Check Availability

247 Jefferson Avenue

247 Jefferson Avenue, Salem, MA 01970
Commercial in South Salem
Local assessors in Salem, MA have categorized 247 Jefferson Avenue as a type of property. The home was built in 1925 and is 101 years old. The property's lot size has been calculated to be 2,975 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 4 rooms in the home. Of these, 2 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 is one full bathroom. There are also 2 partial bathrooms. This is a 200 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 247 Jefferson Avenue has a total of 2,232 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 . 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 control joints. The building has a style roof that was made of . Lots of were used in the construction of the exterior walls of the home. The home's is the primary heating source and it is being fueled with . 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, 247 Jefferson Avenue sold most recently in Mar 1, 2021 for a total of $500,000. If you work out the math, that's approximately a cost of $224.01 per sqft. 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 $633,300 in taxes each year. 247 Jefferson Avenue was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $557,800. If we break it down further, the land itself was valued at $252,900. Improvements to the property, however, were assessed at a total of $304,900. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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

Accessibility

ADA Access

Location

Near Public Transit
Corner Lot

Facilities

Laundry Room

Swimming Pool

Above Ground Pool

2 Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20201203
12/03/2020
Loft
2 Bath
2232 ft²
$529,900
bedrooms
Loft
bathrooms
2 Bath
square feet
2232 ft²
$500,000 -5.64%
03/02/2021
Armando Vranari
ALB Realty
20060426
04/26/2006
3 Bed
1 Bath
2232 ft²
$254,900
bedrooms
3 Bed
bathrooms
1 Bath
square feet
2232 ft²
$290,050 +13.79%
06/30/2006
Elizabeth Belkin
Conway - Swampscott


Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 6
  • Roof Cover Type: 14
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,116
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,975
  • Total Building Area: 2,232
  • Gross Building Area: 3,504
  • Building Area: 2,232
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,232
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: C
  • Land Acres: 0000000068
  • Standard Land Use Code: 2044
  • County Land Use Code: 013

Neighborhood

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

Zoning

  • Zoning: B1

Geography

  • Parcel: SALE M:24 L:0164
  • Lot: 164
  • Municipality: SALEM
  • Latitude: 42.5066
  • Longitude: -70.9013

    Address

  • Full Address: 247 Jefferson Ave
  • Address - House Number: 247
  • Address - Street Name: Jefferson
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Salem
  • Carrier Code: C037
  • 4-Digit Zip Code: 2836
  • Zip Code: 01970

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $633,300

    Appraisal Valuation

  • Standard Deviation: 0.1786
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 79
  • Final Value: 644,780
  • High Value: 751,256
  • Low Value: 538,305

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $557,800
  • Assessed Land Value: $252,900
  • Assessed Improvements Value: $304,900

    Sales

  • Current Sale Contract Date: Mar 01, 2021
  • Current Sale Recording Date: Mar 02, 2021
  • Current Sale Price:
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20210302001730
Data used for valuation calculations is provided by RealtyHop, and other third party sources

About South Salem



Similar Buildings

Currently no similar buildings 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

What neighborhood is 247 Jefferson Avenue located in?
The 247 Jefferson Avenue is a commercial located in the neighborhood of South Salem in South Salem, Salem.
What is the average sales price for listings in 247 Jefferson Avenue?
The average sales price for units in 247 Jefferson Avenue is $529,900 , or $237/sqft. currently.