Seller's Agent in 2018
Mitch Levine
RE/MAX
(781) 883-6460
36 Total Sales
5 Lee St Salem, MA 01970
North Salem NeighborhoodEstimated Value: $809,000 - $947,000
3
Beds
3
Baths
1,632
Sq Ft
$540/Sq Ft
Est. Value
Highlights
- Covered Deck
- Tankless Water Heater
- Water Treatment System
- Wood Flooring
- French Doors
- Central Heating
About This Home
As of August 2018Classic center entrance colonial on a beautifully tree lined street. Exceptional period detail, updated open kitchen and dining area leads to private back deck and nice yard, great for children and entertaining. Thermador fridge and gas stove. Bosch D.W. Gas grilled plumbed into home.Front to back living room and 1/2 bath on main level. Three nicely sized bedrooms, 2 full baths, ( one is a master bath) and laundry on second level. Walk in closet in master as well. Great ceiling height throughout. Full basement, 2 car garage, Four car driveway. Walk to playgrounds and water. Close to commuter rail station and Downtown Salem. An excellent family home and neighborhood.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,519
Year Built
- Built in 1915
Lot Details
- 7,405
Parking
- 1 Car Garage
Kitchen
- Built-In Oven
- Built-In Range
- Range Hood
- Dishwasher
- Disposal
Flooring
- Wood
- Tile
Laundry
- Dryer
- Washer
Utilities
- Window Unit Cooling System
- Central Heating
- Heating System Uses Steam
- Heating System Uses Oil
- Water Treatment System
- Tankless Water Heater
- Natural Gas Water Heater
- Cable TV Available
Additional Features
- French Doors
- Covered Deck
- Property is zoned R-!
- Basement
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 20, 2018
Closed on
Aug 1, 2018
Sold by
Connolly Amy and Connolly Patrick
Bought by
Odonnell Emma
Seller's Agent
Mitch Levine
RE/MAX Beacon
Buyer's Agent
Mary Lochner Hurwitz
Coldwell Banker Realty - Brookline
List Price
$539,000
Sold Price
$535,000
Premium/Discount to List
-$4,000
-0.74%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$346,978
Avg. Annual Appreciation
7.19%
Original Mortgage
$428,000
Outstanding Balance
$366,485
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$515,493
Purchase Details
Listed on
Aug 7, 2014
Closed on
Sep 26, 2014
Sold by
Arvanites Douglas H and Arvanites Angela W
Bought by
Connolly Patrick and Connolly Amy
Seller's Agent
Tina McManus
J. Barrett & Company
Buyer's Agent
Mitch Levine
RE/MAX Beacon
List Price
$419,900
Sold Price
$425,900
Premium/Discount to List
$6,000
1.43%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.10%
Original Mortgage
$340,700
Interest Rate
4.12%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 6, 2006
Sold by
Eastern Bank Tr
Bought by
Arvanites Douglas H
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$298,800
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Odonnell Emma | $535,000 | -- | |
| Connolly Patrick | $425,900 | -- | |
| Arvanites Douglas H | $373,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Odonnell Emma | $428,000 | |
| Previous Owner | Connolly Patrick | $340,700 | |
| Previous Owner | Arvanites Douglas H | $284,000 | |
| Previous Owner | Arvanites Douglas H | $298,800 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/01/2018 08/01/18 | Sold | $535,000 | -0.7% | $328 / Sq Ft | |
| 05/20/2018 05/20/18 | Pending | -- | -- | -- | |
| 05/20/2018 05/20/18 | For Sale | $539,000 | +26.6% | $330 / Sq Ft | |
| 09/26/2014 09/26/14 | Sold | $425,900 | 0.0% | $261 / Sq Ft | View Prior Sale |
| 09/16/2014 09/16/14 | Pending | -- | -- | -- | |
| 08/11/2014 08/11/14 | Off Market | $425,900 | -- | -- | |
| 08/07/2014 08/07/14 | For Sale | $419,900 | -- | $257 / 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 | $8,519 | $751,200 | $213,600 | $537,600 |
| 2024 | $8,452 | $727,400 | $213,600 | $513,800 |
| 2023 | $8,069 | $645,000 | $194,400 | $450,600 |
| 2022 | $7,815 | $589,800 | $194,400 | $395,400 |
| 2021 | $8,054 | $583,600 | $194,400 | $389,200 |
| 2020 | $7,527 | $520,900 | $174,000 | $346,900 |
| 2019 | $6,467 | $428,300 | $174,000 | $254,300 |
| 2018 | $6,043 | $392,900 | $165,800 | $227,100 |
| 2017 | $5,906 | $372,400 | $153,000 | $219,400 |
| 2016 | $5,836 | $372,400 | $153,000 | $219,400 |
| 2015 | $5,908 | $360,000 | $153,000 | $207,000 |
Source: Public Records
Agents Affiliated with this Home
-
Mitch Levine
-
Maggie Slavet
Seller Co-Listing Agent in 2018
Maggie Slavet
RE/MAX
(413) 222-0362
39 Total Sales
-
Mary Lochner Hurwitz
Buyer's Agent in 2018
Mary Lochner Hurwitz
Coldwell Banker Realty - Brookline
(617) 792-3556
1 in this area
38 Total Sales
-
Tina McManus
Seller's Agent in 2014
Tina McManus
J. Barrett & Company
(978) 473-2154
2 in this area
12 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72331043
APN: SALE-000027-000000-000486
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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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