$58,500
SOLD DEC 16, 2015
1 Bed
1 Bath
572 Sq Ft
$652/mo HOA Fee

Recently Sold

$102 Per Sq Ft

27% Below List Price

88 Days on Market

About This Home

As of July 2021

Great 1 bedroom first floor unit at Lancelot Court. Freshly painted interior. Good size kitchen and bedrooms. Laundry room in building. Heat and hot water included in monthly fee! Convenient Salem location minutes to highway and within walking distance to shopping. This is a Fannie Mae Homepath Property.

Last Agent to Sell the Property

Josh Naughton Team

RE/MAX Innovative Properties License #057445 Listed on: 07/29/2015

RE/MAX Innovative Properties

Last Buyer's Agent

Kelsey Nippe

NH Home Team License #058239

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,955

Year Built

  • 1972

HOA Fees

Home Design

  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Stucco

Interior Spaces

  • 572 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • Paved Parking
  • Unassigned Parking

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • Lancelot Court Condos

Listing and Financial Details

  • REO, home is currently bank or lender owned

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,955

Year Built

1972

Lot Details

0

HOA Fees

$652 per month

Listing Details

  • Status Detail: Closed
  • Flood Zone: Unknown
  • Floor Number: 1
  • Units per Building: 20
  • Construction: Existing
  • Foreclosedbank Ownedreo: Yes
  • Total Stories: 1
  • Special Features: 20
  • Property Sub Type: Condos
  • Stories: 1
  • Year Built: 1972

Interior Features

  • Total Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Basement Description: Slab
  • Room 1: Kitchen, 8x10, On Level: 1
  • Room 2: Dining Room
  • Room 3: Living Room, 11x23, On Level: 1
  • Room 7: Master Bedroom, 10x12, On Level: 1
  • Room 8: Bedroom, 10x10
  • Room 16: Bath - Full, On Level: Basement
  • Sq Ft - Apx Finished AG: 572
  • Sq Ft - Apx Total Finished: 572

Exterior Features

  • Building Number: 2
  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Stucco
  • Foundation: Concrete
  • Road Frontage: TBD
  • Roads: Public
  • Roof: Shingle - Other

Garage/Parking

  • Garage Description: Unassigned

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Gas - Natural
  • Heating Fuel: Gas - Natural
  • Heating: Hot Water

Condo/Co-op/Association

  • Amenities: Pool - Outdoor
  • HOA Fee Frequency: Monthly
  • Fee: 326
  • Fees 2: 326
  • Condo Name: Lancelot Court
  • Fee Includes Legacy: Heat, Hot Water, Landscaping, Plowing, Recreation, Sewer, Trash, Water

Schools

  • School District: Salem
  • Elementary School: Soule School
  • High School: Salem High School

Lot Info

  • Lot Description: Condo Development
  • Surveyed: Unknown
  • Zoning: RESIDENTIAL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2021
Closed on
Jul 28, 2021
Sold by
1-3 Lancelot Ct Llc
Bought by
Cai Ya
Seller's Agent
Kelsey Nippe
NH Home Team
Buyer's Agent
Nancy Bilodeau
NH Realty Group of New England, LLC
List Price
$124,900
Sold Price
$140,000
Premium/Discount to List
$15,100
12.09%
Current Estimated Value
$201,366

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,366
Avg. Annual Appreciation
9.49%

Purchase Details

Listed on
Jul 29, 2015
Closed on
Dec 17, 2015
Sold by
Fnma
Bought by
1 & 3 Lancelot Ct Llc
Seller's Agent
Josh Naughton Team
RE/MAX Innovative Properties
Buyer's Agent
Kelsey Nippe
NH Home Team
List Price
$79,900
Sold Price
$58,500
Premium/Discount to List
-$21,400
-26.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.80%
Original Mortgage
$43,875
Interest Rate
3.89%

Purchase Details

Closed on
Apr 17, 2015
Sold by
Zarrella Donna M
Bought by
Fnma
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 Type Sale Price Title Company
Warranty Deed $140,000 None Available
Not Resolvable $28,666 --
Foreclosure Deed $11,578 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $43,875 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2021 07/30/21 Sold $140,000 +12.1% $245 / Sq Ft
07/09/2021 07/09/21 Pending -- -- --
07/07/2021 07/07/21 For Sale $124,900 +113.5% $218 / Sq Ft
12/16/2015 12/16/15 Sold $58,500 -26.8% $102 / Sq Ft
10/25/2015 10/25/15 Pending -- -- --
07/29/2015 07/29/15 For Sale $79,900 -- $140 / Sq Ft
Source: PrimeMLS

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
2024 $1,955 $111,100 $0 $111,100
2023 $1,884 $111,100 $0 $111,100
2022 $1,783 $111,100 $0 $111,100
2021 $1,775 $111,100 $0 $111,100
2020 $1,392 $63,200 $0 $63,200
2019 $1,389 $63,200 $0 $63,200
2018 $1,366 $63,200 $0 $63,200
2017 $1,317 $63,200 $0 $63,200
2016 $1,291 $63,200 $0 $63,200
2015 $954 $44,600 $0 $44,600
2014 $927 $44,600 $0 $44,600
2013 $913 $44,600 $0 $44,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4441573

PrimeMLS

APN: SLEM-000117-008879-000003