NOT LISTED FOR SALE

8 Gifford Ct Salem, MA 01970

Estimated Value: $780,000 - $877,000

6 Beds
2 Baths
2,693 Sq Ft
$313/Sq Ft Est. Value

Last Sold November 03, 2021

Last sale price $685,000 $254 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $5,243/month

5 Days on Market

About This Home

As of November 2021

C. 1880 Victorian 2 Family (2693 sq ft) on quiet dead end w/ only 6 properties in Salem's well-acclaimed McIntire District. Amazing location, only a 1/2 mile to Salem T stop, downtown & close to Salem Common & Pickering Wharf. 1st flr, 5rms, 2 bdrms, updated kitchen & bath & porch. 1st fl delivered vacant, tenants to vacate by 9.30.21. 2nd & 3rd fl twnhse, 8 rms, 4 bdrms, open concept 17x25 family rm or office w/ exposed beams/ceiling, 2 walk in closets, 3 newer mini split a/c units & porch. Both units w unique built-in shelves/cabinets & in-unit laundry. 2 new gas boilers, new sep. hot water, updated windows, new sep. elec & newer roof. New step down,15x18 patio w pavers. Newly paved parking for 4-5 cars. Huge basement, high ceiling height, sep. storage & a full sized door to the exterior (interior access as well). Great space for the hobbyist, wood worker etc. Open houses Sat & Sunday (9.4 & 9.5) 12-1:30. Any offers are due by 3 PM on Tuesday, 9.7.21. Seller reply by 3 PM, Weds, 9.8

Last Agent to Sell the Property

Gary Blattberg

RE/MAX Beacon Listed on: 09/02/2021

RE/MAX Beacon

Last Buyer's Agent

Faina Snitkovsky

Core Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,846

Year Built

  • 1880

Lot Details

  • 3,049

Interior Spaces

  • Property has 1 Level

Utilities

  • 3 Cooling Zones
  • 2 Heating Zones

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,846

Year Built

1880

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • Directions: Federal Street, Right on Carpenter Street, Left on Gifford Court.
  • Garage Yn: No
  • Road Frontage Type: Public, Dead End
  • Road Surface Type: Paved
  • Year Built Details: Approximate
  • Special Features: None
  • Year Built: 1880

Interior Features

  • Appliances: Unit 1(Dishwasher,Disposal,Refrigerator,Washer,Dryer,Vent Hood), Unit 2(Range,Dishwasher,Disposal,Refrigerator,Washer,Dryer), Gas Water Heater,Tank Water Heater,Water Heater(Varies Per Unit), Utility Connections for Gas Range, Utility Connections for Electric Range, Utility Connections for Electric Dryer
  • Has Basement: Full, Walk-Out Access, Interior Entry
  • Total Bathrooms: 2
  • MAIN LO: AN4305
  • LIST PRICE PER Sq Ft: 259.56
  • PRICE PER Sq Ft: 254.36
  • MAIN SO: AN0388
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Fireplace: No
  • Flooring: Tile,Vinyl,Hardwood, Unit 1(undefined), Unit 2(Hardwood Floors,Wood Flooring)
  • Interior Amenities: Unit 1(Storage,Upgraded Cabinets,Bathroom with Shower Stall), Unit 2(Cathedral/Vaulted Ceilings,Storage,Walk-In Closet,Bathroom With Tub & Shower,Internet Available - Broadband), Unit 1 Rooms(Living Room,Dining Room,Kitchen), Unit 2 Rooms(Living Room,Dining Room,Kitchen)
  • Stories: 3

Exterior Features

  • Roof: Shingle
  • Exterior Features: Rain Gutters, Unit 1 Balcony/Deck
  • Foundation Details: Stone, Brick/Mortar, Irregular
  • Property Condition: Unit 1 Remodeled, Unit 2 Remodeled
  • Construction Type: Frame
  • Disclosures: Current Owner Has Wind Insurance From Rose Insurance In Salem, Ma. It Is Issued Through The Ma Fair Plan. 2nd & 3rd Floor Town House Was Recently Rented For 2800+ Utils Thru 7.31.2021.
  • Home Warranty: No
  • Patio And Porch Features: Porch, Deck - Wood, Patio
  • Waterfront Features: Beach Front, Beach Access, Bay, Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public)
  • Waterfront: Yes

Garage/Parking

  • Parking Features: Paved Drive, Off Street, On Street, Driveway
  • Open Parking: Yes
  • Total Parking Spaces: 4

