Seller's Agent in 2021
Francesca Little
Little & Co., REALTORS®
(978) 745-4447
1 in this area
31 Total Sales
97 Mason St Salem, MA 01970
Mack Park NeighborhoodEstimated Value: $447,000 - $1,203,000
8
Beds
4
Baths
4,379
Sq Ft
$179/Sq Ft
Est. Value
Highlights
- Property is near public transit
- Fenced
- 4-minute walk to Mack Park
- Laundry Room
About This Home
As of October 2021Investment opportunity in a developing part of Salem! This property includes two 2 famlies that are deeded together and share a large backyard. Each building includes two 2 bedrooms and 1 bathroom. One 2nd floor unit has two levels of living and the other has a large attic space that could easily be included into a townhouse style apartment. Some recent updates include a new roof, vinyl siding, new windows, new concrete basement floor and newly re-pointed foundation on 99 Mason. All utilities are separate. Please see paperclip attachment for income and expenses.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,408
Year Built
- Built in 1850
Lot Details
- 4,792 Sq Ft Lot
- Fenced
Home Design
- 4,379 Sq Ft Home
- Stone Foundation
- Shingle Roof
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Full Bathrooms
Additional Features
- Laundry Room
- Property is near public transit
- Gas Water Heater
Listing and Financial Details
- Total Actual Rent $5,300
Community Details
Overview
- 4 Units
- Property has 1 Level
Building Details
- Operating Expense $18,008
- Net Operating Income $42,412
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 12, 2025
Sold by
97 Mason Llc
Bought by
Johnson Malory E
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Outstanding Balance
$340,000
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$444,676
Purchase Details
Closed on
Dec 5, 2022
Sold by
Rice-Swiss Alexander M
Bought by
97 Mason Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
6.95%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Closed on
Aug 8, 2008
Sold by
Henrie Rt and Gagnon
Bought by
97-99 Mason Street Rt and Boches
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Johnson Malory E | $390,000 | -- | |
| 97 Mason Llc | -- | None Available | |
| 97 Mason Llc | -- | None Available | |
| 97-99 Mason Street Rt | $370,000 | -- | |
| 97-99 Mason Street Rt | $370,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Johnson Malory E | $340,000 | |
| Previous Owner | 97 Mason Llc | $420,000 | |
| Previous Owner | 97-99 Mason Street Rt | $296,000 | |
| Previous Owner | 97-99 Mason Street Rt | $140,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/01/2021 10/01/21 | Sold | $828,000 | -7.9% | $189 / Sq Ft |
| 09/16/2021 09/16/21 | Pending | -- | -- | -- |
| 08/17/2021 08/17/21 | For Sale | $899,000 | -- | $205 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $6,477 | $571,200 | $142,000 | $429,200 |
| 2024 | $4,516 | $388,600 | $142,000 | $246,600 |
| 2023 | $8,966 | $716,700 | $134,700 | $582,000 |
| 2022 | $7,637 | $576,400 | $125,700 | $450,700 |
| 2021 | $7,217 | $523,000 | $117,300 | $405,700 |
| 2020 | $7,349 | $508,600 | $121,500 | $387,100 |
| 2019 | $7,200 | $476,800 | $110,700 | $366,100 |
| 2018 | $6,461 | $420,100 | $95,800 | $324,300 |
| 2017 | $5,978 | $376,900 | $76,600 | $300,300 |
| 2016 | $5,906 | $376,900 | $76,600 | $300,300 |
| 2015 | $5,657 | $344,700 | $65,800 | $278,900 |
Source: Public Records
Agents Affiliated with this Home
-
Francesca Little
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72882307
APN: SALE-000016-000000-000348
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