NOT LISTED FOR SALE

Estimated Value: $893,896 - $963,000

8 Beds
3 Baths
3,119 Sq Ft
$296/Sq Ft Est. Value

Last Sold August 24, 2020

Last sale price $600,000 $192 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $5,825/month

19 Days on Market

Highlights

  • Deck
  • Enclosed patio or porch
  • 3-minute walk to Bunny Puttman Park
  • Wood Flooring

About This Home

As of August 2020

Great opportunity for investor/developer or Owner occupant! Large 3 Family home with separate utilities, gas heat, off street parking and oversized garage, plus a private deck /patio/garden area. Long family history of ownership, located a short distance to the heart of downtown Salem and Train station.Due to the COVID-19 pandemic showing the property presents safety risks to prospective buyers and the occupants of the property, please view all photos, showings will be limited.

Last Agent to Sell the Property

Paul Rallo

Keller Williams Realty Evolution Listed on: 06/17/2020

Keller Williams Realty Evolution

Last Buyer's Agent

Tracy Hollander

Advisors Living - Boston

Advisors Living - Boston

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,705

Year Built

  • Built in 1914

Lot Details

  • 3,920

Parking

  • 1 Car Garage

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Outdoor Features

  • Deck
  • Enclosed patio or porch

Utilities

  • Natural Gas Water Heater

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:25 L:0544

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,705

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 2.00
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 214.49
  • Comp Based On: Net Sale Price
  • Year Built: 1914
  • Lead Paint: Unknown
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1914

Interior Features

  • Flooring: Wood, Vinyl, Wall to Wall Carpet
  • Total Flrs: 6
  • No Bedrooms: 8
  • Total Brs: 8
  • Full Bathrooms: 3
  • Total Fbh: 3
  • No Rooms: 17
  • Rms Common: Sunroom
  • Basement: Y
  • Basement Features: Full, Concrete Floor
  • Main Lo: C95098
  • Main So: AN6181
  • Estimated Sq Ft: 3119.00

Exterior Features

  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Exterior Features: Porch - Enclosed, Deck
  • Foundation: Fieldstone, Brick, Granite
  • Foundation Size: 1

Garage/Parking

  • Parking Feature: Off-Street, Tandem, On Street Permit
  • Parking Spaces: 2
  • Garage Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: 220 Volts, Circuit Breakers
  • Sewage District: SESD
  • Heat Zones: 3
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range

Condo/Co-op/Association

  • Amenities: Public Transportation

Lot Info

  • Assessments: 489000.00
  • Acre: 0.09
  • Lot Size: 3781.00
  • Page: 357
  • Parcel Number: M:25 L:0544
  • Zoning: R2
  • Lot Description: Paved Drive

Multi Family

  • Heat Units: 3
  • Total Levels: 3
  • Total Rms: 16
  • No Units: 3
  • Mf Type: 3 Family

Tax Info

  • Taxes: 7066.00
  • Assessor Parcel Number: 2131955

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2020
Closed on
Aug 18, 2020
Sold by
46 Endicott Salem Rt
Bought by
Byors Joseph
Seller's Agent
Paul Rallo
Keller Williams Realty Evolution
Buyer's Agent
Tracy Hollander
Advisors Living - Boston
List Price
$669,000
Sold Price
$600,000
Premium/Discount to List
-$69,000
-10.31%
Current Estimated Value
$923,474

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$323,474
Avg. Annual Appreciation
8.64%
Original Mortgage
$589,132
Outstanding Balance
$529,604
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$374,806
Source: Public Records

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
Byors Joseph $600,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Byors Joseph $589,132
Previous Owner 46 Endicott Salem Rt $75,000
Previous Owner Vitale Anthony $8,913
Previous Owner Vitale Anthony $18,995
Previous Owner Vitale Anthony $14,346
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2020 08/24/20 Sold $600,000 -10.3% $192 / Sq Ft
07/06/2020 07/06/20 Pending -- -- --
07/02/2020 07/02/20 For Sale $669,000 0.0% $214 / Sq Ft
06/29/2020 06/29/20 Pending -- -- --
06/17/2020 06/17/20 For Sale $669,000 -- $214 / 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 $8,705 $767,600 $198,900 $568,700
2024 $8,054 $693,100 $189,100 $504,000
2023 $7,796 $623,200 $174,500 $448,700
2022 $7,481 $564,600 $168,700 $395,900
2021 $7,424 $538,000 $157,100 $380,900
2020 $7,066 $489,000 $148,300 $340,700
2019 $7,012 $464,400 $140,800 $323,600
2018 $6,512 $423,400 $133,800 $289,600
2017 $6,111 $385,300 $112,800 $272,500
2016 $5,956 $380,100 $107,600 $272,500
2015 $5,814 $354,300 $98,900 $255,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72675434

MLS Property Information Network (MLS PIN)

APN: SALE-000025-000000-000544