NOT LISTED FOR SALE

Estimated Value: $793,000 - $987,000

7 Beds
3 Baths
3,110 Sq Ft
$297/Sq Ft Est. Value

Last Sold May 05, 2023

Last sale price $875,000 $281 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $5,980/month

3 Days on Market

Highlights

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

About This Home

As of May 2023

Location Location!Absolutely Gorgeous 2 family with 3 levels of living space & 3100+Sqft.Both units recently renovated with Style & Class.Beautiful kitchens & baths.1st floor unit has 1350 sqft,6 rooms,3 bedrooms,1 new bathroom,livingroom,formal diningroom,new kitchen with cherry cabinets,SS appliances & quartz counters.2nd floor unit has 2 levels with nearly 2000 sqft,8 rooms,4 bedrooms,2 full bathrooms,livingroom,formal diningroom & office/den/sitting area on 3rd level with fabulous premier bedroom.Other features for both units include:-Hardwood floors,High ceilings,lots of natural light,tiled bathrooms,Gas heating & gas stoves,good closet space,2 laundry units,Storage in basement,front&back decks/porches with trek decking,all newer windows,gutters,downspouts,HW tanks,unit 2 deleaded,nice yard,2 off st parking & easy St Pkg.Salem hospital at the end of St,Playround a block away,On Busline to Boston & less 1 mile to commuter rail & Downtown Salem.A Gem..OH 3/23..5-6.30p & 3/25..12-2pm

Last Agent to Sell the Property

Maureen Mulrooney

RE/MAX Real Estate Center Listed on: 03/21/2023

RE/MAX Real Estate Center

Last Buyer's Agent

Katie Ngan Vien

eXp Realty

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,907

Year Built

  • Built in 1915 | Remodeled

Lot Details

  • 5,001 Sq Ft Lot
  • Stone Wall
  • Landscaped Professionally
  • Garden

Home Design

  • Stone Foundation
  • Frame Construction
  • Shingle Roof
  • Stone

Interior Spaces

  • 3,110 Sq Ft Home
  • Property has 1 Level
  • Decorative Lighting
  • Insulated Doors

Kitchen

  • Built-In Range
  • Microwave
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • 2 Car Parking Spaces
  • Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking
  • Deeded Parking

Outdoor Features

  • Deck
  • Covered patio or porch
  • Rain Gutters

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Cooling Available
  • 2 Heating Zones
  • Heating Available
  • Separate Meters
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $5,200
  • Rent includes unit 1(water), unit 2(water)
  • Assessor Parcel Number M:25 L:0005,2131311

Community Details

Amenities

  • Medical Services
  • Shops

Recreation

  • Golf Course Community
  • Park

Additional Features

  • 2 Units
  • Net Operating Income $61,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,907

Year Built

Built in 1915 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Property Condition: Unit 1 Remodeled, Unit 2 Remodeled
  • Year Built: 1915
  • Buyer Agency: 2.0
  • Transaction Broker: 2.0
  • Year Built Details: Actual,Renovated Since
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Tile,Carpet,Hardwood, Unit 1(undefined), Unit 2(Hardwood Floors,Wall to Wall Carpet,Stone/Ceramic Tile Floor)
  • Interior Amenities: Unit 1(Ceiling Fans,Pantry,Storage,Stone/Granite/Solid Counters,High Speed Internet Hookup,Upgraded Cabinets,Upgraded Countertops,Bathroom With Tub & Shower), Unit 2(Ceiling Fans,Pantry,Lead Certification Available,Storage,Stone/Granite/Solid Counters,High Speed Internet Hookup,Upgraded Cabinets,Upgraded Countertops,Bathroom With Tub & Shower), Unit 1 Rooms(Living Room,Dining Room,Kitchen), Unit 2 Rooms(Living Room,Dining Room,Kitchen,Family Room,Office/Den)
  • Door Features: Insulated Doors
  • Fireplace YN: No
  • Appliances: Unit 1(Dishwasher,Disposal,Microwave,Countertop Range,Refrigerator,Washer,Dryer), Unit 2(Dishwasher,Disposal,Microwave,Countertop Range,Refrigerator,Washer,Dryer), Gas Water Heater,Tank Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Range, Utility Connections for Gas Oven, Utility Connections for Electric Oven
  • Total Bedrooms: 7
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Laundry Features: Unit 1 Laundry Room, Unit 2 Laundry Room
  • Basement: Full, Interior Entry, Unfinished
  • Living Area: 3110
  • Stories Total: 3
  • MAIN LO: BB5153
  • LIST PRICE PER Sq Ft: 273.28
  • PRICE PER Sq Ft: 281.35
  • MAIN SO: AC0342

