NOT LISTED FOR SALE

Estimated Value: $1,008,000 - $1,130,000

7 Beds
3.5 Baths
3,180 Sq Ft
$340/Sq Ft Est. Value

Last Sold August 30, 2024

Last sale price $1,050,000 $330 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $6,264/month

6 Days on Market

Highlights

  • Medical Services
  • Deck
  • Wood Flooring
  • Open Floorplan
  • Property is near public transit and schools
  • 3-minute walk to Broad Street Playground

About This Home

As of August 2024

Rich in detail this two-family home has spacious sun-filled interiors with distinctive high ceilings, hardwood floors, many windows, and numerous upgrades throughout. Unit 1 occupying the first floor features 4 bedrooms, 2 bathrooms, and a deck overlooking the backyard. Unit 2 occupies the second and third floors with 3 bedrooms, 1 bathroom, large living room, formal dining room, upgraded kitchen with island and potential room to expand into the large walk-up attic making it the perfect owner occupied opportunity. Each unit has separate entrances, indoor and outdoor access to the basement (each with its own set of W/D), access to outdoor space, driveway and two-car garage. Units are separately metered. Short stroll to Downtown Salem and all shops, restaurants, museums and MBTA. Ideal owner-occupied income-producing property, pure investment opportunity, or condo conversion. Measured floor plans available. Potential for ADU in attic, buyer to do due diligence and research.

Last Agent to Sell the Property

Amanda Armstrong

Compass Listed on: 07/02/2024

Compass

Co-Listed By

Victoria Flavin

Compass

Last Buyer's Agent

David Fasano

Streamline Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,502

Year Built

  • Built in 1930

Lot Details

  • 7,353 Sq Ft Lot
  • Gentle Sloping Lot

Parking

  • 2 Car Garage
  • Driveway
  • Open Parking
  • Off-Street Parking

Home Design

  • Duplex
  • Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,180 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Living Room
  • Dining Room
  • Sun or Florida Room
  • Wood Flooring
  • Attic

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Outdoor Features

  • Balcony
  • Deck
  • Enclosed Patio or Porch
  • Rain Gutters

Location

  • Property is near public transit and schools

Utilities

  • 2 Heating Zones
  • Baseboard Heating
  • Separate Meters
  • High Speed Internet

Listing and Financial Details

  • Total Actual Rent $6,550
  • Tax Lot 0281
  • Assessor Parcel Number 2131668

Community Details

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Park
  • Jogging Path
  • Bike Trail

Additional Features

  • 2 Units
  • Net Operating Income $78,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,502

Year Built

Built in 1930

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Year Built: 1930
  • Year Built Details: Actual,Renovated Since
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Hardwood, Stone/Ceramic Tile
  • Interior Amenities: Pantry, Upgraded Countertops, Bathroom With Tub & Shower, Floored Attic, Walk-Up Attic, Stone/Granite/Solid Counters, Upgraded Cabinets, Open Floorplan, Remodeled, Internet Available - DSL, Living Room, Kitchen, Laundry Room, Dining Room, Sunroom
  • Fireplace YN: No
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
  • Total Bedrooms: 7
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Basement: Full, Interior Entry, Unfinished
  • Living Area: 3180
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: AN2383
  • MAIN SO: AN0218

Exterior Features

  • Exterior Features: Balcony/Deck, Rain Gutters
  • Construction Materials: Frame
  • Foundation Details: Concrete Perimeter
  • Home Warranty YN: No
  • Patio And Porch Features: Enclosed, Deck
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront Features: Beach Front, 1 to 2 Mile To Beach
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Heating: Baseboard
  • Electric: Circuit Breakers, Individually Metered
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 2
  • HEAT ZONES: 2
  • COOLING ZONES: 0
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, House of Worship, Public School, T-Station
  • Senior Community YN: No

Lot Info

  • Parcel Number: 2131668
  • Zoning: B
  • Farm Land Area Units: Square Feet
  • Lot Features: Gentle Sloping
  • Lot Size Acres: 0.17
  • Lot Size Sq Ft: 7353
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 9502
  • Tax Lot: 0281

Multi Family

  • Net Operating Income: 78000
  • Number Of Units Total: 2
  • Total Actual Rent: 6550
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEASE 2: N
  • LEASE 1: Y

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 16, 2022
Sold by
Blumner Alan
Bought by
Alan Blumner Ret and Blumner
Current Estimated Value
$1,044,598

Purchase Details

Listed on
Dec 1, 2020
Closed on
Mar 30, 2021
Sold by
Deoliveira Wander
Bought by
Blumner Alan
Seller's Agent
Francisco Alonso
Dell Realty Inc.
Buyer's Agent
Amanda Armstrong
Compass
List Price
$799,900
Sold Price
$785,000
Premium/Discount to List
-$14,900
-1.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.90%

Purchase Details

Listed on
May 10, 2017
Closed on
Jul 13, 2017
Sold by
Baccari Ann and Baccari Larry
Bought by
Deoliveira Wander
Seller's Agent
Kathleen Ingemi
Kathleen Ingemi
Buyer's Agent
Francisco Alonso
Dell Realty Inc.
List Price
$500,000
Sold Price
$540,000
Premium/Discount to List
$40,000
8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.58%
Original Mortgage
$530,219
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 28, 2008
Sold by
Kalil Joseph G
Bought by
Kalil Llc

Purchase Details

Closed on
Apr 5, 2005
Sold by
Kalil Joseph H
Bought by
Kalil Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,575
Interest Rate
5.61%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 21, 1997
Sold by
Spitz Bros Appliance
Bought by
Kalil Joseph G
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Alan Blumner Ret -- None Available
Alan Blumner Ret -- None Available
Alan Blumner Ret -- None Available
Blumner Alan $785,000 None Available
Blumner Alan $785,000 None Available
Deoliveira Wander $540,000 --
Kalil Llc -- --
Kalil Llc -- --
Kalil Llc $132,575 --
Kalil Llc $132,575 --
Kalil Joseph G $73,650 --
Kalil Joseph G $73,650 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Deoliveira Wander $530,219
Previous Owner Kalil Llc $132,575
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/30/2024 08/30/24 Sold $1,050,000 0.0% $330 / Sq Ft
07/09/2024 07/09/24 Pending -- -- --
07/02/2024 07/02/24 For Sale $1,050,000 +33.8% $330 / Sq Ft
04/02/2021 04/02/21 Sold $785,000 -1.9% $183 / Sq Ft View Prior Sale
01/06/2021 01/06/21 Pending -- -- --
12/01/2020 12/01/20 For Sale $799,900 +48.1% $186 / Sq Ft
07/13/2017 07/13/17 Sold $540,000 +8.0% $126 / Sq Ft View Prior Sale
05/15/2017 05/15/17 Pending -- -- --
05/10/2017 05/10/17 For Sale $500,000 -- $116 / 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 $10,265 $905,200 $187,400 $717,800
2024 $9,502 $817,700 $187,400 $630,300
2023 $9,240 $738,600 $171,500 $567,100
2022 $8,646 $652,500 $165,200 $487,300
2021 $7,527 $545,400 $155,700 $389,700
2020 $7,284 $504,100 $139,800 $364,300
2019 $7,118 $471,400 $127,100 $344,300
2018 $6,310 $410,300 $118,200 $292,100
2017 $6,085 $383,700 $111,200 $272,500
2016 $5,684 $362,700 $90,200 $272,500
2015 $5,638 $343,600 $90,200 $253,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73259737

MLS Property Information Network (MLS PIN)

APN: SALE-000025-000000-000281