Seller's Agent in 2024
Mimi Smith
J. Barrett & Company
(978) 828-4430
2 in this area
2 Total Sales
51 Summit Ave Salem, MA 01970
South Salem NeighborhoodEstimated Value: $993,000 - $1,072,000
4
Beds
3
Baths
4,439
Sq Ft
$231/Sq Ft
Est. Value
Highlights
- Marina
- Waterfront
- Property is near public transit
- Medical Services
- Open Floorplan
- 4-minute walk to Forest River Park
About This Home
As of July 2024Exceptional 2 Family Victorian around the corner from beautiful Forest River Park, beach & minutes to Salem State University. Perfect home for family+in-law/rental/Air B&B. Lovely combination of old & new. High ceilings, HW floors, hand-crafted moldings, large windows, & pocket doors. "Owner's" unit consists of two floors with central air. Renovated kitchen w/ custom cabinets, granite counters, large island and breakfast nook, 2-bedrooms, tiled bath, LR & DR. Entire top story is the primary suite which includes bath, walk-in closet, laundry & storage. First floor is a charming, light filled 1-bedroom, 1-bath unit with large LR, DR w/ FP, & kitchen. Walk-out basement with classic bar. Detached, oversized garage. Low maintenance backyard. Please allow 48 hours for offer to be reviewed.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,444
Year Built
- Built in 1880
Lot Details
- 7,161 Sq Ft Lot
- Waterfront
- Level Lot
Home Design
- Brick Foundation
- Stone Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 4,439 Sq Ft Home
- Property has 1 Level
- Open Floorplan
- Crown Molding
- Cathedral Ceiling
- Skylights
- Gas Fireplace
- Insulated Windows
- Insulated Doors
- Family Room
- Living Room
- Dining Room
- Home Office
- Storage
Kitchen
- Range with Range Hood
- Dishwasher
- Solid Surface Countertops
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Walk-In Closet
- 3 Full Bathrooms
- Bathtub with Shower
- Separate Shower
Laundry
- Dryer
- Washer
Partially Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Parking
- 4 Car Parking Spaces
- Driveway
- Open Parking
- Off-Street Parking
Eco-Friendly Details
- Energy-Efficient Thermostat
Outdoor Features
- Balcony
- Patio
- Rain Gutters
- Porch
Location
- Property is near public transit
- Property is near schools
Schools
- Collins Middle School
- Salem High School
Utilities
- Window Unit Cooling System
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Heating System Uses Oil
- Hot Water Heating System
- High Speed Internet
Listing and Financial Details
- Assessor Parcel Number M:33 L:0721,2135351
Community Details
Overview
- 2 Units
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Marina
- Park
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 4, 2010
Sold by
Underhill Larry G and Underhill Kimberly A
Bought by
Underhill Larry G and Underhill Kimberly A
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$386,600
Interest Rate
4.73%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 28, 2007
Sold by
Mcewan Donald and Mcewan Ida M
Bought by
Underhill Larry G
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 |
|---|---|---|---|
| Underhill Larry G | -- | -- | |
| Underhill Larry G | -- | -- | |
| Underhill Larry G | $493,500 | -- | |
| Underhill Larry G | $493,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Jenifer L Kelly 2015 Lt | $150,000 | |
| Closed | J L Kelly 2015 Lt 2021 | $25,862 | |
| Open | Jenifer L Kelly 2015 Lt | $555,000 | |
| Closed | Jenifer L Kelly 2015 Lt | $555,000 | |
| Closed | Mcewan Donald | $386,600 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/31/2024 07/31/24 | Sold | $972,000 | -1.7% | $219 / Sq Ft |
| 06/26/2024 06/26/24 | Pending | -- | -- | -- |
| 06/17/2024 06/17/24 | For Sale | $989,000 | +9.3% | $223 / Sq Ft |
| 05/27/2022 05/27/22 | Sold | $905,000 | +11.0% | $204 / Sq Ft |
| 03/28/2022 03/28/22 | Pending | -- | -- | -- |
| 03/23/2022 03/23/22 | For Sale | $814,999 | -- | $184 / 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 | $11,337 | $999,700 | $216,300 | $783,400 |
| 2024 | $10,444 | $898,800 | $205,500 | $693,300 |
| 2023 | $10,269 | $820,900 | $189,700 | $631,200 |
| 2022 | $10,184 | $768,600 | $183,400 | $585,200 |
| 2021 | $9,660 | $700,000 | $170,700 | $529,300 |
| 2020 | $9,346 | $646,800 | $161,300 | $485,500 |
| 2019 | $8,266 | $547,400 | $153,000 | $394,400 |
| 2018 | $7,473 | $485,900 | $145,500 | $340,400 |
| 2017 | $7,001 | $441,400 | $122,700 | $318,700 |
| 2016 | $6,827 | $435,700 | $117,000 | $318,700 |
| 2015 | $6,646 | $405,000 | $107,500 | $297,500 |
Source: Public Records
Agents Affiliated with this Home
-
-
I
Buyer's Agent in 2024
Iris Goldman
Coldwell Banker Realty - Marblehead
(781) 254-5372
1 in this area
16 Total Sales
-
Seller's Agent in 2022
Jennifer Crowe
Atlantic Coast Homes,Inc
(978) 505-1158
3 in this area
47 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73253398
APN: SALE-000033-000000-000721
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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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