57 Charles St Unit 59 Salem, MA 01970
South Salem NeighborhoodEstimated Value: $891,000 - $1,239,981
7
Beds
3
Baths
3,396
Sq Ft
$332/Sq Ft
Est. Value
About This Home
As of February 2022Updated 3 family with an adjoining parking lot, located at 38 Loring Ave, (across the street from Salem State University), comes with a two car garage and small workshop, which was recently resided. Rental fee information includes 3 apartments, 1 storage space, two garage spaces, workshop, and additional parking spaces in lot. Renovations include new plumbing, electric, windows, kitchens, exterior and interior painting, and the refinishing of hardwood flooring. Each unit has its own washer, dryer, and storage.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,527
Year Built
- 1920
Lot Details
- 0.31
Parking
- 2
Additional Features
- Property has 1 Level
- 3 Heating Zones
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 8, 2021
Closed on
Feb 1, 2022
Sold by
38 Loring Ave Llc
Bought by
57-59 Charles Llc
Seller's Agent
Catherine St Pierre
Aluxety
Buyer's Agent
Catherine St Pierre
Aluxety
List Price
$1,200,000
Sold Price
$1,050,000
Premium/Discount to List
-$150,000
-12.5%
Total Days on Market
85
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
$77,245
Avg. Annual Appreciation
-0.97%
Original Mortgage
$840,000
Outstanding Balance
$792,440
Interest Rate
3.45%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$223,872
Purchase Details
Listed on
May 13, 2019
Closed on
Aug 15, 2019
Sold by
Dionne Jeannette M Est
Bought by
38 Loring Ave Llc
Seller's Agent
Jack Hyland Jr.
John L. Hyland Jr.
Buyer's Agent
Jack Hyland Jr.
John L. Hyland Jr.
List Price
$825,000
Sold Price
$655,000
Premium/Discount to List
-$170,000
-20.61%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.05%
Original Mortgage
$524,000
Interest Rate
3.7%
Mortgage Type
Commercial
Purchase Details
Closed on
Sep 10, 1998
Sold by
Nimblett Celeste Y and Welch Colette D
Bought by
Dionne Roger L and Dionne Jeannette M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.92%
Mortgage Type
Purchase Money Mortgage
Similar Homes in Salem, MA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 57-59 Charles Llc | $1,050,000 | None Available | |
| 38 Loring Ave Llc | $655,000 | -- | |
| Dionne Roger L | $95,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 57-59 Charles Llc | $840,000 | |
| Previous Owner | 38 Loring Ave Llc | $524,000 | |
| Previous Owner | Dionne Roger L | $88,700 | |
| Previous Owner | Dionne Roger L | $100,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/02/2022 02/02/22 | Sold | $1,050,000 | -12.5% | $309 / Sq Ft |
| 12/03/2021 12/03/21 | Pending | -- | -- | -- |
| 09/08/2021 09/08/21 | For Sale | $1,200,000 | +83.2% | $353 / Sq Ft |
| 08/16/2019 08/16/19 | Sold | $655,000 | -6.3% | $193 / Sq Ft |
| 06/18/2019 06/18/19 | Pending | -- | -- | -- |
| 06/11/2019 06/11/19 | Price Changed | $699,000 | -12.5% | $206 / Sq Ft |
| 06/08/2019 06/08/19 | Price Changed | $799,000 | -3.2% | $235 / Sq Ft |
| 05/13/2019 05/13/19 | For Sale | $825,000 | -- | $243 / 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 | $10,527 | $928,300 | $248,800 | $679,500 |
| 2024 | $9,725 | $836,900 | $236,500 | $600,400 |
| 2023 | $9,488 | $758,400 | $218,300 | $540,100 |
| 2022 | $9,173 | $692,300 | $211,000 | $481,300 |
| 2021 | $8,795 | $637,300 | $196,400 | $440,900 |
| 2020 | $7,674 | $531,100 | $185,500 | $345,600 |
| 2019 | $7,612 | $504,100 | $176,100 | $328,000 |
| 2018 | $7,082 | $460,500 | $167,300 | $293,200 |
| 2017 | $6,612 | $416,900 | $141,200 | $275,700 |
| 2016 | $6,429 | $410,300 | $134,600 | $275,700 |
| 2015 | $6,267 | $381,900 | $123,700 | $258,200 |
Source: Public Records
Agents Affiliated with this Home
-
Catherine St Pierre
Seller's Agent in 2022
Catherine St Pierre
Aluxety
(508) 641-6823
3 in this area
21 Total Sales
-
Jack Hyland Jr.
J
Seller's Agent in 2019
Jack Hyland Jr.
John L. Hyland Jr.
4 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72891911
APN: SALE-000032-000000-000080
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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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