NOT LISTED FOR SALE

Estimated Value: $810,000 - $868,000

3 Beds
1.5 Baths
2,000 Sq Ft
$419/Sq Ft Est. Value

Last Sold September 23, 2022

Last sale price $560,000 $280 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $5,255/month

5 Days on Market

Highlights

  • Medical Services
  • Property is near public transit
  • 1 Fireplace
  • Colonial Architecture
  • Wood Flooring
  • Home Office

About This Home

As of September 2022

This lovely home features an open floor plan on the first level, eat-in kitchen with stainless appliances, dining area and living room with hardwood floors and a pellet stove, home office/sun room and a half bath. Second level offers 3 bedrooms and a full bath, gorgeous wide plank floors in main bedroom, generous full bathroom with double sink vanity and hallway alcove perfect for computer desk or reading area. Laundry in basement, 2-car, off-street parking, fenced-in yard with large brick patio and storage shed. Ideally located on a quiet, dead end street, easily accessible to Vinnin Square, Highland Ave shopping plaza, the commuter rail and downtown Salem which offers, historical sites and tours, the Peabody Essex Museum, shopping and restaurants. Close proximity to Salem State University.

Last Agent to Sell the Property

Melissa Dias Lopes

J. Barrett & Company Listed on: 08/09/2022

Last Buyer's Agent

Team Lillian Montalto

Lillian Montalto Signature Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,845

Year Built

  • Built in 1920

Lot Details

  • 3,480 Sq Ft Lot
  • Property fronts an easement
  • Fenced
  • Property is zoned R1

Home Design

  • Colonial Architecture
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,000 Sq Ft Home
  • Ceiling Fan
  • Recessed Lighting
  • Light Fixtures
  • 1 Fireplace
  • Dining Area
  • Home Office

Kitchen

  • Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • Double Vanity
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Block Basement Construction
  • Laundry in Basement

Parking

  • 2 Car Parking Spaces
  • Off-Street Parking

Eco-Friendly Details

  • ENERGY STAR Qualified Equipment for Heating

Outdoor Features

  • Patio
  • Outdoor Storage
  • Rain Gutters

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Ductless Heating Or Cooling System
  • 4 Cooling Zones
  • 2 Heating Zones
  • Heating System Uses Propane
  • Pellet Stove burns compressed wood to generate heat
  • Baseboard Heating
  • 100 Amp Service
  • Propane Water Heater

Community Details

  • Medical Services
  • Shops

Listing and Financial Details

  • Assessor Parcel Number M:23 L:0165,2130956

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,845

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Colonial
  • Year Built: 1920
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Transaction Broker: 1
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour

Interior Features

  • Flooring: Wood, Tile, Carpet, Flooring - Wall to Wall Carpet
  • Interior Amenities: Home Office
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Range,Dishwasher,Microwave,Refrigerator,Washer,Dryer, Propane Water Heater, Plumbed For Ice Maker, Utility Connections for Electric Range, Utility Connections for Electric Oven, Utility Connections for Gas Dryer
  • Total Bedrooms: 3
  • Room Bedroom2 Level: Second
  • Room Bedroom2 Features: Closet, Flooring - Wall to Wall Carpet, Recessed Lighting
  • Room Bedroom2 Area: 173.4375
  • Room Bedroom3 Features: Closet, Flooring - Wall to Wall Carpet
  • Room Bedroom3 Area: 165.3125
  • Room Bedroom3 Level: Second
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bathrooms: 1.5
  • Room Master Bedroom Features: Ceiling Fan(s), Closet, Flooring - Hardwood
  • Room Master Bedroom Level: Second
  • Room Master Bedroom Area: 172.895833
  • Bathroom 1 Area: 8.5
  • Bathroom 1 Features: Bathroom - Half, Flooring - Stone/Ceramic Tile
  • Bathroom 1 Level: First
  • Bathroom 2 Level: Second
  • Bathroom 2 Area: 55.416666
  • Bathroom 2 Features: Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - With Tub & Shower, Flooring - Vinyl
  • Room Dining Room Features: Ceiling Fan(s), Flooring - Hardwood
  • Room Dining Room Level: First
  • Room Family Room Level: First
  • Room Kitchen Level: First
  • Room Kitchen Features: Bathroom - Half, Ceiling Fan(s), Flooring - Stone/Ceramic Tile, Dining Area, Exterior Access, Lighting - Overhead
  • Room Kitchen Area: 202.3125
  • Laundry Features: In Basement, Washer Hookup
  • Room Living Room Level: First
  • Room Living Room Area: 484.375
  • Room Living Room Features: Wood / Coal / Pellet Stove, Flooring - Hardwood, Recessed Lighting
  • Room Office Level: First
  • Room Office Area: 135.111111
  • Room Office Features: Flooring - Wall to Wall Carpet
  • Basement: Full, Walk-Out Access, Interior Entry, Concrete, Unfinished
  • Living Area: 2000
  • MAIN LO: C95243
  • LIST PRICE PER Sq Ft: 264.95
  • PRICE PER Sq Ft: 280
  • MAIN SO: G62122

