NOT LISTED FOR SALE

3 Raymond Rd Salem, MA 01970

South Salem Neighborhood

Estimated Value: $737,365 - $838,000

6 Beds
3 Baths
2,592 Sq Ft
$308/Sq Ft Est. Value

Last Sold September 17, 2018

Last sale price $460,000 $177 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $4,849/month

20 Days on Market

About This Home

As of September 2018

1st floor CB-100 amp, electric hot water heater. 2nd floor, gas hot water heater, thermo pane wood replacement windows. 3rd floor CB-60 amp, gas hot water heater, vinyl replacement windows 2 car detached garage and 1 storage bay, needs roof, cement block construction. South Salem 3 family, all 2 bedroom apartments, separate electric and hot water heaters, needs some updating. 2 empty units waiting for your touches. Small yard, 2+ car garage and multiple car driveway

Last Agent to Sell the Property

Virginia Carson

Tache Real Estate, Inc. Listed on: 07/17/2018

Last Buyer's Agent

Haley Paster Scimone

Sagan Harborside Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,447

Year Built

  • Built in 1920

Lot Details

  • 5,663

Parking

  • 2 Car Garage

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile
  • Vinyl

Additional Features

  • Porch
  • Year Round Access
  • Natural Gas Water Heater
  • Basement

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,447

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-family
  • Other Agent: 2.00
  • Insc: 3571
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 192.86
  • Comp Based On: Net Sale Price
  • Year Built: 1920
  • Lead Paint: Unknown
  • Year Round: Yes
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1920

Interior Features

  • Flooring: Wood, Tile, Vinyl, Wall to Wall Carpet
  • Total Flrs: 6
  • No Bedrooms: 6
  • Total Brs: 6
  • Full Bathrooms: 3
  • Total Fbh: 3
  • No Rooms: 12
  • Basement: Y
  • Basement Features: Full, Interior Access, Bulkhead, Concrete Floor
  • Main Lo: C86500
  • Main So: AN4471
  • Estimated Sq Ft: 2592.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 0 to 1/10 Mile
  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Aluminum
  • Exterior Features: Porch
  • Foundation: Poured Concrete

Garage/Parking

  • Parking Feature: Off-Street, Paved Driveway
  • Parking Spaces: 6
  • Garage Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric: 557
  • Electric Features: Circuit Breakers
  • Sewage District: So Ex
  • Heat Zones: 1
  • Hot Water: Natural Gas, Electric
  • Utility Connections: for Gas Range, for Electric Range, for Electric Dryer, Washer Hookup

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility

Schools

  • Elementary School: Horace Mann
  • Middle School: Collins
  • High School: Salem High

Lot Info

  • Assessments: 392600.00
  • Lot: 138
  • Acre: 0.13
  • Lot Size: 5493.00
  • Page: 495
  • Zoning: R1
  • Lot Description: Wooded, Paved Drive, Level

Green Features

  • Energy Features: Insulated Windows

Multi Family

  • Heat Units: 1
  • Total Levels: 3
  • Total Rent: 750
  • Total Rms: 12
  • No Units: 3
  • Mf Type: 3 Family

Tax Info

  • Taxes: 6038.19
  • Assessor Parcel Number: 2134221

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2018
Closed on
Sep 17, 2018
Sold by
3 Raymond Road Rt
Bought by
Ruthy Llc
Seller's Agent
Virginia Carson
Tache Real Estate, Inc.
Buyer's Agent
Haley Paster Scimone
Sagan Harborside Sotheby's International Realty
List Price
$499,900
Sold Price
$460,000
Premium/Discount to List
-$39,900
-7.98%
Current Estimated Value
$797,591

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$337,591
Avg. Annual Appreciation
8.09%
Original Mortgage
$345,000
Interest Rate
4.6%
Mortgage Type
New Conventional
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
Ruthy Llc $460,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ruthy Llc $345,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2018 09/17/18 Sold $460,000 -8.0% $177 / Sq Ft
08/06/2018 08/06/18 Pending -- -- --
07/17/2018 07/17/18 For Sale $499,900 -- $193 / 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 $7,447 $656,700 $179,200 $477,500
2024 $7,251 $624,000 $179,200 $444,800
2023 $7,007 $560,100 $164,000 $396,100
2022 $6,946 $524,200 $157,900 $366,300
2021 $6,828 $494,800 $157,900 $336,900
2020 $6,511 $450,600 $148,800 $301,800
2019 $6,472 $428,600 $141,500 $287,100
2018 $6,038 $392,600 $134,800 $257,800
2017 $5,879 $370,700 $127,600 $243,100
2016 $5,571 $355,500 $112,400 $243,100
2015 $5,438 $331,400 $103,300 $228,100
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2018

    Virginia Carson

    Tache Real Estate, Inc.

    (845) 235-7465

    10 Total Sales

    Virginia Carson
    Section Image
  • Haley Paster Scimone

    Buyer's Agent in 2018

    Haley Paster Scimone

    Sagan Harborside Sotheby's International Realty

    (781) 367-5523

    1 in this area

    103 Total Sales

    Haley Paster Scimone
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72363569

MLS Property Information Network (MLS PIN)

APN: SALE-000032-000000-000138

Massachusetts Essex County Salem 01970 South Salem

3 Raymond Rd, Salem, MA

This home is located at 3 Raymond Rd, Salem, MA 01970 since 17 July 2018 and is currently estimated at $797,591, approximately $307 per square foot. This property was built in 1920. 3 Raymond Rd is a home located in Essex County with nearby schools including Saltonstall School, Horace Mann Laboratory, and Carlton 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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