Seller's Agent in 2014
Stephen Matthews
Schruender Realty
(978) 476-3655
38 Total Sales
70 Proctor St Salem, MA 01970
Gallows Hill NeighborhoodEstimated Value: $729,000 - $897,000
4
Beds
2
Baths
2,750
Sq Ft
$302/Sq Ft
Est. Value
About This Home
As of April 2014Seller has completed all interior cosmetic work in both units and is ready for immediate move-in! Spacious units with period built-in cabinetry and gorgeous hardwood flooring. Laundry in unit. Convenient to downtown Salem and Peabody. Seller addendums and certified funds for full deposit required w/P&S. No changes allowed to P&S. Sold AS-IS. This property is eligible under the Freddie Mac First Look Initiative for the first 20 days on market for owner occupant buyers only thru 2/21/2014. **Multiple Offer Situation. Deadline for offer submission is 1pm on Friday 2/21/14. No Exceptions *****
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$8,774
Year Built
1932
Lot Details
0
Listing Details
- Lot Description: Paved Drive
- Other Agent: 2.50
- Special Features: None
- Property Sub Type: MultiFamily
- Year Built: 1932
Interior Features
- Has Basement: Yes
- Number of Rooms: 12
- Electric: Circuit Breakers, Individually Metered
- Energy: Insulated Windows
- Flooring: Wood, Tile, Vinyl
- Basement: Full, Interior Access
Exterior Features
- Roof: Asphalt/Fiberglass Shingles
- Construction: Frame
- Exterior: Vinyl
- Foundation: Poured Concrete
Garage/Parking
- Parking: Off-Street
- Parking Spaces: 2
Utilities
- Hot Water: Oil
Lot Info
- Assessor Parcel Number: M:15 L:0386
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 1, 2014
Closed on
Apr 30, 2014
Sold by
Fhlmc
Bought by
Lambos George
Seller's Agent
Stephen Matthews
Schruender Realty
Buyer's Agent
Mike Cotraro
Aluxety
List Price
$384,900
Sold Price
$367,000
Premium/Discount to List
-$17,900
-4.65%
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
$425,924
Avg. Annual Appreciation
7.10%
Original Mortgage
$300,000
Interest Rate
4.27%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Closed on
Jan 24, 2014
Sold by
Lobsitz Elizabeth L
Bought by
Fhlmc
Purchase Details
Closed on
Apr 21, 2006
Sold by
Scott Ellen M and Karpinski Philip K
Bought by
Lobsitz Elizabeth L and Lobsitz Matthew M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,200
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lambos George | $367,000 | -- | |
| Fhlmc | $275,400 | -- | |
| Lobsitz Elizabeth L | $459,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lambos George | $250,000 | |
| Closed | Lambos George | $259,000 | |
| Closed | Lambos George | $285,000 | |
| Closed | Lambos George J | $300,000 | |
| Closed | Lambos George | $300,000 | |
| Previous Owner | Lobsitz Elizabeth L | $437,000 | |
| Previous Owner | Lobsitz Elizabeth L | $367,200 | |
| Previous Owner | Lobsitz Elizabeth L | $68,850 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/30/2014 04/30/14 | Sold | $367,000 | -4.7% | $133 / Sq Ft |
| 03/31/2014 03/31/14 | Pending | -- | -- | -- |
| 02/01/2014 02/01/14 | For Sale | $384,900 | -- | $140 / 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 | $8,774 | $773,700 | $205,700 | $568,000 |
| 2024 | $8,325 | $716,400 | $195,500 | $520,900 |
| 2023 | $8,126 | $649,600 | $180,500 | $469,100 |
| 2022 | $8,145 | $614,700 | $174,400 | $440,300 |
| 2021 | $7,699 | $557,900 | $162,400 | $395,500 |
| 2020 | $7,449 | $515,500 | $153,400 | $362,100 |
| 2019 | $7,366 | $487,800 | $145,600 | $342,200 |
| 2018 | $6,776 | $440,600 | $138,300 | $302,300 |
| 2017 | $6,328 | $399,000 | $116,700 | $282,300 |
| 2016 | $6,168 | $393,600 | $111,300 | $282,300 |
| 2015 | $5,811 | $354,100 | $102,300 | $251,800 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2014
Mike Cotraro
Aluxety
(978) 337-6355
95 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 71628878
APN: SALE-000015-000000-000386
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