NOT LISTED FOR SALE

7 Fairview Ave Salem, MA 01970

South Salem Neighborhood

Estimated Value: $1,057,000 - $1,384,000

3 Beds
4 Baths
2,718 Sq Ft
$436/Sq Ft Est. Value

Sale Details

Date Sold: October 13, 2015

Last sale price $612,000 $225 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $7,224 / mo

4 Days on Market

About This Home

As of October 2015

Warm and inviting, this classic colonial will win your heart with its combination of vintage charm and tasteful renovations. Situated on the Marblehead line, this home is on an idyllic cul-de-sac with views of Salem Harbor from outside its front door. 8 rooms, 3 bedrooms, 2 full and 2 half baths, fireplaced living room, and 1st floor laundry. Gorgeous gourmet cook's kitchen with Thermador gas stove, granite countertops and island, and an unbelievable amount of cabinet space. Inviting family room with wall of custom built-ins housing a wet bar, refrigerator, and a huge flat screen tv. Master suite includes amazing master bath with marble finishes and double vanity. Large grassy yard with garden and patio area with storage shed. Bring your bikes, this property has private gated access directly onto the Marblehead Rail Trail! Room to expand in both the walk-up attic and basement. FIRST OPEN HOUSE SUNDAY 9/20 11am-12:30pm.

Last Agent to Sell the Property

Erin Lamb

RE/MAX 360 Listed on: 09/16/2015

RE/MAX 360

Last Buyer's Agent

Jessica Schenkel

William Raveis R.E. & Home Services

William Raveis R.E. & Home Services

Home Details

Home Type

Single Family

Year Built

1938

Lot Details

0.26 Acres

Listing Details

  • Lot Description: Fenced/Enclosed, Level
  • Other Agent: 2.00
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1938

Interior Features

  • Appliances: Range, Dishwasher, Disposal
  • Fireplaces: 1
  • Has Basement: Yes
  • Fireplaces: 1
  • Primary Bathroom: Yes
  • Number of Rooms: 8
  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Bike Path, Public School, University
  • Electric: Circuit Breakers, 200 Amps
  • Flooring: Wood, Tile, Marble
  • Insulation: Full
  • Interior Amenities: Cable Available, Walk-up Attic
  • Bedroom 2: Second Floor
  • Bedroom 3: Second Floor
  • Bathroom #1: First Floor
  • Bathroom #2: First Floor
  • Bathroom #3: Second Floor
  • Kitchen: First Floor
  • Laundry Room: First Floor
  • Living Room: First Floor
  • Master Bedroom: Second Floor
  • Master Bedroom Description: Closet, Flooring - Hardwood, Cable Hookup
  • Dining Room: First Floor
  • Family Room: First Floor

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Aluminum, Brick
  • Exterior Features: Patio, Gutters, Storage Shed, Garden Area
  • Foundation: Poured Concrete, Concrete Block

Garage/Parking

  • Garage Parking: Attached
  • Garage Spaces: 1
  • Parking: Off-Street
  • Parking Spaces: 2

Utilities

  • Cooling: Window AC
  • Heating: Hot Water Baseboard, Oil
  • Hot Water: Natural Gas, Tankless
  • Utility Connections: for Gas Range

Lot Info

  • Assessor Parcel Number: M:31 L:0210

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
Sep 16, 2015
Closed on
Oct 13, 2015
Sold by
Bought by
Seller's Agent
Erin Lamb
RE/MAX 360
Buyer's Agent
Jessica Schenkel
William Raveis R.E. & Home Services
List Price
$599,900
Sold Price
$612,000
Premium/Discount to List
$12,100
2.02%
Current Estimated Value
$1,185,868

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$573,868
Avg. Annual Appreciation
6.36%
Original Mortgage
$500,000
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 20, 2014
Closed on
Oct 10, 2014
Sold by
Bought by
Seller's Agent
Pam McKee
Keller Williams Realty Evolution
Buyer's Agent
Pam McKee
Keller Williams Realty Evolution
List Price
$629,000
Sold Price
$582,500
Premium/Discount to List
-$46,500
-7.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.01%
Original Mortgage
$213,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 19, 2009
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,936
Interest Rate
4.91%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 10, 1993
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
$612,000 --
$582,500 --
$582,500 --
$390,000 --
$186,000 --
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
Closed $500,000
Previous Owner $213,000
Previous Owner $50,000
Previous Owner $382,936
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
10/13/2015 10/13/15 Sold $612,000 0.0% $225 / Sq Ft
09/20/2015 09/20/15 Off Market $612,000 -- --
09/20/2015 09/20/15 Pending -- -- --
09/16/2015 09/16/15 For Sale $599,900 +3.0% $221 / Sq Ft
10/10/2014 10/10/14 Sold $582,500 -2.8% $214 / Sq Ft View Prior Sale
09/08/2014 09/08/14 Pending -- -- --
08/13/2014 08/13/14 Price Changed $599,000 -3.2% $220 / Sq Ft
07/11/2014 07/11/14 Price Changed $619,000 -1.6% $228 / Sq Ft
05/20/2014 05/20/14 For Sale $629,000 -- $231 / 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 $10,272 $905,800 $270,400 $635,400
2024 $10,065 $866,200 $270,400 $595,800
2023 $9,130 $729,800 $211,500 $518,300
2022 $8,709 $657,300 $211,500 $445,800
2021 $8,973 $650,200 $211,500 $438,700
2020 $8,822 $610,500 $211,500 $399,000
2019 $8,648 $572,700 $201,100 $371,600
2018 $8,557 $556,400 $201,100 $355,300
2017 $8,363 $527,300 $183,700 $343,600
2016 $8,065 $514,700 $183,700 $331,000
2015 -- $484,300 $183,700 $300,600
Source: Public Records

Agents Affiliated with this Home

  • Erin Lamb

    Seller's Agent in 2015

    Erin Lamb

    RE/MAX 360

    (978) 771-7083

    4 in this area

    52 Total Sales

    Erin Lamb
    Section Image
  • Jessica Schenkel

    Buyer's Agent in 2015

    Jessica Schenkel

    William Raveis R.E. & Home Services

    (339) 206-3302

    2 in this area

    67 Total Sales

    Jessica Schenkel
    Section Image
  • Pam McKee

    Seller's Agent in 2014

    Pam McKee

    Keller Williams Realty Evolution

    (978) 500-4047

    11 in this area

    77 Total Sales

    Pam McKee
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71905297

MLS Property Information Network (MLS PIN)

APN: SALE-000031-000000-000210

Massachusetts Essex County Salem 01970 South Salem

7 Fairview Ave, 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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