Seller's Agent in 2018
Sean Connelly
William Raveis R.E. & Home Services
(781) 631-2330
83 Total Sales
3 Ridgeway St Salem, MA 01970
North Salem NeighborhoodEstimated Value: $885,000 - $1,061,000
5
Beds
2
Baths
3,010
Sq Ft
$322/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Porch
- 3-minute walk to McGlew Park
- Fenced Yard
About This Home
As of October 2018Welcome to 3 Ridgeway St. Grand two family comfortably located in North Salem on a cul-de-sac with easy access to Salem train station, major highways and downtown. Great opportunity to live in one unit, while you rent out the other unit to help pay your mortgage, or for a potential investor. First floor unit consists of 2 bedrooms, living room, large eat-in kitchen. Second unit townhouse style unit with 3 bedrooms, large living room, dining room and eat-in kitchen. Updates include new electrical service, kitchens, rebuilt front porch, gleaming hardwood floors and freshly painted interior units. Don't miss this opportunity!
Last Agent to Sell the Property
William Raveis R.E. & Home Services Listed on: 08/18/2018
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,935
Year Built
- Built in 1861
Lot Details
- Fenced Yard
Flooring
- Wood
- Vinyl
Outdoor Features
- Rain Gutters
- Porch
Additional Features
- Basement
Listing and Financial Details
- Assessor Parcel Number M:17 L:0274
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 18, 2018
Closed on
Oct 12, 2018
Sold by
Wilcon Holdings Llc
Bought by
Bernal Marlon
Seller's Agent
Sean Connelly
William Raveis R.E. & Home Services
Buyer's Agent
Daniel O'Rourke
RE/MAX Andrew Realty Services
List Price
$589,900
Sold Price
$599,900
Premium/Discount to List
$10,000
1.7%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$369,795
Avg. Annual Appreciation
7.12%
Original Mortgage
$479,920
Outstanding Balance
$418,519
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$551,176
Purchase Details
Listed on
Nov 16, 2017
Closed on
Dec 28, 2017
Sold by
3 Ridgeway St Salem Nt
Bought by
Wilcon Holdings Llc
Seller's Agent
Kate Fabrizio
J. Barrett & Company
Buyer's Agent
Sean Connelly
William Raveis R.E. & Home Services
List Price
$419,900
Sold Price
$390,000
Premium/Discount to List
-$29,900
-7.12%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
72.48%
Original Mortgage
$400,000
Interest Rate
3.95%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 16, 2012
Sold by
Arnold Robert F
Bought by
3 Ridgeway St Salem Nt
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
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bernal Marlon | $599,900 | -- | |
| Wilcon Holdings Llc | $390,000 | -- | |
| 3 Ridgeway St Salem Nt | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bernal Marlon | $479,920 | |
| Previous Owner | Wilcon Holdings Llc | $400,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/12/2018 10/12/18 | Sold | $599,900 | +1.7% | $199 / Sq Ft | |
| 08/23/2018 08/23/18 | Pending | -- | -- | -- | |
| 08/18/2018 08/18/18 | For Sale | $589,900 | +51.3% | $196 / Sq Ft | |
| 12/28/2017 12/28/17 | Sold | $390,000 | -7.1% | $130 / Sq Ft | View Prior Sale |
| 11/28/2017 11/28/17 | Pending | -- | -- | -- | |
| 11/16/2017 11/16/17 | For Sale | $419,900 | -- | $140 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $9,935 | $876,100 | $242,100 | $634,000 |
| 2024 | $9,225 | $793,900 | $230,100 | $563,800 |
| 2023 | $8,875 | $709,400 | $212,400 | $497,000 |
| 2022 | $8,889 | $670,900 | $205,300 | $465,600 |
| 2021 | $8,426 | $610,600 | $191,100 | $419,500 |
| 2020 | $8,151 | $564,100 | $180,500 | $383,600 |
| 2019 | $6,585 | $436,100 | $171,300 | $264,800 |
| 2018 | $6,444 | $419,000 | $162,800 | $256,200 |
| 2017 | $5,974 | $376,700 | $137,300 | $239,400 |
| 2016 | $5,804 | $370,400 | $131,000 | $239,400 |
| 2015 | $5,627 | $342,900 | $120,300 | $222,600 |
Source: Public Records
Agents Affiliated with this Home
-
Sean Connelly
-
Daniel O'Rourke
Buyer's Agent in 2018
Daniel O'Rourke
RE/MAX
(617) 875-1856
35 Total Sales
-
Kate Fabrizio
Seller's Agent in 2017
Kate Fabrizio
J. Barrett & Company
(978) 314-0196
25 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72380960
APN: SALE-000017-000000-000274
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.
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