NOT LISTED FOR SALE
8 Beds
4 Baths
3,600 Sq Ft
3,485 Sq Ft Lot

Sale Details

Date Sold: September 15, 2020

Last sale price $999,000 $278 Per Sq Ft

38 Days on Market

Highlights

  • Wood Flooring
  • Porch
  • 5-minute walk to High Street Park

About This Home

As of September 2020

Open House Wednesday night (June 10th) from 5-6 pm. Rarely available four unit building available and located right in downtown Salem. This property has been renovated and could be considered to be in condo ready shape! Each unit offers 2 bedrooms, updated kitchens and baths, central air conditioning and gleaming hardwood floors. Current annual income is $86,136. One unit was left vacant for an owner occupant however a new tenant is moving in Friday at $1950/month so full occupancy being delivered. Systems have been updated. Walk to many of the wonderful downtown Salem attractions, restaurants, Pickering Wharf and the MBTA commuter rail. Only the vacant unit and basement common area can be shown Wednesday.. Masks must be worn. Income and expenses are provided as an attachment.

Last Agent to Sell the Property

John

RCG Properties Listed on: 05/29/2020

Last Buyer's Agent

Joe Firicano

Boston Hub Real Estate

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1915

Lot Details

  • 3,485

Additional Features

  • Wood Flooring
  • Porch
  • Natural Gas Water Heater
  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:34 L:0297

Property Details

Home Type

Multi-Family

Year Built

Built in 1915

Lot Details

3,485 Sq Ft Lot

Listing Details

  • Property Type: Multi-family
  • Other Agent: 2.00
  • Insc: 1475
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 277.50
  • Comp Based On: Net Sale Price
  • Year Built: 1915
  • Lead Paint: Unknown
  • Levels: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 4
  • Year Built: 1915

Interior Features

  • Flooring: Wood
  • Total Flrs: 6
  • No Bedrooms: 8
  • Total Brs: 8
  • Full Bathrooms: 4
  • Total Fbh: 4
  • No Rooms: 16
  • Basement: Y
  • Basement Features: Full, Walk Out, Interior Access
  • Main Lo: NB2011
  • Main So: NB2825
  • Estimated Sq Ft: 3600.00

Exterior Features

  • Construction: Frame
  • Roof Material: Rubber
  • Exterior: Wood
  • Exterior Features: Porch
  • Foundation: Fieldstone

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric: 427
  • Electric Features: 100 Amps
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf Course, Medical Facility, Laundromat, Bike Path, Highway Access, Marina, Public School, T-Station, University

Lot Info

  • Assessments: 737200.00
  • Acre: 0.08
  • Lot Size: 3600.00
  • Page: 495
  • Parcel Number: M:34 L:0297
  • Zoning: R3
  • Lot Description: Level

Green Features

  • Energy Features: Insulated Windows

Multi Family

  • APOD Available: Yes
  • Total Levels: 4
  • Total Rent: 7400
  • Total Rms: 20
  • No Units: 4
  • Mf Type: 4 Family - 4 Units Side by Side

Tax Info

  • Taxes: 10653.00
  • Assessor Parcel Number: 2135762

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 29, 2020
Closed on
Sep 9, 2020
Sold by
Bought by
Seller's Agent
John
RCG Properties
Buyer's Agent
Joe Firicano
Boston Hub Real Estate
List Price
$999,000
Sold Price
$999,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$799,200
Outstanding Balance
$694,583
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Feb 15, 2016
Closed on
May 23, 2016
Sold by
Bought by
Seller's Agent
Sean Page
Signature Page Real Estate, LLC
Buyer's Agent
Sean Page
Signature Page Real Estate, LLC
List Price
$649,900
Sold Price
$680,000
Premium/Discount to List
$30,100
4.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.36%
Original Mortgage
$2,283,000
Interest Rate
3.66%
Mortgage Type
Commercial

Purchase Details

Closed on
May 26, 2009
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
4.93%

Purchase Details

Closed on
Apr 10, 2009
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
4.93%

Purchase Details

Closed on
Dec 5, 2008
Sold by
Bought by

Purchase Details

Closed on
Sep 23, 2008
Sold by
Bought by

Purchase Details

Closed on
Aug 18, 2008
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.17%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 8, 2008
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.17%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 9, 2008
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.17%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 6, 2008
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.17%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 24, 2007
Sold by
Bought by

Purchase Details

Closed on
May 30, 2007
Sold by
Bought by

Purchase Details

Closed on
Jun 22, 1999
Sold by
Bought by

Purchase Details

Closed on
Dec 31, 1996
Sold by
Bought by

Purchase Details

Closed on
Mar 4, 1996
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$999,000 None Available
$680,000 --
-- --
-- --
-- --
-- --
-- --
$45,000 --
-- --
$55,000 --
-- --
$44,900 --
$52,000 --
$75,000 --
$28,000 --
$197,346 --
$177,650 --
$207,000 --
$128,780 --
$95,000 --
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 $799,200
Previous Owner $3,100,000
Previous Owner $2,283,000
Previous Owner $408,000
Previous Owner $240,000
Previous Owner $60,000
Previous Owner $516,600
Previous Owner $340,000
Previous Owner $263,500
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 Prior Sale
09/15/2020 09/15/20 Sold $999,000 0.0% $278 / Sq Ft
07/06/2020 07/06/20 Pending -- -- --
06/08/2020 06/08/20 For Sale $999,000 0.0% $278 / Sq Ft
06/03/2020 06/03/20 Pending -- -- --
05/29/2020 05/29/20 For Sale $999,000 +46.9% $278 / Sq Ft
05/31/2016 05/31/16 Sold $680,000 +4.6% $189 / Sq Ft View Prior Sale
02/28/2016 02/28/16 Pending -- -- --
02/15/2016 02/15/16 For Sale $649,900 -- $181 / 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 $14,088 $1,242,300 $164,600 $1,077,700
2024 $12,395 $1,066,700 $156,000 $910,700
2023 $12,302 $983,400 $144,400 $839,000
2022 $11,747 $886,600 $135,700 $750,900
2021 $11,600 $840,600 $135,700 $704,900
2020 $10,653 $737,200 $117,300 $619,900
2019 $10,137 $671,300 $111,500 $559,800
2018 $9,077 $590,200 $106,300 $483,900
2017 $8,322 $524,700 $86,600 $438,100
2016 $7,255 $463,000 $82,000 $381,000
2015 $7,035 $428,700 $73,900 $354,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72664105

MLS Property Information Network (MLS PIN)

APN: SALE M:34 L:0297 S:804

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