$232,000
SOLD OCT 20, 2016
2 Beds
2 Baths
901 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$257 Per Sq Ft

1% Below List Price

57 Days on Market

About This Home

As of April 2019

Salem State University, T-Station, Town, Park, Harbor all nearby...talk about Location! . Move into this conveniently located two bedroom, two bath penthouse condo. Enjoy the top floor with private deck. Kitchen has granite counter tops and stainless steel appliances w/pantry. Gleaming hardwood floors throughout. Basement storage and one car deeded off-street parking. Historic Salem offers Restaurants, Shopping, Public Transportation, including Bus & Ferry., 33 minute Train ride to Boston, Condo could be divided with shared kitchen. Collins Beach 11 min (1.9 mi) via Lafayette St.

Last Agent to Sell the Property

Marion Cahoon

Coldwell Banker Realty Listed on: 07/11/2016

Coldwell Banker Realty

Last Buyer's Agent

Tyson Lynch

The Proper Nest Real Estate

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,491

Year Built

1905

Lot Details

0

Listing Details

  • Unit Level: 3
  • Unit Placement: Top/Penthouse
  • Property Type: Condominium/Co-Op
  • Commission: 2.00
  • Other Agent: 2.00
  • Seller Agency: 2.00
  • Sub-Agency Relationship Offered: Yes
  • Lead Paint: Unknown
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1905

Interior Features

  • Appliances: Range, Dishwasher, Disposal, Refrigerator
  • Has Basement: Yes
  • Primary Bathroom: Yes
  • Number of Rooms: 7
  • Amenities: Public Transportation, Shopping, Park, Medical Facility, T-Station, University
  • Electric: Circuit Breakers
  • Bedroom 2: Third Floor
  • Kitchen: Third Floor
  • Laundry Room: Third Floor
  • Living Room: Third Floor
  • Master Bedroom: Third Floor
  • Master Bedroom Description: Bathroom - Full, Closet - Walk-in, Flooring - Hardwood
  • Oth1 Dscrp: Balcony / Deck
  • Oth1 Level: Third Floor
  • No Living Levels: 3

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Exterior Unit Features: Porch
  • Beach Ownership: Public

Garage/Parking

  • Parking: Off-Street, Assigned
  • Parking Spaces: 1

Utilities

  • Heating: Forced Air, Oil
  • Heat Zones: 1
  • Hot Water: Oil
  • Utility Connections: Washer Hookup
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Condominium Name: 10 Hersey Street Comdominium
  • Association Fee Includes: Water, Sewer, Master Insurance, Landscaping, Snow Removal
  • No Units: 3
  • Unit Building: 3

Fee Information

  • Fee Interval: Monthly

Schools

  • High School: Salem High

Lot Info

  • Assessor Parcel Number: M:33 L:0044 S:803
  • Zoning: R2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2019
Closed on
Apr 9, 2019
Sold by
Dansdill Emily A
Bought by
621 Condo T and Singleton
Seller's Agent
Tyson Lynch
The Proper Nest Real Estate
Buyer's Agent
Mitchell Rosenwald
RE/MAX 360
List Price
$299,000
Sold Price
$285,000
Premium/Discount to List
-$14,000
-4.68%
Current Estimated Value
$449,884

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,884
Avg. Annual Appreciation
7.41%
Original Mortgage
$219,750
Outstanding Balance
$194,766
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$253,004

Purchase Details

Closed on
Aug 24, 2007
Sold by
Restoration Re Llc
Bought by
Schettino Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Condominium Deed $285,000 --
Deed $240,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $219,750 New Conventional
Previous Owner $223,000 New Conventional
Previous Owner $220,400 New Conventional
Previous Owner $211,848 No Value Available
Previous Owner $228,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2019 04/11/19 Sold $285,000 -4.7% $316 / Sq Ft
02/22/2019 02/22/19 Pending -- -- --
02/12/2019 02/12/19 For Sale $299,000 +28.9% $332 / Sq Ft
10/20/2016 10/20/16 Sold $232,000 -1.1% $257 / Sq Ft
09/06/2016 09/06/16 Pending -- -- --
07/27/2016 07/27/16 For Sale $234,500 0.0% $260 / Sq Ft
07/21/2016 07/21/16 Pending -- -- --
07/11/2016 07/11/16 For Sale $234,500 0.0% $260 / Sq Ft
09/12/2012 09/12/12 Rented $1,500 0.0% --
09/12/2012 09/12/12 For Rent $1,500 -- --
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 $4,491 $396,000 $0 $396,000
2024 $4,371 $376,200 $0 $376,200
2023 $4,238 $338,800 $0 $338,800
2022 $4,100 $309,400 $0 $309,400
2021 $4,035 $292,400 $0 $292,400
2020 $3,981 $275,500 $0 $275,500
2019 $3,869 $256,200 $0 $256,200
2018 $3,585 $233,100 $0 $233,100
2017 $3,515 $221,600 $0 $221,600
2016 $3,325 $212,200 $0 $212,200
2015 $3,328 $202,800 $0 $202,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72035899

MLS Property Information Network (MLS PIN)

APN: SALE-000033-000000-000044-000803-000803