Seller's Agent in 2016
Militello Team
eXp Realty
16 Total Sales
81 Proctor St Salem, MA 01970
Gallows Hill NeighborhoodEstimated Value: $725,000 - $988,000
6
Beds
3
Baths
2,919
Sq Ft
$300/Sq Ft
Est. Value
About This Home
As of July 2016Very well maintained, owner occupied 2-unit. First floor tenant pays below market rent. Second floor owner-occupied. Property to be delivered vacant. Conveniently located near hospital, schools and shopping. Home has been in the same family for many years-- Beautiful hardwood floors, generous sized rooms, bonus 2-car garage with off street parking. Great for owner-occupied! Seller recently removed all knob and tube wiring. Roof approximately 7 years old. Hot water heater replaced in 2005-2006.
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$8,452
Year Built
1900
Lot Details
0
Listing Details
- Lot Description: Level
- Property Type: Multi-family
- Other Agent: 2.00
- Lead Paint: Unknown
- Year Round: Yes
- Insc: 2000
- Special Features: None
- Property Sub Type: MultiFamily
- Year Built: 1900
Interior Features
- Has Basement: Yes
- Number of Rooms: 11
- Amenities: Public Transportation, Shopping, Park, Medical Facility, House of Worship, Public School, T-Station, University
- Electric: 110 Volts, Circuit Breakers, 100 Amps
- Energy: Insulated Windows
- Flooring: Wood, Tile, Vinyl, Wall to Wall Carpet, Laminate, Hardwood
- Basement: Full, Interior Access, Bulkhead, Sump Pump, Concrete Floor
- Total Levels: 3
Exterior Features
- Roof: Asphalt/Fiberglass Shingles
- Construction: Frame
- Exterior: Vinyl
- Exterior Features: Porch
- Foundation: Fieldstone
Garage/Parking
- Garage Spaces: 2
- Parking: Off-Street, Tandem, Paved Driveway
- Parking Spaces: 4
Utilities
- Hot Water: Natural Gas, Tank
- Utility Connections: for Gas Range, for Gas Oven, for Electric Dryer
- Sewer: City/Town Sewer
- Water: City/Town Water
- Electric: 1470
- Sewer: 400
Condo/Co-op/Association
- Total Units: 2
Schools
- Elementary School: Salem
- Middle School: Salem
- High School: Salem
Lot Info
- Assessor Parcel Number: M:25 L:0007
- Zoning: R2
Multi Family
- APOD Available: Yes
- Foundation: xxxx
- Total Bedrooms: 6
- Total Floors: 3
- Total Full Baths: 3
- Total Levels: 3
- Total Rms: 11
- Total Rent_1: 950
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 11, 2016
Closed on
Jul 29, 2016
Sold by
Warren Mccormack
Bought by
Deurena Carmen and Urena Carmen
Seller's Agent
Militello Team
eXp Realty
Buyer's Agent
Maria Pena
Pena Realty Corporation
List Price
$449,900
Sold Price
$460,000
Premium/Discount to List
$10,100
2.24%
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
$415,147
Avg. Annual Appreciation
7.25%
Original Mortgage
$446,200
Outstanding Balance
$356,016
Interest Rate
3.48%
Estimated Equity
$519,131
Purchase Details
Closed on
Jun 29, 2015
Sold by
Mccormack Kathleen A
Bought by
Mccormack Kathleen A and Mccormack Warren
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Deurena Carmen | -- | -- | |
| Mccormack Kathleen A | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Deurena Carmen | $446,200 | |
| Closed | Deurena Carmen | -- | |
| Previous Owner | Deurena Carmen | $45,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/29/2016 07/29/16 | Sold | $460,000 | 0.0% | $158 / Sq Ft |
| 07/19/2016 07/19/16 | Price Changed | $460,000 | +2.2% | $158 / Sq Ft |
| 05/16/2016 05/16/16 | Pending | -- | -- | -- |
| 05/11/2016 05/11/16 | For Sale | $449,900 | -- | $154 / 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 | $8,452 | $745,300 | $205,200 | $540,100 |
| 2024 | $7,909 | $680,600 | $195,000 | $485,600 |
| 2023 | $7,696 | $615,200 | $180,000 | $435,200 |
| 2022 | $7,662 | $578,300 | $174,000 | $404,300 |
| 2021 | $7,267 | $526,600 | $162,000 | $364,600 |
| 2020 | $7,039 | $487,100 | $153,000 | $334,100 |
| 2019 | $6,972 | $461,700 | $145,200 | $316,500 |
| 2018 | $6,447 | $419,200 | $138,000 | $281,200 |
| 2017 | $5,592 | $352,600 | $116,400 | $236,200 |
| 2016 | $5,441 | $347,200 | $111,000 | $236,200 |
| 2015 | $5,277 | $321,600 | $102,000 | $219,600 |
Source: Public Records
Agents Affiliated with this Home
-
Militello Team
-
Maria Pena
Buyer's Agent in 2016
Maria Pena
Pena Realty Corporation
(617) 201-0030
1 in this area
165 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72003336
APN: SALE-000025-000000-000007
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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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