57 Charles St Unit 59 Salem, MA 01970
South Salem Neighborhood
8
Beds
3
Baths
3,396
Sq Ft
0.31
Acres
About This Home
As of February 20223 Family at 57-59 Charles St. Plus ajoining 38 Loring Ave, 21 car parking lot ."Across street from Salem State University".The 3 family will be VACANT and ready for new owner! Oversized garage 20'x32'. The plan attached shows 21 car parking @ $1200 each would generate another $25,000 per extra income.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,527
Year Built
- Built in 1920
Parking
- 2 Car Garage
Flooring
- Wood
- Wall to Wall Carpet
- Tile
Additional Features
- Porch
- Natural Gas Water Heater
- Basement
Listing and Financial Details
- Assessor Parcel Number M:32 L:0080
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%
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
$112,311
Original Mortgage
$840,000
Outstanding Balance
$795,368
Interest Rate
3.45%
Mortgage Type
Purchase Money Mortgage
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 the area
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Not Resolvable | $1,050,000 | None Available | |
| Personal Reps Deed | $655,000 | -- | |
| Deed | $95,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $840,000 | Purchase Money Mortgage | |
| Previous Owner | $524,000 | Commercial | |
| Previous Owner | $88,700 | No Value Available | |
| Previous Owner | $100,000 | Purchase Money Mortgage |
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
-
Seller's Agent in 2022
Catherine St Pierre
Aluxety
(508) 641-6823
3 in this area
21 Total Sales
-
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: 72499037
APN: SALE-000032-000000-000080
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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