NOT LISTED FOR SALE

5 Commonwealth Ave Salisbury, MA 01952

Estimated Value: $1,749,797

9 Beds
4 Baths
4,199 Sq Ft
$417/Sq Ft Est. Value

Last Sold March 04, 2016

Last sale price $922,000 $220 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $10,564/month

199 Days on Market

Highlights

  • Waterfront
  • Deck
  • Patio
  • 5,998 Acre Lot
  • Balcony
  • Baseboard Heating

About This Home

As of March 2016

OCEANFRONT SPACIOUS 3 UNIT, LOCATED ON SALISBURY/SEABROOK LINE UNIT 1 CONSISTS OF 7 RMS, 4 BRS, 3 WITH SLIDERS TO DECK W/OCEANVIEWS, 2 BATHS, CENTRAL A/C FIREPLACE, HEATED SUN PORCH. 1-2 CAR GARAGE. UNIT 2 HAS 3 BRS, CENTRAL AIRENCLOSED PORCH, AND LARGE DECK. UNIT 3 2 BR, 1 BATH.GREAT SUMMER AND WINTER RENTAL HISTORYBUYER MUST HONOR ALL SUMMER RENTALS IN PLACE

Last Agent to Sell the Property

Dale McDonough

Tom Saab Real Estate License #105541 Listed on: 07/10/2015

Last Buyer's Agent

Robert Preston

Preston Real Estate License #032971

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,430

Year Built

  • 1950

Lot Details

  • 5,998 Acre Lot
  • Waterfront
  • Lot Sloped Up

Parking

  • 2 Car Garage

Home Design

  • Concrete Foundation
  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 4,199 Sq Ft Home
  • 2-Story Property

Basement

  • Connecting Stairway
  • Basement Storage

Outdoor Features

  • Balcony
  • Deck
  • Patio

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,430

Year Built

1950

Lot Details

0

Parking

2

Listing Details

  • Status Detail: Closed
  • Flood Zone: Yes
  • Construction: Existing
  • Total Stories: 2
  • Sq Ft - Apx Total Finished: 4199
  • Property Type: Multi-Family
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1950

Interior Features

  • Basement: Yes
  • Basement Description: Slab, Stairs - Interior, Storage Space
  • Sq Ft - Apx Finished AG: 4199

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Vinyl
  • Foundation: Block, Concrete
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Shingle - Asphalt
  • Features Exterior: Balcony, Deck, Patio

Garage/Parking

  • Garage Capacity: 2
  • Parking: Parking Spaces 6+
  • Garage: Yes
  • Garage Type: Under

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Gas - Natural
  • Heating Fuel: Gas - Natural
  • Heating: Baseboard
  • Cooling: Central AC
  • Trash: Private

Condo/Co-op/Association

  • Services: Cable, Internet - Cable

Lot Info

  • Lot Sq Ft: 261272880
  • Lot Acres: 5998
  • Lot Description: Waterfront
  • Surveyed: Unknown
  • Zoning: RES

Multi Family

  • Total Units: 3
  • Total2 Bedroom Units: 1
  • Total3 Plus Bedroom Units: 2

Tax Info

  • Tax Gross Amount: 11430.45
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2015
Closed on
Feb 24, 2016
Sold by
Dawson Alan D and Dawson Debra M
Bought by
Salemi Robert A and Salemi Denver Ryan
Seller's Agent
Dale McDonough
Tom Saab Real Estate
Buyer's Agent
Robert Preston
Preston Real Estate
List Price
$949,900
Sold Price
$922,000
Premium/Discount to List
-$27,900
-2.94%
Current Estimated Value
$1,749,797

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$827,797
Avg. Annual Appreciation
6.77%

Purchase Details

Closed on
Jan 23, 2004
Sold by
Gulezian Richard P and Gulezian Yvonne E
Bought by
Dawson Alan D and Dawson Debra M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$644,000
Interest Rate
5.89%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Salemi Robert A $922,000 --
Dawson Alan D $920,000 --
Dawson Alan D $920,000 --
Dawson Alan D $920,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dawson Alan D $644,000
Previous Owner Dawson Alan D $0
Closed Salemi Robert A $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/04/2016 03/04/16 Sold $922,000 0.0% $220 / Sq Ft
02/24/2016 02/24/16 Sold $922,000 -2.9% $220 / Sq Ft View Prior Sale
01/25/2016 01/25/16 Pending -- -- --
12/31/2015 12/31/15 Pending -- -- --
10/20/2015 10/20/15 For Sale $949,900 0.0% $226 / Sq Ft
07/10/2015 07/10/15 For Sale $949,900 -- $226 / Sq Ft
Source: PrimeMLS

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 $16,214 $0 $0 $0
2024 $16,214 $0 $0 $0
2023 $16,214 $0 $0 $0
2022 $16,214 $0 $0 $0
2021 $16,214 $0 $0 $0
2020 $16,214 $0 $0 $0
2019 $16,214 $0 $0 $0
2018 $16,214 $1,376,400 $754,100 $622,300
2017 $11,025 $924,900 $696,900 $228,000
2016 $11,295 $967,900 $696,900 $271,000
2015 $11,430 $972,800 $696,900 $275,900
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2016

    Dale McDonough

    Tom Saab Real Estate

    Section Image
  • Robert Preston

    Buyer's Agent in 2016

    Robert Preston

    Preston Real Estate

    (603) 770-0006

    39 Total Sales

    Robert Preston
    Section Image

  • N

    Buyer's Agent in 2016

    Non Member

    Non Member Office

See All Agents

Map

Source: PrimeMLS

MLS Number: 4437025

PrimeMLS

APN: SALI-000036-000000-000046

Massachusetts Essex County Salisbury 01952

5 Commonwealth Ave, Salisbury, MA

Not Listed for Sale

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