14 Lathrop St, Salem MA 01970
Salem, MA 01970 • Salem Neck
$350,000
Est. $1,863/month
About this home
Salem Neck area. 2 family located on side street. Unit 1 is 2 bedroom and unit 2 is townhouse style. separate utilities. On street parking. building in need of rehab. Near Collins Cove, train station and Salem Commons. The heating systems are only 3-4 years old. This will have great potential after it is updated.
Sale Statistics
Sale Overview
Original List Price:
$450,000
Final Sale Price:
$350,000
Difference:
$100,000 (-22.2%)
Performance Metrics
77.8%
List to Sale Ratio
Sold below asking price
2
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft:
$239
Sale $/sq ft:
$186
This property sold for $186 per square foot
Sale Summary
This property sold for 22.2% below the original asking price.
With only 2 days on market, this was a quick sale compared to typical market conditions.
Facts & Features
Property Overview
Property Type
Multi Family
Property Category
Residential Income
Year Built
1850
Bedrooms
4
Full Bathrooms
3
Living Area
1,883 sq ft
Total Rooms
10
Stories
3
Levels
3
Interior Features
Heating
Forced Air, Natural Gas
Has Heating
Yes
Cooling
None
Has Cooling
No
Has Fireplace
No
Appliances
Range, Refrigerator
Interior Features
Living Room, Dining Room, Kitchen
Basement Details
Full
Exterior & Structure
Construction Materials
Frame
Roof
Shingle
Foundation
Stone
Exterior Features
Balcony/Deck
Patio/Porch Features
Deck
Fencing
Fenced/Enclosed
Has Spa
No
Waterfront Features
Bay, 1/10 to 3/10 To Beach, Beach Ownership(Public)
Waterfront Property
No
Lot & Land
Lot Size
0.05 acres
Lot Size
2,108 sq ft
Lot Size Area
0.0500
Road Surface Type
Paved
Road Frontage Type
Public
Parking & Garage
Has Garage
No
Parking Features
On Street
Utilities & Systems
Utilities Available
for Electric Oven
Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers
Community & HOA
Community Features
Public Transportation, Park, Walk/Jog Trails, Laundromat, House of Worship, Public School, T-Station, Sidewalks
Senior Community
No
Financial & Tax Information
Annual Tax Amount
$4,360
Tax Year
2023
Tax Assessed Value
$348,500
Tax Lot
0000
Tax Block
0334
Tax Map Number
0036
Parcel Number
360334000,2137467
Zoning
R-2
Additional Details
Year Built Source
Public Records
Year Built Details
Approximate
Disclosures
Seller has never lived in property
Location
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Neighborhood
Salem Neck
14 Lathrop St, Salem MA 01970
Salem, MA 01970
Walkability
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Schools
School information not available
Monthly Payment Calculator
%
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Estimated Monthly Payment
$0
Payment Breakdown
Principal & Interest
$0
Property Tax
$363
Homeowners Insurance
$200
PMI
$0
Property History
Market Insights
22.2%
Price Range
5
Total Days on Market
Property Timeline
Sold
Nov 16, 2023
$350,000
Property sold
Days on Market: 5
Listed for Sale
Aug 21, 2023
$450,000
Original listing
Office: Sara Fishbane Real Estate
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 11/16/2023 | ✓ Sold | $350,000 | - | - | Property sold |
| 08/21/2023 | 🏠 Listed for Sale | $450,000 | - | - | Original listing |