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18 Chestnut Street

18 Chestnut Street, Salem, MA 01970
Multifamily in South Salem
18 Chestnut Street in Salem, MA was first built in 1820 and is 206 years old. This has been categorized as a property type. For those interested in architecture, the building on the property was built in a . There are a total of 300 floors. There are a total of 12 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 18 Chestnut Street has 4,258 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 2,858 square feet.

Learn more about the property and building on this page. The home has a style roof made of . Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with control joints. The condition of the building has been evaluated as . The exterior walls of the home are made of . As for heating, the home is utilizing and being fueled with . There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 18 Chestnut Street was last sold in Jan 1, 1970 for $585,000. According to our calculations, that's $137.39 per sqft. Current property owners are expected to pay $1,526,300 in taxes per year. The property on 18 Chestnut Street was last assessed in 2024. As a result of that assessment, the total value of the property was placed at $1,313,500. To break that down further, the land itself was valued at $238,500. While improvements to the property were assessed at a total of $1,075,000. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Waterfront

Beach Front
Oceanfront
Access to Beach

Parking

Off Street Parking

Location

Near Public Transit
Corner Lot

Driveway

Paved Driveway

2 Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20240514
05/14/2024
6 Bed
4 Bath
4258 ft²
$1,850,000
bedrooms
6 Bed
bathrooms
4 Bath
square feet
4258 ft²
$1,725,000 -6.76%
09/05/2024
Michael Selbst
Gibson Sotheby's International Realty
20170618
06/18/2017
7 Bed
3 Bath
4258 ft²
$699,900
bedrooms
7 Bed
bathrooms
3 Bath
square feet
4258 ft²
$585,000 -16.42%
01/17/2018
Paula Pickett
Coldwell Banker Residential Brokerage - Marblehead


Building Info

Overview

    General

  • Year Built: 1820
  • Effective Year Built: 1820
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 300
  • Living Units: 2
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,410
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,858
  • Total Building Area: 4,258
  • Gross Building Area: 5,784
  • Building Area: 4,258
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 4,258
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000066
  • Standard Land Use Code: 1101
  • County Land Use Code: 104

Neighborhood

  • School District Name: Swampscott School District in Nahant (7-12)
  • School Tax School District: SALEM SD
  • Census Tract: 204200

Zoning

  • Zoning: R2

Geography

  • Parcel: SALE M:25 L:0424
  • Lot: 424
  • Municipality: SALEM
  • Latitude: 42.5197
  • Longitude: -70.9006

    Address

  • Full Address: 18 Chestnut St
  • Address - House Number: 18
  • Address - Street Name: Chestnut
  • Address - Suffix Type: St
  • State: MA
  • City Name: Salem
  • Carrier Code: C019
  • 4-Digit Zip Code: 3131
  • Zip Code: 01970

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,526,300

    Appraisal Valuation

  • Standard Deviation: 0.2253
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 68
  • Final Value: 810,149
  • High Value: 992,609
  • Low Value: 627,689

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,313,500
  • Assessed Land Value: $238,500
  • Assessed Improvements Value: $1,075,000

    Sales

  • Current Sale Recording Date: Jan 17, 2018
  • Current Sale Price:
  • Current Sale Document Type: 54
  • Current Sale Input Document Number: 180117001570
Data used for valuation calculations is provided by RealtyHop, and other third party sources

About South Salem



Similar Buildings

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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

Frequently Asked Questions

What neighborhood is 18 Chestnut Street located in?
The 18 Chestnut Street is a multifamily located in the neighborhood of South Salem in South Salem, Salem.
What is the average sales price for listings in 18 Chestnut Street?
The average sales price for units in 18 Chestnut Street is $699,900 , or $164/sqft. currently.