NOT LISTED FOR SALE

48 Hanson St Salem, MA 01970

Gallows Hill Neighborhood

Estimated Value: $529,000 - $661,026

3 Beds
2 Baths
1,676 Sq Ft
$351/Sq Ft Est. Value

Last Sold January 19, 2022

Last sale price $400,000 $239 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $3,690/month

33 Days on Market

About This Home

As of January 2022

OPEN HOUSE SUNDAY 11/21 from 12-1:30 Welcome to 48 Hanson Street! This three bedroom home is in a fantastic neighborhood located directly across from the upper gallows hill park! The interior is spacious with an open concept kitchen/living room area, large bedrooms and has a boat load of potential. The exterior features a generous sized fenced in yard, a newer roof, garage and a trex deck off the kitchen. The home is located close to public schools, public transportation, downtown Salem and Peabody, and so much more. Property will be sold AS-IS and needs updating.

Last Agent to Sell the Property

Michael Shea

Shea Real Estate Listed on: 11/04/2021

Last Buyer's Agent

Donna Lambert

Churchill Properties

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,130

Year Built

1961

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • Architectural Style: Colonial
  • Carport Y N: No
  • Directions: South Street to Hanson Street or Boston Street to Hanson
  • Garage Yn: Yes
  • Property Attached Yn: No
  • Road Frontage Type: Public
  • Year Built Details: Actual
  • Special Features: None
  • Year Built: 1961

Interior Features

  • Appliances: Oven,Disposal,Microwave,Countertop Range,Refrigerator
  • Total Bathrooms: 1.5
  • Master Bathroom Features: No
  • MAIN LO: AN5627
  • LIST PRICE PER Sq Ft: 268.44
  • PRICE PER Sq Ft: 238.66
  • MAIN SO: AN4851
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Tile, Hardwood

Exterior Features

  • Roof: Shingle
  • Exterior Features: Garden
  • Foundation Details: Slab
  • Construction Type: Frame
  • Disclosures: Solar Panels To Be Transferred To The New Owners
  • Fencing: Fenced
  • Lot Features: Level
  • Patio And Porch Features: Deck - Vinyl
  • Waterfront Features: Beach Front, Ocean, 1/10 to 3/10 To Beach, Beach Ownership(Public)
  • Waterfront: Yes

Garage/Parking

  • Parking Features: Attached, Paved Drive, Off Street
  • Attached Garage: Yes
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Open Parking: Yes
  • Total Parking Spaces: 1

Utilities

  • Cooling: Window Unit(s)
  • Heating: Baseboard, Oil
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Golf, Medical Facility, Laundromat, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University

Lot Info

  • LOT SIZE: 4021
  • PAGE: 130
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 3920.399999
  • Zoning: R1

Tax Info

  • Tax Annual Amount: 4960
  • Tax Book Number: 96791
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2021
Closed on
Jan 19, 2022
Sold by
Parisien Nancy C and Parisien James E
Bought by
Koen Kevin and Koen Melissa
Seller's Agent
Michael Shea
Shea Real Estate
Buyer's Agent
Donna Lambert
Churchill Properties
List Price
$489,900
Sold Price
$400,000
Premium/Discount to List
-$89,900
-18.35%
Current Estimated Value
$588,007

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,007
Avg. Annual Appreciation
11.60%
Original Mortgage
$300,000
Interest Rate
3.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 4, 2016
Sold by
Parisien Nancy C and Parisien James E
Bought by
Parisien Nancy C and Parisien James E

Purchase Details

Closed on
Aug 30, 2016
Sold by
Conway Marsha and Parisien Nancy
Bought by
Parisien Nancy C and Parisien James E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,250
Interest Rate
3.42%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Mar 22, 2016
Sold by
Conway Marsha and Parisien Nancy
Bought by
Parisien Nancy C and Parisien James E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,250
Interest Rate
3.42%
Mortgage Type
New Conventional
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
Koen Kevin $400,000 None Available
Parisien Nancy C -- --
Parisien Nancy C -- --
Parisien Nancy C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Koen Kevin $347,000
Closed Koen Kevin $300,000
Previous Owner Parisien Nancy C $206,250
Previous Owner Parisien Nancy C $206,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/19/2022 01/19/22 Sold $400,000 -18.4% $239 / Sq Ft
12/08/2021 12/08/21 Pending -- -- --
11/04/2021 11/04/21 For Sale $489,900 -- $292 / 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 $6,130 $540,600 $200,200 $340,400
2024 $5,966 $513,400 $190,200 $323,200
2023 $5,123 $409,500 $175,600 $233,900
2022 $4,962 $374,500 $169,700 $204,800
2021 $4,960 $359,400 $158,000 $201,400
2020 $4,831 $334,300 $149,300 $185,000
2019 $4,747 $314,400 $141,600 $172,800
2018 $4,614 $300,000 $134,600 $165,400
2017 $4,336 $273,400 $113,600 $159,800
2016 $4,201 $268,100 $108,300 $159,800
2015 $4,109 $250,400 $99,500 $150,900
Source: Public Records

Agents Affiliated with this Home

  • Michael Shea

    Seller's Agent in 2022

    Michael Shea

    Shea Real Estate

    (978) 548-7203

    4 in this area

    54 Total Sales

    Michael Shea
    Section Image
  • Donna Lambert

    Buyer's Agent in 2022

    Donna Lambert

    Churchill Properties

    (978) 360-0088

    7 in this area

    41 Total Sales

    Donna Lambert
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72916136

MLS Property Information Network (MLS PIN)

APN: SALE-000015-000000-000254

Massachusetts Essex County Salem 01970 Gallows Hill

48 Hanson St, Salem, MA

This home is located at 48 Hanson St, Salem, MA 01970 since 04 November 2021 and is currently estimated at $588,007, approximately $350 per square foot. This property was built in 1961. 48 Hanson St is a home located in Essex County with nearby schools including Witchcraft Heights Elementary School, Horace Mann Laboratory, and Bates Elementary School.

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MLS Property Information Network (MLS PIN) The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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