NOT LISTED FOR SALE

69 Railroad Ave Salisbury, MA 01952

Estimated Value: $624,000 - $641,212

4 Beds
2 Baths
1,650 Sq Ft
$383/Sq Ft Est. Value

Last Sold September 14, 2022

Last sale price $705,000 $427 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $3,819/month

Highlights

  • Medical Services
  • Waterfront
  • Enclosed Patio or Porch
  • City View
  • Property is near public transit
  • Jogging Path

About This Home

As of September 2022

Seaside living at its finest! *RARE* opportunity to own this beautiful fully renovated quiet South Salisbury Beach property, 1 minute walk from the Atlantic! Completely renovated, top-to-bottom, this two family home, 2BR/1BA each unit, offers outstanding finishes throughout. This home is an investors dream, with wonderful flow and bright tasteful decor throughout. The hard work has been done, and now it is time to enjoy! ALL NEW flooring, paint, windows, roofing, siding, appliances & fixtures, electrical, bathrooms, bedrooms & kitchens! Rent both units or keep one for yourself and rent the other – great income generator! Enjoy weekly summer fireworks & entertain in style! VERY RARE off-street parking for +/- 8 cars!! Just 1 block from Salisbury Beach Center with it's boardwalk, restaurants & entertainment. Close proximity to Newburyport, Portsmouth NH, Boston, highways & commuter rail. Perfect year round or seasonal, this home is completely turn-key and is ready for you!

Last Agent to Sell the Property

Connor Moynihan

Berkshire Hathaway HomeServices Verani Realty Listed on: 07/26/2022

Berkshire Hathaway HomeServices Verani Realty

Last Buyer's Agent

Sean Bakhtiari

Compass

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,684

Year Built

  • Built in 1940 | Remodeled

Lot Details

  • 2,180 Sq Ft Lot
  • Waterfront
  • Near Conservation Area
  • Garden

Home Design

  • Duplex
  • Manufactured Home on a slab
  • Block Foundation
  • Frame Construction
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,650 Sq Ft Home
  • Property has 1 Level
  • City Views

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

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

Outdoor Features

  • Enclosed Patio or Porch
  • Outdoor Storage
  • Rain Gutters

Location

  • Flood Zone Lot
  • Property is near public transit

Schools

  • Salisbury Elementary School
  • Triton Middle School
  • Triton High School

Utilities

  • Cooling Available
  • 8 Heating Zones
  • Heating Available
  • 110 Volts
  • 100 Amp Service
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2147186

Community Details

Overview

  • 2 Units

Amenities

  • Medical Services
  • Shops

Recreation

  • Park
  • Jogging Path

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,684

Year Built

Built in 1940 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Property Condition: Unit 1 Remodeled, Unit 2 Remodeled
  • Year Built: 1940
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Transaction Broker: 2
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Owner
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Vinyl,Carpet, Unit 1(undefined), Unit 2(Wall to Wall Carpet)
  • Interior Amenities: Unit 1(Storage,Crown Molding,Upgraded Cabinets,Upgraded Countertops,Bathroom with Shower Stall,Internet Available - Unknown), Unit 2(Ceiling Fans,Cathedral/Vaulted Ceilings,Storage,Crown Molding,Upgraded Cabinets,Upgraded Countertops,Bathroom With Tub & Shower), Unit 1 Rooms(Living Room,Kitchen,Mudroom), Unit 2 Rooms(Living Room,Kitchen,Mudroom,Sunroom)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Refrigerator,Vent Hood), Unit 2(Range,Refrigerator,Vent Hood), Gas Water Heater,Tank Water Heater, Utility Connections for Gas Range
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Living Area: 1650
  • Stories Total: 3
  • MAIN LO: G62122
  • LIST PRICE PER Sq Ft: 424.18
  • PRICE PER Sq Ft: 427.27
  • MAIN SO: AN4550

Exterior Features

  • Exterior Features: Rain Gutters, Storage, Garden
  • Construction Materials: Frame, Block
  • Foundation Details: Block, Slab
  • Patio And Porch Features: Enclosed, Patio, Covered
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • View: City View(s)
  • View YN: Yes
  • 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: 8

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Cooling: Unit 1(Window AC), Unit 2(Window AC)
  • Heating: Unit 1(Electric Baseboard), Unit 2(Electric Baseboard)
  • Cooling Y N: Yes
  • Electric: 110 Volts, 100 Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 8
  • HEAT ZONES: 8
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Conservation Area, Sidewalks

Lot Info

  • Parcel Number: 2147186
  • Zoning: BC
  • Farm Land Area Units: Square Feet
  • Lot Features: Flood Plain
  • Lot Size Acres: 0.05
  • Lot Size Area: 0.05
  • Lot Size Sq Ft: 2180
  • Lot Size Units: Acres
  • PAGE: NA
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 3684
  • Tax Book Number: NA

Multi Family

  • Number Of Units Total: 2
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • COOLING UNITS: 4
  • LEVELS 2: 1
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 2

MLS Schools

  • High School: Triton
  • Elementary School: Salisbury
  • Middle Or Junior School: Triton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 16, 2021
Sold by
Sears Kenneth R and Sears Gail R
Bought by
Moynihan Daniel F
Current Estimated Value
$632,606

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,750
Outstanding Balance
$287,793
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$344,813

Purchase Details

Closed on
Sep 30, 2002
Sold by
Janelli John J
Bought by
Sears Gail R and Sears Kenneth H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 20, 1997
Sold by
Jenkins Marie R
Bought by
Janelli John J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,530
Interest Rate
8.12%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
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
Moynihan Daniel F $425,000 None Available
Sears Gail R $220,000 --
Janelli John J $69,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moynihan Daniel F $318,750
Previous Owner Sears Gail R $198,000
Previous Owner Janelli John J $69,530
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/14/2022 09/14/22 Sold $705,000 +0.7% $427 / Sq Ft
07/27/2022 07/27/22 Pending -- -- --
07/26/2022 07/26/22 For Sale $699,900 -- $424 / 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 $5,419 $537,600 $235,200 $302,400
2024 $5,528 $529,000 $235,200 $293,800
2023 $1,418 $401,900 $188,200 $213,700
2022 $1,340 $336,300 $172,500 $163,800
2021 $1,355 $327,200 $172,500 $154,700
2020 $3,519 $307,100 $162,900 $144,200
2019 $1,166 $273,700 $141,200 $132,500
2018 $1,171 $271,100 $142,600 $128,500
2017 $1,117 $252,800 $139,000 $113,800
2016 $2,968 $254,300 $140,700 $113,600
2015 $2,760 $234,900 $140,700 $94,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73017207

MLS Property Information Network (MLS PIN)

APN: SALI-000032-000000-000088