NOT LISTED FOR SALE

Estimated Value: $675,000 - $842,000

3 Beds
2 Baths
1,634 Sq Ft
0.25 Acres

Last Sold October 30, 2020

Last sale price $522,000 $319 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $4,565/month

8 Days on Market

About This Home

As of October 2020

This spectacular 3BD/2BA top-floor Salem condo casts an irresistible spell with old-world charm and modern updates. The 1634SF home opens with a corner living room featuring vaulted open trellis ceilings, inlaid hardwood floors and a stately fireplace. A large dining area leads to a beautiful updated open kitchen with a granite breakfast bar, abundant cabinetry and stainless steel appliances. The expansive owner's suite dazzles with a huge walk-in closet and an en suite bathroom. Two spacious and bright secondary bedrooms share another well-appointed full bathroom. A large private porch, off-street parking and an in-unit washer-dryer add comfort and ease to this tranquil home. Located on a quaint tree-lined street in historic Salem, this home offers easy access to outdoor space, including Salem Common. Local shopping, dining and nightlife are within easy reach in this walkable neighborhood. There's ample bus service, and the MBTA Newburyport/Rockport Line reaches Boston in under an hr.

Last Agent to Sell the Property

Erica Covelle

Compass Listed on: 09/10/2020

Compass

Last Buyer's Agent

Susan Sinrich

Conway - Swampscott

Conway - Swampscott

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,344

Year Built

  • Built in 1805

Lot Details

  • 0.25

Kitchen

  • Range
  • Dishwasher
  • Disposal

Flooring

  • Wood Flooring

Schools

  • Salem High School

Utilities

  • Hot Water Baseboard Heater
  • Heating System Uses Gas
  • Natural Gas Water Heater
  • Cable TV Available

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:35 L:0531 S:805

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,344

Year Built

Built in 1805

Lot Details

0

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Garden
  • Other Agent: 1.00
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 324.30
  • Comp Based On: Gross/Full Sale Price
  • Year Built: 1805
  • Lead Paint: Unknown
  • Unit Building: 3A
  • Unit Level: 3
  • Unit Placement: Top/Penthouse
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1805

Interior Features

  • Fireplaces: 1
  • Flooring: Hardwood
  • Interior Amenities: Cable Available
  • Appliances: Range, Dishwasher, Disposal, Refrigerator
  • No Bedrooms: 3
  • Master Bedroom: On Level: Third Floor, Dimension: 24X12'4, Flooring - Wood
  • Bedroom 2: On Level: Second Floor, Dimension: 19'13X12'5, Flooring - Wood
  • Bedroom 3: On Level: Third Floor, Dimension: 10'5X10, Flooring - Wood
  • Full Bathrooms: 2
  • Bathroom 1: On Level: Third Floor, Dimension: 12'4X10'5
  • Bathroom 2: On Level: Third Floor, Dimension: 8'2X8'11, Bathroom - Full
  • Bathroom 3: Bathroom - Full
  • No Rooms: 7
  • Dining Room: On Level: Third Floor, Dimension: 13'7X11'11, Flooring - Wood
  • Kitchen: On Level: Third Floor, Dimension: 16X13'6, Flooring - Wood
  • Laundry: On Level: Third Floor
  • Living Room: On Level: Third Floor, Dimension: 16'6X15, Ceiling - Beamed, Flooring - Wood
  • Basement: Y
  • No Living Levels: 3
  • Main Lo: AN2383
  • Main So: A14050
  • Estimated Sq Ft: 1634.00

Exterior Features

  • Construction: Frame
  • Exterior: Clapboard, Wood
  • Exterior Unit Features: Deck

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers
  • Heating: Hot Water Baseboard, Gas
  • Heat Zones: 2
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range, for Gas Dryer, Washer Hookup

Condo/Co-op/Association

  • Fee Interval: Monthly
  • Amenities: Public Transportation, Shopping
  • HOA Fees: 308.00
  • Association Fee Includes: Water, Sewer, Master Insurance, Exterior Maintenance, Landscaping, Snow Removal
  • Condo Association: Yes
  • Management: Owner Association

Association/Amenities

  • Condominium Name: Putnam Masury Condominiums

Schools

  • Elementary School: Carlton
  • Middle School: Collins Middle
  • High School: Salem High