Utilities

  • Cooling: Unit 1(None), Unit 2(Unit Control,Ductless Mini-Split System)
  • Heating: Unit 1(Central Heat,Steam,Gas,Unit Control), Unit 2(Electric Baseboard,Steam,Gas,Individual,Unit Control,Wall Unit,Ductless Mini-Split System)
  • SEWAGE DISTRICT: SESD
  • HEAT UNITS: 2
  • HEAT ZONES: 2
  • COOLING ZONES: 3
  • Cooling Y N: No
  • Electric: Circuit Breakers, 100 Amp Service, Individually Metered
  • Heating Yn: Yes
  • Laundry Features: Unit 1 Laundry Room, Unit 2 Laundry Room
  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Range, for Electric Dryer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Bike Path, Conservation Area, House of Worship, Public School, T-Station, University, Sidewalks
  • HOA Rent Includes: Unit 1(Water), Unit 2(Water)
  • Senior Community: No

Lot Info

  • LOT SIZE: 2927
  • PAGE: 271
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 3049.2
  • Zoning: R2

Multi Family

  • LEVELS 1: 1
  • COOLING UNITS: 3
  • LEVELS 2: 2
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 2
  • Annual Gross Income: 23400
  • Property Net Operating Income: 23400
  • Number Of Units Total: 2
  • Total Actual Rent: 1950

Tax Info

  • Tax Annual Amount: 7016
  • Tax Book Number: 34077
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2021
Closed on
Nov 3, 2021
Sold by
Nelson Monique M
Bought by
Scott Michael R
Seller's Agent
Gary Blattberg
RE/MAX Beacon
Buyer's Agent
Faina Snitkovsky
Core Real Estate
List Price
$699,000
Sold Price
$685,000
Premium/Discount to List
-$14,000
-2%
Current Estimated Value
$842,094

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,094
Avg. Annual Appreciation
5.55%
Original Mortgage
$582,250
Outstanding Balance
$534,981
Interest Rate
2.88%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$307,113

Purchase Details

Listed on
Feb 12, 2015
Closed on
May 22, 2015
Sold by
Walker Shirley A
Bought by
Nelson Monique M
Seller's Agent
Pam McKee
Keller Williams Realty Evolution
Buyer's Agent
Gary Blattberg
RE/MAX Beacon
List Price
$529,000
Sold Price
$481,000
Premium/Discount to List
-$48,000
-9.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.63%
Original Mortgage
$451,250
Interest Rate
3.66%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Scott Michael R $685,000 None Available
Nelson Monique M $481,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scott Michael R $582,250
Previous Owner Nelson Monique M $451,250
Previous Owner Oneil Robin $325,000
Previous Owner Oneil Robin $62,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/03/2021 11/03/21 Sold $685,000 -2.0% $254 / Sq Ft
09/08/2021 09/08/21 Pending -- -- --
09/02/2021 09/02/21 For Sale $699,000 +45.3% $260 / Sq Ft
05/22/2015 05/22/15 Sold $481,000 -9.1% $179 / Sq Ft
04/22/2015 04/22/15 Pending -- -- --
02/12/2015 02/12/15 For Sale $529,000 -- $196 / 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 $7,846 $691,900 $175,100 $516,800
2024 $7,501 $645,500 $166,400 $479,100
2023 $7,415 $592,700 $153,600 $439,100
2022 $7,405 $558,900 $148,500 $410,400
2021 $7,016 $508,400 $138,200 $370,200
2020 $6,786 $469,600 $130,600 $339,000
2019 $6,720 $445,000 $123,900 $321,100
2018 $6,201 $403,200 $117,800 $285,400
2017 $5,817 $366,800 $99,300 $267,500
2016 $5,544 $353,800 $94,700 $259,100
2015 $4,572 $278,600 $87,000 $191,600
Source: Public Records

Agents Affiliated with this Home

  • Gary Blattberg

    Seller's Agent in 2021

    Gary Blattberg

    RE/MAX

    (978) 882-4469

    127 Total Sales

    Gary Blattberg
    Section Image

  • F

    Buyer's Agent in 2021

    Faina Snitkovsky

    Core Real Estate

    (617) 869-4477

    97 Total Sales

    Faina Snitkovsky
    Section Image
  • Pam McKee

    Seller's Agent in 2015

    Pam McKee

    Keller Williams Realty Evolution

    (978) 500-4047

    101 Total Sales

    Pam McKee
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72889074

MLS Property Information Network (MLS PIN)

APN: SALE-000026-000000-000562

Massachusetts Essex County Salem 01970

8 Gifford Ct, Salem, MA

This home is located at 8 Gifford Ct, Salem, MA 01970 since 02 September 2021 and is currently estimated at $842,094, approximately $312 per square foot. This property was built in 1880. 8 Gifford Ct is a home located in Essex County with nearby schools including Carlton Elementary School, Horace Mann Laboratory, and Bates 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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