NOT LISTED FOR SALE

4 Mason St Salem, MA 01970

North Salem Neighborhood

Estimated Value: $590,000 - $726,000

4 Beds
2 Baths
1,902 Sq Ft
$357/Sq Ft Est. Value

Last Sold October 09, 2020

Last sale price $470,000 $247 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $4,112/month

11 Days on Market

About This Home

As of October 2020

Prime Salem location in close proximity to the train. Bring your ideas to freshen up this 2-family home with parking. The roof was recently done. Each unit has an eat-in kitchen and separate heating systems and hot water heaters. There is one electric meter. Great layout and location (.2 miles to the to the T and Furlong Park). The fireplaces are decorative. Showings are Tuesday, August 4 from 2-4pm and Thursday, August 6 from 2-4pm. Appointments are preferred. Offers are due by 5pm on Friday, August 7, 2020. All offers will be responded to by Saturday, August 8, 2020 at 5pm.

Last Agent to Sell the Property

Jack Brown

RE/MAX Beacon Listed on: 08/03/2020

RE/MAX Beacon

Last Buyer's Agent

Miloud Hraiba

COM-PRO Real Estate Services, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,922

Year Built

  • Built in 1870

Lot Details

  • 3,920

Utilities

  • Natural Gas Water Heater

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:26 L:0342

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,922

Year Built

Built in 1870

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 1.00
  • Sub-Agency Relationship Offered: Yes
  • Year Built Description: Actual
  • List Price Per Sq Ft: 223.45
  • Comp Based On: Net Sale Price
  • Year Built: 1870
  • Lead Paint: Unknown
  • Levels: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1870

Interior Features

  • Fireplaces: 4
  • Total Flrs: 3
  • Total Frplcs: 4
  • No Bedrooms: 4
  • Total Brs: 4
  • Full Bathrooms: 2
  • Total Fbh: 2
  • No Rooms: 8
  • Basement: Y
  • Basement Features: Full
  • Main Lo: AN4471
  • Main So: AN2595
  • Estimated Sq Ft: 1902.00

Exterior Features

  • Beachfront Flag: Yes
  • Beach Miles To: 1/2 to 1 Mile
  • Exterior: Vinyl
  • Foundation: Fieldstone

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 3

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Heat Zones: 2
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Conservation Area, House of Worship, Private School, Public School, T-Station, University

Lot Info

  • Assessments: 370000.00
  • Acre: 0.09
  • Lot Size: 3999.00
  • Page: 124
  • Parcel Number: M:26 L:0342
  • Zoning: B1
  • Lot Description: Paved Drive, Level

Multi Family

  • Heat Units: 2
  • Total Levels: 2
  • Total Rent: 2400
  • Total Rms: 8
  • No Units: 2
  • Mf Type: 2 Family - 2 Units Up/Down

Tax Info

  • Taxes: 5347.00
  • Assessor Parcel Number: 2132473

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2020
Closed on
Oct 5, 2020
Sold by
4 Mason Street T
Bought by
Asri Adil
Seller's Agent
Jack Brown
RE/MAX Beacon
Buyer's Agent
Miloud Hraiba
COM-PRO Real Estate Services, Inc
List Price
$425,000
Sold Price
$470,000
Premium/Discount to List
$45,000
10.59%
Current Estimated Value
$679,776

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$209,776
Avg. Annual Appreciation
7.68%
Original Mortgage
$455,900
Outstanding Balance
$405,499
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$274,277
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
Asri Adil $470,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Asri Adil $455,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/09/2020 10/09/20 Sold $470,000 +10.6% $247 / Sq Ft
08/14/2020 08/14/20 Pending -- -- --
08/03/2020 08/03/20 For Sale $425,000 -- $223 / 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 $5,922 $522,200 $149,200 $373,000
2024 $5,741 $494,100 $149,200 $344,900
2023 $5,477 $437,800 $131,600 $306,200
2022 $5,598 $422,500 $122,900 $299,600
2021 $5,296 $383,800 $114,700 $269,100
2020 $5,347 $370,000 $118,800 $251,200
2019 $4,542 $300,800 $108,200 $192,600
2018 $4,056 $263,700 $93,600 $170,100
2017 $3,706 $233,700 $74,900 $158,800
2016 $3,662 $233,700 $74,900 $158,800
2015 $3,476 $211,800 $64,300 $147,500
Source: Public Records

Agents Affiliated with this Home

  • Jack Brown

    Seller's Agent in 2020

    Jack Brown

    RE/MAX

    (508) 284-5098

    6 in this area

    158 Total Sales

    Jack Brown
    Section Image

  • M

    Buyer's Agent in 2020

    Miloud Hraiba

    COM-PRO Real Estate Services, Inc

    (617) 851-2637

    1 in this area

    4 Total Sales

    Miloud Hraiba
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72703034

MLS Property Information Network (MLS PIN)

APN: SALE-000026-000000-000342

Massachusetts Essex County Salem 01970 North Salem

4 Mason St, Salem, MA

This home is located at 4 Mason St, Salem, MA 01970 since 03 August 2020 and is currently estimated at $679,776, approximately $357 per square foot. This property was built in 1870. 4 Mason St is a home located in Essex County with nearby schools including Bates Elementary School, Saltonstall School, and Carlton Elementary School.

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MLS Property Information Network (MLS PIN) 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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