NOT LISTED FOR SALE

Estimated Value: $735,000 - $861,461

2 Beds
2 Baths
1,960 Sq Ft
$413/Sq Ft Est. Value

Last Sold July 15, 2016

Last sale price $383,000 $195 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $4,915/month

13 Days on Market

About This Home

As of July 2016

This classic, hip-roof Colonial offers beautiful water views of Salem Harbor from its front entry and views of Forest River as well! The main level has a living room with fireplace and a dining room with a built-in, corner china closet, with both sporting hardwood flooring, a kitchen, sunroom, and half bath. The second floor offers 2 bedrooms with hardwood flooring, and a full bath. The full basement has a finished family room and laundry hook-ups. Amenities include: a 2-car garage; pull-down stairs to attic; and a backyard patio. It is near the Forest River Beach Club and the Marblehead town line. All appliances are being left as a gift. Buyer to obtain Smoke/Carbon Certificate if needed to close. There is a chair-lift to the 2nd floor. The property is being sold 'as is - as seen'.

Last Agent to Sell the Property

Rick Coco

RE/MAX Partners Listed on: 05/18/2016

RE/MAX Partners

Last Buyer's Agent

Merry Fox Team

MerryFox Realty

Home Details

Home Type

Single Family

Year Built

1941

Lot Details

5,663 Sq Ft Lot

Listing Details

  • Lot Description: Corner, Paved Drive, Level, Scenic View(s)
  • Property Type: Single Family
  • Other Agent: 2.00
  • Lead Paint: Unknown
  • Year Round: Yes
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1941

Interior Features

  • Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer, Vent Hood
  • Fireplaces: 1
  • Has Basement: Yes
  • Fireplaces: 1
  • Number of Rooms: 5
  • Amenities: Public Transportation, Park, Walk/Jog Trails, Golf Course, Medical Facility, Highway Access, Private School, Public School
  • Electric: 110 Volts, 220 Volts, Circuit Breakers, 100 Amps
  • Energy: Insulated Windows, Storm Windows
  • Flooring: Wood, Tile, Vinyl, Hardwood
  • Interior Amenities: Central Vacuum
  • Basement: Full, Partially Finished, Interior Access, Bulkhead, Concrete Floor
  • Bedroom 2: Second Floor, 13X19
  • Bathroom #1: Second Floor, 06X09
  • Bathroom #2: First Floor, 04X05
  • Kitchen: First Floor, 09X19
  • Living Room: First Floor, 12X22
  • Master Bedroom: Second Floor, 12X16
  • Master Bedroom Description: Ceiling - Cathedral, Closet - Walk-in, Flooring - Hardwood
  • Dining Room: First Floor, 12X13
  • Oth1 Room Name: Foyer
  • Oth1 Dimen: 06X07
  • Oth1 Dscrp: Flooring - Hardwood
  • Oth2 Room Name: Play Room
  • Oth2 Dimen: 11X19
  • Oth2 Dscrp: Flooring - Wall to Wall Carpet

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Aluminum, Vinyl
  • Exterior Features: Porch - Enclosed, Screens
  • Foundation: Poured Concrete
  • Waterview Flag: Yes

Garage/Parking

  • Garage Parking: Detached, Garage Door Opener, Side Entry
  • Garage Spaces: 2
  • Parking: Off-Street, Paved Driveway
  • Parking Spaces: 4

Utilities

  • Cooling: Window AC
  • Heating: Hot Water Radiators, Gas
  • Cooling Zones: 1
  • Heat Zones: 1
  • Hot Water: Natural Gas, Tank
  • Utility Connections: for Gas Range
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Lot Info

  • Zoning: R1

Multi Family

  • Sq Ft Incl Bsmt: Yes
  • Waterview: Harbor, River

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2016
Closed on
Jul 15, 2016
Sold by
Hanscom Fcu
Bought by
Welch Christopher H and Welch Kathryn J
Seller's Agent
Rick Coco
RE/MAX Partners
Buyer's Agent
Merry Fox Team
MerryFox Realty
List Price
$389,900
Sold Price
$383,000
Premium/Discount to List
-$6,900
-1.77%
Current Estimated Value
$809,615

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$426,615
Avg. Annual Appreciation
8.05%
Original Mortgage
$376,062
Outstanding Balance
$302,986
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$506,629

Purchase Details

Closed on
May 6, 2016
Sold by
Fougere Paul and Fougere Patricia L
Bought by
Hanscom Fcu

Purchase Details

Closed on
Jul 13, 2007
Sold by
Feeney Beverly K and Moustakis Beverly
Bought by
Fougere Patricia Lee and Fougere Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,000
Interest Rate
6.48%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Welch Christopher H $383,000 --
Hanscom Fcu $419,100 --
Fougere Patricia Lee $440,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Welch Christopher H $376,062
Previous Owner Fougere Patricia Lee $352,000
Previous Owner Fougere Patricia Lee $66,000
Previous Owner Fougere Patricia Lee $50,000
Previous Owner Fougere Patricia Lee $7,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/15/2016 07/15/16 Sold $383,000 -1.8% $195 / Sq Ft
05/31/2016 05/31/16 Pending -- -- --
05/18/2016 05/18/16 For Sale $389,900 -- $199 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $8,439 $744,200 $238,600 $505,600
2024 $8,375 $720,700 $238,600 $482,100
2023 $7,631 $610,000 $186,600 $423,400
2022 $7,330 $553,200 $186,600 $366,600
2021 $7,550 $547,100 $186,600 $360,500
2020 $7,414 $513,100 $186,600 $326,500
2019 $7,275 $481,800 $177,400 $304,400
2018 $7,193 $467,700 $177,400 $290,300
2017 $7,016 $442,400 $162,100 $280,300
2016 $6,932 $442,400 $162,100 $280,300
2015 $7,012 $427,300 $162,100 $265,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72008555

MLS Property Information Network (MLS PIN)

APN: SALE-000031-000000-000282

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