NOT LISTED FOR SALE

37 Cabot St Salem, MA 01970

South Salem Neighborhood

Estimated Value: $862,000 - $1,037,000

9 Beds
3 Baths
3,240 Sq Ft
$302/Sq Ft Est. Value

Last Sold December 02, 2016

Last sale price $415,000 $128 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $6,251/month

39 Days on Market

About This Home

As of December 2016

ATTENTION INVESTORS. Three family home (3240 sf) with three bedrooms per unit. Each unit has a similar floor plan all with gas heat and hardwood floors. All units have separate electrical panels and separate gas hot water tanks.There is also new blown in insulation. The asphalt roof was replaced ten years ago. The seller has a "Certificate of Compliance" for lead paint. The exterior of the home is vinyl sided and some of the windows have been replaced. Good size, partially paved yard is good for possible extra parking.

Last Agent to Sell the Property

Patricia White

Century 21 North East Listed on: 04/26/2016

Century 21 North East

Last Buyer's Agent

Lisa Biggar

LAER Realty Partners

LAER Realty Partners

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,997

Year Built

1915

Lot Details

0

Listing Details

  • Lot Description: Paved Drive, Easements, Fenced/Enclosed, Level
  • Property Type: Multi-family
  • Other Agent: 2.00
  • Lead Paint: Certified Treated
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1915

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 15
  • Amenities: Public Transportation, Shopping, Medical Facility, Laundromat, Public School, T-Station, University
  • Electric: Circuit Breakers
  • Flooring: Laminate, Hardwood, Other (See Remarks)
  • Basement: Full, Interior Access, Bulkhead, Concrete Floor, Unfinished Basement
  • Total Levels: 3

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Vinyl
  • Exterior Features: Pool - Above Ground, Gutters, Storage Shed, Fenced Yard
  • Foundation: Fieldstone, Brick

Garage/Parking

  • Parking: Off-Street, Tandem, Paved Driveway, Other (See Remarks)
  • Parking Spaces: 6

Utilities

  • Heat Zones: 3
  • Hot Water: Natural Gas, Tank
  • Utility Connections: for Gas Range, for Electric Range, for Electric Dryer, Washer Hookup
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 3

Schools

  • Middle School: Collins
  • High School: Salem

Lot Info

  • Zoning: R2
  • Lot: 0250

Multi Family

  • APOD Available: Yes
  • Heat Units: 3
  • Total Bedrooms: 9
  • Total Floors: 6
  • Total Full Baths: 3
  • Total Levels: 3
  • Total Rms: 15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2016
Closed on
Dec 2, 2016
Sold by
Gale Thomas and Gale Elizabeth
Bought by
Smidt Colby A
Seller's Agent
Patricia White
Century 21 North East
Buyer's Agent
Lisa Biggar
LAER Realty Partners
List Price
$429,900
Sold Price
$415,000
Premium/Discount to List
-$14,900
-3.47%
Current Estimated Value
$978,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$563,333
Avg. Annual Appreciation
9.47%
Original Mortgage
$507,635
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 2, 2002
Sold by
Sassaluxanon Tanin and Sasaluxanon Sompis
Bought by
Beaulieu Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
6.92%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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
Smidt Colby A $415,000 --
Beaulieu Elizabeth $385,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smidt Colby $730,000
Closed Smidt Colby A $532,000
Closed Smidt Colby A $505,000
Closed Smidt Colby A $507,635
Previous Owner Sasaluxanon Tanin $384,000
Previous Owner Sasaluxanon Tanin $330,000
Previous Owner Sasaluxanon Tanin $142,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2016 12/02/16 Sold $415,000 -3.5% $128 / Sq Ft
06/04/2016 06/04/16 Pending -- -- --
05/27/2016 05/27/16 For Sale $429,900 0.0% $133 / Sq Ft
05/12/2016 05/12/16 Pending -- -- --
04/26/2016 04/26/16 For Sale $429,900 -- $133 / 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 $9,997 $881,600 $171,000 $710,600
2024 $9,208 $792,400 $162,000 $630,400
2023 $9,033 $722,100 $150,000 $572,100
2022 $8,672 $654,500 $141,000 $513,500
2021 $8,450 $612,300 $141,000 $471,300
2020 $7,721 $534,300 $121,800 $412,500
2019 $7,656 $507,000 $115,800 $391,200
2018 $7,078 $460,200 $110,400 $349,800
2017 $5,848 $368,700 $90,000 $278,700
2016 $5,702 $363,900 $85,200 $278,700
2015 $5,550 $338,200 $76,800 $261,400
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2016

    Patricia White

    Century 21 North East

    (978) 697-8097

    17 Total Sales

    Patricia White
    Section Image
  • Lisa Biggar

    Buyer's Agent in 2016

    Lisa Biggar

    Laer Realty

    (978) 578-0023

    1 in this area

    57 Total Sales

    Lisa Biggar
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71997421

MLS Property Information Network (MLS PIN)

APN: SALE-000033-000000-000250

Massachusetts Essex County Salem 01970 South Salem

37 Cabot St, Salem, MA

This home is located at 37 Cabot St, Salem, MA 01970 since 26 April 2016 and is currently estimated at $978,333, approximately $301 per square foot. This property was built in 1915. 37 Cabot St is a home located in Essex County with nearby schools including Saltonstall School, Carlton Elementary School, and Bates Elementary School.

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