NOT LISTED FOR SALE

Estimated Value: $468,864 - $506,000

3 Beds
1.5 Baths
1,170 Sq Ft
$415/Sq Ft Est. Value

Last Sold December 29, 2023

Last sale price $390,000 $333 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $2,914/month

83 Days on Market

Highlights

  • Medical Services
  • Cape Cod Architecture
  • Wood Flooring
  • 0.43 Acre Lot
  • Property is near public transit
  • 2-minute walk to Castle Hill Park

About This Home

As of December 2023

"ATTENTION: Investors, Builders, Contractors, Single Family Cape home with detached garage on 18,687 sq ft lot, 5 rooms, 3 beds, 1.5 baths, Home is in need of total rehab, gut or rebuild, Located close to Salem hospital and downtown. ?Seller or Agent make no warranties or representations as to the condition of the property or its systems. Seller has never lived in home.

Last Listed By

Teresa Troisi

Core Real Estate Listed on: 09/28/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,888

Year Built

  • Built in 1945

Lot Details

  • 0.43 Acre Lot
  • Corner Lot

Parking

  • 1 Car Detached Garage
  • Open Parking
  • Off-Street Parking

Home Design

  • Cape Cod Architecture
  • Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,170 Sq Ft Home
  • Ceiling Fan
  • Unfinished Basement
  • Walk-Out Basement

Flooring

  • Wood
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Outdoor Features

  • Rain Gutters

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Hot Water Heating System

Listing and Financial Details

  • Assessor Parcel Number 2131049

Community Details

Overview

  • No Home Owners Association

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Park
  • Jogging Path

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,888

Year Built

Built in 1945

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cape
  • Year Built: 1945
  • Buyer Agency: 2
  • Sub Agent Compensation: 2
  • Transaction Broker: 2
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: Yes
  • Compensation Based On: Gross/Full Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Flooring: Wood
  • Fireplace YN: No
  • Total Bedrooms: 3
  • Room Bedroom2 Level: Second
  • Room Bedroom3 Level: Second
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bathrooms: 1.5
  • Room Master Bedroom Features: Flooring - Hardwood
  • Room Master Bedroom Level: First
  • Bathroom 1 Features: Bathroom - Full, Flooring - Stone/Ceramic Tile
  • Bathroom 1 Level: First
  • Bathroom 2 Level: Second
  • Room Kitchen Level: First
  • Room Kitchen Features: Ceiling Fan(s), Flooring - Vinyl
  • Room Living Room Level: First
  • Room Living Room Features: Flooring - Hardwood
  • Basement: Walk-Out Access, Unfinished
  • Living Area: 1170
  • Spa YN: No
  • MAIN LO: AN0388
  • LIST PRICE PER Sq Ft: 341.03
  • PRICE PER Sq Ft: 333.33
  • MAIN SO: AN5486

Exterior Features

  • Exterior Features: Rain Gutters
  • Construction Materials: Frame
  • Foundation Details: Concrete Perimeter
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage YN: No
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Detached, Off Street, Paved
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Hot Water, Oil
  • Cooling Y N: No
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Public School, T-Station, University
  • Senior Community YN: No

Lot Info

  • Parcel Number: 2131049
  • Zoning: res
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.43
  • Lot Size Area: 0.43
  • Lot Size Sq Ft: 18687
  • Lot Size Units: Acres
  • Property Attached YN: No
  • PAGE: 999
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 4888
  • Tax Book Number: 999

Multi Family

  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 16, 2023
Sold by
Griffin Richard P and Loancare Llc
Bought by
427 Lowell Llc
Total Days on Market
83
Current Estimated Value
$484,966

Purchase Details

Closed on
Aug 21, 2006
Sold by
Holt Kevin J and Holt Lyn A
Bought by
Griffin Richard P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,000
Interest Rate
6.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 2, 2001
Sold by
Griffin Richard P
Bought by
Holt Lyn A and Holt Kevin J

Range of Values:

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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
427 Lowell Llc $271,000 None Available
Griffin Richard P -- --
Holt Lyn A $204,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Griffin Richard P $267,000
Previous Owner Griffin Richard P $262,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2023 12/29/23 Sold $390,000 -2.3% $333 / Sq Ft
12/21/2023 12/21/23 Pending -- -- --
12/01/2023 12/01/23 For Sale $399,000 0.0% $341 / Sq Ft
11/14/2023 11/14/23 Pending -- -- --
11/04/2023 11/04/23 For Sale $399,000 0.0% $341 / Sq Ft
10/09/2023 10/09/23 Pending -- -- --
10/07/2023 10/07/23 For Sale $399,000 0.0% $341 / Sq Ft
10/02/2023 10/02/23 Pending -- -- --
09/28/2023 09/28/23 For Sale $399,000 -- $341 / 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 $2,539 $223,900 $206,900 $17,000
2024 $5,097 $438,600 $196,600 $242,000
2023 $4,888 $390,700 $181,600 $209,100
2022 $4,944 $373,100 $175,600 $197,500
2021 $4,644 $336,500 $163,600 $172,900
2020 $4,722 $326,800 $154,600 $172,200
2019 $4,701 $311,300 $146,700 $164,600
2018 $4,509 $293,200 $139,600 $153,600
2017 $4,185 $263,900 $118,000 $145,900
2016 $4,051 $258,500 $112,600 $145,900
2015 $3,935 $239,800 $103,600 $136,200
Source: Public Records

Agents Affiliated with this Home

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Source: MLS Property Information Network (MLS PIN)

MLS Number: 73164357

MLS Property Information Network (MLS PIN)

APN: SALE-000024-000000-000017