NOT LISTED FOR SALE

Estimated Value: $1,174,541

6 Beds
3 Baths
4,651 Sq Ft
$253/Sq Ft Est. Value

Last Sold February 21, 2020

Last sale price $749,000 $161 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $7,085/month

1 Day on Market

About This Home

As of February 2020

This property has been used in a commercial manner for many years but can be converted back to residential. Expanding beyond two units would require a variance. Great opportunity to own a flexible space conveniently located close to downtown, Salem Common, and MBTA. 2 large open spaces on first floor, reception area, separate office spaces, bathrooms and kitchen. Upstairs features another bathroom and multiple offices. Basement offers enormous amounts of storage. 3+ car parking and ample on street parking. Great visibility for a variety of businesses as well as possibilities for residential use / development. Current owner has vastly improved both cosmetics and infrastructure.

Last Agent to Sell the Property

Merry Fox Team

MerryFox Realty Listed on: 10/17/2019

Co-Listed By

Dan Fox

MerryFox Realty

Last Buyer's Agent

Chris Wolforth

RyVal Homes

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,102

Year Built

  • Built in 1910

Lot Details

  • 4,356

Additional Features

  • Basement

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,102

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 2.00
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 161.04
  • Comp Based On: Net Sale Price
  • Year Built: 1910
  • Lead Paint: Unknown
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1910

Interior Features

  • Total Flrs: 3
  • No Bedrooms: 6
  • Total Brs: 6
  • Half Bathrooms: 3
  • Total Hbh: 3
  • Basement: Y
  • Basement Features: Full
  • Main Lo: C95279
  • Main So: NB9147
  • Estimated Sq Ft: 4651.00

Exterior Features

  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles, Rubber
  • Foundation: Concrete Block

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 3

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers

Lot Info

  • Assessments: 336800.00
  • Acre: 0.10
  • Lot Size: 4356.00
  • Page: 503
  • Zoning: R2
  • Lot Description: Corner

Multi Family

  • Total Levels: 3
  • No Units: 2
  • Mf Type: 2 Family

Tax Info

  • Taxes: 9952.00
  • Assessor Parcel Number: 2137574

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft
02/21/2020 02/21/20 Sold $749,000 0.0% $161 / Sq Ft
10/18/2019 10/18/19 Pending -- -- --
10/17/2019 10/17/19 For Sale $749,000 -- $161 / 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 $11,102 $490,800 $0 $490,800
2024 $10,644 $449,300 $0 $449,300
2023 $11,345 $449,300 $0 $449,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72581293

MLS Property Information Network (MLS PIN)

APN: SALE M:36 L:0432 S:801