See Home Value
$540,000
● House - Off Market

5 Purchase Street

Salem, MA 01970
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,463 Ft²
$696,931
RealtyHop Estimate
32.75%
Since Sep 1, 2020
MA-Boston
Primary Model

About This Property

Stepping past the white picket fence & through the leafy arbor, this cheerful New England classic awaits. Built at the turn of the last century, this spacious home enjoys delightful flow for everyday living & entertaining, indoors & out. The bay-windowed living room opens to the large dining room/family room with glass sliding doors that open to the large deck. Anchoring the balance of the 1st fl is the large EIK with oak cabinetry, recessed lighting, ceramic tile floors & gas stove. The 2nd fl features three comfortably proportioned BRs & a full bath. The 3rd fl walk-up presents the opportunity to create a true master suite. The finished lower level with full bath offers space for retreat or simply to spread out – home office, gym, media room, play room? The expansive, level yard is fully fenced & features the perfect mix of open sunny space & shade from a grand maple tree. Just 0.3mi to Gallows Hill Park & 1mi to downtown Salem & the commuter rail. A special spot to call home.
Unit Size
2,463 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$213
Property Type
House
Property Taxes
$540
HOA Dues
-
Year Built
1905

Payment Calculator

Cap Rate Calculator

Last updated: 4 months ago (MLSPIN #72671340)

Price History

Date / Event Date Event Price
Aug 6, 2020 Sold
Sold
Jun 10, 2020 Listed by Coldwell Banker Residential Brokerage - Cambridge $525,000
Listed by Coldwell Banker Residential Brokerage - Cambridge
May 26, 2016 Sold
Sold
Apr 21, 2016 Listed by Coldwell Banker Residential Brokerage - Cambridge $439,000
Listed by Coldwell Banker Residential Brokerage - Cambridge
Jul 12, 2007 Sold
Sold
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1905
  • Effective Year Built: 1905
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 848
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,002
  • Total Building Area: 2,124
  • Gross Building Area: 3,746
  • Building Area: 2,124
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,124
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WALTON ESTATE
  • Land Acres: 0000000184
  • 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:15 L:0131
  • Lot: 131
  • Municipality: SALEM
  • Latitude: 42.5201
  • Longitude: -70.9166

    Address

  • Full Address: 5 Purchase St
  • Address - House Number: 5
  • Address - Street Name: Purchase
  • Address - Suffix Type: St
  • State: MA
  • City Name: Salem
  • Carrier Code: C038
  • 4-Digit Zip Code: 1330
  • Zip Code: 01970

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $748,700

    Appraisal Valuation

  • Standard Deviation: 0.1588
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 720,968
  • High Value: 846,108
  • Low Value: 595,829

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $644,300
  • Assessed Land Value: $209,600
  • Assessed Improvements Value: $434,700

    Sales

  • Current Sale Contract Date: Jul 31, 2020
  • Current Sale Recording Date: Aug 06, 2020
  • Current Sale Price:
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20200806002430
  • Previous Sale Recording Date: May 26, 2016
  • Previous Sale Amount: $439,000
  • 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 South 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 5 Purchase Street built and last sold?
The property at 5 Purchase Street was built in 1905 and last sold on Jul 31, 2020 for $540,000.
How much is this home worth?
The estimated value of the home located at 5 Purchase Street is $549,796.
What are some comparable homes to 5 Purchase Street?
There are currently no comparable homes to 5 Purchase Street.