Eric Erickson
Reimagined Real Estate Advisors
(978) 690-4349
11 Total Sales
1 in The Point
$439,900 Price
4 Harrison Ave Salem, MA 01970
The Point NeighborhoodEstimated Value: $738,000 - $944,000
6
Beds
3
Baths
3,232
Sq Ft
$258/Sq Ft
Est. Value
Highlights
- Wood Flooring
- 2 Car Garage
- 2-minute walk to Mary Jane Lee Park
- Porch
About This Home
As of July 2022This could be your new add value investment opportunity in Salem! This large 3 family consists of 3-two bedroom units with the potential to be converted to 3 beds. One high efficiency heating system for the entire building. Owner pays utilities but electric could be separate. Off street parking for at least 4 cars with a 2 car detached garage. Please see attached paperclip for detailed income and expenses. Please allow at least 24 hours notice for showings.
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,414
Year Built
- Built in 1915
Lot Details
- 5,179
Parking
- 2 Car Garage
- Driveway
- Open Parking
- Off-Street Parking
Home Design
- Slate Roof
- Marble or Granite Building Materials
Interior Spaces
- 3,232 Sq Ft Home
- Wood Flooring
- Unfinished Basement
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Full Bathrooms
Utilities
- 60 Amp Service
- Gas Water Heater
Additional Features
- Porch
- 5,179 Sq Ft Lot
Listing and Financial Details
- Total Actual Rent $4,850
- Rent includes unit 1(heat hot water), unit 2(heat electric hot water), unit 3(heat electric hot water)
- Assessor Parcel Number 2135540
Community Details
Overview
- 3 Units
- Property has 1 Level
Building Details
- Electric Expense $2,760
- Insurance Expense $3,700
- Water Sewer Expense $350
- Operating Expense $18,660
- Net Operating Income $33,980
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 3, 2022
Closed on
Jul 8, 2022
Sold by
Bought by
Seller's Agent
Francesca Little
Little & Co., REALTORS®
Buyer's Agent
Tyler Scaglione
Cameron Prestige, LLC
List Price
$750,000
Sold Price
$695,000
Premium/Discount to List
-$55,000
-7.33%
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
$137,249
Avg. Annual Appreciation
4.47%
Original Mortgage
$521,250
Outstanding Balance
$491,357
Interest Rate
5.63%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$340,892
Purchase Details
Closed on
Aug 25, 2017
Sold by
Bought by
Purchase Details
Closed on
Jan 1, 1978
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in The Point, MA
-
Eric Erickson
-
Johnny Long
Johnny Long
PRIVI Realty LLC
(857) 353-8035
169 Total Sales
1 in The Point
$1,000,000 Price
-
Tyson Lynch
Tyson Lynch
Responds QuicklyThe Proper Nest Real Estate
(351) 666-4531
53 Total Sales
3 in The Point
$241K - $455K Price Range
-
Paula Sughrue
Paula Sughrue
Responds QuicklyBetter Homes and Gardens Real Estate - The Shanahan Group
(339) 338-6001
73 Total Sales
1 in The Point
$515,000 Price
-
Wendy Webber
WW
Wendy Webber
Responds QuicklyColdwell Banker Realty - Marblehead
(351) 999-8407
32 Total Sales
1 in The Point
$920,000 Price
-
Cristina Coppola
Cristina Coppola
Responds QuicklyLamacchia Realty, Inc.
(351) 208-2654
134 Total Sales
2 in The Point
$290K - $305K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $695,000 | None Available | ||
| -- | -- | ||
| $39,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $521,250 | ||
| Previous Owner | $281,900 | ||
| Previous Owner | $275,000 | ||
| Previous Owner | $261,500 | ||
| Previous Owner | $258,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/08/2022 07/08/22 | Sold | $695,000 | -4.1% | $215 / Sq Ft |
| 05/25/2022 05/25/22 | Pending | -- | -- | -- |
| 05/18/2022 05/18/22 | Price Changed | $725,000 | -3.3% | $224 / Sq Ft |
| 05/03/2022 05/03/22 | For Sale | $750,000 | -- | $232 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $7,217 | $636,400 | $153,700 | $482,700 |
| 2024 | $6,748 | $580,700 | $153,700 | $427,000 |
| 2023 | $6,384 | $510,300 | $135,600 | $374,700 |
| 2022 | $6,414 | $484,100 | $126,600 | $357,500 |
| 2021 | $6,152 | $445,800 | $118,100 | $327,700 |
| 2020 | $5,601 | $387,600 | $87,100 | $300,500 |
| 2019 | $5,466 | $362,000 | $76,800 | $285,200 |
| 2018 | $5,098 | $331,500 | $76,800 | $254,700 |
| 2017 | $4,837 | $305,000 | $65,600 | $239,400 |
| 2016 | $4,779 | $305,000 | $65,600 | $239,400 |
| 2015 | $4,061 | $247,500 | $56,400 | $191,100 |
Source: Public Records
Agents Affiliated with this Home
-
Francesca Little
Seller's Agent in 2022
Francesca Little
Little & Co., REALTORS®
(978) 745-4447
11 in this area
33 Total Sales
-
Tyler Scaglione
Buyer's Agent in 2022
Tyler Scaglione
Cameron Prestige, LLC
(781) 412-1980
2 in this area
517 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72975289
APN: SALE-000034-000000-000124
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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