8 Cleveland Rd Salem, MA 01970
South Salem NeighborhoodEstimated Value: $597,000 - $620,000
3
Beds
2
Baths
1,317
Sq Ft
$461/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Electric Baseboard Heater
- 5-minute walk to Pickman Park
- Porch
- Storage Shed
About This Home
As of November 2020No 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
Coldwell Banker Realty - Marblehead Listed on: 09/17/2020
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
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%
Total Days on Market
7
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
$150,598
Avg. Annual Appreciation
6.63%
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
Similar Homes in Salem, MA
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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
Average Home Value in this Area
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 | |
| Closed | Zielinski Steven E | $27,000 | |
| Previous Owner | Zielinski Steven | $106,000 | |
| 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
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
-
Janice Kostopoulos
Seller's Agent in 2020
Janice Kostopoulos
Coldwell Banker Realty - Marblehead
(617) 365-6316
2 in this area
25 Total Sales
-
Michael Selbst
Buyer's Agent in 2020
Michael Selbst
Gibson Sotheby's International Realty
(617) 504-9159
4 in this area
67 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72727183
APN: SALE-000031-000000-000160
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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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