NOT LISTED FOR SALE

Estimated Value: $833,000 - $983,000

4 Beds
3 Baths
2,647 Sq Ft
$341/Sq Ft Est. Value

Last Sold August 10, 2017

Last sale price $520,000 $196 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $5,557/month

5 Days on Market

About This Home

As of August 2017

ALL OFFERS DUE BY MONDAY, JUNE 26TH AT 5PM!!! Come see this turn-key 2-family home near Salem State University, Salem High School, and North Shore Medical Center Salem Hospital! Walk out your front door to Olde Salem Greens Golf Course or Castle Hill Park! This property boasts plenty of off-street parking, a garage, and a great backyard for entertaining. The first floor owner's unit includes a master bathroom and a bonus finished lower level! New roof in 2010, 1st floor furnace completely rebuilt in 2011 and 2nd floor installed in 2009. Great opportunity for an owner occupant to move in and let your tenant help pay your mortgage!

Last Agent to Sell the Property

Ortins Group

AA Premier Properties, LLC Listed on: 06/21/2017

Last Buyer's Agent

David Cloutier

Coldwell Banker Realty - Lynnfield License #449588657

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,251

Year Built

1925

Lot Details

0

Listing Details

  • Lot Description: Corner, Paved Drive, Cleared, Level
  • Property Type: Multi-family
  • Other Agent: 1.00
  • Lead Paint: Unknown
  • Year Built Description: Approximate
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1925

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 11
  • Amenities: Public Transportation, Shopping, Park, Golf Course, Medical Facility, House of Worship, Private School, Public School, T-Station, University
  • Flooring: Wood, Tile, Wall to Wall Carpet
  • Basement: Full, Partially Finished, Interior Access, Concrete Floor
  • Full Bathrooms: 3
  • Total Levels: 3
  • Main Lo: NB9147
  • Main So: K95001
  • Estimated Sq Ft: 2647.00

Exterior Features

  • Construction: Frame
  • Exterior: Aluminum
  • Exterior Features: Porch - Enclosed, Patio, Gutters, Professional Landscaping, Screens, Fenced Yard, Integrated Pest Management, Garden Area, Stone Wall
  • Foundation: Concrete Block
  • Beach Ownership: Public

Garage/Parking

  • Garage Spaces: 1
  • Parking: Off-Street, Tandem, Assigned, Improved Driveway, Paved Driveway
  • Parking Spaces: 8

Utilities

  • Hot Water: Oil
  • Utility Connections: for Electric Range, for Electric Oven, Washer Hookup
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 2

Lot Info

  • Assessor Parcel Number: M:24 L:0039
  • Zoning: R1
  • Acre: 0.17
  • Lot Size: 7610.00

Multi Family

  • Heat Units: 2
  • Sq Ft Incl Bsmt: Yes
  • Total Bedrooms: 4
  • Total Floors: 3
  • Total Full Baths: 3
  • Total Levels: 2
  • Total Rms: 11
  • Total Rent_1: 1650
  • Multi Family Type: 2 Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 3, 2024
Sold by
Fodera Deena and Fodera Gaetano C
Bought by
Fodera Deena and Fodera Gaetano C
Current Estimated Value
$902,640

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Outstanding Balance
$118,512
Interest Rate
7.17%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$784,128

Purchase Details

Listed on
Jun 21, 2017
Closed on
Aug 11, 2017
Sold by
Berube Thomas A
Bought by
Fodera Gaetano and Fodera Deena
Seller's Agent
Ortins Group
AA Premier Properties, LLC
Buyer's Agent
David Cloutier
Coldwell Banker Realty - Lynnfield
List Price
$499,900
Sold Price
$520,000
Premium/Discount to List
$20,100
4.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.00%
Original Mortgage
$510,581
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
May 30, 2014
Sold by
38 Willson St Rt
Bought by
Berube Thomas A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,600
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 1, 2005
Sold by
Kalivas Gladys B
Bought by
Berube Thomas W
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
Fodera Deena -- None Available
Fodera Deena -- None Available
Fodera Gaetano $520,000 --
Berube Thomas A $312,000 --
Berube Thomas W $140,000 --
Berube Thomas W $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fodera Deena $120,000
Closed Fodera Deena $120,000
Previous Owner Fodera Gaetano $510,581
Previous Owner Berube Thomas A $249,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2017 08/10/17 Sold $520,000 +4.0% $196 / Sq Ft
06/26/2017 06/26/17 Pending -- -- --
06/21/2017 06/21/17 For Sale $499,900 -- $189 / 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 $9,251 $815,800 $218,600 $597,200
2024 $8,469 $728,800 $207,700 $521,100
2023 $8,230 $657,900 $191,700 $466,200
2022 $8,175 $617,000 $185,400 $431,600
2021 $7,768 $562,900 $172,600 $390,300
2020 $7,539 $521,700 $163,000 $358,700
2019 $7,464 $494,300 $154,700 $339,600
2018 $5,978 $388,700 $147,000 $241,700
2017 $5,575 $351,500 $124,000 $227,500
2016 $5,417 $345,700 $118,200 $227,500
2015 $5,274 $321,400 $108,700 $212,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72187033

MLS Property Information Network (MLS PIN)

APN: SALE-000024-000000-000039