NOT LISTED FOR SALE

38 Bow St Salem, MA 01970

Gallows Hill Neighborhood

Estimated Value: $539,000 - $614,133

4 Beds
1 Bath
1,332 Sq Ft
$431/Sq Ft Est. Value

Last Sold December 13, 2017

Last sale price $333,000 $250 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $3,571/month

8 Days on Market

About This Home

As of December 2017

Pride of ownership shines thru in this well maintained four bedroom 1 bath house in cozy Salem neighborhood. Enjoy the open living room/kitchen concept that features two bedrooms and full bath on the main level. Exterior and interior have been recently painted to go along with refinished hardwood floors. There is a new 3 zone gas heating system to go along with new rear deck to enjoy the fenced in back yard. There are new flooring in kitchen and bathroom to go along with new appliances throughout. Additional features include a great family room in lower level, updated 200 amp electrical service and to many other features to list. Showings to start at 1st open houses on October 28th and 29th from 11am-1pm.

Last Agent to Sell the Property

Josh Rosenblum

Lyv Realty Listed on: 10/23/2017

Last Buyer's Agent

Crowell & Frost Realty Group

J. Barrett & Company

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,642

Year Built

1960

Lot Details

0

Listing Details

  • Lot Description: Paved Drive
  • Property Type: Single Family
  • Single Family Type: Detached
  • Style: Cape
  • Other Agent: 1.00
  • Lead Paint: Unknown
  • Year Built Description: Actual
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1960

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 8
  • Electric: 200 Amps
  • Energy: Insulated Windows, Insulated Doors
  • Flooring: Tile, Wall to Wall Carpet, Hardwood
  • Basement: Full, Partially Finished, Walk Out, Concrete Floor
  • Bedroom 2: First Floor, 9X11
  • Bedroom 3: Second Floor, 13X12
  • Bedroom 4: Second Floor, 12X13
  • Bathroom #1: First Floor, 7X6
  • Kitchen: First Floor, 11X12
  • Laundry Room: Basement
  • Living Room: First Floor, 11X13
  • Master Bedroom: First Floor, 10X11
  • Master Bedroom Description: Flooring - Hardwood
  • Family Room: Basement, 21X14
  • No Bedrooms: 4
  • Full Bathrooms: 1
  • Main Lo: C64900
  • Main So: C95243
  • Estimated Sq Ft: 1332.00

Exterior Features

  • Exterior: Vinyl
  • Exterior Features: Deck - Vinyl, Deck - Composite, Storage Shed
  • Foundation: Poured Concrete

Garage/Parking

  • Parking: Off-Street
  • Parking Spaces: 2

Utilities

  • Heat Zones: 3
  • Hot Water: Electric
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Lot Info

  • Zoning: RES
  • Acre: 0.09
  • Lot Size: 4000.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2017
Closed on
Dec 13, 2017
Sold by
Mercier Arthur and Deleon-Arreaga Patricia I
Bought by
Diianni Joseph P and Fix Sara
Seller's Agent
Josh Rosenblum
Lyv Realty
Buyer's Agent
Crowell & Frost Realty Group
J. Barrett & Company
List Price
$319,900
Sold Price
$333,000
Premium/Discount to List
$13,100
4.1%
Current Estimated Value
$573,533

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$240,533
Avg. Annual Appreciation
7.12%
Original Mortgage
$279,720
Outstanding Balance
$241,408
Interest Rate
4.13%
Mortgage Type
New Conventional
Estimated Equity
$325,564

Purchase Details

Listed on
Aug 8, 2013
Closed on
Jan 10, 2014
Sold by
Fnma
Bought by
Mercier Arthur
Seller's Agent
Elizabeth Wood
Tache Real Estate, Inc.
Buyer's Agent
Josh Rosenblum
Lyv Realty
List Price
$279,900
Sold Price
$204,000
Premium/Discount to List
-$75,900
-27.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.28%
Original Mortgage
$212,369
Interest Rate
4.29%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 5, 2013
Sold by
Riper Michael R
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 15, 2007
Sold by
Niethamer Diana E and Norcross Jeffrey C
Bought by
Vanriper Rachel E and Vanriper Michael R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,900
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 10, 1999
Sold by
Paine Charles O and Paine Mary E
Bought by
Norcross Jeffrey C and Neithamer Diana E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
7.65%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Diianni Joseph P $333,000 --
Mercier Arthur $204,000 --
Federal National Mortgage Association $319,893 --
Vanriper Rachel E $279,900 --
Norcross Jeffrey C $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Diianni Joseph P $279,720
Previous Owner Mercier Arthur $208,000
Previous Owner Mercier Arthur $212,369
Previous Owner Paine Charles O $279,900
Previous Owner Paine Charles O $136,000
Previous Owner Paine Charles O $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2017 12/13/17 Sold $333,000 +4.1% $250 / Sq Ft
10/31/2017 10/31/17 Pending -- -- --
10/23/2017 10/23/17 For Sale $319,900 +56.8% $240 / Sq Ft
01/10/2014 01/10/14 Sold $204,000 0.0% $153 / Sq Ft
12/03/2013 12/03/13 Pending -- -- --
11/14/2013 11/14/13 Off Market $204,000 -- --
11/07/2013 11/07/13 Price Changed $209,000 -9.1% $157 / Sq Ft
10/07/2013 10/07/13 Price Changed $229,900 -8.0% $173 / Sq Ft
09/07/2013 09/07/13 Price Changed $249,900 -10.7% $188 / Sq Ft
08/08/2013 08/08/13 For Sale $279,900 -- $210 / 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 $5,642 $497,500 $200,100 $297,400
2024 $5,514 $474,500 $190,100 $284,400
2023 $5,337 $426,600 $175,500 $251,100
2022 $5,211 $393,300 $169,700 $223,600
2021 $4,870 $352,900 $158,000 $194,900
2020 $4,857 $336,100 $149,200 $186,900
2019 $4,830 $319,900 $141,600 $178,300
2018 $4,576 $297,500 $134,600 $162,900
2017 $4,247 $267,800 $113,500 $154,300
2016 $4,113 $262,500 $108,200 $154,300
2015 $3,986 $242,900 $99,500 $143,400
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2017

    Josh Rosenblum

    Lyv Realty

    (617) 308-9188

    19 Total Sales

    Josh Rosenblum
    Section Image

  • E

    Seller's Agent in 2014

    Elizabeth Wood

    Tache Real Estate, Inc.

    (351) 201-0512

    5 Total Sales

    Elizabeth Wood
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72246258

MLS Property Information Network (MLS PIN)

APN: SALE-000015-000000-000109

Massachusetts Essex County Salem 01970 Gallows Hill

38 Bow St, Salem, MA

This home is located at 38 Bow St, Salem, MA 01970 since 23 October 2017 and is currently estimated at $573,533, approximately $430 per square foot. This property was built in 1960. 38 Bow St is a home located in Essex County with nearby schools including Witchcraft Heights Elementary School, Horace Mann Laboratory, and Bates Elementary School.

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MLS Property Information Network (MLS PIN) 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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