$351,500
SOLD JUN 24, 2014

3 English St Salem, MA 01970

Derby Street Neighborhood
4 Beds
2 Baths
2,276 Sq Ft
2,614 Sq Ft Lot

Recently Sold

$154 Per Sq Ft

7% Below List Price

61 Days on Market

About This Home

As of July 2016

Location. Location. Location. Walk to downtown restaurants, stores, and 'T' station. Unit 1 is rented until May/31/14. Unit 2 is rented til April/30/14. This Unit (2) is a two level, 3 bedroom, 1 full bath townhouse style residence. Shows well. Updated full bath, newer appliances, and newer carpeting in 2nd floor unit. Washer and dryer in the basement is used by both tenants--no charge. Three-car off street parking in the rear. Separate utilities. Excellent value. Positive cash flow for investors. Live in one unit and let the tenant help pay your mortgage. Owner is offering a 1-year home warranty.

Last Agent to Sell the Property

Joan Fitzgibbons

Schruender Realty Listed on: 03/25/2014

Last Buyer's Agent

Sarah Sherrow

Alcove Realty

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
  • Other Agent: 1.00
  • 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, Laundromat, Bike Path, Conservation Area, Highway Access, Public School, T-Station, University
  • Electric: 110 Volts, Circuit Breakers
  • Energy: Insulated Windows, Storm Windows
  • Basement: Full

Exterior Features

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

Garage/Parking

  • Parking: Off-Street, On Street Permit
  • Parking Spaces: 3

Utilities

  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range, for Electric Range, for Gas Dryer, for Electric Dryer, Washer Hookup, Varies per Unit

Lot Info

  • Assessor Parcel Number: M:41 L:0179

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%
Current Estimated Value
$844,195

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$492,695
Avg. Annual Appreciation
8.20%
Original Mortgage
$294,000
Outstanding Balance
$225,009
Interest Rate
4.21%
Mortgage Type
New Conventional
Estimated Equity
$619,186

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
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 Type Sale Price Title Company
Not Resolvable $351,500 --
Deed $235,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $294,000 New Conventional
Previous Owner $231,877 FHA
Previous Owner $21,000 No Value Available
Previous Owner $25,000 No Value Available
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

    10 Total Sales

    Section Image
  • Pam Cote

    Buyer's Agent in 2016

    Pam Cote

    RE/MAX

    (978) 808-9345

    29 Total Sales

    Section Image

  • J

    Seller's Agent in 2014

    Joan Fitzgibbons

    Schruender Realty

    Section Image

  • S

    Buyer's Agent in 2014

    Sarah Sherrow

    Alcove Realty

    (617) 868-8500

    1 Total Sale

    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71650232

MLS Property Information Network (MLS PIN)

APN: SALE-000041-000000-000179

Massachusetts Essex County Salem 01970 Derby Street

3 English St, Salem, MA

This home is located at 3 English St, Salem, MA 01970 and is currently priced at $351,500, approximately $154 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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