NOT LISTED FOR SALE

Estimated Value: $681,787 - $760,000

4 Beds
2 Baths
1,736 Sq Ft
$418/Sq Ft Est. Value

Last Sold May 09, 2023

Last sale price $645,000 $372 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $4,555/month

26 Days on Market

Highlights

  • Golf Course Community
  • Property is near public transit
  • Park
  • Medical Services
  • Jogging Path
  • Shops

About This Home

As of May 2023

Great two-family located close to downtown Salem but also on a secluded dead end street. APT 1 has a flexible floor plan. 4 total rooms with direct access to the basement. APT 2 features 2 bedrooms and 1 bathroom and a large deck. There is a spacious backyard with Garage Bays in Rear! Driveway includes two dedicated spots. This is a great opportunity for the owner occupant. Live in one apartment and rent out the other apartment to help subsidize the mortgage. Steps from museums, restaurants, shopping, train, bus terminal & downtown!

Last Agent to Sell the Property

Tyler Scaglione

Cameron Prestige, LLC Listed on: 02/01/2023

Cameron Prestige, LLC

Last Buyer's Agent

Peggy Pratt

Century 21 North East

Century 21 North East

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,314

Year Built

  • Built in 1960

Lot Details

  • 7,148 Sq Ft Lot
  • Property fronts an easement
  • Fenced

Parking

  • 2 Car Garage
  • Driveway
  • Open Parking

Home Design

  • Concrete Perimeter Foundation

Interior Spaces

  • 1,736 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Location

  • Property is near public transit
  • Property is near schools

Listing and Financial Details

  • Assessor Parcel Number M:15 L:0196,2128623

Community Details

Overview

  • 2 Units

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Golf Course Community
  • Park
  • Jogging Path
  • Bike Trail

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,314

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1960
  • Buyer Agency: 2
  • Transaction Broker: 1
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full, Walk-Out Access, Unfinished
  • Living Area: 1736
  • Stories Total: 3
  • MAIN LO: AN4281
  • LIST PRICE PER Sq Ft: 359.97
  • PRICE PER Sq Ft: 371.54
  • MAIN SO: AN4339

Exterior Features

  • Fencing: Fenced/Enclosed
  • Foundation Details: Concrete Perimeter
  • Waterfront Features: Beach Front
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, University

Lot Info

  • Parcel Number: M:15 L:0196,2128623
  • Zoning: R1
  • Farm Land Area Units: Square Feet
  • Lot Features: Easements
  • Lot Size Acres: 0.16
  • Lot Size Area: 0.16
  • Lot Size Sq Ft: 7148
  • Lot Size Units: Acres
  • PAGE: 286
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 6314
  • Tax Book Number: 61635

Multi Family

  • Number Of Units Total: 2
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2023
Closed on
May 8, 2023
Sold by
Fleming Irene R Est
Bought by
Reyes-Alcantara Fernando and Cambero Mayelin R
Seller's Agent
Tyler Scaglione
Cameron Prestige, LLC
Buyer's Agent
Peggy Pratt
Century 21 North East
List Price
$624,900
Sold Price
$645,000
Premium/Discount to List
$20,100
3.22%
Views
391
Current Estimated Value
$726,197

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,197
Avg. Annual Appreciation
5.36%
Original Mortgage
$633,317
Interest Rate
6.27%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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
Reyes-Alcantara Fernando $645,000 None Available
Cambero Mayelin R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cantara Franando $664,024
Closed Cambero Mayelin R $633,317
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2023 05/09/23 Sold $645,000 +3.2% $372 / Sq Ft
02/28/2023 02/28/23 Pending -- -- --
02/01/2023 02/01/23 For Sale $624,900 -- $360 / 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 $6,943 $612,300 $216,200 $396,100
2024 $6,508 $560,100 $205,500 $354,600
2023 $6,314 $504,700 $189,700 $315,000
2022 $6,466 $488,000 $183,300 $304,700
2021 $6,155 $446,000 $170,700 $275,300
2020 $6,046 $418,400 $161,200 $257,200
2019 $5,992 $396,800 $153,000 $243,800
2018 $5,575 $362,500 $145,400 $217,100
2017 $5,175 $326,300 $122,600 $203,700
2016 $5,025 $320,700 $117,000 $203,700
2015 $4,875 $297,100 $107,500 $189,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73075376

MLS Property Information Network (MLS PIN)

APN: SALE-000015-000000-000196