M
Seller's Agent in 2018
Mark Wade
Coldwell Banker Realty - Marblehead
(781) 864-9812
26 Total Sales
8 Sylvan St Salem, MA 01970
Mack Park NeighborhoodEstimated Value: $608,000 - $682,000
3
Beds
2
Baths
1,258
Sq Ft
$512/Sq Ft
Est. Value
Highlights
- Deck
- Fenced Yard
- 4-minute walk to Mack Park
- Wood Flooring
- Forced Air Heating and Cooling System
About This Home
As of September 2018Spectacular 1890 carriage house residence! Walk to downtown Salem & the train to Boston in only 10 minutes. This single-family loft-style home is bright and open, with cathedral ceilings, exposed beams, pine board flooring, center fireplace and more. The open-concept design incorporates the living room, dining room and kitchen with its stone top breakfast bar and a built-in beverage station with wine chiller. A glass slider leads to the deck and private fenced-in backyard. Renovated with lots of updates, including central air conditioning, low-maintenance siding, landscaping, electrical & plumbing updates etc. A garage space is deeded to the property. This exceptional property will not last.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,995
Year Built
- Built in 1890
Lot Details
- Fenced Yard
- Property is zoned R2
Parking
- 1 Car Garage
Flooring
- Wood
- Wall to Wall Carpet
- Tile
- Vinyl
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Natural Gas Water Heater
- Cable TV Available
Additional Features
- Dishwasher
- Deck
- Basement
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 24, 2018
Closed on
Sep 28, 2018
Sold by
Daras Tracey
Bought by
Walker Meagan
Seller's Agent
Mark Wade
Coldwell Banker Realty - Marblehead
Buyer's Agent
Mark Wade
Coldwell Banker Realty - Marblehead
List Price
$359,000
Sold Price
$385,000
Premium/Discount to List
$26,000
7.24%
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
$258,594
Avg. Annual Appreciation
7.59%
Original Mortgage
$373,450
Outstanding Balance
$325,671
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$317,923
Purchase Details
Listed on
Nov 3, 2015
Closed on
Dec 18, 2015
Sold by
Palladino Gary M and Palladino Jenny J
Bought by
Daras Tracey
Seller's Agent
Pam McKee
Keller Williams Realty Evolution
Buyer's Agent
Mark Wade
Coldwell Banker Realty - Marblehead
List Price
$309,000
Sold Price
$309,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.23%
Original Mortgage
$293,550
Interest Rate
3.89%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 30, 2004
Sold by
Deleo Francis J
Bought by
Palladino Gary Michael and Palladino Jenny J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$286,500
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Walker Meagan | $385,000 | -- | |
| Daras Tracey | $309,000 | -- | |
| Palladino Gary Michael | $300,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Walker Meagan | $373,450 | |
| Previous Owner | Daras Tracey | $293,550 | |
| Previous Owner | Palladino Gary Michael | $222,615 | |
| Previous Owner | Palladino Gary Michael | $286,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/28/2018 09/28/18 | Sold | $385,000 | +7.2% | $306 / Sq Ft |
| 08/27/2018 08/27/18 | Pending | -- | -- | -- |
| 08/24/2018 08/24/18 | For Sale | $359,000 | +16.2% | $285 / Sq Ft |
| 12/18/2015 12/18/15 | Sold | $309,000 | 0.0% | $226 / Sq Ft |
| 11/10/2015 11/10/15 | Pending | -- | -- | -- |
| 11/03/2015 11/03/15 | For Sale | $309,000 | -- | $226 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $5,995 | $528,700 | $180,900 | $347,800 |
| 2024 | $5,812 | $500,200 | $171,900 | $328,300 |
| 2023 | $5,657 | $452,200 | $158,700 | $293,500 |
| 2022 | $5,415 | $408,700 | $153,400 | $255,300 |
| 2021 | $5,348 | $387,500 | $142,800 | $244,700 |
| 2020 | $5,055 | $349,800 | $134,900 | $214,900 |
| 2019 | $4,775 | $316,200 | $128,000 | $188,200 |
| 2018 | $4,636 | $301,400 | $121,600 | $179,800 |
| 2017 | $4,327 | $272,800 | $102,600 | $170,200 |
| 2016 | $4,200 | $268,000 | $97,800 | $170,200 |
| 2015 | $4,101 | $249,900 | $89,900 | $160,000 |
Source: Public Records
Agents Affiliated with this Home
-
Mark Wade
-
Pam McKee
Seller's Agent in 2015
Pam McKee
Keller Williams Realty Evolution
(978) 500-4047
95 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72384131
APN: SALE-000026-000000-000649
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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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