NOT LISTED FOR SALE

Estimated Value: $745,000 - $859,000

4 Beds
2 Baths
2,207 Sq Ft
$355/Sq Ft Est. Value

Last Sold September 12, 2022

Last sale price $649,000 $294 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $4,854/month

22 Days on Market

Highlights

  • Medical Services
  • Property is near public transit
  • 1 Fireplace
  • Cape Cod Architecture
  • Wood Flooring
  • Tandem Parking

About This Home

As of September 2022

Your next home could be 3 Desmond Terrace! This charming updated Cape style home on a quiet dead end street checks all the boxes. Enter into a spacious living room with hardwood floors, fireplace and wainscoting. Directly off the living room is an updated kitchen with granite countertops, shaker style cabinets, recessed lighting, gas cooking and modern appliances. The kitchen opens up to a comfortable dining area and looks out to a large level backyard great for all of your outdoor needs. The first floor is completed with 2 bedrooms and 1 full bathroom. The second level features 2 generously sized bedrooms and a full bathroom with standup shower. The basement is partially finished offering great flexible space, storage along with laundry. Updates to this home include a newer roof, outdoor shed and mini-split systems. Great neighborhood close to Forest River Park and a short distance to downtown Salem.

Last Agent to Sell the Property

Andrew McKinney

Donnelly + Co. Listed on: 07/29/2022

Co-Listed By

Hodge Stillwell

Donnelly + Co.

Last Buyer's Agent

Keystone Buyer Brokerage Team

Keystone Group Real Estate, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,486

Year Built

  • Built in 1953

Lot Details

  • 6,926 Sq Ft Lot
  • Fenced
  • Level Lot
  • Garden
  • Property is zoned R1

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,207 Sq Ft Home
  • 1 Fireplace
  • Insulated Windows
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Parking Spaces
  • Tandem Parking
  • Shared Driveway
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Patio
  • Outdoor Storage
  • Rain Gutters

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Ductless Heating Or Cooling System
  • 5 Cooling Zones
  • 2 Heating Zones
  • Heating System Uses Oil
  • Baseboard Heating
  • Natural Gas Connected
  • Oil Water Heater

Community Details

  • Medical Services
  • Shops

Listing and Financial Details

  • Assessor Parcel Number M:32 L:0296,2134394

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,486

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cape
  • Year Built: 1953
  • Buyer Agency: 2.5
  • Buyer Agency Type: %
  • Transaction Broker: 1
  • Transaction Broker Type: %
  • Year Built Details: Actual,Renovated Since
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Gross/Full Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour

Interior Features

  • Flooring: Hardwood
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Range,Dishwasher,Disposal,Microwave,Refrigerator,Washer,Dryer, Oil Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Dryer
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Laundry Features: Washer Hookup
  • Basement: Full
  • Living Area: 2207
  • Window Features: Insulated Windows
  • MAIN LO: AN3373
  • LIST PRICE PER Sq Ft: 294.06
  • PRICE PER Sq Ft: 294.06
  • MAIN SO: AN6854

Exterior Features

  • Exterior Features: Rain Gutters, Storage, Garden
  • Construction Materials: Frame, Brick
  • Fencing: Fenced/Enclosed, Fenced
  • Foundation Details: Block
  • Patio And Porch Features: Patio
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Shared Driveway, Off Street, Tandem
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Dryer, Washer Hookup
  • Cooling: Ductless
  • Heating: Baseboard, Oil
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 2
  • COOLING ZONES: 5

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Medical Facility, Highway Access, Public School, T-Station, University

Lot Info

  • Parcel Number: M:32 L:0296,2134394
  • Zoning: R1
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.16
  • Lot Size Area: 0.16
  • Lot Size Sq Ft: 6926
  • Lot Size Units: Acres
  • Property Attached YN: No
  • PAGE: 373
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 6486
  • Tax Book Number: 36868

Multi Family

  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 15, 2019
Sold by
Towne Jessica V and Wray Abigail
Bought by
Towne Jessica V and Wray Abigail
Current Estimated Value
$784,307

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 4, 2018
Closed on
Jul 17, 2018
Sold by
Bauer Michelle M and Burke Michael E
Bought by
Towne Jessica V
Seller's Agent
Kenneth Wentworth
Coldwell Banker Realty - Plymouth
Buyer's Agent
Elizabeth Goodwin
Commonwealth Properties Residential, LLC
List Price
$445,000
Sold Price
$456,000
Premium/Discount to List
$11,000
2.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.88%
Original Mortgage
$387,600
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 31, 2014
Closed on
Apr 18, 2014
Sold by
Abbruzzese Peter
Bought by
Burke Michael E and Burke Michael M
Seller's Agent
Matthew Power
1 Percent Realty, LLC
Buyer's Agent
Linda Hayes
William Raveis R.E. & Home Services
List Price
$345,900
Sold Price
$340,000
Premium/Discount to List
-$5,900
-1.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.15%
Original Mortgage
$340,000
Interest Rate
4.26%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 20, 2013
Closed on
Sep 18, 2013
Sold by
Lathrop Ursula Est
Bought by
Abbruzzese Peter
Seller's Agent
Julianna Tache
Tache Real Estate, Inc.
Buyer's Agent
Matthew Power
1 Percent Realty, LLC
List Price
$259,900
Sold Price
$259,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
58.91%
Original Mortgage
$260,000
Interest Rate
4.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 1998
Sold by
Walsh John J and Walsh David W
Bought by
Shehu Adrian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.92%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Towne Jessica V -- --
Towne Jessica V $456,000 --
Burke Michael E $340,000 --
Abbruzzese Peter $259,900 --
Shehu Adrian $173,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maclyons Shakira E $584,100
Closed Towne Jessica V $392,000
Previous Owner Towne Jessica V $387,600
Previous Owner Burke Michael E $340,000
Previous Owner Shehu Adrian $260,000
Previous Owner Shehu Adrian $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2022 09/12/22 Sold $649,000 0.0% $294 / Sq Ft
08/21/2022 08/21/22 Pending -- -- --
08/11/2022 08/11/22 Price Changed $649,000 -4.4% $294 / Sq Ft
07/29/2022 07/29/22 For Sale $679,000 +48.9% $308 / Sq Ft
07/17/2018 07/17/18 Sold $456,000 +2.5% $207 / Sq Ft
06/16/2018 06/16/18 Pending -- -- --
06/04/2018 06/04/18 For Sale $445,000 +30.9% $202 / Sq Ft
04/18/2014 04/18/14 Sold $340,000 -1.7% $227 / Sq Ft
03/15/2014 03/15/14 Pending -- -- --
01/31/2014 01/31/14 For Sale $345,900 +33.1% $231 / Sq Ft
09/18/2013 09/18/13 Sold $259,900 0.0% $173 / Sq Ft
08/28/2013 08/28/13 Pending -- -- --
08/20/2013 08/20/13 For Sale $259,900 -- $173 / 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 $6,962 $613,900 $215,100 $398,800
2024 $6,807 $585,800 $204,400 $381,400
2023 $6,667 $532,900 $188,700 $344,200
2022 $6,486 $489,500 $182,400 $307,100
2021 $6,064 $439,400 $169,800 $269,600
2020 $6,056 $419,100 $160,400 $258,700
2019 $6,035 $399,700 $152,200 $247,500
2018 $5,786 $376,200 $144,600 $231,600
2017 $5,430 $342,400 $122,000 $220,400
2016 $5,276 $336,700 $116,300 $220,400
2015 $4,987 $303,900 $106,900 $197,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73018849

MLS Property Information Network (MLS PIN)

APN: SALE-000032-000000-000296