Seller's Agent in 2021
Marc Fiore
Cameron Real Estate Group
(339) 203-1109
2 in this area
71 Total Sales
34 Park St Salem, MA 01970
The Point NeighborhoodEstimated Value: $845,000 - $973,000
10
Beds
3
Baths
3,345
Sq Ft
$267/Sq Ft
Est. Value
Highlights
- Property is near public transit
- Laundry Room
- Heating Available
- Wood Flooring
- Shops
- 2-minute walk to Mary Jane Lee Park
About This Home
As of September 2021Marvelous Multifamily Investment Property near Downtown Salem! Conveniently situated in a highly desirable rental area, this three-unit home offers both style and function for tenants. Originally built in 1915, this property stuns with charming early 20th century vernacular architectural elements. Each unit includes tons of shimmering natural light, attractive flooring, neutral color scheme, a sizeable living room/dining room, large bedrooms, and a kitchen featuring solid surface countertops, and ample wood cabinetry. With a cumulative square footage of 3,345, the first and second units include 3 bedrooms and 1 full bathroom, while the third unit has 4 bedrooms and 1 full bathroom. Other features: tons of parking on both sides of building, basement laundry area, two decks, close to historic downtown Salem, shopping, restaurants, schools, and parks, and so much more!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,279
Year Built
- Built in 1915
Lot Details
- 3,049
Home Design
- Triplex
- Stone Foundation
- Slate Roof
- Stone
Interior Spaces
- 3,345 Sq Ft Home
- Wood Flooring
- Laundry Room
- Unfinished Basement
Bedrooms and Bathrooms
- 10 Bedrooms
- 3 Full Bathrooms
Parking
- 5 Car Parking Spaces
- Driveway
- Open Parking
- Off-Street Parking
Utilities
- Heating Available
- 110 Volts
- Gas Water Heater
Additional Features
- 3,049 Sq Ft Lot
- Property is near public transit
Listing and Financial Details
- Assessor Parcel Number M:34 L:0235,2135692
Community Details
Overview
- 3 Units
- Property has 1 Level
Amenities
- Shops
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 29, 2021
Closed on
Sep 24, 2021
Sold by
Martin Jean R
Bought by
Rantoul Group Llc
Seller's Agent
Marc Fiore
Cameron Real Estate Group
Buyer's Agent
Marc Fiore
Cameron Real Estate Group
List Price
$599,900
Sold Price
$730,000
Premium/Discount to List
$130,100
21.69%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,824
Avg. Annual Appreciation
4.68%
Original Mortgage
$547,500
Outstanding Balance
$498,184
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
$395,640
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rantoul Group Llc | $730,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Rantoul Group Llc | $547,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/24/2021 09/24/21 | Sold | $730,000 | +16.8% | $218 / Sq Ft |
| 08/06/2021 08/06/21 | Pending | -- | -- | -- |
| 07/29/2021 07/29/21 | Price Changed | $625,000 | +4.2% | $187 / Sq Ft |
| 07/29/2021 07/29/21 | For Sale | $599,900 | -- | $179 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
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 | $9,627 | $848,900 | $145,900 | $703,000 |
| 2024 | $8,906 | $766,400 | $145,900 | $620,500 |
| 2023 | $8,639 | $690,600 | $128,800 | $561,800 |
| 2022 | $6,560 | $495,100 | $120,200 | $374,900 |
| 2021 | $6,279 | $455,000 | $112,200 | $342,800 |
| 2020 | $5,729 | $396,500 | $82,700 | $313,800 |
| 2019 | $5,592 | $370,300 | $73,000 | $297,300 |
| 2018 | $4,765 | $309,800 | $73,000 | $236,800 |
| 2017 | $4,511 | $284,400 | $62,300 | $222,100 |
| 2016 | $4,457 | $284,400 | $62,300 | $222,100 |
| 2015 | $3,774 | $230,000 | $53,500 | $176,500 |
Source: Public Records
Agents Affiliated with this Home
-
Marc Fiore
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72873483
APN: SALE-000034-000000-000235
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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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