NOT LISTED FOR SALE

Estimated Value: $821,000 - $900,744

3 Beds
2 Baths
2,762 Sq Ft
$308/Sq Ft Est. Value

Last Sold June 06, 2014

Last sale price $432,500 $157 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $5,479/month

155 Days on Market

About This Home

As of June 2014

Gracious colonial home in Salem's Historic District with Chiropractic office for approx 35 years on first level. Corner lot with ample off street parking. Stones throw from Salem State University and all that downtown Salem has to offer. Great income potential with current use. Rent for 1st floor chiropractic office is $2,000 per month. Tenants at will. First floor has a beautiful waiting room area, three good size exam rooms, a physical therapy room with sink, an office and a half bath and numerous built-ins. There is a fireplace and central air conditioning for this level. Beautiful HW floors on second level. Property has newer separate electrical and huge walk-up attic. Basement has two entrances and a finished room. Call for a private showing. R-3 zoning.

Last Agent to Sell the Property

Michele Meadows

Keller Williams Realty Evolution Listed on: 12/18/2013

Keller Williams Realty Evolution

Last Buyer's Agent

Fredrick Mattei

Pradium Realty License #454005639

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2013
Closed on
Jun 6, 2014
Sold by
Green Nt
Bought by
Leisey Kenneth W and Leisey Monica R
Seller's Agent
Michele Meadows
Keller Williams Realty Evolution
Buyer's Agent
Fredrick Mattei
Pradium Realty
List Price
$499,000
Sold Price
$432,500
Premium/Discount to List
-$66,500
-13.33%
Total Days on Market
155
Current Estimated Value
$850,436

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$417,936
Avg. Annual Appreciation
6.56%
Original Mortgage
$478,225
Interest Rate
4.75%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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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
Leisey Kenneth W $432,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leisey Kenneth W $620,253
Closed Leisey Kenneth W $508,500
Closed Leisey Kenneth W $478,225
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2014 06/06/14 Sold $432,500 0.0% $157 / Sq Ft
05/22/2014 05/22/14 Pending -- -- --
03/27/2014 03/27/14 Off Market $432,500 -- --
03/19/2014 03/19/14 Price Changed $465,000 -1.0% $168 / Sq Ft
02/02/2014 02/02/14 Price Changed $469,900 -5.8% $170 / Sq Ft
12/18/2013 12/18/13 For Sale $499,000 -- $181 / 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 $8,616 $759,800 $205,400 $554,400
2024 $8,371 $720,400 $196,100 $524,300
2023 $10,226 $817,400 $361,200 $456,200
2022 $9,763 $736,800 $343,600 $393,200
2021 $9,772 $708,100 $321,500 $386,600
2020 $9,533 $659,700 $308,300 $351,400
2019 $9,069 $600,600 $273,100 $327,500
2018 $6,484 $421,600 $246,700 $174,900
2017 $6,591 $415,600 $246,700 $168,900
2016 $6,512 $415,600 $246,700 $168,900
2015 $6,147 $374,600 $220,200 $154,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71617412

MLS Property Information Network (MLS PIN)

APN: SALE-000033-000000-000402