NOT LISTED FOR SALE

9 May St Unit 2 Salem, MA 01970

Gallows Hill Neighborhood

Estimated Value: $566,000 - $692,000

2 Beds
1 Bath
816 Sq Ft
$763/Sq Ft Est. Value

About This Home

As of August 2016

Gorgeously two bedroom rental renovated to the studs in 2014! This gleaming light filled unit, has an open concept and a stunning kitchen with stainless steel appliances. Located in historic Salem, this unit is less than one mile from the MBTA train to Boston and vibrant downtown Salem. Property is available immediately for a 12 month lease term. For consideration, prospective tenants should submit rental application, provide recent credit report, references, and proof of employment. First & last months' rent and half month's fee required upon lease signing. Unit does not have delead certificate. No dogs. No smoking.

Last Agent to Rent the Property

Tyson Lynch

The Proper Nest Real Estate Listed on: 07/25/2016

Last Renter's Agent

Tyson Lynch

The Proper Nest Real Estate Listed on: 07/25/2016

Property Details

Home Type

Other

Est. Annual Taxes

$6,159

Year Built

1920

Lot Details

0

Rental Info

  • First Month Req: Yes
  • Insurance Required: Yes
  • Last Month Req: Yes
  • Lead Paint: Unknown
  • Pets Allowed: Yes w/ Restrictions
  • References Req: Yes
  • Rental Terms: Lease
  • Rent Includes: Water, Snow Removal, Laundry Facilities, Parking
  • Term Of Rental: 12
  • Unit In Building: 2
  • Unit Level: 2
  • Year Round: Yes

Listing Details

  • Property Class: Rental
  • Special Features: None
  • Year Built: 1920

Interior Features

  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator
  • Number of Rooms: 5
  • Amenities: Public Transportation, Shopping, Tennis Court, Park, Walk/Jog Trails, Medical Facility, Laundromat, House of Worship, Public School, T-Station, University

Garage/Parking

  • Parking Spaces: 2

Utilities

  • Heating: Gas, Hot Water Baseboard

Lot Info

  • Assessor Parcel Number: M:25 L:0045

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 31, 2015
Sold by
Truong Cameron
Bought by
Marley Ret
Current Estimated Value
$622,221

Purchase Details

Closed on
Oct 31, 2014
Sold by
Germano Judy A and Schrader Mary J
Bought by
Truong Cameron

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,127
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
May 24, 2000
Sold by
Fagan Thomas E
Bought by
Germano Judy A and Schrader Mary Jane
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
Marley Ret -- --
Truong Cameron $269,000 --
Germano Judy A $170,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marley Ret $97,500
Closed Marley Ret $68,980
Previous Owner Truong Cameron $12,000
Previous Owner Truong Cameron $268,000
Previous Owner Truong Cameron $264,127
Previous Owner Fagan Thomas E $50,000
Previous Owner Fagan Thomas E $153,500
Previous Owner Fagan Thomas E $141,669
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2016 08/16/16 Rented $1,600 0.0% --
08/10/2016 08/10/16 Under Contract -- -- --
07/25/2016 07/25/16 For Rent $1,600 -- --
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 $6,159 $543,100 $161,300 $381,800
2024 $5,882 $506,200 $152,800 $353,400
2023 $5,697 $455,400 $141,500 $313,900
2022 $5,823 $439,500 $133,000 $306,500
2021 $5,643 $408,900 $133,000 $275,900
2020 $5,383 $372,500 $114,900 $257,600
2019 $5,329 $352,900 $109,200 $243,700
2018 $4,922 $320,000 $104,100 $215,900
2017 $4,244 $267,600 $84,900 $182,700
2016 $4,123 $263,100 $80,400 $182,700
2015 -- $262,600 $72,400 $190,200
Source: Public Records

Agents Affiliated with this Home

  • Tyson Lynch

    Landlord's Agent in 2016

    Tyson Lynch

    The Proper Nest Real Estate

    (781) 244-5208

    74 Total Sales

    Tyson Lynch
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72043369

MLS Property Information Network (MLS PIN)

APN: SALE-000025-000000-000045

Massachusetts Essex County Salem 01970 Gallows Hill

9 May St Unit 2, Salem, MA

This home is located at 9 May St Unit 2, Salem, MA 01970 since 25 July 2016 and is currently priced at $622,221. This property was built in 1920. 9 May St Unit 2 is a home located in Essex County with nearby schools including Horace Mann Laboratory, Saltonstall School, and Witchcraft Heights Elementary School.

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