NOT LISTED FOR SALE

Estimated Value: $889,000 - $959,000

6 Beds
2 Baths
2,934 Sq Ft
$312/Sq Ft Est. Value

Last Sold July 29, 2024

Last sale price $870,000 $297 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $5,747/month

5 Days on Market

Highlights

  • Marina
  • Granite Flooring
  • Property is near public transit
  • Medical Services
  • 0.24 Acre Lot
  • Jogging Path

About This Home

As of July 2024

Rare find in the city of Salem!! Investors & families alike will not want to miss this MUST SEE 2 family positioned on a lot with over 10,000 sq.ft. complemented with an oversized detached two car garage, wonderful curb appeal and extras galore.The property boasts a 6+ car paved driveway, beautiful landscaping, and well-maintained exterior . The interior features gleaming hardwood floors, and large rooms for living, entertaining, and all family activities. Partially finished basement serving as additional living space and storage options. Newer roof and updated mechanicals in the last 4 years. Whether you are looking for a multi-family investment property or for owner occupancy with rental income potential, this property has it all. Prime location in Salem, close to shopping, dining, and public transportation, this multi-family home is sure to be an attraction. Don't miss out on this opportunity to own a piece of Salem with so much to offer.OPEN HOUSE: 6/1 12pm-2pm & 6/2 12pm-2pm.

Last Agent to Sell the Property

Pedro Calcano

William Raveis R.E. & Home Services Listed on: 05/29/2024

William Raveis R.E. & Home Services

Last Buyer's Agent

Melita Picciotto

Sagan Harborside Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,625

Year Built

  • Built in 1800

Lot Details

  • 10,250 Sq Ft Lot
  • Fenced
  • Level Lot

Parking

  • 2 Car Garage
  • Driveway
  • Open Parking

Home Design

  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,934 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Insulated Windows
  • Family Room
  • Living Room
  • Washer and Dryer Hookup
  • Partially Finished Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Granite

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Outdoor Features

  • Porch

Location

  • Property is near public transit
  • Property is near schools

Listing and Financial Details

  • Assessor Parcel Number M:16 L:0108,2129108

Community Details

Recreation

  • Marina
  • Jogging Path

Additional Features

  • 2 Units
  • Medical Services

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,625

Year Built

Built in 1800

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1800
  • Buyer Agency: 2.00
  • Transaction Broker: 2.00
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Hardwood
  • Interior Amenities: Bathroom With Tub & Shower, Ceiling Fan(s), Living Room, Kitchen, Family Room
  • Fireplace YN: No
  • Appliances: Range, Dishwasher, Microwave, Refrigerator
  • Total Bedrooms: 6
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Basement: Partially Finished
  • Living Area: 2934
  • Spa YN: No
  • Stories Total: 3
  • Window Features: Insulated Windows
  • MAIN LO: M59500
  • LIST PRICE PER Sq Ft: 286.26
  • PRICE PER Sq Ft: 296.52
  • MAIN SO: AN4471

Exterior Features

  • Construction Materials: Frame
  • Fencing: Fenced/Enclosed, Fenced
  • Foundation Details: Granite
  • Home Warranty YN: No
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront Features: Beach Front, Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Paved
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Electric: Circuit Breakers
  • Water Source: Public
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Walk/Jog Trails, Medical Facility, Marina, Public School, T-Station, University
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:16 L:0108,2129108
  • Zoning: R1
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.24
  • Lot Size Area: 0.24
  • Lot Size Sq Ft: 10250
  • Lot Size Units: Acres
  • PAGE: 10
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 7625
  • Tax Book Number: 39955

Multi Family

  • Number Of Units Total: 2
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2021
Closed on
Jun 7, 2021
Sold by
Buczko Rt
Bought by
Cruz Henry M and Cruz-Vizcaino Marcia
Seller's Agent
Merry Fox Team
MerryFox Realty
Buyer's Agent
Pedro Calcano
William Raveis R.E. & Home Services
List Price
$648,000
Sold Price
$680,000
Premium/Discount to List
$32,000
4.94%
Current Estimated Value
$915,903

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$235,903
Avg. Annual Appreciation
7.44%
Original Mortgage
$667,683
Outstanding Balance
$611,047
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$304,856

Purchase Details

Closed on
Oct 19, 2019
Sold by
Buczko Thaddeus
Bought by
Buczko Rt

Purchase Details

Closed on
Aug 18, 2017
Sold by
47 Butler Street T and 47 Buczko
Bought by
Buczko Thaddeus
Source: Public Records

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
Cruz Henry M $680,000 None Available
Buczko Rt -- --
Buczko Thaddeus -- --
Buczko Thaddeus -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bizjak Justin T $200,000
Open Cruz Henry M $667,683
Closed Cruz Henry M $667,683
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2024 07/29/24 Sold $870,000 +3.6% $297 / Sq Ft
06/04/2024 06/04/24 Pending -- -- --
05/29/2024 05/29/24 For Sale $839,900 +23.5% $286 / Sq Ft
06/07/2021 06/07/21 Sold $680,000 +4.9% $232 / Sq Ft
04/19/2021 04/19/21 Pending -- -- --
04/14/2021 04/14/21 For Sale $648,000 -- $221 / 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 $8,251 $727,600 $232,100 $495,500
2024 $7,625 $656,200 $220,600 $435,600
2023 $7,363 $588,600 $203,600 $385,000
2022 $7,567 $571,100 $196,800 $374,300
2021 $6,937 $502,700 $183,300 $319,400
2020 $6,815 $471,600 $173,100 $298,500
2019 $6,744 $446,600 $164,300 $282,300
2018 $6,123 $398,100 $156,100 $242,000
2017 $5,670 $357,500 $131,700 $225,800
2016 $5,506 $351,400 $125,600 $225,800
2015 $5,332 $324,900 $115,400 $209,500
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73243657

MLS Property Information Network (MLS PIN)

APN: SALE-000016-000000-000108