NOT LISTED FOR SALE

Estimated Value: $722,417 - $831,000

4 Beds
2 Baths
2,988 Sq Ft
$259/Sq Ft Est. Value

Last Sold May 11, 2020

Last sale price $530,000 $177 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $4,708/month

62 Days on Market

About This Home

As of May 2020

Back on market! Investors take notice. Superb commuter location, that is only steps away from Salem Hospital. Huge two family home, with very large rooms and great backyard. Great third floor space that can be used to expand the living area of the second floor unit or as potential new unit. Buyer to do their own research on any expansions or additions. With health matters concerning COVID19, will only show Unit 2, and common areas, by appointment. Unit 1 is occupied and 3rd floor space will not be shown. Offers will be held until reviewed on April 13, 2020 at 3:00pm, so please make your offers good through that time.

Last Agent to Sell the Property

Melvin Satterwhite

Michael Anthony Real Estate Listed on: 02/12/2020

Last Buyer's Agent

Samuel Saillant

United Brokers

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 5,227

Additional Features

  • Basement

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Year Built Description: Actual
  • List Price Per Sq Ft: 174.03
  • Comp Based On: Gross/Full Sale Price
  • Year Built: 1910
  • Lead Paint: Unknown
  • Levels: 3
  • Special Features: 20
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1910

Interior Features

  • Total Flrs: 3
  • No Bedrooms: 4
  • Total Brs: 4
  • Full Bathrooms: 2
  • Total Fbh: 2
  • No Rooms: 10
  • Basement: Y
  • Main Lo: AN2071
  • Main So: BB9067
  • Estimated Sq Ft: 2988.00

Exterior Features

  • Foundation: Fieldstone

Garage/Parking

  • Parking Spaces: 2

Utilities

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

Lot Info

  • Assessments: 501600.00
  • Acre: 0.12
  • Lot Size: 5277.00
  • Page: 567
  • Zoning: R2
  • Lot Description: Paved Drive

Multi Family

  • Total Levels: 3
  • Total Rent: 1500
  • Total Rms: 10
  • No Units: 2
  • Mf Type: 2 Family - 2 Units Up/Down

Tax Info

  • Taxes: 7248.12
  • Assessor Parcel Number: 2131318

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2020
Closed on
May 11, 2020
Sold by
Harvey Robert K
Bought by
Arias Efren M and Arias Soto
Seller's Agent
Melvin Satterwhite
Michael Anthony Real Estate
Buyer's Agent
Samuel Saillant
United Brokers
List Price
$520,000
Sold Price
$530,000
Premium/Discount to List
$10,000
1.92%
Current Estimated Value
$774,604

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$244,604
Avg. Annual Appreciation
7.04%

Purchase Details

Closed on
Mar 5, 2008
Sold by
Harvey Frank C and Hernando Mark
Bought by
Harvey Robert K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 24, 1995
Sold by
Dolan James W and Dolan Peter F
Bought by
Hernando Mark K and Harvey Frank C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,250
Interest Rate
7.49%
Mortgage Type
Purchase Money Mortgage
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
Arias Efren M $530,000 None Available
Harvey Robert K $375,000 --
Hernando Mark K $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hernando Mark K $300,000
Previous Owner Hernando Mark K $200,000
Previous Owner Hernando Mark K $147,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/11/2020 05/11/20 Sold $530,000 +1.9% $177 / Sq Ft
04/14/2020 04/14/20 Pending -- -- --
04/06/2020 04/06/20 For Sale $520,000 0.0% $174 / Sq Ft
02/16/2020 02/16/20 Pending -- -- --
02/12/2020 02/12/20 For Sale $520,000 -- $174 / 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 $7,603 $670,500 $206,600 $463,900
2024 $7,050 $606,700 $196,400 $410,300
2023 $6,818 $545,000 $181,200 $363,800
2022 $7,444 $561,800 $175,200 $386,600
2021 $7,478 $541,900 $163,100 $378,800
2020 $7,248 $501,600 $154,100 $347,500
2019 $7,179 $475,400 $146,200 $329,200
2018 $6,643 $431,900 $139,000 $292,900
2017 $6,214 $391,800 $117,200 $274,600
2016 $6,055 $386,400 $111,800 $274,600
2015 $5,716 $348,300 $102,700 $245,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72618695

MLS Property Information Network (MLS PIN)

APN: SALE-000025-000000-000012