Phillip Napolitano
StartPoint Realty
(781) 731-1473
12 Total Sales
1 in South Salem
$295,000 Price
66 Ocean Ave Salem, MA 01970
South Salem NeighborhoodEstimated Value: $645,801 - $927,000
3
Beds
4
Baths
2,553
Sq Ft
$319/Sq Ft
Est. Value
Highlights
- Property is near golf course, public transit, and schools
- Wood Flooring
- Living Room
- Post and Beam
- Tennis Courts
- Park
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.
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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 golf course, 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
- Tennis Courts
- Park
Building Details
- Net Operating Income $30,000
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 8, 2024
Closed on
Sep 27, 2024
Sold by
Bought by
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
$183,200
Avg. Annual Appreciation
14.79%
Original Mortgage
$472,500
Outstanding Balance
$464,851
Interest Rate
7.63%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$348,349
Purchase Details
Closed on
Jul 30, 1999
Sold by
Bought by
Purchase Details
Closed on
Mar 31, 1995
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in South Salem, MA
-
Phillip Napolitano
-
Janine Callahan
Janine Callahan
Coldwell Banker Realty - Haverhill
(978) 945-9594
31 Total Sales
1 in South Salem
$350,000 Price
-
Victoria Tran Slomiak
Victoria Tran Slomiak
Lineage Realty Group
(508) 796-8249
65 Total Sales
1 in South Salem
$733,000 Price
-
Brian Willinsky
Brian Willinsky
William Raveis R.E. & Home Services
(475) 267-5337
55 Total Sales
1 in South Salem
$360,000 Price
-
Tyson Lynch
Tyson Lynch
Responds QuicklyThe Proper Nest Real Estate
(351) 666-4531
53 Total Sales
5 in South Salem
$540K - $850K Price Range
-
Michael Cannuscio
Michael Cannuscio
Responds QuicklyThe Agency Marblehead
(781) 722-7167
21 Total Sales
1 in South Salem
$530,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | None Available | ||
| $630,000 | None Available | ||
| $247,000 | -- | ||
| $145,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $472,500 | ||
| Previous Owner | $181,000 | ||
| Previous Owner | $176,000 | ||
| Previous Owner | $186,000 | ||
| Previous Owner | $180,000 | ||
| Previous Owner | $111,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
A
Seller's Agent in 2024
Alison Lules-Cuccio
Don Baker Real Estate
(617) 699-6119
2 in this area
30 Total Sales
-
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
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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