NOT LISTED FOR SALE

Estimated Value: $797,284 - $879,000

6 Beds
3 Baths
2,565 Sq Ft
$333/Sq Ft Est. Value

Last Sold May 30, 2018

Last sale price $455,000 $177 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $5,158/month

8 Days on Market

Highlights

  • Ocean View
  • Wood Flooring
  • 3-minute walk to Collins Cove Park

About This Home

As of May 2018

Opportunity to own a two family home in a great location on dead end, off Bridge Street. This home has 3 floors of living. 1st floor unit has 5 rooms, 2 bedrooms, hardwood floors, full bathroom, washer-dryer in unit, and 2 decorative (non-working) fireplaces, 2nd floor has 5 rooms, 2 bedrooms, hardwood floors, decorative non-working fireplaces, full bathroom, and washer/dryer in unit. 3rd floor has 4 rooms, water views, 2 bedrooms hardwood floors, and full bathroom. 2006 Roof, 2006 replacement windows in 1st and 2nd floors. First and second floors with separate heating units and third floor has electric baseboard heat. Very walkable location within minutes to Salem Common, Collins Cove Beach, Pickering Wharf, downtown Salem, train and ferry to Boston. Two, possible three, spaces for off street parking. 1st floor apartment currently vacant, 3rd floor space is vacant, Second floor TAW scheduled to move.

Last Agent to Sell the Property

Andrea Dodge

Coldwell Banker Realty - Marblehead Listed on: 03/14/2018

Coldwell Banker Realty - Marblehead

Last Buyer's Agent

Heather Roman Masucci

Roman Real Estate, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,273

Year Built

  • Built in 1890

Lot Details

  • 3,049

Additional Features

  • Ocean Views
  • Wood Flooring
  • Natural Gas Water Heater
  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:36 L:0146

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,273

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 1.00
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 185.19
  • Comp Based On: Net Sale Price
  • Year Built: 1890
  • Lead Paint: Unknown
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1890

Interior Features

  • Flooring: Hardwood
  • Total Flrs: 3
  • No Bedrooms: 6
  • Total Brs: 6
  • Full Bathrooms: 3
  • Total Fbh: 3
  • No Rooms: 14
  • Basement: Y
  • Basement Features: Full
  • Main Lo: K95001
  • Main So: NB9347
  • Estimated Sq Ft: 2565.00

Exterior Features

  • Beachfront Flag: Yes
  • Beach Miles To: 0 to 1/10 Mile
  • Waterview Features: Ocean
  • Waterview Flag: Yes
  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Asbestos
  • Foundation: Fieldstone

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Heat Zones: 3
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf Course, Medical Facility, Public School, T-Station, University

Lot Info

  • Assessments: 280500.00
  • Acre: 0.07
  • Lot Size: 3188.00
  • Page: 401
  • Parcel Number: M:36 L:0146
  • Zoning: R2
  • Lot Description: Level

Multi Family

  • Total Levels: 3
  • Total Rms: 14
  • No Units: 2
  • Mf Type: 2 Family

Tax Info

  • Taxes: 4314.00
  • Assessor Parcel Number: 2137273

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2018
Closed on
May 30, 2018
Sold by
Catt Cynthia M
Bought by
Masucci Peter
Seller's Agent
Andrea Dodge
Coldwell Banker Realty - Marblehead
Buyer's Agent
Heather Roman Masucci
Roman Real Estate, LLC
List Price
$475,000
Sold Price
$455,000
Premium/Discount to List
-$20,000
-4.21%
Current Estimated Value
$854,321

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$399,321
Avg. Annual Appreciation
7.79%
Original Mortgage
$341,250
Outstanding Balance
$298,184
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$488,420

Purchase Details

Closed on
May 2, 2013
Sold by
Plouff Jeffrey
Bought by
Plouff Cynthia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,555
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 28, 2003
Sold by
Roderick Charles F and Roderick Madeline E
Bought by
Plouff Jeffrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.64%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Masucci Peter $455,000 --
Plouff Cynthia $17,000 --
Plouff Jeffrey $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Masucci Peter $341,250
Previous Owner Plouff Jeffrey $305,555
Previous Owner Plouff Jeffrey $150,000
Previous Owner Plouff Jeffrey $50,000
Previous Owner Plouff Jeffrey $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2018 05/30/18 Sold $455,000 -4.2% $177 / Sq Ft
03/22/2018 03/22/18 Pending -- -- --
03/14/2018 03/14/18 For Sale $475,000 -- $185 / 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 $7,273 $641,400 $163,300 $478,100
2024 $6,960 $599,000 $154,700 $444,300
2023 $6,809 $544,300 $143,200 $401,100
2022 $6,752 $509,600 $134,600 $375,000
2021 $6,530 $473,200 $134,600 $338,600
2020 $6,166 $426,700 $116,300 $310,400
2019 $5,280 $349,700 $110,600 $239,100
2018 $4,314 $280,500 $105,400 $175,100
2017 $3,954 $249,300 $85,900 $163,400
2016 $3,834 $244,700 $81,300 $163,400
2015 $3,686 $224,600 $73,300 $151,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72293515

MLS Property Information Network (MLS PIN)

APN: SALE-000036-000000-000146