Seller's Agent in 2024
Juan Lopera-Martinez
eXp Realty
(781) 632-9761
1 in this area
85 Total Sales
28 Fairmount St Salem, MA 01970
North Salem NeighborhoodEstimated Value: $640,000 - $807,000
6
Beds
3
Baths
3,043
Sq Ft
$241/Sq Ft
Est. Value
About This Home
As of January 2024Investors looking for the best condo conversion project in Salem! Or, Savvy Owner Occupied buyers looking for an incredible house hack, look no further! The project just needs your finishing touches and you have top of the line finished product in a red hot condo market! Recent condo sale comps in the area for finished product are over $500/SF!! Off street parking, proximity to public transit, highways, shopping and business and entertainment, this project checks all the boxes! This is either the most profitable condo conversion a developer will ever have, or the best house hack anyone could ever ask for, don’t miss it! Have the units ready in time for Spring just as rates start rolling back and set a new record for sale price in Salem!
Co-Listed By
Christopher Corzo
eXp Realty
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,235
Year Built
- Built in 1900
Lot Details
- 4,365 Sq Ft Lot
- Fenced
Home Design
- Duplex
- Stone Foundation
Interior Spaces
- 3,043 Sq Ft Home
- Property has 1 Level
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Full Bathrooms
Unfinished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Parking
- 3 Car Parking Spaces
- Driveway
- Open Parking
Outdoor Features
- Bulkhead
Community Details
- 2 Units
Listing and Financial Details
- Assessor Parcel Number M:27 L:0164,2133141
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 18, 2025
Sold by
28 Fairmount Street Llc
Bought by
Wiberg Karen
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$628,000
Outstanding Balance
$624,773
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$107,128
Purchase Details
Closed on
Jun 26, 2025
Sold by
28 Fairmount Street Llc
Bought by
Duffy James T and Gray-Duffy Lisa B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$628,000
Outstanding Balance
$624,773
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$107,128
Purchase Details
Listed on
Nov 22, 2023
Closed on
Dec 25, 2023
Sold by
Fairmount Development Llc
Bought by
28 Fairmount Street Llc
Seller's Agent
Juan Lopera-Martinez
eXp Realty
Buyer's Agent
Jeffrey Wallace
Reference Real Estate
List Price
$699,900
Sold Price
$675,000
Premium/Discount to List
-$24,900
-3.56%
Views
139
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.78%
Purchase Details
Listed on
Jun 2, 2022
Closed on
Jul 29, 2022
Sold by
Goodhue Ruth A
Bought by
Fairmount Development Llc
Seller's Agent
Margaret Liotta
Keller Williams Gateway Realty
Buyer's Agent
Judith Zissulis
Keller Williams Realty Evolution
List Price
$750,000
Sold Price
$750,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-7.15%
Original Mortgage
$675,000
Interest Rate
5.78%
Mortgage Type
Commercial
Purchase Details
Closed on
Dec 8, 2005
Sold by
Goodhue Frank A
Bought by
Goodhue Ruth A
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Wiberg Karen | $785,000 | -- | |
| Wiberg Karen | $785,000 | -- | |
| Wiberg Karen | $785,000 | -- | |
| Duffy James T | $626,000 | -- | |
| Duffy James T | $626,000 | -- | |
| Duffy James T | $626,000 | -- | |
| Duffy James T | $626,000 | -- | |
| 28 Fairmount Street Llc | $675,000 | None Available | |
| 28 Fairmount Street Llc | $675,000 | None Available | |
| 28 Fairmount Street Llc | $675,000 | None Available | |
| Fairmount Development Llc | $750,000 | None Available | |
| Fairmount Development Llc | $750,000 | None Available | |
| Fairmount Development Llc | $750,000 | None Available | |
| Goodhue Ruth A | -- | -- | |
| Goodhue Ruth A | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Wiberg Karen | $628,000 | |
| Closed | Wiberg Karen | $628,000 | |
| Previous Owner | Fairmount Development Llc | $675,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/03/2024 01/03/24 | Sold | $675,000 | -3.6% | $222 / Sq Ft | |
| 12/20/2023 12/20/23 | Pending | -- | -- | -- | |
| 11/22/2023 11/22/23 | For Sale | $699,900 | -6.7% | $230 / Sq Ft | |
| 08/01/2022 08/01/22 | Sold | $750,000 | 0.0% | $246 / Sq Ft | View Prior Sale |
| 06/09/2022 06/09/22 | Pending | -- | -- | -- | |
| 06/02/2022 06/02/22 | For Sale | $750,000 | -- | $246 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
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 | $5,881 | $518,600 | $201,900 | $316,700 |
| 2024 | $7,525 | $647,600 | $191,900 | $455,700 |
| 2023 | $7,235 | $578,300 | $177,100 | $401,200 |
| 2022 | $7,652 | $577,500 | $171,200 | $406,300 |
| 2021 | $7,342 | $532,000 | $159,400 | $372,600 |
| 2020 | $6,982 | $483,200 | $150,600 | $332,600 |
| 2019 | $6,925 | $458,600 | $142,900 | $315,700 |
| 2018 | $6,427 | $417,900 | $135,800 | $282,100 |
| 2017 | $6,024 | $379,800 | $114,600 | $265,200 |
| 2016 | $5,867 | $374,400 | $109,200 | $265,200 |
| 2015 | $5,724 | $348,800 | $100,400 | $248,400 |
Source: Public Records
Agents Affiliated with this Home
-
Juan Lopera-Martinez
-
C
Seller Co-Listing Agent in 2024
Christopher Corzo
eXp Realty
-
Jeffrey Wallace
Buyer's Agent in 2024
Jeffrey Wallace
Reference Real Estate
(774) 268-2122
3 in this area
36 Total Sales
-
Margaret Liotta
Seller's Agent in 2022
Margaret Liotta
Keller Williams Gateway Realty
(603) 512-2023
1 in this area
27 Total Sales
-
Judith Zissulis
Buyer's Agent in 2022
Judith Zissulis
Keller Williams Realty Evolution
(781) 417-9779
2 in this area
28 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73182263
APN: SALE-000027-000000-000164
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.
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