NOT LISTED FOR SALE

Estimated Value: $793,737 - $1,085,000

6 Beds
2 Baths
3,377 Sq Ft
$281/Sq Ft Est. Value

Last Sold September 25, 2018

Last sale price $615,000 $182 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $5,231/month

8 Days on Market

Highlights

  • Wood Flooring
  • Covered Deck
  • Garden
  • Porch

About This Home

As of September 2018

Large two family near Salem State University and with easy access with downtown Salem. Each unit features 3 bedrooms, hardwood floors, large covered deck, large kitchen, in-unit washer and dryer, and many period details. The additional 1,633 sq/ft on the third level offers great potential for a possible 3rd unit. Separate utilities including: Two gas boilers, two hot water tanks, three circuit breaker electric panels, and two gas meters. Roof replaced in 2015. Siding replaced in 2016. First floor unit currently leased through June 2019. Second floor is vacant. Showings at group showings: Thursday August 9th 4-6pm and Saturday August 11 11am -12:30pm. Offers if any will be due on Monday August 13 @4PM. Please allow 24 hrs for any responses.

Last Agent to Sell the Property

Tyson Lynch

The Proper Nest Real Estate Listed on: 08/06/2018

Last Buyer's Agent

Tyson Lynch

The Proper Nest Real Estate Listed on: 08/06/2018

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 6,098

Flooring

  • Wood
  • Tile

Outdoor Features

  • Covered Deck
  • Porch

Additional Features

  • Garden
  • Natural Gas Water Heater
  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:33 L:0366

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 177.64
  • Comp Based On: Gross/Full Sale Price
  • Year Built: 1900
  • Lead Paint: Unknown
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1900

Interior Features

  • Fireplaces: 2
  • Flooring: Tile, Hardwood
  • Total Flrs: 3
  • Total Frplcs: 2
  • No Bedrooms: 6
  • Total Brs: 6
  • Full Bathrooms: 2
  • Total Fbh: 2
  • No Rooms: 12
  • Basement: Y
  • Basement Features: Full, Interior Access, Bulkhead, Concrete Floor
  • Main Lo: C95243
  • Main So: C95243
  • Estimated Sq Ft: 3377.00

Exterior Features

  • Beachfront Flag: Yes
  • Beach Miles To: 3/10 to 1/2 Mile
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Exterior Features: Porch, Covered Patio/Deck, Garden Area
  • Foundation: Fieldstone

Garage/Parking

  • Parking Feature: Off-Street, On Street Permit
  • Parking Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: 200 Amps, Common, Individually Metered
  • Heat Zones: 2
  • Hot Water: Natural Gas
  • Utility Connections: Washer Hookup

Lot Info

  • Assessments: 432900.00
  • Acre: 0.14
  • Lot Size: 6100.00
  • Page: 227
  • Parcel Number: M:33 L:0366
  • Zoning: R2

Green Features

  • Energy Features: Insulated Windows

Multi Family

  • Heat Units: 2
  • Total Levels: 2
  • Total Rent: 1800
  • Total Rms: 12
  • No Units: 2
  • Mf Type: 2 Family

Tax Info

  • Taxes: 6658.00
  • Assessor Parcel Number: 2134950

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 4, 2025
Sold by
Davis Scott M and Hill Anne M
Bought by
Davis-Hill Realty Llc
Current Estimated Value
$864,706

Purchase Details

Listed on
Aug 6, 2018
Closed on
Sep 25, 2018
Sold by
Merritt Ronald C and Merritt Patricia C
Bought by
Hill Anne M
Seller's Agent
Tyson Lynch
The Proper Nest Real Estate
Buyer's Agent
Tyson Lynch
The Proper Nest Real Estate
List Price
$599,900
Sold Price
$615,000
Premium/Discount to List
$15,100
2.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.11%
Original Mortgage
$350,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 1, 2004
Sold by
Hart Gloria
Bought by
Merritt Ronald C and Merritt Patricia C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
5.85%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Davis-Hill Realty Llc -- None Available
Davis-Hill Realty Llc -- None Available
Davis-Hill Realty Llc -- None Available
Hill Anne M $615,000 --
Hill Anne M $615,000 --
Hill Anne M $615,000 --
Merritt Ronald C $425,000 --
Merritt Ronald C $425,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hill Anne M $350,000
Previous Owner Merritt Ronald C $340,000
Previous Owner Merritt Ronald C $340,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/25/2018 09/25/18 Sold $615,000 +2.5% $182 / Sq Ft
08/14/2018 08/14/18 Pending -- -- --
08/06/2018 08/06/18 For Sale $599,900 -- $178 / 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 $8,874 $782,500 $175,700 $606,800
2024 $8,100 $697,100 $166,500 $530,600
2023 $7,800 $623,500 $154,100 $469,400
2022 $7,995 $603,400 $144,900 $458,500
2021 $7,671 $555,900 $144,900 $411,000
2020 $7,359 $509,300 $125,100 $384,200
2019 $7,272 $481,600 $119,000 $362,600
2018 $6,658 $432,900 $113,400 $319,500
2017 $6,189 $390,200 $92,500 $297,700
2016 $6,036 $385,200 $87,500 $297,700
2015 $5,835 $355,600 $78,900 $276,700
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72374502

MLS Property Information Network (MLS PIN)

APN: SALE-000033-000000-000366