NOT LISTED FOR SALE

Estimated Value: $314,000 - $398,000

1 Bed
1 Bath
633 Sq Ft
$257/mo HOA Fee

Last Sold August 12, 2024

Last sale price $349,900 $553 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,439/month

86 Days on Market

Highlights

  • Marina
  • Waterfront
  • Property is near public transit
  • Medical Services
  • Landscaped Professionally
  • 2-minute walk to Salem Common

About This Home

As of August 2024

Fantastic Location! Just steps to Salem Common, close to the train station, PEM, top quality restaurants, Pickering Wharf, Salem Willows, the Ferry to Boston, beaches and all that Salem has to offer. This is an exceptional location, offers hardwood floors, large living room, and spacious bedroom with good closet space. Modern kitchen with dishwasher and recent updates including a new refrigerator, a new faucet and draw pulls. New thermal pane windows throughout, new updated electrical service. The bathroom adds a retro touch. One assigned parking space just outside your front door. Open Houses: Wednesday, 7/10, 6-7:30 PM & Saturday, 7/13, 12-1:30 PM

Last Agent to Sell the Property

Virginia Carson

Tache Real Estate, Inc. Listed on: 05/07/2024

Last Buyer's Agent

Shannon McInnis

Keller Williams Realty Evolution

Keller Williams Realty Evolution

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,276

Year Built

  • Built in 1950

Lot Details

  • Waterfront
  • Two or More Common Walls
  • Landscaped Professionally

HOA Fees

  • $257 Monthly HOA Fees

Home Design

  • Garden Home
  • Entry on the 1st floor
  • Brick Exterior Construction
  • Frame Construction
  • Rubber Roof
  • Block Exterior

Interior Spaces

  • 633 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Insulated Windows
  • Gas Dryer Hookup

Kitchen

  • Range
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom
  • Bathtub with Shower
  • Linen Closet In Bathroom

Home Security

Parking

  • 1 Car Parking Space
  • Paved Parking
  • Open Parking
  • Off-Street Parking
  • Assigned Parking

Outdoor Features

  • Water Access
  • Walking Distance to Water
  • Rain Gutters

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Bentley Elementary School
  • Collins Middle School
  • Salem High School

Utilities

  • No Cooling
  • Central Heating
  • Heating System Uses Natural Gas
  • Individual Controls for Heating
  • Baseboard Heating
  • Hot Water Heating System
  • 100 Amp Service

Listing and Financial Details

  • Legal Lot and Block 804 / 0517
  • Assessor Parcel Number M:35 L:0517 S:804,2136989

Community Details

Overview

  • Association fees include water, sewer, insurance, maintenance structure, ground maintenance, snow removal, trash, reserve funds
  • 12 Units
  • Washington Square Condo Association Community

Amenities

  • Medical Services
  • Common Area
  • Shops
  • Coin Laundry

Recreation

  • Marina
  • Park
  • Jogging Path

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Storm Doors

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,276

Year Built

Built in 1950

Lot Details

0

HOA Fees

$257 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Garden
  • Year Built: 1950
  • Entry Level: 1
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Wood, Hardwood, Vinyl / VCT
  • Door Features: Storm Door(s)
  • Fireplace YN: No
  • Appliances: Range, Dishwasher, Refrigerator
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Features: Closet, Flooring - Hardwood
  • Room Master Bedroom Level: First
  • Bathroom 1 Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower, Closet - Linen, Closet
  • Bathroom 1 Level: First
  • Room Dining Room Features: Flooring - Hardwood
  • Room Dining Room Level: First
  • Room Kitchen Level: First
  • Room Kitchen Features: Flooring - Vinyl
  • Laundry Features: Common Area, In Building, Gas Dryer Hookup
  • Room Living Room Level: First
  • Room Living Room Features: Ceiling Fan(s), Flooring - Hardwood
  • Basement: N
  • Accessibility Features: No
  • Living Area: 633
  • Spa YN: No
  • Stories Total: 1
  • Window Features: Insulated Windows
  • MAIN LO: C86500
  • MAIN SO: C95098
  • Insulation: Unknown

Exterior Features

  • Exterior Features: Rain Gutters, Professional Landscaping
  • Common Walls: 2+ Common Walls, Corner
  • Construction Materials: Frame, Brick, Block
  • Home Warranty YN: No
  • Roof: Rubber
  • Waterfront Features: Beach Front, Beach Access, Bay, Direct Access, Walk to, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Off Street, Assigned, Paved
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Gas Dryer
  • Cooling: None
  • Heating: Central, Baseboard, Natural Gas, Individual
  • Cooling Y N: No
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • SEWAGE DISTRICT: Essex
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Association Amenities: Hot Water, Laundry
  • Association Fee: 257
  • Association Fee Frequency: Monthly
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Marina, T-Station, University
  • Senior Community YN: No
  • MANAGEMENT: Owner Association
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Reserve Funds

