5 Wall St Salem, MA 01970
Gallows Hill NeighborhoodEstimated Value: $660,216 - $771,000
5
Beds
2
Baths
1,736
Sq Ft
$413/Sq Ft
Est. Value
Highlights
- Medical Services
- Granite Flooring
- Patio
- Solar Power System
- Property is near public transit
- Park
About This Home
As of June 2022Wonderful 2-family opportunity in desirable Witchcraft Heights, sighted on a quiet side street with amazing outdoor space: wonderful, fully fenced, flat yard with patio area, gardens and fruit trees. Unit one, on the first floor offers an updated kitchen and bath with large walk-in shower, a living room, and two bedrooms. The second unit, also with tastefully updated kitchen and bath has two floors. The first level has the living room, kitchen, bathroom, dining area and a small bonus area suitable for an office nook or pantry; with three bedrooms upstairs. Perfect opportunity for buyers combining families or to rent one unit to contribute to paying the mortgage. Enjoy the cost efficiency of solar panels. So many updates: ask for the improvement sheet. Open Saturday and Sunday (5/21 and 5/22) from 12-1:30pm. Street parking is limited so scheduling an appointed time is encouraged.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,628
Year Built
- Built in 1870 | Remodeled
Lot Details
- 5,850 Sq Ft Lot
- Property fronts an easement
- Stone Wall
- Level Lot
- Garden
Home Design
- Stone Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 1,736 Sq Ft Home
- Property has 1 Level
- Storage
- Washer and Dryer Hookup
- Storm Doors
Kitchen
- Microwave
- Plumbed For Ice Maker
- Dishwasher
Flooring
- Wood
- Laminate
- Granite
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Full Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
- Block Basement Construction
Parking
- 4 Car Parking Spaces
- Driveway
- Paved Parking
- Open Parking
- Off-Street Parking
Eco-Friendly Details
- Solar Power System
Outdoor Features
- Patio
- Rain Gutters
Location
- Property is near public transit
- Property is near schools
Schools
- Witchcraft Hts. Elementary School
- Salem Middle School
- Salem High School
Utilities
- 2 Heating Zones
- Heating Available
- Separate Meters
- Natural Gas Connected
- Tankless Water Heater
Listing and Financial Details
- Assessor Parcel Number M:15 L:0079,2128510
Community Details
Overview
- 2 Units
Amenities
- Medical Services
- Shops
Recreation
- Park
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 22, 2017
Closed on
Nov 17, 2017
Sold by
Bowie Alemnji George and Bowie Maryland
Bought by
Pena Jenny J
Seller's Agent
Kathy Sullivan
RE/MAX Beacon
Buyer's Agent
Shari McStay
Keller Williams Realty Evolution
List Price
$369,000
Sold Price
$385,000
Premium/Discount to List
$16,000
4.34%
Total Days on Market
5
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
$331,804
Avg. Annual Appreciation
8.41%
Original Mortgage
$365,750
Interest Rate
3.85%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 11, 2009
Sold by
Mcglone Richard C and Mcglone Randall S
Bought by
Alemnji George
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,834
Interest Rate
4.82%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 9, 2003
Sold by
Mcglone Joanne M and Mcglone Richard C
Bought by
Mcglone Richard C
Similar Homes in the area
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 |
|---|---|---|---|
| Pena Jenny J | $385,000 | -- | |
| Alemnji George | $230,000 | -- | |
| Mcglone Richard C | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Pena Jenny J | $414,000 | |
| Closed | Harts Hill Llc | $200,000 | |
| Closed | Pena Jenny J | $365,750 | |
| Previous Owner | Jacques Brian R | $226,623 | |
| Previous Owner | Jacques Brian R | $225,834 | |
| Previous Owner | Jacques Brian R | $113,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/30/2022 06/30/22 | Sold | $670,000 | +4.7% | $386 / Sq Ft |
| 05/24/2022 05/24/22 | Pending | -- | -- | -- |
| 05/18/2022 05/18/22 | For Sale | $639,900 | +66.2% | $369 / Sq Ft |
| 11/17/2017 11/17/17 | Sold | $385,000 | +4.3% | $243 / Sq Ft |
| 09/02/2017 09/02/17 | Pending | -- | -- | -- |
| 08/22/2017 08/22/17 | For Sale | $369,000 | -- | $233 / 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 | $7,107 | $626,700 | $209,600 | $417,100 |
| 2024 | $6,812 | $586,200 | $199,100 | $387,100 |
| 2023 | $6,615 | $528,800 | $183,800 | $345,000 |
| 2022 | $6,628 | $500,200 | $177,700 | $322,500 |
| 2021 | $6,298 | $456,400 | $165,400 | $291,000 |
| 2020 | $6,096 | $421,900 | $156,300 | $265,600 |
| 2019 | $6,038 | $399,900 | $148,300 | $251,600 |
| 2018 | $5,604 | $364,400 | $140,900 | $223,500 |
| 2017 | $5,208 | $328,400 | $118,900 | $209,500 |
| 2016 | $5,060 | $322,900 | $113,400 | $209,500 |
| 2015 | $4,903 | $298,800 | $104,200 | $194,600 |
Source: Public Records
Agents Affiliated with this Home
-
Shari McStay
Seller's Agent in 2022
Shari McStay
Keller Williams Realty Evolution
(978) 590-9190
2 in this area
152 Total Sales
-
Steven McStay
S
Seller Co-Listing Agent in 2022
Steven McStay
Keller Williams Realty Evolution
(978) 210-5402
2 in this area
75 Total Sales
-
Coa Realty Group
Buyer's Agent in 2022
Coa Realty Group
Empire Real Estate™
(617) 545-5505
1 in this area
82 Total Sales
-
Kathy Sullivan
Seller's Agent in 2017
Kathy Sullivan
RE/MAX
(781) 771-9949
62 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72983203
APN: SALE-000015-000000-000079
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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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