Seller's Agent in 2024
Marcie Gingle
William Raveis R.E. & Home Services
(617) 838-3102
1 in this area
59 Total Sales
5 Buffum St Salem, MA 01970
North Salem NeighborhoodEstimated Value: $799,000 - $1,003,000
8
Beds
2
Baths
3,360
Sq Ft
$262/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Screened Porch
- Bathtub with Shower
- 2 Fireplaces
- Tandem Parking
- 4-minute walk to Patten Park
About This Home
As of July 2024This new listing is a spacious two-unit multifamily property situated conveniently within walking distance to downtown Salem. The first unit features two bedrooms and a screen porch, perfect for enjoying the outdoors. The second and third floors house a generous five-bedroom unit with the potential for expansion, making it a versatile space for the new owner. With its prime location near restaurants, museums, and the commuter rail, this property boasts great bones and is just waiting for a new owner to make it their own. Much original woodwork, high ceilings, newer replacement windows, two fireplaces, double parlors in both units and updated heating systems.
Last Agent to Sell the Property
William Raveis R.E. & Home Services Listed on: 05/13/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,174
Year Built
- Built in 1915
Lot Details
- 2,849 Sq Ft Lot
Home Design
- Stone Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 3,360 Sq Ft Home
- Property has 1 Level
- Ceiling Fan
- 2 Fireplaces
- Wood Burning Fireplace
- Insulated Windows
- Family Room
- Living Room
- Dining Room
- Screened Porch
- Wood Flooring
- Finished Basement
- Basement Fills Entire Space Under The House
- Range
Bedrooms and Bathrooms
- 8 Bedrooms
- 2 Full Bathrooms
- Bathtub with Shower
Laundry
- Dryer
- Washer
Parking
- 2 Car Parking Spaces
- Tandem Parking
- Driveway
- Open Parking
- Off-Street Parking
Schools
- Salem High School
Utilities
- No Cooling
- 2 Heating Zones
- Heating System Uses Steam
Community Details
- 2 Units
- Net Operating Income $26,400
Listing and Financial Details
- Assessor Parcel Number 2132447
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/23/2024 07/23/24 | Sold | $770,000 | 0.0% | $229 / Sq Ft |
| 05/23/2024 05/23/24 | Pending | -- | -- | -- |
| 05/13/2024 05/13/24 | For Sale | $769,900 | -- | $229 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $8,935 | $787,900 | $194,200 | $593,700 |
| 2024 | $8,174 | $703,400 | $184,500 | $518,900 |
| 2023 | $7,881 | $630,000 | $170,300 | $459,700 |
| 2022 | $8,149 | $615,000 | $164,600 | $450,400 |
| 2021 | $7,685 | $556,900 | $153,300 | $403,600 |
| 2020 | $7,537 | $521,600 | $144,800 | $376,800 |
| 2019 | $7,443 | $492,900 | $137,400 | $355,500 |
| 2018 | $5,784 | $376,100 | $130,600 | $245,500 |
| 2017 | $5,365 | $338,300 | $110,100 | $228,200 |
| 2016 | $5,221 | $333,200 | $105,000 | $228,200 |
| 2015 | $5,056 | $308,100 | $96,500 | $211,600 |
Source: Public Records
Agents Affiliated with this Home
-
Marcie Gingle
-
Matt Tasgin
M
Buyer's Agent in 2024
Matt Tasgin
United Brokers
(857) 361-8584
1 in this area
97 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73236992
APN: SALE-000026-000000-000316
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