NOT LISTED FOR SALE

Estimated Value: $812,288 - $938,000

5 Beds
2 Baths
2,808 Sq Ft
$305/Sq Ft Est. Value

Last Sold June 03, 2020

Last sale price $615,000 $219 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $5,170/month

2 Days on Market

About This Home

As of June 2020

Spacious 2808 sf 2 Family in Historic Salem MA, can easily be 3144 sf. Be prepared to be Impressed. Well maintained, low maintenance home w/ updated kitchens, baths & replacement windows. Internet Virtual Purchase. No showings. Buyer w/ accepted offer to be satisfied when viewed at Home inspection.1st fl (1233 sf) 5 rms/2 bdrms/1 bth. 2nd &3rd fl Townhouse (1575 sf) 6 rms/3 bdrm/1 bth. Easily add heat to 7th finished rm (12x28) makes this 1911 sf, the size of a single family. 4 bdrms w/ 3x6 walk-in closets. Large 2-car garage (21x22), newer roof, parking for 6 more cars. Private, enclosed yard, 8181 sq ft lot & 6x14 deck. Separate utilities & 2 w/d hookups in spacious basement for storage, /workshop etc. Splendid location bordering Famed McIntire District. Only .9 of a mile to Salem Train (4 mins by car, 18 mins walking). Close to Downtown. View 8 Fowler St, Salem, MA on these links.3D Photo link: https://tinyurl.com/tvtgzpa Video link: https://vimeo.com/401643717/1d6944a049

Last Agent to Sell the Property

Gary Blattberg

RE/MAX Beacon Listed on: 03/29/2020

RE/MAX Beacon

Last Buyer's Agent

Gregory Anderson

A. C. B. Realty Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,300

Year Built

  • Built in 1921

Lot Details

  • 8,276

Parking

  • 2 Car Garage

Flooring

  • Wood
  • Tile

Utilities

  • Water Holding Tank
  • Natural Gas Water Heater

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:25 L:0141

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,300

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 1.00
  • Insc: 2000
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 206.20
  • Comp Based On: Net Sale Price
  • Year Built: 1921
  • Lead Paint: Unknown
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1921

Interior Features

  • Flooring: Wood, Tile, Hardwood
  • Total Flrs: 3
  • No Bedrooms: 5
  • Total Brs: 5
  • Full Bathrooms: 2
  • Total Fbh: 2
  • No Rooms: 11
  • Basement: Y
  • Basement Features: Full, Interior Access, Concrete Floor
  • Main Lo: NB5012
  • Main So: AC0273
  • Estimated Sq Ft: 2808.00

Exterior Features

  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles, Slate
  • Exterior: Aluminum
  • Foundation: Granite
  • Foundation Size: 28 x 42

Garage/Parking

  • Parking Feature: Off-Street, Tandem, Improved Driveway, Paved Driveway
  • Parking Spaces: 8
  • Garage Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric: 300
  • Electric Features: Circuit Breakers, 100 Amps, Individually Metered
  • Sewage District: SESD
  • Heat Zones: 3
  • Hot Water: Natural Gas, Tank
  • Utility Connections: for Gas Range, for Electric Dryer, Washer Hookup

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Tennis Court, Park, Golf Course, Medical Facility, Bike Path, Conservation Area, Highway Access, Public School, T-Station, University

Lot Info

  • Assessments: 421400.00
  • Acre: 0.19
  • Lot Size: 8181.00
  • Page: 403
  • Parcel Number: M:25 L:0141
  • Zoning: R2
  • Lot Description: Paved Drive, Fenced/Enclosed, Level

Green Features

  • Energy Features: Insulated Windows, Storm Doors

Multi Family

  • APOD Available: Yes
  • Heat Units: 2
  • Total Levels: 3
  • Total Rent: 3900
  • Total Rms: 11
  • No Units: 2
  • Mf Type: 2 Family

Tax Info

  • Taxes: 6089.00
  • Assessor Parcel Number: 2131502

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2020
Closed on
Jun 3, 2020
Sold by
Crofts Jeffrey W
Bought by
Badgett Jason L
Seller's Agent
Gary Blattberg
RE/MAX Beacon
Buyer's Agent
Gregory Anderson
A. C. B. Realty Inc.
List Price
$579,000
Sold Price
$615,000
Premium/Discount to List
$36,000
6.22%
Current Estimated Value
$857,072

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$242,072
Avg. Annual Appreciation
6.40%
Original Mortgage
$603,860
Outstanding Balance
$536,274
Interest Rate
3.3%
Mortgage Type
FHA
Estimated Equity
$320,798

Purchase Details

Closed on
Nov 3, 2010
Sold by
Moore Peter J and Moore John J
Bought by
Crofts Jeffrey W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,676
Interest Rate
4.41%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 2, 2003
Sold by
Moore Catherine M and Moore John J
Bought by
Moore John J
Source: Public Records

Range of Values:

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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
Badgett Jason L $615,000 None Available
Crofts Jeffrey W $240,000 --
Moore John J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Badgett Jason L $603,860
Previous Owner Moore John J $246,235
Previous Owner Moore John J $230,676
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/03/2020 06/03/20 Sold $615,000 +6.2% $219 / Sq Ft
03/31/2020 03/31/20 Pending -- -- --
03/29/2020 03/29/20 For Sale $579,000 -- $206 / 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 $7,300 $643,700 $221,500 $422,200
2024 $6,977 $600,400 $210,500 $389,900
2023 $6,757 $540,100 $194,300 $345,800
2022 $6,947 $524,300 $187,800 $336,500
2021 $6,585 $477,200 $174,900 $302,300
2020 $6,089 $421,400 $165,200 $256,200
2019 $6,022 $398,800 $156,700 $242,100
2018 $5,581 $362,900 $149,000 $213,900
2017 $5,162 $325,500 $125,700 $199,800
2016 $5,008 $319,600 $119,800 $199,800
2015 $4,859 $296,100 $110,100 $186,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72638855

MLS Property Information Network (MLS PIN)

APN: SALE-000025-000000-000141