Seller's Agent in 2021
Laura Crowell
J. Barrett & Company
(978) 922-3683
1 in this area
132 Total Sales
8 May St Salem, MA 01970
Gallows Hill NeighborhoodEstimated Value: $539,000 - $611,000
2
Beds
2
Baths
1,344
Sq Ft
$438/Sq Ft
Est. Value
About This Home
As of November 2021This home is a charming and fabulous surprise!! The 2 bed, 1.5 bath is conveniently located just outside the McIntire District, across the street from Splaine Park, and close proximity to all downtown Salem has to offer! Owners have wonderfully maintained this home which includes a full kitchen renovation and the addition of a half bath on the first floor. The open spacious layout is ideal for entertaining yet simple and classy enough to enjoy on a day to day basis. Off the kitchen, head outside to a deck and private backyard with mature lush plantings and storage shed. The second floor boasts two ample sized bedrooms and a full bathroom. Hardwood floors throughout, period moldings, and a mud room perfect for kicking off the snowy boots come winter! Heating system is 7 years old, hot water heater replaced in 2020. Nothing to do but move in!
Home Details
Home Type
- Single Family
Year Built
- 1920
Lot Details
- 3,485
Additional Features
- Primary bedroom located on second floor
- 2 Heating Zones
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
Sep 22, 2021
Closed on
Nov 12, 2021
Sold by
Bought by
Seller's Agent
Laura Crowell
J. Barrett & Company
Buyer's Agent
Marius Gallitano
Compass
List Price
$439,000
Sold Price
$515,000
Premium/Discount to List
$76,000
17.31%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,255
Avg. Annual Appreciation
2.93%
Original Mortgage
$412,000
Outstanding Balance
$372,046
Interest Rate
3.01%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$216,209
Purchase Details
Closed on
Jun 28, 2017
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
$332,500
Interest Rate
2.88%
Mortgage Type
New Conventional
Purchase Details
Listed on
Sep 24, 2014
Closed on
Dec 8, 2014
Sold by
Bought by
Seller's Agent
Laura Crowell
J. Barrett & Company
Buyer's Agent
Laura Crowell
J. Barrett & Company
List Price
$249,900
Sold Price
$253,500
Premium/Discount to List
$3,600
1.44%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.57%
Purchase Details
Closed on
May 2, 2008
Sold by
Bought by
Purchase Details
Closed on
May 14, 1998
Sold by
Bought by
Purchase Details
Closed on
Apr 22, 1992
Sold by
Bought by
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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 |
|---|---|---|---|
| $515,000 | None Available | ||
| $515,000 | None Available | ||
| $515,000 | None Available | ||
| $350,000 | -- | ||
| $253,500 | -- | ||
| $220,000 | -- | ||
| $220,000 | -- | ||
| $131,000 | -- | ||
| $131,000 | -- | ||
| $78,000 | -- | ||
| $78,000 | -- |
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 | $412,000 | ||
| Closed | $412,000 | ||
| Previous Owner | $332,500 |
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 |
|---|---|---|---|---|---|
| 11/12/2021 11/12/21 | Sold | $515,000 | +17.3% | $383 / Sq Ft | |
| 09/28/2021 09/28/21 | Pending | -- | -- | -- | |
| 09/22/2021 09/22/21 | For Sale | $439,000 | +73.2% | $327 / Sq Ft | |
| 12/08/2014 12/08/14 | Sold | $253,500 | 0.0% | $189 / Sq Ft | View Prior Sale |
| 11/08/2014 11/08/14 | Pending | -- | -- | -- | |
| 10/02/2014 10/02/14 | Off Market | $253,500 | -- | -- | |
| 09/24/2014 09/24/14 | For Sale | $249,900 | -- | $186 / 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 | $5,834 | $514,500 | $163,700 | $350,800 |
| 2024 | $5,646 | $485,900 | $155,100 | $330,800 |
| 2023 | $5,464 | $436,800 | $143,600 | $293,200 |
| 2022 | $5,160 | $389,400 | $135,000 | $254,400 |
| 2021 | $5,221 | $378,300 | $135,000 | $243,300 |
| 2020 | $4,677 | $323,700 | $116,600 | $207,100 |
| 2019 | $4,658 | $308,500 | $110,900 | $197,600 |
| 2018 | $4,334 | $281,800 | $105,700 | $176,100 |
| 2017 | $3,998 | $252,100 | $86,200 | $165,900 |
| 2016 | $3,878 | $247,500 | $81,600 | $165,900 |
| 2015 | $3,103 | $189,100 | $73,500 | $115,600 |
Source: Public Records
Agents Affiliated with this Home
-
Laura Crowell
-
Marius Gallitano
Buyer's Agent in 2021
Marius Gallitano
Compass
(617) 852-3936
1 in this area
84 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72898785
APN: SALE-000025-000000-000042
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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