Seller's Agent in 2021
Peter Lutts
Herrick Lutts Realty Partners
(978) 979-1275
1 in this area
22 Total Sales
4 Hanson St Salem, MA 01970
Gallows Hill NeighborhoodEstimated Value: $623,000 - $702,000
4
Beds
2
Baths
1,472
Sq Ft
$442/Sq Ft
Est. Value
About This Home
As of April 2021Showings at Open Houses Sat 3/6 and Sunday 3/7 from 12 to 1 PM. Offers are due Monday by 5 PM for review and response Tuesday. This is a turn key opportunity to enter into the multi family housing market in Salem. Whether you are a first time investor or are adding to your portfolio, this is a great property that is easy to maintain. Centrally located, and convenient to the Commuter Rail and Downtown Salem, it is ideal for commuters. The first floor apartment features two bedrooms, one bathroom, with a granite kitchen and is heated by forced hot air. The second floor apartment has its own private entry, two bedrooms, one bathroom, washer and dryer and a bonus loft space that can be used for additional sleeping area or office. Two gas heating systems, two gas hot water tanks, separate circuit breaker electric panels. Tenants pay their own utilities.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,949
Year Built
- Built in 1853
Lot Details
- 1,307
Additional Features
- Rain Gutters
- Natural Gas Water Heater
- Basement
Listing and Financial Details
- Assessor Parcel Number M:15 L:0216
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 17, 2014
Sold by
4 Hanson Street T and Leblanc
Bought by
Leblanc Ft and Leblanc
Current Estimated Value
Purchase Details
Closed on
Nov 5, 1992
Sold by
Lynch Francis V Est
Bought by
4 Hanson Street Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,800
Interest Rate
7.99%
Mortgage Type
Purchase Money Mortgage
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Leblanc Ft | -- | -- | |
| 4 Hanson Street Trust | $42,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Baralt Alejandra L | $478,179 | |
| Closed | Zolotas Nicholas M | $381,961 | |
| Closed | Zolotas Nicholas | $386,650 | |
| Previous Owner | 4 Hanson Street Trust | $37,800 | |
| Previous Owner | 4 Hanson Street Trust | $97,889 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/21/2021 04/21/21 | Sold | $487,000 | +8.2% | $331 / Sq Ft |
| 03/11/2021 03/11/21 | Pending | -- | -- | -- |
| 03/01/2021 03/01/21 | For Sale | $449,900 | +12.5% | $306 / Sq Ft |
| 03/28/2019 03/28/19 | Sold | $400,000 | -1.2% | $272 / Sq Ft |
| 02/10/2019 02/10/19 | Pending | -- | -- | -- |
| 01/14/2019 01/14/19 | Price Changed | $405,000 | -3.5% | $275 / Sq Ft |
| 01/02/2019 01/02/19 | Price Changed | $419,900 | -1.2% | $285 / Sq Ft |
| 11/23/2018 11/23/18 | Price Changed | $425,000 | +2.4% | $289 / Sq Ft |
| 11/12/2018 11/12/18 | For Sale | $414,900 | -- | $282 / 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 | $5,949 | $524,600 | $187,100 | $337,500 |
| 2024 | $5,712 | $491,600 | $177,800 | $313,800 |
| 2023 | $5,543 | $443,100 | $164,100 | $279,000 |
| 2022 | $6,033 | $455,300 | $158,700 | $296,600 |
| 2021 | $5,223 | $378,500 | $147,700 | $230,800 |
| 2020 | $5,125 | $354,700 | $139,500 | $215,200 |
| 2019 | $5,084 | $336,700 | $132,400 | $204,300 |
| 2018 | $4,743 | $308,400 | $125,800 | $182,600 |
| 2017 | $4,407 | $277,900 | $106,100 | $171,800 |
| 2016 | $4,278 | $273,000 | $101,200 | $171,800 |
| 2015 | $4,147 | $252,700 | $93,000 | $159,700 |
Source: Public Records
Agents Affiliated with this Home
-
Peter Lutts
-
Marline Calderon
M
Buyer's Agent in 2021
Marline Calderon
Cameron Real Estate Group
1 in this area
23 Total Sales
-
Herrick Lutts Realty Partners
H
Seller's Agent in 2019
Herrick Lutts Realty Partners
Herrick Lutts Realty Partners
1 in this area
235 Total Sales
-
Nick Zolotas
Seller Co-Listing Agent in 2019
Nick Zolotas
Herrick Lutts Realty Partners
(978) 969-3427
38 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72791229
APN: SALE-000015-000000-000216
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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