NOT LISTED FOR SALE

90 Summer St Salem, MA 01970

Downtown Salem Neighborhood

Estimated Value: $696,000 - $926,000

7 Beds
3 Baths
2,702 Sq Ft
$309/Sq Ft Est. Value

Last Sold January 28, 2021

Last sale price $735,000 $272 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $5,025/month

101 Days on Market

About This Home

As of January 2021

Rare find only 0.2 mi from downtown Salem! It is extremely rare to find a multi with this much additional land so close to downtown! Great opportunity for owner occupant, investment property, and/or potential conversion, each with plenty of additional land for parking/possible expansion. Over the last 4-6 years the owner has updated unit 2 kitchen, bathrooms, installed high efficiency water system, and living areas. Currently owner occupied with no leases, property will be delivered vacant. Currently three finished floors with 7+ bedrooms, Owner is painting floors two and three prior to sale. Only 0.2 miles from downtown Salem, 0.5-0.6 mi from the commuter rail, and 1-1.5 mi from Salem Sate University Text Jon Ladas for info/showing

Last Agent to Sell the Property

Jon Ladas

Byrnes Real Estate Group LLC Listed on: 08/11/2020

Last Buyer's Agent

Haley Paster Scimone

Sagan Harborside Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1880

Lot Details

  • 7,841

Parking

  • 2 Car Garage

Additional Features

  • Basement

Property Details

Home Type

Multi-Family

Year Built

Built in 1880

Lot Details

7,841 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Multi-family
  • Other Agent: 1.00
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 277.57
  • Comp Based On: Gross/Full Sale Price
  • Year Built: 1880
  • Lead Paint: Unknown
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1880

Interior Features

  • Total Flrs: 3
  • No Bedrooms: 7
  • Total Brs: 7
  • Full Bathrooms: 3
  • Total Fbh: 3
  • No Rooms: 16
  • Basement: Y
  • Basement Features: Unfinished Basement
  • Main Lo: AN2612
  • Main So: AN4471
  • Estimated Sq Ft: 2702.00

Garage/Parking

  • Parking Spaces: 15
  • Garage Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water

Lot Info

  • Assessments: 501100.00
  • Acre: 0.18
  • Lot Size: 7889.00
  • Page: 501
  • Zoning: R2

Multi Family

  • Total Levels: 3
  • Total Rms: 15
  • No Units: 2
  • Mf Type: 2 Family

Tax Info

  • Taxes: 7240.90
  • Assessor Parcel Number: 2131897
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2020
Closed on
Dec 7, 2020
Sold by
90 Summer Rt and Barrett
Bought by
Coronado Wilber O
Seller's Agent
Jon Ladas
Byrnes Real Estate Group LLC
Buyer's Agent
Haley Paster Scimone
Sagan Harborside Sotheby's International Realty
List Price
$750,000
Sold Price
$735,000
Premium/Discount to List
-$15,000
-2%
Current Estimated Value
$835,091

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,091
Avg. Annual Appreciation
2.56%
Original Mortgage
$588,000
Interest Rate
2.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 10, 2015
Sold by
Johnson James R
Bought by
90 Summer Rt and Barrett

Purchase Details

Listed on
May 14, 2014
Closed on
Sep 15, 2014
Sold by
Donahue John and Donahue Rosanna M
Bought by
Johnson James R
Seller's Agent
Daniel Meegan
J. Barrett & Company
Buyer's Agent
Redfin North Boston Team
Redfin Corp.
List Price
$390,000
Sold Price
$372,000
Premium/Discount to List
-$18,000
-4.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.33%
Original Mortgage
$280,000
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 16, 1996
Sold by
Sak Leah Ann and Stewart Frances L
Bought by
Donahue John J and Donahue Michael
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Coronado Wilber O $735,000 None Available
Coronado Wilber O $735,000 None Available
90 Summer Rt -- --
Johnson James R $372,000 --
Donahue John J $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Coronado Wilber O $588,000
Previous Owner Johnson James R $280,000
Previous Owner Donahue John J $272,500
Previous Owner Donahue John J $50,000
Previous Owner Donahue John J $215,600
Previous Owner Donahue John J $124,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/28/2021 01/28/21 Sold $735,000 -2.0% $272 / Sq Ft
11/20/2020 11/20/20 Pending -- -- --
11/20/2020 11/20/20 For Sale $750,000 +2.0% $278 / Sq Ft
10/05/2020 10/05/20 Off Market $735,000 -- --
09/23/2020 09/23/20 For Sale $750,000 +2.0% $278 / Sq Ft
09/10/2020 09/10/20 Off Market $735,000 -- --
08/17/2020 08/17/20 Price Changed $750,000 -6.3% $278 / Sq Ft
08/11/2020 08/11/20 For Sale $800,000 +115.1% $296 / Sq Ft
09/12/2014 09/12/14 Sold $372,000 -4.6% $138 / Sq Ft View Prior Sale
08/13/2014 08/13/14 Pending -- -- --
05/14/2014 05/14/14 For Sale $390,000 -- $144 / 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 $8,673 $764,800 $189,800 $575,000
2024 $8,407 $723,500 $189,800 $533,700
2023 $8,267 $660,800 $173,700 $487,100
2022 $8,075 $609,400 $167,300 $442,100
2021 $7,684 $556,800 $157,600 $399,200
2020 $7,241 $501,100 $141,500 $359,600
2019 $7,089 $469,500 $128,700 $340,800
2018 $6,361 $413,600 $119,700 $293,900
2017 $6,149 $387,700 $112,600 $275,100
2016 $5,771 $368,300 $91,400 $276,900
2015 -- $278,900 $91,400 $187,500
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Jon Ladas

    Byrnes Real Estate Group LLC

    Section Image

  • H

    Buyer's Agent in 2021

    Haley Paster Scimone

    Sagan Harborside Sotheby's International Realty

    Section Image
  • Daniel Meegan

    Seller's Agent in 2014

    Daniel Meegan

    J. Barrett & Company

    (617) 388-8500

    6 in this area

    72 Total Sales

    Daniel Meegan
    Section Image

  • R

    Buyer's Agent in 2014

    Redfin North Boston Team

    Redfin Corp.

See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72705087

MLS Property Information Network (MLS PIN)

APN: SALE-000025-000000-000493

Massachusetts Essex County Salem 01970 Downtown Salem

90 Summer St, Salem, MA

Not Listed for Sale

MultiFamily

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MLS Property Information Network (MLS PIN) 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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