Seller's Agent in 2021
Francesca Little
Little & Co., REALTORS®
(978) 745-4447
1 in this area
32 Total Sales
97 Mason St Salem, MA 01970
Mack Park NeighborhoodEstimated Value: $445,000 - $761,276
8
Beds
4
Baths
4,379
Sq Ft
$145/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
$338,812
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$294,257
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
New Conventional
Purchase Details
Listed on
Aug 17, 2021
Closed on
Oct 1, 2021
Sold by
97-99 Mason Street Rt and Boches
Bought by
Rice-Swiss Alexander M
Seller's Agent
Francesca Little
Little & Co., REALTORS®
Buyer's Agent
Francesca Little
Little & Co., REALTORS®
List Price
$899,000
Sold Price
$828,000
Premium/Discount to List
-$71,000
-7.9%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.02%
Original Mortgage
$813,002
Interest Rate
2.8%
Mortgage Type
FHA
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
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Johnson Malory E | $390,000 | -- | |
| Johnson Malory E | $390,000 | -- | |
| 97 Mason Llc | -- | None Available | |
| 97 Mason Llc | -- | None Available | |
| 97 Mason Llc | -- | None Available | |
| Rice-Swiss Alexander M | $828,000 | None Available | |
| Rice-Swiss Alexander M | $828,000 | None Available | |
| Rice-Swiss Alexander M | $828,000 | 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 | |
| Closed | Johnson Malory E | $340,000 | |
| Previous Owner | 97 Mason Llc | $420,000 | |
| Previous Owner | Rice-Swiss Alexander M | $813,002 | |
| Previous Owner | 97-99 Mason Street Rt | $296,000 |
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
| 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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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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