Johnny Long
PRIVI Realty LLC
(857) 353-8035
169 Total Sales
1 in The Point
$1,000,000 Price
58 Salem St Salem, MA 01970
The Point NeighborhoodEstimated Value: $782,000 - $940,000
5
Beds
3
Baths
1,989
Sq Ft
$440/Sq Ft
Est. Value
About This Home
As of September 2020This is a fantastic opportunity to own a solid multifamily in historic and vibrant Salem, MA. Excellent opportunity for rental income for a first time buyer to have help with the mortgage payments or for investor. The first and second units both have two bedrooms and a living room and are vacant ready to produce rental income or a condo conversion potential. The third unit has one bedroom. Features include beautiful hard wood floors, 3 off street parking plus a garage and Porches. This is well kept multi-family and conveniently located near downtown, minutes to Historic Downtown Salem with Restaurants, Banks, Shopping, World Class Museum, City Parks, Beach, Salem State University, Derby Wharf, and 3 forms of transportation to Boston-Buses, Train, or Ferry. Opportunities like these don't come around too often so don't delay and schedule your private showing today.
Last Agent to Sell the Property
William & Veroni Real Estate Team
eXp Realty LLC Listed on: 08/18/2020
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1915
Lot Details
- 2,614
Parking
- 1 Car Garage
Utilities
- Natural Gas Water Heater
Additional Features
- Basement
Listing and Financial Details
- Assessor Parcel Number M:34 L:0134
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 18, 2020
Closed on
Sep 24, 2020
Sold by
Bought by
Seller's Agent
William & Veroni Real Estate Team
eXp Realty LLC
Buyer's Agent
Tanya Palmer
Palmer Properties & Real Estate, Inc.
List Price
$549,900
Sold Price
$606,000
Premium/Discount to List
$56,100
10.2%
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
$268,817
Avg. Annual Appreciation
6.43%
Original Mortgage
$454,500
Outstanding Balance
$395,005
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$479,812
Purchase Details
Closed on
Jan 1, 1980
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in The Point, MA
-
Johnny Long
-
Tyson Lynch
Tyson Lynch
Responds QuicklyThe Proper Nest Real Estate
(351) 666-4531
53 Total Sales
3 in The Point
$241K - $455K Price Range
-
Eric Erickson
Eric Erickson
Reimagined Real Estate Advisors
(978) 690-4349
11 Total Sales
1 in The Point
$439,900 Price
-
Wendy Webber
WW
Wendy Webber
Responds QuicklyColdwell Banker Realty - Marblehead
(351) 999-8407
32 Total Sales
1 in The Point
$920,000 Price
-
Cristina Coppola
Cristina Coppola
Responds QuicklyLamacchia Realty, Inc.
(351) 208-2654
134 Total Sales
2 in The Point
$290K - $305K Price Range
-
Gary Blattberg
Gary Blattberg
Responds QuicklyRE/MAX Beacon
(978) 972-4693
122 Total Sales
2 in The Point
$239K - $1.2M Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $606,000 | None Available | ||
| $37,400 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $454,500 | ||
| Previous Owner | $74,250 | ||
| Previous Owner | $61,870 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/28/2020 09/28/20 | Sold | $606,000 | +10.2% | $305 / Sq Ft |
| 08/28/2020 08/28/20 | Pending | -- | -- | -- |
| 08/18/2020 08/18/20 | For Sale | $549,900 | -- | $276 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $7,859 | $693,000 | $143,700 | $549,300 |
| 2024 | $7,627 | $656,400 | $143,700 | $512,700 |
| 2023 | $7,402 | $591,700 | $126,800 | $464,900 |
| 2022 | $7,068 | $533,400 | $118,300 | $415,100 |
| 2021 | $5,901 | $427,600 | $110,400 | $317,200 |
| 2020 | $5,261 | $364,100 | $81,400 | $282,700 |
| 2019 | $5,148 | $340,900 | $71,800 | $269,100 |
| 2018 | $4,823 | $313,600 | $71,800 | $241,800 |
| 2017 | $4,591 | $289,500 | $61,300 | $228,200 |
| 2016 | $4,536 | $289,500 | $61,300 | $228,200 |
| 2015 | $3,855 | $234,900 | $52,700 | $182,200 |
Source: Public Records
Agents Affiliated with this Home
-
William & Veroni Real Estate Team
W
Seller's Agent in 2020
William & Veroni Real Estate Team
eXp Realty LLC
(781) 420-5391
122 Total Sales
-
Tanya Palmer
Buyer's Agent in 2020
Tanya Palmer
Palmer Properties & Real Estate, Inc.
(781) 248-2338
1 in this area
27 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72711617
APN: SALE-000034-000000-000133
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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