NOT LISTED FOR SALE

Estimated Value: $631,000 - $655,000

3 Beds
2 Baths
1,317 Sq Ft
$487/Sq Ft Est. Value

Last Sold November 10, 2020

Last sale price $456,000 $346 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $3,890/month

7 Days on Market

Highlights

  • Wood Flooring
  • Electric Baseboard Heater
  • 5-minute walk to Pickman Park
  • Porch
  • Storage Shed

About This Home

As of November 2020

No need to wait for November 3 to elect 8 Cleveland Road as your right house! You will find it among the coveted neighborhood streets of Presidents Monroe, Buchanan, Lincoln, Grant, Harrison, and Taft. This colonial charmer offers an inviting front porch, fireplaced living room, dining room with sunlit alcove, and a kitchen where the Seller has spent 37 happy years baking for family and friends. There are three good-sized bedrooms and one and one-half baths. The generous back yard is perfect for entertaining and planting your own rose or vegetable garden. The Presidential neighborhood enjoys July 4th celebrations and a community garden at Pickman Park with a beach for kayaking and canoeing, part of the Forest River Conservation Area. Easy access to beaches, public transportation, shopping, museums, restaurants, and historic Salem.

Last Agent to Sell the Property

Janice Kostopoulos

Coldwell Banker Realty - Marblehead Listed on: 09/17/2020

Coldwell Banker Realty - Marblehead

Last Buyer's Agent

Michael Selbst

Gibson Sotheby's International Realty

Gibson Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,841

Year Built

  • Built in 1915

Lot Details

  • Property is zoned R1

Kitchen

  • Range
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Storage Shed
  • Porch

Utilities

  • Window Unit Cooling System
  • Hot Water Baseboard Heater
  • Electric Baseboard Heater
  • Heating System Uses Oil
  • Natural Gas Water Heater

Additional Features

  • Basement

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,841

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Single Family Type: Detached
  • Style: Colonial
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 303.64
  • Comp Based On: Net Sale Price
  • Year Built: 1915
  • Lead Paint: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1915

Interior Features

  • Fireplaces: 1
  • Flooring: Tile, Wall to Wall Carpet, Hardwood
  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
  • No Bedrooms: 3
  • Master Bedroom: On Level: Second Floor, Closet, Flooring - Hardwood
  • Bedroom 2: On Level: Second Floor, Flooring - Hardwood
  • Bedroom 3: On Level: Second Floor
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bathroom 1: On Level: Second Floor, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile
  • Bathroom 2: On Level: Basement, Bathroom - Half
  • No Rooms: 6
  • Dining Room: On Level: First Floor, Ceiling Fan(s), Flooring - Hardwood, Flooring - Wall to Wall Carpet, Window(s) - Bay/Bow/Box
  • Kitchen: On Level: First Floor, Ceiling Fan(s), Gas Stove
  • Laundry: On Level: Basement
  • Living Room: On Level: First Floor, Fireplace, Flooring - Hardwood, Flooring - Wall to Wall Carpet
  • Basement: Y
  • Basement Features: Full
  • Main Lo: AN6181
  • Main So: BB5918
  • Estimated Sq Ft: 1317.00

Exterior Features

  • Beachfront Flag: Yes
  • Beach Miles To: 1/2 to 1 Mile
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Stucco
  • Exterior Features: Porch, Storage Shed
  • Foundation: Poured Concrete
  • Insulation Feature: Partial

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Fuses, Circuit Breakers
  • Cooling: Window AC
  • Heating: Hot Water Baseboard, Electric Baseboard, Oil
  • Heat Zones: 2
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range, for Electric Dryer, Washer Hookup

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Park, Golf Course, Medical Facility, Conservation Area, University

Lot Info

  • Assessments: 349800.00
  • Acre: 0.10
  • Lot Size: 4539.00
  • Page: 443
  • Zoning: R1
  • Lot Description: Level

Green Features

  • Energy Features: Insulated Windows, Storm Windows, Storm Doors

Tax Info

  • Taxes: 5054.61
  • Assessor Parcel Number: 2133902
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2020
Closed on
Nov 6, 2020
Sold by
Olsher Rt
Bought by
Lefler Scott and Miller Elisabeth
Seller's Agent
Janice Kostopoulos
Coldwell Banker Realty - Marblehead
Buyer's Agent
Michael Selbst
Gibson Sotheby's International Realty
List Price
$399,900
Sold Price
$456,000
Premium/Discount to List
$56,100
14.03%
Current Estimated Value
$641,753

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$185,753
Avg. Annual Appreciation
6.15%
Original Mortgage
$364,800
Outstanding Balance
$331,716
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$278,925

Purchase Details

Closed on
Jun 20, 2012
Sold by
Olsher Leslie J and Olsher Howard N
Bought by
Olsher Rt

Purchase Details

Closed on
Sep 8, 1983
Bought by
Olsher Rt
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
Lefler Scott $456,000 None Available
Olsher Rt -- --
Olsher Rt $84,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lefler Scott $364,800
Previous Owner Olsher Rt $25,000
Previous Owner Olsher Rt $25,000
Previous Owner Olsher Rt $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2020 11/10/20 Sold $456,000 +14.0% $346 / Sq Ft
09/24/2020 09/24/20 Pending -- -- --
09/17/2020 09/17/20 For Sale $399,900 -- $304 / 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 $5,841 $515,100 $210,600 $304,500
2024 $5,635 $484,900 $198,700 $286,200
2023 $5,327 $425,800 $180,900 $244,900
2022 $5,113 $385,900 $166,100 $219,800
2021 $5,110 $370,300 $154,200 $216,100
2020 $5,055 $349,800 $151,200 $198,600
2019 $4,945 $327,500 $142,300 $185,200
2018 $4,762 $309,600 $132,900 $176,700
2017 $4,682 $295,200 $124,600 $170,600
2016 $4,626 $295,200 $124,600 $170,600
2015 $4,444 $270,800 $109,700 $161,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72727183

MLS Property Information Network (MLS PIN)

APN: SALE-000031-000000-000160