NOT LISTED FOR SALE

5 Willow Ave Salem, MA 01970

South Salem Neighborhood

Estimated Value: $758,637 - $823,000

4 Beds
3 Baths
2,229 Sq Ft
$361/Sq Ft Est. Value

Last Sold June 29, 2018

Last sale price $513,000 $230 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $4,954/month

6 Days on Market

About This Home

As of June 2018

Located in South Salem you will find this terrific two family property with steps to the water at the end of the street, minutes to Forest River Park and Salem University! First floor offers a living room , dining room, eat -in kitchen and bedroom. Second unit is made up of two levels with 8 rooms & two baths. Same layout as first floor but the top level offers three more bedrooms and a community bonus room. Low maintenance fenced in backyard with patio area . Separate utilities, gas heating, replacement windows , garage and tandem parking. You won't want to miss out on this one! Property to be vacant of all tenants June 1st. SHOWINGS BEGIN AT COMMUTER OH MONDAY 5/21 5-6:30PM

Last Agent to Sell the Property

Joyce Cucchiara

Coldwell Banker Realty - Lynnfield Listed on: 05/18/2018

Coldwell Banker Realty - Lynnfield

Last Buyer's Agent

Dana Bull

Compass

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,995

Year Built

  • Built in 1900

Lot Details

  • 2,614

Parking

  • 1 Car Garage

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Utilities

  • Water Holding Tank
  • Natural Gas Water Heater

Additional Features

  • Basement

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,995

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Property Type: Multi-family
  • Other Agent: 2.00
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 213.06
  • Comp Based On: Net Sale Price
  • Year Built: 1900
  • Lead Paint: Unknown
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1900

Interior Features

  • Flooring: Wood, Vinyl, Wall to Wall Carpet
  • Total Flrs: 3
  • No Bedrooms: 4
  • Total Brs: 4
  • Full Bathrooms: 3
  • Total Fbh: 3
  • No Rooms: 12
  • Basement: Y
  • Basement Features: Full, Concrete Floor
  • Main Lo: K95001
  • Main So: AN4471
  • Estimated Sq Ft: 2229.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 3/10 to 1/2 Mile
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Shingles, Wood
  • Foundation: Fieldstone
  • Foundation Size: 39 x 22

Garage/Parking

  • Parking Feature: Off-Street, Tandem
  • Parking Spaces: 3
  • Garage Spaces: 1

Utilities

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

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Medical Facility, House of Worship, Public School

Schools

  • High School: SHS

Lot Info

  • Assessments: 371400.00
  • Lot: 450
  • Acre: 0.06
  • Lot Size: 2450.00
  • Page: 355
  • Zoning: R1
  • Lot Description: Paved Drive, Cleared

Green Features

  • Energy Features: Insulated Windows

Multi Family

  • Heat Units: 2
  • Total Levels: 3
  • Total Rms: 12
  • No Units: 2
  • Mf Type: 2 Family

Tax Info

  • Taxes: 5712.13
  • Assessor Parcel Number: 2135047

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2018
Closed on
Jun 29, 2018
Sold by
Corcoran Patrick and Corcoran Renee
Bought by
Tatkow Matthew
Seller's Agent
Joyce Cucchiara
Coldwell Banker Realty - Lynnfield
Buyer's Agent
Dana Bull
Compass
List Price
$474,900
Sold Price
$513,000
Premium/Discount to List
$38,100
8.02%
Current Estimated Value
$803,909

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$290,909
Avg. Annual Appreciation
5.61%
Original Mortgage
$487,350
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 21, 2015
Closed on
May 27, 2015
Sold by
Lavoie Carl R and Lavoie Ellen E
Bought by
Corcoran Patrick and Corcoran Renee
Seller's Agent
Virginia Carson
Tache Real Estate, Inc.
Buyer's Agent
Joyce Cucchiara
Coldwell Banker Realty - Lynnfield
List Price
$359,900
Sold Price
$365,000
Premium/Discount to List
$5,100
1.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.65%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Tatkow Matthew $513,000 --
Corcoran Patrick $365,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tatkow Matthew $483,000
Closed Tatkow Matthew $487,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2018 06/29/18 Sold $513,000 +8.0% $230 / Sq Ft
05/24/2018 05/24/18 Pending -- -- --
05/18/2018 05/18/18 For Sale $474,900 +30.1% $213 / Sq Ft
05/27/2015 05/27/15 Sold $365,000 +1.4% $164 / Sq Ft
04/27/2015 04/27/15 Pending -- -- --
04/21/2015 04/21/15 For Sale $359,900 -- $161 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

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 $6,995 $616,800 $192,100 $424,700
2024 $6,716 $578,000 $182,600 $395,400
2023 $6,508 $520,200 $168,500 $351,700
2022 $6,648 $501,700 $162,900 $338,800
2021 $6,330 $458,700 $151,700 $307,000
2020 $6,195 $428,700 $143,200 $285,500
2019 $6,146 $407,000 $135,900 $271,100
2018 $5,712 $371,400 $129,200 $242,200
2017 $5,342 $336,800 $109,000 $227,800
2016 $5,198 $331,700 $103,900 $227,800
2015 -- $308,400 $95,500 $212,900
Source: Public Records

Agents Affiliated with this Home

  • Joyce Cucchiara

    Seller's Agent in 2018

    Joyce Cucchiara

    Coldwell Banker Realty - Lynnfield

    (978) 808-1597

    198 Total Sales

    Joyce Cucchiara
    Section Image
  • Dana Bull

    Buyer's Agent in 2018

    Dana Bull

    Compass

    (978) 501-6971

    2 in this area

    8 Total Sales

    Dana Bull
    Section Image

  • V

    Seller's Agent in 2015

    Virginia Carson

    Tache Real Estate, Inc.

    (845) 235-7465

    10 Total Sales

    Virginia Carson
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72330458

MLS Property Information Network (MLS PIN)

APN: SALE-000033-000000-000450

Massachusetts Essex County Salem 01970 South Salem

5 Willow Ave, Salem, MA

This home is located at 5 Willow Ave, Salem, MA 01970 since 18 May 2018 and is currently estimated at $803,909, approximately $360 per square foot. This property was built in 1900. 5 Willow Ave is a home located in Essex County with nearby schools including Saltonstall School, Carlton Elementary School, and Horace Mann Laboratory.

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.

MLS Property Information Network (MLS PIN) 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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