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237 Jefferson Ave, Salem, MA, 01970

$1,250,000

Home List Price

$10,000*

Closing Credit

9 Bedrooms
3 Full Baths
3,778 SqFt
$331/SqFt
Multi
Schools Nearby

Location

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237 Jefferson Ave, Salem$1,250,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingPaved Drive, Off Street, Assigned, Paved
Year Built1900
HeatingBaseboard, Natural Gas, Other
CoolingNone
BasementYes
WaterfrontBeach
MLS #73211392
Lot Size0.12 Acres
StatusActive

About 237 Jefferson Ave

Turn key triple decker investment gem next to Salem State University, 1 mile to downtown Salem & Commuter Rail, 1/2 mile to schools and a short drive to local amenities. Renovated in 2020 with high efficiency gas heat/ tankless hot water, new plumbing & electrical, new meters, toilets, showers and appliances. Each unit features 3 beds, 1 bath & in-unit laundry with similar layouts and modern kitchens & baths. The building includes generous 2 car parking for each unit in the expansive fenced lot. This is a plug and play investment as an income property or condo conversion. All units rented well below market. Contact list agent for group showing info. **GROUP SHOWING SAT 3/30 2:15-3:00, CONTACT AGENT TO CONFIRM**

Property Details

Property Features

Property Information:

  • Year Built: 1900
  • Living Area: 3,778 SqFt

Listing Office:

  • Office Name: Atlantic Coast Homes,Inc
  • Listing Agent: Dan Bernal

Interior Features

Interior Information:

  • Appliances: Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
  • Basement: Yes
  • Flooring Type: Tile, Hardwood, Wood, Stone/Ceramic Tile
  • Interior: Pantry, Stone/Granite/Solid Counters, Upgraded Cabinets, Bathroom With Tub & Shower, Remodeled, Internet Available - Broadband, Living Room, Kitchen, Laundry Room, Sunroom

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 9

Exterior Features

Exterior Information:

  • Waterfront: Beach
  • Exterior: Balcony/Deck, Balcony, Rain Gutters

Parking Information:

  • Parking: Paved Drive, Off Street, Assigned, Paved

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, Natural Gas, Other
  • Cooling: None

School Info

Assigned Schools Information:

  • Salem High School, Public District Grades 9-12
  • Nathaniel Bowditch, Public District Grades KG-8
  • Collins Middle School, Public District Grades 6-8
  • Saltonstall School, Public District Grades KG-8
  • Horace Mann Laboratory, Public District Grades KG-5
  • Witchcraft Heights, Public District Grades KG-5
  • Carlton, Public District Grades KG-5

Other

Directions Information:

  • Directions: GPS

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,250,000
  • Price Per SqFt: $331/SqFt

Agent Commission:

  • Buyer's Agent Commission: 2

Tax Information:

  • Annual Amount: $8,559
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Salem, MA.

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Salem, MA

City

Med. Sold Price

$549.9K

Med. Price/SqFt

$381

Avg. Days On Market

25

# of Sold Homes

34

237 Jefferson Ave vs Salem

41 DAYS ON ROCKET

+16 Days

$1,250,000

+$700K More

$331/SqFt

-$50 Less

KEY TAKEAWAY

This property is $700K more than the Median Sold Price and $50/SqFt less than other homes in Salem, MA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MLS Property Information Network
  • MLS Number: #73211392

Listing Office:

  • Office Name: Atlantic Coast Homes,Inc
  • Listing Agent: Dan Bernal

IDX Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information 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. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.

Last updated on: 4/28/2024, 6:25:14 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$8,559$620,200
2020$7,387$511,200
2019$7,234$479,100
2018$6,624$430,700
2017$6,407$404,000

History based on county public records data.

Payment Calculator

$6,306

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,814

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2508719
5
/10

  • Horace Mann Laboratory

  • 33 Loring Ave

  • 0.56 miles

  • Public District Grades KG-5

school-card-donut-2508720
3
/10

  • Witchcraft Heights

  • 1 Frederick St

  • 1.15 miles

  • Public District Grades KG-5

school-card-donut-2508721
4
/10

  • Carlton

  • 10 Skerry St

  • 1.81 miles

  • Public District Grades KG-5

Middle School

school-card-donut-2508722
2
/10

  • Nathaniel Bowditch

  • 79 Willson St

  • 0.35 miles

  • Public District Grades KG-8

school-card-donut-2508723
4
/10

  • Collins Middle School

  • 29 Highland Ave

  • 0.54 miles

  • Public District Grades 6-8

school-card-donut-2508724
4
/10

  • Saltonstall School

  • 211 Lafayette St

  • 0.69 miles

  • Public District Grades KG-8

High School

school-card-donut-2508725
3
/10

  • Salem High School

  • 77 Willson St

  • 0.47 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $39,138. The majority of Salem, MA residents have income between $35k-100k annually. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Massachusetts›Essex County›Salem›01970›237 Jefferson Ave

This home is located at 237 Jefferson Ave in Salem, MA and zip code 01970. This 3,778 square foot home, which was built in 1900, sits on a 0.12 acre lot. Features: 9 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 18, 2024 and is currently priced at $1,250,000.

In March 2024, from all listings sold in Salem, MA there were more than 26 sold above asking price, over 4 sold below and more than 4 were sold right at the asked price. The inventory of homes for sale in Salem, MA between February 2024 and March 2024 increased by 5.8%. While the average time on the market in March 2024 was 25 days, the median list price was $549,925.

From Rocket Homes Real Estate and based on county public records data.

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