NOT LISTED FOR SALE

Estimated Value: $792,000

4 Beds
2 Baths
2,404 Sq Ft
$329/Sq Ft Est. Value

Last Sold June 28, 2024

Last sale price $780,000 $324 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $4,917/month

6 Days on Market

Highlights

  • Marina
  • Medical Services
  • Property is near public transit
  • Community Stables
  • Deck
  • 4-minute walk to Patten Park

About This Home

As of June 2024

Beautifully maintained 2 family in Historic Salem! Owner occupied for over 30 years, the first floor unit offers gorgeous hardwoods, open floor plan, huge cabinet packed kitchen with charming nooks & crannies, open living and dining rooms, 2 bedrooms, 1 bath & off street parking. Second floor is freshly painted, also with stunning hardwood floors, primary bedroom has 2 closets, & eat in kitchen with butlers pantry, second bedroom & full bath. Both units have composite decks off the back to watch the sunrise/sets. Roof & 2 skylights were just replaced 2/24, vinyl siding & composite decking offer easy maintanance. Each unit is separately metered for gas, electric, hot water heaters & furnaces.Huge basement offers laundry hookups and the attic is amazing with options for storage or potential expansion. The yard expands beyoned fence for potential additional parking. All this nestled close to all that Salem has to offer and .6 miles from the Commuter Rail, very commuter friendly!

Last Agent to Sell the Property

Margaret Chassie

Berkshire Hathaway HomeServices Commonwealth Real Estate Listed on: 04/10/2024

Berkshire Hathaway HomeServices Commonwealth Real Estate

Last Buyer's Agent

Judith Zissulis

Keller Williams Realty Evolution

Keller Williams Realty Evolution

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,954

Year Built

  • Built in 1915

Lot Details

  • 3,197 Sq Ft Lot

Home Design

  • Duplex
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,404 Sq Ft Home
  • Property has 1 Level
  • Mud Room
  • Living Room
  • Dining Room
  • Range
  • Attic

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Basement

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

Parking

  • 1 Car Parking Space
  • Driveway
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Deck

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Collins Middle School
  • Salem High School

Utilities

  • Forced Air Heating System
  • 2 Heating Zones
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number M:26 L:0314,2132445

Community Details

Overview

  • 2 Units

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Marina
  • Park
  • Community Stables
  • Jogging Path
  • Bike Trail

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,954

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Year Built: 1915
  • Buyer Agency: 2.00
  • Transaction Broker: 2.00
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Wood, Vinyl, Carpet, Hardwood
  • Interior Amenities: Mudroom, Walk-Up Attic, Bathroom With Tub & Shower, Living Room, Dining Room, Kitchen
  • Fireplace YN: No
  • Appliances: Range, Refrigerator, Washer, Dryer
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full, Interior Entry
  • Living Area: 2404
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: AN6527
  • LIST PRICE PER Sq Ft: 303.62
  • PRICE PER Sq Ft: 324.46
  • MAIN SO: C95098

Exterior Features

  • Exterior Features: Balcony/Deck
  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Deck
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront Features: Beach Front, Ocean
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 2
  • HEAT ZONES: 2
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Stable(s), Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Marina, Public School, T-Station, University
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:26 L:0314,2132445
  • Zoning: R2
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.07
  • Lot Size Area: 0.07
  • Lot Size Sq Ft: 3197
  • Lot Size Units: Acres
  • PAGE: 9
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 7954
  • Tax Book Number: 12495

Multi Family

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

MLS Schools

  • High School: Salem High
  • Middle Or Junior School: Collins Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 15, 2024
Sold by
Cela Elton
Bought by
Cela Property Llc
Current Estimated Value
$792,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
6.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 27, 2024
Sold by
Cela Property Llc
Bought by
Cela Elton

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
6.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 25, 1994
Sold by
Fhlmc
Bought by
Hoi Vo Huu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,800
Interest Rate
7.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 16, 1993
Sold by
Brimicombe James
Bought by
Fhlmc
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
Cela Property Llc -- None Available
Cela Property Llc -- None Available
Cela Elton -- None Available
Cela Elton -- None Available
Hoi Vo Huu $132,000 --
Hoi Vo Huu $132,000 --
Fhlmc $121,178 --
Fhlmc $121,178 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cela Elton $550,000
Previous Owner Fhlmc $100,000
Previous Owner Fhlmc $118,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2024 06/28/24 Sold $780,000 +6.9% $324 / Sq Ft
04/17/2024 04/17/24 Pending -- -- --
04/10/2024 04/10/24 For Sale $729,900 -- $304 / 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 $8,423 $742,800 $195,900 $546,900
2024 $7,954 $684,500 $186,200 $498,300
2023 $7,772 $621,300 $171,900 $449,400
2022 $7,794 $588,200 $166,100 $422,100
2021 $7,369 $534,000 $154,700 $379,300
2020 $7,128 $493,300 $146,100 $347,200
2019 $7,047 $466,700 $138,600 $328,100
2018 $6,486 $421,700 $131,800 $289,900
2017 $6,057 $381,900 $111,100 $270,800
2016 $5,904 $376,800 $106,000 $270,800
2015 $5,560 $338,800 $97,400 $241,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73222048

MLS Property Information Network (MLS PIN)

APN: SALE-000026-000000-000314