NOT LISTED FOR SALE

1 Chase St Unit 3 Salem, MA 01970

The Point Neighborhood

Estimated Value: $271,000 - $399,000

2 Beds
1 Bath
1,260 Sq Ft
4,356 Sq Ft Lot

Last Sold March 23, 2018

Last sale price $177,000 $140 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $2,031/month

28 Days on Market

About This Home

As of March 2018

This penthouse unit located in the heart of Salem is a hidden gem. Walking distance to restaurants, shops, and Salem State, it has hardwood flooring throughout. Your new master bedroom features 2 closets, a walk out balcony with views of Salem Harbor, and beautiful Carolina Pine floors. This unit also features a large second bedroom, sun splashed eat-in kitchen, and oversized living room. Great alternative to renting! Come see this lovely unit and make it yours for the new year!

Last Agent to Sell the Property

Nicole Sargent

Aluxety Listed on: 12/29/2017

Aluxety

Last Buyer's Agent

Tom Spackman

CrossRoads Real Estate Group

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,084

Year Built

1915

Lot Details

0

Listing Details

  • Unit Level: 3
  • Unit Placement: Top/Penthouse
  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: 2/3 Family
  • Other Agent: 1.00
  • Lead Paint: Unknown
  • Year Round: Yes
  • Year Built Description: Actual
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1915

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 4
  • Amenities: Public Transportation, Shopping, Park, Medical Facility, Laundromat, House of Worship, Marina, Private School, Public School, T-Station, University
  • Electric: 110 Volts
  • Flooring: Wood, Hardwood, Pine
  • Bedroom 2: Third Floor, 15X10
  • Kitchen: Third Floor, 10X12
  • Laundry Room: Basement
  • Living Room: Third Floor, 22X19
  • Master Bedroom: Third Floor, 17X12
  • Master Bedroom Description: Ceiling Fan(s), Closet, Flooring - Hardwood, Balcony / Deck
  • No Bedrooms: 2
  • Full Bathrooms: 1
  • No Living Levels: 3
  • Main Lo: C95243
  • Main So: AN1709

Exterior Features

  • Exterior: Wood
  • Exterior Unit Features: Deck - Roof
  • Waterview Flag: Yes

Garage/Parking

  • Parking: Off-Street, Deeded
  • Parking Spaces: 1

Utilities

  • Heat Zones: 1
  • Hot Water: Oil
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • HOA Fees: 400.00
  • Association Fee Includes: Heat, Hot Water, Water, Sewer, Master Insurance, Landscaping, Snow Removal
  • Management: Owner Association
  • Pets Allowed: Yes w/ Restrictions
  • No Units: 3
  • Unit Building: 3

Fee Information

  • Fee Interval: Monthly

Lot Info

  • Assessor Parcel Number: M:34 L:0042 S:803
  • Zoning: R3
  • Acre: 0.10
  • Lot Size: 4300.00

Multi Family

  • Waterview: Harbor

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 3, 2025
Sold by
Borgeson Molly
Bought by
Borgeson Molly and Borgeson Van Duyn
Current Estimated Value
$338,905

Purchase Details

Listed on
Dec 29, 2017
Closed on
Mar 23, 2018
Sold by
Cuevas Angel
Bought by
Spackman Eric M
Seller's Agent
Nicole Sargent
Aluxety
Buyer's Agent
Tom Spackman
CrossRoads Real Estate Group
List Price
$175,000
Sold Price
$177,000
Premium/Discount to List
$2,000
1.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.91%
Original Mortgage
$171,690
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 23, 2014
Sold by
Cabral Dominico
Bought by
Cuevas Angel L

Purchase Details

Listed on
Aug 24, 2012
Closed on
Oct 26, 2012
Sold by
C Bass Mtg Loan
Bought by
Cabral Dominico
Seller's Agent
Team Rocco and Lorrie
RE/MAX Leading Edge
Buyer's Agent
Team Rocco and Lorrie
RE/MAX Leading Edge
List Price
$94,900
Sold Price
$73,199
Premium/Discount to List
-$21,701
-22.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.50%

Purchase Details

Closed on
Nov 25, 2011
Sold by
Veno Therese M
Bought by
Us Bank Na

Purchase Details

Closed on
Jan 31, 2003
Sold by
Prospect Point Prop Ll
Bought by
Kortekamp Todd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,148
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Borgeson Molly -- None Available
Borgeson Molly -- None Available
Borgeson Molly $100,000 None Available
Borgeson Molly $100,000 None Available
Spackman Eric M $177,000 --
Spackman Eric M $177,000 --
Cuevas Angel L $79,000 --
Cuevas Angel L $79,000 --
Cabral Dominico $73,199 --
Cabral Dominico $73,199 --
Us Bank Na $150,000 --
Us Bank Na $150,000 --
Kortekamp Todd $149,900 --
Kortekamp Todd $149,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Spackman Eric M $171,690
Previous Owner Kortekamp Todd $152,148
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/23/2018 03/23/18 Sold $177,000 +1.1% $140 / Sq Ft
01/26/2018 01/26/18 Pending -- -- --
12/29/2017 12/29/17 For Sale $175,000 +139.1% $139 / Sq Ft
10/26/2012 10/26/12 Sold $73,199 -8.4% $58 / Sq Ft View Prior Sale
09/27/2012 09/27/12 Pending -- -- --
09/10/2012 09/10/12 Price Changed $79,900 -15.8% $63 / Sq Ft
08/24/2012 08/24/12 For Sale $94,900 -- $75 / 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 $3,084 $272,000 $0 $272,000
2024 $3,010 $259,000 $0 $259,000
2023 $2,915 $233,000 $0 $233,000
2022 $2,824 $213,100 $0 $213,100
2021 $2,778 $201,300 $0 $201,300
2020 $2,741 $189,700 $0 $189,700
2019 $2,938 $194,600 $0 $194,600
2018 $2,653 $172,500 $0 $172,500
2017 $2,733 $172,300 $0 $172,300
2016 $2,513 $160,400 $0 $160,400
2015 $2,445 $149,000 $0 $149,000
Source: Public Records

Agents Affiliated with this Home

  • Nicole Sargent

    Seller's Agent in 2018

    Nicole Sargent

    Aluxety

    (508) 572-1663

    23 Total Sales

    Nicole Sargent
    Section Image
  • Tom Spackman

    Buyer's Agent in 2018

    Tom Spackman

    CrossRoads Real Estate Group

    (617) 548-0882

    21 Total Sales

    Tom Spackman
    Section Image

  • T

    Seller's Agent in 2012

    Team Rocco and Lorrie

    RE/MAX

See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72266521

MLS Property Information Network (MLS PIN)

APN: SALE-000034-000000-000042-000803-000803

Massachusetts Essex County Salem 01970 The Point

1 Chase St Unit 3, Salem, MA

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