NOT LISTED FOR SALE

103-105 Loring Ave Unit 1 Salem, MA 01970

South Salem Neighborhood

Estimated Value: $423,000 - $446,381

2 Beds
1 Bath
940 Sq Ft
$150/mo HOA Fee

Last Sold November 10, 2022

Last sale price $389,000 $414 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,832/month

38 Days on Market

Highlights

  • Medical Services
  • Property is near public transit
  • Solid Surface Countertops
  • Open Floorplan
  • Wood Flooring
  • Community Pool

About This Home

As of November 2022

Second chances don't come around often! Buyer got cold feet. The value is here and plenty of programs to get you in a comfortable spot. Conveniently located near downtown Salem, the MBTA commuter rail, Salem State University and Forest River Park, this updated FIRST FLOOR 2-bedroom condo boasts plenty of space and is absolutely move-in-ready. Highlights include an OPEN CONCEPT living/dining/kitchen, stainless-steel appliances and gas cooking. GLEAMING HARDWOOD FLOORS! Modern spa like bathroom with high end finishes. Both bedrooms are good size with plenty of closet space! This PET FRIENDLY home has it all, including: low condo fees ($150), off street parking and common yard space. Nothing to do but unpack and enjoy!

Last Agent to Sell the Property

The Mavroules Team

Good Deeds Realty Partners Listed on: 09/08/2022

Last Buyer's Agent

Maria Salzillo

J. Barrett & Company

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,341

Year Built

  • Built in 1915 | Remodeled

Lot Details

  • 4,704

HOA Fees

  • $150 Monthly HOA Fees

Home Design

  • Garden Home
  • Entry on the 1st floor
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 940 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Basement
  • Laundry in Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Home Security

Parking

  • 1 Car Parking Space
  • Off-Street Parking

Outdoor Features

  • Porch

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Window Unit Cooling System
  • Heating System Uses Oil
  • Natural Gas Connected

Listing and Financial Details

  • Assessor Parcel Number 2133833

Community Details

Overview

  • Association fees include water, sewer, insurance, ground maintenance, snow removal, trash, reserve funds
  • 3 Units
  • Loring Ave Condominiums Community

Amenities

  • Medical Services
  • Shops
  • Laundry Facilities

Recreation

  • Community Pool
  • Park
  • Jogging Path

Pet Policy

  • Pets Allowed

Security

  • Storm Windows

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,341

Year Built

Built in 1915 | Remodeled

Lot Details

0

HOA Fees

$150 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Garden
  • Year Built: 1915
  • Buyer Agency: 2
  • Entry Level: 1
  • Transaction Broker: 2
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Gross/Full Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Plans
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Tile, Hardwood
  • Entry Location: Unit Placement(Street,Walkout,Garden)
  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Microwave,Refrigerator, Utility Connections for Gas Oven
  • Total Bedrooms: 2
  • Room Bedroom2 Level: First
  • Room Bedroom2 Features: Flooring - Hardwood
  • Room Bedroom2 Area: 130
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Features: Flooring - Hardwood
  • Room Master Bedroom Level: First
  • Room Master Bedroom Area: 130
  • Room Dining Room Features: Flooring - Hardwood, Open Floorplan, Remodeled
  • Room Dining Room Level: Main
  • Room Dining Room Area: 156
  • Room Kitchen Level: Main
  • Room Kitchen Features: Flooring - Vinyl, Countertops - Stone/Granite/Solid, Remodeled
  • Room Kitchen Area: 132
  • Laundry Features: In Basement, In Building
  • Room Living Room Level: Main
  • Room Living Room Area: 144
  • Room Living Room Features: Flooring - Hardwood, Open Floorplan
  • Basement: Y
  • Living Area: 940
  • Stories Total: 1
  • Window Features: Storm Window(s)
  • MAIN LO: AN7338
  • LIST PRICE PER Sq Ft: 425.53
  • PRICE PER Sq Ft: 413.83
  • MAIN SO: C95243

Exterior Features

  • Construction Materials: Frame
  • Patio And Porch Features: Porch
  • Roof: Shingle
  • Waterfront Features: Beach Front, Ocean, River, 1 to 2 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Oven
  • Cooling: Window Unit(s)
  • Heating: Oil
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Laundry
  • Association Fee: 150
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Pool, Park, Walk/Jog Trails, Medical Facility, T-Station, University
  • UNIT BUILDING: 1
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Maintenance Grounds, Snow Removal, Trash, Reserve Funds

Lot Info

  • Parcel Number: 2133833
  • Zoning: Res
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • PAGE: 0
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2022
  • Tax Book Number: 0

Multi Family

  • Number Of Units Total: 3
  • Basement Included Sq Ft: No
  • NO UNITS OWNER OCC: 3

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2022 11/10/22 Sold $389,000 -2.7% $414 / Sq Ft
10/17/2022 10/17/22 Pending -- -- --
09/20/2022 09/20/22 Price Changed $399,999 -7.0% $426 / Sq Ft
09/08/2022 09/08/22 For Sale $429,900 -- $457 / 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 $4,341 $382,800 $0 $382,800
2024 $4,190 $360,600 $0 $360,600
2023 $4,002 $319,900 $0 $319,900
Source: Public Records

Agents Affiliated with this Home

  • The Mavroules Team

    Seller's Agent in 2022

    The Mavroules Team

    Good Deeds Realty Partners

    (781) 866-6195

    6 in this area

    140 Total Sales

    The Mavroules Team
    Section Image
  • Maria Salzillo

    Buyer's Agent in 2022

    Maria Salzillo

    J. Barrett & Company

    (508) 527-6910

    2 in this area

    121 Total Sales

    Maria Salzillo
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73034478

MLS Property Information Network (MLS PIN)

APN: SALE M:31 L:0093 S:801

Massachusetts Essex County Salem 01970 South Salem

103-105 Loring Ave Unit 1, Salem, MA

This home is located at 103-105 Loring Ave Unit 1, Salem, MA 01970 since 08 September 2022 and is currently estimated at $437,595, approximately $465 per square foot. This property was built in 1915. 103-105 Loring Ave Unit 1 is a home located in Essex County with nearby schools including Saltonstall School, Horace Mann Laboratory, and Carlton Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Property Information Network (MLS PIN) The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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