40 Orne St Salem, MA 01970
North Salem Neighborhood
4
Beds
3
Baths
2,431
Sq Ft
6,534
Sq Ft Lot
Highlights
- Wood Flooring
- Porch
- 5-minute walk to Patten Park
- Balcony
About This Home
As of January 2021Historic charm blends perfectly with modern amenities in this fantastically renovated home in highly desired North Salem neighborhood. Enter through large foyer to open concept dining and living room with custom molding, built-ins, fireplace and period charm. Tastefully designed kitchen with butlers pantry opens to fenced in back yard perfect for entertaining. Enjoy outdoor relaxation on your porch or private yard or retreat to your grand master bedroom suite with beautiful crown molding, brand new bathroom with custom shower and quartz counter. This home offers it all inside and out with 4 spacious bedrooms, brand new kitchen, 3 new bathrooms, updated plumbing and electrical, new windows, insulation, exterior painting, and ample closet space throughout. Large detached 2 car garage with overhead loft including water supply and separate electrical sub-panel. Walking distance to commuter rail, boat launch, museums, fine dining and downtown Salem. This is a home you don't want to miss.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,266
Year Built
- Built in 1920
Lot Details
- Year Round Access
- Property is zoned R2
Parking
- 2 Car Garage
Kitchen
- Range
- Dishwasher
- Disposal
Flooring
- Wood
- Tile
Outdoor Features
- Balcony
- Porch
Utilities
- Radiator
- Heating System Uses Gas
- Natural Gas Water Heater
Additional Features
- Basement
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 18, 2020
Closed on
Dec 26, 2020
Sold by
Gutermuth Matthew and Gutermuth Melinda
Bought by
Boatwright William A and Holden Elisabeth A
Seller's Agent
Donald Rankin
Conway - West Roxbury
Buyer's Agent
Luciano Leone Team
RE/MAX 360
List Price
$729,000
Sold Price
$770,000
Premium/Discount to List
$41,000
5.62%
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
$211,336
Avg. Annual Appreciation
5.82%
Original Mortgage
$577,500
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Listed on
Sep 6, 2019
Closed on
Oct 22, 2019
Sold by
New Direction Ira Inc
Bought by
Gutermuth Matthew D and Gutermuth Melinda C
Seller's Agent
Merry Fox Team
MerryFox Realty
Buyer's Agent
Donald Rankin
Conway - West Roxbury
List Price
$659,000
Sold Price
$664,000
Premium/Discount to List
$5,000
0.76%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.02%
Original Mortgage
$614,000
Interest Rate
3.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 31, 2018
Sold by
Brown Nathaniel
Bought by
New Direction Ira Inc
Purchase Details
Closed on
Jul 20, 2009
Sold by
Ddbw T
Bought by
Brown Nathaniel
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,675
Interest Rate
5.58%
Similar Homes in Salem, MA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Not Resolvable | $770,000 | None Available | |
| Not Resolvable | $664,000 | -- | |
| Foreclosure Deed | $338,000 | -- | |
| Deed | $348,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $581,000 | Stand Alone Refi Refinance Of Original Loan | |
| Closed | $577,500 | Purchase Money Mortgage | |
| Previous Owner | $612,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $614,000 | New Conventional | |
| Previous Owner | $7,675 | No Value Available | |
| Previous Owner | $10,000 | No Value Available | |
| Previous Owner | $362,790 | Purchase Money Mortgage | |
| Previous Owner | $20,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/06/2021 01/06/21 | Sold | $770,000 | +5.6% | $329 / Sq Ft |
| 11/23/2020 11/23/20 | Pending | -- | -- | -- |
| 11/18/2020 11/18/20 | For Sale | $729,000 | +9.8% | $311 / Sq Ft |
| 10/24/2019 10/24/19 | Sold | $664,000 | +0.8% | $273 / Sq Ft |
| 09/10/2019 09/10/19 | Pending | -- | -- | -- |
| 09/06/2019 09/06/19 | For Sale | $659,000 | -- | $271 / 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 | $9,266 | $817,100 | $207,700 | $609,400 |
| 2024 | $9,179 | $789,900 | $207,700 | $582,200 |
| 2023 | $8,742 | $698,800 | $189,100 | $509,700 |
| 2022 | $8,439 | $636,900 | $189,100 | $447,800 |
| 2021 | $8,690 | $629,700 | $189,100 | $440,600 |
| 2020 | $6,578 | $455,200 | $169,300 | $285,900 |
| 2019 | $6,356 | $420,900 | $169,300 | $251,600 |
| 2018 | $6,160 | $400,500 | $161,200 | $239,300 |
| 2017 | $5,932 | $374,000 | $148,800 | $225,200 |
| 2016 | $5,861 | $374,000 | $148,800 | $225,200 |
| 2015 | $5,932 | $361,500 | $148,800 | $212,700 |
Source: Public Records
Agents Affiliated with this Home
-
Donald Rankin
Seller's Agent in 2021
Donald Rankin
Conway - West Roxbury
(508) 560-3645
1 in this area
26 Total Sales
-
Luciano Leone Team
Buyer's Agent in 2021
Luciano Leone Team
RE/MAX 360
3 in this area
203 Total Sales
-
Merry Fox Team
M
Seller's Agent in 2019
Merry Fox Team
MerryFox Realty
8 in this area
269 Total Sales
-
Dan Fox
Seller Co-Listing Agent in 2019
Dan Fox
MerryFox Realty
(978) 740-0008
2 in this area
100 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72560479
APN: SALE-000027-000000-000378
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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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