Last Sold Price
4 beds1,996 sqft$317/sqft
15 Raymond Rd, Salem, MA 01970

Description

Two Family in Great location close to Salem University, in excellent condition. Perfect for a new owner to occupy one unit, and rent 2nd unit to help pay mortgage. This property offers 2 units with 2 beds and 1 bath each, both units have large eat in kitchens fully applianced. Hardwood floors , office/den in each unit. Full basement with washer and dryer and extra storage. Back yard features deck on first floor , shed for additional storage , 2 car garage being rented . Newer roof in 2010 on house...Two Family in Great location close to Salem University, in excellent condition. Perfect for a new owner to occupy one unit, and rent 2nd unit to help pay mortgage. This property offers 2 units with 2 beds and 1 bath each, both units have large eat in kitchens fully applianced. Hardwood floors , office/den in each unit. Full basement with washer and dryer and extra storage. Back yard features deck on first floor , shed for additional storage , 2 car garage being rented . Newer roof in 2010 on house and garage , newer windows, newer garage doors. 2nd floor unit converted to gas from oil in 2019. Tenants pay there own gas, and electricity . Owner pays water/sewage . misc expenses was , $12000 is not normal yearly expense. First showings at open house Sat 3/13/21 11-1pm. Masked must be worn. All offers to be held until Monday March 15th until 6pm, Please give 24 hours for a decision.
LISTING CLOSED: 05/07/2021 12:00 AM

  1. Listed by Barry Livingston • Coldwell Banker Realty - Marblehead

Property Details for 15 Raymond Road

Status
MLS #
72796027
Days on Market
14
Taxes
$6,594 / year
HOA Fees
-
Property Type
MLS Type
Multi-family / 2 Family - 2 Units Up/Down
Year Built
1930
Town
Salem
Area
MA-Salem
Garage Spaces
2
Open Parking Spaces
10.00
Parking Spaces Total
10

Location

Listing Courtesy of Coldwell Banker Realty - Marblehead, Barry Livingston

Sold By Coldwell Banker Realty - Marblehead, Barry Livingston

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Building Information for 15 Raymond Road

Stories3Residences2Year Built1930Building Size-Lot Size0.14 AC / 6,098 SF

Payment Calculator

$3,762 per month

30 year fixed, 6.55% Interest

Principal and Interest

$3,212

Property Taxes

$550

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 15 Raymond Road

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, House of Worship, Public School, University
  • Current Financing: Conv. Fixed
  • Living Area: 1996.0
  • Total Units: 2
  • Waterfront: No
  • Water View: No
  • Year Built Details: Actual
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Unit 1(Range, Dishwasher, Refrigerator), Unit 2(Range, Gas Water Heater
  • Basement Features: Full, Sump Pump, Concrete Floor, Unfinished Basement
  • Num of Baths: 2.0
  • Num of Full Baths: 2
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 2.00
  • Bathrooms Total Integer: 2
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Wood, Tile, Carpet
  • Interior Features: Unit 1(Bathroom With Tub & Shower), Unit 2(Bathroom With Tub & Shower), Unit 1 Rooms(Kitchen, Family Room, Office/Den), Unit 2 Rooms(Kitchen
Exterior Features
  • Construction: Frame, Block
  • Exterior Features: Rain Gutters, Storage Shed, Unit 1 Balcony/Deck
  • Exterior Features: Storage Shed, Deck - Wood
  • Lot Description: Level
  • Patio And Porch Features: Deck - Wood
  • Roof Material: Shingle
  • Waterfront Features: Beach Front, Ocean, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
Parking Features
  • Covered Spaces: 2.00
  • Garage: Yes
  • Garage Parking: Paved Drive, Off-Street, Paved Driveway
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street, Paved Driveway
  • Parking Features: Off-Street, Paved Driveway
Utilities
  • Electric: Circuit Breakers, Individually Metered
  • Heating: Unit 1(Hot Water Radiators, Gas), Unit 2(Hot Water Radiators
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Disclosures: Garage has 2 parking spots rented for $125 per spot month to month,no lease,included in gross income.
Tax Information
  • Tax ID: M:32 L:0144,2134229
  • Assessments: $436,700
  • Book: 34581
  • Tax Year: 2019
  • Zoning: R1
Building / Association Information
Living Characteristics
  • Beds Total: 4
  • Total Living Levels: 3
Other Building Characteristics
  • Foundation: Concrete Perimeter
  • Heat Units: 2
  • Heat Zones: 2
Income / Expenses
  • Electricity: $500.00
  • Annual Expenses Source: Owner
  • GOI: $49,800.00
  • Gross Scheduled Income: $700.00
  • Insurance: $2,250.00
  • GRE: $18,950
  • MSE: $12,000
  • RFS: $500
  • RME: $1,500
  • NOI: $30,850.00
  • Operating Expense: $18,950.00
  • WSE: $1,500.00
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: Y
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: N
  • Levels U2: 1
Rental Info
Rental Info
  • Total Actual Rent: $3,900.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2.5
  • Other Agent Compensation: 0

Property History for 15 Raymond Road

DateEvent & SourcePriceAppreciation
May 7, 2021

Sold

MLS PIN #72796027

$632,000
Mar 16, 2021

Under Agreement

MLS PIN #72796027

Mar 16, 2021

Contingent

MLS PIN #72796027

DateEvent & SourcePrice
05/07/2021

Sold

MLS PIN #72796027

$632,000
03/16/2021

Under Agreement

MLS PIN #72796027

03/16/2021

Contingent

MLS PIN #72796027

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 15 Raymond Road

Taxable ValueLand$181,000Additions$503,100Total$684,100
Tax Record2025$7,758 ($646 / month)
Home Facts
Baths2Total Finished SqFt1,996 SqFtAbove Grade Finished SqFt1,996 SqFtUnfinished Basement SqFt896 SqFtStories2Lot Size5,915 SqFtStyleDuplexYear Built1930ZoningR1CountyESSEXAPNSALE M:32 L:0144

Schools near 15 Raymond Road

This home is within Salem School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 5
Public - K to 5
Public - K to 5
Rating
School
Distance
Horace Mann Laboratory School
PublicPK to 5

Bates
PublicPK to 5

Carlton Elementary School
PublicK to 5

Witchcraft Heights Elementary School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 15 Raymond Road, Salem, MA 01970
$632,000
4
1,996
6,098
$770,000
4
2,470
6,207
$676,000
3
1,725
5,575
$349,000
4
1,241
6,098
2
1
1,502
5,776
$345,000
4
1,998
5,663

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Coldwell Banker Realty - Marblehead, Barry Livingston

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.