Seller's Agent in 2020
Scott Merchant
Merchant Property Group LLC
(617) 455-2303
23 Total Sales
7 Larkin Ln Salem, MA 01970
Salem Willows NeighborhoodEstimated Value: $688,472 - $865,000
4
Beds
2
Baths
1,638
Sq Ft
$460/Sq Ft
Est. Value
About This Home
As of June 2020Welcome home. Highly sought after Salem Willows/Neck area Cape with great layout, can be used as 3 or 4 bedroom. First floor has a large eat in kitchen, half bath, living room, and two bedrooms. Second level rear dormer provides for two large bedrooms and full bath. Plenty of storage throughout. Clean, unfinished basement for additional storage. Upgraded electrical, new roof, refinished hardwood, new carpeting, white princess granite countertops and upgraded appliances. This move-in ready home is in impeccable condition. Rare large back yard with endless possibilities. This home is vacant and is super easy to see. Seasonal views of Collins Cove, short distance to walking trails, Fort Lee, Deadhorse Beach, Salem Willows Park, and everything else Salem Willows has to offer. How often do you find move-in ready, tucked on a dead, with an enormous yard and being close to everything? Vacant and super easy to show. 3D tour available too. Offers are being reviewed Monday 5/11 at noon.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,642
Year Built
- Built in 1960
Lot Details
- Property is zoned R1
Utilities
- Hot Water Baseboard Heater
- Heating System Uses Oil
Additional Features
- Basement
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 6, 2020
Closed on
Jun 18, 2020
Sold by
Rivers Edge Properties
Bought by
Smith Amanda and Smith Eric
Seller's Agent
Scott Merchant
Merchant Property Group LLC
Buyer's Agent
Kate Richard
J. Barrett & Company
List Price
$484,900
Sold Price
$525,000
Premium/Discount to List
$40,100
8.27%
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
$229,118
Avg. Annual Appreciation
6.61%
Original Mortgage
$446,250
Outstanding Balance
$400,768
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$331,264
Purchase Details
Closed on
Oct 4, 2019
Sold by
Prentiss Prudence and Prentiss Shawn
Bought by
Rivers Edge Properties
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$358,800
Interest Rate
3.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 13, 2019
Sold by
Prentiss Shawn M
Bought by
Prentiss Prudence and Prentiss Shawn
Purchase Details
Closed on
Sep 26, 2011
Sold by
Prentiss Susan M
Bought by
Prentiss Shawn M
Purchase Details
Closed on
Aug 12, 2011
Sold by
Prentiss Susan M and Prentiss William H
Bought by
Prentiss Susan M
Purchase Details
Closed on
Jun 7, 2002
Sold by
Shea William H
Bought by
Prentiss Susan M and Prentiss William H
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.9%
Mortgage Type
Purchase Money Mortgage
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 |
|---|---|---|---|
| Smith Amanda | $525,000 | None Available | |
| Rivers Edge Properties | $323,000 | -- | |
| Prentiss Prudence | -- | -- | |
| Prentiss Shawn M | -- | -- | |
| Prentiss Susan M | -- | -- | |
| Prentiss Susan M | $150,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Smith Amanda | $446,250 | |
| Previous Owner | Rivers Edge Properties | $358,800 | |
| Previous Owner | Prentiss Susan M | $50,000 | |
| Previous Owner | Prentiss Susan M | $50,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/18/2020 06/18/20 | Sold | $525,000 | +8.3% | $321 / Sq Ft |
| 05/11/2020 05/11/20 | Pending | -- | -- | -- |
| 05/06/2020 05/06/20 | For Sale | $484,900 | -- | $296 / 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 | $5,642 | $497,500 | $195,500 | $302,000 |
| 2024 | $5,636 | $485,000 | $195,500 | $289,500 |
| 2023 | $5,411 | $432,500 | $178,900 | $253,600 |
| 2022 | $5,391 | $406,900 | $172,300 | $234,600 |
| 2021 | $5,197 | $376,600 | $172,300 | $204,300 |
| 2020 | $5,215 | $360,900 | $162,400 | $198,500 |
| 2019 | $5,190 | $343,700 | $154,400 | $189,300 |
| 2018 | $4,971 | $323,200 | $147,100 | $176,100 |
| 2017 | $4,855 | $306,100 | $139,200 | $166,900 |
| 2016 | $4,536 | $289,500 | $122,600 | $166,900 |
| 2015 | $4,403 | $268,300 | $112,700 | $155,600 |
Source: Public Records
Agents Affiliated with this Home
-
Scott Merchant
-
Kate Richard
Buyer's Agent in 2020
Kate Richard
J. Barrett & Company
(978) 252-0322
66 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72652472
APN: SALE-000042-000000-000040
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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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