NOT LISTED FOR SALE

Estimated Value: $1,067,000 - $1,202,349

8 Beds
3 Baths
3,356 Sq Ft
$344/Sq Ft Est. Value

Last Sold July 30, 2020

Last sale price $830,000 $247 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $7,429/month

6 Days on Market

About This Home

As of July 2020

Opportunity knocks......in this case for the first time since 1957. Can you wait another 63 years to find a truly unique property like this? Situated on an oversized lot (almost 1/3 acre) on the edge of the McIntire Historic District, featuring a 2 car garage and an abundance of additional parking and green space. Yes, that's right, green space in downtown Salem. Featuring beautiful wood flooring throughout, tall ceilings, sun porches, built in china cabinets, oversized moldings....All 3 floors have back porches and first and second floor have 3 season sun porches. Great investment opportunity for buy and hold or possible condo conversion.

Last Agent to Sell the Property

Merry Fox Team

MerryFox Realty Listed on: 06/24/2020

Co-Listed By

Dan Fox

MerryFox Realty

Last Buyer's Agent

Team Zabar-Shulkin

Sagan Harborside Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,332

Year Built

  • Built in 1916

Lot Details

  • 0.32

Parking

  • 2 Car Garage

Additional Features

  • Basement

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,332

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 2.00
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 216.00
  • Comp Based On: Net Sale Price
  • Year Built: 1916
  • Lead Paint: Unknown
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1916

Interior Features

  • Total Flrs: 6
  • No Bedrooms: 8
  • Total Brs: 8
  • Full Bathrooms: 3
  • Total Fbh: 3
  • No Rooms: 17
  • Basement: Y
  • Basement Features: Full
  • Main Lo: C95279
  • Main So: AN4471
  • Estimated Sq Ft: 3356.00

Exterior Features

  • Beachfront Flag: Yes
  • Beach Miles To: 1 to 2 Mile
  • Construction: Frame
  • Roof Material: Slate, Rubber
  • Exterior: Clapboard
  • Foundation: Fieldstone, Granite

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 6
  • Garage Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Fuses, Circuit Breakers
  • Heat Zones: 2

Lot Info

  • Assessments: 535100.00
  • Acre: 0.32
  • Lot Size: 13939.00
  • Page: 390
  • Zoning: R2
  • Lot Description: Paved Drive

Multi Family

  • Heat Units: 2
  • Total Levels: 3
  • Total Rms: 17
  • No Units: 3
  • Mf Type: 3 Family

Tax Info

  • Taxes: 7732.00
  • Assessor Parcel Number: 2131640

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2020
Closed on
Jul 22, 2020
Sold by
Claire A Mahoney Ft
Bought by
Frisch Jonathan M and Frisch Raquel
Seller's Agent
Merry Fox Team
MerryFox Realty
Buyer's Agent
Team Zabar-Shulkin
Sagan Harborside Sotheby's International Realty
List Price
$724,900
Sold Price
$830,000
Premium/Discount to List
$105,100
14.5%
Current Estimated Value
$1,153,337

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$323,337
Avg. Annual Appreciation
6.06%
Original Mortgage
$622,500
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 27, 2001
Sold by
Mahoney Mark E
Bought by
Mahoney Leonard and Mahoney Claire E
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
Frisch Jonathan M $830,000 None Available
Mahoney Leonard $128,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frisch Jonathan M $806,000
Closed Frisch Jonathan M $622,500
Previous Owner Mahoney William L $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2020 07/30/20 Sold $830,000 +14.5% $247 / Sq Ft
06/30/2020 06/30/20 Pending -- -- --
06/24/2020 06/24/20 For Sale $724,900 -- $216 / 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 $12,332 $1,087,500 $307,000 $780,500
2024 $11,089 $954,300 $285,100 $669,200
2023 $10,781 $861,800 $263,200 $598,600
2022 $10,295 $777,000 $248,500 $528,500
2021 $8,879 $643,400 $248,500 $394,900
2020 $7,732 $535,100 $248,500 $286,600
2019 $7,739 $512,500 $241,200 $271,300
2018 $7,246 $471,100 $230,300 $240,800
2017 $6,880 $433,800 $208,300 $225,500
2016 $6,798 $433,800 $208,300 $225,500
2015 $6,633 $404,200 $193,700 $210,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72679256

MLS Property Information Network (MLS PIN)

APN: SALE-000025-000000-000256