NOT LISTED FOR SALE

32 Salem St Unit 34 Salem, MA 01970

The Point Neighborhood

Estimated Value: $953,000 - $1,043,000

9 Beds
3 Baths
4,015 Sq Ft
$249/Sq Ft Est. Value

Last Sold June 02, 2020

Last sale price $665,000 $166 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $6,071/month

4 Days on Market

Highlights

  • Wood Flooring
  • Enclosed patio or porch
  • 2-minute walk to Mary Jane Lee Park

About This Home

As of June 2020

Great opportunity to own a large 3 family home in Salem. Each apartment features 3 Bedrooms, 1 Full Bathroom, dining room, living room, kitchen, and in-unit laundry hookups. Separate utilities with gas heat. Plenty of off-street parking plus easy access to public transportation and downtown. Seller currently occupies first floor and collects rent from other 2 units. Rents are currently below market. Can be delivered fully occupied, partially occupied, or vacant. Call today to schedule your private showing.

Last Agent to Sell the Property

Team Curtin - Tim And Jody

Leading Edge Real Estate Listed on: 03/17/2020

Last Buyer's Agent

Nhan Nguyen

Leopold & McMasters Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,230

Year Built

  • Built in 1915

Lot Details

  • 4,792

Flooring

  • Wood
  • Laminate
  • Tile

Additional Features

  • Enclosed patio or porch
  • Year Round Access
  • Natural Gas Water Heater
  • Basement

Listing and Financial Details

  • Assessor Parcel Number 34-0255-0

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,230

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 1.00
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 161.64
  • Comp Based On: Net Sale Price
  • Year Built: 1915
  • Lead Paint: Unknown
  • Year Round: Yes
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1915

Interior Features

  • Flooring: Tile, Varies Per Unit, Laminate, Hardwood
  • Total Flrs: 6
  • No Bedrooms: 9
  • Total Brs: 9
  • Full Bathrooms: 3
  • Total Fbh: 3
  • No Rooms: 22
  • Basement: Y
  • Basement Features: Full, Concrete Floor
  • Main Lo: C95243
  • Main So: AN2585
  • Estimated Sq Ft: 4015.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 1 to 2 Mile
  • Construction: Frame
  • Roof Material: Slate
  • Exterior: Aluminum
  • Exterior Features: Porch - Enclosed
  • Foundation: Brick

Garage/Parking

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

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Oven, for Electric Dryer, Washer Hookup, Varies per Unit

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Private School, Public School, T-Station, University

Schools

  • Elementary School: Choose 3
  • Middle School: Collins
  • High School: Salem High

Lot Info

  • Assessments: 487100.00
  • Acre: 0.11
  • Lot Size: 4835.00
  • Page: 252
  • Parcel Number: 34-0255-0
  • Zoning: R3
  • Lot Description: Paved Drive, Level

Multi Family

  • Total Levels: 3
  • Total Rent: 2950
  • Total Rms: 22
  • No Units: 3
  • Mf Type: 3 Family - 3 Units Up/Down

Tax Info

  • Taxes: 7038.59
  • Assessor Parcel Number: 2135714

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2020
Closed on
May 8, 2020
Sold by
Castillo Francisco and Rodgiguez Yarina
Bought by
Peaceable Holdings Llc
Seller's Agent
Team Curtin - Tim And Jody
Leading Edge Real Estate
Buyer's Agent
Nhan Nguyen
Leopold & McMasters Realty
List Price
$649,000
Sold Price
$665,000
Premium/Discount to List
$16,000
2.47%
Current Estimated Value
$998,982

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$333,982
Avg. Annual Appreciation
7.02%
Original Mortgage
$465,500
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 2, 2004
Sold by
Espinal Carlos M and Espinal Juan D
Bought by
Castillo Francisco

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,600
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 5, 2003
Sold by
Espinal Carlos M
Bought by
Espinal Carlos M

Purchase Details

Closed on
Sep 28, 1990
Sold by
Coutinho Manuel S
Bought by
Espinal Carlos A
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
Peaceable Holdings Llc $665,000 None Available
Castillo Francisco $417,000 --
Espinal Carlos M -- --
Espinal Carlos A $183,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peaceable Holdings Llc $616,000
Closed Peaceable Holdings Llc $465,500
Previous Owner Coutinho Manuel S $100,000
Previous Owner Coutinho Manuel S $333,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2020 06/02/20 Sold $665,000 +2.5% $166 / Sq Ft
03/21/2020 03/21/20 Pending -- -- --
03/17/2020 03/17/20 For Sale $649,000 -- $162 / 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 $9,230 $813,900 $152,300 $661,600
2024 $8,677 $746,700 $152,300 $594,400
2023 $8,288 $662,500 $134,400 $528,100
2022 $8,203 $619,100 $125,400 $493,700
2021 $7,829 $567,300 $117,100 $450,200
2020 $7,039 $487,100 $86,300 $400,800
2019 $6,875 $455,300 $76,200 $379,100
2018 $6,332 $411,700 $76,200 $335,500
2017 $6,008 $378,800 $65,000 $313,800
2016 $5,936 $378,800 $65,000 $313,800
2015 $5,007 $305,100 $55,900 $249,200
Source: Public Records

Agents Affiliated with this Home

  • Nhan Nguyen

    Buyer's Agent in 2020

    Nhan Nguyen

    Leopold & McMasters Realty

    (617) 812-2525

    66 Total Sales

    Nhan Nguyen
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72634562

MLS Property Information Network (MLS PIN)

APN: SALE-000034-000000-000255

Massachusetts Essex County Salem 01970 The Point

32 Salem St Unit 34, Salem, MA

This home is located at 32 Salem St Unit 34, Salem, MA 01970 since 17 March 2020 and is currently estimated at $998,982, approximately $248 per square foot. This property was built in 1915. 32 Salem St Unit 34 is a home located in Essex County with nearby schools including Saltonstall School, Carlton Elementary School, and Bates Elementary School.

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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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