Lot Info

  • Assessments: 490100.00
  • Acre: 0.25
  • Lot Size: 11003.00
  • Page: 14
  • Parcel Number: M:35 L:0531 S:805
  • Zoning: R2

Tax Info

  • Taxes: 7082.00
  • Assessor Parcel Number: 4421233
  • Tax Year: 2020

Multi Family

  • No Units: 8
  • No Units Owner Occ: 8

MLS Schools

  • Grade School: Carlton
  • High School: Salem High
  • Middle School: Collins Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2020
Closed on
Oct 29, 2020
Sold by
Carl Martha J and Downing Nicholas J
Bought by
Demaso Michael J and Poltack Stacey E
Seller's Agent
Erica Covelle
Compass
Buyer's Agent
Susan Sinrich
Conway - Swampscott
List Price
$529,900
Sold Price
$522,000
Premium/Discount to List
-$7,900
-1.49%
Current Estimated Value
$748,475

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$226,475
Avg. Annual Appreciation
6.51%
Original Mortgage
$417,600
Outstanding Balance
$374,980
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$336,178

Purchase Details

Listed on
Feb 22, 2016
Closed on
Mar 31, 2016
Sold by
Grieb Garrett and Grieb Svenja
Bought by
Carl Martha J and Downing Nicholas J
Seller's Agent
Merry Fox Team
MerryFox Realty
Buyer's Agent
Erica Covelle
Compass
List Price
$439,000
Sold Price
$439,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.84%
Original Mortgage
$401,500
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 10, 2015
Closed on
Aug 17, 2015
Sold by
Goncalves James N and Mcinnis Tara L
Bought by
Grieb Garrett and Grieb Svenja
Seller's Agent
Merry Fox Team
MerryFox Realty
Buyer's Agent
Merry Fox Team
MerryFox Realty
List Price
$419,000
Sold Price
$417,000
Premium/Discount to List
-$2,000
-0.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.65%

Purchase Details

Closed on
Oct 12, 2004
Sold by
Freeland-Heiskell Erin and Heiskell Robert Andrew
Bought by
Mcinnis Tara L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
5.84%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 27, 2002
Sold by
Bailey James A
Bought by
Heiskell Robert Andrew and Freeland-Heiskell Erin
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
Demaso Michael J $522,000 None Available
Carl Martha J $439,000 --
Grieb Garrett $417,000 --
Mcinnis Tara L $450,000 --
Heiskell Robert Andrew $324,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Demaso Michael J $417,600
Previous Owner Carl Martha J $401,500
Previous Owner Heiskell Robert Andrew $230,000
Previous Owner Heiskell Robert Andrew $284,000
Previous Owner Heiskell Robert Andrew $284,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2020 10/30/20 Sold $522,000 -1.5% $319 / Sq Ft
09/18/2020 09/18/20 Pending -- -- --
09/10/2020 09/10/20 For Sale $529,900 +20.7% $324 / Sq Ft
03/31/2016 03/31/16 Sold $439,000 0.0% $269 / Sq Ft
02/25/2016 02/25/16 Pending -- -- --
02/22/2016 02/22/16 For Sale $439,000 +5.3% $269 / Sq Ft
08/17/2015 08/17/15 Sold $417,000 0.0% $255 / Sq Ft
07/20/2015 07/20/15 Pending -- -- --
07/13/2015 07/13/15 Off Market $417,000 -- --
07/10/2015 07/10/15 For Sale $419,000 -- $256 / 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 $7,344 $647,600 $0 $647,600
2024 $7,242 $623,200 $0 $623,200
2023 $7,043 $563,000 $0 $563,000
2022 $6,818 $514,600 $0 $514,600
2021 $7,401 $536,300 $0 $536,300
2020 $7,082 $490,100 $0 $490,100
2019 $6,765 $448,000 $0 $448,000
2018 $6,433 $418,300 $0 $418,300
2017 $6,361 $401,100 $0 $401,100
2016 $5,677 $362,300 $0 $362,300
2015 -- $343,500 $0 $343,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72724248

MLS Property Information Network (MLS PIN)

APN: SALE-000035-000000-000531-000805-000805