NOT LISTED FOR SALE

Estimated Value: $788,000 - $834,000

5 Beds
2.5 Baths
2,520 Sq Ft
$323/Sq Ft Est. Value

Last Sold January 20, 2023

Last sale price $700,000 $278 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $4,972/month

11 Days on Market

Highlights

  • Marina
  • Waterfront
  • Property is near public transit
  • Medical Services
  • Deck
  • 2-minute walk to Forest River Park

About This Home

As of January 2023

MULTIPLE OFFER NOTIFICATION. Best and final offers due 11/16 at 12pm with seller’s response by 11/17 at 5pm. Located moments from Forest River Park, this well-maintained two family, is ideal for either an investor or an owner-occupant. The first-floor unit, features 2 bedrooms, 1 bathroom, high ceilings, and in-unit laundry. The second unit features 3 beds, 1.5 baths, a spacious open living area, in-unit laundry, and plenty of light. More features include separate heating and electrical, replacement windows, a large composite deck, and vinyl siding. Located near Salem State University, and has easy access to Downtown Salem.

Last Agent to Sell the Property

Melissa Weinand

William Raveis R.E. & Home Services Listed on: 11/09/2022

William Raveis R.E. & Home Services

Co-Listed By

Tyson Lynch

The Proper Nest Real Estate

Last Buyer's Agent

Olivares & Molina Team

Realty One Group Nest

Realty One Group Nest

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,579

Year Built

  • Built in 1890 | Remodeled

Lot Details

  • 3,598 Sq Ft Lot
  • Waterfront
  • Near Conservation Area
  • Corner Lot

Home Design

  • Duplex
  • Brick Foundation
  • Stone Foundation
  • Shingle Roof

Interior Spaces

  • 2,520 Sq Ft Home
  • Property has 1 Level
  • Insulated Windows

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • 3 Car Parking Spaces
  • On-Street Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Deck

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • No Cooling
  • 3 Heating Zones
  • Heating Available
  • Separate Meters
  • 200+ Amp Service
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $1,385
  • Rent includes unit 1(hot water)
  • Assessor Parcel Number M:32 L:0257,2134355

Community Details

Amenities

  • Medical Services
  • Shops

Recreation

  • Marina
  • Tennis Courts
  • Community Pool
  • Park
  • Jogging Path
  • Bike Trail

Additional Features

  • 2 Units
  • Net Operating Income $16,620

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,579

Year Built

Built in 1890 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Property Condition: Unit 2 Remodeled
  • Year Built: 1890
  • Buyer Agency: 2.25
  • Transaction Broker: 0.0
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Flooring: Wood,Tile,Vinyl,Hardwood, Unit 2(Tile Floor,Hardwood Floors,Wall to Wall Carpet)
  • Interior Amenities: Unit 2(Ceiling Fans,Upgraded Cabinets,Upgraded Countertops,Bathroom With Tub & Shower), Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Dining Room,Kitchen,Family Room,Living RM/Dining RM Combo)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Dishwasher,Refrigerator), Unit 2(Range,Dishwasher,Microwave,Refrigerator,Washer,Dryer,Vent Hood), Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Range, Utility Connections Varies per Unit
  • Total Bedrooms: 5
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bathrooms: 2.5
  • Laundry Features: Unit 1 Laundry Room, Unit 2 Laundry Room
  • Basement: Full, Interior Entry, Unfinished
  • Living Area: 2520
  • Stories Total: 3
  • Window Features: Insulated Windows
  • MAIN LO: M59500
  • LIST PRICE PER Sq Ft: 277.38
  • PRICE PER Sq Ft: 277.78
  • MAIN SO: AN6420

Exterior Features

  • Foundation Details: Stone, Brick/Mortar
  • Patio And Porch Features: Deck
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront Features: Beach Front, Harbor, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Off Street, On Street
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Range, Varies per Unit
  • Cooling: Unit 1(None), Unit 2(None)
  • Heating: Unit 1(Gas), Unit 2(Hot Water Baseboard,Gas)
  • Cooling Y N: No
  • Electric: 200+ Amp Service, Individually Metered
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 2
  • HEAT ZONES: 3
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Bike Path, Conservation Area, House of Worship, Marina, Public School, T-Station, University
  • Rent Includes: Unit 1(Hot Water)

