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4 Hanson Street

4 Hanson Street, Salem, MA 01970
Multifamily in South Salem
4 Hanson Street in Salem, MA was first built in 1853 and is 171 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a duplex style. There are a total of 2 floors. There are a total of 8 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 4 Hanson Street has 1,472 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 1,477 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of asphalt. 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 frame control joints. The condition of the building has been evaluated as average. The exterior walls of the home are made of asbestos shingle. As for heating, the home is utilizing a forced air unit and being fueled with gas. 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, 4 Hanson Street sold most recently in Apr 21, 2021 for a total of $487,000. If you work out the math, that's approximately a cost of $330.84 per sqft. Before that, the property was also sold for $400,000 in Mar 21, 2019. 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 $5,712 in taxes each year. 4 Hanson Street was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $491,600. If we break it down further, the land itself was valued at $177,800. Improvements to the property, however, were assessed at a total of $313,800. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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

Parking

On-Street Parking
Permit Parking

Location

Near Public Transit

Facilities

Laundry Room

Condition

Level Lot
This property description is generated based on publicly available data.

3 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210301
03/01/2021
4 Bed
2 Bath
-
$449,900
bedrooms
4 Bed
bathrooms
2 Bath
$487,000 +8.25%
04/21/2021
Peter Lutts
Cameron Prestige, LLC
20200203
02/03/2020
4 Bed
2 Bath
1475 ft²
$439,000
bedrooms
4 Bed
bathrooms
2 Bath
square feet
1475 ft²
-
-
-
-
20181112
11/12/2018
4 Bed
2 Bath
-
$405,000
bedrooms
4 Bed
bathrooms
2 Bath
$405,000
03/28/2019
-
Herrick Lutts Realty Partners
Herrick Lutts Realty Partners

Building Info

Overview

    General

  • Year Built: 1853
  • Effective Year Built: 1853
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Duplex
  • Exterior Walls Type: Asbestos shingle
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 2
  • Basement Type: Unfinished basement
  • Basement Area: 736
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,477
  • Total Building Area: 1,472
  • Gross Building Area: 2,604
  • Building Area: 1,472
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,472
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.034
  • Standard Land Use Code: Duplex (2 units, any combination)

Ownership

  • Current Owner : BARALT ALEJANDRA L
  • Current Owner 2: LOPEZ DANIEL
  • Previous Owner : ZOLOTAS NICHOLAS
  • Owner Before Previous Owner: LEBLANC 2014 FT
  • Owner Before Previous Owner 2: LEBLANC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Et al (and others)

Neighborhood

  • School District Name: Salem School District
  • School Tax School District: SALEM SD
  • Census Tract: 204702

Zoning

  • Zoning: R2

Geography

  • Parcel: SALE M:15 L:0216
  • Lot: 216
  • Municipality: SALEM
  • Latitude: 42.5199
  • Longitude: -70.9116

    Address

  • Full Address: 4 Hanson St
  • Address - House Number: 4
  • Address - Street Name: Hanson
  • Address - Suffix Type: St
  • State: MA
  • City Name: Salem
  • Carrier Code: C036
  • 4-Digit Zip Code: 1311
  • Zip Code: 01970

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $5,712

    Appraisal Valuation

  • Standard Deviation: 0.2204
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 69
  • Final Value: 567,330
  • High Value: 692,344
  • Low Value: 442,317

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $478,179
  • First Open Lien Mortgage Lender: TOTAL MORTGAGE SERVICES LLC
  • First Open Lien Mortgage Recording Date: Apr 21, 2021
  • First Open Lien Mortgage Loan Amount: $478,179
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Apr 21, 2051

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $491,600
  • Assessed Land Value: $177,800
  • Assessed Improvements Value: $313,800

    Sales

  • Current Sale Contract Date: Apr 21, 2021
  • Current Sale Recording Date: Apr 21, 2021
  • Current Sale Transaction ID: 11833117537
  • Current Sale Price: $487,000
  • Current Sale Document Type: Quit Claim Deed (arm's length)
  • Current Sale Input Document Number: 20210421003410
  • Previous Sale Recording Date: Mar 28, 2019
  • Previous Sale Contract Date: Mar 21, 2019
  • Previous Sale Amount: $400,000
  • Previous Sale Document Type: Quit Claim Deed (arm's length)

    Last Sale Mortgage

  • First Mortgage Lender: TOTAL MORTGAGE SERVICES LLC
  • First Mortgage Transaction Date: Apr 21, 2021
  • First Mortgage Loan Amount: $478,179
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

    Previous Mortgages

  • Previous Mortgage Lender: CROSSCOUNTRY MORTGAGE INC
  • Previous Mortgage Transaction Date: Mar 28, 2019
  • Previous Mortgage Loan Amount: $386,650
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA

About South Salem



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Frequently Asked Questions

What neighborhood is 4 Hanson Street located in?
The 4 Hanson Street is a multifamily located in the neighborhood of South Salem in South Salem, Salem.
What is the average sales price for listings in 4 Hanson Street?
The average sales price for units in 4 Hanson Street is $449,900 currently.

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