NOT LISTED FOR SALE
2 Beds
4 Baths
3,689 Sq Ft
6,098 Sq Ft Lot

Sale Details

Date Sold: April 23, 2021

Last sale price $625,000 $169 Per Sq Ft

42 Days on Market

About This Home

As of April 2021

Investor opportunity! This fully tenanted 4 unit Salem building offers one commercial unit that is currently being used as a barber shop and 3 residential units, positively cash flowing and with room for updates to be made. The large lot offers lots of space and an opportunity for possible future development. This investment property is located conveniently to major routes, the commuter rail and downtown Salem. Bring your creativity!

Last Agent to Sell the Property

Street Property Team

Keller Williams Realty Boston Northwest Listed on: 02/12/2021

Keller Williams Realty Boston Northwest

Last Buyer's Agent

Street Property Team

Keller Williams Realty Boston Northwest Listed on: 02/12/2021

Keller Williams Realty Boston Northwest
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 6,098

Utilities

  • Natural Gas Water Heater

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:26 L:0388

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

6,098 Sq Ft Lot

Listing Details

  • Property Type: Multi-family
  • Other Agent: 2.00
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 182.98
  • Comp Based On: Net Sale Price
  • Year Built: 1910
  • Lead Paint: Unknown
  • Levels: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1910

Interior Features

  • Total Flrs: 6
  • No Bedrooms: 2
  • Total Brs: 2
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Fbh: 3
  • Total Hbh: 1
  • No Rooms: 15
  • Basement: Y
  • Main Lo: BB5522
  • Main So: BB5522
  • Estimated Sq Ft: 3689.00

Exterior Features

  • Exterior: Aluminum
  • Foundation: Fieldstone

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Amenities: Public Transportation

Lot Info

  • Assessments: 433500.00
  • Acre: 0.14
  • Lot Size: 6225.00
  • Page: 608
  • Parcel Number: M:26 L:0388
  • Zoning: B1

Multi Family

  • APOD Available: Yes
  • Total Levels: 2
  • Total Rms: 7
  • No Units: 4
  • Mf Type: 4 Family

Tax Info

  • Taxes: 6264.07
  • Assessor Parcel Number: 4078827
  • Tax Year: 2020

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2021
Closed on
Apr 21, 2021
Sold by
Bought by
Seller's Agent
Street Property Team
Keller Williams Realty Boston Northwest
Buyer's Agent
Street Property Team
Keller Williams Realty Boston Northwest
List Price
$675,000
Sold Price
$625,000
Premium/Discount to List
-$50,000
-7.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
3.05%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$625,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $11,010,000
Closed $926,250
Closed $650,000
Previous Owner $650,000
Previous Owner $50,000
Previous Owner $145,000
Previous Owner $5,000
Previous Owner $5,000
Previous Owner $152,000
Previous Owner $150,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/23/2021 04/23/21 Sold $625,000 -7.4% $169 / Sq Ft
03/26/2021 03/26/21 Pending -- -- --
03/21/2021 03/21/21 For Sale $675,000 0.0% $183 / Sq Ft
03/02/2021 03/02/21 Pending -- -- --
02/12/2021 02/12/21 For Sale $675,000 -- $183 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 -- $774,700 $157,700 $617,000
2024 -- $705,900 $157,700 $548,200
2023 $0 $663,800 $139,100 $524,700
2022 $0 $526,500 $129,900 $396,600
2021 $0 $445,400 $121,200 $324,200
2020 $0 $433,500 $125,500 $308,000
2019 $0 $410,800 $114,400 $296,400
2018 $0 $357,600 $98,900 $258,700
2017 $0 $298,700 $79,200 $219,500
2016 -- $298,700 $79,200 $219,500
2015 -- $277,500 $68,000 $209,500
Source: Public Records

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72785293

MLS Property Information Network (MLS PIN)

APN: SALE-000026-000000-000388

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