Estimated payment $4,131/month
Highlights
- Raised Ranch Architecture
- Corner Lot
- Laundry Room
- Wood Flooring
- In-Law or Guest Suite
- Outdoor Storage
About This Home
A RARE FIND WITH AN ATTACHED, INCOME PRODUCING, ACCESSORY DWELLING UNIT! Welcome to 28 Chatham Circle, set in one of Salem’s most highly sought-after, walkable neighborhoods. Perfectly positioned on a quiet corner lot, this versatile property offers 4 bedrooms, 3 baths, a finished lower level, and a fully fenced-in backyard, all connected to public water and sewer. The star of the show? An attached 1-bed/1-bath ADU with its own private driveway and laundry, currently generating $1,700/month from a long-term tenant eager to stay. Whether you’re seeking supplemental income, a multigenerational living solution, or a private guest retreat, this rare setup is a true value-add. Located just moments from the Tuscan Village Marketplace, with its vibrant dining, shopping, and entertainment scene, and only minutes from the Massachusetts border, this home offers an enviable lifestyle with unmatched convenience. Showings begin at the open house, Saturday, August 16th. Don’t miss your opportunity to own a smart investment that blends lifestyle, location, and income potential.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,281
Year Built
- Built in 1967
Lot Details
- 0.37 Acre Lot
- Corner Lot
Parking
- 2 Car Garage
Home Design
- Raised Ranch Architecture
- Concrete Foundation
- Vinyl Siding
Interior Spaces
- Property has 1 Level
- Finished Basement
- Interior Basement Entry
Kitchen
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- In-Law or Guest Suite
- 3 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Outdoor Storage
- Playground
Additional Homes
- Accessory Dwelling Unit (ADU)
Schools
- Dr. Lewis F. Soule Elementary School
- Woodbury Middle School
- Salem High School
Utilities
- Central Air
- Floor Furnace
- Common Heating System
- Cable TV Available
Listing and Financial Details
- Tax Lot 8893
- Assessor Parcel Number 127
Map
Home Values in the Area
Average Home Value in this Area
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 | $8,656 | $491,800 | $161,300 | $330,500 |
| 2023 | $8,341 | $491,800 | $161,300 | $330,500 |
| 2022 | $7,893 | $491,800 | $161,300 | $330,500 |
| 2021 | $7,859 | $491,800 | $161,300 | $330,500 |
| 2020 | $7,115 | $323,100 | $115,200 | $207,900 |
| 2019 | $7,102 | $323,100 | $115,200 | $207,900 |
| 2018 | $6,993 | $323,600 | $115,200 | $208,400 |
| 2017 | $6,744 | $323,600 | $115,200 | $208,400 |
| 2016 | $6,611 | $323,600 | $115,200 | $208,400 |
| 2015 | $6,370 | $297,800 | $117,900 | $179,900 |
| 2014 | $6,191 | $297,800 | $117,900 | $179,900 |
| 2013 | $6,093 | $297,800 | $117,900 | $179,900 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/21/2025 08/21/25 | Pending | -- | -- | -- |
| 08/12/2025 08/12/25 | For Sale | $649,000 | -- | $216 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Available | |
| Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $256,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $254,116 | FHA |
Source: PrimeMLS
MLS Number: 5056161
APN: SLEM-000127-008893
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