$350,000
SOLD APR 22, 2016

8 Elm Ave Salem, MA 01970

Vinnin Square Neighborhood
3 Beds
1 Bath
3,094 Sq Ft
5,663 Sq Ft Lot

Recently Sold

$113 Per Sq Ft

5% Below List Price

21 Days on Market

About This Home

As of December 2020

Desirable South Salem. Much bigger than it looks from the road. Move right into this well maintained, flexible floor plan, 5/7 Rooms, 3 Bedrooms, 1 Bathroom ranch with a 1 car detached garage. Updated maple and granite kitchen. Updated Bathroom. Great for entertaining, including a 21X12 Dining Room, with skylight. Gleaming hardwood floors. Central air conditioning. Beautiful 21X19 three seasons porch, with wood burning/FP/Stove, off kitchen and dining room with slate flooring, cathedral ceilings and overlooking the in-ground pool. Walk-out basement with large family room and office. Plenty of room for storage. Fenced yard. Dead end street. Convenient to commuter routes, public transportation, Vinnin Square shops and restaurants. This is a Fannie Mae HomePath Property!

Last Agent to Sell the Property

Melody Roloff

Kody & Company, Inc. Listed on: 02/03/2016

Last Buyer's Agent

Paul Nameche

Jebb Realty, LLC

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,997

Year Built

1951

Lot Details

0

Listing Details

  • Lot Description: Paved Drive, Fenced/Enclosed, Level
  • Property Type: Single Family
  • Other Agent: 3.00
  • Lead Paint: Unknown
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1951

Interior Features

  • Appliances: Range, Dishwasher, Microwave, Refrigerator
  • Has Basement: Yes
  • Number of Rooms: 7
  • Amenities: Public Transportation, Shopping
  • Electric: Circuit Breakers
  • Flooring: Wood, Tile
  • Basement: Full, Partially Finished, Walk Out
  • Bedroom 2: First Floor, 11X10
  • Bedroom 3: First Floor, 11X10
  • Bathroom #1: First Floor, 9X7
  • Kitchen: First Floor, 15X11
  • Laundry Room: Basement
  • Living Room: First Floor, 18X14
  • Master Bedroom: First Floor, 15X11
  • Master Bedroom Description: Flooring - Hardwood
  • Dining Room: First Floor, 24X15
  • Family Room: Basement, 24X18
  • Oth1 Room Name: Office
  • Oth1 Dimen: 11X08
  • Oth2 Dimen: 21X19
  • Oth2 Dscrp: Flooring - Stone/Ceramic Tile

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Wood
  • Exterior Features: Patio, Pool - Inground, Cabana, Gutters, Fenced Yard
  • Foundation: Poured Concrete
  • Beach Ownership: Public

Garage/Parking

  • Garage Parking: Detached, Garage Door Opener
  • Garage Spaces: 1
  • Parking: Off-Street
  • Parking Spaces: 3

Utilities

  • Cooling: Central Air
  • Heating: Hot Water Baseboard, Oil
  • Hot Water: Tank
  • Utility Connections: for Electric Range
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Lot Info

  • Assessor Parcel Number: M:21 L:0204
  • Zoning: R1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2020
Closed on
Feb 26, 2021
Sold by
Cruz-Lopez Roberto C
Bought by
Cruz-Lopez Roberto C and Cruz-Cillanueva Arely
Seller's Agent
Esther Summersett
Hadassah Homes, Inc.
Buyer's Agent
Benilton Silva
Benny's Realty Group
List Price
$529,999
Sold Price
$560,000
Premium/Discount to List
$30,001
5.66%
Current Estimated Value
$764,751

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$204,751
Avg. Annual Appreciation
7.06%

Purchase Details

Listed on
Oct 27, 2020
Closed on
Dec 14, 2020
Sold by
Lopez Mabelyn
Bought by
Cruz-Lopez Roberto
Seller's Agent
Esther Summersett
Hadassah Homes, Inc.
Buyer's Agent
Benilton Silva
Benny's Realty Group
List Price
$529,999
Sold Price
$560,000
Premium/Discount to List
$30,001
5.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$549,653
Interest Rate
2.7%
Mortgage Type
FHA

