NOT LISTED FOR SALE

Estimated Value: $851,000 - $1,329,000

3 Beds
2 Baths
1,917 Sq Ft
$557/Sq Ft Est. Value

Sale Details

Date Sold: November 29, 2021

Last sale price $800,000 $417 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $6,819 / mo

15 Days on Market

About This Home

As of November 2021

An inviting waterfront opportunity in the beautiful treelined North Salem neighborhood! Resting on a bend in the North River, 8 Dearborn Lane sits atop a quiet cul-de-sac, adding a layer of privacy to the waterfront setting. The house is perfectly situated for the morning sun, as light pours into the dining room and spreads throughout the dwelling. Sunsets are equally as stunning. The Sellers of this 3 bedroom 2 bath split-style ranch have completely transformed the space, adding brand new floors, recessed lighting, kitchen counters, cabinets, appliances, and windows. Everything from the ceiling to the floors has been gutted and updated. Brand new solar panels were installed last year. Beautiful backyard which is safely fenced in, while still providing direct access to the water. The house sits on a large lot with plenty of space for parking. Close to Downtown Salem and easy access to 128/95, Rt.1 and Rt.1A, and the Commuter Rail.

Last Agent to Sell the Property

Gui Moreira

Coldwell Banker Realty - Boston Listed on: 09/15/2021

Coldwell Banker Realty - Boston

Last Buyer's Agent

Nancy McLaughlin

Redfin Corp.

Redfin Corp.

Home Details

Home Type

  • Single Family

Year Built

  • 1979

Lot Details

  • 0.32

Parking

  • 1

Flooring

  • Wall to Wall Carpet
  • Vinyl

Additional Features

  • Primary bedroom located on second floor
  • 10 Heating Zones

Home Details

Home Type

Single Family

Year Built

1979

Lot Details

0.32 Acres

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • Architectural Style: Ranch
  • Carport Y N: No
  • Directions: GPS
  • Garage Yn: Yes
  • Green Power: Solar
  • Property Attached Yn: No
  • Road Frontage Type: Public
  • Year Built Details: Actual
  • Special Features: None
  • Year Built: 1979

Interior Features

  • Appliances: Dishwasher,Disposal,Microwave,Refrigerator,Freezer,Washer,Dryer, Electric Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Oven, Utility Connections for Electric Dryer
  • Room Bedroom2 Level: Second
  • Room Bedroom2 Features: Flooring - Wall to Wall Carpet
  • Room Bedroom3 Features: Flooring - Wall to Wall Carpet
  • Room Bedroom3 Level: Second
  • Room Master Bedroom Features: Flooring - Wall to Wall Carpet
  • Room Master Bedroom Level: Second
  • Bathroom 1 Features: Flooring - Vinyl
  • Bathroom 1 Level: Second
  • Bathroom 2 Level: First
  • Bathroom 2 Features: Flooring - Vinyl
  • Room Dining Room Features: Flooring - Vinyl
  • Room Dining Room Level: Second
  • Room Family Room Level: First
  • Room Family Room Features: Flooring - Wall to Wall Carpet
  • Room Kitchen Level: Second
  • Room Kitchen Features: Flooring - Vinyl
  • Room Living Room Level: Second
  • Room Living Room Features: Flooring - Wall to Wall Carpet
  • MAIN LO: AN6527
  • MAIN SO: NB3534
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Vinyl, Carpet, Flooring - Vinyl
  • Interior Amenities: Mud Room

Exterior Features

  • Roof: Shingle
  • Exterior Features: Storage, Sprinkler System
  • Foundation Details: Concrete Perimeter
  • View: Scenic View(s)
  • Construction Type: Frame
  • Fencing: Fenced
  • Lot Features: Sloped
  • Patio And Porch Features: Patio
  • Waterfront Features: Waterfront, Beach Front, River, Frontage, Direct Access, Harbor
  • Waterfront: Yes

Garage/Parking

  • Parking Features: Attached, Paved Drive, Paved
  • Attached Garage: Yes
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Open Parking: Yes
  • Total Parking Spaces: 5

Utilities

  • Cooling: None
  • Heating: Electric Baseboard
  • HEAT ZONES: 10
  • COOLING ZONES: 0
  • Cooling Y N: No
  • Electric: 200+ Amp Service
  • Heating Yn: Yes
  • Laundry Features: Washer Hookup
  • Security: Security System
  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf

Lot Info

  • LOT SIZE: 13909
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 13939.2
  • Zoning: R1

Tax Info

  • Tax Annual Amount: 7923.26
  • Tax Book Number: 38343
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 27, 2024
Sold by
Becroft Steven and Hale Carol A
Bought by
Hale Becroft Ret and Becroft
Current Estimated Value
$1,067,182

Purchase Details

Listed on
Sep 15, 2021
Closed on
Oct 8, 2021
Sold by
Essington Katherine and Essington Rayn P
Bought by
Becroft Steven
Seller's Agent
Gui Moreira
Coldwell Banker Realty - Boston
Buyer's Agent
Nancy McLaughlin
Redfin Corp.
List Price
$775,000
Sold Price
$800,000
Premium/Discount to List
$25,000
3.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.74%

Purchase Details

Listed on
Feb 12, 2020
Closed on
Mar 16, 2020
Sold by
Dearborn Nt and Bowman
Bought by
Essington Katherine F and Essington Ryan P
Seller's Agent
Daniel Meegan
J. Barrett & Company
Buyer's Agent
Tache Preferred Properties Group
Tache Real Estate, Inc.
List Price
$600,000
Sold Price
$575,000
Premium/Discount to List
-$25,000
-4.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.44%
Original Mortgage
$546,250
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 4, 1998
Sold by
Dickson Hugh and Dickson Lorraine M
Bought by
Bowman Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,500
Interest Rate
7.05%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Hale Becroft Ret -- None Available
Hale Becroft Ret -- None Available
Becroft Steven $1,000,000 None Available
Becroft Steven $800,000 None Available
Becroft Steven $800,000 None Available
Essington Katherine F $575,000 None Available
Essington Katherine F $575,000 None Available
Bowman Barbara $320,000 --
Bowman Barbara M $320,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Essington Katherine F $546,250
Previous Owner Bowman Barbara M $244,500
Previous Owner Bowman Barbara M $98,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/29/2021 11/29/21 Sold $800,000 +3.2% $417 / Sq Ft
10/01/2021 10/01/21 Pending -- -- --
09/15/2021 09/15/21 For Sale $775,000 +34.8% $404 / Sq Ft
03/17/2020 03/17/20 Sold $575,000 -4.2% $300 / Sq Ft View Prior Sale
02/25/2020 02/25/20 Pending -- -- --
02/12/2020 02/12/20 For Sale $600,000 -- $313 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $13,458 $1,186,800 $357,700 $829,100
2024 $12,453 $1,071,700 $357,700 $714,000
2023 $8,357 $668,000 $265,700 $402,300
2022 $7,542 $569,200 $251,700 $317,500
2021 $7,924 $574,200 $251,700 $322,500
2020 $8,868 $613,700 $265,700 $348,000
2019 $9,096 $602,400 $252,700 $349,700
2018 $8,979 $583,800 $252,700 $331,100
2017 $8,545 $538,800 $230,900 $307,900
2016 $8,443 $538,800 $230,900 $307,900
2015 $8,331 $507,700 $230,900 $276,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72894984

MLS Property Information Network (MLS PIN)

APN: SALE-000036-000000-000503

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