NOT LISTED FOR SALE

Estimated Value: $595,000 - $677,546

2 Beds
2 Baths
1,647 Sq Ft
$384/Sq Ft Est. Value

Last Sold June 30, 2016

Last sale price $295,000 $179 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $3,952/month

8 Days on Market

About This Home

As of June 2016

Please come to our open house Sunday May 22nd 11-12:30 .... own in a desirable area of Salem close to the center!....Built only 20 years ago, this sunny 2 bedroom raised ranch with private rear deck presents a rare opportunity for the right 'buyer'...walk to downtown cafes, shops and restaurants....library, and wharf area etc. etc.. Short walk to commuter rail to Boston. Schools, playground and Salem Hospital are nearby. It's only a few minutes drive to Forest River Park and the beach! Partly finished lower level presents an opportunity for a "family room" area and includes a functioning bathroom waiting for finishing work...an excellent value as you shall see.....

Last Agent to Sell the Property

Alan Indeck

Indeck Real Estate Listed on: 05/17/2016

Last Buyer's Agent

Maria Calderon

RE/MAX 360 License #449548677

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,020

Year Built

1995

Lot Details

0

Listing Details

  • Lot Description: Paved Drive
  • Property Type: Single Family
  • Other Agent: 2.00
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1995

Interior Features

  • Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
  • Has Basement: No
  • Number of Rooms: 5
  • Amenities: Public Transportation, Shopping, Medical Facility, T-Station
  • Electric: Circuit Breakers, 200 Amps
  • Energy: Insulated Windows
  • Flooring: Vinyl, Wall to Wall Carpet
  • Insulation: Fiberglass
  • Bedroom 2: Second Floor
  • Bathroom #1: Second Floor
  • Bathroom #2: First Floor
  • Kitchen: Second Floor
  • Laundry Room: First Floor
  • Living Room: Second Floor
  • Master Bedroom: Second Floor

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Vinyl
  • Exterior Features: Deck, Pool - Above Ground
  • Foundation: Poured Concrete

Garage/Parking

  • Garage Parking: Under
  • Garage Spaces: 1
  • Parking: Off-Street
  • Parking Spaces: 2

Utilities

  • Heating: Hot Water Baseboard, Oil
  • Heat Zones: 1
  • Hot Water: Oil
  • Utility Connections: for Electric Range, for Electric Dryer
  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Sewage District: SEssx

Lot Info

  • Assessor Parcel Number: M:25 L:0278
  • Zoning: R2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2016
Closed on
Jun 30, 2016
Sold by
Loyte Mark W
Bought by
Francisco Leocadio and Francisco Anny
Seller's Agent
Alan Indeck
Indeck Real Estate
Buyer's Agent
Maria Calderon
RE/MAX 360
List Price
$259,500
Sold Price
$295,000
Premium/Discount to List
$35,500
13.68%
Current Estimated Value
$633,137

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$338,137
Avg. Annual Appreciation
8.20%
Original Mortgage
$130,000
Outstanding Balance
$105,442
Interest Rate
3.58%
Mortgage Type
New Conventional
Estimated Equity
$501,543

Purchase Details

Closed on
Feb 6, 1996
Sold by
Burnham Philip J
Bought by
Loyte Mark W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,850
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 24, 1993
Sold by
Zito Patricia
Bought by
Burnham Philip J
Source: Public Records

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
Francisco Leocadio $295,000 --
Loyte Mark W $132,500 --
Burnham Philip J $24,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Francisco Leocadio $130,000
Previous Owner Burnham Philip J $147,000
Previous Owner Burnham Philip J $157,000
Previous Owner Burnham Philip J $125,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2016 06/30/16 Sold $295,000 +13.7% $179 / Sq Ft
05/25/2016 05/25/16 Pending -- -- --
05/17/2016 05/17/16 For Sale $259,500 -- $158 / 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 $6,020 $530,900 $182,500 $348,400
2024 $5,881 $506,100 $182,500 $323,600
2023 $5,678 $453,900 $167,000 $286,900
2022 $5,683 $428,900 $160,800 $268,100
2021 $5,451 $395,000 $151,600 $243,400
2020 $5,553 $384,300 $136,100 $248,200
2019 $5,472 $362,400 $123,700 $238,700
2018 $5,122 $333,000 $115,100 $217,900
2017 $4,920 $310,200 $108,300 $201,900
2016 $4,629 $295,400 $87,800 $207,600
2015 $4,546 $277,000 $87,800 $189,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72006696

MLS Property Information Network (MLS PIN)

APN: SALE-000025-000000-000278