Seller's Agent in 2025
Shannon McInnis
Coldwell Banker Realty - Lynnfield
(508) 531-3822
4 in this area
73 Total Sales
9 Hancock St Salem, MA 01970
South Salem Neighborhood
6
Beds
3
Baths
2,943
Sq Ft
3,920
Sq Ft Lot
Highlights
- Deck
- Porch
- Fenced
About This Home
As of August 2025Welcome to a fantastic opportunity! This well-maintained and spacious two-family home offers flexible living arrangements, strong rental potential, and room to build equity—making it ideal for both investors and owner-occupants. Each unit features 3 bedrooms, 1 full bath, and a dedicated living and dining room. The living space extends to the 3rd floor with 2 finished bonus rooms and an additional full bath. This extra space adds tremendous flexibility and value. Outside, you’ll find a fully fenced yard that provides privacy and room to relax or entertain, as well as tandem off-street parking for two vehicles—an added bonus in this location. Situated just minutes from Salem State University and vibrant downtown Salem, this home is close to restaurants, shops, cafes, museums, the commuter rail, and everything that makes Salem one of the North Shore’s most attractive investment communities. Don’t miss your chance to own a piece of Salem with so much upside! Rents are under market (TAW).
Last Agent to Sell the Property
Coldwell Banker Realty - Lynnfield Listed on: 07/24/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,283
Year Built
- Built in 1917
Lot Details
- 3,868 Sq Ft Lot
- Fenced
Home Design
- Brick Foundation
- Stone Foundation
Interior Spaces
- 2,943 Sq Ft Home
- Property has 1 Level
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Full Bathrooms
Parking
- 2 Car Parking Spaces
- Driveway
- Open Parking
Outdoor Features
- Deck
- Porch
Community Details
- 2 Units
- Net Operating Income $68,700
Listing and Financial Details
- Total Actual Rent $5,725
- Rent includes unit 1(heat electric gas water hot water)
- Assessor Parcel Number M:33 L:0264,2134818
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 24, 2025
Closed on
Aug 28, 2025
Sold by
Dervishian Brandon and Mcinnis Shannon
Bought by
Silverio Jennifer D
Seller's Agent
Shannon McInnis
Coldwell Banker Realty - Lynnfield
Buyer's Agent
Jose Rojas
William Raveis R.E. & Home Services
List Price
$839,900
Sold Price
$910,000
Premium/Discount to List
$70,100
8.35%
Views
38
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
-$2,366
Avg. Annual Appreciation
-0.46%
Original Mortgage
$893,517
Outstanding Balance
$890,414
Interest Rate
6.75%
Mortgage Type
FHA
Estimated Equity
$17,220
Purchase Details
Listed on
Sep 15, 2021
Closed on
Nov 15, 2021
Sold by
Prindiville Prop Llc
Bought by
Dervishian Brandon and Mcinnis Shannon
Seller's Agent
Susan Sinrich
Conway - Swampscott
Buyer's Agent
Joshua Green
Coldwell Banker Realty - Lynnfield
List Price
$715,000
Sold Price
$800,039
Premium/Discount to List
$85,039
11.89%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.47%
Original Mortgage
$576,000
Interest Rate
3.01%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 25, 2017
Sold by
Prindiville John
Bought by
Prindiville Properties
Purchase Details
Closed on
May 22, 2006
Sold by
Budka Blair C and Budka Denise M
Bought by
Prindiville John
Purchase Details
Closed on
Jun 19, 1998
Sold by
Hudon Florence M Est and Hudon
Bought by
Budka Denise M and Budka Blair C
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $910,000 | -- | |
| Deed | $910,000 | -- | |
| Quit Claim Deed | $800,039 | None Available | |
| Quit Claim Deed | $800,039 | None Available | |
| Quit Claim Deed | $800,039 | None Available | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Deed | $381,000 | -- | |
| Deed | $381,000 | -- | |
| Deed | $130,000 | -- | |
| Deed | $130,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $893,517 | FHA | |
| Closed | $893,517 | FHA | |
| Previous Owner | $576,000 | Purchase Money Mortgage | |
| Previous Owner | $364,435 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/28/2025 08/28/25 | Sold | $910,000 | +8.3% | $309 / Sq Ft | |
| 07/30/2025 07/30/25 | Pending | -- | -- | -- | |
| 07/24/2025 07/24/25 | For Sale | $839,900 | +5.0% | $285 / Sq Ft | |
| 11/16/2021 11/16/21 | Sold | $800,039 | +11.9% | $272 / Sq Ft | View Prior Sale |
| 09/22/2021 09/22/21 | Pending | -- | -- | -- | |
| 09/15/2021 09/15/21 | For Sale | $715,000 | -- | $243 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
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 | $8,283 | $730,400 | $166,200 | $564,200 |
| 2024 | $7,847 | $675,300 | $157,400 | $517,900 |
| 2023 | $7,664 | $612,600 | $145,800 | $466,800 |
| 2022 | $7,621 | $575,200 | $137,000 | $438,200 |
| 2021 | $7,324 | $530,700 | $137,000 | $393,700 |
| 2020 | $6,920 | $478,900 | $118,400 | $360,500 |
| 2019 | $6,843 | $453,200 | $112,500 | $340,700 |
| 2018 | $6,284 | $408,600 | $107,300 | $301,300 |
| 2017 | $5,851 | $368,900 | $87,500 | $281,400 |
| 2016 | $5,707 | $364,200 | $82,800 | $281,400 |
| 2015 | $5,343 | $325,600 | $74,600 | $251,000 |
Source: Public Records
Agents Affiliated with this Home
-
Shannon McInnis
-
Jose Rojas
Buyer's Agent in 2025
Jose Rojas
William Raveis R.E. & Home Services
(617) 513-0316
1 in this area
67 Total Sales
-
Susan Sinrich
Seller's Agent in 2021
Susan Sinrich
Conway - Swampscott
(978) 265-3744
2 in this area
62 Total Sales
-
Joshua Green
Buyer's Agent in 2021
Joshua Green
Coldwell Banker Realty - Lynnfield
(978) 210-9226
4 in this area
24 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73409297
APN: SALE-000033-000000-000264
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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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