Paul Conti
Paul Conti Real Estate
(339) 888-9353
114 Total Sales
1 in Downtown Salem
$254,900 Price
5 Winthrop St Salem, MA 01970
Downtown Salem NeighborhoodEstimated Value: $938,000 - $1,049,000
6
Beds
3
Baths
3,055
Sq Ft
$321/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Porch
- 3-minute walk to Bunny Puttman Park
About This Home
As of May 2019Investment opportunity! Rarely available spacious 2 family off the McIntire Historic District. The 1st floor unit consists of 2 bedrooms, 1 bath, living room, dining room, eat-in kitchen w/ pantry, and plenty of storage! This unit rents for $1950/month and can be used as a 3 bedroom unit. The 2nd unit is a townhouse style with the same layout PLUS 3 bedrooms, a living room, and 2nd full bath on the 3rd floor! This unit rents for $2500/month and can be used as a 6 bedroom unit. Replacement windows, refinished HW floors, high ceilings, and many period details! Separate gas heating, hot water, updated C/B panels. Laundry hookups in the basement with tons of room for storage. Maintenance free yard and 3-car parking side-by-side. Walking distance to the commuter rail and downtown Salem! Leases are in place, rents have room to grow overtime making this investment an even better opportunity!
Last Buyer's Agent
Stephanie Mancinelli
RE/MAX Platinum License #448554258
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1870
Lot Details
- 2,614
Interior Spaces
- Window Screens
- Basement
Flooring
- Wood
- Tile
Outdoor Features
- Rain Gutters
- Porch
Listing and Financial Details
- Assessor Parcel Number M:25 L:0548
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 3, 2019
Closed on
May 3, 2019
Sold by
Bought by
Seller's Agent
Connolly Gallo Team
RE/MAX 360
Buyer's Agent
Stephanie Mancinelli
RE/MAX Platinum
List Price
$599,900
Sold Price
$650,000
Premium/Discount to List
$50,100
8.35%
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
$330,385
Avg. Annual Appreciation
5.79%
Original Mortgage
$470,250
Interest Rate
4%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 31, 2018
Sold by
Bought by
Purchase Details
Listed on
Jul 6, 2017
Closed on
Oct 6, 2017
Sold by
Bought by
Seller's Agent
Pam McKee
Keller Williams Realty Evolution
Buyer's Agent
Connolly Gallo Team
RE/MAX 360
List Price
$529,000
Sold Price
$521,000
Premium/Discount to List
-$8,000
-1.51%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.38%
Original Mortgage
$390,750
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Apr 17, 1998
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Downtown Salem, MA
-
Paul Conti
-
North Star Group
North Star Group
Real Broker MA, LLC
(857) 240-5268
110 Total Sales
1 in Downtown Salem
$395,000 Price
-
Michelle Doyle
Michelle Doyle
Flow Realty, Inc.
(978) 690-4362
50 Total Sales
1 in Downtown Salem
$540,000 Price
-
Virginia Todd
Virginia Todd
Leading Edge Real Estate
(857) 323-6892
50 Total Sales
1 in Downtown Salem
$350,900 Price
-
Carol St. Pierre
Carol St. Pierre
Tache Real Estate, Inc.
(781) 776-5893
40 Total Sales
1 in Downtown Salem
$1,010,000 Price
-
David Brown
David Brown
Coldwell Banker Realty - Beverly
(339) 666-1240
63 Total Sales
1 in Downtown Salem
$660,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $650,000 | -- | ||
| -- | -- | ||
| $521,000 | -- | ||
| $177,500 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $522,281 | ||
| Closed | $525,000 | ||
| Closed | $520,000 | ||
| Closed | $470,250 | ||
| Previous Owner | $390,750 | ||
| Previous Owner | $339,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/08/2019 05/08/19 | Sold | $650,000 | +8.4% | $213 / Sq Ft | |
| 04/09/2019 04/09/19 | Pending | -- | -- | -- | |
| 04/03/2019 04/03/19 | For Sale | $599,900 | +15.1% | $196 / Sq Ft | |
| 10/06/2017 10/06/17 | Sold | $521,000 | -1.5% | $171 / Sq Ft | View Prior Sale |
| 08/10/2017 08/10/17 | Pending | -- | -- | -- | |
| 07/06/2017 07/06/17 | For Sale | $529,000 | -- | $173 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $9,070 | $799,800 | $192,900 | $606,900 |
| 2024 | $8,361 | $719,500 | $183,300 | $536,200 |
| 2023 | $8,129 | $649,800 | $169,200 | $480,600 |
| 2022 | $8,114 | $612,400 | $163,600 | $448,800 |
| 2021 | $7,678 | $556,400 | $152,300 | $404,100 |
| 2020 | $6,800 | $470,600 | $143,800 | $326,800 |
| 2019 | $7,503 | $496,900 | $136,500 | $360,400 |
| 2018 | $6,919 | $449,900 | $129,700 | $320,200 |
| 2017 | $5,873 | $370,300 | $109,400 | $260,900 |
| 2016 | $5,723 | $365,200 | $104,300 | $260,900 |
| 2015 | $5,389 | $328,400 | $95,900 | $232,500 |
Source: Public Records
Agents Affiliated with this Home
-
Connolly Gallo Team
Seller's Agent in 2019
Connolly Gallo Team
RE/MAX 360
(978) 808-6718
1 in this area
70 Total Sales
-
S
Buyer's Agent in 2019
Stephanie Mancinelli
Re/Max Platinum
-
Pam McKee
Seller's Agent in 2017
Pam McKee
Keller Williams Realty Evolution
(978) 500-4047
18 in this area
73 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72475371
APN: SALE-000025-000000-000548
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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