Exterior Features

  • Exterior Features: Rain Gutters, Professional Landscaping, Decorative Lighting, Garden, Stone Wall, Unit 1 Balcony/Deck, Unit 2 Balcony/Deck
  • Construction Materials: Frame, Stone
  • Foundation Details: Stone
  • Patio And Porch Features: Porch, Deck, Patio, Covered
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront Features: Beach Front, Ocean, Beach Ownership(Public)
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Deeded, Paved
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Range, for Gas Oven, for Electric Oven
  • Cooling: Unit 1(Window AC)
  • Heating: Unit 1(Steam,Gas,Individual,Unit Control), Unit 2(Steam,Gas,Electric,Individual,Unit Control)
  • Cooling Y N: Yes
  • Electric: Circuit Breakers, Individually Metered
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 2
  • HEAT ZONES: 2

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Golf, Medical Facility, Highway Access, House of Worship, Public School, T-Station, Sidewalks
  • Rent Includes: Unit 1(Water), Unit 2(Water)

Lot Info

  • Parcel Number: M:25 L:0005,2131311
  • Zoning: R2
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Size Sq Ft: 5001
  • Lot Size Units: Acres
  • PAGE: 235
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 8907
  • Tax Book Number: 35202

Multi Family

  • Gross Income: 61200
  • Net Operating Income: 61200
  • Number Of Units Total: 2
  • Total Actual Rent: 5200
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 2
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 10, 2008
Sold by
Cawley Leonard
Bought by
Rwgf Realty Llc
Total Days on Market
3
Current Estimated Value
$922,583

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.58%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Similar Homes in Salem, MA

  • 47 Winthrop St, Salem, MA 01970

    $1,050,000

    • 7 Beds
    • 4.5 Baths
    • 2,858 Sq Ft
    • 47 Winthrop St
    • Salem, MA

    Turnkey 3-family gem in the heart of downtown Salem! Fully renovated units, strong rental income, and location make this an exceptional opportunity for investors or owner-occupants seeking cash flow and long-term growth. Unit 1 offers 3 beds/2 baths with stylish finishes and generous living space. Unit 2 features 3 beds/1.5 baths has been renovated and will be delivered vacant ideal for an owner

    Cynthia Nina-Soto Nina-Soto Realty, LLC

    Section Image
  • 16 Horton St, Salem, MA 01970

    $949,900

    • 6 Beds
    • 4 Baths
    • 3,108 Sq Ft
    • 16 Horton St
    • Salem, MA

    OPEN HOUSE SAT, 6/14 12-1:30 PM. Located in the Castle Hill area close to Salem State University, Salem Hospital, and downtown, this large 2-family has a beautifully remodeled townhouse unit that offers the space and comfort of a single-family home! Step inside and be greeted by a sun-drenched 24'x18' living/dining room combo – perfect for entertaining or relaxing. The heart of the unit is the

    Jim Armstrong Aluxety

    Section Image
  • 24 Dunlap St, Salem, MA 01970

    $699,000

    • 7 Beds
    • 3 Baths
    • 2,812 Sq Ft
    • 24 Dunlap St
    • Salem, MA

    Attention contractors and investors!! Nestled in east Salem, MA, this three-family multi-unit property presents an excellent investment opportunity. Built in 1910, this 2,812 sq ft home is spread across three floors, each featuring its own distinct living space. The first unit has 3bdrms, the second and third have 2bdrms. Unit 1 has a rented hot water heater. Subject to the approval of and

    Daniel Laterowicz LDL Realty, LLC

    Section Image
  • 11 Barr St, Salem, MA 01970

    $1,050,000

    • 6 Beds
    • 3 Baths
    • 3,044 Sq Ft
    • 11 Barr St
    • Salem, MA

    Outstanding opportunity to own a well-maintained three-family property in the highly sought-after North Salem neighborhood. This classic multi-family offers three spacious units with separate utilities, off-street parking, and a strong rental history. Located just minutes from downtown Salem, the commuter rail, shops, and restaurants, the property is ideal for both investors and owner-occupants.