Lot Info

  • Parcel Number: M:35 L:0517 S:804,2136989
  • Zoning: R2
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • OUTDOOR SPACE AVAILABLE: Yes - Common
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 3276
  • Tax Block: 0517
  • Tax Lot: 804

Multi Family

  • Number Of Units Total: 12
  • Basement Included Sq Ft: No

MLS Schools

  • High School: Salem High
  • Elementary School: Bentley
  • Middle Or Junior School: Collins

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2023
Closed on
Jul 27, 2023
Sold by
Segal Amy E
Bought by
Makinson Jean
Seller's Agent
Lauren Dyer
Lamacchia Realty, Inc.
Buyer's Agent
Virginia Carson
Tache Real Estate, Inc.
List Price
$319,000
Sold Price
$331,331
Premium/Discount to List
$12,331
3.87%
Views
131
Current Estimated Value
$359,136

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,805
Avg. Annual Appreciation
3.53%
Original Mortgage
$314,764
Outstanding Balance
$306,798
Interest Rate
6.69%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$52,338

Purchase Details

Listed on
Jan 26, 2022
Closed on
Feb 22, 2022
Sold by
Dannaher Theresa E
Bought by
Segal Amy E
Seller's Agent
Maura Allard
Leading Edge Real Estate
Buyer's Agent
Lauren Dyer
Lamacchia Realty, Inc.
List Price
$249,900
Sold Price
$305,000
Premium/Discount to List
$55,100
22.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.05%

Purchase Details

Closed on
Jan 28, 2005
Sold by
Finnigan Lisa M and Hollow Lisa M
Bought by
Reeves J Laurence

Purchase Details

Closed on
Nov 18, 2004
Sold by
Reeves J Laurence J and Reeves Mildred C
Bought by
Dannaher Theresa E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,200
Interest Rate
5.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 29, 1999
Sold by
Davis Karen
Bought by
Hollow Lisa M

Purchase Details

Closed on
Jul 23, 1996
Sold by
Pagnotta Joyce L
Bought by
Davis Karen

Purchase Details

Closed on
Sep 10, 1993
Sold by
Carson Heather E
Bought by
Pagnotta Joyce L

Purchase Details

Closed on
Mar 4, 1988
Sold by
Columbus Rlty Tr
Bought by
Carson Heather E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Makinson Jean $331,331 None Available
Segal Amy E $305,000 None Available
Segal Amy E $305,000 None Available
Segal Amy E $305,000 None Available
Reeves J Laurence -- --
Hollow Lisa M -- --
Hollow Lisa M -- --
Dannaher Theresa E $164,000 --
Dannaher Theresa E $164,000 --
Hollow Lisa M $82,500 --
Hollow Lisa M $82,500 --
Davis Karen $66,500 --
Davis Karen $66,500 --
Pagnotta Joyce L $65,000 --
Pagnotta Joyce L $65,000 --
Carson Heather E $89,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Makinson Jean $314,764
Previous Owner Carson Heather E $131,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/12/2024 08/12/24 Sold $349,900 0.0% $553 / Sq Ft
08/02/2024 08/02/24 Pending -- -- --
08/01/2024 08/01/24 Off Market $349,900 -- --
07/19/2024 07/19/24 Pending -- -- --
05/25/2024 05/25/24 Price Changed $349,900 -1.4% $553 / Sq Ft
05/07/2024 05/07/24 For Sale $354,900 +7.1% $561 / Sq Ft
07/27/2023 07/27/23 Sold $331,331 +3.9% $523 / Sq Ft View Prior Sale
06/22/2023 06/22/23 Pending -- -- --
06/14/2023 06/14/23 For Sale $319,000 +4.6% $504 / Sq Ft
02/28/2022 02/28/22 Sold $305,000 +22.0% $482 / Sq Ft View Prior Sale
02/01/2022 02/01/22 Pending -- -- --
01/26/2022 01/26/22 For Sale $249,900 -- $395 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,497 $308,400 $0 $308,400
2024 $3,276 $281,900 $0 $281,900
2023 $2,641 $211,100 $0 $211,100
2022 $2,323 $175,300 $0 $175,300
2021 $2,269 $164,400 $0 $164,400
2020 $2,198 $152,100 $0 $152,100
2019 $2,040 $135,100 $0 $135,100
2018 $1,986 $129,100 $0 $129,100
2017 $1,849 $116,600 $0 $116,600
2016 $1,710 $109,100 $0 $109,100
2015 $1,564 $95,300 $0 $95,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73234124

MLS Property Information Network (MLS PIN)

APN: SALE-000035-000000-000517-000804-000804