NOT LISTED FOR SALE

3 Arthur St Salem, MA 01970

Castle Hill Neighborhood

Estimated Value: $762,000 - $845,000

5 Beds
2 Baths
2,355 Sq Ft
$341/Sq Ft Est. Value

Last Sold February 17, 2015

Last sale price $365,000 $155 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $4,865/month

47 Days on Market

About This Home

As of February 2015

New to market, and priced to sell. Two family in South Salem with large three bedroom owners unit, additional family room, full bath, and forth bedroom in partially finished basement. Second unit is rented and tenants would like to continue on with the new owners, making this home affordable from the start. This home has laundry hook ups for both units, has been recently painted, fenced yard with shed, and roof done in 2008. Open house 12/14/2014 from 11 to 12:30

Last Agent to Sell the Property

Matthew Power

1 Percent Realty, LLC Listed on: 12/02/2014

Last Buyer's Agent

Chris Leblanc

Citylight Homes LLC

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,801

Year Built

1927

Lot Details

0

Listing Details

  • Lot Description: Paved Drive
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1927

Interior Features

  • Fireplaces: 1
  • Has Basement: Yes
  • Fireplaces: 1
  • Number of Rooms: 10
  • Electric: Circuit Breakers, Individually Metered
  • Flooring: Wood, Tile, Vinyl
  • Basement: Full, Partially Finished, Concrete Floor

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Shingles, Wood
  • Exterior Features: Porch - Enclosed
  • Foundation: Fieldstone

Garage/Parking

  • Parking: Off-Street
  • Parking Spaces: 2

Utilities

  • Heat Zones: 1
  • Hot Water: Natural Gas

Lot Info

  • Assessor Parcel Number: M:23 L:0033

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2014
Closed on
Feb 17, 2015
Sold by
Mcgrath Rayleen H and Mcgrath Kevin C
Bought by
Delarosa Maria
Seller's Agent
Matthew Power
1 Percent Realty, LLC
Buyer's Agent
Chris Leblanc
Citylight Homes LLC
List Price
$369,900
Sold Price
$365,000
Premium/Discount to List
-$4,900
-1.32%
Current Estimated Value
$803,851

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$438,851
Avg. Annual Appreciation
7.59%
Original Mortgage
$353,479
Outstanding Balance
$266,787
Interest Rate
3.37%
Mortgage Type
FHA
Estimated Equity
$537,064

Purchase Details

Closed on
Sep 13, 2002
Sold by
Zubiel Michael J Est
Bought by
Mcgrath Rayleen H and Mcgrath Kevin C
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Delarosa Maria $360,000 --
Mcgrath Rayleen H $284,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Delarosa Maria $353,479
Previous Owner Mcgrath Rayleen H $332,722
Previous Owner Mcgrath Rayleen H $66,326
Previous Owner Mcgrath Rayleen H $21,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/17/2015 02/17/15 Sold $365,000 -1.3% $155 / Sq Ft
01/18/2015 01/18/15 Pending -- -- --
12/02/2014 12/02/14 For Sale $369,900 -- $157 / 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 $7,801 $687,900 $205,200 $482,700
2024 $7,412 $637,900 $195,000 $442,900
2023 $7,129 $569,900 $180,000 $389,900
2022 $7,327 $553,000 $174,000 $379,000
2021 $6,948 $503,500 $162,000 $341,500
2020 $6,831 $472,700 $153,000 $319,700
2019 $6,700 $443,700 $145,200 $298,500
2018 $6,069 $394,600 $138,000 $256,600
2017 $5,651 $356,300 $116,400 $239,900
2016 $5,499 $350,900 $111,000 $239,900
2015 $4,247 $258,800 $102,000 $156,800
Source: Public Records

Agents Affiliated with this Home

  • Matthew Power

    Seller's Agent in 2015

    Matthew Power

    1 Percent Realty, LLC

    (978) 944-9600

    1 in this area

    19 Total Sales

    Matthew Power
    Section Image

  • C

    Buyer's Agent in 2015

    Chris Leblanc

    Citylight Homes LLC

    (978) 977-0050

    35 Total Sales

    Chris Leblanc
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71773869

MLS Property Information Network (MLS PIN)

APN: SALE-000023-000000-000033

Massachusetts Essex County Salem 01970 Castle Hill

3 Arthur St, Salem, MA

Not Listed for Sale

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