$38,000
SOLD JAN 11, 2016
-- Bed
-- Bath
295 Sq Ft
1,742 Sq Ft Lot

Recently Sold

$129 Per Sq Ft

31% Below List Price

68 Days on Market

About This Home

As of January 2016

Studio apartment in a commutable location. Oak cabinets and tile flooring throughout. Full bath. Built in 1972. Laundry room in building. Great location. Close to shopping, amenities and highways.

Last Agent to Sell the Property

Steve Cotran

RE/MAX Area Real Estate Network LTD License #008985 Listed on: 09/18/2015

RE/MAX Area Real Estate Network LTD

Last Buyer's Agent

Henry Matos

Coldwell Banker Realty Salem License #068595

Coldwell Banker Realty Salem

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,236

Year Built

  • 1972

Parking

  • Paved Parking

Home Design

  • Brick Exterior Construction
  • Concrete Foundation
  • Shingle Roof

Interior Spaces

  • 295 Sq Ft Home
  • 1-Story Property

Utilities

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

Community Details

  • Lancelot Court Condominiu Condos

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • 27% Total Tax Rate

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,236

Year Built

1972

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Flood Zone: Unknown
  • Units per Building: 20
  • Assessment Year: 2014
  • Construction: Existing
  • Foreclosedbank Ownedreo: Yes
  • Seasonal: Unknown
  • Total Stories: 1
  • Special Features: 20
  • Property Sub Type: Condos
  • Stories: 1
  • Year Built: 1972

Interior Features

  • Basement Description: Slab
  • Sq Ft - Apx Finished AG: 295
  • Sq Ft - Apx Total Finished: 295

Exterior Features

  • Driveway: Paved
  • Exterior: Brick
  • Foundation: Concrete
  • Road Frontage: TBD
  • Roads: Public
  • Roof: Shingle - Other

Utilities

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

Condo/Co-op/Association

  • Fee: 194
  • Condo Name: Lancelot Court Condominiu

Lot Info

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

Tax Info

  • Tax Rate: 27

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 14, 2015
Sold by
Moore Heather E
Bought by
Fhlmc
Current Estimated Value
$193,997

Purchase Details

Closed on
Feb 1, 2006
Sold by
Gervais Kevin and Gervais Kelley
Bought by
Moore Heather E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,750
Interest Rate
6.31%
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Foreclosure Deed $79,146 --
Warranty Deed $58,800 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $58,750 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/08/2016 02/08/16 Rented $750 0.0% --
02/04/2016 02/04/16 Under Contract -- -- --
01/13/2016 01/13/16 For Rent $750 0.0% --
01/11/2016 01/11/16 Sold $38,000 -30.8% $129 / Sq Ft
11/25/2015 11/25/15 Pending -- -- --
09/18/2015 09/18/15 For Sale $54,900 -- $186 / 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 $1,236 $70,200 $0 $70,200
2023 $1,191 $70,200 $0 $70,200
2022 $1,127 $70,200 $0 $70,200
2021 $1,122 $70,200 $0 $70,200
2020 $896 $40,700 $0 $40,700
2019 $895 $40,700 $0 $40,700
2018 $880 $40,700 $0 $40,700
2017 $848 $40,700 $0 $40,700
2016 $832 $40,700 $0 $40,700
2015 $659 $30,800 $0 $30,800
2014 $640 $30,800 $0 $30,800
2013 $630 $30,800 $0 $30,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4451608

PrimeMLS

APN: SLEM-000117-008879-000004