NOT LISTED FOR SALE

Estimated Value: $639,000 - $1,219,000

6 Beds
3 Baths
3,511 Sq Ft
$238/Sq Ft Est. Value

Last Sold May 06, 2016

Last sale price $346,500 $99 Per Sq Ft

Est. 141% increase in value since last sale

Current estimated payment $5,188/month

34 Days on Market

About This Home

As of May 2016

“This property is now under auction terms. Auction dates are March 22 - March 26. Any presale offers should be submitted to Hudson & Marshall by clicking http://www.hudsonandmarshall.com then on the Bid Now icon. Bids will be taken during pre and post sale at the aforementioned website. No minimum starting bid required. All auction properties are subject to a 5% buyer's premium with a minimum of $2,000 and subject to a reserve price as well as seller confirmation. Total commission paid on auction properties is 5% of the contract sales price: 2.5% to the listing broker with a $1,500 minimum and 2.5% to the cooperating broker with a $1,500 minimum. No other incentives apply. Seller has the right (a) to change the date, place, and terms of the sale; (b) to remove the property from the market; and (c) to sell the property prior to the sale. Talk to Listing Agent for details.”

Last Listed By

John Jannino

Executive Real Estate Listed on: 01/28/2016

Executive Real Estate

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,762

Year Built

1915

Lot Details

0

Listing Details

  • Lot Description: Paved Drive
  • Property Type: Multi-family
  • Other Agent: 2.50
  • Lead Paint: Unknown
  • Special Features: 20
  • Property Sub Type: MultiFamily
  • Year Built: 1915

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 12
  • Amenities: Public Transportation
  • Basement: Full
  • Total Levels: 2

Exterior Features

  • Exterior: Vinyl
  • Foundation: Other (See Remarks)

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 4

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 2

Lot Info

  • Assessor Parcel Number: M:34 L:0186
  • Zoning: R3

Multi Family

  • Total Bedrooms: 6
  • Total Floors: 3
  • Total Full Baths: 3
  • Total Levels: 2
  • Total Rms: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2016
Closed on
May 6, 2016
Sold by
Bank New York Mellon T
Bought by
Singh Malkit
Seller's Agent
John Jannino
Executive Real Estate
Buyer's Agent
Devender Guhania
eXp Realty
List Price
$320,000
Sold Price
$346,500
Premium/Discount to List
$26,500
8.28%
Total Days on Market
34
Current Estimated Value
$834,047

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$487,547
Avg. Annual Appreciation
9.83%

Purchase Details

Closed on
Oct 15, 2013
Sold by
Fernandez Damaria
Bought by
Bank Of New York Mello

Purchase Details

Closed on
May 3, 2005
Sold by
Nweke Linda and Nweke Stanley M
Bought by
Fernandez Damaris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,000
Interest Rate
5.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 27, 1995
Sold by
Clay Charles E
Bought by
Pimentel Manuel and Vittini Marcia

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Similar Homes in the area

  • 23 Park St, Salem, MA 01970

    $725,000

    • 6 Beds
    • 2 Baths
    • 1,940 Sq Ft
    • 23 Park St
    • Salem, MA

    The property at 23 Park Street in Salem, MA, is a well-maintained two-family home built in 1915, offering approximately 1,940 square feet of living space across 12 rooms. The building features two distinct units: the first-floor unit includes a spacious 2-bedroom, 1-bath layout with an eat-in kitchen, a remodeled bathroom, gas heating, and a high-efficiency tankless water heater. Unit 1 has also

    Scott Martin Martin Property Management

    Section Image
  • 11 Ropes St, Salem, MA 01970

    $969,000

    • 8 Beds
    • 4 Baths
    • 4,486 Sq Ft
    • 11 Ropes St
    • Salem, MA

    Discover the potential of this spacious and well-located multifamily property, offering versatility and strong income potential. Property Features, three large, well-appointed units, generously sized bedrooms in each unit, private driveway plus additional resident street parking. Short walking distance to the commuter rail station, steps from Salem’s vibrant downtown shopping and restaurant

    Sonya Aoude Law Offices of Bradford Eliot Keene, P.C.

    Section Image
  • 3 Hazel St, Salem, MA 01970

    $849,900

    • 5 Beds
    • 3 Baths
    • 2,056 Sq Ft
    • 3 Hazel St
    • Salem, MA

    UNIT 1 IS VACANT. UNIT 2 LEASE ENDS MAY 31ST. UNIT 3 TAW, MOVING OUT JULY 31ST. Adding to the rental portfolio? Or maybe looking to get started? Look no further than 3 Hazel Street. Unit 1 and 2 offer flexible configuration and can be used as 1 or 2 bedroom units, each with 1 bathroom. Unit 3 is a charming 1 bed 1 bath unit. Unit 1 has had a recent renovation including new kitchen, refinished

