NOT LISTED FOR SALE

321 Jefferson Ave Salem, MA 01970

South Salem Neighborhood

Estimated Value: $1,070,000 - $1,187,000

9 Beds
3 Baths
3,978 Sq Ft
$280/Sq Ft Est. Value

Last Sold November 22, 2017

Last sale price $320,000 $80 Per Sq Ft

Est. 248% increase in value since last sale

Current estimated payment $6,832/month

About This Home

As of November 2017

SHORT SALE - ATTENTION INVESTORS, CONTRACTORS, looking for your next project. Large 3 Fam in great location with potential. Property needs significant work throughout, potential gut job. Sold AS-IS. Property likely will not qualify for FHA/VA financing. Buyer/Buyer's agent to perform due diligence.

Last Agent to Sell the Property

Joseph Steen

Gemini Real Estate Investments Listed on: 06/27/2017

Last Buyer's Agent

Joseph Steen

Gemini Real Estate Investments Listed on: 06/27/2017

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,765

Year Built

1900

Lot Details

0

Listing Details

  • Lot Description: Paved Drive
  • Property Type: Multi-family
  • Other Agent: 2.50
  • Lead Paint: Unknown
  • Year Built Description: Approximate
  • Special Features: 12
  • Property Sub Type: MultiFamily
  • Year Built: 1900

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 18
  • Basement: Full
  • Full Bathrooms: 3
  • Total Levels: 3
  • Main Lo: G95205
  • Main So: G95205
  • Estimated Sq Ft: 3978.00

Exterior Features

  • Exterior: Vinyl
  • Exterior Features: Storage Shed
  • Foundation: Other (See Remarks)

Garage/Parking

  • Parking: Off-Street, Paved Driveway

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 3

Lot Info

  • Assessor Parcel Number: M:23 L:0174
  • Zoning: B
  • Acre: 0.20
  • Lot Size: 8554.00

Multi Family

  • Total Bedrooms: 9
  • Total Floors: 6
  • Total Full Baths: 3
  • Total Levels: 3
  • Total Rms: 18
  • Multi Family Type: 3 Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 3, 2018
Sold by
Galardi Mare R
Bought by
321 Jefferson Property
Current Estimated Value
$1,115,000

Purchase Details

Listed on
Jun 27, 2017
Closed on
Nov 22, 2017
Sold by
Sutherland Sandra
Bought by
Cole Brad R and Galardi Marc R
Seller's Agent
Joseph Steen
Gemini Real Estate Investments
Buyer's Agent
Joseph Steen
Gemini Real Estate Investments
List Price
$275,000
Sold Price
$320,000
Premium/Discount to List
$45,000
16.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.19%
Original Mortgage
$375,000
Interest Rate
3.91%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 1, 1978
Bought by
Sutherland Joseph Anthony and Sutherland Sandra J
Source: Public Records

Range of Values:

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Average Value
Not Available
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
321 Jefferson Property -- --
Cole Brad R $320,000 --
Sutherland Joseph Anthony $47,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cole Brad R $375,000
Previous Owner Sutherland Joseph Anthony $379,483
Previous Owner Sutherland Joseph Anthony $8,889,747
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2017 11/22/17 Sold $320,000 +16.4% $80 / Sq Ft
06/27/2017 06/27/17 Pending -- -- --
06/27/2017 06/27/17 For Sale $275,000 -- $69 / 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 $10,765 $949,300 $192,700 $756,600
2024 $9,978 $858,700 $192,700 $666,000
2023 $9,707 $775,900 $176,400 $599,500
2022 $9,381 $708,000 $169,900 $538,100
2021 $8,982 $650,900 $160,100 $490,800
2020 $8,255 $571,300 $143,700 $427,600
2019 $8,082 $535,200 $130,700 $404,500
2018 $6,916 $449,700 $121,500 $328,200
2017 $6,690 $421,800 $114,300 $307,500
2016 $6,273 $400,300 $92,800 $307,500
2015 $6,242 $380,400 $92,800 $287,600
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2017

    Joseph Steen

    Gemini Real Estate Investments

    14 Total Sales

    Joseph Steen
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72190205

MLS Property Information Network (MLS PIN)

APN: SALE-000023-000000-000174

Massachusetts Essex County Salem 01970 South Salem

321 Jefferson Ave, Salem, MA

This home is located at 321 Jefferson Ave, Salem, MA 01970 since 27 June 2017 and is currently estimated at $1,115,000, approximately $280 per square foot. This property was built in 1900. 321 Jefferson Ave is a home located in Essex County with nearby schools including Horace Mann Laboratory, Saltonstall School, 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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