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51 Larchmont Road

51 Larchmont Road, Salem, MA 01970
Property in North Salem
Sold Jul 17, 2003
$351,000
$251,384 by Citibank Na
Mortgage Due Jan 01, 2033
51 Larchmont Road has been categorized by the local assessors in Salem, MA as a residential type of property. The building on the property was first built in 1950 and is 74 years old. The home has a total of 8 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 51 Larchmont Road has 1,872 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 4,744 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a colonial style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The building has a gable style roof made of asphalt. The exterior walls of the building are made of alum/vinyl siding. In terms of heating, it is utilizing a steam heating system and being fueled with oil. There is a single fireplace in the home. Perfect for those wintery nights. 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, 51 Larchmont Road sold most recently in Jan 1, 1970 for a total of $351,000. If you work out the math, that's approximately a cost of $187.50 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 $6,862 in taxes each year. 51 Larchmont Road was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $590,500. If we break it down further, the land itself was valued at $199,700. Improvements to the property, however, were assessed at a total of $390,800. The property's total assessed value has been marked as more than the total market value which is pretty atypical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Colonial
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 916
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,744
  • Total Building Area: 1,872
  • Gross Building Area: 3,054
  • Building Area: 1,872
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Steam
  • Heated Square Feet: 1,872
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.109
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : BARRETT GARY M
  • Current Owner 2: BARRETT LYNNE F
  • Previous Owner : MURPHY EILEEN M EST
  • Is Owner Occupied: Owner-occupied property

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:0525
  • Lot: 525
  • Municipality: SALEM
  • Latitude: 42.5328
  • Longitude: -70.9007

    Address

  • Full Address: 51 Larchmont Rd
  • Address - House Number: 51
  • Address - Street Name: Larchmont
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Salem
  • Carrier Code: C027
  • 4-Digit Zip Code: 2419
  • Zip Code: 01970

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $6,862

    Appraisal Valuation

  • Standard Deviation: 0.2048
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 686,835
  • High Value: 803,028
  • Low Value: 570,641

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $251,384
  • First Open Lien Mortgage Lender: CITIBANK NA
  • First Open Lien Mortgage Recording Date: Jan 23, 2014
  • First Open Lien Mortgage Loan Amount: $251,384
  • First Open Lien Mortgage Term: 227
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2033

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $590,500
  • Assessed Land Value: $199,700
  • Assessed Improvements Value: $390,800

    Sales

  • Current Sale Recording Date: Jul 17, 2003
  • Current Sale Transaction ID: 1183447108
  • Current Sale Price: $351,000
  • Current Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: NE MOVES MORTGAGE CO
  • First Mortgage Transaction Date: Jul 17, 2003
  • First Mortgage Loan Amount: $305,000
  • First Mortgage Loan Type: Purchase Money Mortgage

About North Salem



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Frequently Asked Questions

What neighborhood is 51 Larchmont Road located in?
The 51 Larchmont Road is a located in the neighborhood of North Salem in North Salem, Salem.
What is the average sales price for listings in 51 Larchmont Road?
The average sales price for units in 51 Larchmont Road is $0 currently.

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