NOT LISTED FOR SALE

Estimated Value: $686,000 - $868,000

4 Beds
2 Baths
1,810 Sq Ft
$430/Sq Ft Est. Value

Last Sold July 31, 2020

Last sale price $595,000 $329 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $4,660/month

4 Days on Market

Highlights

  • Wood Flooring
  • Porch
  • 3-minute walk to Furlong Park
  • Fenced Yard
  • Garden

About This Home

As of July 2020

IN FAIRNESS TO ALL, SELLER HAS REQUESTED BEST & HIGHEST BY 6PM TODAY, SUN 6/7: Commanding 2 family home just 3 blocks to town, train, dog park & oceanfront Furlong Park! Complete with grand front porch, driveway, garage & rear yard, this home is a great opportunity in so many ways. Recently refreshed, the 1st-floor, 2 bedroom unit has new hardwood & kitchen flooring, stainless & granite kitchen with in-unit laundry PLUS a 24' private basement which could become additional living space. The 2nd-floor 2 bedroom also has in-unit laundry and a private walk-up attic which could make a great master suite retreat someday, in addition to the main living level. You can live-in, rent, and expand for greater profit! Current mechanical systems and touch-ups throughout make this a great chance for you in an excellent location, just a few blocks to the ocean-side park, express commuter rail to North Station, and all the cultural, recreational, and epicurean destinations of historic Salem.

Last Agent to Sell the Property

Eric Towne

Listed on: 06/04/2020

Last Buyer's Agent

Charles George

Real Broker MA, LLC

Real Broker MA, LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1915

Lot Details

  • Fenced Yard
  • Garden

Parking

  • 1 Car Garage

Utilities

  • Water Holding Tank
  • Natural Gas Water Heater

Additional Features

  • Wood Flooring
  • Porch
  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:27 L:0318

Property Details

Home Type

Multi-Family

Year Built

Built in 1915

Lot Details

3,049 Sq Ft Lot

Listing Details

  • Property Type: Multi-family
  • Year Built Description: Unknown/Mixed
  • List Price Per Sq Ft: 303.31
  • Comp Based On: Net Sale Price
  • Year Built: 1915
  • Lead Paint: Unknown
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1915

Interior Features

  • Flooring: Wood
  • Total Flrs: 3
  • No Bedrooms: 4
  • Total Brs: 4
  • Full Bathrooms: 2
  • Total Fbh: 2
  • No Rooms: 8
  • Basement: Y
  • Basement Features: Full, Interior Access, Bulkhead, Concrete Floor
  • Main Lo: C86500
  • Main So: AN2383
  • Estimated Sq Ft: 1810.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 1 to 2 Mile
  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior Features: Porch, Fenced Yard, Garden Area
  • Foundation: Fieldstone

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 2
  • Garage Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers
  • Heat Zones: 2
  • Hot Water: Natural Gas, Electric, Tank, Varies Per Unit
  • Utility Connections: for Gas Range

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Tennis Court, Park, Walk/Jog Trails, Golf Course, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University

Lot Info

  • Assessments: 379500.00
  • Acre: 0.07
  • Lot Size: 3132.00
  • Page: 412
  • Parcel Number: M:27 L:0318
  • Zoning: R2

Multi Family

  • Heat Units: 2
  • Total Levels: 2
  • Total Rms: 8
  • No Units: 2
  • Mf Type: 2 Family

Tax Info

  • Taxes: 5484.00
  • Assessor Parcel Number: 2133292

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2020
Closed on
Jul 22, 2020
Sold by
Dunn Kimberly
Bought by
Chung Hong
Seller's Agent
Eric Towne
Buyer's Agent
Charles George
Real Broker MA, LLC
List Price
$549,000
Sold Price
$595,000
Premium/Discount to List
$46,000
8.38%
Current Estimated Value
$778,389

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$183,389
Avg. Annual Appreciation
4.96%
Original Mortgage
$584,223
Outstanding Balance
$513,407
Interest Rate
3.1%
Mortgage Type
FHA
Estimated Equity
$264,982

Purchase Details

Listed on
Aug 7, 2014
Closed on
Oct 28, 2014
Sold by
Sampson Vivian A
Bought by
Dunn Kimberly
Seller's Agent
Paul Herrick
Herrick Lutts Realty Partners
Buyer's Agent
Paul Herrick
Herrick Lutts Realty Partners
List Price
$299,900
Sold Price
$287,500
Premium/Discount to List
-$12,400
-4.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.46%
Original Mortgage
$277,437
Interest Rate
4.1%
Mortgage Type
FHA
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

Date Buyer Sale Price Title Company
Chung Hong $595,000 None Available
Chung Hong $595,000 None Available
Dunn Kimberly $287,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chung Hong $584,223
Closed Chung Hong $584,223
Previous Owner Dunn Kimberly $277,437
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/31/2020 07/31/20 Sold $595,000 +8.4% $329 / Sq Ft
06/08/2020 06/08/20 Pending -- -- --
06/04/2020 06/04/20 For Sale $549,000 +91.0% $303 / Sq Ft
10/28/2014 10/28/14 Sold $287,500 -4.1% $159 / Sq Ft View Prior Sale
09/28/2014 09/28/14 Pending -- -- --
08/07/2014 08/07/14 For Sale $299,900 -- $166 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $7,812 $688,900 $195,600 $493,300
2024 $7,479 $643,600 $185,900 $457,700
2023 $7,317 $584,900 $171,600 $413,300
2022 $7,307 $551,500 $165,900 $385,600
2021 $6,723 $487,200 $154,400 $332,800
2020 $5,484 $379,500 $145,900 $233,600
2019 $5,431 $359,700 $138,400 $221,300
2018 $4,960 $322,500 $131,600 $190,900
2017 $4,595 $289,700 $111,000 $178,700
2016 $4,458 $284,500 $105,800 $178,700
2015 $4,596 $280,100 $97,200 $182,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72668020

MLS Property Information Network (MLS PIN)

APN: SALE-000027-000000-000318

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