NOT LISTED FOR SALE

Estimated Value: $611,000 - $690,000

2 Beds
2.5 Baths
1,346 Sq Ft
$485/Sq Ft Est. Value

Last Sold February 28, 2018

Last sale price $427,500 $318 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $4,029/month

Highlights

  • Landscaped Professionally
  • Fenced Yard
  • Patio
  • Property is near public transit
  • Cooling Available
  • 1-minute walk to Patten Park

About This Home

As of December 2023

This 2019 renovated property, The Northfield Townhouses, was the recipient of the Salem Historic Preservation Award. Located on tree-lined Buffum St just north of the vibrant downtown, yet walking distance to the train, schools, parks, etc. The Maker's Guild and Derby Square Architects teamed up in an effort to preserve and enhance the historic features of the 1832 Edward Melcher house. The refinished original king pine floors, preserved original trim, and 2 over 2 windows along the front façade give way to modern kitchens and baths and bolstered by a generous cedar fenced side-yard and patio. The 2 bedroom, 2.5 bathroom on three levels also boasts a bonus room off the primary suite that could provide for a study, nursery, or oversized closet. 1 Off-street parking space and landscaping/snow removal included. Wall mounted TVs and Outdoor grill to remain for tenant's use! Furniture negotiable!

Last Agent to Rent the Property

Martha Bohlin

Compass Listed on: 11/03/2023

Compass

Last Renter's Agent

Martha Bohlin

Compass Listed on: 11/03/2023

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,831

Year Built

  • Built in 1832

Lot Details

  • Fenced Yard
  • Landscaped Professionally

Parking

  • 1 Car Parking Space

Home Design

  • 1,346 Sq Ft Home
  • Property Attached
  • Entry on the 1st floor

Kitchen

  • Range
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Patio

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Cooling Available
  • Heating Available
  • Water Treatment System

Listing and Financial Details

  • Security Deposit $3,600
  • Property Available on 12/1/23
  • Rent includes water, sewer, snow removal, gardener, extra storage, parking
  • 12 Month Lease Term
  • Assessor Parcel Number M:27 L:0059 S:801,5033441

Community Details

Recreation

  • Park

Pet Policy

  • Call for details about the types of pets allowed

Additional Features

  • Property has a Home Owners Association
  • Shops

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,831

Year Built

Built in 1832

Lot Details

0

Rental Info

  • Pets Allowed: Yes w/ Restrictions
  • Available Date: 2023-12-01
  • Lease Term: Term of Rental(12)
  • Available Now: No
  • Deposit Required: Yes
  • FIRST MON REQD: Yes
  • INSURANCE REQD: No
  • LAST MON REQD: No
  • REFERENCES REQD: Yes
  • SEC DEPOSIT: 3600

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Attached (Townhouse/Rowhouse/Duplex)
  • Year Built: 1832
  • Entry Level: 1
  • Year Built Details: Renovated Since
  • CoOp Comp: 1/2 Month
  • ResoPropertyType: ResidentialLease
  • ResoBuildingAreaSource: Other
  • Special Features: None

Interior Features

  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Disposal,Refrigerator,Freezer,Washer,Dryer,Water Treatment
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bathrooms: 2.5
  • Laundry Features: In Unit
  • Living Area: 1346
  • Spa YN: No
  • MAIN LO: AN2383
  • LIST PRICE PER Sq Ft: 2.45
  • PRICE PER Sq Ft: 2.45
  • MAIN SO: AN2383

Exterior Features

  • Exterior Features: Patio, Professional Landscaping, Fenced Yard
  • Fencing: Fenced
  • Home Warranty YN: No
  • Patio And Porch Features: Patio
  • Waterfront YN: No

Garage/Parking

  • Total Parking Spaces: 1

Utilities

  • Heating: Electric
  • Cooling Y N: Yes
  • Heating YN: Yes

Condo/Co-op/Association

  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Park, Public School
  • Rent Includes: Water, Sewer, Snow Removal, Gardener, Extra Storage, Parking
  • Senior Community YN: No
  • UNIT BUILDING: 1

Lot Info

  • Parcel Number: M:27 L:0059 S:801,5033441
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 0.22
  • Lot Size Units: Acres
  • Property Attached YN: Yes
  • OUTDOOR SPACE AVAILABLE: Yes - Private
  • ResoLotSizeUnits: Acres

Multi Family

  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 20, 2017
Closed on
Feb 28, 2018
Sold by
Makers Guild Inc
Bought by
Davis Amanda B and Davis James A
Seller's Agent
Ted Richard
J. Barrett & Company
Buyer's Agent
Margaret McNamara
J. Barrett & Company
List Price
$425,000
Sold Price
$427,500
Premium/Discount to List
$2,500
0.59%
Current Estimated Value
$652,710

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$225,210
Avg. Annual Appreciation
5.73%
Original Mortgage
$377,500
Outstanding Balance
$320,840
Interest Rate
4.04%
Mortgage Type
New Conventional
Estimated Equity
$331,870
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
Davis Amanda B $427,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis Amanda B $377,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2023 12/01/23 Rented $3,300 0.0% --
11/17/2023 11/17/23 Under Contract -- -- --
11/12/2023 11/12/23 Price Changed $3,300 -8.3% $2 / Sq Ft
11/03/2023 11/03/23 For Rent $3,600 0.0% --
02/28/2018 02/28/18 Sold $427,500 +0.6% $318 / Sq Ft
01/09/2018 01/09/18 Pending -- -- --
12/20/2017 12/20/17 For Sale $425,000 -- $316 / 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 $6,831 $602,400 $0 $602,400
2024 $6,697 $576,300 $0 $576,300
2023 $6,393 $511,000 $0 $511,000
2022 $6,204 $468,200 $0 $468,200
2021 $6,105 $442,400 $0 $442,400
2020 $5,985 $414,200 $0 $414,200
2019 $5,690 $376,800 $0 $376,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73177014

MLS Property Information Network (MLS PIN)

APN: 27-0059-801