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SOLD 3/30/2016

159 Fort Ave, Salem, MA 01970$400,000

4
beds
2
baths
2370
ft2
· 2010
ft2 lot
$169 / ft2

Listing provided courtesy of Listing Broker: Tyson Lynch, J. Barrett & Company
Source MLS PIN;
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Rare opportunity to own in Salem Willows. This beautifully updated two-family could be a great opportunity for an owner occupant, extended family, or investor. Located in the heart of sought after Salem Willows, this property is move-in ready. First floor unit features two bedrooms, soaring ceilings, hardwood floors throughout, and in-unit washer/dryer hookups. The second unit features two bedrooms, an open concept floor plan with updated kitchen with stainless steel appliances, fireplace, an abundance of light, and water and park views. The living space extends to the patio and garden area. Gas heating systems replaced within last 10 years. If having a seaside park at its doorsteps was not enough, this home is minutes from many amenities for which Salem is renown. Showings begin at group showings Saturday January 16th 11AM to 1PM by appointment only please RSVP with list agent. Any offers due Monday 1/18/16 at 5PM. Please allow 24hrs for response.

HOA

$—/month

On market

a month

Year built

1950

Property type

2 Family 2 Units Up/Down

Parking

1

MLS

71947428

Price / Sq.Ft.

$169 / ft2

Status

Sold

Home details for 159 Fort Ave

Interior Features & Layout
Rooms Info
•   
Additional Rooms: Living Room, Kitchen, Kitchen, Living RM/Dining RM Combo
•   
Total Levels: 2, 3, 2
•   
Total Levels Unit 1: 1, 1
•   
Total Levels Unit 2: 2, 1
•   
Total Rooms Unit 1: 3
•   
Total Rooms Unit 2: 3
•   
Total Rooms: 6, 6, 6
Heating & Cooling
•   
Heating Units: 2
•   
Heating Description Unit 1: Forced Air, Gas, Unit Control
•   
Heating Zones: 2
•   
Heating Description Unit2: Hot Water Baseboard, Gas
Fireplace Info
•   
Fireplace 2: 1
•   
Total Fireplaces: 1, 1
Appliances
•   
Hot Water: Natural Gas
•   
Unit 2 Appliances: Range, Dishwasher, Disposal, Microwave
•   
Unit 1 Appliances: Range, Dishwasher, Disposal
Interior Features
•   
Utility Description: Heat, Gas
•   
Energy Details: Insulated Windows
•   
Interior Features: Ceiling Fans, Hardwood Floors, Jacuzzi/Whirlpool Soaking Tub, Bathroom With Tub & Shower, Remodeled, Ceiling Fans, Fireplace - Wood burning, Hardwood Floors, Jacuzzi/Whirlpool Soaking Tub, Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub & Shower, Remodeled, Skylight
Bedrooms Info
•   
Total Beds: 4
•   
Unit 2 Beds: 2
•   
Unit 1 Beds: 2
Bathrooms Info
•   
Full Baths: 2, 2
•   
Unit 2 Full Baths: 1
•   
Unit 1 Full Baths: 1
Flooring
•   
Flooring: Wood, Tile, Hardwood
Property, Lot, Community & Exterior Features
Property Features
•   
Beach Description: Ocean
•   
Beachfront
•   
Water View
•   
Water View Details: Ocean
•   
Beach Ownership: Public
Community Info
•   
Total Units In Complex: 2
Exterior Features
•   
Color: Grey
•   
Building Exterior Details: Vinyl, Patio
Property Type
•   
Property Type: 2 Family - 2 Units Up/Down
•   
Mls Prop Type: 2 Family - 2 Units Up/Down
•   
Mls Property Type: Multi-family
Community Features
•   
Area Amenities: Public Transportation, Tennis Court, Park, Walk/Jog Trails, Bike Path, House of Worship, Marina, Public School, T-Station, University
Lot Info
•   
Zoning: B2
•   
Lot Description: Corner
•   
Acres: 0.05
Building Info
•   
Foundation Size: 99999
•   
Sqft Source: Public Record
•   
Foundation: Poured Concrete
•   
Roof: Rubber
•   
Year Built Description: Approximate
•   
Lead Paint: Unknown
•   
Year Built Source: Public Record
Basement Info
•   
Basement
•   
Basement Details: Full, Bulkhead, Sump Pump
Parking Info
•   
Parking Descriptions: Off-Street, On Street Permit
Utilities & Other Information
Water & Sewer Info
•   
Water Source: City/Town Water
•   
Sewer: City/Town Sewer
Utilities
•   
Utilities: for Gas Range, for Electric Range, Washer Hookup
Other
•   
Uffi: Unknown
Listing Details, Costs & Financing Information
Listing Info
•   
Offline Listing Number: 2217417
•   
Status: Sold
Financial Info
•   
Fin Code: FHA
•   
Finances Source: Owner Provided
Lease Info
•   
Gross Income: 12000
•   
Net Operating Income: 12000
•   
Monthly Rent Unit 1: 1300
•   
Lease 1
•   
Total Rent: 1300
Terms
•   
Exclusions: Washer & Dryers, refrigerator in unit 1. Personal property in both units.
Listing Details
•   
Disclosures: Only one gas meter. Partially in flood zone ($700/year premium). Unit 1 tenants to remain until May. Subject to seller finding suitable housing.
•   
Dislcosures
Tax/Assessment Info
•   
Tax Year: 2015
•   
Assessed Value: 326300.00
•   
Taxes: 5355.00
•   
Apn: M:45 L:0010
Listing Contacts
•   
Selling Agent: C8000965
School Neighborhood & Directions
Location
•   
Street Number: 159
•   
Map Book: 31252
•   
Area: Salem Willows
•   
Beach Distance: 0 to 1/10 Mile
•   
Map Page: 424
•   
Directions: Corner of Fort Ave and Bay View Ave
•   
Road Type: Public
•   
Zip Code +4: 5742
Other
Other
•   
Main So: C95243
Calculation
•   
Price Per Sqft: 168.78
•   
List Price Per Sqft: 176.79
•   
Sold Price Per Sqft: 168.78
•   
Cdom Property: 43
•   
Cdom Broker: 43
•   
Cdom: 43

Neighborhood snapshot

60
Properties for sale
18
Median days on market
$330.69
Median sold price/sqft
105.73%
Sold/List %
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Property History for 159 Fort Ave

03/30/2016
03/30/2016
Public Record
sold
Public Record
$400,000
+39.13%
04/12/2012
04/12/2012
Public Record
sold
Public Record
$287,500
+8.49%
06/02/2004
06/02/2004
Public Record
sold
Public Record
$265,000

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