NOT LISTED FOR SALE

Estimated Value: $969,000 - $1,025,000

5 Beds
3 Baths
2,063 Sq Ft
$482/Sq Ft Est. Value

Last Sold April 13, 2023

Last sale price $885,000 $429 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $6,368/month

5 Days on Market

About This Home

As of April 2023

This 3-unit Property has undergone major renovations /repairs, approximately 23 years ago. Upgrades included, Plumbing, Electrical, Heating, Kitchens, Bathrooms, Wall Boarding and Trim. The renovations tastefully blends old character with new amenities. Roof 3 years old. The rear of property overlooks adjacent neighboring gardens and Derby Wharf. Coin operated Washer and Dryer located in basement. Separate Heat and Hot Water.

Last Listed By

Jay Levy

Bedrock Properties Listed on: 03/06/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,701

Year Built

  • Built in 1890

Lot Details

  • 2,387 Sq Ft Lot

Home Design

  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,063 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Parking

  • 3 Car Parking Spaces
  • Driveway
  • Unpaved Parking
  • Open Parking

Schools

  • Bentley Elementary School
  • Salem High School

Utilities

  • 3 Heating Zones
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $4,956
  • Assessor Parcel Number M:35 L:0337,2136747

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Building Details

  • Electric Expense $482
  • Water Sewer Expense $1,083
  • Operating Expense $2,833
  • Net Operating Income $47,950

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,701

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1890
  • Buyer Agency: 2
  • Transaction Broker: 2
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Fireplace YN: No
  • Appliances: Gas Water Heater
  • Total Bedrooms: 5
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full
  • Living Area: 2063
  • Stories Total: 6
  • MAIN LO: NB3488
  • LIST PRICE PER Sq Ft: 431.41
  • PRICE PER Sq Ft: 428.99
  • MAIN SO: AN2383

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront Features: Beach Front, Harbor, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Unpaved
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • HEAT UNITS: 3
  • HEAT ZONES: 3
  • COOLING ZONES: 0

Fee Information

  • Water Sewer Expenses: 1083

Lot Info

  • Parcel Number: M:35 L:0337,2136747
  • Zoning: R2
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.05
  • Lot Size Area: 0.05
  • Lot Size Sq Ft: 2387
  • Lot Size Units: Acres
  • PAGE: 438
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 8701
  • Tax Book Number: 34260

Multi Family

  • Electric Expense: 482
  • Gross Income: 59472
  • Net Operating Income: 47950
  • Number Of Units Total: 3
  • Operating Expense: 2833
  • Total Actual Rent: 4956
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

MLS Schools

  • High School: Salem
  • Elementary School: Bentley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 8, 2024
Sold by
Dicicco Dennis and Rojas Diana
Bought by
9 Hodges Court Rt and Louie D Re Ma Llc Tr
Total Days on Market
5
Current Estimated Value
$994,152

Purchase Details

Listed on
Jun 26, 2015
Closed on
Jul 31, 2015
Sold by
Day Carolyn B and Day Michael
Bought by
Amber Realty Llc
Seller's Agent
Kathie Strout
Century 21 North East
Buyer's Agent
Jay Levy
Bedrock Properties
List Price
$559,000
Sold Price
$530,000
Premium/Discount to List
-$29,000
-5.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.94%

Purchase Details

Closed on
Dec 22, 1997
Sold by
Tusinski Genevieve Est
Bought by
Day Carolyn B

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
9 Hodges Court Rt -- None Available
9 Hodges Court Rt -- None Available
Amber Realty Llc $530,000 --
Day Carolyn B $125,000 --
Day Carolyn B $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dicicco Dennis $648,750
Previous Owner Day Carolyn B $294,126
Previous Owner Day Carolyn B $277,800
Previous Owner Day Carolyn B $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2023 04/13/23 Sold $885,000 -0.6% $429 / Sq Ft
03/12/2023 03/12/23 Pending -- -- --
03/06/2023 03/06/23 For Sale $890,000 +67.9% $431 / Sq Ft
07/31/2015 07/31/15 Sold $530,000 -5.2% $252 / Sq Ft
07/01/2015 07/01/15 Pending -- -- --
06/26/2015 06/26/15 For Sale $559,000 -- $266 / 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 $9,637 $849,800 $191,800 $658,000
2024 $9,277 $798,400 $182,300 $616,100
2023 $8,701 $695,500 $168,200 $527,300
2022 $8,450 $637,700 $162,600 $475,100
2021 $8,125 $588,800 $151,400 $437,400
2020 $7,622 $527,500 $143,000 $384,500
2019 $7,574 $501,600 $135,700 $365,900
2018 $6,899 $448,600 $129,000 $319,600
2017 $6,499 $409,800 $108,800 $301,000
2016 $5,105 $325,800 $103,700 $222,100
2015 $4,974 $303,100 $95,300 $207,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73084529

MLS Property Information Network (MLS PIN)

APN: SALE-000035-000000-000337