NOT LISTED FOR SALE

Estimated Value: $817,000 - $1,048,157

6 Beds
3 Baths
2,453 Sq Ft
$381/Sq Ft Est. Value

Sale Details

Date Sold: October 14, 2021

Last sale price $725,000 $296 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $5,929 / mo

77 Days on Market

About This Home

As of October 2021

NEW PRICE! Prime Salem Location. Fully refurbished TWO FAMILY situated in the heart of Historic Salem's Common Neighborhood. Charming historic period detail with exposed brick, built in's & crown molding. Gorgeous original refinished HARDWOOD floors, many newer energy efficient replacement HARVEY WINDOWS and ALL NEWER APPLIANCES. These two beautiful SPACIOUS UNITS have comfortable floor plans, an abundance of cabinet, closet & storage space. Common areas include basement, two story entryway, front & rear stairs and a fenced in gated enclosure with patio and driveway access (on RIGHT side). Roof done 2009. Both units have own w/d included in sale. U-1: (1st floor) is TAW Collects $1900 /mo. with on street parking. U-1 will be delivered tenant occupied. U- 2 is two levels 2nd & 3rd floor. U-2 when leased collected $2500 /mo. U-2 Currently MOVE IN READY. Property has been recently updated, well maintained and has had one owner for over 25 yrs.

Last Agent to Sell the Property

Bethany Carr

Coldwell Banker Realty - Beverly Listed on: 07/07/2021

Coldwell Banker Realty - Beverly

Last Buyer's Agent

Dawn Ryan

Coldwell Banker Realty - Hingham

Coldwell Banker Realty - Hingham

Property Details

Home Type

  • Multi-Family

Year Built

  • 1880

Lot Details

  • 2,178

Interior Spaces

  • Property has 1 Level

Property Details

Home Type

Multi-Family

Year Built

1880

Lot Details

2,178 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • Directions: L on Bridge St, R on Webb St, R on Essex St, R on Forrester St
  • Garage Yn: No
  • Road Frontage Type: Public
  • Year Built Details: Actual
  • Special Features: None
  • Year Built: 1880

Interior Features

  • Appliances: Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Gas Dryer
  • Has Basement: Full, Interior Entry, Bulkhead, Concrete
  • MAIN LO: AN6181
  • MAIN SO: AN6181
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Door Features: Insulated Doors
  • Fireplace: No
  • Flooring: Wood,Tile,Carpet,Hardwood
  • Interior Amenities: Other (See Remarks)
  • Other Equipment: Satellite Dish
  • Stories: 3
  • Window Features: Insulated Windows

Exterior Features

  • Roof: Shingle
  • Exterior Features: Rain Gutters, Garden
  • Foundation Details: Stone, Brick/Mortar
  • Construction Type: Frame
  • Disclosures: Interior Photos Taken Prior To Tenant Occupancy. Exterior Faucet Removed But Water Is Functional. Most Windows Replaced. Property Requires Flood Insurance. U-1 Taw. U-2 Move In Ready. Tandem Driveway On Right Side Of House Exclusively Used By U-2. U-1 On Street Parking. Property Sold As Is.
  • Fencing: Fenced/Enclosed, Fenced
  • Home Warranty: No
  • Lot Features: Flood Plain, Level
  • Patio And Porch Features: Porch, Patio
  • Waterfront Features: Beach Front
  • Waterfront: Yes

Garage/Parking

  • Parking Features: Off Street, Tandem, Deeded, Unpaved
  • Open Parking: Yes
  • Total Parking Spaces: 2

Utilities

  • Electric: Circuit Breakers, Individually Metered
  • Laundry Features: Washer Hookup
  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Gas Dryer, Washer Hookup
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Medical Facility, House of Worship, Other
  • Senior Community: No

Fee Information

  • Annual Water Sewer Expense: 650

Schools

  • Middle Or Junior School: Collins Middle

Lot Info

  • LOT SIZE: 2100
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 2178
  • Zoning: R2

Multi Family

  • LEVELS 1: 1
  • LEASE 2: Y
  • LEASE 1: N
  • Electric Expense: 180
  • Annual Gross Income: 52800
  • Property Net Operating Income: 51502
  • Number Of Units Total: 2
  • Annual Operating Expense: 1298
  • Total Actual Rent: 4400

Tax Info

  • Tax Annual Amount: 6868.26
  • Tax Book Number: 13995
  • Tax Year: 2021

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

Listed on
Jul 7, 2021
Closed on
Oct 13, 2021
Sold by
Bought by
Seller's Agent
Bethany Carr
Coldwell Banker Realty - Beverly
Buyer's Agent
Dawn Ryan
Coldwell Banker Realty - Hingham
List Price
$763,000
Sold Price
$725,000
Premium/Discount to List
-$38,000
-4.98%
Current Estimated Value
$935,789

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$210,789
Avg. Annual Appreciation
5.45%

Purchase Details

Closed on
Feb 28, 1997
Sold by
Bought by

Purchase Details

Closed on
Mar 29, 1989
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

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
$725,000 None Available
$153,000 --
$167,000 --
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
Open $350,000
Previous Owner $181,000
Previous Owner $50,000
Previous Owner $165,000
Previous Owner $7,500
Previous Owner $146,000
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
10/14/2021 10/14/21 Sold $725,000 -5.0% $296 / Sq Ft
09/22/2021 09/22/21 Pending -- -- --
08/10/2021 08/10/21 For Sale $763,000 0.0% $311 / Sq Ft
08/10/2021 08/10/21 Price Changed $763,000 +1.3% $311 / Sq Ft
07/13/2021 07/13/21 Pending -- -- --
07/07/2021 07/07/21 For Sale $753,000 -- $307 / 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 $9,480 $836,000 $190,300 $645,700
2024 $9,057 $779,400 $180,900 $598,500
2023 $8,847 $707,200 $167,000 $540,200
2022 $7,242 $546,600 $161,400 $385,200
2021 $6,868 $497,700 $150,300 $347,400
2020 $6,646 $459,900 $141,900 $318,000
2019 $6,582 $435,900 $134,700 $301,200
2018 $6,083 $395,500 $128,000 $267,500
2017 $5,689 $358,700 $108,000 $250,700
2016 $5,542 $353,700 $103,000 $250,700
2015 $5,386 $328,200 $94,600 $233,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72861115

MLS Property Information Network (MLS PIN)

APN: SALE-000041-000000-000208

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