NOT LISTED FOR SALE

Estimated Value: $880,000 - $931,000

8 Beds
2 Baths
3,038 Sq Ft
$300/Sq Ft Est. Value

Last Sold August 20, 2019

Last sale price $550,000 $181 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $5,593/month

4 Days on Market

Highlights

  • Wood Flooring
  • Garden
  • 4-minute walk to Patten Park
  • Porch

About This Home

As of August 2019

Fantastic investor or owner occupant opportunity! This beautiful 2 family home is situated in an ideal North Salem location just minutes to Downtown, Commuter Rail and easy access to 114 and 128. This home offers large rooms, high ceilings, original character and charm and a flexible floor plan. Each unit includes a living room, dining room, 4 bedrooms, kitchen, in unit laundry and full bath. Two car garage, plenty of off street parking, and full basement. Roof was replaced around 2007. Both heating systems are older (age unknown) but have been serviced yearly. Any known knob & tube was removed from the house in 2013. This home has endless possibilities and is waiting to be restored to it's full potential. Seller to review best and final offers on Monday July 15 @ 4:00.

Last Agent to Sell the Property

Sarah Myles-Lennox

MerryFox Realty Listed on: 07/11/2019

Last Buyer's Agent

Sarah Myles-Lennox

MerryFox Realty Listed on: 07/11/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,756

Year Built

  • Built in 1820

Lot Details

  • 6,098

Parking

  • 2 Car Garage

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Additional Features

  • Porch
  • Garden
  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:27 L:0296

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,756

Year Built

Built in 1820

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-family
  • Other Agent: 1.00
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 158.00
  • Comp Based On: Net Sale Price
  • Year Built: 1820
  • Lead Paint: Unknown
  • Levels: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1820

Interior Features

  • Flooring: Vinyl, Wall to Wall Carpet, Varies Per Unit, Hardwood
  • Total Flrs: 2
  • No Bedrooms: 8
  • Total Brs: 8
  • Full Bathrooms: 2
  • Total Fbh: 2
  • No Rooms: 14
  • Basement: Y
  • Basement Features: Full, Unfinished Basement
  • Main Lo: K95001
  • Main So: K95001
  • Estimated Sq Ft: 3038.00

Exterior Features

  • Beachfront Flag: Yes
  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Exterior Features: Porch, Garden Area
  • Foundation: Fieldstone

Garage/Parking

  • Parking Feature: Off-Street, Paved Driveway
  • Parking Spaces: 6
  • Garage Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Heat Zones: 2

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf Course, Medical Facility, Laundromat, Conservation Area, House of Worship, Marina, Public School, T-Station, University

Lot Info

  • Assessments: 529900.00
  • Acre: 0.14
  • Lot Size: 6098.00
  • Page: 538
  • Parcel Number: M:27 L:0296
  • Zoning: R2
  • Lot Description: Paved Drive

Multi Family

  • Heat Units: 2
  • Total Levels: 1
  • Total Rms: 14
  • No Units: 2
  • Mf Type: 2 Family

Tax Info

  • Taxes: 8001.00
  • Assessor Parcel Number: 2133270

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2019
Closed on
Aug 15, 2019
Sold by
Clare L Alex T
Bought by
Nesmith Jordan R
Seller's Agent
Sarah Myles-Lennox
MerryFox Realty
Buyer's Agent
Sarah Myles-Lennox
MerryFox Realty
List Price
$480,000
Sold Price
$550,000
Premium/Discount to List
$70,000
14.58%
Current Estimated Value
$877,219

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$327,219
Avg. Annual Appreciation
7.33%
Original Mortgage
$522,500
Outstanding Balance
$464,486
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$375,776

Purchase Details

Closed on
Jan 20, 2017
Sold by
Alex Clare L
Bought by
Clare L Alex T

Purchase Details

Closed on
Apr 28, 2006
Sold by
Difruscia Carmine and Difruscia Maria T
Bought by
Alex Daniel G and Alex Clare L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$428,400
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 1, 2000
Sold by
Dibella Rt
Bought by
Difruscia Carmine and Difruscia Maria T

Purchase Details

Closed on
Oct 12, 1999
Sold by
Cann Cora B Est
Bought by
Dibella Kenneth F and Dibella Aaron L
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Nesmith Jordan R $550,000 --
Clare L Alex T -- --
Alex Daniel G $535,500 --
Difruscia Carmine $284,000 --
Dibella Kenneth F $210,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nesmith Jordan R $522,500
Previous Owner Dibella Kenneth F $428,400
Previous Owner Dibella Kenneth F $53,500
Previous Owner Dibella Kenneth F $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2019 08/20/19 Sold $550,000 +14.6% $181 / Sq Ft
07/15/2019 07/15/19 Pending -- -- --
07/11/2019 07/11/19 For Sale $480,000 -- $158 / 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 $9,756 $860,300 $210,800 $649,500
2024 $9,022 $776,400 $200,400 $576,000
2023 $8,434 $674,200 $185,000 $489,200
2022 $8,337 $629,200 $178,800 $450,400
2021 $7,878 $570,900 $166,500 $404,400
2020 $7,614 $526,900 $157,200 $369,700
2019 $8,001 $529,900 $149,200 $380,700
2018 $7,179 $466,800 $141,800 $325,000
2017 $6,696 $422,200 $119,600 $302,600
2016 $6,530 $416,700 $114,100 $302,600
2015 $6,321 $385,200 $104,800 $280,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72532289

MLS Property Information Network (MLS PIN)

APN: SALE-000027-000000-000296