9 Cambridge St Salem, MA 01970
Chestnut Street NeighborhoodEstimated Value: $900,000 - $1,119,003
4
Beds
2
Baths
2,036
Sq Ft
$494/Sq Ft
Est. Value
About This Home
As of December 2021Nestled in the heart of the McIntire Historic District, this Colonial Revival works seamlessly as either a 2 Family or Single Family home. Current owners have done all the prep work and now you can put on the finishing touches: new roof (2020), new central heat & AC (2019), new gutters (2018), updated electrical & blown in insulation (2017), and the list goes on. Off street parking, 2nd floor deck and fenced in yard offer unique amenities in this location. A total of 4+ bedrooms, 2 baths and oversized living and dining rooms. Very few properties offer the flexibility of use, let alone in this gem of a location. You truly won't find another opportunity like this.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,127
Year Built
- 1850
Lot Details
- 3,485
Interior Spaces
- Property has 1 Level
Utilities
- 2 Cooling Zones
- 2 Heating Zones
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 5, 2021
Closed on
Dec 29, 2021
Sold by
Dobbs Colin E and Grant Andrea
Bought by
Hofmeester Elisa L and Hofmeester Nicolaus J
Seller's Agent
Merry Fox Team
MerryFox Realty
Buyer's Agent
Ann Long
Coldwell Banker Realty - Beverly
List Price
$749,000
Sold Price
$770,000
Premium/Discount to List
$21,000
2.8%
Total Days on Market
2
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
$235,501
Avg. Annual Appreciation
4.38%
Original Mortgage
$350,000
Outstanding Balance
$326,496
Interest Rate
3.11%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$563,255
Purchase Details
Listed on
Oct 31, 2016
Closed on
Dec 20, 2016
Sold by
David B Coyle T
Bought by
Dobbs Colin E and Gimler Andrea M
Seller's Agent
Kathie Strout
Century 21 North East
Buyer's Agent
Merry Fox Team
MerryFox Realty
List Price
$479,000
Sold Price
$515,000
Premium/Discount to List
$36,000
7.52%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.32%
Original Mortgage
$408,000
Interest Rate
3.54%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 29, 2012
Sold by
Coyle David B
Bought by
David B Coyle T
Purchase Details
Closed on
Jul 31, 1991
Sold by
Tomsho Tomsho Michael E Michael E
Bought by
Coyle David B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,000
Interest Rate
9.58%
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
Similar Homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hofmeester Elisa L | $770,000 | None Available | |
| Dobbs Colin E | $515,000 | -- | |
| David B Coyle T | -- | -- | |
| David B Coyle T B | -- | -- | |
| Coyle David B | $169,900 | -- | |
| Coyle David B | $169,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hofmeester Elisa L | $200,000 | |
| Open | Hofmeester Elisa L | $350,000 | |
| Closed | Hofmeester Elisa L | $350,000 | |
| Previous Owner | Dobbs Colin E | $510,400 | |
| Previous Owner | Dobbs Colin E | $408,000 | |
| Previous Owner | Tomsho Michael E | $69,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/29/2021 12/29/21 | Sold | $770,000 | +2.8% | $378 / Sq Ft |
| 11/08/2021 11/08/21 | Pending | -- | -- | -- |
| 11/05/2021 11/05/21 | For Sale | $749,000 | +45.4% | $368 / Sq Ft |
| 12/20/2016 12/20/16 | Sold | $515,000 | +7.5% | $266 / Sq Ft |
| 11/07/2016 11/07/16 | Pending | -- | -- | -- |
| 10/31/2016 10/31/16 | For Sale | $479,000 | -- | $248 / 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 | $10,127 | $893,000 | $254,500 | $638,500 |
| 2024 | $9,153 | $787,700 | $242,900 | $544,800 |
| 2023 | $8,870 | $709,000 | $219,800 | $489,200 |
| 2022 | $7,786 | $587,600 | $208,200 | $379,400 |
| 2021 | $7,596 | $550,400 | $208,200 | $342,200 |
| 2020 | $7,539 | $521,700 | $202,400 | $319,300 |
| 2019 | $7,565 | $501,000 | $194,300 | $306,700 |
| 2018 | $7,030 | $457,100 | $185,100 | $272,000 |
| 2017 | $6,420 | $404,800 | $164,800 | $240,000 |
| 2016 | $6,343 | $404,800 | $164,800 | $240,000 |
| 2015 | $6,180 | $376,600 | $153,300 | $223,300 |
Source: Public Records
Agents Affiliated with this Home
-
Merry Fox Team
M
Seller's Agent in 2021
Merry Fox Team
MerryFox Realty
10 in this area
281 Total Sales
-
Ann Long
Buyer's Agent in 2021
Ann Long
Coldwell Banker Realty - Beverly
(978) 852-1436
1 in this area
29 Total Sales
-
Kathie Strout
K
Seller's Agent in 2016
Kathie Strout
Century 21 North East
(978) 717-9044
14 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72917020
APN: SALE-000025-000000-000564
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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