$250,000
SOLD JUL 13, 2017
5 Beds
3 Baths
2,860 Sq Ft
0.51 Acres

Recently Sold

$87 Per Sq Ft

24% Below List Price

33 Days on Market

About This Home

As of March 2024

ATTN! Contractors and Investors: This home is in need of cosmetic repair and will not qualify for VA or FHA financing. Amazing possibilities for this 2 family home situated in a nice area in Salem. 1080 sq ft on 1st floor with 2 bedrooms, kitchen, LR , separate laundry room, and access to barn. 2nd floor 1700 square feet with 2 floors of living space 1 1/2 baths 3 bedrooms, separate laundry room and deck. Newer windows throughout, wide pine floors. Large barn with 2 floors. 1/2 acre of land to go with it.

Last Agent to Sell the Property

Marion White

Coldwell Banker Realty - Haverhill Listed on: 04/14/2017

Coldwell Banker Realty - Haverhill

Last Buyer's Agent

Robert Palmisano

Properties Unlimited

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,973

Year Built

1850

Lot Details

0

Listing Details

  • Lot Description: Paved Drive
  • Property Type: Multi-family
  • Other Agent: 2.00
  • Year Built Description: Approximate
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1850

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 11
  • Electric: Circuit Breakers
  • Energy: Insulated Windows
  • Flooring: Wood, Vinyl, Wall to Wall Carpet
  • Basement: Full, Concrete Floor
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Levels: 3
  • Main Lo: G61700
  • Main So: G56700
  • Estimated Sq Ft: 2860.00

Exterior Features

  • Construction: Frame
  • Exterior: Vinyl
  • Exterior Features: Porch, Deck, Barn/Stable
  • Foundation: Poured Concrete

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 6

Utilities

  • Heat Zones: 2
  • Hot Water: Oil, Tankless
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 2

Lot Info

  • Zoning: RES
  • Acre: 0.51
  • Lot Size: 22215.00

Multi Family

  • Heat Units: 2
  • Total Bedrooms: 5
  • Total Floors: 3
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Total Levels: 2
  • Total Rms: 9
  • Multi Family Type: 2 Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2024
Closed on
Mar 26, 2024
Sold by
Robert J Palmisano Ret and Palmisano
Bought by
Marukyan Hovhannes Z and Hagopian Sarine R
Seller's Agent
Robert Palmisano
Palmisano Properties Unlimited
Buyer's Agent
John Janigian
BHHS Verani Londonderry
List Price
$699,900
Sold Price
$675,000
Premium/Discount to List
-$24,900
-3.56%
Views
152
Current Estimated Value
$705,606

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,606
Avg. Annual Appreciation
2.48%
Original Mortgage
$482,250
Outstanding Balance
$477,130
Interest Rate
6.77%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$223,114

Purchase Details

Listed on
Apr 14, 2017
Closed on
Jul 13, 2017
Sold by
Lossky Nicolas
Bought by
Robert J Palmisano Ret and Palmisano
Seller's Agent
Marion White
Coldwell Banker Realty - Haverhill
Buyer's Agent
Robert Palmisano
Properties Unlimited
List Price
$329,900
Sold Price
$250,000
Premium/Discount to List
-$79,900
-24.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.95%
Original Mortgage
$188,000
Interest Rate
3.94%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jun 22, 1999
Sold by
Mcgibbon George A and Mcgibbon Gayle F
Bought by
Loosky Nicolas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $675,000 None Available
Warranty Deed $675,000 None Available
Warranty Deed $250,000 --
Warranty Deed $250,000 --
Warranty Deed $150,000 --
Warranty Deed $150,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $482,250 Purchase Money Mortgage
Closed $482,250 Purchase Money Mortgage
Previous Owner $100,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2024 03/27/24 Sold $675,000 0.0% $233 / Sq Ft
02/07/2024 02/07/24 Pending -- -- --
01/25/2024 01/25/24 Price Changed $674,900 -3.6% $233 / Sq Ft
01/19/2024 01/19/24 For Sale $699,900 0.0% $241 / Sq Ft
12/04/2021 12/04/21 Rented $1,850 0.0% --
11/05/2021 11/05/21 Price Changed $1,850 -2.4% $1 / Sq Ft
10/12/2021 10/12/21 Price Changed $1,895 -2.6% $1 / Sq Ft
10/07/2021 10/07/21 Price Changed $1,945 -2.5% $1 / Sq Ft
09/28/2021 09/28/21 For Rent $1,995 +11.1% --
09/10/2020 09/10/20 Rented $1,795 0.0% --
08/18/2020 08/18/20 For Rent $1,795 0.0% --
07/13/2017 07/13/17 Sold $250,000 -16.4% $87 / Sq Ft
05/17/2017 05/17/17 Pending -- -- --
04/26/2017 04/26/17 Price Changed $299,000 -9.4% $105 / Sq Ft
04/14/2017 04/14/17 For Sale $329,900 -- $115 / 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
2024 $6,973 $396,200 $153,300 $242,900
2023 $6,645 $391,800 $153,300 $238,500
2022 $6,288 $391,800 $153,300 $238,500
2021 $6,261 $391,800 $153,300 $238,500
2020 $6,296 $285,900 $109,400 $176,500
2019 $6,284 $285,900 $109,400 $176,500
2018 $5,874 $271,800 $109,400 $162,400
2017 $5,664 $271,800 $109,400 $162,400
2016 $5,553 $271,800 $109,400 $162,400
2015 $5,551 $259,500 $108,800 $150,700
2014 $5,395 $259,500 $108,800 $150,700
2013 $5,309 $259,500 $108,800 $150,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72146031

MLS Property Information Network (MLS PIN)

APN: SLEM-000098-001117