Purchase Details

Listed on
Feb 3, 2016
Closed on
Apr 22, 2016
Sold by
Fnma
Bought by
Lopez Mabelyn
Seller's Agent
Melody Roloff
Kody & Company, Inc.
Buyer's Agent
Paul Nameche
Jebb Realty, LLC
List Price
$369,900
Sold Price
$350,000
Premium/Discount to List
-$19,900
-5.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.52%
Original Mortgage
$343,660
Interest Rate
3.68%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 15, 2016
Sold by
Sherifi Vasilika
Bought by
Fnma

Purchase Details

Closed on
Sep 20, 2007
Sold by
Paul Agnes V and Paul Chester M
Bought by
Sherifi Mem and Sherifi Vasilika

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
6.63%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 11, 2006
Sold by
Marrs Kathy B
Bought by
Paul Chester M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$313,400
Interest Rate
6.53%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 24, 2006
Sold by
Edward J Marrs Irt
Bought by
Paul Chester M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$313,400
Interest Rate
6.53%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Not Resolvable $560,000 None Available
Warranty Deed $350,000 --
Foreclosure Deed $348,100 --
Deed $350,000 --
Deed -- --
Deed $329,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $549,653 FHA
Previous Owner $368,000 Adjustable Rate Mortgage/ARM
Previous Owner $101,587 FHA
Previous Owner $343,660 FHA
Previous Owner $315,000 Purchase Money Mortgage
Previous Owner $313,400 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2020 12/31/20 Sold $560,000 +5.7% $181 / Sq Ft
11/06/2020 11/06/20 Pending -- -- --
10/27/2020 10/27/20 For Sale $529,999 +51.4% $171 / Sq Ft
04/22/2016 04/22/16 Sold $350,000 -5.4% $113 / Sq Ft
02/24/2016 02/24/16 Pending -- -- --
02/03/2016 02/03/16 For Sale $369,900 -- $120 / 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 $6,997 $617,000 $208,300 $408,700
2024 $7,038 $605,700 $197,900 $407,800
2023 $6,699 $535,500 $182,700 $352,800
2022 $6,103 $460,600 $176,600 $284,000
2021 $5,900 $427,500 $164,400 $263,100
2020 $5,495 $380,300 $155,300 $225,000
2019 $5,376 $356,000 $147,400 $208,600
2018 $5,237 $340,500 $140,100 $200,400
2017 $4,974 $313,600 $118,100 $195,500
2016 $4,829 $308,200 $112,700 $195,500
2015 $4,580 $279,100 $103,500 $175,600
Source: Public Records

Agents Affiliated with this Home

  • Esther Summersett

    Seller's Agent in 2020

    Esther Summersett

    Hadassah Homes, Inc.

    (781) 309-2010

    1 in this area

    23 Total Sales

    Section Image
  • Hazel Santana

    Seller Co-Listing Agent in 2020

    Hazel Santana

    Hadassah Homes, Inc.

    (781) 600-4996

    1 in this area

    58 Total Sales

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  • Benilton Silva

    Buyer's Agent in 2020

    Benilton Silva

    Benny's Realty Group

    (617) 817-1024

    1 in this area

    50 Total Sales

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  • Melody Roloff

    Seller's Agent in 2016

    Melody Roloff

    Kody & Company, Inc.

    (617) 794-3101

    10 Total Sales

    Section Image

  • P

    Buyer's Agent in 2016

    Paul Nameche

    Jebb Realty, LLC

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71955716

MLS Property Information Network (MLS PIN)

APN: SALE-000021-000000-000204

Massachusetts Essex County Salem 01970 Vinnin Square

8 Elm Ave, Salem, MA

This home is located at 8 Elm Ave, Salem, MA 01970 and is currently priced at $350,000, approximately $113 per square foot. This property was built in 1951. 8 Elm Ave is a home located in Essex County with nearby schools including Saltonstall School, Horace Mann Laboratory, and Carlton Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Property Information Network (MLS PIN) 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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