NOT LISTED FOR SALE

28 Gerrish Rd Salisbury, MA 01952

Estimated Value: $686,000 - $1,016,000

5 Beds
4 Baths
4,001 Sq Ft
$204/Sq Ft Est. Value

Last Sold August 16, 2019

Last sale price $460,000 $115 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $5,139/month

46 Days on Market

Highlights

  • In Ground Pool
  • Wood Flooring
  • Patio
  • Deck

About This Home

As of August 2019

Bring your family, bring your toys and bring your hammer and ideas to this amazing 2 family home located in a wonderful beach town with some of the lowest taxes in the state. When originally constructed, this house was absolutely state of the art with amazing features through out. A true contemporary boasting wonderful light thru the day, and room for everyone to spread out. A lovely in ground cement pool with mature landscaping is surrounded by almost an acre of play space. Picture of pool is cover of pool. The detached 4 car oversized garage has room for all your toys and then some! Currently in need of significant renovations yet its original beauty shines through! The main house has large rooms and built as an open concept home before anyone else even understood the concept. The second unit is a smaller, 2 story property with 2 separate entrances. Located only 5 minutes to Routes 95/495 and beautiful Salisbury Beach - this may be worth your time and your money!

Last Listed By

Lisa Newman

LAER Realty Partners Listed on: 06/01/2019

LAER Realty Partners

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,058

Year Built

  • Built in 1975

Lot Details

  • 0.98

Parking

  • 6 Car Garage

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile
  • Vinyl

Outdoor Features

  • In Ground Pool
  • Deck
  • Patio

Additional Features

  • Year Round Access
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number M:20 P: 6

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,058

Year Built

Built in 1975

Lot Details

0

Parking

6

Listing Details

  • Property Type: Multi-family
  • Other Agent: 2.00
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 122.44
  • Comp Based On: Net Sale Price
  • Year Built: 1975
  • Lead Paint: Unknown
  • Year Round: Yes
  • Levels: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1975

Interior Features

  • Fireplaces: 2
  • Flooring: Wood, Tile, Vinyl, Wall to Wall Carpet
  • Total Frplcs: 2
  • No Bedrooms: 5
  • Total Brs: 5
  • Full Bathrooms: 4
  • Total Fbh: 4
  • No Rooms: 12
  • Main Lo: AN0382
  • Main So: AN1199
  • Estimated Sq Ft: 4001.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Wood
  • Exterior Features: Deck, Patio, Pool - Inground
  • Foundation: Poured Concrete

Garage/Parking

  • Parking Spaces: 10
  • Garage Spaces: 6

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: 200 Amps
  • Cooling Zones: 5
  • Heat Zones: 5
  • Hot Water: Electric
  • Utility Connections: for Gas Range
  • Cooling Units: 1

Schools

  • High School: Triton

Lot Info

  • Assessments: 532000.00
  • Acre: 0.98
  • Lot Size: 42817.00
  • Page: 723
  • Parcel Number: M:20 P: 6
  • Zoning: R2
  • Lot Description: Corner

Multi Family

  • Heat Units: 1
  • Total Levels: 4
  • Total Rms: 11
  • No Units: 2
  • Mf Type: 2 Family

Tax Info

  • Taxes: 6310.00
  • Assessor Parcel Number: 4042095

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2019
Closed on
Aug 12, 2019
Sold by
Grasso Gretchen E
Bought by
Neal Timothy
Seller's Agent
Lisa Newman
LAER Realty Partners
Buyer's Agent
LeeAnne Trohon
LAER Realty Partners
List Price
$489,900
Sold Price
$460,000
Premium/Discount to List
-$29,900
-6.1%
Total Days on Market
46
Current Estimated Value
$817,008

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$357,008
Avg. Annual Appreciation
10.47%
Original Mortgage
$423,200
Outstanding Balance
$374,634
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$442,375

Purchase Details

Closed on
Jun 5, 2003
Sold by
Seabrook Gerrish Rt and Grasso Gretchen E
Bought by
Grasso Ray R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.83%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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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

Date Buyer Sale Price Title Company
Neal Timothy $460,000 --
Grasso Ray R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Neal Timothy $423,200
Previous Owner Grasso Ray R $282,200
Previous Owner Grasso Ray R $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2019 08/16/19 Sold $460,000 -6.1% $115 / Sq Ft
07/17/2019 07/17/19 Pending -- -- --
06/01/2019 06/01/19 For Sale $489,900 -- $122 / 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 $7,058 $700,200 $173,900 $526,300
2024 $6,786 $649,400 $173,900 $475,500
2023 $6,728 $623,000 $173,900 $449,100
2022 $6,011 $539,600 $156,500 $383,100
2021 $5,900 $524,000 $156,500 $367,500
2020 $5,874 $512,600 $156,500 $356,100
2019 $6,310 $532,000 $152,200 $379,800
2018 $5,908 $501,500 $145,600 $355,900
2017 $5,550 $465,600 $130,500 $335,100
2016 $5,417 $464,200 $126,100 $338,100
2015 $5,518 $469,600 $117,400 $352,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72510542

MLS Property Information Network (MLS PIN)

APN: 206&59