NOT LISTED FOR SALE

Estimated Value: $748,717 - $830,000

6 Beds
3 Baths
3,043 Sq Ft
$254/Sq Ft Est. Value

Sale Details

Date Sold: January 3, 2024

Last sale price $675,000 $222 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $4,642 / mo

27 Days on Market

About This Home

As of January 2024

Investors 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!

Last Agent to Sell the Property

Juan Lopera-Martinez

eXp Realty LLC Listed on: 11/22/2023

eXp Realty LLC

Co-Listed By

Christopher Corzo

eXp Realty LLC - Corporate Office

Last Buyer's Agent

Jeffrey Wallace

Reference Real Estate

Reference Real Estate

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,235

Year Built

Built in 1900

Lot Details

4,365 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Year Built: 1900
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 6
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full, Walk-Out Access, Bulkhead, Unfinished
  • Living Area: 3043
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: AC0342
  • MAIN SO: AN2383

Exterior Features

  • Fencing: Fenced/Enclosed
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Waterfront Features: Beach Front, Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community YN: No

Lot Info

  • Parcel Number: M:27 L:0164,2133141
  • Zoning: R2
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.1
  • Lot Size Sq Ft: 4365
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 7235

Multi Family

  • Number Of Units Total: 2
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEASE 2: N
  • LEASE 1: N

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 18, 2025
Sold by
Bought by
Current Estimated Value
$773,179

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
$621,999
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$151,180

Purchase Details

Closed on
Jun 26, 2025
Sold by
Bought by

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
$621,999
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$151,180

Purchase Details

Listed on
Nov 22, 2023
Closed on
Dec 25, 2023
Sold by
Bought by
Seller's Agent
Juan Lopera-Martinez
eXp Realty LLC
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
5.61%

Purchase Details

Listed on
Jun 2, 2022
Closed on
Jul 29, 2022
Sold by
Bought by
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
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$785,000 --
$785,000 --
$785,000 --
$626,000 --
$626,000 --
$626,000 --
$626,000 --
$675,000 None Available
$675,000 None Available
$675,000 None Available
$750,000 None Available
$750,000 None Available
$750,000 None Available
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $628,000
Closed $628,000
Previous Owner $675,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73182263

MLS Property Information Network (MLS PIN)

APN: SALE-000027-000000-000164

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