NOT LISTED FOR SALE

Estimated Value: $432,553 - $515,000

5 Beds
2 Baths
1,490 Sq Ft
$323/Sq Ft Est. Value

Last Sold April 05, 2019

Last sale price $320,000 $215 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $2,904/month

6 Days on Market

About This Home

As of April 2019

Great Home for the Owner Occupant or Investor. Large Two family home comes with two parcels of land on one deed Coburn St parcel has 2512 s.f. of land with Garage and Ample off street parking, West L Street Parcel has 1450 s. f. of land for a total of 3962 sq. ft. of land. First floor unit is rented with long time tenant (TAW.) Second floor is owner occupied w /newer furnace, appliances, washer dryer and Security System with 6 cameras, DVR and Screen included. Both units have outside porches. Large basement with storage room. Vinyl sided. Nice back yard ! Owner indicates rubber roof and shingles are less than 8-year-old. Home is well kept a must see. Sold As Is.

Last Agent to Sell the Property

Susan Callahan

Coldwell Banker Realty - Salem Listed on: 02/10/2019

Coldwell Banker Realty - Salem

Last Buyer's Agent

Manjit Banwait

United Brokers

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 3,920

Parking

  • 1 Car Garage

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Utilities

  • Natural Gas Water Heater

Additional Features

  • Basement

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Parking

1

Listing Details

  • Property Type: Multi-family
  • Other Agent: 2.00
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 218.05
  • Comp Based On: Net Sale Price
  • Year Built: 1920
  • Lead Paint: Unknown
  • Levels: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1920

Interior Features

  • Flooring: Wood, Vinyl, Wall to Wall Carpet, Laminate
  • Total Flrs: 3
  • No Bedrooms: 5
  • Total Brs: 5
  • Full Bathrooms: 2
  • Total Fbh: 2
  • No Rooms: 9
  • Basement: Y
  • Basement Features: Full, Interior Access
  • Main Lo: K95001
  • Main So: BB9067
  • Estimated Sq Ft: 1490.00

Exterior Features

  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Foundation: Fieldstone
  • Foundation Size: irregular

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 4
  • Garage Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Park, Medical Facility, Highway Access, University

Lot Info

  • Assessments: 193800.00
  • Acre: 0.09
  • Lot Size: 3962.00
  • Page: 36
  • Zoning: R
  • Lot Description: Corner, Level

Multi Family

  • Total Levels: 2
  • Total Rent: 1300
  • Total Rms: 9
  • No Units: 2
  • Mf Type: 2 Family - 2 Units Up/Down

Tax Info

  • Taxes: 2538.40
  • Assessor Parcel Number: 3189515

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 18, 2022
Sold by
Zheng Baojun and Zheng Aili
Bought by
Banwait Manjit S and Banwait Tejeet K
Current Estimated Value
$481,388

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,250
Outstanding Balance
$296,233
Interest Rate
5.3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$185,155

Purchase Details

Listed on
Feb 10, 2019
Closed on
Apr 5, 2019
Sold by
Matos Edward R
Bought by
Zheng Baojun and Zhang Aili
Seller's Agent
Susan Callahan
Coldwell Banker Realty - Salem
Buyer's Agent
Manjit Banwait
United Brokers
List Price
$324,900
Sold Price
$320,000
Premium/Discount to List
-$4,900
-1.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.30%
Original Mortgage
$240,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 13, 2015
Closed on
Apr 30, 2015
Sold by
Camacho Gary N and Camacho Nicole M
Bought by
Matos Edward R
Seller's Agent
George Tgibides
LAER Realty Partners
Buyer's Agent
Mike McDowell
Dick Lepine Real Estate,Inc.
List Price
$204,000
Sold Price
$192,000
Premium/Discount to List
-$12,000
-5.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.92%
Original Mortgage
$188,491
Interest Rate
3.76%
Mortgage Type
FHA

