NOT LISTED FOR SALE

3 English St Salem, MA 01970

Derby Street Neighborhood

Estimated Value: $713,686 - $883,000

5 Beds
2 Baths
2,766 Sq Ft
$291/Sq Ft Est. Value

Last Sold July 27, 2016

Last sale price $415,000 $150 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $5,106/month

110 Days on Market

About This Home

As of July 2016

Great two-family in popular Derby Wharf area! Over $40,000 in updates over the last 18 months. New and updated furnaces, 200 amp electrical upgrade, completely updated bathroom, new flooring, replacement windows, new front and rear decks, and more. Quiet, tree-lined street near the water ferry, Pickering Wharf, and public transportation. Walk to Salem Common. 2 off-street parking spaces, and lots of curb appeal. Fantastic opportunity for a home with income, or a great investment property! Join the North Shore in the beautiful historical city of Salem!

Last Listed By

Kerrie Myers

LAER Realty Partners Listed on: 02/11/2016

LAER Realty Partners

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,234

Year Built

1900

Lot Details

0

Listing Details

  • Lot Description: Paved Drive, Shared Drive, City View(s), Fenced/Enclosed, Level
  • Property Type: Multi-family
  • Other Agent: 2.00
  • Lead Paint: Unknown
  • Year Round: Yes
  • Insc: 1300
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1900

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 9
  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Bike Path, Marina, Public School, T-Station, University
  • Electric: Circuit Breakers, 200 Amps
  • Flooring: Wood, Tile, Vinyl, Wall to Wall Carpet, Hardwood
  • Basement: Full, Interior Access, Concrete Floor, Unfinished Basement
  • Total Levels: 3

Exterior Features

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

Garage/Parking

  • Parking: Off-Street, Paved Driveway
  • Parking Spaces: 2

Utilities

  • Heat Zones: 2
  • Hot Water: Natural Gas, Tank
  • Utility Connections: for Electric Range, for Electric Oven, for Gas Dryer
  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric: 120

Condo/Co-op/Association

  • Total Units: 2

Lot Info

  • Zoning: R2

Multi Family

  • APOD Available: Yes
  • Foundation: Irregular
  • Heat Units: 2
  • Total Bedrooms: 5
  • Total Floors: 3
  • Total Full Baths: 2
  • Total Levels: 3
  • Total Rms: 9
  • Total Rent_1: 3275

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2014
Closed on
Jun 23, 2014
Sold by
Alonzo Roberto
Bought by
Jennifer Panarelli Robert and Jennifer Pamnarelli
Seller's Agent
Joan Fitzgibbons
Schruender Realty
Buyer's Agent
Sarah Sherrow
Alcove Realty
List Price
$379,900
Sold Price
$351,500
Premium/Discount to List
-$28,400
-7.48%
Total Days on Market
110
Current Estimated Value
$804,422

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$452,922
Avg. Annual Appreciation
7.87%
Original Mortgage
$294,000
Outstanding Balance
$227,587
Interest Rate
4.21%
Mortgage Type
New Conventional
Estimated Equity
$576,835

Purchase Details

Closed on
Aug 13, 2010
Sold by
Tremblay Robert A and Tremblay Elizabeth L
Bought by
Alonzo Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,877
Interest Rate
4.5%
Mortgage Type
FHA

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
Jennifer Panarelli Robert $351,500 --
Alonzo Robert $235,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jennifer Panarelli Robert $294,000
Previous Owner Tremblay Robert A $231,877
Previous Owner Tremblay Robert A $21,000
Previous Owner Tremblay Robert A $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2016 07/27/16 Sold $415,000 0.0% $150 / Sq Ft
05/31/2016 05/31/16 Pending -- -- --
04/19/2016 04/19/16 Price Changed $414,900 -5.7% $150 / Sq Ft
02/11/2016 02/11/16 For Sale $440,000 +25.2% $159 / Sq Ft
06/24/2014 06/24/14 Sold $351,500 -7.5% $154 / Sq Ft
05/25/2014 05/25/14 Pending -- -- --
03/25/2014 03/25/14 For Sale $379,900 -- $167 / 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 $7,234 $637,900 $191,900 $446,000
2024 $6,921 $595,600 $182,300 $413,300
2023 $6,745 $539,200 $168,300 $370,900
2022 $6,751 $509,500 $162,700 $346,800
2021 $6,402 $463,900 $151,500 $312,400
2020 $6,190 $428,400 $143,100 $285,300
2019 $6,128 $405,800 $135,800 $270,000
2018 $5,821 $378,500 $129,000 $249,500
2017 $5,266 $332,000 $108,800 $223,200
2016 $4,877 $311,200 $103,800 $207,400
2015 $4,728 $288,100 $95,400 $192,700
Source: Public Records

Agents Affiliated with this Home

  • Kerrie Myers

    Seller's Agent in 2016

    Kerrie Myers

    Laer Realty

    (978) 223-7343

    11 Total Sales

    Kerrie Myers
    Section Image
  • Pam Cote

    Buyer's Agent in 2016

    Pam Cote

    RE/MAX

    (978) 808-9345

    32 Total Sales

    Pam Cote
    Section Image

  • J

    Seller's Agent in 2014

    Joan Fitzgibbons

    Schruender Realty

    (978) 314-0224

    38 Total Sales

    Joan Fitzgibbons
    Section Image

  • S

    Buyer's Agent in 2014

    Sarah Sherrow

    Alcove Realty

    (617) 868-8500

    1 Total Sale

    Sarah Sherrow
    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71958055

MLS Property Information Network (MLS PIN)

APN: SALE-000041-000000-000179

Massachusetts Essex County Salem 01970 Derby Street

3 English St, Salem, MA

Homes for Sale in Salem, MA

This home is located at 3 English St, Salem, MA 01970 since 11 February 2016 and is currently estimated at $804,422, approximately $290 per square foot. This property was built in 1900. 3 English St is a home located in Essex County with nearby schools including Carlton Elementary School, Saltonstall School, and Bates Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Property Information Network (MLS PIN) The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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