NOT LISTED FOR SALE

40 Pingree St Salem, MA 01970

The Point Neighborhood

Estimated Value: $609,676 - $945,000

6 Beds
2 Baths
2,568 Sq Ft
$300/Sq Ft Est. Value

Last Sold January 31, 2018

Last sale price $305,000 $119 Per Sq Ft

Est. 153% increase in value since last sale

Current estimated payment $4,801/month

32 Days on Market

About This Home

As of January 2018

A great property for investor or owner occupied. All separate utilities, fenced yard, two back porches. This is a short sale attempt, property to be sold 'as is' 'as seen' 'where is', seller/broker make no warranties or representations. Buyer responsible for any and all inspections necessary to complete sale, this includes Title V if applicable and smoke certifications. Subject to third party approval, subject to Buyer paid $5,000 fee for short sale negotiation.

Last Listed By

James Pham

RE/MAX Partners Listed on: 08/14/2017

RE/MAX Partners

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,297

Year Built

1915

Lot Details

0

Listing Details

  • Lot Description: Paved Drive
  • Property Type: Multi-family
  • Other Agent: 1.00
  • Lead Paint: Unknown
  • Year Built Description: Approximate
  • Special Features: 12
  • Property Sub Type: MultiFamily
  • Year Built: 1915

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 12
  • Amenities: Public Transportation, Shopping
  • Basement: Full
  • Full Bathrooms: 2
  • Total Levels: 2
  • Main Lo: G62134
  • Main So: G62134
  • Estimated Sq Ft: 2568.00

Exterior Features

  • Exterior: Vinyl
  • Exterior Features: Porch
  • Foundation: Concrete Block

Garage/Parking

  • Parking: Off-Street
  • Parking Spaces: 2

Utilities

  • Hot Water: Natural Gas
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 2

Lot Info

  • Zoning: R3
  • Acre: 0.09
  • Lot Size: 3995.00

Multi Family

  • Total Bedrooms: 6
  • Total Floors: 3
  • Total Full Baths: 2
  • Total Levels: 2
  • Total Rms: 12
  • Multi Family Type: 2 Family - 2 Units Up/Down

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 25, 2018
Sold by
Gault William
Bought by
Wdg Property Holdings
Total Days on Market
32
Current Estimated Value
$771,169

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Outstanding Balance
$291,291
Interest Rate
4.5%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$396,683

Purchase Details

Listed on
Aug 14, 2017
Closed on
Jan 31, 2018
Sold by
Villar Manuel
Bought by
Gault William
Seller's Agent
James Pham
RE/MAX Partners
Buyer's Agent
James Pham
RE/MAX Partners
List Price
$345,000
Sold Price
$305,000
Premium/Discount to List
-$40,000
-11.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.84%

Purchase Details

Closed on
Jul 21, 2000
Sold by
Rodriguez Eridania M
Bought by
Martinez Edwin

Purchase Details

Closed on
Oct 15, 1993
Sold by
Polski R T
Bought by
Rodriguez Eridania

Range of Values:

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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
Wdg Property Holdings -- --
Gault William $305,000 --
Martinez Edwin $200,000 --
Rodriguez Eridania $82,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wdg Property Holdings $330,000
Previous Owner Rodriguez Eridania $30,000
Previous Owner Rodriguez Eridania $270,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2018 01/31/18 Sold $305,000 -4.4% $119 / Sq Ft
09/15/2017 09/15/17 Pending -- -- --
09/06/2017 09/06/17 Price Changed $319,000 -7.5% $124 / Sq Ft
08/28/2017 08/28/17 For Sale $345,000 0.0% $134 / Sq Ft
08/24/2017 08/24/17 Pending -- -- --
08/14/2017 08/14/17 For Sale $345,000 -- $134 / 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 $6,297 $555,300 $149,200 $406,100
2024 $6,095 $524,500 $149,200 $375,300
2023 $5,808 $464,300 $131,600 $332,700
2022 $5,921 $446,900 $122,800 $324,100
2021 $5,607 $406,300 $114,600 $291,700
2020 $5,159 $357,000 $84,500 $272,500
2019 $5,019 $332,400 $74,600 $257,800
2018 $4,663 $303,200 $74,600 $228,600
2017 $4,400 $277,400 $63,600 $213,800
2016 $4,347 $277,400 $63,600 $213,800
2015 $3,671 $223,700 $54,700 $169,000
Source: Public Records

Agents Affiliated with this Home

  • James Pham

    Seller's Agent in 2018

    James Pham

    The Carroll Team

    43 Total Sales

    James Pham
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72213731

MLS Property Information Network (MLS PIN)

APN: SALE-000034-000000-000175

Massachusetts Essex County Salem 01970 The Point

40 Pingree St, Salem, MA

Homes for Sale in Salem, MA

This home is located at 40 Pingree St, Salem, MA 01970 since 14 August 2017 and is currently estimated at $771,169, approximately $300 per square foot. This property was built in 1915. 40 Pingree St is a home located in Essex County with nearby schools including Saltonstall School, Carlton Elementary School, and Bates Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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