NOT LISTED FOR SALE

51 Prince St Unit 1 Salem, MA 01970

The Point Neighborhood

Estimated Value: $324,000 - $377,000

2 Beds
1 Bath
1,042 Sq Ft
$335/Sq Ft Est. Value

Last Sold December 31, 2018

Last sale price $175,000 $168 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $2,151/month

Highlights

  • Medical Services
  • Wood Flooring
  • Park
  • Property is near public transit
  • Main Floor Primary Bedroom
  • 1-minute walk to Mary Jane Lee Park

About This Home

As of April 2023

5 Room, 2 Bedroom And 1 Full Bathroom 1st Floor Unit!. Well - Maintained And Hardwood Floors Though-out. Bonus Room Can Be Used As A 3rd Bedroom. Oversized Kitchen Dinning Area. Gas Cooking With Dishwasher. Laundry Hook- Ups In Basement. 1 Off Street Parking. Small Pets Are Welcomed. Close To Public Transportation, Parks, Schools, Shopping and More.

Last Agent to Rent the Property

Antoinette Lynch

Toner Real Estate, LLC Listed on: 02/03/2023

Last Renter's Agent

Antoinette Lynch

Toner Real Estate, LLC Listed on: 02/03/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,977

Year Built

  • Built in 1915

Lot Details

  • 2,988

Parking

  • 1 Car Parking Space

Home Design

  • Apartment

Interior Spaces

  • 1,042 Sq Ft Home
  • Dining Area
  • Wood Flooring

Kitchen

  • Stove
  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Horace Mann Lab Elementary School
  • Collins Middle School
  • Salem High School

Additional Features

  • 2,988 Sq Ft Lot
  • Forced Air Heating System

Listing and Financial Details

  • Rent includes water
  • 12 Month Lease Term
  • Assessor Parcel Number 4680116

Community Details

Overview

  • Property has a Home Owners Association

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Park

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,977

Year Built

Built in 1915

Lot Details

0

Rental Info

  • Pets Allowed: Yes w/ Restrictions
  • Lease Term: Term of Rental(12)
  • Available Now: Yes
  • Deposit Required: No
  • FIRST MON REQD: Yes
  • INSURANCE REQD: Yes
  • LAST MON REQD: Yes
  • REFERENCES REQD: Yes

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Apartment
  • Year Built: 1915
  • Entry Level: 1
  • CoOp Comp: 0
  • ResoPropertyType: ResidentialLease
  • ResoBuildingAreaSource: Other
  • Special Features: None

Interior Features

  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Disposal,Refrigerator
  • Total Bedrooms: 2
  • Room Bedroom2 Level: First
  • Room Bedroom2 Features: Closet, Flooring - Hardwood
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Features: Closet, Flooring - Hardwood
  • Room Master Bedroom Level: First
  • Room Dining Room Features: Flooring - Hardwood
  • Room Dining Room Level: First
  • Room Kitchen Level: First
  • Room Kitchen Features: Closet, Dining Area, Exterior Access, Gas Stove
  • Laundry Features: In Building
  • Room Living Room Level: First
  • Room Living Room Features: Flooring - Hardwood
  • Living Area: 1042
  • MAIN LO: AC1714
  • LIST PRICE PER Sq Ft: 2.11
  • PRICE PER Sq Ft: 2.11
  • MAIN SO: AC1714

Exterior Features

  • Waterfront YN: No

Garage/Parking

  • Total Parking Spaces: 1

Utilities

  • Heating: Forced Air
  • Heating YN: Yes

Condo/Co-op/Association

  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Park, Medical Facility, Laundromat, House of Worship, Public School, T-Station, University
  • Rent Includes: Water
  • UNIT BUILDING: 1

Lot Info

  • Parcel Number: 4680116
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 2988
  • Lot Size Units: Acres
  • Property Attached YN: Yes
  • ResoLotSizeUnits: Acres

Multi Family

  • Basement Included Sq Ft: No

MLS Schools

  • High School: Salem High
  • Elementary School: Horace Mann Lab
  • Middle Or Junior School: Collins Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2018
Closed on
Dec 18, 2018
Sold by
Bank New York Mellon Tr
Bought by
Hyde Beneficial T
Seller's Agent
David M. Ryder
Ryder Realty, Inc.
Buyer's Agent
David M. Ryder
Ryder Realty, Inc.
List Price
$192,900
Sold Price
$175,000
Premium/Discount to List
-$17,900
-9.28%
Current Estimated Value
$349,313

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,313
Avg. Annual Appreciation
10.80%

Purchase Details

Closed on
Oct 19, 2018
Sold by
Ribeiro Denise
Bought by
Bank New York Mellon T

Purchase Details

Closed on
May 23, 2007
Sold by
51 Prince Rt
Bought by
Ribeiro Denise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,200
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Hyde Beneficial T $175,000 --
Bank New York Mellon T $187,000 --
Ribeiro Denise $228,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hyde Beneficial T $175,000
Previous Owner Ribeiro Denise $205,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2023 04/05/23 Rented $2,200 0.0% --
03/27/2023 03/27/23 Under Contract -- -- --
03/24/2023 03/24/23 Price Changed $2,200 -8.3% $2 / Sq Ft
03/09/2023 03/09/23 Price Changed $2,400 -4.0% $2 / Sq Ft
02/21/2023 02/21/23 Price Changed $2,500 -3.8% $2 / Sq Ft
02/03/2023 02/03/23 For Rent $2,600 0.0% --
12/31/2018 12/31/18 Sold $175,000 -4.3% $168 / Sq Ft
12/07/2018 12/07/18 Pending -- -- --
12/03/2018 12/03/18 Price Changed $182,900 -5.2% $176 / Sq Ft
10/24/2018 10/24/18 For Sale $192,900 -- $185 / 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 $2,977 $262,500 $0 $262,500
2024 $2,904 $249,900 $0 $249,900
2023 $2,803 $224,100 $0 $224,100
2022 $2,715 $204,900 $0 $204,900
2021 $2,672 $193,600 $0 $193,600
2020 $2,636 $182,400 $0 $182,400
2019 $2,499 $165,500 $0 $165,500
2018 $2,256 $146,700 $0 $146,700
2017 $2,209 $139,300 $0 $139,300
2016 $2,032 $129,700 $0 $129,700
2015 $1,977 $120,500 $0 $120,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73076149

MLS Property Information Network (MLS PIN)

APN: SALE-000034-000000-000160-000801-000801