62 N Policy St Salem, NH 03079
Depot Village NeighborhoodEstimated Value: $592,239 - $678,000
5
Beds
2
Baths
2,220
Sq Ft
$288/Sq Ft
Est. Value
Highlights
- Barn
- Cathedral Ceiling
- Farmhouse Style Home
- 0.68 Acre Lot
- Wood Flooring
- Attic
About This Home
As of September 2021BACK ON THE MARKET- Motivated seller! Welcome home to this beautifully restored farmhouse in a prime location in Salem, NH! This home features 5 bedrooms (1 first floor bedroom) and 2 baths. You will enjoy the original wide pine floors that have been refinished. It has many of the original features such as exposed beams in the vaulted family room. The kitchen has been completely remodeled with white shaker cabinets, quartz counter tops and stainless appliances. Newer furnace, mini splits in most rooms as well as a pellet stove gives you many options for heating as well as air conditioning. With over 2200sqft of living space as well as an attached 2 car garage and oversized barn the possibilities are endless. *Open house this Sunday 8/29 from 10-12pm
Last Agent to Sell the Property
Keller Williams Gateway Realty/Salem Listed on: 06/23/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,989
Year Built
- Built in 1878
Lot Details
- 0.68 Acre Lot
- Property is Fully Fenced
- Level Lot
Parking
- 2 Car Attached Garage
Home Design
- Farmhouse Style Home
- Wood Frame Construction
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 2-Story Property
- Cathedral Ceiling
- Wood Flooring
- Unfinished Basement
- Interior Basement Entry
- Attic
Kitchen
- Gas Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 5 Bedrooms
Laundry
- Laundry on main level
- Washer
- Gas Dryer
Schools
- Fisk Elementary School
- Woodbury Middle School
- Salem High School
Utilities
- Mini Split Air Conditioners
- Hot Water Heating System
- Heating System Uses Oil
- 200+ Amp Service
- Propane
- Water Heater
- Private Sewer
- High Speed Internet
- Cable TV Available
Additional Features
- Covered patio or porch
- Barn
Listing and Financial Details
- Tax Lot 3730
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 23, 2021
Closed on
Sep 30, 2021
Sold by
Mcleod Donald F
Bought by
Choy Kevin and Zhang Xin
Seller's Agent
Hannah Botelho
Keller Williams Gateway Realty/Salem
Buyer's Agent
Laurie Norton Team
BHG Masiello Bedford
List Price
$499,900
Sold Price
$450,000
Premium/Discount to List
-$49,900
-9.98%
Total Days on Market
69
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
$189,310
Avg. Annual Appreciation
9.74%
Original Mortgage
$360,000
Outstanding Balance
$331,828
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$302,776
Purchase Details
Listed on
Sep 14, 2015
Closed on
Apr 27, 2016
Sold by
Jean E Tormey Ret and Tormey Jean E
Bought by
Mcleod Donald F
Seller's Agent
Debra Federico
BHHS Verani Bedford
Buyer's Agent
Debra Federico
BHHS Verani Bedford
List Price
$299,900
Sold Price
$270,000
Premium/Discount to List
-$29,900
-9.97%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.86%
Original Mortgage
$243,000
Interest Rate
3.73%
Mortgage Type
New Conventional
Similar Homes in Salem, NH
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Choy Kevin | $450,000 | None Available | |
| Mcleod Donald F | $270,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Choy Kevin | $360,000 | |
| Previous Owner | Mcleod Donald F | $285,000 | |
| Previous Owner | Mcleod Donald F | $261,000 | |
| Previous Owner | Mcleod Donald F | $243,000 | |
| Previous Owner | Jean E Tormey Ret | $50,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/30/2021 09/30/21 | Sold | $450,000 | -10.0% | $203 / Sq Ft |
| 08/31/2021 08/31/21 | Pending | -- | -- | -- |
| 08/22/2021 08/22/21 | For Sale | $499,900 | 0.0% | $225 / Sq Ft |
| 08/03/2021 08/03/21 | Pending | -- | -- | -- |
| 07/28/2021 07/28/21 | Price Changed | $499,900 | -3.8% | $225 / Sq Ft |
| 07/02/2021 07/02/21 | Price Changed | $519,900 | -3.7% | $234 / Sq Ft |
| 06/23/2021 06/23/21 | For Sale | $539,900 | +100.0% | $243 / Sq Ft |
| 04/26/2016 04/26/16 | Sold | $270,000 | -10.0% | $122 / Sq Ft |
| 12/21/2015 12/21/15 | Pending | -- | -- | -- |
| 09/14/2015 09/14/15 | For Sale | $299,900 | -- | $135 / Sq Ft |
Source: PrimeMLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $7,300 | $414,800 | $165,800 | $249,000 |
| 2023 | $7,035 | $414,800 | $165,800 | $249,000 |
| 2022 | $6,658 | $414,800 | $165,800 | $249,000 |
| 2021 | $6,199 | $387,900 | $165,800 | $222,100 |
| 2020 | $5,989 | $272,000 | $118,600 | $153,400 |
| 2019 | $5,979 | $272,000 | $118,600 | $153,400 |
| 2018 | $5,723 | $272,000 | $118,600 | $153,400 |
| 2017 | $5,557 | $272,000 | $118,600 | $153,400 |
| 2016 | $5,557 | $272,000 | $118,600 | $153,400 |
| 2015 | $5,568 | $260,300 | $117,700 | $142,600 |
| 2014 | $5,412 | $260,300 | $117,700 | $142,600 |
| 2013 | $5,326 | $260,300 | $117,700 | $142,600 |
Source: Public Records
Agents Affiliated with this Home
-
Hannah Botelho
Seller's Agent in 2021
Hannah Botelho
Keller Williams Gateway Realty/Salem
(978) 476-2139
3 in this area
26 Total Sales
-
Laurie Norton Team
Buyer's Agent in 2021
Laurie Norton Team
BHG Masiello Bedford
(603) 361-4804
3 in this area
483 Total Sales
-
Seller's Agent in 2016
Debra Federico
BHHS Verani Bedford
(603) 321-4777
Map
Source: PrimeMLS
MLS Number: 4868444
APN: SLEM-000080-003730
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