Seller's Agent in 2023
Dalina Fantini
Diamond Key Real Estate
(978) 360-4950
1 in this area
67 Total Sales
46 1/2 Essex St Salem, MA 01970
Salem Common NeighborhoodEstimated Value: $804,700 - $876,000
5
Beds
2
Baths
1,920
Sq Ft
$433/Sq Ft
Est. Value
Highlights
- Medical Services
- Property is near public transit
- 2 Fireplaces
- Waterfront
- Wood Flooring
- 3-minute walk to Salem Common
About This Home
As of September 2023Centrally located in the heart of downtown Salem. Beaches nearby. Walk to all the attractions that Salem has to offer. This updated 2-family features a modern unit that has an open floor plan with a beautiful new kitchen, stainless steel appliances, recessed lights, huge island with quartz countertop, under counter fridge and combo washer/dryer. New bath with tile, glass door. Private yard that is fenced in. Townhouse unit with lots of beams, fireplace, wood floors, modern kitchen & bath, 3 bedrooms. Updates include siding and windows (2018), roof (2016), 1 hot water heater (2019), and 2nd hot water heater (2022). OPEN HOUSE CANCELLED ON 8/13.SELLER HAS ACCEPTED AN OFFER.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,958
Year Built
- Built in 1850 | Remodeled
Lot Details
- 2,810 Sq Ft Lot
- Waterfront
- Property fronts an easement
Home Design
- Frame Construction
- Shingle Roof
- Concrete Perimeter Foundation
Interior Spaces
- 1,920 Sq Ft Home
- Property has 1 Level
- 2 Fireplaces
- Wood Burning Fireplace
- Insulated Windows
- Window Screens
Kitchen
- Microwave
- Dishwasher
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Full Bathrooms
Basement
- Basement Fills Entire Space Under The House
- Block Basement Construction
Parking
- 3 Car Parking Spaces
- Shared Driveway
- Open Parking
- Off-Street Parking
Outdoor Features
- Walking Distance to Water
- Enclosed Patio or Porch
Location
- Property is near public transit
- Property is near schools
Utilities
- 2 Heating Zones
- Heating Available
- Natural Gas Connected
Listing and Financial Details
- Total Actual Rent $2,000
- Rent includes unit 2(water)
Community Details
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Park
- Jogging Path
- Bike Trail
Additional Features
- 2 Units
- Net Operating Income $24,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 11, 2024
Sold by
Patten Frankie C and Patten Jenine
Bought by
46 1 2 Essex St Salem Rt and Smith
Current Estimated Value
Purchase Details
Closed on
Jun 5, 2020
Sold by
Difazio Joy H and Difazio Robert J
Bought by
Difazio Robert J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$536,476
Interest Rate
3.1%
Mortgage Type
FHA
Purchase Details
Closed on
May 26, 2000
Sold by
Cohen Randall C and Cohen Kristen B
Bought by
Difazio Robert J and Difazio Joy H
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,000
Interest Rate
8.1%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 30, 1998
Sold by
Burnham James W and Morey Linda M
Bought by
Cohen Randall C and Redfield Kristen B
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 46 1 2 Essex St Salem Rt | -- | None Available | |
| 46 1 2 Essex St Salem Rt | -- | None Available | |
| Difazio Robert J | -- | None Available | |
| Difazio Robert J | -- | None Available | |
| Difazio Robert J | $222,000 | -- | |
| Difazio Robert J | $222,000 | -- | |
| Cohen Randall C | $180,000 | -- | |
| Cohen Randall C | $180,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Patten Jenine | $560,000 | |
| Previous Owner | Bonifacio Alonso | $536,476 | |
| Previous Owner | Cohen Randall C | $49,700 | |
| Previous Owner | Cohen Randall C | $249,000 | |
| Previous Owner | Cohen Randall C | $197,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/22/2023 09/22/23 | Sold | $750,000 | +1.4% | $391 / Sq Ft |
| 08/12/2023 08/12/23 | Pending | -- | -- | -- |
| 08/03/2023 08/03/23 | For Sale | $739,900 | 0.0% | $385 / Sq Ft |
| 07/25/2023 07/25/23 | Pending | -- | -- | -- |
| 07/17/2023 07/17/23 | For Sale | $739,900 | -- | $385 / 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 | $7,505 | $661,800 | $158,900 | $502,900 |
| 2024 | $7,154 | $615,700 | $158,900 | $456,800 |
| 2023 | $6,958 | $556,200 | $145,500 | $410,700 |
| 2022 | $6,955 | $524,900 | $140,100 | $384,800 |
| 2021 | $5,640 | $408,700 | $132,000 | $276,700 |
| 2020 | $5,439 | $376,400 | $118,500 | $257,900 |
| 2019 | $5,317 | $352,100 | $107,800 | $244,300 |
| 2018 | $4,772 | $310,300 | $100,200 | $210,100 |
| 2017 | $4,612 | $290,800 | $94,300 | $196,500 |
| 2016 | $4,278 | $273,000 | $76,500 | $196,500 |
| 2015 | $4,247 | $258,800 | $76,500 | $182,300 |
Source: Public Records
Agents Affiliated with this Home
-
Dalina Fantini
-
Donald Hardy
Buyer's Agent in 2023
Donald Hardy
eXp Realty
(617) 704-3744
1 in this area
20 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73137066
APN: SALE-000035-000000-000598
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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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