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88 School Street

88 School Street, Salem, NH 03079
Property in Salem
Sold May 31, 2016
$320,000
$256,000 by Newburyport Five Cents Savings
Mortgage Due May 31, 2046
Sold Apr 23, 2004
$186,000
$183,106 by Mortgage Trust Group
Mortgage
88 School Street has been categorized by the local assessors in Salem, NH as a residential type of property. The building on the property was first built in 1920 and is 104 years old. The home has a total of 7 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 88 School Street has 2,422 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 25,700 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional 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. For the features and amenities located on the property. There is a garage for those who require parking. Moving on to the building itself. The condition of the building has been evaluated as average. The building has a gable style roof made of asphalt. The exterior walls of the building are made of alum/vinyl siding. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with oil. The property was last sold in Jan 1, 1970 for $320,000. That's $132.12 per sqft. Prior to that sales transaction, the property was also sold in Jan 1, 1970 for $186,000. 88 School Street was last assessed in 2022. The total value of the property was assessed at $422,800. Specifically, the land the property is located on was valued at $163,700. While improvements on the property were assessed at a total of $259,100. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $6,786. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Parking

Detached Garage
Off Street Parking

Swimming Pool

Above Ground Pool

Condition

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

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Style: Conventional
  • 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: 1,276
  • Garage Type: Garage
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 25,700
  • Total Building Area: 2,422
  • Gross Building Area: 4,569
  • Building Area: 2,422
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,422
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.59
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : ROCK DEVIN A
  • Current Owner 2: ROCK KATE L
  • Previous Owner : MAJOR ERIC L
  • Previous Owner 2: MAJOR ERIN P
  • Owner Before Previous Owner: FRANCES ACKERMAN T M
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Salem School District
  • School Tax School District: SALEM
  • Census Tract: 100200

Zoning

  • Zoning: RES

Geography

  • Parcel: SLEM M:74 B:10734 L:
  • Block: 10734
  • Municipality: SALEM
  • Latitude: 42.7911
  • Longitude: -71.2152

    Address

  • Full Address: 88 School St
  • Address - House Number: 88
  • Address - Street Name: School
  • Address - Suffix Type: St
  • State: NH
  • City Name: Salem
  • Carrier Code: C014
  • 4-Digit Zip Code: 2601
  • Zip Code: 03079

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,786

    Appraisal Valuation

  • Standard Deviation: 0.1685
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 78
  • Final Value: 615,730
  • High Value: 719,482
  • Low Value: 511,977

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $316,000
  • First Open Lien Mortgage Lender: NEWBURYPORT FIVE CENTS SAVINGS
  • First Open Lien Mortgage Recording Date: May 31, 2016
  • First Open Lien Mortgage Loan Amount: $256,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 31, 2046
  • Second Open Lien Mortgage Lender: SERVICE CU
  • Second Open Lien Mortgage Recording Date: Aug 06, 2020
  • Second Open Lien Mortgage Loan Amount: $60,000
  • Second Open Lien Mortgage Term: 300
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • Second Open Lien Mortgage Loan Due Date: Sep 01, 2045

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $422,800
  • Assessed Land Value: $163,700
  • Assessed Improvements Value: $259,100

    Sales

  • Current Sale Recording Date: May 31, 2016
  • Current Sale Transaction ID: 1594756681
  • Current Sale Price: $320,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 21800
  • Previous Sale Recording Date: Apr 23, 2004
  • Previous Sale Amount: $186,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: NEWBURYPORT FIVE CENTS SAVINGS
  • First Mortgage Transaction Date: May 31, 2016
  • First Mortgage Loan Amount: $256,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 31, 2046

    Previous Mortgages

  • Previous Mortgage Lender: MORTGAGE TRUST GROUP
  • Previous Mortgage Transaction Date: Apr 23, 2004
  • Previous Mortgage Loan Amount: $183,106
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About Rockingham



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Nearby Rentals

Unit for rent at 2 Therese Road, Salem, NH, 03079

$2,495 /mo

  • 2 Beds
  • 1 Bath
  • 1,016 ft²
2 Therese Road #2, Salem, NH, 03079 Listing by Susan Sells Team

Frequently Asked Questions

What neighborhood is 88 School Street located in?
The 88 School Street is a located in the neighborhood of Salem in Rockingham, Salem.
What is the average sales price for listings in 88 School Street?
The average sales price for units in 88 School Street is $0 currently.

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