NOT LISTED FOR SALE

7 1/2 Burnside St Salem, MA 01970

Bridge Street Neighborhood

Estimated Value: $781,039 - $926,000

6 Beds
3 Baths
2,382 Sq Ft
$362/Sq Ft Est. Value

Sale Details

Date Sold: November 10, 2015

Last sale price $389,900 $164 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $5,307 / mo

7 Days on Market

About This Home

As of November 2015

Great investment property that cash flows OR, for owner/occupants, make this townhouse unit home & have help with your mortgage payment! Solid 2 family within walking distance of commuter rail & downtown Salem. First floor unit has 2 bedrooms, large eat-in kitchen & hardwood floors. 2nd & 3rd floor owner's unit has 7 rooms: Eat-in kitchen with dishwasher, 3 bedrooms, 2 full baths including newer 3rd floor bath with laundry, & master bedroom with a walk-in closet. The house is on a quiet dead end street with access to new walk/jog trail & set back from the road with a private driveway (2 or 3 car tandem parking), yard, shed & deck.

Last Agent to Sell the Property

The Mitchell Team

Keller Williams Realty Evolution Listed on: 08/31/2015

Keller Williams Realty Evolution

Last Buyer's Agent

Lisa Santamaria

Aluxety

Property Details

Home Type

Multi-Family

Year Built

1885

Lot Details

3,485 Sq Ft Lot

Listing Details

  • Lot Description: Paved Drive, Level
  • Other Agent: 2.25
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1885

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 11
  • Amenities: Public Transportation, Shopping, Swimming Pool, Tennis Court, Park, Walk/Jog Trails, Stables, Golf Course, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University
  • Electric: 220 Volts, Circuit Breakers, 60 Amps/Less, Individually Metered
  • Energy: Insulated Windows, Insulated Doors
  • Flooring: Tile, Vinyl, Wall to Wall Carpet, Laminate, Hardwood
  • Basement: Full, Interior Access, Concrete Floor, Unfinished Basement

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Clapboard, Wood
  • Exterior Features: Deck - Wood, Gutters, Storage Shed, Fenced Yard
  • Foundation: Fieldstone, Brick
  • Beach: Ocean, Walk to
  • Beach Ownership: Public

Garage/Parking

  • Parking: Off-Street, Tandem, Paved Driveway
  • Parking Spaces: 2

Utilities

  • Hot Water: Natural Gas, Tank
  • Utility Connections: for Gas Range, for Gas Oven, for Electric Dryer, Washer Hookup
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 2

Lot Info

  • Assessor Parcel Number: 36-0158-0
  • Zoning: R2

Multi Family

  • APOD Available: Yes
  • Expenses Year End: 12/15
  • Foundation: 34 x 24
  • Heat Units: 2
  • Total Bedrooms: 6
  • Total Floors: 3
  • Total Full Baths: 3
  • Total Levels: 3
  • Total Rms: 11
  • Total Rent_1: 3075

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 31, 2015
Closed on
Nov 10, 2015
Sold by
Bought by
Seller's Agent
The Mitchell Team
Keller Williams Realty Evolution
Buyer's Agent
Lisa Santamaria
Aluxety
List Price
$389,900
Sold Price
$389,900
Current Estimated Value
$863,010

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$473,110
Avg. Annual Appreciation
7.71%
Original Mortgage
$256,400
Interest Rate
0.0388%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 3, 2012
Closed on
Dec 18, 2012
Sold by
Bought by
Seller's Agent
The Mitchell Team
Keller Williams Realty Evolution
Buyer's Agent
Arman Chitchian
William Raveis R.E. & Home Services
List Price
$329,900
Sold Price
$308,000
Premium/Discount to List
-$21,900
-6.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.47%

Purchase Details

Closed on
May 21, 2007
Sold by
Bought by

Purchase Details

Closed on
Jul 31, 2000
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
$389,900 --
$308,000 --
$334,000 --
$169,900 --
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 $256,400
Previous Owner $40,000
Previous Owner $184,000
Previous Owner $30,000
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 Prior Sale
11/10/2015 11/10/15 Sold $389,900 0.0% $164 / Sq Ft
09/07/2015 09/07/15 Pending -- -- --
08/31/2015 08/31/15 For Sale $389,900 +26.6% $164 / Sq Ft
12/18/2012 12/18/12 Sold $308,000 -6.6% $114 / Sq Ft View Prior Sale
11/18/2012 11/18/12 Pending -- -- --
09/03/2012 09/03/12 For Sale $329,900 -- $122 / 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 $7,420 $654,300 $157,200 $497,100
2024 $7,103 $611,300 $148,900 $462,400
2023 $6,913 $552,600 $137,900 $414,700
2022 $6,824 $515,000 $129,600 $385,400
2021 $6,601 $478,300 $129,600 $348,700
2020 $6,232 $431,300 $112,000 $319,300
2019 $6,180 $409,300 $106,400 $302,900
2018 $5,718 $371,800 $101,500 $270,300
2017 $5,340 $336,700 $82,700 $254,000
2016 $5,170 $329,900 $78,300 $251,600
2015 $5,010 $305,300 $70,600 $234,700
Source: Public Records

Agents Affiliated with this Home

  • The Mitchell Team

    Seller's Agent in 2015

    The Mitchell Team

    Keller Williams Realty Evolution

    (978) 314-2955

    1 in this area

    59 Total Sales

    The Mitchell Team
    Section Image

  • L

    Buyer's Agent in 2015

    Lisa Santamaria

    Aluxety

    (978) 239-4753

    1 in this area

    8 Total Sales

    Lisa Santamaria
    Section Image

  • A

    Buyer's Agent in 2012

    Arman Chitchian

    William Raveis R.E. & Home Services

    (617) 469-9200

    15 Total Sales

    Arman Chitchian
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71896824

MLS Property Information Network (MLS PIN)

APN: SALE-000036-000000-000158

Massachusetts Essex County Salem 01970 Bridge Street

7 1/2 Burnside St, Salem, MA

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MLS Property Information Network (MLS PIN) 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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