Tyson Lynch
Responds Quickly
The Proper Nest Real Estate
(351) 666-4531
50 Total Sales
5 in South Salem
$475K - $850K Price Range
87 Leach St Salem, MA 01970
South Salem NeighborhoodEstimated Value: $846,360
5
Beds
2.5
Baths
2,829
Sq Ft
$299/Sq Ft
Est. Value
Highlights
- Scenic Views
- Wood Flooring
- 4-minute walk to Palmer Cove Park
- Deck
- Porch
About This Home
As of December 2023Exciting opportunity to purchase this spacious, well maintained two family with incredible views of Salem Harbor! The first floor unit offers 3 bedrooms, large bath, hardwood floors, granite countertops and large deck overlooking the yard and ocean. The second floor unit has 2 bedrooms, hardwoods, updated kitchen, and two balconies. Spacious rooms with high ceilings, built ins, period details and great natural light throughout. Level yard and separate 2-car driveways for each unit.Conveniently located near Salem State University campus, Pickering Wharf and Downtown Salem. A must see! Please send best and final offers in one document by Tuesday 9/12 at 6pm.
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,763
Year Built
- Built in 1920
Lot Details
- 4,099 Sq Ft Lot
Home Design
- Duplex
- Frame Construction
- Slate Roof
- Concrete Perimeter Foundation
Interior Spaces
- 2,829 Sq Ft Home
- Property has 1 Level
- Scenic Vista Views
- Washer and Electric Dryer Hookup
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Parking
- 4 Car Parking Spaces
- Driveway
- Paved Parking
- Open Parking
- Off-Street Parking
Outdoor Features
- Bulkhead
- Deck
- Porch
Utilities
- Separate Meters
- Natural Gas Connected
Community Details
- 2 Units
- Net Operating Income $26,400
Listing and Financial Details
- Total Actual Rent $2,200
- Assessor Parcel Number M:33 L:0536,2135155
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 6, 2023
Closed on
Dec 22, 2023
Sold by
Martins Gary
Bought by
Seller's Agent
Team Harborside
Buyer's Agent
Team Harborside
List Price
$799,900
Sold Price
$785,000
Premium/Discount to List
-$14,900
-1.86%
Views
34
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
$61,360
Avg. Annual Appreciation
2.80%
Original Mortgage
$261,550
Outstanding Balance
$254,210
Interest Rate
7.13%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$592,150
Purchase Details
Listed on
Aug 11, 2020
Closed on
Oct 1, 2020
Sold by
Winter Richard
Bought by
Martins Gary
Seller's Agent
Laura Crowell
J. Barrett & Company
Buyer's Agent
Katie Varney
Classified Realty Group
List Price
$619,000
Sold Price
$617,500
Premium/Discount to List
-$1,500
-0.24%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.76%
Original Mortgage
$583,363
Interest Rate
2.9%
Mortgage Type
FHA
Purchase Details
Listed on
Sep 26, 2018
Closed on
Nov 9, 2018
Sold by
Martel Rt and Martel
Bought by
Winter Richard
Seller's Agent
Amy Wallick
Lamacchia Realty, Inc.
Buyer's Agent
Laura Crowell
J. Barrett & Company
List Price
$519,000
Sold Price
$525,000
Premium/Discount to List
$6,000
1.16%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.87%
Original Mortgage
$409,500
Interest Rate
4.7%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 8, 2007
Sold by
Martel Rt and Martel
Bought by
Martel Donald
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,000
Interest Rate
6.23%
Mortgage Type
Purchase Money Mortgage
Home Values in the Area
Average Home Value in this Area
Agents Specializing in South Salem, MA
-
Tyson Lynch
-
Michael Cannuscio
Michael Cannuscio
Responds QuicklyThe Agency Marblehead
(781) 722-7167
21 Total Sales
1 in South Salem
$530,000 Price
-
Jose Rojas
Jose Rojas
William Raveis R.E. & Home Services
(781) 404-3627
67 Total Sales
1 in South Salem
$910,000 Price
-
Paul Conti
Paul Conti
Paul Conti Real Estate
(339) 888-9353
114 Total Sales
1 in South Salem
$539,900 Price
-
Jennifer Schneider
Jennifer Schneider
Century 21 Elite Realty
(781) 549-9402
104 Total Sales
1 in South Salem
$500,000 Price
-
Donna Spector
Donna Spector
Responds QuicklyRealty ONE Group Suburban Lifestyle
(774) 772-5651
32 Total Sales
1 in South Salem
$587,500 Price
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 |
|---|---|---|---|
| $785,000 | None Available | ||
| Martins Gary | $617,500 | None Available | |
| Winter Richard | $525,000 | -- | |
| Martel Donald | -- | -- |
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 | -- | $261,550 | |
| Previous Owner | -- | $583,363 | |
| Previous Owner | Winter Richard S | $410,000 | |
| Previous Owner | -- | $409,500 | |
| Previous Owner | Martel Donald R | $100,000 | |
| Previous Owner | Martel Donald | $352,000 | |
| Previous Owner | Martel Rt | $627,200 | |
| Previous Owner | Martel Rt | $197,500 |
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 |
|---|---|---|---|---|---|
| 12/22/2023 12/22/23 | Sold | $785,000 | -1.9% | $277 / Sq Ft | |
| 09/13/2023 09/13/23 | Pending | -- | -- | -- | |
| 09/06/2023 09/06/23 | For Sale | $799,900 | +29.5% | $283 / Sq Ft | |
| 10/06/2020 10/06/20 | Sold | $617,500 | -0.2% | $218 / Sq Ft | View Prior Sale |
| 08/18/2020 08/18/20 | Pending | -- | -- | -- | |
| 08/11/2020 08/11/20 | For Sale | $619,000 | +17.9% | $219 / Sq Ft | |
| 11/09/2018 11/09/18 | Sold | $525,000 | +1.2% | $186 / Sq Ft | View Prior Sale |
| 10/03/2018 10/03/18 | Pending | -- | -- | -- | |
| 09/26/2018 09/26/18 | For Sale | $519,000 | -- | $183 / 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 | $7,497 | $661,100 | $200,600 | $460,500 |
| 2024 | $6,991 | $601,600 | $190,600 | $411,000 |
| 2023 | $6,763 | $540,600 | $176,000 | $364,600 |
| 2022 | $6,971 | $526,100 | $170,100 | $356,000 |
| 2021 | $6,710 | $486,200 | $158,400 | $327,800 |
| 2020 | $6,559 | $453,900 | $149,600 | $304,300 |
| 2019 | $6,490 | $429,800 | $141,900 | $287,900 |
| 2018 | $6,001 | $390,200 | $134,900 | $255,300 |
| 2017 | $5,594 | $352,700 | $113,800 | $238,900 |
| 2016 | $5,444 | $347,400 | $108,500 | $238,900 |
| 2015 | $5,286 | $322,100 | $99,700 | $222,400 |
Source: Public Records
Agents Affiliated with this Home
-
Team Harborside
TH
Seller's Agent in 2023
Team Harborside
(617) 816-1909
6 in this area
126 Total Sales
-
Laura Crowell
Seller's Agent in 2020
Laura Crowell
J. Barrett & Company
(978) 922-3683
3 in this area
118 Total Sales
-
Katie Varney
Buyer's Agent in 2020
Katie Varney
Classified Realty Group
(617) 596-4512
72 Total Sales
-
Amy Wallick
Seller's Agent in 2018
Amy Wallick
Lamacchia Realty, Inc.
(978) 767-0889
3 in this area
78 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73155499
APN: SALE-000033-000000-000536
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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