NOT LISTED FOR SALE

Estimated Value: $819,000 - $986,000

8 Beds
3 Baths
3,119 Sq Ft
$290/Sq Ft Est. Value

Last Sold August 24, 2020

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

Est. 51% increase in value since last sale

Current estimated payment $5,783/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%
Total Days on Market
19
Current Estimated Value
$904,410

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$304,410
Avg. Annual Appreciation
8.94%
Original Mortgage
$589,132
Outstanding Balance
$529,604
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$374,806
Source: Public Records

Similar Homes in the area

  • 47 Winthrop St, Salem, MA 01970

    $1,050,000

    • 7 Beds
    • 4.5 Baths
    • 2,858 Sq Ft
    • 47 Winthrop St
    • Salem, MA

    Turnkey 3-family gem in the heart of downtown Salem! Fully renovated units, strong rental income, and location make this an exceptional opportunity for investors or owner-occupants seeking cash flow and long-term growth. Unit 1 offers 3 beds/2 baths with stylish finishes and generous living space. Unit 2 features 3 beds/1.5 baths has been renovated and will be delivered vacant ideal for an owner

    Cynthia Nina-Soto Nina-Soto Realty, LLC

    Section Image
  • 24 Dunlap St, Salem, MA 01970

    $699,000

    • 7 Beds
    • 3 Baths
    • 2,812 Sq Ft
    • 24 Dunlap St
    • Salem, MA

    Attention contractors and investors!! Nestled in east Salem, MA, this three-family multi-unit property presents an excellent investment opportunity. Built in 1910, this 2,812 sq ft home is spread across three floors, each featuring its own distinct living space. The first unit has 3bdrms, the second and third have 2bdrms. Unit 1 has a rented hot water heater. Subject to the approval of and

    Daniel Laterowicz LDL Realty, LLC

    Section Image
  • 16 Horton St, Salem, MA 01970

    $999,000

    • 6 Beds
    • 4 Baths
    • 3,108 Sq Ft
    • 16 Horton St
    • Salem, MA

    Located in the Castle Hill area close to Salem State University, Salem Hospital, and downtown, this large 2-family has a beautifully remodeled townhouse unit that offers the space and comfort of a single-family home! Step inside and be greeted by a sun-drenched, expansive 24'x18' living/dining room combo – perfect for entertaining or relaxing. The heart of the unit is the large eat-in kitchen,

    Jim Armstrong Aluxety

    Section Image
  • 14 Forest Ave, Salem, MA 01970

    $849,000

    • 6 Beds
    • 2 Baths
    • 2,380 Sq Ft
    • 14 Forest Ave
    • Salem, MA

    A true turnkey investment awaits at 14 Forest Ave in desirable downtown Salem! This meticulously maintained two-family home, encompassing approximately 2380 sq ft of living space, offers an exceptional opportunity with a strong rental history and significant capital improvements already in place. Investors will appreciate the peace of mind provided by slate roof and newer vinyl siding, coupled

    The Team - Real Estate Advisors Coldwell Banker Realty - Cambridge

    Section Image
  • 1 Japonica Ave, Salem, MA 01970

    $1,075,000

    • 8 Beds
    • 3.5 Baths
    • 5,418 Sq Ft
    • 1 Japonica Ave
    • Salem, MA

    We are pleased to present this multifamily offering which consists of 3 large units, ample on-site parking, and two garages currently used as parking and storage. The property has been very well maintained but offers investors and end-users future value through cosmetic improvements and activating additional income opportunities. The property is ideally located in a quiet residential neighborhood

    Kevin Benzinger Boston Realty Advisors

    Section Image
  • 30 Irving St, Salem, MA 01970

    $790,000

    • 6 Beds
    • 2 Baths
    • 2,250 Sq Ft
    • 30 Irving St
    • Salem, MA

    Welcome to this beautiful 2-family home nestled on a peaceful street just steps away from Mack Park. This home is perfect for both owner-occupant and savvy investors, live in one unit and rent the other for additional income. Unit #2 has been fully renovated and features vinyl flooring throughout, fresh paint, a modern kitchen with stainless steel appliances, and three generously sized

    Kristi Gjikondi Gjikondi Realty

    Section Image
  • 18 Balcomb St, Salem, MA 01970

    $1,075,000

    • 7 Beds
    • 3.5 Baths
    • 4,310 Sq Ft
    • 18 Balcomb St
    • Salem, MA

    Perfect for owner-occupied income producing property, straight-up investment opportunity, or potential condo conversion for developers. Rare Salem 2-family (side-by-side) duplex offering spacious sunny rooms with 2 driveways and good-sized yard seeks new steward. Unit 1 (current owner’s home) offers 4 bedrooms, renovated kitchen and 2 full baths plus interior access to own basement with laundry.

    Nancy Peterson J. Barrett & Company

    Section Image
  • 68 Driscoll St, Peabody, MA 01960

    $885,100

    • 6 Beds
    • 2 Baths
    • 1,980 Sq Ft
    • 68 Driscoll St
    • Peabody, MA

    STILL AVAILABLE!!!!!! Ready to Sell, Welcome the Summer months on this clean and well taken care 2 Family Home. On a prime corner lot with a great expansion potential on the third level, Providing more living space on the large unfinish attic. (Subject to local zoning regulations) Nestled in a desirable neighborhood, this well maintained home offers a fantastic opportunity for homeowners and

    Rosa Valera Valera Realty Services

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

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

  • Section Image
  • Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72675434

MLS Property Information Network (MLS PIN)

APN: SALE-000025-000000-000544