Seller's Agent in 2016
Sarah MacBurnie Liporto
Ocean's Edge Real Estate
(978) 337-9955
2 in this area
76 Total Sales
40 Fairmount St Salem, MA 01970
North Salem NeighborhoodEstimated Value: $623,000 - $774,000
4
Beds
2
Baths
2,394
Sq Ft
$293/Sq Ft
Est. Value
About This Home
As of March 2016Back on market and ready for immediate move in ! Don't delay. This is the one you have been waiting for. This spacious North Salem / Kernwood Country Club area home is very generous in space and amenities. All that is left to do are your personal touches and design finishes. HUGE kitchen with dining area and oversized island looks onto the screen porch perfect for outdoor dining and entertaining. Open concept first floor offers spacious family room with double sided fireplace. Four good sized bedrooms and laundry on the 2nd floor. Full baths on each level. Solar panels keep energy costs LOW ! 8 year old roof. 12 year old boiler. 3 year old split air AC unit. Gas cooking. One of the last homes on this dead end street. An exceptional location for living and accessing both downtown Salem/ commuter rail as well as heading out of town and connecting into commuter routes. You do not want to miss this opportunity for over 2,000 SF that has been well cared for and improved year after year.
Last Agent to Sell the Property
Ocean's Edge Real Estate Listed on: 09/28/2015
Home Details
Home Type
Single Family
Est. Annual Taxes
$6,490
Year Built
1956
Lot Details
0
Listing Details
- Lot Description: Paved Drive
- Property Type: Single Family
- Other Agent: 2.25
- Lead Paint: Unknown
- Special Features: None
- Property Sub Type: Detached
- Year Built: 1956
Interior Features
- Appliances: Wall Oven, Dishwasher, Microwave, Countertop Range, Refrigerator, Washer, Dryer
- Fireplaces: 1
- Has Basement: Yes
- Fireplaces: 1
- Number of Rooms: 7
- Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf Course, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University
- Electric: Circuit Breakers, 200 Amps
- Energy: Insulated Windows, Solar Features
- Flooring: Tile, Vinyl, Wall to Wall Carpet
- Basement: Full, Partially Finished, Walk Out
- Bedroom 2: Second Floor
- Bedroom 3: Second Floor
- Bedroom 4: Second Floor
- Bathroom #1: First Floor
- Bathroom #2: Second Floor
- Kitchen: First Floor
- Laundry Room: Second Floor
- Living Room: First Floor
- Master Bedroom: Second Floor
- Master Bedroom Description: Closet - Cedar, Closet, Flooring - Wall to Wall Carpet
- Dining Room: First Floor
Exterior Features
- Roof: Asphalt/Fiberglass Shingles
- Construction: Frame
- Exterior: Wood
- Exterior Features: Porch - Screened, Deck
- Foundation: Poured Concrete
Garage/Parking
- Parking: Off-Street
- Parking Spaces: 23
Utilities
- Cooling: Wall AC, 2 Units
- Heating: Hot Water Baseboard, Oil, Active Solar
- Hot Water: Natural Gas, Tank
- Utility Connections: for Gas Range
- Sewer: City/Town Sewer
- Water: City/Town Water
Lot Info
- Assessor Parcel Number: M:27 L:0160
- Zoning: R2
Multi Family
- Foundation: 42x25
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 28, 2015
Closed on
Mar 25, 2016
Sold by
Dowd John E
Bought by
Macarthur Brian K
Seller's Agent
Sarah MacBurnie Liporto
Ocean's Edge Real Estate
Buyer's Agent
Ryan Guilmartin
MerryFox Realty
List Price
$339,000
Sold Price
$315,000
Premium/Discount to List
-$24,000
-7.08%
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
$387,246
Avg. Annual Appreciation
8.31%
Original Mortgage
$189,000
Outstanding Balance
$120,610
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$545,417
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Macarthur Brian K | $315,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Macarthur Brian K | $189,000 | |
| Previous Owner | Dowd John E | $15,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/25/2016 03/25/16 | Sold | $315,000 | -4.3% | $132 / Sq Ft |
| 02/04/2016 02/04/16 | Pending | -- | -- | -- |
| 01/28/2016 01/28/16 | Price Changed | $329,000 | -0.3% | $137 / Sq Ft |
| 01/14/2016 01/14/16 | Price Changed | $329,900 | -2.7% | $138 / Sq Ft |
| 01/13/2016 01/13/16 | For Sale | $339,000 | 0.0% | $142 / Sq Ft |
| 01/04/2016 01/04/16 | Pending | -- | -- | -- |
| 12/18/2015 12/18/15 | Price Changed | $339,000 | -3.1% | $142 / Sq Ft |
| 11/24/2015 11/24/15 | For Sale | $349,900 | 0.0% | $146 / Sq Ft |
| 10/07/2015 10/07/15 | Pending | -- | -- | -- |
| 09/28/2015 09/28/15 | For Sale | $349,900 | -- | $146 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $6,490 | $572,300 | $206,900 | $365,400 |
| 2024 | $6,279 | $540,400 | $196,600 | $343,800 |
| 2023 | $6,040 | $482,800 | $181,500 | $301,300 |
| 2022 | $5,927 | $447,300 | $175,500 | $271,800 |
| 2021 | $5,846 | $423,600 | $163,400 | $260,200 |
| 2020 | $5,618 | $388,800 | $154,300 | $234,500 |
| 2019 | $5,598 | $370,700 | $146,400 | $224,300 |
| 2018 | $5,435 | $353,400 | $139,200 | $214,200 |
| 2017 | $5,074 | $319,900 | $117,400 | $202,500 |
| 2016 | $4,927 | $314,400 | $111,900 | $202,500 |
| 2015 | $4,828 | $294,200 | $102,900 | $191,300 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2016
Ryan Guilmartin
MerryFox Realty
(617) 852-0040
1 in this area
46 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 71911031
APN: SALE-000027-000000-000160
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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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