4 Broad St Salem, MA 01970
Chestnut Street NeighborhoodEstimated Value: $1,109,000 - $1,292,786
6
Beds
3
Baths
4,309
Sq Ft
$281/Sq Ft
Est. Value
Highlights
- Golf Course Community
- Property is near public transit
- Park
- Medical Services
- 6 Fireplaces
- 2-minute walk to High Street Park
About This Home
As of April 2022This stately home is a legal 2-family in the desirable McIntire Historic District. Character, great warmth, charm and much period detail, high ceilings, large windows, beautiful floors and moldings describe the style and uniqueness of this historic home. The flexible floor plan allows many uses - a traditional 2-family as an investment property, a wonderful owner occupied situation with a large owner's unit and a spacious rental unit (ideal for tenants or an airbnb) or use as a single family home. The large, private brick patio space provides a wonderful area for outdoor entertaining and relaxation. The location provides easy access to all Salem has to offer - the restaurants, museums, shops, theater, Salem harbor, the commuter rail and the beautiful, historic streets of Salem.
Last Listed By
Sagan Harborside Sotheby's International Realty Listed on: 11/17/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,958
Year Built
- Built in 1834
Lot Details
- 2,614 Sq Ft Lot
- Near Conservation Area
Home Design
- Brick Foundation
- Stone Foundation
Interior Spaces
- 4,309 Sq Ft Home
- Property has 2 Levels
- 6 Fireplaces
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Full Bathrooms
Parking
- 4 Car Parking Spaces
- On-Street Parking
- Open Parking
Location
- Property is near public transit
- Property is near schools
Listing and Financial Details
- Assessor Parcel Number M:25 L:0572,2131984
Community Details
Overview
- 2 Units
Amenities
- Medical Services
- Shops
Recreation
- Golf Course Community
- Park
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 17, 2021
Closed on
Apr 14, 2022
Sold by
Shaughnessy Barbara A and Shaughnessy Brian C
Bought by
Salah Michael
Seller's Agent
Team Harborside
Sagan Harborside Sotheby's International Realty
Buyer's Agent
Karen Herrmann
Coldwell Banker Realty - Manchester
Sold Price
$1,015,000
Total Days on Market
64
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,697
Avg. Annual Appreciation
5.28%
Original Mortgage
$527,850
Outstanding Balance
$504,735
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$684,406
Purchase Details
Closed on
Jan 1, 1977
Bought by
Shaughnessy Brian C and Shaughnessy Barbara A
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Similar Homes in Salem, MA
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Salah Michael | $1,015,000 | None Available | |
| Shaughnessy Brian C | $100,700 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Salah Michael | $527,850 | |
| Previous Owner | Shaughnessy Barbara A | $277,000 | |
| Previous Owner | Shaughnessy Barbara A | $229,000 | |
| Previous Owner | Shaughnessy Brian C | $250,000 | |
| Previous Owner | Shaughnessy Brian C | $300,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/14/2022 04/14/22 | Sold | $1,015,000 | 0.0% | $236 / Sq Ft |
| 01/21/2022 01/21/22 | Pending | -- | -- | -- |
| 01/01/2022 01/01/22 | For Sale | -- | -- | -- |
| 12/31/2021 12/31/21 | Off Market | $1,015,000 | -- | -- |
| 11/17/2021 11/17/21 | For Sale | $1,099,000 | -- | $255 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $12,533 | $1,105,200 | $212,300 | $892,900 |
| 2024 | $11,411 | $982,000 | $197,100 | $784,900 |
| 2023 | $10,865 | $868,500 | $182,000 | $686,500 |
| 2022 | $8,897 | $671,500 | $171,900 | $499,600 |
| 2021 | $8,958 | $649,100 | $171,900 | $477,200 |
| 2020 | $8,628 | $597,100 | $171,900 | $425,200 |
| 2019 | $8,471 | $561,000 | $166,800 | $394,200 |
| 2018 | $8,224 | $534,700 | $159,200 | $375,500 |
| 2017 | $7,814 | $492,700 | $144,100 | $348,600 |
| 2016 | $7,725 | $493,000 | $144,100 | $348,900 |
| 2015 | $7,936 | $483,600 | $148,800 | $334,800 |
Source: Public Records
Agents Affiliated with this Home
-
Team Harborside
T
Seller's Agent in 2022
Team Harborside
Sagan Harborside Sotheby's International Realty
(617) 816-1909
3 in this area
144 Total Sales
-
K
Buyer's Agent in 2022
Karen Herrmann
Coldwell Banker Realty - Manchester
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72921078
APN: SALE-000025-000000-000572
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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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