NOT LISTED FOR SALE

Estimated Value: $824,000 - $915,000

3 Beds
2 Baths
2,224 Sq Ft
$397/Sq Ft Est. Value

Last Sold June 22, 2021

Last sale price $720,000 $324 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $5,546/month

5 Days on Market

Highlights

  • River View
  • Wood Flooring
  • 5-minute walk to Furlong Park
  • Deck

About This Home

As of June 2021

Stunning Greek Revival Two-Family home located in desirable North Fields, Salem. Both units have been renovated in recent years. The 1st floor is a 2 bedroom unit with hardwood floors, a new kitchen with stainless appliances and quartz countertops, and a dining/living room combo. The 2nd unit is a townhouse occupying the 2nd and 3rd floors. Currently used as a huge 1 bedroom apartment, this was a 2 bedroom unit and could be easily changed back - or even made into a 3 bedroom. Open and airy, it features wide pine floors, skylights, and a stainless kitchen with a fireplace (condition unknown). This unit was completely insulated with spray foam when it was renovated. Brand New roof, updated electric, Good heating systems, new hot water heater. Good size fenced yard. Driveway parking for 3 cars plus a one-car garage. Close to the commuter train (30 minutes to Boston) and downtown Salem and easy access to major highways. Offers due Monday, 5/17, at 12 Noon.

Last Agent to Sell the Property

Jim Armstrong

Aluxety Listed on: 05/13/2021

Last Buyer's Agent

James Landergan

Landergan Law

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,579

Year Built

  • Built in 1850

Lot Details

  • 4,356

Parking

  • 1 Car Garage

Flooring

  • Wood
  • Pine Flooring
  • Tile

Utilities

  • Water Holding Tank
  • Natural Gas Water Heater

Additional Features

  • River Views
  • Deck
  • Year Round Access
  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:27 L:0419

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,579

Year Built

Built in 1850

Lot Details

0

Parking

1

Listing Details

  • Property Type: Multi-family
  • Other Agent: 2.00
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 310.21
  • Comp Based On: Net Sale Price
  • Year Built: 1850
  • Lead Paint: Unknown
  • Year Round: Yes
  • Levels: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1850

Interior Features

  • Fireplaces: 1
  • Flooring: Wood, Tile, Varies Per Unit, Hardwood, Pine
  • Total Flrs: 3
  • Total Frplcs: 1
  • No Bedrooms: 3
  • Total Brs: 3
  • Full Bathrooms: 2
  • Total Fbh: 2
  • No Rooms: 11
  • Basement: Y
  • Basement Features: Full, Interior Access, Bulkhead
  • Main Lo: C95180
  • Main So: AN6618
  • Estimated Sq Ft: 2224.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 1/2 to 1 Mile
  • Waterview Features: River
  • Waterview Flag: Yes
  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Wood, Vinyl
  • Exterior Features: Deck
  • Foundation: Fieldstone

Garage/Parking

  • Parking Feature: Off-Street, Improved Driveway
  • Parking Spaces: 3
  • Garage Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers
  • Hot Water: Natural Gas, Tank
  • Utility Connections: for Gas Range, Washer Hookup

Lot Info

  • Assessments: 493100.00
  • Acre: 0.10
  • Lot Size: 4500.00
  • Page: 321
  • Parcel Number: M:27 L:0419
  • Zoning: R2
  • Lot Description: Corner, Paved Drive

Green Features

  • Energy Features: Insulated Windows

Multi Family

  • Total Levels: 3
  • Total Rms: 10
  • No Units: 2
  • Mf Type: 2 Family

Tax Info

  • Taxes: 6805.00
  • Assessor Parcel Number: 2133396
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2021
Closed on
Jun 10, 2021
Sold by
Madden Michael and Madden Sara
Bought by
Ensor 1 Rt
Seller's Agent
Jim Armstrong
Aluxety
Buyer's Agent
James Landergan
Landergan Law
List Price
$689,900
Sold Price
$720,000
Premium/Discount to List
$30,100
4.36%
Current Estimated Value
$882,304

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,304
Avg. Annual Appreciation
5.12%

Purchase Details

Closed on
Apr 8, 2008
Sold by
Madden Michael
Bought by
Madden Michael

Purchase Details

Closed on
Mar 15, 2002
Sold by
Currier David
Bought by
Madden Michael

Purchase Details

Closed on
Feb 15, 2001
Sold by
Cunniff Sean P and Cunniff Jeanine P
Bought by
Currier David

Purchase Details

Closed on
Oct 10, 1997
Sold by
Larcom Michael G
Bought by
Cunniff Sean P and Cunniff Jeanine P

Purchase Details

Closed on
Mar 15, 1991
Sold by
Eastern Bank
Bought by
Larcom Michael G
Source: Public Records

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Ensor 1 Rt $705,600 None Available
Madden Michael -- --
Madden Michael $292,500 --
Currier David $250,000 --
Cunniff Sean P $172,500 --
Larcom Michael G $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Madden Michael $250,000
Previous Owner Larcom Michael G $233,000
Previous Owner Larcom Michael G $108,448
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2021 06/22/21 Sold $720,000 +4.4% $324 / Sq Ft
05/18/2021 05/18/21 Pending -- -- --
05/13/2021 05/13/21 For Sale $689,900 -- $310 / 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 $8,579 $756,500 $198,500 $558,000
2024 $8,315 $715,600 $198,500 $517,100
2023 $8,108 $648,100 $180,700 $467,400
2022 $7,933 $598,700 $180,700 $418,000
2021 $6,805 $493,100 $180,700 $312,400
2020 $6,553 $453,500 $161,800 $291,700
2019 $6,615 $438,100 $161,800 $276,300
2018 $6,144 $399,500 $154,100 $245,400
2017 $5,903 $372,200 $142,200 $230,000
2016 $5,832 $372,200 $142,200 $230,000
2015 $5,844 $356,100 $142,200 $213,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72831572

MLS Property Information Network (MLS PIN)

APN: SALE-000027-000000-000419