NOT LISTED FOR SALE

Estimated Value: $813,306 - $916,000

5 Beds
3 Baths
3,592 Sq Ft
$245/Sq Ft Est. Value

Last Sold July 12, 2021

Last sale price $750,000 $209 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $5,676/month

8 Days on Market

Highlights

  • Wood Flooring
  • Fenced Yard
  • Porch

About This Home

As of July 2021

Rare opportunity to own a turnkey 2 family home in Salem. This home has been owner occupied for the past 43years and pride of ownership shines throughout. First Floor Offers: 2 bedrooms, updated full bath, custom kitchen with stone countertops / stone backsplash with separate pantry. Large living room/dining room & family room. Second Floor Offers: 2 bedrooms, updated full bath, oversized custom kitchen with custom corian countertops/stone back splash, stone flooring & cherry cabinets; dining room/living room combo & family room with - Third floor access/large bedroom, full bath & family room. Each unit has a private foyer/entrance, fenced in back yard, irrigation system, solar panels (lease - transferrable), separate utilities, off street parking. Updates include, roof, heating, 200 amp electric,bathrooms,kitchens etc. 2 Laundry areas in basement. Located near - Salem State University, commuter rail, shopping, downtown/historic Salem and a short walk to Forest River Park/beach

Last Listed By

Joyce Asack

RE/MAX Synergy Listed on: 05/11/2021

RE/MAX Synergy

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,048

Year Built

  • Built in 1910

Lot Details

  • Fenced Yard
  • Irrigation

Flooring

  • Wood
  • Laminate
  • Stone
  • Tile

Additional Features

  • Porch
  • Natural Gas Water Heater
  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:33 L:0390

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,048

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 2.00
  • Year Built Description: Actual
  • List Price Per Sq Ft: 194.85
  • Comp Based On: Net Sale Price
  • Year Built: 1910
  • Lead Paint: Unknown
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1910

Interior Features

  • Flooring: Tile, Laminate, Hardwood, Stone / Slate
  • Total Flrs: 3
  • No Bedrooms: 5
  • Total Brs: 5
  • Full Bathrooms: 3
  • Total Fbh: 3
  • No Rooms: 13
  • Rms Common: Laundry
  • Basement: Y
  • Basement Features: Full, Interior Access, Sump Pump, Exterior Access
  • Main Lo: AN3531
  • Main So: AN5193
  • Estimated Sq Ft: 3592.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 1/10 to 3/10
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Exterior Features: Porch, Fenced Yard, ET Irrigation Controller
  • Foundation: Fieldstone

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 6

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: 200 Amps
  • Heat Zones: 3
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range, for Gas Oven, for Electric Dryer, Washer Hookup

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, University

Lot Info

  • Assessments: 533000.00
  • Acre: 0.10
  • Lot Size: 4482.00
  • Page: 62
  • Parcel Number: M:33 L:0390
  • Zoning: R2
  • Lot Description: Paved Drive, Cleared, Fenced/Enclosed, Level

Green Features

  • Energy Features: Insulated Windows, Storm Doors, Solar Features

Multi Family

  • Heat Units: 2
  • Total Levels: 3
  • Total Rms: 8
  • No Units: 2
  • Mf Type: 2 Family - 2 Units Up/Down

Tax Info

  • Taxes: 7355.00
  • Assessor Parcel Number: 2134978
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2021
Closed on
Jul 9, 2021
Sold by
Bevilacqua Edward R and Bevilacqua Sandra L
Bought by
Dosanjos Samuel
Seller's Agent
Joyce Asack
RE/MAX Synergy
Buyer's Agent
Patricia Magalhaes
Settlers Realty Group, LLC
List Price
$699,900
Sold Price
$750,000
Premium/Discount to List
$50,100
7.16%
Total Days on Market
8
Current Estimated Value
$879,327

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,327
Original Mortgage
$736,415
Outstanding Balance
$685,317
Interest Rate
2.9%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 1, 1978
Bought by
Bevilacqua Edward R and Bevilacqua Sandra L

Range of Values:

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Average Value
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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
Dosanjos Samuel $750,000 None Available
Bevilacqua Edward R $48,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dosanjos Samuel $736,415
Previous Owner Bevilacqua Edward R $150,000
Previous Owner Bevilacqua Edward R $100,000
Previous Owner Bevilacqua Edward R $50,000
Previous Owner Bevilacqua Edward R $8,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2021 07/12/21 Sold $750,000 +7.2% $209 / Sq Ft
05/19/2021 05/19/21 Pending -- -- --
05/11/2021 05/11/21 For Sale $699,900 -- $195 / 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 $9,048 $797,900 $168,800 $629,100
2024 $8,358 $719,300 $159,900 $559,400
2023 $8,167 $652,800 $148,100 $504,700
2022 $8,101 $611,400 $139,200 $472,200
2021 $7,355 $533,000 $139,200 $393,800
2020 $6,942 $480,400 $120,200 $360,200
2019 $6,871 $455,000 $114,300 $340,700
2018 $6,317 $410,700 $109,000 $301,700
2017 $5,884 $371,000 $88,800 $282,200
2016 $5,740 $366,300 $84,100 $282,200
2015 $5,371 $327,300 $75,800 $251,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72829511

MLS Property Information Network (MLS PIN)

APN: SALE-000033-000000-000390