Seller's Agent in 2021
Bill Hoey
RE/MAX
(978) 276-1000
1 in this area
15 Total Sales
35 Buffum St Salem, MA 01970
North Salem NeighborhoodEstimated Value: $822,595 - $851,000
6
Beds
3
Baths
2,700
Sq Ft
$310/Sq Ft
Est. Value
Highlights
- Property is near public transit
- Enclosed Patio or Porch
- Cooling Available
- Wood Flooring
- Tandem Parking
- 1-minute walk to Patten Park
About This Home
As of September 2021Awesome Location!!!! This Classic Two Family Colonial is located in North Salem near Peabody. Nice neighborhood, very convenient to all the shops and restaurants downtown and only 1/2 mile from the Train to Boston. Many updates including Corian kitchen counters, newer heating systems, NEW BACK PORCH, NEW ROOF, NEW DRIVEWAY! Each unit has a washer and dryer. Separate utilities for each apartment. 1st floor apt. (2) bedrooms. Huge 2nd & 3rd floor apt. (4) bedrooms & (2) baths. Great fenced in large backyard, perfect for summer cookouts. Horseshoe pits and horse shoes waiting for you in the backyard. The driveway has room for six cars; 3 & 3; tandem. Rents are under market. Good investment opportunity for investor or owner occupant. Great place to live with rich historical roots. You will love the Peabody Essex Museum and strolling on the Salem Common. Open House, Saturday and Sunday 12 to 1:30PM. Offers due by Tuesday at Noon.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,186
Year Built
- Built in 1890
Lot Details
- 6,970 Sq Ft Lot
- Fenced
- Level Lot
Home Design
- Duplex
- Brick Foundation
- Stone Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 2,700 Sq Ft Home
- Property has 1 Level
- Insulated Windows
- Unfinished Basement
- Basement Fills Entire Space Under The House
- Washer
Kitchen
- Dishwasher
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Full Bathrooms
Parking
- 6 Car Parking Spaces
- Tandem Parking
- Driveway
- Paved Parking
- Open Parking
- Off-Street Parking
Outdoor Features
- Enclosed Patio or Porch
- Rain Gutters
Location
- Property is near public transit
- Property is near schools
Utilities
- Cooling Available
- 2 Heating Zones
- Heating Available
- 220 Volts
- 100 Amp Service
- Natural Gas Connected
- Gas Water Heater
Listing and Financial Details
- Total Actual Rent $3,580
- Rent includes unit 1(water), unit 2(water)
- Assessor Parcel Number 2132987
Community Details
Recreation
- Park
Building Details
- Electric Expense $360
- Insurance Expense $3,000
- Water Sewer Expense $1,300
- Operating Expense $13,546
- Net Operating Income $36,600
Additional Features
- 2 Units
- Shops
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 14, 2021
Closed on
Sep 30, 2021
Sold by
Tiffany Shannon
Bought by
Giancola Angelina E and Giancola Frank J
Seller's Agent
Bill Hoey
RE/MAX Renaissance Inc.
Buyer's Agent
Nancy Yorgy
Keller Williams Realty Evolution
List Price
$675,000
Sold Price
$700,000
Premium/Discount to List
$25,000
3.7%
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
$146,268
Avg. Annual Appreciation
4.29%
Original Mortgage
$525,000
Outstanding Balance
$482,887
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$340,804
Purchase Details
Listed on
Mar 21, 2016
Closed on
Jun 20, 2016
Sold by
Anderson Dag and Anderson Eve
Bought by
Astle Shannon
Seller's Agent
Gerald Caruso
Gerald Caruso
Buyer's Agent
Bill Hoey
RE/MAX Renaissance Inc.
