See Home Value
$630,000
● House - Off Market

2 Orchard Ter

Salem, MA 01970
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,308 Ft²
$568,993
RealtyHop Estimate
-1.04%
Since Oct 1, 2023
MA-Boston
Primary Model

About This Property

Imagine driving along the North River and turning off Dearborn St to find this charming 1950's Cape, with its romantic street appeal with multi-gable roof & mature plantings on a large level corner lot. Inside, a gracious room arrangement with windows all around...a spacious updated kitchen with plenty of room to spread-out, open to large dining room with views of the native pollinator garden. The Living Room provides easy access to the entertainment-sized deck, overlooking the sunny yard with a storage shed and a place to store kayaks if you have a hankering to enjoy the nearby water. Rounding out the first floor is a corner bedroom & full bath.  Upstairs is the main bedroom (large enough to comfortably fit a king-sized bed), an office, and a walk-in closet.  Orchard Terrace is a lovely dead end-street with only a handful of houses, where the neighbors know and look-out for one another.  Minutes from the North River, train station, and the restaurants and buzz of downtown Salem.
Unit Size
1,308 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$440
Property Type
House
Property Taxes
$488
HOA Dues
-
Year Built
1950

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Last updated: 4 months ago (MLSPIN #73148773)

Price History

Date / Event Date Event Price
Sep 22, 2023 Sold
Sold
Aug 25, 2023 In contract -
In contract
Aug 15, 2023 Listed by Gibson Sotheby's International Realty $575,000
Listed by Gibson Sotheby's International Realty
Jul 25, 2018 Sold
Sold
May 23, 2018 Listed by Gibson Sotheby's International Realty $369,900
Listed by Gibson Sotheby's International Realty
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Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • 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: 600
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,948
  • Total Building Area: 1,172
  • Gross Building Area: 2,324
  • Building Area: 1,172
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,172
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ARTHUR E & GRACE E BURKE
  • Land Acres: 0000000114
  • 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: 204600

Zoning

  • Zoning: R1

Geography

  • Parcel: SALE M:27 L:0398
  • Lot: 398
  • Municipality: SALEM
  • Latitude: 42.5305
  • Longitude: -70.9002

    Address

  • Full Address: 2 Orchard Ter
  • Address - House Number: 2
  • Address - Street Name: Orchard
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Salem
  • Carrier Code: C027
  • 4-Digit Zip Code: 2407
  • Zip Code: 01970

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $603,300

    Appraisal Valuation

  • Standard Deviation: 0.1651
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 79
  • Final Value: 624,183
  • High Value: 727,257
  • Low Value: 521,109

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $519,200
  • Assessed Land Value: $194,800
  • Assessed Improvements Value: $324,400

    Sales

  • Current Sale Contract Date: Sep 22, 2023
  • Current Sale Recording Date: Sep 22, 2023
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 20230922002670
  • Previous Sale Recording Date: Jul 25, 2018
  • Previous Sale Amount: $405,000
  • Previous Sale Document Type: O
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

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

About North Salem


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


Frequently Asked Questions

When was property at 2 Orchard Terrace built and last sold?
The property at 2 Orchard Terrace was built in 1950 and last sold on Sep 22, 2023 for $630,000.
How much is this home worth?
The estimated value of the home located at 2 Orchard Terrace is $571,484.
What are some comparable homes to 2 Orchard Terrace?
There are currently no comparable homes to 2 Orchard Terrace.