L
Landlord's Agent in 2023
Lindsay Otis
William Raveis R.E. & Home Services
5 in this area
10 Total Sales
5 Summit Ave Unit 1 Salem, MA 01970
South Salem NeighborhoodEstimated Value: $786,000 - $1,097,000
3
Beds
1
Bath
1,900
Sq Ft
$499/Sq Ft
Est. Value
Highlights
- Marina
- Property is near public transit
- No HOA
- Medical Services
- Main Floor Primary Bedroom
- Community Pool
About This Home
As of July 2023Location, location, location! Summit Avenue is a lovely, quiet street just a few blocks from the ocean and less than a mile to the heart of bustling downtown Salem filled with shops, Museums, restaurants and tourist attractions. Additionally, you have access to the beautiful serene oasis of Forest River Park with a walking/bike path to enjoy, playground and a brand new public pool/splash pad. This bright, spacious apartment has lovely details throughout including hardwood floors, oversized windows, and two porches. It offers three large bedrooms, a small outdoor space for grilling, off-street parking and even a garage with keypad for parking (perfect for snow storms!) and storage. Washer and dryer hookups are available in the basement. Lease starts August 1st with a one year minimum.
Last Agent to Rent the Property
William Raveis R.E. & Home Services Listed on: 06/30/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,410
Year Built
- Built in 1902
Lot Details
- 5,000
Parking
- 1 Car Garage
Home Design
- Apartment
- Entry on the 1st floor
Interior Spaces
- 1,900 Sq Ft Home
- Laundry in Basement
- Range
- Washer and Dryer Hookup
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom on Main
- 1 Full Bathroom
Location
- Property is near public transit
- Property is near schools
Utilities
- No Cooling
- Heating System Uses Oil
- Hot Water Heating System
Additional Features
- Porch
- 5,000 Sq Ft Lot
Listing and Financial Details
- Security Deposit $1,000
- Rent includes water, trash collection, snow removal, parking
- 12 Month Lease Term
- Assessor Parcel Number 2135209
Community Details
Overview
- No Home Owners Association
- Near Conservation Area
Amenities
- Medical Services
- Shops
Recreation
- Marina
- Community Pool
- Park
- Jogging Path
- Bike Trail
Pet Policy
- Call for details about the types of pets allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 19, 2022
Sold by
Corneau Arleen D and Corneau David
Bought by
Corneau David
Current Estimated Value
Purchase Details
Closed on
Aug 21, 2008
Sold by
Morris Rt
Bought by
Comeau Arleen D
Purchase Details
Closed on
Jul 5, 1991
Sold by
Axelrod Minnie S
Bought by
Morris Morris Ruth Ruth and Milton Morris
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Corneau David | -- | None Available | |
| Comeau Arleen D | -- | -- | |
| Morris Morris Ruth Ruth | $106,000 | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/11/2023 07/11/23 | Rented | $2,750 | 0.0% | -- |
| 07/11/2023 07/11/23 | Under Contract | -- | -- | -- |
| 06/30/2023 06/30/23 | For Rent | $2,750 | +12.2% | -- |
| 06/30/2022 06/30/22 | Rented | $2,450 | +2.1% | -- |
| 06/17/2022 06/17/22 | Under Contract | -- | -- | -- |
| 06/12/2022 06/12/22 | For Rent | $2,400 | -- | -- |
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 | $11,410 | $1,006,200 | $205,200 | $801,000 |
| 2024 | $10,369 | $892,300 | $195,000 | $697,300 |
| 2023 | $10,053 | $803,600 | $180,000 | $623,600 |
| 2022 | $10,047 | $758,300 | $174,000 | $584,300 |
| 2021 | $8,864 | $642,300 | $162,000 | $480,300 |
| 2020 | $8,326 | $576,200 | $153,000 | $423,200 |
| 2019 | $8,168 | $540,900 | $145,200 | $395,700 |
| 2018 | $7,667 | $498,500 | $138,000 | $360,500 |
| 2017 | $7,564 | $476,900 | $116,400 | $360,500 |
| 2016 | $7,388 | $471,500 | $111,000 | $360,500 |
| 2015 | $7,015 | $427,500 | $102,000 | $325,500 |
Source: Public Records
Agents Affiliated with this Home
-
Lindsay Otis
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73131062
APN: SALE-000033-000000-000587
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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