NOT LISTED FOR SALE

Estimated Value: $813,000 - $861,000

4 Beds
2 Baths
2,345 Sq Ft
$355/Sq Ft Est. Value

Last Sold November 29, 2024

Last sale price $820,000 $350 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $5,162/month

7 Days on Market

Highlights

  • Marina
  • Medical Services
  • Property is near public transit
  • Golf Course Community
  • Deck
  • Wood Flooring

About This Home

As of November 2024

Bright & light-filled two-family home on a beautifully landscaped double lot in Salem, MA. Both units feature 2 bedrooms, living room, dining room, kitchen & a full bath. The first-floor unit boasts high ceilings, an expanded kitchen with in-unit laundry & a skylight. A large "bullpen" style deck overlooks the serene yard with flower & vegetable beds. There's a chicken coop too! Detached barn/garage with a loft offers great potential for creative use or expansion. Located near Salem's top amenities, including Salem State University, eclectic downtown & the rich cultural offerings, it's perfect for both everyday living & entertaining. Ideal for multi-generational living, rental income, or future development. Buyers encouraged to explore all the possibilities. Excellent commuter location, just 30 minutes to Boston via Salem Station or the ferry. Just over a 1/2 mile to Forest River Outdoor Rec & Nature Center, pool & beach. Don’t miss out on this unique opportunity!

Last Agent to Sell the Property

Tish Lentine

Keller Williams Realty Evolution Listed on: 10/09/2024

Keller Williams Realty Evolution

Last Buyer's Agent

John J. Allaire

Easton Real Estate, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,086

Year Built

  • Built in 1870

Lot Details

  • 10,502 Sq Ft Lot
  • Garden

Parking

  • 2 Car Garage
  • Driveway
  • Open Parking
  • Off-Street Parking

Home Design

  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,345 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Mud Room
  • Living Room
  • Dining Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Basement

  • Partial Basement
  • Interior Basement Entry
  • Block Basement Construction

Outdoor Features

  • Deck

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Sps Elementary And Middle School
  • Sps High School

Utilities

  • No Cooling
  • Central Heating
  • 2 Heating Zones
  • Baseboard Heating
  • Hot Water Heating System
  • Internet Available

Listing and Financial Details

  • Total Actual Rent $2,000
  • Assessor Parcel Number M:33 L:0070,2134590

Community Details

Amenities

  • Medical Services
  • Shops

Recreation

  • Marina
  • Golf Course Community
  • Park
  • Bike Trail

Additional Features

  • 2 Units
  • Net Operating Income $24,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,086

Year Built

Built in 1870

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1870
  • Dual Variable: Yes
  • Year Built Details: Actual
  • Year Round: Yes
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Wood, Tile, Hardwood, Stone/Ceramic Tile
  • Interior Amenities: Ceiling Fan(s), Internet Available - Unknown, Living Room, Dining Room, Kitchen, Mudroom
  • Fireplace YN: No
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Partial, Interior Entry, Concrete
  • Living Area: 2345
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: C95098
  • MAIN SO: BB9898

Exterior Features

  • Exterior Features: Garden
  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Deck
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Central, Baseboard, Hot Water
  • Cooling Y N: No
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • SEWAGE DISTRICT: SESD
  • HEAT UNITS: 2
  • HEAT ZONES: 2
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Golf, Medical Facility, Bike Path, House of Worship, Marina, Private School, Public School, T-Station, University, Sidewalks
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:33 L:0070,2134590
  • Zoning: R2
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.24
  • Lot Size Sq Ft: 10502
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 9086

Multi Family

  • Net Operating Income: 24000
  • Number Of Units Total: 2
  • Total Actual Rent: 2000
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEASE 2: Y
  • LEASE 1: N

MLS Schools

  • High School: Sps
  • Elementary School: Sps
  • Middle Or Junior School: Sps

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/29/2024 11/29/24 Sold $820,000 -0.6% $350 / Sq Ft
10/16/2024 10/16/24 Pending -- -- --
10/09/2024 10/09/24 For Sale $825,000 +33.3% $352 / Sq Ft
12/27/2019 12/27/19 Sold $619,000 -1.6% $264 / Sq Ft View Prior Sale
11/22/2019 11/22/19 Pending -- -- --
10/10/2019 10/10/19 For Sale $629,000 -- $268 / Sq Ft
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 $9,548 $842,000 $194,500 $647,500
2024 $9,086 $781,900 $184,300 $597,600
2023 $8,890 $710,600 $170,600 $540,000
2022 $8,817 $665,400 $160,400 $505,000
2021 $8,494 $615,500 $160,400 $455,100
2020 $6,424 $444,600 $138,500 $306,100
2019 $6,350 $420,500 $131,700 $288,800
2018 $5,841 $379,800 $125,600 $254,200
2017 $5,381 $339,300 $102,400 $236,900
2016 $5,231 $333,800 $96,900 $236,900
2015 $5,036 $306,900 $87,400 $219,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73300460

MLS Property Information Network (MLS PIN)

APN: SALE-000033-000000-000070