    Jordan Ryan Keller Williams Realty Evolution

    Section Image
  • 1 Japonica Ave, Salem, MA 01970

    $1,075,000

    • 8 Beds
    • 3.5 Baths
    • 5,418 Sq Ft
    • 1 Japonica Ave
    • Salem, MA

    We are pleased to present this multifamily offering which consists of 3 large units, ample on-site parking, and two garages currently used as parking and storage. The property has been very well maintained but offers investors and end-users future value through cosmetic improvements and activating additional income opportunities. The property is ideally located in a quiet residential neighborhood

    Kevin Benzinger Boston Realty Advisors

    Section Image
  • 30 Irving St, Salem, MA 01970

    $790,000

    • 6 Beds
    • 2 Baths
    • 2,250 Sq Ft
    • 30 Irving St
    • Salem, MA

    Welcome to this beautiful 2-family home nestled on a peaceful street just steps away from Mack Park. This home is perfect for both owner-occupant and savvy investors, live in one unit and rent the other for additional income. Unit #2 has been fully renovated and features vinyl flooring throughout, fresh paint, a modern kitchen with stainless steel appliances, and three generously sized

    Kristi Gjikondi Gjikondi Realty

    Section Image
  • 6 Randall St, Salem, MA 01970

    $889,000

    • 5 Beds
    • 2.5 Baths
    • 2,559 Sq Ft
    • 6 Randall St
    • Salem, MA

    Incredible location at this oversized newly renovated two family home in a sought after neighborhood of Salem. Unit 1 consists of two bedrooms, one bathroom, living room, dining room and a large kitchen with high ceilings. Unit 2 is made up of two levels and consists of three bedrooms, a living room, dining room, kitchen, bathroom and a large open space in the attic which can be used as a play

    Kevin Farrar Atlantic Coast Homes,Inc

    Section Image
  • 14 Forest Ave, Salem, MA 01970

    $849,000

    • 6 Beds
    • 2 Baths
    • 2,380 Sq Ft
    • 14 Forest Ave
    • Salem, MA

    A true turnkey investment awaits at 14 Forest Ave in desirable downtown Salem! This meticulously maintained two-family home, encompassing approximately 2380 sq ft of living space, offers an exceptional opportunity with a strong rental history and significant capital improvements already in place. Investors will appreciate the peace of mind provided by slate roof and newer vinyl siding, coupled

    The Team - Real Estate Advisors Coldwell Banker Realty - Cambridge

    Section Image
  • 18 Balcomb St, Salem, MA 01970

    $1,075,000

    • 7 Beds
    • 3.5 Baths
    • 4,310 Sq Ft
    • 18 Balcomb St
    • Salem, MA

    Perfect for owner-occupied income producing property, straight-up investment opportunity, or potential condo conversion for developers. Rare Salem 2-family (side-by-side) duplex offering spacious sunny rooms with 2 driveways and good-sized yard seeks new steward. Unit 1 (current owner’s home) offers 4 bedrooms, renovated kitchen and 2 full baths plus interior access to own basement with laundry.

    Nancy Peterson J. Barrett & Company

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Rwgf Realty Llc -- --
Cawley Leonard $157,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nguyen Tan T $700,000
Closed Fortin Christina M $445,000
Closed Fortin Christina M $482,345
Closed Cawley Leonard $285,000
Closed Cawley Leonard $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2023 05/05/23 Sold $875,000 +3.0% $281 / Sq Ft
03/25/2023 03/25/23 Pending -- -- --
03/21/2023 03/21/23 For Sale $849,900 +70.3% $273 / Sq Ft
08/25/2016 08/25/16 Sold $499,000 0.0% $151 / Sq Ft
07/09/2016 07/09/16 Pending -- -- --
06/10/2016 06/10/16 For Sale $499,000 0.0% $151 / Sq Ft
04/29/2016 04/29/16 Pending -- -- --
04/24/2016 04/24/16 For Sale $499,000 -- $151 / 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 $9,912 $874,100 $205,200 $668,900
2024 $9,384 $807,600 $195,000 $612,600
2023 $8,907 $712,000 $180,000 $532,000
2022 $8,895 $671,300 $174,000 $497,300
2021 $8,418 $610,000 $162,000 $448,000
2020 $8,151 $564,100 $153,000 $411,100
2019 $8,068 $534,300 $145,200 $389,100
2018 $7,409 $481,700 $138,000 $343,700
2017 $6,436 $405,800 $116,400 $289,400
2016 $6,274 $400,400 $111,000 $289,400
2015 $5,908 $360,000 $102,000 $258,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73089513

MLS Property Information Network (MLS PIN)

APN: SALE-000025-000000-000005