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Sold for $972,000
  • $972,000

    51 Summit Ave, Salem, MA 01970

    4beds
    4,439sqft
    Multi Family
    Built in 1880
    -- sqft lot
    $1,121,600 Zestimate®
    $219/sqft
    $3,836 Estimated rent

    Home value

    $1,121,600

    $1.04M - $1.21M

    $3,836/mo

    Zestimate® history
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    $5,988/mo

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    $5,988/mo

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    What's special

    Exceptional 2 Family Victorian around the corner from beautiful Forest River Park, beach & minutes to Salem State University. Perfect home for family+in-law/rental/Air B&B. Lovely combination of old & new. High ceilings, HW floors, hand-crafted moldings, large windows, & pocket doors. "Owner's" unit consists of two floors with central air. Renovated kitchen w/ custom cabinets, granite counters, large island and breakfast nook, 2-bedrooms, tiled bath, LR & DR. Entire top story is the primary suite which includes bath, walk-in closet, laundry & storage. First floor is a charming, light filled 1-bedroom, 1-bath unit with large LR, DR w/ FP, & kitchen. Walk-out basement with classic bar. Detached, oversized garage. Low maintenance backyard. Please allow 48 hours for offer to be reviewed.

    Zillow last checked:

    Listing updated:

    Listed by:

    Mimi Smith 978-828-4430,

    J. Barrett & Company 978-468-0046

    Bought with:

    Iris Goldman

    Coldwell Banker Realty - Marblehead

    Source: MLS PIN,MLS#: 73253398

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Hot Water, Oil, Forced Air, Natural Gas
    Cooling
    • Window Unit(s), Central Air
    Appliances
    • Included: Range, Dishwasher, Refrigerator, Washer, Dryer, Range Hood, Disposal
    • Laundry: Washer Hookup
    Features
    • Cathedral/Vaulted Ceilings, High Speed Internet, Walk-In Closet(s), Bathroom with Shower Stall, Open Floorplan, Pantry, Storage, Crown Molding, Stone/Granite/Solid Counters, Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub & Shower, Remodeled, Living Room, Dining Room, Kitchen, Office/Den, Family Room
    • Flooring: Wood, Tile, Hardwood
    • Doors: Insulated Doors
    • Windows: Skylight(s), Insulated Windows
    • Basement: Full,Partially Finished,Walk-Out Access
    • Number of fireplaces: 1
    • Fireplace features: Gas
    Interior area
    • Total structure area: 4,439
    • Total interior livable area: 4,439 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Paved Drive, Off Street
    • Uncovered spaces: 4
    Features
    • Patio & porch: Porch, Patio
    • Exterior features: Balcony/Deck, Rain Gutters
    • Waterfront features: Ocean, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
    Lot
    • Size: 7,161 sqft
    • Features: Level
    Details
    • Parcel number: M:33 L:0721,2135351
    • Zoning: R1

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Frame
    • Foundation: Stone, Brick/Mortar
    • Roof: Shingle
    Condition
    • Year built: 1880

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: for Gas Range, for Gas Oven, Washer Hookup
    Green energy
    • Energy efficient items: Thermostat

    Community & neighborhood

    Community
    • Community features: Public Transportation, Shopping, Park, Medical Facility, Laundromat, House of Worship, Marina, Private School, Public School, T-Station, University
    Location
    • Region: Salem

    HOA & financial

    Other financial information
    • Total actual rent: 0

    Price history

    DateEventPrice
    7/31/2024Sold$972,000-1.7%$219/sqft
    Source: MLS PIN #73253398 Report a problem
    6/27/2024Contingent$989,000$223/sqft
    Source: MLS PIN #73253398 Report a problem
    6/17/2024Listed for sale$989,000+9.3%$223/sqft
    Source: MLS PIN #73253398 Report a problem
    5/27/2022Sold$905,000+11%$204/sqft
    Source: MLS PIN #72956547 Report a problem
    3/23/2022Listed for sale$814,999+65.1%$184/sqft
    Source: MLS PIN #72956547 Report a problem
    9/28/2007Sold$493,500$111/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$11,337 +8.6%$999,700 +11.2%
    2024$10,444 +1.7%$898,800 +9.5%
    2023$10,269 $820,900
    2022$10,269 +6.3%$820,900 +17.3%
    2021$9,660 +3.4%$700,000 +8.2%
    2020$9,346 +13.1%$646,800 +18.2%
    2019$8,266 +10.6%$547,400 +12.7%
    2018$7,473 +6.7%$485,900 +10.1%
    2017$7,001 +2.5%$441,400 +1.3%
    2016$6,827 +2.7%$435,700 +7.6%
    2015$6,646 +9.8%$405,000 +11.9%
    2014$6,053 +8.7%$361,800 +1.5%
    2012$5,571 +1.4%$356,400 -2.4%
    2011$5,495 -0.5%$365,100 -7.3%
    2010$5,520 +0.6%$394,000 -7.2%
    2009$5,485 +14.9%$424,500 +3.7%
    2008$4,775 +7%$409,200 -1.3%
    2007$4,463 -1%$414,400 +3.1%
    2006$4,508 +5.1%$402,100 +6.7%
    2005$4,288 +3.6%$376,800 +6.7%
    2004$4,137 +17.8%$353,300 +29.5%
    2003$3,511 +10.2%$272,800 +15.8%
    2002$3,186 +6.6%$235,500 +19.5%
    1999$2,988 +35.1%$197,000 +12.7%
    1994$2,211 $174,800

    Find assessor info on the county website

    Neighborhood: 01970

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Middle: Collins
    • High: Salem High

    Source: MLS PIN. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $1,121,600
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,121,600