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Salem 01970 South Salem
13 Valley St
$452,000
● House - Off Market

13 Valley St

Salem, MA 01970
bedrooms
4 Beds
bathrooms
3 Baths
square feet
1,762 Ft²
$642,360
RealtyHop Estimate
43.06%
Since Sep 1, 2019
MA-Boston
Primary Model

About This Property

Welcome Home to Witchcraft Heights! Move right in to this charming cape and add your finishing touches to make it your own! First floor features a sun-splashed living room with gleaming hardwood floors, open dining room, large kitchen, and first floor bedroom! Second floor hosts two more bedrooms and a full bath. Finished lower level provides options for a 4th bedroom or office, plus more living space in a game room, family room, or workout room, accompanied by another full bath. Large lot with a level yard makes this home perfect for your summer cookouts. Storage is at a premium in either the basement or attic. For the cold winter months, this home offers an attached garage. Come see all this home has to offer!
Unit Size
1,762 Ft²
Days on Market
-
Land Size
0.33 acres
Price per sqft
$255
Property Type
House
Property Taxes
$489
HOA Dues
-
Year Built
1941

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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 #72520661)

Price History

Date / Event Date Event Price
Aug 27, 2019 Sold
Premium
Sold
Jun 18, 2019 Listed by Keller Williams Realty Evolution $449,000
Listed by Keller Williams Realty Evolution
Sep 30, 1997 Sold
Premium
Sold
Aug 12, 1997 Listed by Keller Williams Realty Evolution $169,900
Listed by Keller Williams Realty Evolution

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1941
  • Effective Year Built: 1941
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 975
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,536
  • Total Building Area: 1,421
  • Gross Building Area: 3,473
  • Building Area: 1,421
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,421
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000334
  • 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: 204702

Zoning

  • Zoning: R1

Geography

  • Parcel: SALE M:14 L:0236
  • Lot: 236
  • Municipality: SALEM
  • Latitude: 42.5096
  • Longitude: -70.9129

    Address

  • Full Address: 13 Valley St
  • Address - House Number: 13
  • Address - Street Name: Valley
  • Address - Suffix Type: St
  • State: MA
  • City Name: Salem
  • Carrier Code: C098
  • 4-Digit Zip Code: 1925
  • Zip Code: 01970

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $694,500

    Appraisal Valuation

  • Standard Deviation: 0.1786
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 656,675
  • High Value: 773,936
  • Low Value: 539,415

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $597,700
  • Assessed Land Value: $248,900
  • Assessed Improvements Value: $348,800

    Sales

  • Current Sale Contract Date: Jan 14, 2019
  • Current Sale Recording Date: Aug 27, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20190827003260
  • Previous Sale Recording Date: Sep 30, 1997
  • Previous Sale Amount: $169,900
  • 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

$369

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2104 ft²

Average Home Age

84 years

Currently For Sale

39 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

Unit for rent at 160 Federal St, Salem, MA, 01970

$1,725 /mo

  • 1 Bed
  • 1 Bath
160 Federal St, Salem, MA, 01970 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72520661

Frequently Asked Questions

When was property at 13 Valley Street built and last sold?
The property at 13 Valley Street was built in 1941 and last sold on Jan 14, 2019 for $452,000.
How much is this home worth?
The estimated value of the home located at 13 Valley Street is $460,368.
What are some comparable homes to 13 Valley Street?
There are currently no comparable homes to 13 Valley Street.
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