NOT LISTED FOR SALE

Estimated Value: $505,000 - $571,000

2 Beds
1 Bath
1,045 Sq Ft
1980 Built

Last Sold October 03, 2016

Last sale price $271,400 $260 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $3,279/month

15 Days on Market

About This Home

As of October 2016

Enjoy the sights, sounds and views of Salem's Historic Derby Wharf from the deck of this centrally located Pickering Wharf Unit. This 2 bedroom townhouse offers ocean views and the “Friendship” when you wake up as well as central air, hardwood floors, beamed ceilings and a fireplace in the living room. This unit also includes washer and dryer hook ups and a 1 car deeded parking. Vacation year round from this exciting location. Please contact listing agent for financing options and information on this unit as well as the expenses included in the association fee. Flood insurance additional.

Last Agent to Sell the Property

George Fallon

Tache Real Estate, Inc. Listed on: 07/31/2016

Last Buyer's Agent

Alle and Anne

J. Barrett & Company

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,278

Year Built

1980

Lot Details

0

Listing Details

  • Unit Level: 2
  • Property Type: Condominium/Co-Op
  • Other Agent: 1.00
  • Lead Paint: Unknown
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1980

Interior Features

  • Appliances: Range, Dishwasher, Disposal, Refrigerator
  • Fireplaces: 1
  • Has Basement: No
  • Fireplaces: 1
  • Number of Rooms: 5
  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Marina, Public School, T-Station, University
  • Flooring: Wood
  • Bedroom 2: Fourth Floor
  • Bathroom #1: Third Floor
  • Kitchen: Second Floor
  • Laundry Room: Third Floor
  • Living Room: Second Floor
  • Master Bedroom: Third Floor
  • Dining Room: Second Floor
  • No Living Levels: 3

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Waterfront Property: Yes
  • Construction: Frame
  • Exterior: Clapboard
  • Exterior Unit Features: Balcony
  • Waterfront: Ocean, Harbor
  • Beach Ownership: Public
  • Waterview Flag: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Heat Pump
  • Hot Water: Natural Gas
  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Sewage District: Essex

Condo/Co-op/Association

  • Condominium Name: Pickering Wharf
  • Association Fee Includes: Water, Sewer, Master Insurance, Exterior Maintenance, Road Maintenance, Landscaping, Snow Removal, Extra Storage, Refuse Removal
  • Pets Allowed: Yes w/ Restrictions
  • No Units: 55
  • Unit Building: A6

Fee Information

  • Fee Interval: Monthly

Lot Info

  • Assessor Parcel Number: 34-0408-808
  • Zoning: Res

Multi Family

  • Waterview: Harbor, Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2016
Closed on
Oct 3, 2016
Sold by
Marrs Albert D Est
Bought by
Krall Alexander R
Seller's Agent
George Fallon
Tache Real Estate, Inc.
Buyer's Agent
Alle and Anne
J. Barrett & Company
List Price
$259,900
Sold Price
$271,400
Premium/Discount to List
$11,500
4.42%
Current Estimated Value
$537,630

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$266,230
Avg. Annual Appreciation
7.66%
Original Mortgage
$105,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 19, 2015
Closed on
Sep 30, 2015
Sold by
Thomas Darrell R
Bought by
Marrs Albert D
Seller's Agent
Maggie Gibson
MerryFox Realty
Buyer's Agent
George Fallon
Tache Real Estate, Inc.
List Price
$259,900
Sold Price
$259,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.38%
Original Mortgage
$207,920
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 6, 2007
Sold by
Zadra 3Rd Louis J
Bought by
Thomas Darrell Ray

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,200
Interest Rate
6.43%
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
Krall Alexander R $271,400 --
Marrs Albert D $259,900 --
Thomas Darrell Ray $279,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Krall Alexander R $200,000
Closed Krall Alexander R $105,000
Previous Owner Marrs Albert D $207,920
Previous Owner Thomas Darrell Ray $223,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/03/2016 10/03/16 Sold $271,400 +4.4% $260 / Sq Ft
08/15/2016 08/15/16 Pending -- -- --
07/31/2016 07/31/16 For Sale $259,900 0.0% $249 / Sq Ft
09/30/2015 09/30/15 Sold $259,900 0.0% $249 / Sq Ft
09/22/2015 09/22/15 Pending -- -- --
08/14/2015 08/14/15 Off Market $259,900 -- --
06/19/2015 06/19/15 For Sale $259,900 -- $249 / 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 $5,278 $465,400 $0 $465,400
2024 $5,192 $446,800 $0 $446,800
2023 $4,700 $375,700 $0 $375,700
2022 $4,410 $332,800 $0 $332,800
2021 $4,286 $310,600 $0 $310,600
2020 $4,371 $302,500 $0 $302,500
2019 $4,130 $273,500 $0 $273,500
2018 $3,819 $248,300 $0 $248,300
2017 $3,835 $241,800 $0 $241,800
2016 $3,833 $244,600 $0 $244,600
2015 $3,843 $234,200 $0 $234,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72046562

MLS Property Information Network (MLS PIN)

APN: SALE-000034-000000-000408-000808-000808