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Salem 01970 South Salem
12 Clark Ave
Photo of 12 Clark Ave
Sold on Mar 19, 2010

1

Map

$394,000
● House - Off Market

12 Clark Ave

Salem, MA 01970
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,304 Ft²
$852,705
RealtyHop Estimate
108.49%
Since Apr 1, 2010
MA-Boston
Primary Model

About This Property

Need space? Built in 93 this oversize traditional style builder/owner's home has 4 bdrms, 2.5 bths,& a 2car garage on nearly an acre! Has large rooms, eat-in kit, pull down stair to attic storage, 8' high full dry basement,Anderson wndws,& is well insulated. Vinyl sided in 01 & new water heater in 06. View expansive bkyrd & wildlife from your kit,relaxing in your fireplaced fam rm, or on your 17x22 deck. Sep.meter lawnsprinkler,10x16 shed,gazebo,stream & close to all conveniences!
Unit Size
2,304 Ft²
Days on Market
-
Land Size
0.68 acres
Price per sqft
$178
Property Type
House
Property Taxes
$455
HOA Dues
-
Year Built
1993

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 5 months ago (MLSPIN #70999018)

Price History

Date / Event Date Event Price
Mar 19, 2010 Sold
Premium
Sold
Nov 7, 2009 Listed $409,000
Listed
Feb 21, 1990 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,152
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 29,651
  • Total Building Area: 2,304
  • Gross Building Area: 5,304
  • Building Area: 2,304
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 2
  • Heated Square Feet: 2,304
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000681
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Salem School District
  • School Tax School District: SALEM SD
  • Census Tract: 204701

Zoning

  • Zoning: R1

Geography

  • Parcel: SALE M:02 L:0041
  • Lot: 41
  • Municipality: SALEM
  • Latitude: 42.493
  • Longitude: -70.9316

    Address

  • Full Address: 12 Clark Ave
  • Address - House Number: 12
  • Address - Street Name: Clark
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Salem
  • Carrier Code: C030
  • 4-Digit Zip Code: 1718
  • Zip Code: 01970

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $763,300

    Appraisal Valuation

  • Standard Deviation: 0.1521
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 81
  • Final Value: 753,186
  • High Value: 867,786
  • Low Value: 638,585

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $656,900
  • Assessed Land Value: $227,700
  • Assessed Improvements Value: $429,200

    Sales

  • Current Sale Recording Date: Mar 19, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 48
  • Current Sale Input Document Number: 507904
  • Previous Sale Recording Date: Feb 21, 1990
  • Previous Sale Amount: $80,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About South Salem

Stats & Trends

Median Asking:

$619,000

Sale Price/ft²

$368

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2132 ft²

Average Home Age

92.5 years

Currently For Sale

37 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 70999018

Frequently Asked Questions

When was property at 12 Clark Avenue built and last sold?
The property at 12 Clark Avenue was built in 1993 and last sold on Jan 1, 1970 for $394,000.
How much is this home worth?
The estimated value of the home located at 12 Clark Avenue is $434,478.
What are some comparable homes to 12 Clark Avenue?
There are currently no comparable homes to 12 Clark Avenue.
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