Lot Info

  • Parcel Number: M:32 L:0257,2134355
  • Zoning: R1
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.08
  • Lot Size Area: 0.08
  • Lot Size Sq Ft: 3598
  • Lot Size Units: Acres
  • PAGE: 530
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 6579
  • Tax Book Number: 15326

Multi Family

  • Gross Income: 16620
  • Net Operating Income: 16620
  • Number Of Units Total: 2
  • Total Actual Rent: 1385
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 2
  • LEASE 2: N
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 9, 2019
Sold by
Crowder Nancy P
Bought by
Nancy P Crower T
Total Days on Market
11
Current Estimated Value
$812,877

Purchase Details

Closed on
Dec 15, 1998
Sold by
Wood Paul M and Wood Elizabeth A
Bought by
Crowder Nancy P

Purchase Details

Closed on
Apr 30, 1990
Sold by
Jeffery Ft
Bought by
Wood Paul M
Source: Public Records

Similar Homes in the area

  • 13 Raymond Rd, Salem, MA 01970

    $749,900

    • 4 Beds
    • 2.5 Baths
    • 2,470 Sq Ft
    • 13 Raymond Rd
    • Salem, MA

    Welcome to 13 Raymond Road in Salem, MA! This property is located a block from the ocean and Salem State College. With a two car garage, off street parking, many recent upgrades 13 Raymond is perfect for an owner-occupant or an investor looing for cash flow. The recent upgrades include a renovated (vacant) 1st floor unit, new boilers, new hot water tanks, fresh paint, a new roof on the garage

    Michael McCarthy North Shore Realty Advisors

    Section Image
  • 3 Hazel St, Salem, MA 01970

    $849,900

    • 5 Beds
    • 3 Baths
    • 2,056 Sq Ft
    • 3 Hazel St
    • Salem, MA

    UNIT 1 IS VACANT. UNIT 2 LEASE ENDS MAY 31ST. UNIT 3 TAW, MOVING OUT JULY 31ST. Adding to the rental portfolio? Or maybe looking to get started? Look no further than 3 Hazel Street. Unit 1 and 2 offer flexible configuration and can be used as 1 or 2 bedroom units, each with 1 bathroom. Unit 3 is a charming 1 bed 1 bath unit. Unit 1 has had a recent renovation including new kitchen, refinished

    Jonathan McCarron William Raveis R.E. & Home Services

    Section Image
  • 16 Horton St, Salem, MA 01970

    $999,000

    • 6 Beds
    • 4 Baths
    • 3,108 Sq Ft
    • 16 Horton St
    • Salem, MA

    Located in the Castle Hill area close to Salem State University, Salem Hospital, and downtown, this large 2-family has a beautifully remodeled townhouse unit that offers the space and comfort of a single-family home! Step inside and be greeted by a sun-drenched, expansive 24'x18' living/dining room combo – perfect for entertaining or relaxing. The heart of the unit is the large eat-in kitchen,

    Jim Armstrong Aluxety

    Section Image
  • 112 North St, Salem, MA 01970

    $699,000

    • 4 Beds
    • 2.5 Baths
    • 2,955 Sq Ft
    • 112 North St
    • Salem, MA

    Landmark Mixed Use Building Located on Bustling North Street at the Doorstep of Downtown Salem and Salem Train Station. Fantastic Investment Property fulled leased offered at a 8 cap.

