NOT LISTED FOR SALE

Estimated Value: $514,000 - $1,038,658

6 Beds
3.5 Baths
3,784 Sq Ft
$177/Sq Ft Est. Value

Last Sold June 27, 2022

Last sale price $1,205,000 $318 Per Sq Ft

Est. 45% decrease in value since last sale

Current estimated payment $3,971/month

2 Days on Market

Highlights

  • Marina
  • Medical Services
  • Deck
  • Golf Course Community
  • Waterfront
  • 3-minute walk to Collins Cove Park

About This Home

As of June 2022

Rare opportunity to own a beautiful two-family property AND a single family side by side in the Collins cove neighborhood of Salem! Fabulous opportunity for an owner-occupied buyer or start collecting rent with your new investment property! 6-8 Warner Street is conveniently located to downtown Salem and the commuter rail to Boston, as well as a beautiful park and coastal shoreline. All units feature hardwood floors, large kitchens and living rooms in addition to a stunning second floor deck with a WATER VIEW. Plenty of off street parking, fenced in yard, and basement storage. Do not miss out on this opportunity! First showings at the open houses Saturday May 14th from 1-230 and Sunday May 15th from 11-1230.

Last Agent to Sell the Property

Michael Shea

Shea Real Estate Listed on: 05/13/2022

Last Buyer's Agent

William Rothfuchs

Red Fox Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,612

Year Built

  • Built in 1890

Lot Details

  • 4,901 Sq Ft Lot
  • Waterfront
  • Level Lot

Home Design

  • Duplex
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 3,784 Sq Ft Home
  • Gas Fireplace
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms

Parking

  • 6 Car Parking Spaces
  • Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Location

  • Property is near public transit
  • Property is near schools

Schools

  • School Choice Elementary School
  • Collins Middle School
  • Salem High School

Additional Features

  • Deck
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number M:36 L:0383

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Community Pool
  • Park
  • Jogging Path

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,612

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Year Built: 1890
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Transaction Broker: 1
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 5

Interior Features

  • Flooring: Hardwood, Unit 1(undefined), Unit 2(Hardwood Floors)
  • Interior Amenities: Unit 1(Bathroom with Shower Stall), Unit 2(Bathroom With Tub & Shower), Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen,Family Room)
  • Fireplace Features: Unit 2(Fireplace - Natural Gas)
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Unit 1(Range,Refrigerator), Unit 2(Range,Dishwasher,Refrigerator)
  • Total Bedrooms: 6
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bathrooms: 3.5
  • Basement: Full, Unfinished
  • Living Area: 3784
  • Stories Total: 5
  • MAIN LO: AN5627
  • LIST PRICE PER Sq Ft: 290.64
  • PRICE PER Sq Ft: 318.45
  • MAIN SO: AC1319

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone
  • Patio And Porch Features: Deck
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront Features: Beach Front, Ocean, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Heating: Unit 1(Oil), Unit 2(Electric Baseboard)
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Highway Access, House of Worship, Marina, Public School, T-Station, University

Lot Info

  • Parcel Number: M:36 L:0383
  • Zoning: B
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Size Sq Ft: 4901
  • Lot Size Units: Acres
  • PAGE: 0

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 9612.43
  • Tax Book Number: 0

Multi Family

  • Number Of Units Total: 3
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 2
  • LEVELS 3: 2
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 1
  • FLRS 2: 2

MLS Schools

  • High School: Salem High
  • Elementary School: School Choice
  • Middle Or Junior School: Collins

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Fabiano Ralph R $176,200
Closed Fabiano Ralph R $182,000
Closed Fabiano Ralph R $90,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2022 06/27/22 Sold $1,205,000 +9.6% $318 / Sq Ft
05/16/2022 05/16/22 Pending -- -- --
05/13/2022 05/13/22 For Sale $1,099,800 -- $291 / 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 $5,085 $448,400 $165,300 $283,100
2024 $4,920 $423,400 $156,600 $266,800
2023 $4,744 $379,200 $145,000 $234,200
2022 $4,437 $334,900 $122,700 $212,200
2021 $4,493 $325,600 $122,700 $202,900
2020 $4,151 $287,300 $106,000 $181,300
2019 $4,137 $274,000 $100,800 $173,200
2018 $4,017 $261,200 $96,100 $165,100
2017 $3,713 $234,100 $78,300 $155,800
2016 $3,603 $229,900 $74,100 $155,800
2015 $3,502 $213,400 $66,800 $146,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72981455

MLS Property Information Network (MLS PIN)

APN: SALE-000036-000000-000384