NOT LISTED FOR SALE

355 Jefferson Ave Salem, MA 01970

South Salem Neighborhood

Estimated Value: $717,658 - $913,000

4 Beds
2 Baths
2,253 Sq Ft
$365/Sq Ft Est. Value

Last Sold June 27, 2014

Last sale price $247,000 $110 Per Sq Ft

Est. 233% increase in value since last sale

Current estimated payment $5,179/month

49 Days on Market

About This Home

As of June 2014

2 family property with 2 beds 1 bath in first floor, 3 beds 1 bath in second floor. Off street parking. Some deferred maintenance. Has knob and tube wiring. will not qualify for FHA. Cash or rehab preferred loans. Units are occupied so please be patient for showings. Short Sale subject to 3rd party approval. Inspections for informational purposes only and to be completed within 48 hours of acceptance.

Last Listed By

Mike Becker

Atlantic Coast Homes,Inc Listed on: 04/09/2014

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,140

Year Built

1917

Lot Details

0

Listing Details

  • Lot Description: Paved Drive
  • Other Agent: 1.50
  • Special Features: 12
  • Property Sub Type: MultiFamily
  • Year Built: 1917

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 12
  • Amenities: Public Transportation, Shopping, Swimming Pool, Tennis Court, Park, Walk/Jog Trails, Golf Course, Medical Facility, Laundromat
  • Electric: Circuit Breakers
  • Energy: Insulated Windows
  • Flooring: Wood, Vinyl, Wall to Wall Carpet
  • Basement: Full, Walk Out, Sump Pump

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Aluminum
  • Exterior Features: Porch, Fenced Yard
  • Foundation: Other (See Remarks)

Garage/Parking

  • Parking: Off-Street, Tandem
  • Parking Spaces: 2

Lot Info

  • Assessor Parcel Number: M:23 L:0185

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 6, 2018
Sold by
Elouche Akram S
Bought by
Moak Capital Llc
Total Days on Market
49
Current Estimated Value
$822,915

Purchase Details

Closed on
Feb 23, 2018
Sold by
Lyons Haily N
Bought by
Elouche Akram S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$343,500
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 26, 2015
Sold by
Twomey Steven J and Taglieri Mary-Jane
Bought by
Lyons Haily N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,850
Interest Rate
3.68%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 2, 2014
Sold by
Twomey Steven
Bought by
Twomey Steven J and Taglieri Mary-Jane

Purchase Details

Listed on
Apr 9, 2014
Closed on
Jun 27, 2014
Sold by
Lyons Paul J
Bought by
Twomey Steven
Seller's Agent
Mike Becker
Atlantic Coast Homes,Inc
Buyer's Agent
Mike Becker
Atlantic Coast Homes,Inc
List Price
$249,900
Sold Price
$247,000
Premium/Discount to List
-$2,900
-1.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.40%
Original Mortgage
$234,650
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 12, 2007
Sold by
Haily Rt 2
Bought by
Lyons Paul J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,500
Interest Rate
12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 18, 2005
Sold by
Haily Rt No 2
Bought by
Lyons Paul J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 26, 1996
Sold by
Fnma
Bought by
Lyons Paul J

Purchase Details

Closed on
Jan 29, 1996
Sold by
Nguyen Son Duc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 10, 1989
Sold by
Lyons Paul J
Bought by
Nguyen Son Duc

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
Moak Capital Llc -- --
Elouche Akram S $520,000 --
Lyons Haily N $256,500 --
Twomey Steven J -- --
Twomey Steven $247,000 --
Lyons Paul J -- --
Lyons Paul J -- --
Lyons Paul J $114,000 --
Federal National Mortgage Association $140,000 --
Nguyen Son Duc $170,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moak Cap Llc $449,250
Previous Owner Elouche Akram S $343,500
Previous Owner Lyons Haily N $230,850
Previous Owner Lyons Haily N $7,675
Previous Owner Twomey Steven $234,650
Previous Owner Duerr Robert E $209,500
Previous Owner Duerr Robert E $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2014 06/27/14 Sold $247,000 -1.2% $110 / Sq Ft
05/28/2014 05/28/14 Pending -- -- --
04/09/2014 04/09/14 For Sale $249,900 -- $111 / 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 $7,140 $629,600 $183,900 $445,700
2024 $6,937 $597,000 $183,900 $413,100
2023 $6,739 $538,700 $168,300 $370,400
2022 $6,731 $508,000 $162,100 $345,900
2021 $6,409 $464,400 $152,700 $311,700
2020 $6,096 $421,900 $137,100 $284,800
2019 $5,954 $394,300 $124,700 $269,600
2018 $5,223 $339,600 $115,900 $223,700
2017 $4,138 $260,900 $109,100 $151,800
2016 $4,071 $259,800 $88,500 $171,300
2015 $5,166 $314,800 $88,500 $226,300
Source: Public Records

Agents Affiliated with this Home

  • Mike Becker

    Seller's Agent in 2014

    Mike Becker

    Atlantic Coast Homes,Inc

    (978) 590-4181

    2 in this area

    85 Total Sales

    Mike Becker
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71659498

MLS Property Information Network (MLS PIN)

APN: SALE-000023-000000-000185

Massachusetts Essex County Salem 01970 South Salem

355 Jefferson Ave, Salem, MA

Homes for Sale in Salem, MA

This home is located at 355 Jefferson Ave, Salem, MA 01970 since 09 April 2014 and is currently estimated at $822,915, approximately $365 per square foot. This property was built in 1917. 355 Jefferson Ave is a home located in Essex County with nearby schools including Horace Mann Laboratory, Saltonstall School, and Carlton Elementary School.

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