$440,000
SOLD MAR 10, 2020
2 Beds
2 Baths
1,429 Sq Ft
1900 Built

Recently Sold

$308 Per Sq Ft

1% Above List Price

7 Days on Market

About This Home

As of March 2020

THIS NEWLY RENOVATED, sun-filled, 2 bedroom, 2 bath home, is in a beautiful converted Victorian schoolhouse in Salem's McIntire Historic District. Occupying the corner penthouse, the home's historic windows face southeast and boast the best views in the building. The tall ceilings, and period arched windows define the main living room, providing a dramatic and elegant character to the entire home. The open floor plan on the first floor allows for a versatile layout, conducive to modern living. The master suite, located on the entire top floor has cathedral ceilings with 4 large skylights, letting in an abundance of light. The home is complete with 2 full, updated bathrooms, an oversized kitchen with brand new appliances, and laundry in-unit. Also included is a deeded parking space directly behind the building, and additional private storage in the basement. The building's close proximity to the Commuter Rail and Downtown Salem makes it the epitome of convenience and charm.

Last Agent to Sell the Property

Penney Gould Team

Compass Listed on: 02/07/2020

Compass

Last Buyer's Agent

Jacqueline Polimeni

Coldwell Banker Realty - Marblehead

Coldwell Banker Realty - Marblehead

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,090

Year Built

  • Built in 1900

Utilities

  • Central Heating and Cooling System

Additional Features

  • Basement

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,090

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Low-Rise
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 304.41
  • Comp Based On: Gross/Full Sale Price
  • Year Built: 1900
  • Lead Paint: Unknown
  • Unit Building: 11
  • Unit Level: 3
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1900

Interior Features

  • No Bedrooms: 2
  • Full Bathrooms: 2
  • No Rooms: 4
  • Basement: Y
  • No Living Levels: 2
  • Main Lo: AN2383
  • Main So: K95001
  • Estimated Sq Ft: 1429.00

Exterior Features

  • Construction: Brick

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Cooling: Central Air
  • Heating: Central Heat, Electric

Condo/Co-op/Association

  • Fee Interval: Monthly
  • HOA Fees: 373.00
  • Association Fee Includes: Water, Sewer, Master Insurance, Elevator, Exterior Maintenance, Landscaping, Snow Removal, Reserve Funds
  • Condo Association: Yes

Lot Info

  • Assessments: 343500.00
  • Page: 215
  • Zoning: RES

Tax Info

  • Taxes: 5186.85
  • Assessor Parcel Number: 2132095

Multi Family

  • No Units: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2020
Closed on
Mar 10, 2020
Sold by
Blunda Joseph P
Bought by
Quackenbos Peter
Seller's Agent
Penney Gould Team
Compass
Buyer's Agent
Jacqueline Polimeni
Coldwell Banker Realty - Marblehead
List Price
$435,000
Sold Price
$440,000
Premium/Discount to List
$5,000
1.15%
Total Days on Market
7
Current Estimated Value
$606,116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,116
Avg. Annual Appreciation
6.40%
Original Mortgage
$285,000
Outstanding Balance
$256,600
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$352,756

Purchase Details

Listed on
Jul 8, 2015
Closed on
Oct 5, 2015
Sold by
Wennik Paul R
Bought by
Blunda Joseph P
Seller's Agent
Merry Fox Team
MerryFox Realty
Buyer's Agent
Dianna Vredenburgh
Flow Realty, Inc.
List Price
$399,900
Sold Price
$392,500
Premium/Discount to List
-$7,400
-1.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.61%
Original Mortgage
$372,875
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 5, 2004
Sold by
Wennik Paul R and Wennik Robert R
Bought by
Wennik Paul R

Purchase Details

Closed on
Jul 31, 1995
Sold by
Barton John W
Bought by
Wennik Robert R and Wennik Joanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,900
Interest Rate
7.56%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 7, 1992
Sold by
Hurley Regina
Bought by
Barton John W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,500
Interest Rate
8.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 31, 1989
Sold by
Singleton Philip
Bought by
Hurley Regina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,800
Interest Rate
9.7%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Condominium Deed $440,000 None Available
Not Resolvable $392,500 --
Deed -- --
Deed $129,900 --
Deed $135,000 --
Deed $166,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $285,000 New Conventional
Previous Owner $372,875 New Conventional
Previous Owner $236,000 No Value Available
Previous Owner $103,900 Purchase Money Mortgage
Previous Owner $97,500 Purchase Money Mortgage
Previous Owner $132,800 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2020 03/10/20 Sold $440,000 +1.1% $308 / Sq Ft
02/14/2020 02/14/20 Pending -- -- --
02/07/2020 02/07/20 For Sale $435,000 0.0% $304 / Sq Ft
06/11/2018 06/11/18 Rented $2,400 0.0% --
05/13/2018 05/13/18 For Rent $2,400 -4.0% --
11/02/2017 11/02/17 Rented $2,500 0.0% --
10/27/2017 10/27/17 Under Contract -- -- --
09/15/2017 09/15/17 Price Changed $2,500 -10.7% $2 / Sq Ft
08/15/2017 08/15/17 Price Changed $2,800 -6.7% $2 / Sq Ft
08/02/2017 08/02/17 For Rent $3,000 0.0% --
10/05/2015 10/05/15 Sold $392,500 0.0% $275 / Sq Ft
09/21/2015 09/21/15 Pending -- -- --
08/21/2015 08/21/15 Off Market $392,500 -- --
07/08/2015 07/08/15 For Sale $399,900 -- $280 / 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 $6,090 $537,000 $0 $537,000
2024 $6,092 $524,300 $0 $524,300
2023 $5,723 $457,500 $0 $457,500
2022 $5,731 $432,500 $0 $432,500
2021 $5,675 $411,200 $0 $411,200
2020 $5,345 $369,900 $0 $369,900
2019 $5,187 $343,500 $0 $343,500
2018 $5,423 $341,600 $0 $341,600
2017 $5,191 $327,300 $0 $327,300
2016 $4,433 $282,900 $0 $282,900
2015 $4,375 $266,600 $0 $266,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72616883

MLS Property Information Network (MLS PIN)

APN: SALE-000025-000000-000663-000811-000811