First showings at this Saturday and Sunday's Open Houses from 11am -1pm Spacious three family home, ideal North Salem location close to commuter rail and downtown. High ceilings with plenty of sunlight on each floor. Separate utilities with plenty of off street parking. Outside decks on first and second floors. There is a 4 car garage. Owner occupied since the 1970's. There are two vacant apartments and one currently occupied by a long term A+ tenant, renting month to month at will. Large basement with high ceilings, laundry area and plenty of storage space. This is a "Don't miss" opportunity for owner occupied or investment. All offers will be reviewed on Tuesday 12/12 at noontime.
Sale Statistics
Sale Overview
Original List Price:$985,000
Final Sale Price:$1,050,000
Difference:
+$65,000 (+6.6%)
Performance Metrics
106.6%
List to Sale Ratio
Sold above asking price
19
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft:$239
Sale $/sq ft:$255
This property sold for $255 per square foot
Sale Summary
This property sold for 6.6% above the original asking price, indicating strong buyer demand.
With only 19 days on market, this was a quick sale compared to typical market conditions.
Pantry, Bathroom With Tub, Ceiling Fan(s), Living Room, Dining Room, Kitchen
Basement Details
Full, Interior Entry, Bulkhead, Concrete
Exterior & Structure
Foundation
Granite
Exterior Features
Balcony/Deck, Rain Gutters
Patio/Porch Features
Deck
Fencing
Fenced/Enclosed, Fenced
Has Spa
No
Waterfront Features
Ocean, 1 to 2 Mile To Beach
Waterfront Property
No
Lot & Land
Lot Size
0.15 acres
Lot Size
6,399 sq ft
Lot Size Area
0.1500
Road Frontage Type
Public
Parking & Garage
Garage Spaces
4
Has Garage
Yes
Total Non-Garage Parking Spaces
6
Parking Features
Off Street, Assigned
Covered Parking Spaces
4
Utilities & Systems
Water Source
Public
Sewer
Public Sewer
Community & HOA
Senior Community
No
Financial & Tax Information
Annual Tax Amount
$9,828
Tax Year
2023
Tax Assessed Value
$785,600
Parcel Number
M:27 L:0297,2133271
Zoning
B
Additional Details
Year Built Source
Public Records
Year Built Details
Actual
Disclosures
Estate Sale-sold "as is" Buyers and Buyers Agent responsible for all due diligence, seller and list agent make no representations or warranties. 3rd floor could have a bedroom instead of living room.
Location
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Neighborhood
4 Dearborn 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$819
Homeowners Insurance$200
PMI$0
Property History
Market Insights
6.2%
Price Range
21
Total Days on Market
Property Timeline
✓
Sold
Jan 26, 2024
$1,050,000
Property sold
Days on Market: 21
🏠
Listed for Sale
Dec 6, 2023
$985,000
Original listing
Agent: Philip DennesenOffice: Keller Williams Realty Evolution
