Diane Cadogan Hughes
Barrett Sotheby's International Realty
(781) 776-5452
73 Total Sales
1 in South Salem
$690,000 Price
76 Ocean Ave Salem, MA 01970
South Salem NeighborhoodEstimated Value: $817,000 - $924,561
4
Beds
2
Baths
2,345
Sq Ft
$375/Sq Ft
Est. Value
Highlights
- Marina
- Deck
- Wood Flooring
- Medical Services
- Property is near golf course, public transit, and schools
- Mud Room
About This Home
As of November 2024Bright & 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!
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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
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
Additional Features
- Deck
- Property is near golf course, public transit, and schools
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
- Park
- Bike Trail
Additional Features
- 2 Units
- Net Operating Income $24,000
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
Oct 9, 2024
Closed on
Nov 29, 2024
Sold by
Bought by
Seller's Agent
Tish Lentine
Keller Williams Realty Evolution
Buyer's Agent
John J. Allaire
Easton Real Estate, LLC
List Price
$825,000
Sold Price
$820,000
Premium/Discount to List
-$5,000
-0.61%
Views
46
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
$59,640
Avg. Annual Appreciation
4.27%
Original Mortgage
$656,000
Outstanding Balance
$644,033
Interest Rate
6.44%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$235,607
Purchase Details
Listed on
Oct 10, 2019
Closed on
Dec 20, 2019
Sold by
Bought by
Seller's Agent
Tish Lentine
Keller Williams Realty Evolution
Buyer's Agent
Hudson Santana
Keller Williams Realty Boston Northwest
List Price
$629,000
Sold Price
$619,000
Premium/Discount to List
-$10,000
-1.59%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.87%
Original Mortgage
$566,849
Interest Rate
3.7%
Mortgage Type
FHA
Home Values in the Area
Average Home Value in this Area
Agents Specializing in South Salem, MA
-
Diane Cadogan Hughes
-
David Brown
David Brown
Coldwell Banker Realty - Beverly
(339) 666-1240
62 Total Sales
2 in South Salem
$535K - $775K Price Range
-
Nicole Bettano
Nicole Bettano
Lantern Residential
(781) 755-3931
69 Total Sales
2 in South Salem
$505K - $700K Price Range
-
Tracey Cleversey
Tracey Cleversey
Hive Property Group
(339) 444-2143
53 Total Sales
2 in South Salem
$382K - $605K Price Range
-
Hans Nagrath
Hans Nagrath
Compass
(888) 604-7140
165 Total Sales
1 in South Salem
$600,000 Price
-
Juan Lopera-Martinez
Juan Lopera-Martinez
eXp Realty LLC
(339) 338-4961
87 Total Sales
1 in South Salem
$1,100,000 Price
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 |
|---|---|---|---|
| $820,000 | None Available | ||
| $619,000 | None Available |
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 |
|---|---|---|---|
| Open | $656,000 | ||
| Previous Owner | $13,360 | ||
| Previous Owner | $563,000 | ||
| Previous Owner | $566,849 | ||
| Previous Owner | $376,000 | ||
| Previous Owner | $300,000 | ||
| Previous Owner | $226,000 | ||
| Previous Owner | $191,450 | ||
| Previous Owner | $154,300 | ||
| Previous Owner | $140,000 | ||
| Previous Owner | $75,000 |
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 |
|---|---|---|---|---|---|
| 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
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 | $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
-
Tish Lentine
Seller's Agent in 2024
Tish Lentine
Keller Williams Realty Evolution
(978) 882-4644
2 in this area
18 Total Sales
-
John J. Allaire
Buyer's Agent in 2024
John J. Allaire
Easton Real Estate, LLC
(508) 958-3000
1 in this area
128 Total Sales
-
Hudson Santana
Buyer's Agent in 2019
Hudson Santana
Keller Williams Realty Boston Northwest
(617) 858-5475
447 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73300460
APN: SALE-000033-000000-000070
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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