NOT LISTED FOR SALE

Estimated Value: $504,000 - $855,016

5 Beds
2 Baths
2,122 Sq Ft
$303/Sq Ft Est. Value

Last Sold April 26, 2023

Last sale price $520,000 $245 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $3,781/month

69 Days on Market

Highlights

  • Scenic Views
  • Property is near public transit and schools
  • Jogging Path
  • Waterfront
  • No HOA
  • 1-minute walk to Charles R. Curtis Memorial Park

About This Home

As of April 2023

Rare opportunity to buy this beautiful 5 bedroom 2 bath gem with 4 off-street parking spots and 2 Driveways! Location is just minutes away from Salem’s historic downtown, commuter rail and Collins Cove. This house has charm, character and enough space to house 2 families. Street facing balcony with an OCEAN VIEW! This home can easily be converted into a 2 family as it already has 2 kitchens! (Bonus basement rooms as well!) MUST SEE for yourself!! Sold AS IS!

Last Agent to Sell the Property

Sharife Choate

Cameron Prestige, LLC Listed on: 11/08/2022

Cameron Prestige, LLC

Co-Listed By

Ashley Fannin

Cameron Prestige, LLC

Last Buyer's Agent

Sharife Choate

Cameron Prestige, LLC Listed on: 11/08/2022

Cameron Prestige, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,922

Year Built

  • Built in 1880

Lot Details

  • 3,080 Sq Ft Lot
  • Waterfront
  • Property is zoned R2

Interior Spaces

  • 2,122 Sq Ft Home
  • Scenic Vista Views

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Parking

  • 4 Car Parking Spaces
  • Driveway
  • Open Parking

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Additional Features

  • Walking Distance to Water
  • Property is near public transit and schools

Listing and Financial Details

  • Assessor Parcel Number 2137317

Community Details

Overview

  • No Home Owners Association

Amenities

  • Shops
  • Coin Laundry

Recreation

  • Park
  • Jogging Path
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,922

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Other (See Remarks)
  • Year Built: 1880
  • Buyer Agency Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: Yes
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Fireplace YN: No
  • Appliances: Gas Water Heater
  • Total Bedrooms: 5
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Living Area: 2122
  • MAIN LO: AN4281
  • MAIN SO: AN4281

Exterior Features

  • Foundation Details: Other
  • View: Scenic View(s)
  • View YN: Yes
  • Waterfront Features: Beach Front, Ocean, Walk to, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Cooling: Window Unit(s)
  • Heating: Forced Air, Natural Gas
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Laundromat, Bike Path, Highway Access, Private School, Public School, T-Station, University

Lot Info

  • Parcel Number: 2137317
  • Zoning: R2
  • Farm Land Area Units: Square Feet
  • Lot Features: Other
  • Lot Size Acres: 0.07
  • Lot Size Sq Ft: 3080
  • Lot Size Units: Acres
  • Property Attached YN: No
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4922

Multi Family

  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2022
Closed on
Apr 26, 2023
Sold by
46 Bridge Street Rt and Koulouris
Bought by
Incremental Dev Llc
Seller's Agent
Sharife Choate
Cameron Prestige, LLC
Buyer's Agent
Sharife Choate
Cameron Prestige, LLC
List Price
$539,900
Sold Price
$520,000
Premium/Discount to List
-$19,900
-3.69%
Views
265
Current Estimated Value
$611,761

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,761
Avg. Annual Appreciation
8.09%
Original Mortgage
$527,000
Outstanding Balance
$511,255
Interest Rate
6.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$130,749
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Incremental Dev Llc $520,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Incremental Dev Llc $527,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/26/2023 04/26/23 Sold $520,000 -3.7% $245 / Sq Ft
02/22/2023 02/22/23 For Sale $539,900 0.0% $254 / Sq Ft
01/17/2023 01/17/23 Pending -- -- --
11/28/2022 11/28/22 Price Changed $539,900 -1.8% $254 / Sq Ft
11/08/2022 11/08/22 For Sale $549,900 -- $259 / 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 $6,979 $615,400 $145,700 $469,700
2024 $5,767 $496,300 $145,700 $350,600
2023 $5,082 $406,200 $128,500 $277,700
2022 $4,922 $371,500 $120,000 $251,500
2021 $4,858 $352,000 $112,000 $240,000
2020 $4,826 $334,000 $116,000 $218,000
2019 $4,737 $313,700 $105,700 $208,000
2018 $4,451 $289,400 $91,400 $198,000
2017 $3,822 $241,000 $73,100 $167,900
2016 $3,776 $241,000 $73,100 $167,900
2015 $3,630 $221,200 $62,800 $158,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73056238

MLS Property Information Network (MLS PIN)

APN: SALE-000036-000000-000192