Seller's Agent in 2016
Chuck Andre
RE/MAX
(617) 312-7156
113 Total Sales
985 Salem St Malden, MA 02148
Linden NeighborhoodEstimated Value: $853,938 - $1,148,000
5
Beds
3
Baths
2,568
Sq Ft
$382/Sq Ft
Est. Value
About This Home
As of February 2016Great opportunity to own this well maintained and updated two-family located on a quiet residential extension loop of Salem Street close to the restaurants and shopping of Routes 1 & 99. Property boasts spacious and bright rooms, hardwood floors, large kitchens, laundry hook-ups and some terrific woodwork. There are enclosed sun room/porches in both units. Newer windows, a young roof, and a freshly painted interior makes this property a must see! Extra large and open attic space as well as full basement with a half bath will give the new owner the possibility of expansion. Off street parking, a fenced yard and just steps to T bus routes. First floor unit has a tenant at will while the second floor unit was recently vacated.
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$88
Year Built
1922
Lot Details
0
Listing Details
- Lot Description: Paved Drive, Level
- Other Agent: 1.00
- Special Features: None
- Property Sub Type: MultiFamily
- Year Built: 1922
Interior Features
- Has Basement: Yes
- Number of Rooms: 11
- Amenities: Public Transportation, Shopping, Park, Highway Access, House of Worship, Private School, Public School, T-Station
- Energy: Insulated Windows, Insulated Doors
- Flooring: Tile, Hardwood
- Basement: Full
Exterior Features
- Roof: Asphalt/Fiberglass Shingles
- Construction: Frame
- Exterior: Shingles
- Exterior Features: Porch - Enclosed, Fenced Yard
- Foundation: Poured Concrete
Garage/Parking
- Parking: Off-Street
- Parking Spaces: 3
Utilities
- Heat Zones: 2
- Utility Connections: for Gas Range, for Gas Dryer, Washer Hookup
- Sewer: City/Town Sewer
- Water: City/Town Water
Condo/Co-op/Association
- Total Units: 2
Lot Info
- Assessor Parcel Number: M:152 B:505 L:505
- Zoning: ResA
Multi Family
- Heat Units: 2
- Total Bedrooms: 5
- Total Floors: 3
- Total Full Baths: 2
- Total Half Baths: 1
- Total Levels: 2
- Total Rms: 11
- Total Rent_1: 3450
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 10, 2015
Closed on
Feb 26, 2016
Sold by
Bucko Ft
Bought by
Bui Linh and Nguyen Nhu
Seller's Agent
Chuck Andre
RE/MAX Andrew Realty Services
Buyer's Agent
Chuck Andre
RE/MAX Andrew Realty Services
List Price
$549,900
Sold Price
$520,000
Premium/Discount to List
-$29,900
-5.44%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$381,177
Avg. Annual Appreciation
5.60%
Original Mortgage
$300,000
Outstanding Balance
$241,453
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$629,949
Purchase Details
Closed on
Dec 16, 2003
Sold by
Giannetta Gerald J
Bought by
Bucko Ft
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 |
|---|---|---|---|
| Bui Linh | $520,000 | -- | |
| Bucko Ft | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bui Linh | $300,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/26/2016 02/26/16 | Sold | $520,000 | -5.4% | $202 / Sq Ft |
| 12/23/2015 12/23/15 | Pending | -- | -- | -- |
| 12/10/2015 12/10/15 | For Sale | $549,900 | -- | $214 / 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 | $88 | $777,800 | $304,900 | $472,900 |
| 2024 | $8,585 | $734,400 | $288,400 | $446,000 |
| 2023 | $8,101 | $664,600 | $263,700 | $400,900 |
| 2022 | $7,737 | $626,500 | $239,000 | $387,500 |
| 2021 | $7,447 | $605,900 | $218,400 | $387,500 |
| 2020 | $7,166 | $566,500 | $207,700 | $358,800 |
| 2019 | $7,030 | $529,800 | $197,800 | $332,000 |
| 2018 | $6,760 | $479,800 | $166,900 | $312,900 |
| 2017 | $6,473 | $456,800 | $166,900 | $289,900 |
| 2016 | $6,772 | $446,700 | $158,600 | $288,100 |
| 2015 | $6,523 | $414,700 | $149,600 | $265,100 |
| 2014 | $6,124 | $380,400 | $136,000 | $244,400 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 71940419
APN: MALD-000152-000505-000505
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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.
Nearby Homes
- 985 Salem St Unit 1
- 985 Salem St Unit 2
- 967 Salem St Unit 969
- 961 Salem St
- 974 Salem St Unit 976
- 974 Salem St Unit 1
- 26 Hunting St
- 999 Salem St
- 999 Salem St Unit 1
- 968 Salem St Unit 970
- 28 Hunting St
- 955 Salem St
- 997 Salem St Unit 999
- 980 Salem St
- 980 Salem St Unit 2
- 990 Salem St
- 992 Salem St
- 32 Hunting St
- 1003 Salem St
- 38 Hunting St