Owners Association

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Golf Course Community
  • Tennis Courts
  • Park
  • Jogging Path
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,331

Year Built

Built in 1930

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Year Built: 1930
  • Buyer Agency: 2
  • Transaction Broker: 1
  • Year Built Details: Renovated Since
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Flooring: Tile, Vinyl, Hardwood, Flooring - Stone/Ceramic Tile, Flooring - Vinyl
  • Interior Amenities: Bathroom - 3/4, Bathroom - Tiled With Shower Stall, Recessed Lighting, Countertops - Stone/Granite/Solid, Bathroom, Accessory Apt., Kitchen
  • Fireplace YN: No
  • Appliances: Gas Water Heater, Tankless Water Heater, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Washer, Range, Stainless Steel Appliance(s)
  • Total Bedrooms: 5
  • Room Bedroom2 Level: Second
  • Room Bedroom2 Features: Walk-In Closet(s), Flooring - Hardwood
  • Room Bedroom3 Features: Walk-In Closet(s), Flooring - Hardwood
  • Room Bedroom3 Level: Second
  • Room Bedroom4 Level: Basement
  • Room Bedroom4 Features: Closet, Flooring - Vinyl
  • Room Bedroom5 Level: Basement
  • Room Bedroom5 Features: Closet, Flooring - Vinyl
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bathrooms: 3.5
  • Room Master Bedroom Features: Walk-In Closet(s), Flooring - Hardwood, Recessed Lighting
  • Room Master Bedroom Level: First
  • Master Bathroom Features: Yes
  • Bathroom 1 Features: Bathroom - 3/4, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile
  • Bathroom 1 Level: First
  • Bathroom 2 Level: First
  • Bathroom 2 Features: Bathroom - Half, Flooring - Stone/Ceramic Tile
  • Bathroom 3 Features: Bathroom - 3/4, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile
  • Bathroom 3 Level: Second
  • Room Kitchen Level: First
  • Room Kitchen Features: Flooring - Hardwood, Countertops - Stone/Granite/Solid, Kitchen Island, Open Floorplan, Recessed Lighting, Stainless Steel Appliances, Lighting - Pendant
  • Laundry Features: First Floor
  • Room Living Room Level: First
  • Room Living Room Features: Flooring - Hardwood, Open Floorplan, Recessed Lighting
  • Basement: Full, Finished
  • Living Area: 2984
  • Spa YN: No
  • Window Features: Insulated Windows
  • MAIN LO: AN7968
  • LIST PRICE PER Sq Ft: 287.87
  • PRICE PER Sq Ft: 302.28
  • MAIN SO: BB5918
  • Insulation: Spray Foam

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Concrete Perimeter
  • Home Warranty YN: No
  • Roof: Shingle
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage YN: No
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Detached, Off Street, Paved
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Cooling Y N: Yes
  • Electric: 220 Volts
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 2
  • COOLING ZONES: 2

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, House of Worship, Private School, Public School, T-Station, University
  • Senior Community YN: No

Lot Info

  • Parcel Number: 2130830
  • Zoning: R1
  • Farm Land Area Units: Square Feet
  • Lot Features: Wooded
  • Lot Size Acres: 0.16
  • Lot Size Area: 0.16
  • Lot Size Sq Ft: 6761
  • Lot Size Units: Acres
  • Property Attached YN: No
  • PAGE: 170
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 5331
  • Tax Book Number: 41162

Multi Family

  • Basement Included Sq Ft: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2022
Closed on
Aug 31, 2022
Sold by
Belanger Rene A
Bought by
Lovely Stephen
Seller's Agent
Douglas Desrocher
Desrocher Real Estate
Buyer's Agent
Jenna Lovely
The Lovely Advisory LLC
List Price
$479,000
Sold Price
$453,250
Premium/Discount to List
-$25,750
-5.38%
Current Estimated Value
$923,455

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$470,205
Avg. Annual Appreciation
27.31%
Original Mortgage
$460,000
Outstanding Balance
$443,386
Interest Rate
5.54%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$476,234

Purchase Details

Closed on
May 4, 2018
Sold by
Armand-Belanger Rene and Belanger Marguerite M
Bought by
Armand-Belanger Rene
Source: Public Records

Range of Values:

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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
Lovely Stephen $453,250 None Available
Armand-Belanger Rene -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lovely Stephen $100,000
Open Lovely Stephen $300,000
Open Lovely Stephen $460,000
Previous Owner Belanger Rene A $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2024 03/05/24 Sold $902,000 +5.0% $302 / Sq Ft
02/23/2024 02/23/24 Pending -- -- --
02/21/2024 02/21/24 For Sale $859,000 0.0% $288 / Sq Ft
01/27/2024 01/27/24 Pending -- -- --
01/23/2024 01/23/24 For Sale $859,000 +89.5% $288 / Sq Ft
08/31/2022 08/31/22 Sold $453,250 -1.3% $251 / Sq Ft
07/14/2022 07/14/22 Pending -- -- --
07/06/2022 07/06/22 Price Changed $459,000 -4.2% $254 / Sq Ft
07/05/2022 07/05/22 For Sale $479,000 0.0% $265 / Sq Ft
06/14/2022 06/14/22 Pending -- -- --
06/09/2022 06/09/22 Price Changed $479,000 -4.0% $265 / Sq Ft
06/01/2022 06/01/22 For Sale $499,000 -- $276 / 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 $9,917 $874,500 $214,200 $660,300
2024 $7,029 $604,900 $203,600 $401,300
2023 $5,331 $426,100 $187,900 $238,200
2022 $5,341 $403,100 $181,700 $221,400
2021 $5,247 $380,200 $169,100 $211,100
2020 $5,071 $350,900 $159,700 $191,200
2019 $5,042 $333,900 $151,600 $182,300
2018 $4,886 $317,700 $144,100 $173,600
2017 $4,519 $284,900 $121,500 $163,400
2016 $4,377 $279,300 $115,900 $163,400
2015 $4,270 $260,200 $106,500 $153,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73195810

MLS Property Information Network (MLS PIN)

APN: SALE-000023-000000-000041