5 Pickman Rd Salem, MA 01970
South Salem NeighborhoodEstimated Value: $677,000 - $781,596
3
Beds
2
Baths
1,492
Sq Ft
$496/Sq Ft
Est. Value
Highlights
- Golf Course Community
- Property is near public transit
- 2 Car Detached Garage
- Colonial Architecture
- Wood Flooring
- Enclosed patio or porch
About This Home
As of September 2021Contractors, investors, come and check out your next project! This property is in an ideal location, minutes to Salem State! Those with a vision must come and see this diamond in the rough! You will be welcomed by a large 27X8 enclosed porch, which takes you into a spacious side hall entryway, First floor has living room, dinning room and kitchen with a half bath. Second floor with 3 bedrooms and a full bath. Clean basement with working toilet and double soap sink, perfect for those who want a workspace. “Bonus” two car garage with wood stove. This home is looking for someone to bring it back to its full potential!
Last Listed By
Lucia Ponte
Trinity Real Estate Listed on: 09/01/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,831
Year Built
- Built in 1907
Lot Details
- 6,970 Sq Ft Lot
- Near Conservation Area
- Garden
- Property is zoned R1
Parking
- 2 Car Detached Garage
- Tandem Parking
- Driveway
- Open Parking
- Off-Street Parking
Home Design
- Colonial Architecture
- Stone Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 1,492 Sq Ft Home
- French Doors
- Living Room with Fireplace
- Basement Fills Entire Space Under The House
- Range
- Washer and Electric Dryer Hookup
Flooring
- Wood
- Tile
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary bedroom located on second floor
- 2 Full Bathrooms
Outdoor Features
- Bulkhead
- Enclosed patio or porch
- Rain Gutters
Location
- Property is near public transit
- Property is near schools
Utilities
- No Cooling
- Heating System Uses Oil
- Pellet Stove burns compressed wood to generate heat
- Hot Water Heating System
- 200+ Amp Service
- Oil Water Heater
Listing and Financial Details
- Tax Lot 0015
- Assessor Parcel Number 2133754
Community Details
Amenities
- Shops
- Coin Laundry
Recreation
- Golf Course Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 1, 2021
Closed on
Sep 29, 2021
Sold by
Rocheleau Charles P
Bought by
Black Roof Properties Llc
Seller's Agent
Lucia Ponte
Trinity Real Estate
Buyer's Agent
Lucia Ponte
Trinity Real Estate
List Price
$399,900
Sold Price
$325,000
Premium/Discount to List
-$74,900
-18.73%
Total Days on Market
7
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
$414,649
Avg. Annual Appreciation
24.43%
Original Mortgage
$475,000
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Listed on
Sep 1, 2021
Closed on
Aug 9, 2021
Sold by
Lipsett 2020 T
Bought by
Rocheleau Charles P
Seller's Agent
Lucia Ponte
Trinity Real Estate
Buyer's Agent
Lucia Ponte
Trinity Real Estate
List Price
$399,900
Sold Price
$325,000
Premium/Discount to List
-$74,900
-18.73%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 7, 2020
Sold by
Lipsett Chester D
Bought by
Lipsett 2020 T
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Similar Homes in Salem, MA
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Black Roof Properties Llc | $325,000 | None Available | |
| Rocheleau Charles P | -- | None Available | |
| Lipsett 2020 T | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Abel Brendon | $616,500 | |
| Closed | Black Roof Properties Llc | $475,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/29/2021 09/29/21 | Sold | $325,000 | -18.7% | $218 / Sq Ft |
| 09/09/2021 09/09/21 | Pending | -- | -- | -- |
| 09/01/2021 09/01/21 | For Sale | $399,900 | -- | $268 / 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 | $7,679 | $677,200 | $222,300 | $454,900 |
| 2024 | $7,409 | $637,600 | $209,800 | $427,800 |
| 2023 | $7,027 | $561,700 | $191,000 | $370,700 |
| 2022 | $4,922 | $371,500 | $175,400 | $196,100 |
| 2021 | $4,831 | $350,100 | $162,800 | $187,300 |
| 2020 | $4,805 | $332,500 | $159,700 | $172,800 |
| 2019 | $4,760 | $315,200 | $150,300 | $164,900 |
| 2018 | $4,574 | $297,400 | $140,300 | $157,100 |
| 2017 | $4,745 | $299,200 | $131,500 | $167,700 |
| 2016 | $4,808 | $306,800 | $131,500 | $175,300 |
| 2015 | $4,614 | $281,200 | $115,900 | $165,300 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2021
Lucia Ponte
Trinity Real Estate
(781) 883-8130
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72888787
APN: SALE-000031-000000-000015
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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