NOT LISTED FOR SALE

Estimated Value: $656,913 - $712,000

2 Beds
2 Baths
1,917 Sq Ft
$355/Sq Ft Est. Value

Last Sold October 04, 2019

Last sale price $415,000 $216 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $4,099/month

38 Days on Market

Highlights

  • Landscaped Professionally
  • Wood Flooring
  • Garden
  • Deck
  • Fenced Yard

About This Home

As of October 2019

Are you looking for turn-key investment property or wanting the tenant to pay your mortgage while you enjoy a totally renovated unit with great outdoor space? Then look no further. This tastefully renovated two family home is an oasis in the upcoming new neighborhood of Blubber Hollow, Gateway to Salem. Pride in ownership abounds in this property with beautifully designed and unique garden species and private outdoor space for each unit, to include an expansive 2nd floor deck. Updated kitchens and baths, large bedrooms and in unit laundry hook ups make this building a prime investment. Close proximity to all major routes, to downtown Salem and downtown Peabody as well as shopping and medical services make this an ideal location and only serves to enhances the property's rental potential. Come home to 83 Boston Street in Salem, where pride in ownership is your best investment.

Last Agent to Sell the Property

Hope Watt-Bucci

Coldwell Banker Realty - Manchester Listed on: 07/09/2019

Coldwell Banker Realty - Manchester

Last Buyer's Agent

Chris Yang

Keller Williams Realty Boston South West

Keller Williams Realty Boston South West

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,927

Year Built

  • Built in 1715

Lot Details

  • Fenced Yard
  • Landscaped Professionally
  • Garden

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Additional Features

  • Decorative Lighting
  • Deck
  • Electric Water Heater
  • Basement

Listing and Financial Details

  • Assessor Parcel Number 15-0294-0

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,927

Year Built

Built in 1715

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Year Built Description: Actual
  • List Price Per Sq Ft: 218.57
  • Comp Based On: Gross/Full Sale Price
  • Year Built: 1715
  • Lead Paint: Unknown
  • Col Common: Window AC
  • Ife Common: Hardwood Floors
  • Levels: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1715

Interior Features

  • Flooring: Wood, Tile, Wall to Wall Carpet
  • Total Flrs: 3
  • No Bedrooms: 2
  • Total Brs: 2
  • Full Bathrooms: 2
  • Total Fbh: 2
  • No Rooms: 8
  • Basement: Y
  • Basement Features: Full, Walk Out, Concrete Floor, Unfinished Basement
  • Main Lo: K95001
  • Main So: BB3351
  • Estimated Sq Ft: 1917.00

Exterior Features

  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Shingles, Wood
  • Exterior Features: Deck - Wood, Professional Landscaping, Decorative Lighting, Fenced Yard, Garden Area
  • Foundation: Brick

Garage/Parking

  • Parking Feature: On Street Permit

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Heat Zones: 2
  • Hot Water: Electric
  • Utility Connections: for Gas Range, for Gas Oven, for Gas Dryer, Washer Hookup, Icemaker Connection

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf Course, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Public School, T-Station, University
  • Hea Common: Hot Water Baseboard, Gas

Schools

  • High School: Salem High

Lot Info

  • Assessments: 346800.00
  • Acre: 0.08
  • Lot Size: 3484.00
  • Page: 156
  • Parcel Number: 15-0294-0
  • Zoning: R2
  • Lot Description: Fenced/Enclosed, Level

Green Features

  • Energy Features: Insulated Windows, Storm Doors

Multi Family

  • Total Levels: 2
  • Total Rms: 8
  • No Units: 2
  • Mf Type: 2 Family - 2 Units Up/Down

Tax Info

  • Taxes: 5273.95
  • Assessor Parcel Number: 2128726

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2019
Closed on
Oct 4, 2019
Sold by
Sousa Daniel J and Sousa William F
Bought by
Chen Yun Y
Seller's Agent
Hope Watt-Bucci
Coldwell Banker Realty - Manchester
Buyer's Agent
Chris Yang
Keller Williams Realty Boston South West
List Price
$419,000
Sold Price
$415,000
Premium/Discount to List
-$4,000
-0.95%
Current Estimated Value
$679,978

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$264,978
Avg. Annual Appreciation
8.55%
Original Mortgage
$290,000
Outstanding Balance
$254,055
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$425,923

Purchase Details

Closed on
Feb 11, 1999
Sold by
83 Boston Street T
Bought by
Sousa Daniel J and Sousa William F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,400
Interest Rate
6.78%
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
Chen Yun Y $415,000 --
Sousa Daniel J $80,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Yun Y $290,000
Previous Owner Sousa Daniel J $221,500
Previous Owner Sousa Daniel J $138,650
Previous Owner Sousa Daniel J $20,000
Previous Owner Sousa Daniel J $64,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/04/2019 10/04/19 Sold $415,000 -1.0% $216 / Sq Ft
08/16/2019 08/16/19 Pending -- -- --
08/06/2019 08/06/19 For Sale $419,000 0.0% $219 / Sq Ft
07/31/2019 07/31/19 Pending -- -- --
07/26/2019 07/26/19 For Sale $419,000 0.0% $219 / Sq Ft
07/20/2019 07/20/19 Pending -- -- --
07/09/2019 07/09/19 For Sale $419,000 -- $219 / 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 $5,927 $522,700 $147,300 $375,400
2024 $5,752 $495,000 $147,300 $347,700
2023 $5,492 $439,000 $129,900 $309,100
2022 $5,602 $422,800 $121,300 $301,500
2021 $5,316 $385,200 $113,200 $272,000
2020 $5,355 $370,600 $117,200 $253,400
2019 $5,237 $346,800 $106,800 $240,000
2018 $4,702 $305,700 $92,400 $213,300
2017 $4,341 $273,700 $73,900 $199,800
2016 $4,289 $273,700 $73,900 $199,800
2015 $4,093 $249,400 $63,500 $185,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72532036

MLS Property Information Network (MLS PIN)

APN: SALE-000015-000000-000294