NOT LISTED FOR SALE

Estimated Value: $458,863 - $569,000

2 Beds
1 Bath
772 Sq Ft
7,144 Sq Ft Lot

Last Sold March 16, 2018

Last sale price $350,000 $453 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $3,063/month

Highlights

  • Marina
  • 7,171 Sq Ft lot
  • Wine Refrigerator
  • Medical Services
  • Property is near public transit
  • 4-minute walk to Collins Cove Park

About This Home

As of January 2024

Renovated in 2018, this beautiful 2 bed 1 bath end-unit features original antique architecture, soapstone mantle, exposed brick, original doors and moldings, plus open concept living area, high ceilings and hardwood floors throughout. The updated kitchen features shaker-style cabinetry, white marble countertops, and newer appliances. Oversized windows flood the space with natural light and offer water views of Collins Cove. Video door-bell, Bluetooth speakers, and smart thermostats to maximize efficient heating and A/C. Prime location is just blocks away from the commuter rail, ferry to Boston, Salem Common, Downtown Salem restaurants and shops. Tenant pays utilities.

Last Agent to Rent the Property

Munson Realty Group

Keller Williams Realty Evolution Listed on: 12/01/2023

Keller Williams Realty Evolution

Last Renter's Agent

Munson Realty Group

Keller Williams Realty Evolution Listed on: 12/01/2023

Keller Williams Realty Evolution

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,012

Year Built

  • Built in 1850

Lot Details

  • 7,144

Parking

  • 1 Car Parking Space

Home Design

  • 772 Sq Ft Home
  • Entry on the 1st floor

Kitchen

  • Range with Range Hood
  • Dishwasher
  • Wine Refrigerator

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Security Deposit $2,700
  • Property Available on 1/1/24
  • Rent includes water, sewer, extra storage
  • 6 Month Lease Term
  • Assessor Parcel Number 5033473

Community Details

Overview

  • Property has a Home Owners Association

Amenities

  • Medical Services
  • Common Area
  • Shops

Recreation

  • Marina
  • Park

Pet Policy

  • No Pets Allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$5,012

Year Built

Built in 1850

Lot Details

0

Rental Info

  • Pets Allowed: No
  • Available Date: 2024-01-01
  • Lease Term: Term of Rental(6)
  • Available Now: No
  • Deposit Required: Yes
  • FIRST MON REQD: Yes
  • INSURANCE REQD: Yes
  • LAST MON REQD: Yes
  • REFERENCES REQD: Yes
  • SEC DEPOSIT: 2700

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Condominium
  • Year Built: 1850
  • Entry Level: 1
  • Year Built Details: Renovated Since
  • Year Round: Yes
  • CoOp Comp: $500
  • ResoPropertyType: ResidentialLease
  • Special Features: None

Interior Features

  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Refrigerator,Washer,Dryer,Wine Refrigerator,Range Hood
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Laundry Features: In Unit
  • Living Area: 772
  • Spa YN: No
  • MAIN LO: C95098
  • MAIN SO: C95098

Exterior Features

  • Home Warranty YN: No
  • Waterfront Features: 1/10 to 3/10 To Beach
  • Waterfront YN: No
  • Waterview Flag: Yes

Garage/Parking

  • Total Parking Spaces: 1

Utilities

  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating YN: Yes

Condo/Co-op/Association

  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Park, Medical Facility, Highway Access, House of Worship, Marina, Private School, Public School, University
  • Rent Includes: Water, Sewer, Extra Storage
  • Senior Community YN: No

Lot Info

  • Parcel Number: 5033473
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 7171
  • Lot Size Units: Acres
  • OUTDOOR SPACE AVAILABLE: Yes - Common
  • ResoLotSizeUnits: Acres

Multi Family

  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2018
Closed on
Mar 16, 2018
Sold by
Copper Realty Llc
Bought by
Hastings-Cote Chelsea
Seller's Agent
Julianna Tache
Tache Real Estate, Inc.
Buyer's Agent
The Mavroules Team
Good Deeds Realty Partners
List Price
$350,000
Sold Price
$350,000
Current Estimated Value
$505,216

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,216
Avg. Annual Appreciation
4.93%
Original Mortgage
$332,500
Outstanding Balance
$283,838
Interest Rate
4.22%
Mortgage Type
New Conventional
Estimated Equity
$221,378
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
Hastings-Cote Chelsea $350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hastings-Cote Chelsea $332,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/01/2024 01/01/24 Rented $2,700 0.0% --
12/16/2023 12/16/23 Under Contract -- -- --
12/01/2023 12/01/23 For Rent $2,700 0.0% --
03/16/2018 03/16/18 Sold $350,000 0.0% $453 / Sq Ft View Prior Sale
01/26/2018 01/26/18 Pending -- -- --
01/26/2018 01/26/18 For Sale $350,000 -- $453 / 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 $5,012 $442,000 $0 $442,000
2024 $4,906 $422,200 $0 $422,200
2023 $5,269 $421,200 $0 $421,200
2022 $5,072 $382,800 $0 $382,800
2021 $4,882 $353,800 $0 $353,800
2020 $4,969 $343,900 $0 $343,900
2019 $4,930 $326,500 $0 $326,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73184483

MLS Property Information Network (MLS PIN)

APN: 36-0114-801