NOT LISTED FOR SALE

Estimated Value: $309,000 - $368,300

1 Bed
1 Bath
755 Sq Ft
3,920 Sq Ft Lot

Last Sold May 03, 2017

Last sale price $185,000 $245 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $2,229/month

13 Days on Market

About This Home

As of May 2017

Fabulous updated first floor one-bedroom condo is the perfect for those tired of sky high rents or as an investment property. Located on a quiet, residential side street in South Salem. This condo features an open floor plan, high ceilings, and an abundance of light. The updated kitchen and bathroom feature slate floors, newer cabinetry, and stainless steel appliances. The low condo fee of $196 includes heat and hot water. You can't go wrong with the value of this unit...for as little as 1% down for qualified buyers. Located within minutes from commuter line train to Boston, Salem State University, Forest River Park, harbor, and many of Downtown Salem's cultural and nightlife attractions.

Last Listed By

Tyson Lynch

The Proper Nest Real Estate Listed on: 02/28/2017

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,552

Year Built

1920

Lot Details

0

Listing Details

  • Unit Level: 1
  • Unit Placement: Ground
  • Property Type: Condominium/Co-Op
  • Lead Paint: Unknown
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1920

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 4
  • Amenities: Public Transportation, Shopping, Swimming Pool, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, House of Worship, Marina, Public School, T-Station, University
  • Energy: Insulated Windows
  • Flooring: Hardwood, Stone / Slate
  • Kitchen: First Floor, 11X12
  • Laundry Room: Basement
  • Living Room: First Floor, 13X15
  • Master Bedroom: First Floor, 12X15
  • Master Bedroom Description: Flooring - Hardwood
  • Oth1 Room Name: Office
  • Oth1 Dimen: 9X11
  • Oth1 Dscrp: Flooring - Hardwood, Open Floor Plan
  • Oth1 Level: First Floor
  • No Living Levels: 1

Exterior Features

  • Exterior: Wood
  • Exterior Unit Features: Porch
  • Beach Ownership: Public

Garage/Parking

  • Parking: On Street Permit
  • Parking Spaces: 0

Utilities

  • Cooling: Window AC
  • Heating: Hot Water Baseboard, Oil
  • Heat Zones: 1
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Condominium Name: Linden Tree Condominium
  • Association Fee Includes: Heat, Hot Water, Master Insurance, Exterior Maintenance, Landscaping, Extra Storage
  • Management: Owner Association
  • No Units: 4
  • Unit Building: 1L

Fee Information

  • Fee Interval: Monthly

Lot Info

  • Assessor Parcel Number: M:33 L:0349 S:801
  • Zoning: R2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2017
Closed on
May 3, 2017
Sold by
Toro Yamilet
Bought by
Kodiattu Ebbie
Seller's Agent
Tyson Lynch
The Proper Nest Real Estate
Buyer's Agent
Janine Wuschke
Keller Williams Realty
List Price
$189,000
Sold Price
$185,000
Premium/Discount to List
-$4,000
-2.12%
Total Days on Market
13
Current Estimated Value
$345,325

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,325
Avg. Annual Appreciation
8.05%
Original Mortgage
$166,500
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 16, 2004
Sold by
Holloran Jeffrey E
Bought by
Toro Yamilet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
5.58%
Mortgage Type
Purchase Money Mortgage

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
Kodiattu Ebbie $185,000 --
Toro Yamilet $185,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kodiattu Ebbie $165,000
Closed Kodiattu Ebbie $166,500
Previous Owner Toro Yamilet $142,000
Previous Owner Toro Yamilet $130,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2017 05/03/17 Sold $185,000 -2.1% $245 / Sq Ft
03/13/2017 03/13/17 Pending -- -- --
02/28/2017 02/28/17 For Sale $189,000 -- $250 / 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 $3,552 $313,200 $0 $313,200
2024 $3,458 $297,600 $0 $297,600
2023 $3,285 $262,600 $0 $262,600
2022 $3,185 $240,400 $0 $240,400
2021 $3,233 $234,300 $0 $234,300
2020 $3,167 $219,200 $0 $219,200
2019 $3,008 $199,200 $0 $199,200
2018 $2,795 $181,700 $0 $181,700
2017 $2,741 $172,800 $0 $172,800
2016 $2,592 $165,400 $0 $165,400
2015 $2,594 $158,100 $0 $158,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72124316

MLS Property Information Network (MLS PIN)

APN: SALE-000033-000000-000349-000801-000801