Tyson Lynch
Responds Quickly
The Proper Nest Real Estate
(351) 666-4531
53 Total Sales
5 in South Salem
$540K - $850K Price Range
8 Hancock St Salem, MA 01970
South Salem Neighborhood
8
Beds
4
Baths
3,834
Sq Ft
6,534
Sq Ft Lot
About This Home
As of October 2020Come check out this rare, four-family opportunity in beautiful Salem. Located close to Salem State and Salem Harbor, this property is a great investment opportunity. Many updates throughout building, along with tons of off street parking in newly paved driveway. Don’t let this opportunity pass you by!
Last Buyer's Agent
Non Member
Non Member Office
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1914
Lot Details
- 6,534
Additional Features
- Basement
Listing and Financial Details
- Assessor Parcel Number M:33 L:0208
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 21, 2020
Closed on
Nov 24, 2020
Sold by
Bought by
Seller's Agent
Vision Realty Group
LAER Realty Partners
Buyer's Agent
Non Member
Non Member Office
List Price
$999,000
Sold Price
$950,000
Premium/Discount to List
-$49,000
-4.9%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$712,500
Outstanding Balance
$619,388
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Listed on
Aug 21, 2020
Closed on
Oct 27, 2020
Sold by
Bought by
Seller's Agent
Vision Realty Group
LAER Realty Partners
Buyer's Agent
Non Member
Non Member Office
List Price
$999,000
Sold Price
$950,000
Premium/Discount to List
-$49,000
-4.9%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$712,500
Outstanding Balance
$619,388
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Listed on
Aug 29, 2018
Closed on
Nov 2, 2018
Sold by
Bought by
Seller's Agent
Tim Phelan
JTP Realty
Buyer's Agent
Tim Phelan
JTP Realty
List Price
$849,900
Sold Price
$825,000
Premium/Discount to List
-$24,900
-2.93%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.46%
Original Mortgage
$618,750
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 31, 2003
Sold by
Bought by
Purchase Details
Closed on
Jan 17, 2002
Sold by
Bought by
Purchase Details
Closed on
Apr 25, 1997
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in South Salem, MA
-
Tyson Lynch
-
Michael Cannuscio
Michael Cannuscio
Responds QuicklyThe Agency Marblehead
(781) 722-7167
21 Total Sales
1 in South Salem
$530,000 Price
-
Jose Rojas
Jose Rojas
William Raveis R.E. & Home Services
(781) 404-3627
68 Total Sales
1 in South Salem
$910,000 Price
-
Paul Conti
Paul Conti
Paul Conti Real Estate
(339) 888-9353
117 Total Sales
1 in South Salem
$539,900 Price
-
Jennifer Schneider
Jennifer Schneider
Century 21 Elite Realty
(781) 549-9402
105 Total Sales
1 in South Salem
$500,000 Price
-
Donna Spector
Donna Spector
Responds QuicklyRealty ONE Group Suburban Lifestyle
(774) 772-5651
34 Total Sales
1 in South Salem
$587,500 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | None Available | ||
| $950,000 | None Available | ||
| $825,000 | -- | ||
| $525,000 | -- | ||
| $310,000 | -- | ||
| $190,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $712,500 | ||
| Previous Owner | $617,000 | ||
| Previous Owner | $618,750 | ||
| Previous Owner | $360,000 | ||
| Previous Owner | $403,190 | ||
| Previous Owner | $418,000 | ||
| Previous Owner | $415,000 | ||
| Previous Owner | $60,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/28/2020 10/28/20 | Sold | $950,000 | -4.9% | $248 / Sq Ft | |
| 09/16/2020 09/16/20 | Pending | -- | -- | -- | |
| 08/21/2020 08/21/20 | For Sale | $999,000 | +21.1% | $261 / Sq Ft | |
| 11/13/2018 11/13/18 | Sold | $825,000 | -2.9% | $227 / Sq Ft | View Prior Sale |
| 09/04/2018 09/04/18 | Pending | -- | -- | -- | |
| 08/29/2018 08/29/18 | For Sale | $849,900 | -- | $234 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $12,475 | $1,100,100 | $178,100 | $922,000 |
| 2024 | $11,040 | $950,100 | $168,700 | $781,400 |
| 2023 | $10,829 | $865,600 | $156,200 | $709,400 |
| 2022 | $10,348 | $781,000 | $146,900 | $634,100 |
| 2021 | $10,260 | $743,500 | $146,900 | $596,600 |
| 2020 | $8,958 | $619,900 | $126,900 | $493,000 |
| 2019 | $6,803 | $450,500 | $120,600 | $329,900 |
| 2018 | $6,227 | $404,900 | $115,000 | $289,900 |
| 2017 | $5,952 | $375,300 | $93,700 | $281,600 |
| 2016 | $5,803 | $370,300 | $88,700 | $281,600 |
| 2015 | $5,798 | $353,300 | $80,000 | $273,300 |
Source: Public Records
Agents Affiliated with this Home
-
Vision Realty Group
V
Seller's Agent in 2020
Vision Realty Group
Laer Realty
(617) 800-9111
192 Total Sales
-
Shawn Fahey
Seller Co-Listing Agent in 2020
Shawn Fahey
Laer Realty
(978) 729-2213
3 Total Sales
-
N
Buyer's Agent in 2020
Non Member
Non Member Office
-
Tim Phelan
T
Seller's Agent in 2018
Tim Phelan
JTP Realty
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72713651
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.
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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