27 Shore Avenue

Salem, MA 01970

$715,000
Last Sold Price
6
Beds
3
Baths
3,320 Sq. Ft.
$215 / Sq. Ft.
3,320
Sq. Ft.
$215
per Sq. Ft.

Description

Location, location, location. Charming waterfront home. Phenomenal water views. Desireable Forest River Park, South Salem location. Forest River Park has two beaches, tennis courts, Pioneer Village, picnic areas, fresh water swimming pool (for Salem residents only). Great place to jog or take a walk. This is a rare find. This home which was built for a ship builder has been in the Seller's family for 65 years. This waterfront home makes you feel like you are always on vacation. Lots of period detail....Location, location, location. Charming waterfront home. Phenomenal water views. Desireable Forest River Park, South Salem location. Forest River Park has two beaches, tennis courts, Pioneer Village, picnic areas, fresh water swimming pool (for Salem residents only). Great place to jog or take a walk. This is a rare find. This home which was built for a ship builder has been in the Seller's family for 65 years. This waterfront home makes you feel like you are always on vacation. Lots of period detail. Hardwood floors throughout. Units 1 and 2 have a room that could be used as an extra bedroom or office. Eat in kitchens. Wrap around porch on first floor facing the water. Boilers for units 1 and 2 are gas and were installed approximately 5 years ago. Unit 3 has electric heat. Lots of storage in basement. This could be a great owner occupant home or investment property. Condominium documents and plans have already been prepared. Current rent is way below market.
  1. Listed by Karen DiRocco • Keller Williams Realty Evolution

Property Details for 27 Shore Avenue

Town
Salem
MLS Area
Forest River
Area
MA-Salem-Forest River, MA-Salem
Garage Spaces
2
Parking Spaces
6.00
Parking Spaces Total
8

Location

Listing Courtesy of Keller Williams Realty Evolution, Karen DiRocco

Sold By Tache Real Estate, Inc., Julianna Tache

Add your commute
LISTING UPDATED: 08/06/2022 06:31 AM

Property Details for 27 Shore Avenue

StatusSold
MLS #72054669
Days on Market8
Taxes$7,003 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 3 Family
Year Built1910
CountyEssex County

Location

Listing Courtesy of Keller Williams Realty Evolution, Karen DiRocco

Sold By Tache Real Estate, Inc., Julianna Tache

Add your commute

Building Information for 27 Shore Avenue

Stories6Residences3Year Built1910Building Size-Lot Size0.10 AC / 4,500 SF

Payment Calculator

$4,486 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,902

Property Taxes

$584

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 27 Shore Avenue

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Swimming Pool, Tennis Court, Park, Walk/Jog Trails, Golf Course, Medical Facility, Bike Path, Conservation Area, House of Worship, Public School, T-Station, University, Sidewalks
  • Current Financing: Cash
  • Living Area: 3320.0
  • Color: Brown
  • Total Units: 3
  • Waterfront: Yes
  • Water View: Yes
  • Year Built Details: Actual
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Unit 1(Range, Refrigerator, Washer, Dryer), Unit 2(Range, Dishwasher, Refrigerator), Unit 3(Range, Gas Water Heater, Tankless Water Heater, Utility Connections for Gas Range
  • Basement Features: Full, Interior Access, Concrete Floor, Unfinished Basement
  • Num of Baths: 3.0
  • Num of Full Baths: 3
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 3.00
  • Bathrooms Total Integer: 3
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Tile, Varies Per Unit, Hardwood, Unit 1(undefined), Unit 2(Hardwood Floors, Stone/Ceramic Tile Floor), Unit 3(Tile Floor, Hardwood Floors)
  • Interior Features: Storage, Unit 1(Pantry, Crown Molding, Bathroom With Tub & Shower), Unit 2(Ceiling Fans, Pantry, Unit 3(Storage, Unit 1 Rooms(Living Room, Dining Room, Kitchen, Office/Den, Other (See Remarks)), Unit 2 Rooms(Living Room, Office/Den), Unit 3 Rooms(Living Room, Kitchen)
  • Laundry Features: Laundry Room
Exterior Features
  • Exterior Features: Unit 1 Balcony/Deck
  • Exterior Features: Porch, Covered Patio/Deck
  • Lot Description: Flood Plain
  • Patio And Porch Features: Porch, Covered
  • Roof Material: Shingle
  • Waterfront Features: Waterfront, Beach Front, Harbor, Frontage, Walk to, Access, Public, Beach Access, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
  • Waterview Features: Harbor, Public, Walk to
Parking Features
  • Covered Spaces: 2.00
  • Garage: Yes
  • Garage Parking: Paved Drive, Shared Driveway, Off-Street, Assigned, Paved Driveway
  • Open Parking: Yes
  • Parking Features: Paved Drive, Shared Driveway, Off-Street, Assigned, Paved Driveway
  • Parking Features: Off-Street, Assigned, Paved Driveway
Utilities
  • Cooling: Unit 2(Window AC)
  • Cooling: Yes
  • Electric: Circuit Breakers, Individually Metered
  • Heating: Unit 2(Forced Air, Hot Water Radiators, Gas, Electric, Individual, Unit Control)
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Utility Connections: for Gas Range
  • Water: Public
Property Information
Property Info
  • UFFI: Unknown
  • Year Round: Yes
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Road Responsibility: Public Maintained Road
  • Road Surface Type: Paved
  • Disclosures: All appliances are being left as gifts. Flood insurance is $700.00 per year (included in insurance price). The room (office or possible bedroom) on the second floor currently is not heated.
Tax Information
  • Tax ID: 2135306
  • Assessments: $446,900
  • Book: 13098
  • Tax Year: 2016
  • Zoning: R1
Building / Association Information
Living Characteristics
  • Beds Total: 6
  • Total Living Levels: 6
Other Building Characteristics
  • Foundation: Concrete Perimeter
  • Cooling Units: 0
  • Cooling Zones: 0
  • Heat Units: 3
  • Heat Zones: 3
Income / Expenses
  • Electricity: $1,355.00
  • Annual Expenses Source: Owner
  • GOI: $12,000.00
  • Insurance: $2,900.00
  • GRE: $8,955
  • HTE: $3,800
  • NOI: $3,045.00
  • Operating Expense: $8,955.00
  • WSE: $900.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: N
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 3
  • Levels U3: 1
Rental Info
Rental Info
  • Total Actual Rent: $1,000.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2.25%
  • Other Agent Compensation: 2.0%

Property History for 27 Shore Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 27 Shore Avenue

Taxable ValueLand$385,100Additions$708,300Total$1,093,400
Tax Record2024$12,705 ($1,059 / month)
Home Facts
Baths3Total Finished SqFt3,320 SqFtAbove Grade Finished SqFt3,320 SqFtUnfinished Basement SqFt1,221 SqFtStories3Lot Size4,500 SqFtStyleTriplexYear Built1910ZoningR1CountyESSEXAPNSALE M:33 L:0677

Schools near 27 Shore Avenue

This home is within Salem School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - K to 5
Public - K to 5
Public - K to 5
Rating
School
Distance
Carlton Elementary School
PublicK to 5

Witchcraft Heights Elementary School
PublicK to 5

Bates Elementary School
PublicK to 5

Horace Mann Laboratory
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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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Keller Williams Realty Evolution, Karen DiRocco

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.