Tyson Lynch
Responds Quickly
The Proper Nest Real Estate
(351) 666-4531
50 Total Sales
5 in South Salem
$475K - $850K Price Range
40 Raymond Ave Salem, MA 01970
South Salem NeighborhoodEstimated Value: $874,132
4
Beds
2
Baths
2,310
Sq Ft
$378/Sq Ft
Est. Value
Highlights
- Property is near public transit and schools
- Jogging Path
- Tandem Parking
- Wood Flooring
- Porch
- Park
About This Home
As of December 2022Located just behind Salem State University, this well maintained Two Family works well as both an investment property or owner occupied home. Each unit has a private entrance that provides the ultimate in privacy. Outside features 4+ tandem parking spaces, large landscaped yard as well as front and back porches. Tons of details including a beautiful wood staircase and wood flooring throughout. Tall ceilings and an abundance of windows make the units bright and airy. Great location, great property, great opportunity.
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,648
Year Built
- Built in 1920
Lot Details
- 6,098
Home Design
- Stone Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 2,310 Sq Ft Home
- Property has 1 Level
- Wood Flooring
- Basement Fills Entire Space Under The House
- Washer and Electric Dryer Hookup
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Parking
- 4 Car Parking Spaces
- Tandem Parking
- Driveway
- Open Parking
- Off-Street Parking
Utilities
- 2 Heating Zones
- Gas Water Heater
Additional Features
- Porch
- 6,098 Sq Ft Lot
- Property is near public transit and schools
Listing and Financial Details
- Total Actual Rent $4,400
- Assessor Parcel Number 3201570,2134242
Community Details
Recreation
- Park
- Jogging Path
Additional Features
- 2 Units
- Net Operating Income $52,800
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 25, 2024
Sold by
Aybar Mairenee
Bought by
Current Estimated Value
Purchase Details
Listed on
Oct 12, 2022
Closed on
Dec 29, 2022
Sold by
Chew & Spell Prop Llc
Bought by
Aybar Mairenee
Seller's Agent
Merry Fox Team
MerryFox Realty
Buyer's Agent
Eva Melanson
Century 21 North East
List Price
$749,000
Sold Price
$770,000
Premium/Discount to List
$21,000
2.8%
Views
67
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.44%
Original Mortgage
$744,301
Interest Rate
6.61%
Mortgage Type
FHA
Purchase Details
Closed on
Jul 12, 2021
Sold by
Chew John A and Spell Emily
Bought by
Chew & Spell Prop Llc
Purchase Details
Listed on
Nov 12, 2020
Closed on
Dec 29, 2020
Sold by
Callum Margaret M
Bought by
Chew John A and Spell Emily
Seller's Agent
Patty Knaggs
RE/MAX Beacon
Buyer's Agent
Merry Fox Team
MerryFox Realty
List Price
$580,000
Sold Price
$630,000
Premium/Discount to List
$50,000
8.62%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.95%
Original Mortgage
$472,500
Interest Rate
2.67%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 29, 2015
Sold by
Rossetti Andrew J and Callum Margaret M
Bought by
Callum Margaret M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,980
Interest Rate
3.76%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 4, 2007
Sold by
Rossetti Margaret M
Bought by
Rossetti Margaret M
Purchase Details
Closed on
Sep 12, 1997
Sold by
Zoll Barry Y
Bought by
Rossetti Margaret M
Purchase Details
Closed on
Jan 31, 1997
Sold by
Mendonca Patricia I
Bought by
Zoll Barry Y
Home Values in the Area
Average Home Value in this Area
Agents Specializing in South Salem, MA
-
Tyson Lynch
-
Michael Cannuscio
Michael Cannuscio
Responds QuicklyThe Agency Marblehead
(781) 722-7167
21 Total Sales
1 in South Salem
$530,000 Price
-
Jose Rojas
Jose Rojas
William Raveis R.E. & Home Services
(781) 404-3627
68 Total Sales
1 in South Salem
$910,000 Price
-
Paul Conti
Paul Conti
Paul Conti Real Estate
(339) 888-9353
114 Total Sales
1 in South Salem
$539,900 Price
-
Jennifer Schneider
Jennifer Schneider
Century 21 Elite Realty
(781) 549-9402
105 Total Sales
1 in South Salem
$500,000 Price
-
Donna Spector
Donna Spector
Responds QuicklyRealty ONE Group Suburban Lifestyle
(774) 772-5651
32 Total Sales
1 in South Salem
$587,500 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | None Available | ||
| Aybar Mairenee | $770,000 | None Available | |
| Chew & Spell Prop Llc | -- | None Available | |
| Chew John A | $630,000 | None Available | |
| Callum Margaret M | -- | -- | |
| Rossetti Margaret M | -- | -- | |
| Rossetti Margaret M | $170,000 | -- | |
| Zoll Barry Y | $159,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $744,301 | ||
| Previous Owner | Chew & Spell Prop Llc | $532,500 | |
| Previous Owner | Chew John A | $472,500 | |
| Previous Owner | Callum Margaret M | $195,980 | |
| Previous Owner | Rossetti Margaret M | $108,500 | |
| Previous Owner | Rossetti Margaret | $158,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/29/2022 12/29/22 | Sold | $770,000 | +2.8% | $333 / Sq Ft | |
| 10/14/2022 10/14/22 | Pending | -- | -- | -- | |
| 10/12/2022 10/12/22 | For Sale | $749,000 | +18.9% | $324 / Sq Ft | |
| 01/29/2021 01/29/21 | Sold | $630,000 | +8.6% | $273 / Sq Ft | View Prior Sale |
| 11/18/2020 11/18/20 | Pending | -- | -- | -- | |
| 11/12/2020 11/12/20 | For Sale | $580,000 | -- | $251 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $7,762 | $684,500 | $218,600 | $465,900 |
| 2024 | $7,404 | $637,200 | $206,300 | $430,900 |
| 2023 | $7,176 | $573,600 | $187,800 | $385,800 |
| 2022 | $6,648 | $501,700 | $172,400 | $329,300 |
| 2021 | $6,298 | $456,400 | $160,100 | $296,300 |
| 2020 | $6,268 | $433,800 | $157,000 | $276,800 |
| 2019 | $6,185 | $409,600 | $147,800 | $261,800 |
| 2018 | $5,683 | $369,500 | $137,900 | $231,600 |
| 2017 | $5,486 | $345,900 | $129,300 | $216,600 |
| 2016 | $5,420 | $345,900 | $129,300 | $216,600 |
| 2015 | -- | $345,000 | $113,900 | $231,100 |
Source: Public Records
Agents Affiliated with this Home
-
Merry Fox Team
MF
Seller's Agent in 2022
Merry Fox Team
MerryFox Realty
19 in this area
255 Total Sales
-
Dan Fox
Seller Co-Listing Agent in 2022
Dan Fox
MerryFox Realty
(978) 740-0008
13 in this area
120 Total Sales
-
Eva Melanson
Buyer's Agent in 2022
Eva Melanson
Century 21 North East
(978) 375-4199
1 in this area
22 Total Sales
-
Patty Knaggs
Seller's Agent in 2021
Patty Knaggs
RE/MAX
(978) 290-1407
70 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73046960
APN: SALE-000032-000000-000157
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.
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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