NOT LISTED FOR SALE

28 Grove St Salem, MA 01970

Mack Park Neighborhood

Estimated Value: $667,000 - $731,000

7 Beds
4 Baths
3,083 Sq Ft
$223/Sq Ft Est. Value

Last Sold November 30, 2023

Last sale price $975,000 $316 Per Sq Ft

Est. 29% decrease in value since last sale

Current estimated payment $4,206/month

9 Days on Market

Highlights

  • Medical Services
  • Property is near public transit and schools
  • Tandem Parking
  • Deck
  • Wood Flooring
  • 3-minute walk to Mack Park

About This Home

As of November 2023

Welcome to this spacious, updated 3 family home ideally located in North Salem in close proximity to downtown, highways, shopping & the commuter rail. Roof & systems all updated within the past 6 years. Off street parking for 3 cars. Unit 1 consists of 3 bedrooms, 2 bathrooms, living room and kitchen with granite counters, stainless steel appliances and white cabinets. Unit 1 also features hardwood floors, central A/C & a small deck. Unit 1 is currently rented, TAW, for $2,800/month. Unit 2 consists of 2 bedrooms, 1 bathroom, living room and kitchen. Unit 2 also features hardwood floors & a small deck. Unit 2 is currently rented, on a lease through 6/30/24, for $2,100/month. Unit 3 consists of 2 bedrooms, 1 bathroom, living room and kitchen with stainless steel appliances & white cabinets. Unit 3 also features hardwood floors, skylights & a small deck. Unit 3 is currently vacant. Laundry in basement. Each unit has a private storage unit in the basement. Property features a rear patio.

Last Agent to Sell the Property

Anthony Bruno

Gibson Sotheby's International Realty Listed on: 09/21/2023

Gibson Sotheby's International Realty

Last Buyer's Agent

Edson Dias

Joman Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,199

Year Built

  • Built in 1870 | Remodeled

Lot Details

  • 3,598 Sq Ft Lot
  • Level Lot

Home Design

  • 3,083 Sq Ft Home
  • Triplex
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • 3 Car Parking Spaces
  • Tandem Parking
  • Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Patio

Utilities

  • No Cooling
  • 1 Cooling Zone
  • 3 Heating Zones
  • Heating Available

Additional Features

  • Dishwasher
  • Laundry Room
  • Property is near public transit and schools

Listing and Financial Details

  • Total Actual Rent $4,900

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops

Recreation

  • Park

Building Details

  • Net Operating Income $58,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,199

Year Built

Built in 1870 | Remodeled

Lot Details

3,598 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family - 3 Units Up/Down
  • Property Condition: Unit 1 Remodeled
  • Year Built: 1870
  • Year Built Details: Actual,Renovated Since
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 6

Interior Features

  • Flooring: Tile,Vinyl,Carpet,Varies Per Unit,Hardwood, Unit 1(undefined), Unit 2(Tile Floor,Hardwood Floors,Wall to Wall Carpet), Unit 3(Tile Floor,Hardwood Floors)
  • Interior Amenities: Unit 1(Ceiling Fans,Crown Molding,Stone/Granite/Solid Counters,Upgraded Countertops,Bathroom with Shower Stall,Bathroom With Tub,Open Floor Plan), Unit 2(Ceiling Fans,Bathroom With Tub), Unit 3(Bathroom With Tub,Open Floor Plan), Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen), Unit 3 Rooms(Living Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Dishwasher,Refrigerator,Freezer), Unit 2(Range,Refrigerator,Freezer), Unit 3(Range,Dishwasher,Refrigerator,Freezer)
  • Total Bedrooms: 7
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Laundry Features: Laundry Room
  • Basement: Full, Interior Entry, Unfinished
  • Living Area: 3083
  • Spa YN: No
  • Stories Total: 6
  • MAIN LO: BB5918
  • MAIN SO: AN3376

Exterior Features

  • Exterior Features: Deck,Patio,Gutters, Unit 1 Balcony/Deck, Unit 2 Balcony/Deck, Unit 3 Balcony/Deck
  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Deck, Patio
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Tandem, Paved
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Cooling: Unit 1(Central Air), Unit 2(None), Unit 3(None)
  • Heating: Unit 1(Central Heat,Forced Air,Gas), Unit 2(Central Heat,Hot Water Baseboard,Gas), Unit 3(Central Heat,Hot Water Baseboard,Gas)
  • Cooling Y N: No
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 3
  • HEAT ZONES: 3
  • COOLING ZONES: 1

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Medical Facility, Highway Access, Public School, T-Station, University, Sidewalks
  • Senior Community YN: No

Lot Info

  • Zoning: R1
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.08
  • Lot Size Sq Ft: 3598
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 11199

Multi Family

  • Net Operating Income: 58800
  • Number Of Units Total: 3
  • Total Actual Rent: 4900
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • COOLING UNITS: 1
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: Y
  • LEASE 1: N
  • FLRS 3: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 15, 2019
Sold by
Bond Philip J
Bought by
Rowell Kevin and Sohn Jihae
Current Estimated Value
$688,723

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,750
Outstanding Balance
$338,261
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$350,462

Purchase Details

Closed on
Oct 25, 2006
Sold by
Fiorenza Lee A
Bought by
Bond Philip J and Rogers Elizabeth B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,900
Interest Rate
6.48%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 5, 2003
Sold by
Given Amanda J and Given Jeffrey N
Bought by
Fiorenza Lee A

Purchase Details

Closed on
Sep 15, 2000
Sold by
Averill Michael
Bought by
Given Jeffrey N and Given Amanda J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rowell Kevin $405,000 --
Bond Philip J $370,500 --
Fiorenza Lee A $334,000 --
Given Jeffrey N $248,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rowell Kevin $384,750
Previous Owner Given Jeffrey N $335,825
Previous Owner Given Jeffrey N $351,900
Previous Owner Given Jeffrey N $25,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2023 11/30/23 Sold $975,000 0.0% $316 / Sq Ft
10/01/2023 10/01/23 Pending -- -- --
09/21/2023 09/21/23 For Sale $975,000 -- $316 / 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 $6,616 $583,400 $165,900 $417,500
2024 $6,569 $565,300 $165,900 $399,400
2023 $6,250 $499,600 $151,900 $347,700
2022 $5,919 $446,700 $146,300 $300,400
2021 $5,982 $433,500 $137,800 $295,700
2020 $5,703 $394,700 $123,800 $270,900
2019 $5,534 $366,500 $112,500 $254,000
2018 $5,351 $347,900 $104,600 $243,300
2017 $5,299 $334,100 $98,400 $235,700
2016 $4,945 $315,600 $79,900 $235,700
2015 $4,829 $294,300 $79,900 $214,400
Source: Public Records

Agents Affiliated with this Home

  • Anthony Bruno

    Seller's Agent in 2023

    Anthony Bruno

    Gibson Sothebys International Realty

    (617) 963-3378

    1 in this area

    47 Total Sales

    Anthony Bruno
    Section Image
  • Edson Dias

    Buyer's Agent in 2023

    Edson Dias

    Joman Realty

    (617) 930-4632

    1 in this area

    8 Total Sales

    Edson Dias
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73161878

MLS Property Information Network (MLS PIN)

APN: SALE-000016-000000-000244

Massachusetts Essex County Salem 01970 Mack Park

28 Grove St, Salem, MA

Not Listed for Sale

MultiFamily

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