Purchase Details

Listed on
Oct 25, 2013
Closed on
Feb 19, 2014
Sold by
Nguyen Henry
Bought by
Camacho Gary N and Camacho Nicole M
Seller's Agent
Michael Santana
Realty One Group Nest
Buyer's Agent
George Tgibides
LAER Realty Partners
List Price
$189,900
Sold Price
$176,900
Premium/Discount to List
-$13,000
-6.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.06%

Purchase Details

Closed on
Mar 23, 2009
Sold by
Deutsche Bank Natl T C
Bought by
Nguyen Tony and Nguyen Henry

Purchase Details

Closed on
Oct 15, 2008
Sold by
Sousa Mario and Deutsche Bank Natl T C
Bought by
Deutsche Bank Natl T C

Purchase Details

Closed on
Feb 25, 2005
Sold by
Tabor Jacqueline and Tabor James E
Bought by
Sousa Mario

Purchase Details

Closed on
Apr 21, 1998
Sold by
Valliere Charles J and Skaff George
Bought by
Tabor James E

Purchase Details

Closed on
Nov 17, 1997
Sold by
Smith Randy and Smith Mhfa
Bought by
Valliere Charles J and Skaff George

Purchase Details

Closed on
Jan 23, 1989
Sold by
Leverone Marcia
Bought by
Smith Randy
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

Date Buyer Sale Price Title Company
Banwait Manjit S $415,000 None Available
Zheng Baojun $320,000 --
Matos Edward R $192,000 --
Camacho Gary N $176,900 --
Camacho Gary N $176,900 --
Camacho Gary N $176,900 --
Nguyen Tony $100,000 --
Nguyen Henry $100,000 --
Nguyen Henry $100,000 --
Nguyen Henry $100,000 --
Nguyen Tony $100,000 --
Deutsche Bank Natl T C $97,750 --
Deutsche Bank Natl T C $97,750 --
Deutsche Bank Natl T C $97,750 --
Sousa Mario $257,900 --
Sousa Mario $257,900 --
Sousa Mario $257,900 --
Tabor James E $82,000 --
Tabor James E $82,000 --
Valliere Charles J $26,000 --
Valliere Charles J $26,000 --
Smith Randy $72,000 --
Smith Randy $72,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Banwait Manjit S $311,250
Previous Owner Zheng Baojun $240,000
Previous Owner Matos Edward R $188,491
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/05/2019 04/05/19 Sold $320,000 -1.5% $215 / Sq Ft
02/16/2019 02/16/19 Pending -- -- --
02/10/2019 02/10/19 For Sale $324,900 +69.2% $218 / Sq Ft
05/04/2015 05/04/15 Sold $192,000 -5.9% $129 / Sq Ft View Prior Sale
04/04/2015 04/04/15 Pending -- -- --
03/13/2015 03/13/15 For Sale $204,000 +15.3% $137 / Sq Ft
02/19/2014 02/19/14 Sold $176,900 -6.8% $119 / Sq Ft View Prior Sale
01/20/2014 01/20/14 Pending -- -- --
10/25/2013 10/25/13 For Sale $189,900 -- $127 / 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 $4,556 $396,900 $89,700 $307,200
2024 $4,176 $350,600 $78,800 $271,800
2023 $3,887 $313,000 $68,500 $244,500
2022 $3,549 $279,700 $58,400 $221,300
2021 $3,295 $244,800 $50,800 $194,000
2020 $2,810 $210,300 $59,000 $151,300
2019 $2,718 $193,600 $52,100 $141,500
2018 $2,423 $176,400 $49,600 $126,800
2017 $2,401 $160,900 $45,100 $115,800
2016 $2,312 $152,500 $36,700 $115,800
2015 $2,110 $136,300 $35,100 $101,200
2013 -- $130,100 $42,900 $87,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72451582

MLS Property Information Network (MLS PIN)

APN: LOWE-000175-006015-000028