$200,000
SOLD DEC 12, 2016
0.39 Acre
$512,821 Price per Acre
16,988 Sq Ft Lot

Recently Sold

$189 Per Sq Ft

20% Below List Price

75 Days on Market

Highlights

  • Marina
  • Waterfront
  • Community Pool
  • Medical Services
  • Property is near public transit
  • Tennis Courts

About This Lot

As of December 2020

New cul-de-sac, serene, walking trails, open space, natural habitat surroundings. Best home sites in Salem. Easy access to Marlborough Road. Price includes all site and prep work.

Last Agent to Sell the Property

George Fallon

Tache Real Estate, Inc. Listed on: 05/27/2016

Last Buyer's Agent

George Fallon

Tache Real Estate, Inc. Listed on: 05/27/2016

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $766

Year Built

  • 1968

Lot Details

  • 0.39 Acre Lot
  • Waterfront
  • Near Conservation Area
  • Cul-De-Sac
  • Street terminates at a dead end
  • Level Lot
  • 3 Lots in the community
  • Development of the land is complete
  • Additional Parcels
  • Property is zoned R1

Location

  • Property is near public transit
  • Property is near schools

Schools

  • First Choice Elementary School
  • Collins Middle School
  • Salem High School

Utilities

  • Electricity To Lot Line

Listing and Financial Details

  • Assessor Parcel Number 2127519

Community Details

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Marina
  • Tennis Courts
  • Community Pool
  • Park
  • Jogging Path
  • Bike Trail

Property Details

Property Type

Land

Est. Annual Taxes

$766

Year Built

1968

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential
  • Buyer Agency: .025
  • Buyer Agency Type: %
  • Transaction Broker: .01
  • Transaction Broker Type: %
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Land
  • Special Features: None
  • Year Built: 1968

Interior Features

  • MAIN LO: C86500
  • MAIN SO: C86500

Exterior Features

  • Frontage Length: 100
  • Road Frontage Type: Public, Dead End
  • Road Surface Type: Paved
  • Waterfront Features: Beach Front, Bay, Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: Yes

Utilities

  • Sewer: Public Sewer, On-Site
  • Gas: On-Site
  • Electric: On-Site
  • Electricity On Property: Yes
  • Water Source: Public, On-Site
  • SEWAGE DISTRICT: So Es

Condo/Co-op/Association

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

Lot Info

  • Parcel Number: 2127519
  • Zoning: R1
  • Additional Parcels YN: Yes
  • Development Status: Finish Graded
  • Farm Land Area Units: Square Feet
  • Lot Features: Level, Cul-De-Sac, Curbs & Gutters, Storm Drains, Sidewalks, Lot Staked
  • Lot Size Acres: 0.39
  • Lot Size Area: 0.39
  • Lot Size Sq Ft: 16988.4
  • Lot Size Units: Acres
  • Number Of Lots: 3
  • LOT SIZE: 17111
  • PAGE: 000
  • PERC TEST: N

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 766.35
  • Tax Book Number: 000
  • Tax Map Number: 9

MLS Schools

  • High School: Salem High
  • Elementary School: First Choice
  • Middle Or Junior School: Collins

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 25, 2020
Closed on
Dec 28, 2020
Sold by
Fitzgerald Lauren R and Fitzgerald Malcolm F
Bought by
Venegas Violeta E and Venegas Ximena D
Seller's Agent
Regina Paratore
Buyer's Agent
Team Sirois
RE/MAX On the River, Inc.
List Price
$449,900
Sold Price
$500,000
Premium/Discount to List
$50,100
11.14%
Total Days on Market
75
Current Estimated Value
$662,560

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,560
Avg. Annual Appreciation
6.40%
Original Mortgage
$450,000
Outstanding Balance
$407,043
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$250,754

Purchase Details

Closed on
Aug 20, 2007
Sold by
Mancini Donna J and Mancini Michael J
Bought by
Fitzgerald Lauren R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Similar Property in Salem, MA

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    $219,000

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    Recently subdivided from 6 Valley Street, this lot is an ideal location for a new single family home. It's Witchcraft Heights location is ideal as its close to all the amenities that salem has to offer. See attached rendering/plans under documents.

    Robert Drummey NE Property Consultants

    Section Image

Range of Values:

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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 Type Sale Price Title Company
Not Resolvable $500,000 None Available
Deed $355,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $450,000 New Conventional
Previous Owner $295,920 Stand Alone Refi Refinance Of Original Loan
Previous Owner $325,598 No Value Available
Previous Owner $330,000 Purchase Money Mortgage
Previous Owner $100,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2020 12/31/20 Sold $500,000 +11.1% $301 / Sq Ft
12/03/2020 12/03/20 Pending -- -- --
11/25/2020 11/25/20 For Sale $449,900 +125.0% $271 / Sq Ft
12/12/2016 12/12/16 Sold $200,000 -19.7% $189 / Sq Ft
11/12/2016 11/12/16 Pending -- -- --
05/27/2016 05/27/16 For Sale $249,000 -- $236 / 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 $7,055 $622,100 $223,700 $398,400
2024 $6,766 $582,300 $211,100 $371,200
2023 $6,530 $522,000 $192,200 $329,800
2022 $6,351 $479,300 $176,400 $302,900
2021 $5,756 $417,100 $163,800 $253,300
2020 $5,904 $408,600 $160,700 $247,900
2019 $5,878 $389,300 $151,200 $238,100
2018 $5,505 $357,900 $141,100 $216,800
2017 $5,277 $332,700 $132,300 $200,400
2016 $5,213 $332,700 $132,300 $200,400
2015 $4,938 $300,900 $116,500 $184,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72012920

MLS Property Information Network (MLS PIN)

APN: SALE-000009-000000-000193