NOT LISTED FOR SALE

Estimated Value: $594,000 - $706,000

6 Beds
2 Baths
2,193 Sq Ft
$294/Sq Ft Est. Value

Last Sold March 10, 2023

Last sale price $600,000 $274 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $4,105/month

23 Days on Market

Highlights

  • Property is near public transit
  • Shops
  • Heating Available
  • Wood Flooring
  • Fenced
  • 2-minute walk to Collins Cove Park

About This Home

As of March 2023

SALEM - Multi Family 2 1/2 Townhouse Style Home - Are YOU looking for a great investment opportunity? Investors & Rehabbers take NOTICE! Both units have same layout with 3 Levels - Living Room, Dining Room, and Kitchen on first level, second level has 2 Bedrooms and one full bath, third level has one bedroom. Both units has separate utilities and wood flooring. Property is being SOLD "AS IS" and will not quality for conventional financing. Perfect opportunity to bring this property back to life with your TLC. Conveniently located a few blocks to MBTA Commuter Rail, Ferry, plus surrounded by top-notch restaurants, shops, hotels, museums, and close to Pickering Wharf.

Last Agent to Sell the Property

Cathy Segal

Connor Real Estate Listed on: 12/29/2022

Last Buyer's Agent

Daniel Resop

William Raveis R.E. & Home Services

William Raveis R.E. & Home Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,005

Year Built

  • Built in 1905

Lot Details

  • 3,119 Sq Ft Lot
  • Fenced

Parking

  • Open Parking

Home Design

  • Duplex
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,193 Sq Ft Home
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Location

  • Property is near public transit

Utilities

  • Heating Available
  • 100 Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number M:36 L:0280,2137408

Community Details

Overview

  • 2 Units
  • Property has 3 Levels

Amenities

  • Shops

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,005

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Side by Side
  • Year Built: 1905
  • Buyer Agency: 2
  • Transaction Broker: 0
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Wood, Unit 1(undefined), Unit 2(Wood Flooring)
  • Interior Amenities: Unit 1 Rooms(Living Room,Dining Room,Kitchen), Unit 2 Rooms(Living Room,Dining Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Refrigerator), Unit 2(Range,Refrigerator), Gas Water Heater
  • Total Bedrooms: 6
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full, Unfinished
  • Living Area: 2193
  • Stories Total: 6
  • MAIN LO: C66300
  • LIST PRICE PER Sq Ft: 318.74
  • PRICE PER Sq Ft: 273.6
  • MAIN SO: M59500

Exterior Features

  • Construction Materials: Frame
  • Fencing: Fenced/Enclosed, Fenced
  • Foundation Details: Stone
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Unit 1(Gas)
  • Electric: Fuses, 100 Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • SEWAGE DISTRICT: Salem

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, T-Station

Lot Info

  • Parcel Number: M:36 L:0280,2137408
  • Zoning: R1
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.07
  • Lot Size Area: 0.07
  • Lot Size Sq Ft: 3119
  • Lot Size Units: Acres
  • PAGE: 391
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 6005
  • Tax Book Number: 6692

Multi Family

  • Number Of Units Total: 2
  • LEVELS 1: 3
  • Basement Included Sq Ft: No
  • LEVELS 2: 3
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 17, 1991
Sold by
Richard Tr 1990
Bought by
Pothier Pothier Victor Victor and Linda Pothier
Current Estimated Value
$644,218

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,274
Interest Rate
8.73%
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
Pothier Pothier Victor Victor $98,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boucher James $433,500
Closed Pothier Pothier Victor Victor $15,870
Closed Pothier Pothier Victor Victor $8,562
Closed Pothier Pothier Victor Victor $96,274
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2023 03/10/23 Sold $600,000 -14.2% $274 / Sq Ft
01/22/2023 01/22/23 Pending -- -- --
12/29/2022 12/29/22 For Sale $699,000 -- $319 / 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 $6,577 $580,000 $174,100 $405,900
2024 $6,276 $540,100 $164,900 $375,200
2023 $6,664 $532,700 $152,700 $380,000
2022 $7,004 $528,600 $143,500 $385,100
2021 $6,770 $490,600 $143,500 $347,100
2020 $6,384 $441,800 $124,000 $317,800
2019 $6,324 $418,800 $117,900 $300,900
2018 $5,708 $371,100 $112,400 $258,700
2017 $5,286 $333,300 $91,600 $241,700
2016 $5,146 $328,400 $86,700 $241,700
2015 $4,815 $293,400 $78,200 $215,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73066851

MLS Property Information Network (MLS PIN)

APN: SALE-000036-000000-000400