Exterior Features

  • Exterior Features: Rain Gutters, Storage
  • Construction Materials: Frame
  • Fencing: Fenced/Enclosed, Fenced
  • Foundation Details: Stone
  • Patio And Porch Features: Patio
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront Features: Beach Front, Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Oven, for Gas Dryer, Washer Hookup, Icemaker Connection
  • Cooling: Ductless
  • Heating: Baseboard, Electric, Propane, ENERGY STAR Qualified Equipment, Pellet Stove, Ductless
  • Cooling Y N: Yes
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 2
  • COOLING ZONES: 4

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Medical Facility, Highway Access, House of Worship, Public School, T-Station, University

Lot Info

  • Parcel Number: M:23 L:0165,2130956
  • Zoning: R1
  • Farm Land Area Units: Square Feet
  • Lot Features: Easements
  • Lot Size Acres: 0.08
  • Lot Size Area: 0.08
  • Lot Size Sq Ft: 3480
  • Lot Size Units: Acres
  • Property Attached YN: No
  • PAGE: 129
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 5845
  • Tax Book Number: 32734

Multi Family

  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 19, 2020
Sold by
Koutsos George T
Bought by
Koutsos Alexandra N
Current Estimated Value
$838,576

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Outstanding Balance
$375,442
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$457,777

Purchase Details

Listed on
Mar 6, 2015
Closed on
Mar 30, 2015
Sold by
8 Adams Street T
Bought by
Koutsos George T
Seller's Agent
Susan Keenan
RE/MAX 360
Buyer's Agent
Susan Keenan
RE/MAX 360
List Price
$359,900
Sold Price
$355,000
Premium/Discount to List
-$4,900
-1.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.54%
Original Mortgage
$355,000
Interest Rate
3.68%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 2012
Sold by
Mazurkiewicz Michael J and Obrien Kathleen A
Bought by
8 Adams Street T

Purchase Details

Closed on
Jun 28, 1996
Sold by
Kelley Gloria R and Kelley Paul F
Bought by
Mazurkiewicz Michael and Obrien Kathleen

Purchase Details

Closed on
Jan 27, 1994
Sold by
Englehardt Donald
Bought by
Kelley Gloria and Englehardt Gloria

Purchase Details

Closed on
Dec 20, 1989
Sold by
Deroche Dean
Bought by
Deroche Nancy

Purchase Details

Closed on
Jun 27, 1988
Sold by
Deroche Kelly A
Bought by
Deroche Dean
Source: Public Records

Range of Values:

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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
Koutsos Alexandra N -- None Available
Koutsos George T $355,000 --
8 Adams Street T -- --
Mazurkiewicz Michael $143,500 --
Kelley Gloria $40,000 --
Deroche Nancy $135,000 --
Deroche Dean $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Koutsos Alexandra N $420,000
Previous Owner Koutsos Alexandra N $120,000
Previous Owner Koutsos George T $345,000
Previous Owner Koutsos George T $355,000
Previous Owner Deroche Dean H $80,000
Previous Owner Deroche Dean H $155,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2022 09/23/22 Sold $560,000 +5.7% $280 / Sq Ft
08/15/2022 08/15/22 Pending -- -- --
08/09/2022 08/09/22 For Sale $529,900 +49.3% $265 / Sq Ft
03/31/2015 03/31/15 Sold $355,000 -1.4% $150 / Sq Ft
03/06/2015 03/06/15 For Sale $359,900 -- $153 / 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 $8,215 $724,400 $206,600 $517,800
2024 $7,857 $676,200 $196,300 $479,900
2023 $7,642 $610,900 $181,200 $429,700
2022 $7,607 $574,100 $175,200 $398,900
2021 $7,219 $523,100 $163,100 $360,000
2020 $6,992 $483,900 $154,000 $329,900
2019 $6,928 $458,800 $146,200 $312,600
2018 $6,280 $408,300 $138,900 $269,400
2017 $5,684 $358,400 $117,200 $241,200
2016 $5,530 $352,900 $111,700 $241,200
2015 $5,072 $309,100 $102,700 $206,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73022967

MLS Property Information Network (MLS PIN)

APN: SALE-000023-000000-000164