NOT LISTED FOR SALE

7 May St Unit 2 Salem, MA 01970

Gallows Hill Neighborhood

Estimated Value: $605,000 - $732,532

2 Beds
1 Bath
600 Sq Ft
4,400 Sq Ft Lot

Highlights

  • Property is near public transit
  • No HOA
  • Bathtub with Shower
  • Wood Flooring
  • Bay Window
  • 2-minute walk to Splaine Park

About This Home

As of May 2024

Take advantage of this spacious, freshly painted, sun-filled two-bedroom home on the second floor. Large living room, eat-in kitchen, ample bedrooms, Updated Bathroom, Brand new refrigerator, dishwasher, microwave, oven, and extra storage space. Hardwood floor throughout, plenty of windows that bring in lots of natural light, and a beautiful fenced shared yard for enjoyment. Available now. Included hot water, sewer, laundry, and landscaping. Close to downtown, restaurants, coffee shops, and public transportation. Street Permit Parking.

Last Agent to Rent the Property

Zahra Zoglauer

Berkshire Hathaway HomeServices Commonwealth Real Estate Listed on: 02/01/2024

Berkshire Hathaway HomeServices Commonwealth Real Estate

Last Renter's Agent

Mario Pavli

Boston Advanced Realty, LLC

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,441

Year Built

  • 1920

Lot Details

  • 4,400

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 600 Sq Ft Home
  • Bay Window
  • Wood Flooring
  • Laundry in Basement

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Utilities

  • No Cooling
  • Heating System Uses Oil

Additional Features

  • Garden
  • Property is near public transit

Listing and Financial Details

  • Security Deposit $2,600
  • Rent includes water, extra storage, laundry facilities
  • Assessor Parcel Number 2131354

Community Details

Pet Policy

  • No Pets Allowed

Additional Features

  • No Home Owners Association
  • Common Area

Condo Details

Home Type

Condominium

Est. Annual Taxes

$6,441

Year Built

1920

Lot Details

0

Rental Info

  • Pets Allowed: No
  • Lease Term: Lease Terms(12),Term of Rental(12)
  • Available Now: Yes
  • Deposit Required: Yes
  • FIRST MON REQD: Yes
  • INSURANCE REQD: Yes
  • LAST MON REQD: No
  • REFERENCES REQD: Yes
  • SEC DEPOSIT: 2600

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Condominium
  • Entry Level: 2
  • CoOp Comp: 50/50
  • ResoPropertyType: ResidentialLease
  • ResoBuildingAreaSource: Other
  • Special Features: None
  • Year Built: 1920

Interior Features

  • Fireplace YN: No
  • Appliances: Range, Microwave, Refrigerator, Washer, Dryer
  • Total Bedrooms: 2
  • Room Bedroom2 Features: Closet, Flooring - Wood, Window(s) - Bay/Bow/Box
  • Room Bedroom3 Features: Closet, Flooring - Hardwood, Window(s) - Bay/Bow/Box
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Master Bathroom Features: No
  • Bathroom 1 Features: Bathroom - Tiled With Tub & Shower
  • Room Kitchen Features: Closet, Window(s) - Bay/Bow/Box
  • Laundry Features: In Basement
  • Room Living Room Features: Flooring - Hardwood, Window(s) - Bay/Bow/Box
  • Living Area: 600
  • Spa YN: No
  • MAIN LO: AN6527
  • MAIN SO: AN1817

Exterior Features

  • Exterior Features: Garden
  • Home Warranty YN: No
  • Waterfront YN: No
  • Waterview Flag: No

Utilities

  • Heating: Oil
  • Cooling Y N: No
  • Heating YN: Yes

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Public Transportation
  • Rent Includes: Water, Extra Storage, Laundry Facilities
  • Senior Community YN: No

Lot Info

  • Parcel Number: 2131354
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 999
  • Lot Size Units: Acres
  • OUTDOOR SPACE AVAILABLE: Yes - Common
  • ResoLotSizeUnits: Acres

Multi Family

  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 1, 2022
Sold by
Wheelock Blanche Est
Bought by
7 May Street Rt
Current Estimated Value
$651,383
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
7 May Street Rt -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/29/2024 05/29/24 Rented $2,500 0.0% --
04/17/2024 04/17/24 Price Changed $2,500 -3.8% $4 / Sq Ft
03/24/2024 03/24/24 Price Changed $2,600 -7.1% $4 / Sq Ft
02/18/2024 02/18/24 Price Changed $2,800 +12.0% $5 / Sq Ft
02/01/2024 02/01/24 For Rent $2,500 +25.0% --
08/15/2022 08/15/22 Rented $2,000 +5.3% --
08/11/2022 08/11/22 Under Contract -- -- --
07/23/2022 07/23/22 For Rent $1,900 +26.7% --
07/03/2021 07/03/21 Rented $1,500 0.0% --
06/04/2021 06/04/21 Under Contract -- -- --
05/25/2021 05/25/21 For Rent $1,500 -- --
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 $6,441 $568,000 $168,400 $399,600
2024 $6,155 $529,700 $159,600 $370,100
2023 $5,955 $476,000 $147,800 $328,200
2022 $6,075 $458,500 $138,900 $319,600
2021 $5,891 $426,900 $138,900 $288,000
2020 $5,620 $388,900 $120,000 $268,900
2019 $5,851 $387,500 $114,100 $273,400
2018 $5,405 $351,400 $108,700 $242,700
2017 $5,012 $316,000 $88,700 $227,300
2016 $4,877 $311,200 $83,900 $227,300
2015 $4,710 $287,000 $75,600 $211,400
Source: Public Records

Agents Affiliated with this Home

  • Zahra Zoglauer

    Landlord's Agent in 2024

    Zahra Zoglauer

    Berkshire Hathaway HomeServices Commonwealth Real Estate

    (617) 320-5815

    73 Total Sales

    Zahra Zoglauer
    Section Image
  • Mario Pavli

    Tenant's Agent in 2024

    Mario Pavli

    Boston Advanced Realty, LLC

    (857) 334-5827

    40 Total Sales

    Mario Pavli
    Section Image

  • F

    Seller's Agent in 2021

    Fatima Heath

    North Shore's Gold Coast Realty

    (978) 283-4440

    2 Total Sales

    Fatima Heath
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73198629

MLS Property Information Network (MLS PIN)

APN: SALE-000025-000000-000044

Massachusetts Essex County Salem 01970 Gallows Hill

7 May St Unit 2, Salem, MA

Not Listed for Sale

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