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7 Fairfield Street, Salem, MA, 01970 | $1,499,000
This property was purchased in 1957 and was loved and cared for by the same family for all these years. You have a feeling of comfort when you step into the large rooms with 9' ceilings. Both the Dining Room and the Living Room have fireplaces to add to your relaxed enjoyment. The kitchen has been updated and includes Granite Counter tops, stainless steel appliances, and an Induction cooktop in the island. There is an eating area in the kitchen plus it opens into the large Formal Dining Room. The first floor flows from the Foyer, to the Living room, to the Den, to the dining room, to the kitchen, and back to the foyer. The second floor features three bedrooms and two full bathrooms, plus hall closets that you can only dream of - plus an exercise room The 3rd floor has one bedroom and a full bath, and storage space The laundry room is in the lower level plus there is a 3/4 bathroom, very large living area, and another full kitchen. Make this dream home a reality
Features
- Amenities: Shopping, House of Worship, University, Sidewalks
- Rooms: 12
- Bedrooms: 5
- Baths: 3 full / 2 half
- Laundry: Electric Dryer Hookup, Laundry Chute, Washer Hookup, In Basement
- Style: Colonial
- Year Built: 1915
- Garage: 2-car Detached
- Basement: Full, Partially Finished, Walk-Out Access
- Approx Sq. Feet: 3,862
- Acreage: 0.21
- Est. Taxes: $11,442
- Appliances: Electric Water Heater, Oven, Disposal, Trash Compactor, Microwave, Refrigerator, Washer, Dryer
- MLS#: 73309223
- Website: https://www.raveis.com
/eprop/73309223/7fairfieldstreet_salem_ma?source=qrflyer
Listing by Christine Ingemi courtesy of Keller Williams Realty Evolution Phone: 978-927-8700
Room Information
| Type | Description | Dimensions | Level |
|---|---|---|---|
| Bedroom 2 | Closet, Flooring - Hardwood | 12.0 x 12.0 | Second |
| Bedroom 3 | Closet, Flooring - Hardwood | 13.0 x 14.0 | Second |
| Bedroom 4 | Closet, Flooring - Hardwood | 11.0 x 14.0 | Second |
| Dining Room | Flooring - Hardwood | 15.0 x 17.0 | First |
| Kitchen | Flooring - Hardwood, Countertops - Stone/Granite/Solid, Kitchen Island, Cabinets - Upgraded, Exterior Access, Recessed Lighting, Stainless Steel Appliances, Lighting - Overhead | 19.0 x 18.0 | First |
| Living Room | Flooring - Hardwood, Open Floorplan | 22.0 x 16.0 | First |
| Master Bedroom | Bathroom - 3/4, Closet, Flooring - Hardwood | 18.0 x 16.0 | Second |
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
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- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 81725
203.980.8025
Frank.Kolb@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
7 Fairfield Street, Salem, MA, 01970
$1,499,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Frank Kolb
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $1,199,200 | $1,199,200 | $1,199,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.500% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.955% | 6.612% | 6.182% |
| Monthly Tax Payment | $954 | $954 | $954 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $6,903 | $7,580 | $10,120 |
| Total Monthly Payment | $7,982 | $8,659 | $11,199 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
MA Mortgage Lender and Mortgage Broker #MC2630