See Home Value
$245,000
● House - Off Market

7 Lyme Street

Salem, MA 01970
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,496 Ft²
$442,724
RealtyHop Estimate
73.62%
Since Sep 1, 2015
MA-Boston
Primary Model

About This Property

Move right into this charming Second Empire style home in a great Salem location.  Walk to the commuter train, restaurants, parks, grocery stores and more.  The first floor features a recently updated large eat in kitchen and a large dining room with hardwood floors and china cabinet.  Adjacent to the dining room is a large front to back living room.  This first floor is enhanced by features like high ceilings, lots of windows and an updated full bath.  The second floor has a large master bedroom with a ceiling fan, hardwood floors and 2 closets.  Two more bedrooms round out the second floor both with hardwood floors and closets.  Relax outside in the partially fenced yard with gazebo.  Finally, this wonderful home boasts a gutter leaf system, newer heating system and vinyl replacement windows amongst other great updates.
Unit Size
1,496 Ft²
Days on Market
-
Land Size
0.07 acres
Price per sqft
$170
Property Type
House
Property Taxes
$255
HOA Dues
-
Year Built
1870

Payment Calculator

Cap Rate Calculator

Last updated: 5 months ago (MLSPIN #71805860)

Price History

Date / Event Date Event Price
Aug 31, 2015 Sold
Sold
Mar 24, 2015 Listed by J. Barrett & Company $255,000
Listed by J. Barrett & Company
May 6, 2011 Sold
Sold
Feb 18, 2011 Listed by J. Barrett & Company $179,900
Listed by J. Barrett & Company

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1870
  • Effective Year Built: 1870
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 11
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 897
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,158
  • Total Building Area: 1,496
  • Gross Building Area: 2,474
  • Building Area: 1,496
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,496
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: IDA M SPEAREL
  • Land Acres: 0000000072
  • 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: 204200

Zoning

  • Zoning: R2

Geography

  • Parcel: SALE M:34 L:0011
  • Lot: 11
  • Municipality: SALEM
  • Latitude: 42.5139
  • Longitude: -70.8955

    Address

  • Full Address: 7 Lyme St
  • Address - House Number: 7
  • Address - Street Name: Lyme
  • Address - Suffix Type: St
  • State: MA
  • City Name: Salem
  • Carrier Code: C010
  • 4-Digit Zip Code: 4817
  • Zip Code: 01970

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $484,800
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.0799
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 94
  • Final Value: 335,833
  • High Value: 362,796
  • Low Value: 308,869

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $417,200
  • Assessed Land Value: $154,500
  • Assessed Improvements Value: $262,700

    Sales

  • Current Sale Recording Date: Aug 31, 2015
  • Current Sale Price:
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 227
  • Previous Sale Recording Date: May 06, 2011
  • Previous Sale Amount: $180,000
  • Previous Sale Document Type: 27
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 7 Lyme Street built and last sold?
The property at 7 Lyme Street was built in 1870 and last sold on Jan 1, 1970 for $245,000.
How much is this home worth?
The estimated value of the home located at 7 Lyme Street is $270,520.
What are some comparable homes to 7 Lyme Street?
There are currently no comparable homes to 7 Lyme Street.