NOT LISTED FOR SALE

Estimated Value: $458,000 - $725,927

4 Beds
3 Baths
1,915 Sq Ft
$297/Sq Ft Est. Value

Last Sold August 30, 2024

Last sale price $425,000 $222 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $3,361/month

63 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • Colonial Architecture
  • Ocean View
  • Medical Services
  • 2-minute walk to Collins Cove Park

About This Home

As of August 2024

Opportunity awaits! Colonial home built in 1840 in need of renovations, sold in "as is" condition. Located in the Collins Cove neighborhood steps from the water and quick access to the bike path which leads to the Salem commuter rail and the downtown area. Potential to be rezoned for a 2-family use. Property not on historic registry. The home features 4 bedrooms, 1 bedroom is located on the first floor, and 3 bathrooms. The kitchen leads to a deck overlooking a spacious backyard. Off-street parking.

Last Agent to Sell the Property

Carol Beatrice

Real Broker MA, LLC Listed on: 06/13/2024

Real Broker MA, LLC

Last Buyer's Agent

Ginny LeBlanc

Coldwell Banker Realty - Marblehead

Coldwell Banker Realty - Marblehead

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,556

Year Built

  • Built in 1840

Lot Details

  • 6,377 Sq Ft Lot
  • Property is zoned R2

Home Design

  • Colonial Architecture
  • Brick Foundation
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,915 Sq Ft Home
  • Ocean Views

Kitchen

  • Range
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • 3 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Dirt Floor

Parking

  • 4 Car Parking Spaces
  • Tandem Parking
  • Driveway
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Walking Distance to Water
  • Deck

Location

  • Property is near public transit and schools

Schools

  • Collins Middle School
  • Salem High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2137502

Community Details

Overview

  • No Home Owners Association

Amenities

  • Medical Services
  • Shops

Recreation

  • Marina
  • Golf Course Community
  • Community Pool
  • Park
  • Jogging Path

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,556

Year Built

Built in 1840

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Colonial
  • Year Built: 1840
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Flooring: Vinyl, Carpet
  • Fireplace YN: No
  • Appliances: Electric Water Heater, Water Heater, Range, Dishwasher, Refrigerator, Washer, Dryer
  • Total Bedrooms: 4
  • Room Bedroom2 Level: First
  • Room Bedroom2 Features: Closet, Flooring - Wall to Wall Carpet
  • Room Bedroom3 Features: Closet, Flooring - Wall to Wall Carpet
  • Room Bedroom3 Level: Second
  • Room Bedroom4 Level: Second
  • Room Bedroom4 Features: Closet, Flooring - Vinyl
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Room Master Bedroom Features: Bathroom - Full, Closet, Flooring - Wall to Wall Carpet
  • Room Master Bedroom Level: Second
  • Master Bathroom Features: Yes
  • Bathroom 1 Features: Bathroom - Full
  • Bathroom 1 Level: First
  • Bathroom 2 Level: Second
  • Bathroom 2 Features: Bathroom - Full
  • Bathroom 3 Features: Bathroom - Full
  • Bathroom 3 Level: Second
  • Room Kitchen Level: First
  • Room Kitchen Features: Flooring - Vinyl
  • Laundry Features: First Floor
  • Room Living Room Level: First
  • Room Living Room Features: Flooring - Vinyl
  • Basement: Full, Interior Entry, Dirt Floor
  • Living Area: 1915
  • Spa YN: No
  • MAIN LO: AN4866
  • MAIN SO: AN6181

Exterior Features

  • Exterior Features: Deck - Wood
  • Construction Materials: Frame
  • Foundation Details: Stone, Brick/Mortar
  • Home Warranty YN: No
  • Patio And Porch Features: Deck - Wood
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront Features: Beach Front, Ocean, Walk to, 1/10 to 3/10 To Beach, Beach Ownership(Public)
  • Waterfront YN: No
  • Waterview Flag: Yes

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Tandem
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range
  • Cooling: None
  • Heating: Central, Forced Air, Oil
  • Cooling Y N: No
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Public Transportation, Shopping, Pool, Park, Walk/Jog Trails, Golf, Medical Facility, Marina, T-Station, University, Sidewalks
  • Senior Community YN: No

Lot Info

  • Parcel Number: 2137502
  • Zoning: R2
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.15
  • Lot Size Sq Ft: 6377
  • Lot Size Units: Acres
  • Property Attached YN: No
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 4556

Multi Family

  • Basement Included Sq Ft: No
  • Waterview: Ocean

MLS Schools

  • High School: Salem High
  • Middle Or Junior School: Collins

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 11, 2009
Sold by
Sims Dianna L and Snow Muriel L
Bought by
Sims Dianna L and Sims Andrew H
Current Estimated Value
$568,982

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Outstanding Balance
$91,802
Interest Rate
5.26%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$477,180
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sims Dianna L $180,000 --
Sims Dianna L $180,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sims Dianna L $144,000
Closed Sims Dianna L $144,000
Previous Owner Sims Dianna L $15,000
Previous Owner Sims Dianna L $6,548
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2024 08/31/24 Off Market $425,000 -- --
08/30/2024 08/30/24 Sold $425,000 -14.8% $222 / Sq Ft
08/17/2024 08/17/24 Pending -- -- --
08/05/2024 08/05/24 For Sale $499,000 +17.4% $261 / Sq Ft
08/03/2024 08/03/24 Off Market $425,000 -- --
06/14/2024 06/14/24 For Sale $499,000 -- $261 / 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 $4,672 $412,000 $176,900 $235,100
2024 $4,556 $392,100 $167,600 $224,500
2023 $4,302 $343,900 $155,200 $188,700
2022 $4,323 $326,300 $145,800 $180,500
2021 $4,462 $323,300 $145,800 $177,500
2020 $4,334 $299,900 $126,000 $173,900
2019 $4,255 $281,800 $119,800 $162,000
2018 $4,133 $268,700 $114,200 $154,500
2017 $3,841 $242,200 $93,100 $149,100
2016 $3,529 $225,200 $88,100 $137,100
2015 $3,372 $205,500 $79,400 $126,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73252373

MLS Property Information Network (MLS PIN)

APN: SALE-000036-000000-000365