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10 Abbott Street

10 Abbott Street, Salem, MA 01970
Property in South Salem
Sold May 31, 2012
$259,750
$194,000 by Lowell Cooperative Bank
Mortgage Due May 31, 2032
Sold Jun 14, 1996
$156,000
$124,800 by Union Trust Mtg Corp
Mortgage
Local assessors in Salem, MA have categorized 10 Abbott Street as a residential type of property. The home was built in 1915 and is 109 years old. The property's lot size has been calculated to be 3,825 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a duplex style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 10 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 3 partial bathrooms. This is a 3 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 10 Abbott Street has a total of 3,282 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Moving onto specific details regarding the building. Our sources show that the building condition is good. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. The building has a gable style roof that was made of asphalt. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. The home's a hot water heating system is the primary heating source and it is being fueled with oil. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 10 Abbott Street sold most recently in Jan 1, 1970 for a total of $259,750. If you work out the math, that's approximately a cost of $79.14 per sqft. Before that, the property was also sold for $156,000 in Jan 1, 1970. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $8,834 in taxes each year. 10 Abbott Street was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $760,200. If we break it down further, the land itself was valued at $189,300. Improvements to the property, however, were assessed at a total of $570,900. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Parking

Off Street Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1915
  • Effective Year Built: 1915
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Construction Type: Frame
  • Building Style: Duplex
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 3
  • Living Units: 2
  • Basement Type: Unfinished basement
  • Basement Area: 1,066
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,825
  • Total Building Area: 3,282
  • Gross Building Area: 4,553
  • Building Area: 3,282
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 3,282
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: INTERVALE
  • Land Acres: 0.088
  • Standard Land Use Code: Duplex (2 units, any combination)

Ownership

  • Current Owner : SHERAJ ALEKSANDER
  • Current Owner 2: SHERAJ ARSEN
  • Previous Owner : THOMAS EUGENE
  • Previous Owner 2: THOMAS SHELLY M
  • Owner Before Previous Owner: CROSBY KATHI
  • Owner Before Previous Owner 2: CROSBY JAMES
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Salem School District
  • School Tax School District: SALEM SD
  • Census Tract: 204702

Zoning

  • Zoning: R1

Geography

  • Parcel: SALE M:16 L:0002
  • Lot: 2
  • Municipality: SALEM
  • Latitude: 42.5206
  • Longitude: -70.9196

    Address

  • Full Address: 10 Abbott St
  • Address - House Number: 10
  • Address - Street Name: Abbott
  • Address - Suffix Type: St
  • State: MA
  • City Name: Salem
  • Carrier Code: C038
  • 4-Digit Zip Code: 1102
  • Zip Code: 01970

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $8,834

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 858,740
  • High Value: 994,382
  • Low Value: 723,099

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $194,000
  • First Open Lien Mortgage Lender: LOWELL COOPERATIVE BANK
  • First Open Lien Mortgage Recording Date: May 31, 2012
  • First Open Lien Mortgage Loan Amount: $194,000
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 31, 2032

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $760,200
  • Assessed Land Value: $189,300
  • Assessed Improvements Value: $570,900

    Sales

  • Current Sale Recording Date: May 31, 2012
  • Current Sale Transaction ID: 1101801606
  • Current Sale Price: $259,750
  • Current Sale Document Type: Quit Claim Deed (arm's length)
  • Previous Sale Recording Date: Jun 14, 1996
  • Previous Sale Amount: $156,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: LOWELL COOPERATIVE BANK
  • First Mortgage Transaction Date: May 31, 2012
  • First Mortgage Loan Amount: $194,000
  • First Mortgage Terms: 240
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 31, 2032

    Previous Mortgages

  • Previous Mortgage Lender: UNION TRUST MTG CORP
  • Previous Mortgage Transaction Date: Jun 14, 1996
  • Previous Mortgage Loan Amount: $124,800
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About South Salem



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Frequently Asked Questions

What neighborhood is 10 Abbott Street located in?
The 10 Abbott Street is a located in the neighborhood of South Salem in South Salem, Salem.
What is the average sales price for listings in 10 Abbott Street?
The average sales price for units in 10 Abbott Street is $0 currently.

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