Johnny Long
PRIVI Realty LLC
(857) 353-8035
169 Total Sales
1 in The Point
$1,000,000 Price
35 Palmer St Salem, MA 01970
The Point NeighborhoodEstimated Value: $854,022 - $1,221,000
11
Beds
3
Baths
3,896
Sq Ft
$256/Sq Ft
Est. Value
About This Home
As of July 2015Investors! 26 Salem is already CTG, now this is your opportunity to own a large, fully tenanted rental property with income in place and plenty of upside. First 2 floors are enormous 4BRs with another well-kept 2.5BR unit above. Additional space in enormous partially finished basement is also available and not counted in the 3,896 SF of living area. All units have decks in front and rear. Plenty of storage in basement or add coin-ops for more income. All separate utilities. Tandem parking in driveway for 2 cars. Hardwoods throughout and gorgeous built-ins and french doors. Don't miss this great moneymaker so close to downtown Salem! First open house this Saturday 6/27 from noon to 2pm! (limited access to units will Wetbe provided to respect tenants' privacy) ***Open house canceled due to CTG status***
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Property Details
Home Type
Multi-Family
Year Built
1915
Lot Details
3,049 Sq Ft Lot
Listing Details
- Lot Description: Paved Drive
- Special Features: None
- Property Sub Type: MultiFamily
- Stories: 3
- Year Built: 1915
Interior Features
- Has Basement: Yes
- Number of Rooms: 20
- Electric: Circuit Breakers, Individually Metered
- Energy: Insulated Windows
- Flooring: Wood, Tile
- Basement: Full, Partially Finished, Concrete Floor
Exterior Features
- Roof: Asphalt/Fiberglass Shingles
- Frontage: 40.00
- Construction: Frame
- Exterior: Vinyl
- Exterior Features: Porch, Deck - Wood, Covered Patio/Deck, Balcony
- Foundation: Fieldstone
Garage/Parking
- Parking: Off-Street, Tandem
- Parking Spaces: 2
Utilities
- Heat Zones: 3
- Hot Water: Natural Gas
- Utility Connections: for Gas Range, Washer Hookup
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 21, 2020
Sold by
Bought by
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$455,000
Outstanding Balance
$396,376
Interest Rate
2.9%
Mortgage Type
Commercial
Estimated Equity
$602,880
Purchase Details
Listed on
Jun 26, 2015
Closed on
Aug 3, 2015
Sold by
Bought by
Seller's Agent
Dan Botwinik
Dan Botwinik
Buyer's Agent
Deborah Douglass
RE/MAX Partners
List Price
$399,900
Sold Price
$440,000
Premium/Discount to List
$40,100
10.03%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.73%
Original Mortgage
$326,250
Interest Rate
3.97%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 16, 2012
Sold by
Bought by
Purchase Details
Closed on
Dec 24, 2009
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
4.92%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 2, 2009
Sold by
Bought by
Purchase Details
Closed on
Jan 30, 2009
Sold by
Bought by
Purchase Details
Closed on
Oct 11, 2002
Sold by
Bought by
Purchase Details
Closed on
Apr 7, 1995
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in The Point, MA
-
Johnny Long
-
Tyson Lynch
Tyson Lynch
Responds QuicklyThe Proper Nest Real Estate
(351) 666-4531
53 Total Sales
3 in The Point
$241K - $455K Price Range
-
Eric Erickson
Eric Erickson
Reimagined Real Estate Advisors
(978) 690-4349
11 Total Sales
1 in The Point
$439,900 Price
-
Wendy Webber
WW
Wendy Webber
Responds QuicklyColdwell Banker Realty - Marblehead
(351) 999-8407
32 Total Sales
1 in The Point
$920,000 Price
-
Cristina Coppola
Cristina Coppola
Responds QuicklyLamacchia Realty, Inc.
(351) 208-2654
134 Total Sales
2 in The Point
$290K - $305K Price Range
-
Gary Blattberg
Gary Blattberg
Responds QuicklyRE/MAX Beacon
(978) 972-4693
122 Total Sales
2 in The Point
$239K - $1.2M Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | None Available | ||
| $435,000 | -- | ||
| -- | -- | ||
| -- | -- | ||
| $160,000 | -- | ||
| $276,250 | -- | ||
| $315,000 | -- | ||
| $123,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $455,000 | ||
| Previous Owner | $326,250 | ||
| Previous Owner | $245,000 | ||
| Previous Owner | $405,000 | ||
| Previous Owner | $196,000 | ||
| Previous Owner | $190,500 | ||
| Previous Owner | $146,250 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/31/2015 07/31/15 | Sold | $440,000 | +10.0% | $113 / Sq Ft |
| 07/01/2015 07/01/15 | Pending | -- | -- | -- |
| 06/26/2015 06/26/15 | For Sale | $399,900 | -- | $103 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $9,409 | $829,700 | $144,900 | $684,800 |
| 2024 | $8,675 | $746,600 | $144,900 | $601,700 |
| 2023 | $8,288 | $662,500 | $127,900 | $534,600 |
| 2022 | $8,207 | $619,400 | $119,400 | $500,000 |
| 2021 | $7,826 | $567,100 | $111,400 | $455,700 |
| 2020 | $7,062 | $488,700 | $82,100 | $406,600 |
| 2019 | $6,905 | $457,300 | $72,500 | $384,800 |
| 2018 | $6,366 | $413,900 | $72,500 | $341,400 |
| 2017 | $6,049 | $381,400 | $61,800 | $319,600 |
| 2016 | $4,728 | $301,700 | $61,800 | $239,900 |
| 2015 | $3,999 | $243,700 | $53,100 | $190,600 |
Source: Public Records
Agents Affiliated with this Home
-
Dan Botwinik
Seller's Agent in 2015
Dan Botwinik
Dan Botwinik
(617) 863-8335
5 Total Sales
-
Deborah Douglass
Buyer's Agent in 2015
Deborah Douglass
The Carroll Team
(978) 569-6028
10 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 71864918
APN: SALE-000034-000000-000224
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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