A
Seller's Agent in 2024
Alison Lules-Cuccio
Don Baker Real Estate
(617) 699-6119
2 in this area
30 Total Sales
66 Ocean Ave Salem, MA 01970
South Salem NeighborhoodEstimated Value: $597,000 - $760,000
3
Beds
4
Baths
2,553
Sq Ft
$262/Sq Ft
Est. Value
Highlights
- Golf Course Community
- Post and Beam
- Tennis Courts
- Property is near public transit and schools
- Wood Flooring
- Living Room
About This Home
As of September 2024......ATTENTION ALL CONTRACTORS & INVESTORS. Are you looking for a New Project? ...... PROPERTY in NEED of TOTAL REHAB. CASH or CONSTRUCTION LOAN. Property will not Qualify for FHA Financing........ THE CITY of SALEM is a WORLDWIDE DESTINATION SHORT TERM RENTALS WOULD BE VERY LUCRATIVE...... EXCELLENT NEIGHBORHOOD off Lafayette Street. Proximity to Historic Downtown, Harbor, Museums, Fine Dining, European like Cafe's, Ferry and Commuter Rail to Boston.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,100
Year Built
- Built in 1890
Lot Details
- 5,271
Parking
- 2 Car Garage
- Driveway
- Open Parking
- Off-Street Parking
Home Design
- Post and Beam
- Brick Foundation
- Stone Foundation
- Shingle Roof
Interior Spaces
- 2,553 Sq Ft Home
- Living Room
- Wood Flooring
- Partially Finished Basement
- Basement Fills Entire Space Under The House
- Range
Bedrooms and Bathrooms
- 3 Bedrooms
- 4 Full Bathrooms
Schools
- Saltonstall S. Elementary School
- Collins Middle School
- Salem High School
Utilities
- No Cooling
- Heating System Uses Natural Gas
- Baseboard Heating
Additional Features
- 5,271 Sq Ft Lot
- Property is near public transit and schools
Listing and Financial Details
- Total Actual Rent $2,500
- Rent includes unit 1(heat hot water), unit 2(heat hot water), unit 3(heat hot water)
- Assessor Parcel Number 2134883
Community Details
Overview
- 3 Units
- Property has 1 Level
Recreation
- Golf Course Community
- Tennis Courts
- Park
Building Details
- Net Operating Income $30,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 8, 2024
Closed on
Sep 27, 2024
Sold by
Hinchey Margot
Bought by
Dickinson Andree and Hinchey Charles
Seller's Agent
Alison Lules-Cuccio
Don Baker Real Estate
Buyer's Agent
Alison Lules-Cuccio
Don Baker Real Estate
List Price
$773,000
Sold Price
$630,000
Premium/Discount to List
-$143,000
-18.5%
Views
43
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
$38,077
Avg. Annual Appreciation
4.58%
Original Mortgage
$472,500
Outstanding Balance
$468,620
Interest Rate
7.63%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$199,457
Purchase Details
Closed on
Jul 30, 1999
Sold by
Goodwin Thad B and Goodwin Melinda L
Bought by
Price Paul W and Price Trevor R
Purchase Details
Closed on
Mar 31, 1995
Sold by
Hunt Donald W
Bought by
Goodwin Thad B and Goodwin Melinda
Create a Home Valuation Report for This Property
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 |
|---|---|---|---|
| Dickinson Andree | -- | None Available | |
| Dickinson Andree | -- | None Available | |
| Price Paul W | $247,000 | -- | |
| Price Paul W | $247,000 | -- | |
| Goodwin Thad B | $145,000 | -- | |
| Goodwin Thad B | $145,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Dickinson Andree | $472,500 | |
| Previous Owner | Goodwin Thad B | $181,000 | |
| Previous Owner | Goodwin Thad B | $176,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/27/2024 09/27/24 | Sold | $630,000 | -15.9% | $247 / Sq Ft |
| 09/10/2024 09/10/24 | Pending | -- | -- | -- |
| 08/14/2024 08/14/24 | Price Changed | $749,000 | -3.1% | $293 / Sq Ft |
| 08/08/2024 08/08/24 | For Sale | $773,000 | -- | $303 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
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 |
|---|---|---|---|---|
| 2025 | $8,579 | $756,500 | $172,100 | $584,400 |
| 2024 | $10,100 | $869,200 | $163,000 | $706,200 |
| 2023 | $9,892 | $790,700 | $150,900 | $639,800 |
| 2022 | $9,426 | $711,400 | $141,900 | $569,500 |
| 2021 | $9,205 | $667,000 | $141,900 | $525,100 |
| 2020 | $8,452 | $584,900 | $122,600 | $462,300 |
| 2019 | $8,411 | $557,000 | $116,500 | $440,500 |
| 2018 | $7,644 | $497,000 | $111,100 | $385,900 |
| 2017 | $7,213 | $454,800 | $90,600 | $364,200 |
| 2016 | $7,050 | $449,900 | $85,700 | $364,200 |
| 2015 | $6,653 | $405,400 | $77,300 | $328,100 |
Source: Public Records
Agents Affiliated with this Home
-
Alison Lules-Cuccio
-
Donald Baker
D
Seller Co-Listing Agent in 2024
Donald Baker
Don Baker Real Estate
(617) 699-6119
1 in this area
13 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73275738
APN: SALE-000033-000000-000324
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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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