List Price
$459,900
Sold Price
$435,000
Premium/Discount to List
-$24,900
-5.41%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.43%
Original Mortgage
$420,481
Interest Rate
3.61%
Mortgage Type
FHA
Purchase Details
Listed on
Nov 23, 2013
Closed on
Mar 28, 2014
Sold by
Fnma
Bought by
Anderson Dag and Anderson Eve
Seller's Agent
Mindy Reichman
Coldwell Banker Realty - Marblehead
Buyer's Agent
Gerald Caruso
Gerald Caruso
List Price
$390,900
Sold Price
$360,000
Premium/Discount to List
-$30,900
-7.9%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.86%
Original Mortgage
$270,000
Interest Rate
4.27%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 9, 2012
Sold by
Locke Linda
Bought by
Federal National Mortgage Association
Purchase Details
Closed on
Mar 16, 2004
Sold by
Crowley M Joyce
Bought by
Locke Linda
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,750
Interest Rate
5.67%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 13, 2003
Sold by
Crowley Robert J and Joyce Crowley M
Bought by
Crowley M Joyce
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Giancola Angelina E | $700,000 | None Available | |
| Astle Shannon | $435,000 | -- | |
| Anderson Dag | $360,000 | -- | |
| Federal National Mortgage Association | $301,689 | -- | |
| Locke Linda | $415,000 | -- | |
| Crowley M Joyce | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Giancola Angelina E | $525,000 | |
| Previous Owner | Astle Shannon | $420,481 | |
| Previous Owner | Anderson Dag | $270,000 | |
| Previous Owner | Crowley M Joyce | $269,750 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/30/2021 09/30/21 | Sold | $700,000 | +3.7% | $259 / Sq Ft |
| 07/21/2021 07/21/21 | Pending | -- | -- | -- |
| 07/14/2021 07/14/21 | For Sale | $675,000 | +55.2% | $250 / Sq Ft |
| 06/20/2016 06/20/16 | Sold | $435,000 | 0.0% | $157 / Sq Ft |
| 06/01/2016 06/01/16 | Off Market | $435,000 | -- | -- |
| 04/12/2016 04/12/16 | Pending | -- | -- | -- |
| 04/08/2016 04/08/16 | Price Changed | $449,900 | -2.2% | $162 / Sq Ft |
| 04/04/2016 04/04/16 | For Sale | $459,900 | 0.0% | $166 / Sq Ft |
| 03/25/2016 03/25/16 | Pending | -- | -- | -- |
| 03/21/2016 03/21/16 | For Sale | $459,900 | +27.8% | $166 / Sq Ft |
| 03/28/2014 03/28/14 | Sold | $360,000 | -7.9% | $136 / Sq Ft |
| 02/26/2014 02/26/14 | Pending | -- | -- | -- |
| 11/23/2013 11/23/13 | For Sale | $390,900 | -- | $148 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $7,895 | $696,200 | $214,700 | $481,500 |
| 2024 | $7,563 | $650,900 | $204,000 | $446,900 |
| 2023 | $7,386 | $590,400 | $188,300 | $402,100 |
| 2022 | $7,579 | $572,000 | $182,000 | $390,000 |
| 2021 | $7,186 | $520,700 | $169,500 | $351,200 |
| 2020 | $7,063 | $488,800 | $160,100 | $328,700 |
| 2019 | $6,996 | $463,300 | $151,900 | $311,400 |
| 2018 | $6,483 | $421,500 | $144,400 | $277,100 |
| 2017 | $5,875 | $370,400 | $121,800 | $248,600 |
| 2016 | $5,361 | $342,100 | $116,100 | $226,000 |
| 2015 | $5,199 | $316,800 | $106,700 | $210,100 |
Source: Public Records
Agents Affiliated with this Home
-
-
N
Buyer's Agent in 2021
Nancy Yorgy
Keller Williams Realty Evolution
(978) 229-2229
1 in this area
47 Total Sales
-
G
Seller's Agent in 2016
Gerald Caruso
Gerald Caruso
-
M
Seller's Agent in 2014
Mindy Reichman
Coldwell Banker Realty - Marblehead
(978) 745-2004
19 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72865193
APN: SALE-000027-000000-000051
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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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