North Shore and More Team
eXp Realty LLC - Corporate Office
(339) 444-2882
36 Total Sales
1 in Downtown Salem
$315,000 Price
26 Phelps St Salem, MA 01970
Downtown Salem NeighborhoodEstimated Value: $794,447
5
Beds
2
Baths
2,346
Sq Ft
$339/Sq Ft
Est. Value
Highlights
- Marina
- 0.24 Acre Lot
- Corner Lot
- Medical Services
- Property is near public transit and schools
- 5-minute walk to Bunny Puttman Park
About This Home
As of February 2023This one might surprise you. At the end of Phelps St., on a large lot with a spacious fenced backyard and a large driveway for 4-car parking, you'll find this classic 2 family. With generous room sizes and high ceilings, the units feel very welcoming. Both units have eat-in kitchens with pantries, in-unit laundry areas, and sunrooms. Ample storage space in the basement with interior and exterior access. Roof & vinyl siding are approximately 10 years old. This is a superb opportunity for an owner occupant, as the layout and property feel like a home not an apartment. Investors will also enjoy the straightforward floor plans and potential for future condo conversion. Both units are currently vacant after being rented to family for many years. Desirable location off of Broad Street, that's minutes to Salem's favorite shops, stores & restaurants as well as Salem State University and Salem Hospital.
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,159
Year Built
- Built in 1938
Lot Details
- 10,254 Sq Ft Lot
- Cul-De-Sac
- Fenced
- Corner Lot
- Garden
Parking
- 2 Car Garage
- Open Parking
- Off-Street Parking
Home Design
- Duplex
- Block Foundation
- Stone Foundation
- Frame Construction
Interior Spaces
- 2,346 Sq Ft Home
- Property has 1 Level
- Storage
- Laundry Room
- Dishwasher
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Full Bathrooms
Unfinished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Additional Features
- Patio
- Property is near public transit and schools
- Heating Available
Listing and Financial Details
- Assessor Parcel Number M:25 L:0326,2131716
Community Details
Overview
- 2 Units
Amenities
- Medical Services
- Shops
Recreation
- Marina
- Park
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 10, 2023
Closed on
Feb 15, 2023
Sold by
Labonte Philip A
Bought by
Seller's Agent
Julie Costa
Keller Williams Realty Evolution
Buyer's Agent
The Rasner Group
Keller Williams Realty Boston-Metro | Back Bay
List Price
$699,900
Sold Price
$750,000
Premium/Discount to List
$50,100
7.16%
Views
68
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,447
Avg. Annual Appreciation
1.60%
Original Mortgage
$150,000
Outstanding Balance
$143,771
Interest Rate
6.48%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$650,676
Purchase Details
Listed on
Jan 10, 2023
Closed on
Dec 19, 2022
Sold by
Labonte Peter J
Bought by
Labonte Philip A
Seller's Agent
Julie Costa
Keller Williams Realty Evolution
Buyer's Agent
The Rasner Group
Keller Williams Realty Boston-Metro | Back Bay
List Price
$699,900
Sold Price
$750,000
Premium/Discount to List
$50,100
7.16%
Views
68
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Outstanding Balance
$143,771
Interest Rate
6.48%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$650,676
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Downtown Salem, MA
-
North Shore and More Team
-
Tyson Lynch
Tyson Lynch
Responds QuicklyThe Proper Nest Real Estate
(351) 666-4531
50 Total Sales
2 in Downtown Salem
$290K - $1.1M Price Range
-
The North Shore Realty Group
The North Shore Realty Group
eXp Realty LLC
(978) 848-1517
93 Total Sales
1 in Downtown Salem
$539,000 Price
-
Gary Rogers
Gary Rogers
RE/MAX On the Charles
(857) 663-0335
67 Total Sales
2 in Downtown Salem
$595K - $597K Price Range
-
Paul Conti
Paul Conti
Paul Conti Real Estate
(339) 888-9353
114 Total Sales
1 in Downtown Salem
$254,900 Price
-
North Star Group
North Star Group
Real Broker MA, LLC
(857) 240-5268
104 Total Sales
1 in Downtown Salem
$395,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $750,000 | None Available | ||
| Labonte Philip A | -- | None Available |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $150,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/16/2023 02/16/23 | Sold | $750,000 | +7.2% | $320 / Sq Ft |
| 01/13/2023 01/13/23 | Pending | -- | -- | -- |
| 01/10/2023 01/10/23 | For Sale | $699,900 | -- | $298 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $8,455 | $745,600 | $232,100 | $513,500 |
| 2024 | $8,081 | $695,400 | $220,600 | $474,800 |
| 2023 | $6,255 | $500,000 | $203,600 | $296,400 |
| 2022 | $6,159 | $464,800 | $196,800 | $268,000 |
| 2021 | $6,058 | $439,000 | $183,300 | $255,700 |
| 2020 | $5,819 | $402,700 | $170,400 | $232,300 |
| 2019 | $5,786 | $383,200 | $161,700 | $221,500 |
| 2018 | $5,603 | $364,300 | $153,600 | $210,700 |
| 2017 | $5,202 | $328,000 | $129,600 | $198,400 |
| 2016 | $5,046 | $322,000 | $123,600 | $198,400 |
| 2015 | $4,938 | $300,900 | $113,600 | $187,300 |
Source: Public Records
Agents Affiliated with this Home
-
Julie Costa
Seller's Agent in 2023
Julie Costa
Keller Williams Realty Evolution
(978) 828-4064
4 in this area
82 Total Sales
-
The Rasner Group
TG
Buyer's Agent in 2023
The Rasner Group
Keller Williams Realty Boston-Metro | Back Bay
(904) 687-8456
1 in this area
148 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73069483
APN: SALE-000025-000000-000326
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
Nearby Homes
- 16 Phelps St Unit 2
- 21 Jackson St
- 8 Orne Square
- 42 Broad St Unit 3
- 33 Chestnut St
- 393 Essex St
- 12 May St Unit B
- 394 Essex St Unit 3
- 53 Cedar St
- 35 Flint St Unit 205
- 364 Essex St
- 24 Cabot St Unit 1
- 24 Norman St Unit 1
- 314 Essex St
- 10 Norman St Unit 502
- 107 Federal St Unit 1
- 7 Crombie St Unit 4
- 7 Crombie St Unit 10
- 331 Bridge St Unit 2
- 21 Palmer St
- 22 Phelps St
- 23 Phelps St
- 7 Stearns Place
- 87 Jackson St
- 20 Phelps St
- 21 Phelps St
- 93 Jackson St
- 9 Stearns Place
- 23R Phelps St
- 23R Phelps St Unit 1
- 8 Stearns Place
- 19 Phelps St
- 19 Phelps St
- 95 Jackson St
- 16 Phelps St Unit 1
- 18 Phelps St Unit 2
- 16 Phelps St
- 10 Stearns Place
- 11 Stearns Place Unit 13
- 11-13 Stearns Place
Your Personal Tour Guide
Ask me questions while you tour the home.