    Steven Belesis Citylight Homes LLC

    Section Image
  • 4 Lemon Street Ct, Salem, MA 01970

    $850,000

    • 5 Beds
    • 3 Baths
    • 2,005 Sq Ft
    • 4 Lemon Street Ct
    • Salem, MA

    Minutes from downtown Salem, Salem Common, and the T-station, this well-maintained 2-unit property offers a fantastic investment or owner occupant opportunity. The first-floor unit features 2 beds, 1 bath, while the spacious second-floor unit spans 2 levels with 3 beds and 2 full baths, including a primary bath. Both units feature in-unit laundry, cherry cabinets, granite counters, and stainless

    Melissa Dias Lopes J. Barrett & Company

    Section Image
  • 24 Dunlap St, Salem, MA 01970

    $699,000

    • 7 Beds
    • 3 Baths
    • 2,812 Sq Ft
    • 24 Dunlap St
    • Salem, MA

    Attention contractors and investors!! Nestled in east Salem, MA, this three-family multi-unit property presents an excellent investment opportunity. Built in 1910, this 2,812 sq ft home is spread across three floors, each featuring its own distinct living space. The first unit has 3bdrms, the second and third have 2bdrms. Unit 1 has a rented hot water heater. Subject to the approval of and

    Daniel Laterowicz LDL Realty, LLC

    Section Image
  • 6 Randall St, Salem, MA 01970

    $889,000

    • 5 Beds
    • 2.5 Baths
    • 2,559 Sq Ft
    • 6 Randall St
    • Salem, MA

    Incredible location at this oversized newly renovated two family home in a sought after neighborhood of Salem. Unit 1 consists of two bedrooms, one bathroom, living room, dining room and a large kitchen with high ceilings. Unit 2 is made up of two levels and consists of three bedrooms, a living room, dining room, kitchen, bathroom and a large open space in the attic which can be used as a play

    Kevin Farrar Atlantic Coast Homes,Inc

    Section Image
  • 30 Irving St, Salem, MA 01970

    $790,000

    • 6 Beds
    • 2 Baths
    • 2,250 Sq Ft
    • 30 Irving St
    • Salem, MA

    Welcome to this beautiful 2-family home nestled on a peaceful street just steps away from Mack Park. This home is perfect for both owner-occupant and savvy investors, live in one unit and rent the other for additional income. Unit #2 has been fully renovated and features vinyl flooring throughout, fresh paint, a modern kitchen with stainless steel appliances, and three generously sized

    Kristi Gjikondi Gjikondi Realty

    Section Image
  • 68 Driscoll St, Peabody, MA 01960

    $885,100

    • 6 Beds
    • 2 Baths
    • 1,980 Sq Ft
    • 68 Driscoll St
    • Peabody, MA

    STILL AVAILABLE!!!!!! Ready to Sell, Welcome the Summer months on this clean and well taken care 2 Family Home. On a prime corner lot with a great expansion potential on the third level, Providing more living space on the large unfinish attic. (Subject to local zoning regulations) Nestled in a desirable neighborhood, this well maintained home offers a fantastic opportunity for homeowners and

    Rosa Valera Valera Realty Services

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

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
Nancy P Crower T -- --
Crowder Nancy P $170,000 --
Wood Paul M $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Yanira $595,000
Closed Martinez Yanira $15,000
Previous Owner Crowder Nancy P $155,000
Previous Owner Crowder Nancy P $50,000
Previous Owner Crowder Nancy P $40,000
Previous Owner Wood Paul M $30,000
Previous Owner Wood Paul M $170,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/20/2023 01/20/23 Sold $700,000 +0.1% $278 / Sq Ft
11/21/2022 11/21/22 Pending -- -- --
11/09/2022 11/09/22 For Sale $699,000 -- $277 / 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 $7,890 $695,800 $198,000 $497,800
2024 $7,554 $650,100 $188,200 $461,900
2023 $7,009 $560,300 $173,700 $386,600
2022 $6,579 $496,500 $167,900 $328,600
2021 $6,251 $453,000 $156,300 $296,700
2020 $5,945 $411,400 $147,600 $263,800
2019 $5,892 $390,200 $140,100 $250,100
2018 $5,477 $356,100 $133,200 $222,900
2017 $5,099 $321,500 $112,300 $209,200
2016 $4,956 $316,300 $107,100 $209,200
2015 $4,813 $293,300 $98,400 $194,900
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73056670

MLS Property Information Network (MLS PIN)

APN: SALE-000032-000000-000257