NOT LISTED FOR SALE

40 Dow St Salem, MA 01970

The Point Neighborhood

Estimated Value: $644,000 - $783,000

10 Beds
3 Baths
2,846 Sq Ft
$257/Sq Ft Est. Value

Last Sold April 26, 2016

Last sale price $303,000 $106 Per Sq Ft

Est. 142% increase in value since last sale

Current estimated payment $4,429/month

3 Days on Market

About This Home

As of April 2016

HUGE Owner occupied 2 family. Perfect for extended families or investors!!! First floor unit is 5/2/1 with foyer, laundry hook -up basement. Second unit is two levels has foyer, dining room , kitchen. living room and family room plus 2 bedrooms. Third floor has 4 bedrooms and full laundry room and separate bathroom. Plenty of storage space and full basement. Back porches both units. C./A 2nd and 3rd floor!!! New roof 8/2015, new gutters just completed and heating system 1 year old. Call Debbie ..see showing instructions.

Last Agent to Sell the Property

Cookie Melanson

Century 21 North East Listed on: 02/29/2016

Century 21 North East

Last Buyer's Agent

David Pollack

Redfin Corp.

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,069

Year Built

1915

Lot Details

0

Listing Details

  • Lot Description: City View(s)
  • Property Type: Multi-family
  • Lead Paint: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1915

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 16
  • Amenities: Public Transportation, Shopping, Park, Medical Facility, House of Worship, University
  • Electric: Circuit Breakers
  • Flooring: Wood, Tile, Vinyl
  • Basement: Full
  • Total Levels: 3

Exterior Features

  • Roof: Slate
  • Exterior: Clapboard
  • Exterior Features: Porch
  • Foundation: Fieldstone, Brick
  • Beach: Ocean

Garage/Parking

  • Parking Spaces: 1

Utilities

  • Cooling Zones: 1
  • Heat Zones: 2
  • Hot Water: Natural Gas
  • Utility Connections: for Electric Range, for Electric Oven
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 2

Lot Info

  • Assessor Parcel Number: M:34 L:0220
  • Zoning: R3

Multi Family

  • Cooling Units: 1
  • Foundation: 25X35
  • Heat Units: 2
  • Total Bedrooms: 10
  • Total Floors: 3
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Total Levels: 2
  • Total Rms: 16
  • Total Rent_1: 950

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 6, 2016
Sold by
Arp Realty Llc
Bought by
Pair Capital Llc
Current Estimated Value
$732,228

Purchase Details

Listed on
Feb 29, 2016
Closed on
Apr 26, 2016
Sold by
Santana Wanda
Bought by
Arp Realty Llc
Seller's Agent
Cookie Melanson
Century 21 North East
Buyer's Agent
David Pollack
Redfin Corp.
List Price
$315,000
Sold Price
$303,000
Premium/Discount to List
-$12,000
-3.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.62%

Purchase Details

Listed on
Oct 30, 2012
Closed on
Jan 31, 2013
Sold by
810 Walnut Street Llc
Bought by
Santana Wanda
Seller's Agent
Julio Castillo
Weichert Realtors' Daher Companies
Buyer's Agent
Cookie Melanson
Century 21 North East
List Price
$229,000
Sold Price
$229,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.03%
Original Mortgage
$224,852
Interest Rate
3.41%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 6, 2002
Sold by
Calderon Carmen
Bought by
Trindade Rodrigo F and Trindade Maria V

Purchase Details

Closed on
Nov 19, 1993
Sold by
Medeiros John R
Bought by
Calderon Carmen
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Pair Capital Llc -- --
Arp Realty Llc $303,000 --
Santana Wanda $229,000 --
Trindade Rodrigo F $288,500 --
Calderon Carmen $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Calderon Carmen $224,852
Previous Owner Calderon Carmen $320,000
Previous Owner Calderon Carmen $315,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/26/2016 04/26/16 Sold $303,000 -3.8% $106 / Sq Ft
03/03/2016 03/03/16 Pending -- -- --
02/29/2016 02/29/16 For Sale $315,000 +37.6% $111 / Sq Ft
01/30/2013 01/30/13 Sold $229,000 0.0% $80 / Sq Ft View Prior Sale
12/31/2012 12/31/12 Pending -- -- --
10/30/2012 10/30/12 For Sale $229,000 +51.7% $80 / Sq Ft
08/24/2012 08/24/12 Sold $151,000 -28.1% $53 / Sq Ft View Prior Sale
07/25/2012 07/25/12 Pending -- -- --
05/30/2012 05/30/12 For Sale $209,900 -- $74 / 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 $7,069 $623,400 $141,300 $482,100
2024 $6,354 $546,800 $141,300 $405,500
2023 $6,054 $483,900 $124,600 $359,300
2022 $6,194 $467,500 $116,300 $351,200
2021 $5,848 $423,800 $108,600 $315,200
2020 $5,412 $374,500 $80,100 $294,400
2019 $5,264 $348,600 $70,600 $278,000
2018 $4,859 $315,900 $70,600 $245,300
2017 $4,588 $289,300 $60,300 $229,000
2016 $4,533 $289,300 $60,300 $229,000
2015 $3,817 $232,600 $51,800 $180,800
Source: Public Records

Agents Affiliated with this Home

  • Cookie Melanson

    Seller's Agent in 2016

    Cookie Melanson

    Century 21 North East

    (978) 375-4199

    25 Total Sales

    Cookie Melanson
    Section Image
  • Julio Castillo

    Seller's Agent in 2013

    Julio Castillo

    Weichert Realtors' Daher Companies

    (978) 764-7196

    15 Total Sales

    Julio Castillo
    Section Image
  • Colleen Toner

    Seller's Agent in 2012

    Colleen Toner

    Toner Real Estate, LLC

    (617) 438-7878

    1 in this area

    157 Total Sales

    Colleen Toner
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71964607

MLS Property Information Network (MLS PIN)

APN: SALE-000034-000000-000220

Massachusetts Essex County Salem 01970 The Point

40 Dow St, Salem, MA

Not Listed for Sale

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