Eric Erickson
Reimagined Real Estate Advisors
(978) 690-4349
11 Total Sales
1 in The Point
$439,900 Price
3 Harrison Ave Salem, MA 01970
The Point Neighborhood
12
Beds
4
Baths
5,112
Sq Ft
5,489
Sq Ft Lot
Highlights
- Property is near public transit
- Porch
- Heating Available
- Wood Flooring
- Tandem Parking
- 2-minute walk to Mary Jane Lee Park
About This Home
As of March 2023Start 2023 off right with a new investment property! This property consists of four large 3 bedroom units with potential to convert to 4 bedrooms. Tenants pay their own utilities. Two driveways on either side of the building each fit 3 cars for a total of 6 off street parking spots. See attached for detailed income and expenses and a rent roll. Please allow at least 24 hours notice for tenants.
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,824
Year Built
- Built in 1915
Lot Details
- 5,489
Home Design
- Slate Roof
- Marble or Granite Building Materials
Interior Spaces
- 5,112 Sq Ft Home
- Wood Flooring
Bedrooms and Bathrooms
- 12 Bedrooms
- 4 Full Bathrooms
Parking
- 6 Car Parking Spaces
- Tandem Parking
- Off-Street Parking
Utilities
- Heating Available
- Gas Water Heater
Additional Features
- Porch
- 5,489 Sq Ft Lot
- Property is near public transit
Listing and Financial Details
- Total Actual Rent $7,575
- Assessor Parcel Number 2135553
Community Details
Overview
- 4 Units
- Property has 1 Level
Building Details
- Electric Expense $780
- Insurance Expense $4,800
- Water Sewer Expense $8,400
- Operating Expense $24,764
- Net Operating Income $66,136
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 27, 2022
Closed on
Mar 30, 2023
Sold by
Smithereanes 2017 and Smithereanes Eanes
Bought by
Seller's Agent
Francesca Little
Little & Co., REALTORS®
Buyer's Agent
Wahidul Shaikh
Boston BD Realty
List Price
$1,085,000
Sold Price
$945,000
Premium/Discount to List
-$140,000
-12.9%
Views
35
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,500
Outstanding Balance
$452,265
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 7, 2019
Sold by
Smithereanes 2017 and Smithereanes Eanes
Bought by
Eanes Lola and Eanes Richard E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$582,000
Interest Rate
4.4%
Mortgage Type
New Conventional
Home Values in the Area
Average Home Value in this Area
Agents Specializing in The Point, MA
-
Eric Erickson
-
Johnny Long
Johnny Long
PRIVI Realty LLC
(857) 353-8035
167 Total Sales
1 in The Point
$1,000,000 Price
-
Tyson Lynch
Tyson Lynch
Responds QuicklyThe Proper Nest Real Estate
(351) 666-4531
51 Total Sales
3 in The Point
$241K - $455K Price Range
-
Paula Sughrue
Paula Sughrue
Responds QuicklyBetter Homes and Gardens Real Estate - The Shanahan Group
(339) 338-6001
71 Total Sales
1 in The Point
$515,000 Price
-
Wendy Webber
WW
Wendy Webber
Responds QuicklyColdwell Banker Realty - Marblehead
(351) 999-8407
32 Total Sales
1 in The Point
$920,000 Price
-
Melissa Weinand
MW
Melissa Weinand
Responds QuicklyThe Proper Nest Real Estate
(351) 666-6706
202 Total Sales
3 in The Point
$241K - $455K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $945,000 | None Available | ||
| Eanes Lola | -- | -- | |
| Smithereanes 2017 | -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | -- | $472,500 | |
| Previous Owner | Eanes Lola | $582,000 | |
| Previous Owner | Eanes Lola | $322,500 | |
| Previous Owner | Eanes Lola | $315,000 | |
| Previous Owner | Eanes Lola | $274,000 | |
| Previous Owner | Eanes Lola | $270,000 | |
| Previous Owner | Eanes Richard E | $175,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/30/2023 03/30/23 | Sold | $945,000 | -12.9% | $185 / Sq Ft |
| 12/31/2022 12/31/22 | Pending | -- | -- | -- |
| 12/27/2022 12/27/22 | For Sale | $1,085,000 | -- | $212 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $11,994 | $1,057,700 | $154,900 | $902,800 |
| 2024 | $11,016 | $948,000 | $154,900 | $793,100 |
| 2023 | $9,918 | $792,800 | $136,700 | $656,100 |
| 2022 | $9,824 | $741,400 | $127,500 | $613,900 |
| 2021 | $9,545 | $691,700 | $119,000 | $572,700 |
| 2020 | $8,660 | $599,300 | $87,800 | $511,500 |
| 2019 | $8,063 | $534,000 | $77,400 | $456,600 |
| 2018 | $7,159 | $465,500 | $77,400 | $388,100 |
| 2017 | $6,986 | $440,500 | $66,100 | $374,400 |
| 2016 | $6,903 | $440,500 | $66,100 | $374,400 |
| 2015 | $6,001 | $365,700 | $56,800 | $308,900 |
Source: Public Records
Agents Affiliated with this Home
-
Francesca Little
Seller's Agent in 2023
Francesca Little
Little & Co., REALTORS®
(978) 745-4447
11 in this area
33 Total Sales
-
Wahidul Shaikh
Buyer's Agent in 2023
Wahidul Shaikh
Boston BD Realty
(339) 223-4023
1 in this area
30 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73066564
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.
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.
Nearby Homes
- 19 Palmer St
- 15 1/2 Palmer St
- 185 Lafayette St Unit 3
- 16 Leavitt St Unit 2
- 16 Leavitt St Unit 3
- 3 Chase St
- 184 Lafayette St
- 8-10 & 5 Porter St Ct & Ropes Portfolio
- 15 Saltonstall Pkwy Unit 1
- 13-15 Saltonstall Pkwy
- 13 Saltonstall Pkwy Unit 2
- 33 Harbor St
- 41 Harbor St Unit 4
- 55 Perkins St
- 53 Cedar St
- 56 Peabody St Unit 3E
- 24 Cabot St Unit 1
- 2 Hazel St Unit 10
- 75 Summer St Unit 5
- 74A Wharf St Unit J7
- 1 Harrison Ave
- 3 Harrison Ave Unit Right
- 5 Harrison Ave Unit 1
- 5 Harrison Ave Unit :2
- 3 Harrison Ave Unit L
- 3 Harrison Ave Unit 1
- 56 Salem St
- 56 Salem St Unit 3
- 58 Salem St
- 58 Salem St Unit 1
- 58 Salem St Unit 2
- 12 Palmer St
- 11 Harrison Ave
- 11 Harrison Ave Unit 2
- 60 Salem St
- 4 Harrison Ave
- 13 Palmer St
- 17 Palmer St
- 12 Harrison Ave
- 15 Harrison Ave
Your Personal Tour Guide
Ask me questions while you tour the home.