NOT LISTED FOR SALE

Estimated Value: $731,000 - $805,642

2 Beds
2 Baths
1,340 Sq Ft
$583/Sq Ft Est. Value

Last Sold December 18, 2018

Last sale price $510,000 $381 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $5,045/month

13 Days on Market

Highlights

  • Ocean View
  • Patio
  • Security Service
  • Wood Flooring

About This Home

As of December 2018

**Multiple Offer Notice Highest & Best Offers Due Tuesday 12-4-18 10am**Nestled in Salem's historic Forest River neighborhood. This custom Royal Barry Wills single level home has only had 2 owners. The 2 master bedrooms include full bathrooms. Rear bedroom includes stackable laundry and Chic exposed brick. This home sits on an elevated double lot and surrounded by traditional crafted rock retaining walls. Panoramic south facing views of the ocean and Marblehead Peninsula where you can view the changing seasons like a living picture. Easy water access from the backyard gate for harbor kayaking and tennis. Two car garage with an unfinished room above with an additional 480sqft. That can be adjoined to the main house to expand into a master suite. Access to Forest River Park, two great fireplaces in both family room and eat in kitchen. Kitchen completely renovated with top of the line Fisher Paykel stainless steel appliances, one of a kind limestone counters.

Last Agent to Sell the Property

Jonathan Mathews

Legacy Realty Advisors LLC Listed on: 11/26/2018

Legacy Realty Advisors LLC

Last Buyer's Agent

Jonathan Mathews

Legacy Realty Advisors LLC Listed on: 11/26/2018

Legacy Realty Advisors LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,124

Year Built

  • Built in 1958

Lot Details

  • 0.3

Parking

  • 2 Car Garage

Utilities

  • Window Unit Cooling System
  • Hot Water Baseboard Heater
  • Heating System Uses Oil

Additional Features

  • Ocean Views
  • Wood Flooring
  • Patio
  • Property is zoned R1
  • Basement

Community Details

  • Security Service

Listing and Financial Details

  • Assessor Parcel Number M:32 L:0308

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,124

Year Built

Built in 1958

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Single Family Type: Detached
  • Style: Ranch
  • Year Built Description: Actual
  • List Price Per Sq Ft: 373.06
  • Comp Based On: Gross/Full Sale Price
  • Year Built: 1958
  • Lead Paint: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1958

Interior Features

  • Fireplaces: 2
  • Flooring: Wood
  • Interior Amenities: Security System
  • No Bedrooms: 2
  • Master Bedroom: On Level: First Floor, Dimension: 13X16
  • Full Bathrooms: 2
  • No Rooms: 5
  • Basement: Y
  • Basement Features: Full
  • Main Lo: BB5522
  • Main So: BB5522
  • Estimated Sq Ft: 1340.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 0 to 1/10 Mile
  • Waterview Features: Ocean
  • Waterview Flag: Yes
  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Shingles, Wood
  • Exterior Features: Patio
  • Foundation: Poured Concrete

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 3
  • Garage Parking: Detached
  • Garage Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Cooling: Window AC
  • Heating: Hot Water Baseboard, Oil

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Walk/Jog Trails, Medical Facility, Laundromat, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University

Lot Info

  • Assessments: 527700.00
  • Acre: 0.30
  • Lot Size: 13244.00
  • Page: 331
  • Parcel Number: M:32 L:0308
  • Zoning: R1
  • Lot Description: Corner, Wooded, Paved Drive, Scenic View(s)

Tax Info

  • Taxes: 8116.00
  • Assessor Parcel Number: 2134406

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 26, 2018
Closed on
Dec 13, 2018
Sold by
Brewer Gregory L
Bought by
Meagher Kevin J
Seller's Agent
Jonathan Mathews
Legacy Realty Advisors LLC
Buyer's Agent
Jonathan Mathews
Legacy Realty Advisors LLC
List Price
$499,900
Sold Price
$510,000
Premium/Discount to List
$10,100
2.02%
Total Days on Market
13
Current Estimated Value
$781,161

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$271,161
Avg. Annual Appreciation
6.80%
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
Meagher Kevin J $510,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brewer Gregory L $88,500
Previous Owner Brewer Gregory L $472,000
Previous Owner Brewer Gregory L $415,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2018 12/18/18 Sold $510,000 +2.0% $381 / Sq Ft
12/09/2018 12/09/18 Pending -- -- --
11/26/2018 11/26/18 For Sale $499,900 0.0% $373 / Sq Ft
09/01/2015 09/01/15 Rented $2,900 -9.4% --
08/02/2015 08/02/15 Under Contract -- -- --
07/28/2015 07/28/15 For Rent $3,200 -- --
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 $8,124 $716,400 $364,700 $351,700
2024 $8,012 $689,500 $338,700 $350,800
2023 $7,661 $612,400 $312,600 $299,800
2022 $7,264 $548,200 $295,300 $252,900
2021 $7,318 $530,300 $295,300 $235,000
2020 $7,404 $512,400 $295,300 $217,100
2019 $8,313 $550,500 $340,300 $210,200
2018 $8,116 $527,700 $324,800 $202,900
2017 $7,811 $492,500 $293,900 $198,600
2016 $7,717 $492,500 $293,900 $198,600
2015 $7,311 $445,500 $273,300 $172,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72426965

MLS Property Information Network (MLS PIN)

APN: SALE-000032-000000-000308