    Jonathan McCarron William Raveis R.E. & Home Services

    Section Image
  • 4 Lemon Street Ct, Salem, MA 01970

    $850,000

    • 5 Beds
    • 3 Baths
    • 2,005 Sq Ft
    • 4 Lemon Street Ct
    • Salem, MA

    Minutes from downtown Salem, Salem Common, and the T-station, this well-maintained 2-unit property offers a fantastic investment or owner occupant opportunity. The first-floor unit features 2 beds, 1 bath, while the spacious second-floor unit spans 2 levels with 3 beds and 2 full baths, including a primary bath. Both units feature in-unit laundry, cherry cabinets, granite counters, and stainless

    Melissa Dias Lopes J. Barrett & Company

    Section Image
  • 149 Federal St, Salem, MA 01970

    $974,900

    • 5 Beds
    • 3 Baths
    • 3,599 Sq Ft
    • 149 Federal St
    • Salem, MA

    Welcome to 149 Federal Street – a rare gem in Salem’s coveted McIntire District! This cherished 2 family home has been in the same family for over 70 years, and it’s bursting with original charm & character. The 1st unit has been beautifully updated, featuring a stunning new kitchen with sleek stainless steel appliances, quartz countertops, and a spacious center island. The renovated bathroom

    Sean Connelly William Raveis R.E. & Home Services

    Section Image
  • 11 Barton St, Salem, MA 01970

    $929,900

    • 5 Beds
    • 3 Baths
    • 2,160 Sq Ft
    • 11 Barton St
    • Salem, MA

    Fantastic well maintained Colonial two family in lovely seaside Collins Cove neighborhood convenient to downtown and train, Salem Common and all that Historic Salem has to offer. Lots of updates and upgrades, plus attic expansion possibilities. All separate updated utilities including gas heat, hot water, and cooking, new roof and a charming level back yard, and a two car garage. There are two

    Henrique Oliveira Dell Realty Inc.

    Section Image
  • 24 Dunlap St, Salem, MA 01970

    $699,000

    • 7 Beds
    • 3 Baths
    • 2,812 Sq Ft
    • 24 Dunlap St
    • Salem, MA

    Attention contractors and investors!! Nestled in east Salem, MA, this three-family multi-unit property presents an excellent investment opportunity. Built in 1910, this 2,812 sq ft home is spread across three floors, each featuring its own distinct living space. The first unit has 3bdrms, the second and third have 2bdrms. Unit 1 has a rented hot water heater. Subject to the approval of and

    Daniel Laterowicz LDL Realty, LLC

    Section Image
  • 16 Mount Vernon St, Peabody, MA 01960

    $849,900

    • 5 Beds
    • 2.5 Baths
    • 2,319 Sq Ft
    • 16 Mount Vernon St
    • Peabody, MA

    Fantastic opportunity to own a spacious two-family home in Peabody - perfect for owner-occupants or investors! Unit 1 offers two levels of living, featuring a welcoming foyer, a bright living room, a spacious dining room, an eat-in kitchen, two bedrooms, & a full bath on the first floor. The finished lower level provides even more space with a cozy family room, a kitchenette, and a half bath.

    Mykayla Best Lamacchia Realty, Inc.

    Section Image
  • 68 Driscoll St, Peabody, MA 01960

    $885,100

    • 6 Beds
    • 2 Baths
    • 1,980 Sq Ft
    • 68 Driscoll St
    • Peabody, MA

    STILL AVAILABLE!!!!!! Ready to Sell, Welcome the Summer months on this clean and well taken care 2 Family Home. On a prime corner lot with a great expansion potential on the third level, Providing more living space on the large unfinish attic. (Subject to local zoning regulations) Nestled in a desirable neighborhood, this well maintained home offers a fantastic opportunity for homeowners and

    Rosa Valera Valera Realty Services

    Section Image

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
Singh Malkit $346,500 --
Bank Of New York Mello $340,000 --
Bank Of New York Mello $340,000 --
Fernandez Damaris $395,000 --
Fernandez Damaris $395,000 --
Pimentel Manuel $100,000 --
Pimentel Manuel $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Clay Charles E $316,000
Previous Owner Clay Charles E $79,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2016 05/06/16 Sold $346,500 +8.3% $99 / Sq Ft
03/02/2016 03/02/16 Pending -- -- --
01/28/2016 01/28/16 For Sale $320,000 -- $91 / 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 $6,762 $596,300 $155,300 $441,000
2024 $6,556 $564,200 $155,300 $408,900
2023 $6,319 $505,100 $137,000 $368,100
2022 $6,426 $485,000 $127,900 $357,100
2021 $6,093 $441,500 $119,300 $322,200
2020 $5,605 $387,900 $88,000 $299,900
2019 $5,462 $361,700 $77,600 $284,100
2018 $4,975 $323,500 $77,600 $245,900
2017 $4,707 $296,800 $66,200 $230,600
2016 $4,651 $296,800 $66,200 $230,600
2015 $3,943 $240,300 $56,900 $183,400
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71953379

MLS Property Information Network (MLS PIN)

APN: SALE-000034-000000-000186