NOT LISTED FOR SALE

Estimated Value: $313,000 - $368,445

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

Last Sold July 21, 2020

Last sale price $230,000 $342 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $2,122/month

25 Days on Market

About This Home

As of July 2020

Why rent when you can own!? What an opportunity to build some equity in a great neighborhood and pet friendly building! This 1-bedroom condo offers an expansive semi-finished basement space that nearly doubles the amount of living space, a great space to set up a den, workshop, or studio (or all three!). The first floor has tasteful details throughout, with hardwood floors, updated windows, and is soaked in natural light. The back porch is exclusive to this unit, the perfect spot for an intimate summer cookout. Located between Forest River Park and downtown Salem, this spot gets the best of both worlds, beach during the day, and (once the world returns to normal) going out at night! This rare kind of spacious one bedroom will not last long, so schedule your showing today!

Last Agent to Sell the Property

Michelle Bettencourt

Nina-Soto Realty, LLC Listed on: 05/20/2020

Last Buyer's Agent

Sean Connolly

RE/MAX 360

RE/MAX 360

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,502

Year Built

  • Built in 1920

Lot Details

  • 3,920

Kitchen

  • Microwave

Flooring

  • Wood
  • Vinyl

Laundry

  • Dryer
  • Washer

Utilities

  • Window Unit Cooling System
  • Hot Water Baseboard Heater
  • Heating System Uses Oil
  • Cable TV Available

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:33 L:0349 S:802

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,502

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Garden
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 319.94
  • Comp Based On: Net Sale Price
  • Year Built: 1920
  • Lead Paint: Unknown
  • Unit Building: 1R
  • Unit Level: 1
  • Unit Placement: Street
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1920

Interior Features

  • Flooring: Wood, Vinyl
  • Interior Amenities: Cable Available
  • Appliances: Microwave, Refrigerator, Washer, Dryer
  • No Bedrooms: 1
  • Master Bedroom: On Level: First Floor, Closet, Flooring - Hardwood
  • Full Bathrooms: 1
  • Bathroom 1: On Level: First Floor
  • No Rooms: 4
  • Family Room: On Level: Basement, Open Floor Plan, Recessed Lighting, Flooring - Concrete
  • Kitchen: On Level: First Floor, Ceiling Fan(s), Flooring - Vinyl
  • Laundry: On Level: Basement
  • Living Room: On Level: First Floor, Flooring - Hardwood, Window(s) - Bay/Bow/Box
  • Basement: Y
  • No Living Levels: 2
  • Main Lo: C95243
  • Main So: AN4305
  • Estimated Sq Ft: 672.00

Exterior Features

  • Beachfront Flag: Yes
  • Beach Miles To: 3/10 to 1/2 Mile
  • Exterior: Wood
  • Exterior Unit Features: Porch

Garage/Parking

  • Parking Feature: On Street Permit

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Cooling: Window AC
  • Heating: Hot Water Baseboard, Oil
  • Utility Connections: for Electric Range, for Electric Oven

Condo/Co-op/Association

  • Fee Interval: Monthly
  • Amenities: Public Transportation, Shopping, Park, Bike Path, House of Worship, Public School
  • HOA Fees: 187.00
  • Association Fee Includes: Heat, Hot Water, Electric, Water, Sewer, Master Insurance
  • Condo Association: Yes
  • Management: Owner Association

Lot Info

  • Assessments: 225500.00
  • Acre: 0.09
  • Lot Size: 4125.00
  • Page: 406
  • Parcel Number: M:33 L:0349 S:802
  • Zoning: R2

Green Features

  • Energy Features: Insulated Windows

Tax Info

  • Taxes: 3258.00
  • Assessor Parcel Number: 2134932

Multi Family

  • No Units: 4
  • No Units Owner Occ: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2020
Closed on
Jul 20, 2020
Sold by
Bodek Christopher and Bodek Justine
Bought by
Jones Janieka
Seller's Agent
Michelle Bettencourt
Nina-Soto Realty, LLC
Buyer's Agent
Sean Connolly
RE/MAX 360
List Price
$215,000
Sold Price
$230,000
Premium/Discount to List
$15,000
6.98%
Current Estimated Value
$346,611

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,611
Avg. Annual Appreciation
8.26%
Original Mortgage
$218,500
Outstanding Balance
$194,613
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$151,998

Purchase Details

Listed on
Apr 6, 2016
Closed on
Aug 12, 2016
Sold by
King-Fargo Karyn and Fargo Eric L
Bought by
Bodek Christopher
Seller's Agent
The Mitchell Team
Keller Williams Realty Evolution
Buyer's Agent
Michelle Bettencourt
Nina-Soto Realty, LLC
List Price
$194,900
Sold Price
$187,000
Premium/Discount to List
-$7,900
-4.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.39%
Original Mortgage
$177,650
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 27, 2007
Sold by
Diana Alexander J
Bought by
Fargo Karyn King

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,400
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 8, 2004
Sold by
Holloran Jeffrey E
Bought by
Diana Alexander J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
5.62%
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
Jones Janieka $230,000 None Available
Bodek Christopher $187,000 --
Fargo Karyn King $198,000 --
Diana Alexander J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Janieka $218,500
Previous Owner Bodek Christopher $177,650
Previous Owner Diana Alexander J $158,400
Previous Owner Diana Alexander J $39,600
Previous Owner Diana Alexander J $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2020 07/21/20 Sold $230,000 +7.0% $342 / Sq Ft
06/14/2020 06/14/20 Pending -- -- --
06/09/2020 06/09/20 Price Changed $215,000 0.0% $320 / Sq Ft
06/09/2020 06/09/20 For Sale $215,000 -4.0% $320 / Sq Ft
05/29/2020 05/29/20 Pending -- -- --
05/20/2020 05/20/20 For Sale $224,000 +19.8% $333 / Sq Ft
08/12/2016 08/12/16 Sold $187,000 -4.1% $278 / Sq Ft
06/27/2016 06/27/16 Pending -- -- --
06/11/2016 06/11/16 Price Changed $194,900 0.0% $290 / Sq Ft
06/11/2016 06/11/16 For Sale $194,900 -2.5% $290 / Sq Ft
06/02/2016 06/02/16 Pending -- -- --
04/06/2016 04/06/16 For Sale $199,900 -- $297 / 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 $3,502 $308,800 $0 $308,800
2024 $3,450 $296,900 $0 $296,900
2023 $3,295 $263,400 $0 $263,400
2022 $3,144 $237,300 $0 $237,300
2021 $3,329 $241,200 $0 $241,200
2020 $3,258 $225,500 $0 $225,500
2019 $3,094 $204,900 $0 $204,900
2018 $2,871 $186,700 $0 $186,700
2017 $2,815 $177,500 $0 $177,500
2016 $2,664 $170,000 $0 $170,000
2015 $2,667 $162,500 $0 $162,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72658940

MLS Property Information Network (MLS PIN)

APN: SALE-000033-000000-000349-000802-000802