NOT LISTED FOR SALE

Estimated Value: $726,819 - $902,000

4 Beds
3 Baths
2,218 Sq Ft
$372/Sq Ft Est. Value

Last Sold December 16, 2019

Last sale price $550,000 $248 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $5,223/month

19 Days on Market

Highlights

  • Wood Flooring
  • Tankless Water Heater
  • 3-minute walk to Collins Cove Park

About This Home

As of December 2019

Fantastic opportunity for any investor looking for cash flow or savvy owner occupant buyer looking for a two family home. Great location with close proximity to all that Salem has to offer!!! First floor unit features 1 bedroom, large kitchen and oversized living room with hardwood flooring and in-unit laundry. The second unit consists of 3 spacious bedrooms and 2 full baths spanning two floors with in-unit laundry. Large fenced in backyard perfect for grilling and summer enjoyment. Seller recently installed all new replacement windows. Plenty of storage in the full unfinished basement. Showings to begin Friday October 18th during the group showing from 5:30-7:00. Please call to confirm.

Last Agent to Sell the Property

Stakem Team

Leading Edge Real Estate Listed on: 10/17/2019

Co-Listed By

Mark Stakem

Leading Edge Real Estate

Last Buyer's Agent

M. J. Taglieri

Options Real Estate Services, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,250

Year Built

  • Built in 1900

Lot Details

  • 3,049

Flooring

  • Wood
  • Tile
  • Vinyl

Additional Features

  • Year Round Access
  • Tankless Water Heater
  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:36 L:0103

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,250

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 1.00
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 250.18
  • Comp Based On: Net Sale Price
  • Year Built: 1900
  • Lead Paint: Unknown
  • Year Round: Yes
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1900

Interior Features

  • Flooring: Wood, Tile, Vinyl
  • Total Flrs: 3
  • No Bedrooms: 4
  • Total Brs: 4
  • Full Bathrooms: 3
  • Total Fbh: 3
  • No Rooms: 10
  • Basement: Y
  • Basement Features: Full, Interior Access, Unfinished Basement
  • Main Lo: AN4643
  • Main So: C95127
  • Estimated Sq Ft: 2218.00

Exterior Features

  • Beachfront Flag: Yes
  • Beach Miles To: 1/2 to 1 Mile
  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Aluminum
  • Foundation: Fieldstone, Brick

Garage/Parking

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

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers
  • Hot Water: Tankless
  • Utility Connections: for Gas Range

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Medical Facility, House of Worship

Lot Info

  • Assessments: 395900.00
  • Acre: 0.07
  • Lot Size: 3049.00
  • Page: 6
  • Parcel Number: M:36 L:0103
  • Zoning: R2
  • Lot Description: Fenced/Enclosed, Level

Green Features

  • Energy Features: Insulated Windows

Multi Family

  • Heat Units: 1
  • Total Levels: 3
  • Total Rent: 4450
  • Total Rms: 10
  • No Units: 2
  • Mf Type: 2 Family

Tax Info

  • Taxes: 5978.00
  • Assessor Parcel Number: 2137230

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Tejeda Manuel E $17,501
Closed Tejeda Manuel E $540,038
Closed Mirabella Maria $412,500
Closed Mirabella Maria $378,000
Closed Patten Jannie L $304,385
Closed Dumas Annette A $420,000
Closed Dumas Annette A $10,000
Closed Dumas Annette A $214,230
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2019 12/16/19 Sold $550,000 -0.9% $248 / Sq Ft
11/05/2019 11/05/19 Pending -- -- --
10/24/2019 10/24/19 For Sale $554,900 0.0% $250 / Sq Ft
10/19/2019 10/19/19 Pending -- -- --
10/17/2019 10/17/19 For Sale $554,900 +10.1% $250 / Sq Ft
10/05/2018 10/05/18 Sold $504,000 +7.3% $227 / Sq Ft
07/18/2018 07/18/18 Pending -- -- --
07/09/2018 07/09/18 For Sale $469,900 +51.6% $212 / Sq Ft
06/24/2013 06/24/13 Sold $310,000 +3.4% $174 / Sq Ft
05/25/2013 05/25/13 Pending -- -- --
04/30/2013 04/30/13 For Sale $299,900 -- $169 / 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 $7,250 $639,300 $163,300 $476,000
2024 $6,944 $597,600 $154,700 $442,900
2023 $6,770 $541,200 $143,300 $397,900
2022 $6,691 $505,000 $134,700 $370,300
2021 $6,483 $469,800 $134,700 $335,100
2020 $6,115 $423,200 $116,300 $306,900
2019 $5,978 $395,900 $110,600 $285,300
2018 $5,408 $351,600 $105,400 $246,200
2017 $5,021 $316,600 $86,000 $230,600
2016 $4,889 $312,000 $81,400 $230,600
2015 $4,723 $287,800 $73,300 $214,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72581235

MLS Property Information Network (MLS PIN)

APN: SALE-000036-000000-000103