Seller's Agent in 2023
Brian Ortins
Four Points Real Estate, LLC
(978) 979-5007
1 in this area
31 Total Sales
8 Lathrop St Salem, MA 01970
Bridge Street Neighborhood
4
Beds
4
Baths
1,804
Sq Ft
3,302
Sq Ft Lot
About This Home
As of January 2023This is an amazing opportunity to get a multi family in one of the hottest Real Estate markets in the Northshore. This 4 unit multi family home is perfect for an investor looking to add to their portfolio. 8 Lathrop St is conveniently located in between Downtown Salem and Downtown Beverly right before the Beverly-Salem bridge also minutes away from Salem MBTA station making it a great commuter location for both students and professionals. Don't miss your chance to own this 4 unit investment property.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,335
Year Built
- Built in 1850
Lot Details
- 3,302 Sq Ft Lot
Home Design
- Brick Foundation
- Stone Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 1,804 Sq Ft Home
- Unfinished Basement
- Dirt Floor
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Full Bathrooms
Parking
- 3 Car Parking Spaces
- Common or Shared Parking
- Driveway
- Paved Parking
- Open Parking
- Off-Street Parking
Listing and Financial Details
- Total Actual Rent $4,600
- Assessor Parcel Number M:36 L:0336,2137469
Community Details
Overview
- 4 Units
- Property has 1 Level
Building Details
- Net Operating Income $55,200
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
Apr 21, 2022
Closed on
Jan 5, 2023
Sold by
Bought by
Seller's Agent
Brian Ortins
Four Points Real Estate, LLC
Buyer's Agent
Gina And Associates
Keller Williams Realty Evolution
List Price
$689,900
Sold Price
$655,000
Premium/Discount to List
-$34,900
-5.06%
Views
99
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
0.0658%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 31, 2009
Sold by
Bought by
Purchase Details
Closed on
Jul 2, 2008
Sold by
Bought by
Purchase Details
Closed on
Sep 7, 2005
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,325
Interest Rate
0.0579%
Mortgage Type
Commercial
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| $655,000 | None Available | ||
| $168,000 | -- | ||
| $308,435 | -- | ||
| $321,000 | -- |
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 | $425,000 | ||
| Closed | $390,000 | ||
| Previous Owner | $324,000 | ||
| Previous Owner | $227,500 | ||
| Previous Owner | $355,500 | ||
| Previous Owner | $80,325 |
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 |
|---|---|---|---|---|
| 01/05/2023 01/05/23 | Sold | $655,000 | -5.1% | $363 / Sq Ft |
| 11/25/2022 11/25/22 | Pending | -- | -- | -- |
| 11/01/2022 11/01/22 | For Sale | $689,900 | 0.0% | $382 / Sq Ft |
| 09/19/2022 09/19/22 | Pending | -- | -- | -- |
| 06/28/2022 06/28/22 | Price Changed | $689,900 | -1.4% | $382 / Sq Ft |
| 04/21/2022 04/21/22 | For Sale | $699,900 | -- | $388 / 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 | $7,065 | $623,000 | $163,700 | $459,300 |
| 2024 | $6,604 | $568,300 | $155,100 | $413,200 |
| 2023 | $6,426 | $513,700 | $143,600 | $370,100 |
| 2022 | $6,335 | $478,100 | $135,000 | $343,100 |
| 2021 | $5,813 | $421,200 | $135,000 | $286,200 |
| 2020 | $5,396 | $373,400 | $116,600 | $256,800 |
| 2019 | $5,210 | $345,000 | $110,900 | $234,100 |
| 2018 | $4,789 | $311,400 | $105,700 | $205,700 |
| 2017 | $4,539 | $286,200 | $86,200 | $200,000 |
| 2016 | $4,413 | $281,600 | $81,600 | $200,000 |
| 2015 | $4,390 | $267,500 | $73,500 | $194,000 |
Source: Public Records
Agents Affiliated with this Home
-
Brian Ortins
-
Sofia Vasconcelos
S
Seller Co-Listing Agent in 2023
Sofia Vasconcelos
Four Points Real Estate, LLC
(888) 944-5827
1 in this area
15 Total Sales
-
Gina And Associates
G
Buyer's Agent in 2023
Gina And Associates
Keller Williams Realty Evolution
(978) 352-0258
1 in this area
90 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72969600
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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