NOT LISTED FOR SALE

34 Fairmount St Unit 1 Salem, MA 01970

North Salem Neighborhood

Estimated Value: $759,000 - $796,810

2 Beds
1 Bath
1,100 Sq Ft
$700/Sq Ft Est. Value

Highlights

  • Fenced Yard
  • Garden
  • 3-minute walk to McGlew Park
  • Enclosed patio or porch

About This Home

As of May 2020

For Rent - Available June 1st! 34 Fairmount Street, Unit 1 Salem, MA! This 2 bedroom, 1 full bath apartment has been recently renovated within the last two years with new kitchen, stainless steel appliances, new windows, foam insulation, updated heating and electrical and much more! This first floor unit also comes with ample storage space in basement and fenced in backyard perfect for the upcoming summer bbq's. Close to Kernwood Country Club, minutes to the Salem Waterfront, Pickering Wharf and Salem State University. Great neighborhood in North Salem -- nice quiet dead end street abutting golf course, perfect for kids to ride bikes, street hockey and a little whiffle ball and all within walking distance to the coveted Bates elementary school!

Last Agent to Rent the Property

Matthew Pierce

True North Realty Listed on: 05/03/2020

Last Renter's Agent

Matthew Pierce

True North Realty Listed on: 05/03/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,532

Year Built

  • Built in 1926

Lot Details

  • Year Round Access
  • Fenced Yard
  • Garden

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Outdoor Features

  • Enclosed patio or porch
  • Rain Gutters

Utilities

  • Heating System Uses Gas

Additional Features

  • Basement

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,532

Year Built

Built in 1926

Lot Details

0

Rental Info

  • Pets Allowed: Yes w/ Restrictions
  • Deposit Required: Yes
  • First Mon Reqd: Yes
  • Last Mon Reqd: Yes
  • References Reqd: Yes
  • Rental Terms: Lease
  • Date Available: 06/01/2020
  • Rent Fee Includes: Hot Water, Sewerage Disposal, Grounds Maintenance
  • Sec Deposit: 875.00

Listing Details

  • Property Type: Rental
  • Rental Type: Apartment
  • Year Built Description: Actual
  • List Price Per Sq Ft: 1.59
  • Year Built: 1926
  • Lead Paint: Unknown
  • Year Round: Yes
  • Unit Building: 1
  • Unit Level: 1
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1926

Interior Features

  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator
  • No Bedrooms: 2
  • Full Bathrooms: 1
  • No Rooms: 4
  • Basement: Y
  • Main Lo: AC0858
  • Main So: AC0858
  • Estimated Sq Ft: 1100.00

Exterior Features

  • Beach Miles To: 1 to 2 Mile
  • Exterior Features: Porch - Enclosed, Gutters, Fenced Yard, Garden Area

Utilities

  • Heating: Gas

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Park, Golf Course, Laundromat, House of Worship, Public School, T-Station, University

Schools

  • Elementary School: Bates
  • Middle School: Bates
  • High School: Salem High

Lot Info

  • Lot Size: 6000.00

Tax Info

  • Assessor Parcel Number: 2133139

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2019
Closed on
Apr 9, 2019
Sold by
Arlington Property Mgmt
Bought by
Pierce Jennifer R and Pierce Matthew J
Seller's Agent
Matthew Pierce
True North Realty
Buyer's Agent
Matthew Pierce
True North Realty
Sold Price
$1,725
Current Estimated Value
$769,703

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$767,978
Original Mortgage
$337,500
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 2016
Sold by
Leader Assets Llc
Bought by
Arlington Property Man

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,500
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 19, 2016
Sold by
Reddy-Pingli Suchand
Bought by
Leader Assets Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,500
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 18, 2002
Sold by
Zimmermann Pamela M and Walsh Elaine M
Bought by
Reddy P Suchand

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
6.03%

Purchase Details

Closed on
Apr 3, 2000
Sold by
Luz Gilbert
Bought by
Walsh Elaine M and Zimmerman Pamela M

Purchase Details

Closed on
Oct 6, 1997
Sold by
Fairmount Rt
Bought by
Luz Gilbert and Hendricks Douglas
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
Pierce Jennifer R $450,000 --
Arlington Property Man $270,000 --
Leader Assets Llc $294,536 --
Reddy P Suchand $330,000 --
Walsh Elaine M $225,000 --
Luz Gilbert $147,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pierce Jennifer R $399,000
Closed Pierce Jennifer R $334,000
Closed Pierce Jennifer R $337,500
Previous Owner Arlington Property Mgr $330,000
Previous Owner Arlington Property Mgm $72,000
Previous Owner Arlington Property Man $252,500
Previous Owner Tingle Walter J $325,000
Previous Owner Tingle Walter J $99,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2020 05/29/20 Rented $1,750 0.0% --
05/12/2020 05/12/20 Under Contract -- -- --
05/03/2020 05/03/20 For Rent $1,750 +1.4% --
06/01/2019 06/01/19 Rented $1,725 +1.5% --
05/23/2019 05/23/19 Under Contract -- -- --
05/17/2019 05/17/19 For Rent $1,700 -- --
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 $7,532 $664,200 $200,500 $463,700
2024 $7,203 $619,900 $190,600 $429,300
2023 $7,011 $560,400 $175,900 $384,500
2022 $7,005 $528,700 $170,000 $358,700
2021 $6,645 $481,500 $158,300 $323,200
2020 $6,429 $444,900 $149,500 $295,400
2019 $6,365 $421,500 $141,900 $279,600
2018 $5,891 $383,000 $134,900 $248,100
2017 $5,246 $330,800 $113,800 $217,000
2016 $5,101 $325,500 $108,500 $217,000
2015 $4,948 $301,500 $99,700 $201,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72650888

MLS Property Information Network (MLS PIN)

APN: SALE-000027-000000-000162