NOT LISTED FOR SALE

Estimated Value: $450,869 - $520,000

2 Beds
1 Bath
752 Sq Ft
6,970 Sq Ft Lot

Last Sold August 28, 2020

Last sale price $384,000 $511 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $2,930/month

10 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating and Cooling System
  • 3-minute walk to Collins Cove Beach

About This Home

As of August 2020

Fabulous 2 bedroom garden style condo near all that Salem has to offer! Enjoy this first floor open concept unit which was completely renovated in 2018! Kitchen features shaker cabinets, quartz countertops, stainless steel appliances and high end finishes. Living room boasts high ceilings and a handsome carved mantle. Other amenities include in-unit laundry, a beautifully tiled full bath, hardwood floors, 1 car off street parking, an oversized community patio with grills and outdoor seating. All a sidewalk stroll to Collins Cove, the downtown and waterfront restaurants, Salem Common the commuter rail and the Salem Ferry to Boston!

Last Agent to Sell the Property

Kate Richard

J. Barrett & Company Listed on: 06/23/2020

Last Buyer's Agent

Bill Patterson

Craft Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,917

Year Built

  • Built in 1850

Lot Details

  • Year Round Access

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Water Holding Tank
  • Cable TV Available

Additional Features

  • Basement

Community Details

  • Pets Allowed

Listing and Financial Details

  • Assessor Parcel Number M:36 L:0114 S:802

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,917

Year Built

Built in 1850

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: 517.29
  • Comp Based On: Gross/Full Sale Price
  • Year Built: 1850
  • Lead Paint: Unknown
  • Year Round: Yes
  • Unit Building: 2
  • Unit Level: 1
  • Unit Placement: Street, End
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1850

Interior Features

  • Fireplaces: 1
  • Flooring: Wood, Tile
  • Interior Amenities: Cable Available
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator
  • No Bedrooms: 2
  • Master Bedroom: On Level: First Floor, Dimension: 14X13, Flooring - Wood
  • Bedroom 2: On Level: First Floor, Dimension: 11X7, Flooring - Wood
  • Full Bathrooms: 1
  • Bathroom 1: On Level: First Floor, Bathroom - Full, Bathroom - Tiled With Tub, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Main Level, Recessed Lighting, Remodeled
  • No Rooms: 4
  • Dining Room: On Level: First Floor, Flooring - Hardwood, Open Floor Plan, Crown Molding
  • Kitchen: On Level: First Floor, Flooring - Wood, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Open Floor Plan, Recessed Lighting, Remodeled
  • Laundry: On Level: First Floor
  • Living Room: On Level: First Floor, Dimension: 16X15, Flooring - Wood, Main Level, Open Floor Plan, Recessed Lighting, Remodeled, Crown Molding
  • Basement: Y
  • No Living Levels: 1
  • Main Lo: C95243
  • Main So: AN1794
  • Estimated Sq Ft: 752.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 0 to 1/10 Mile
  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Wood
  • Exterior Unit Features: Patio, Fenced Yard

Garage/Parking

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

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Sewage District: SESD
  • Cooling: Central Air
  • Cooling Zones: 1
  • Heating: Forced Air, Heat Pump, Electric
  • Heat Zones: 1
  • Hot Water: Tank
  • Utility Connections: for Gas Range, for Electric Dryer, Washer Hookup

Condo/Co-op/Association

  • Fee Interval: Monthly
  • Amenities: Public Transportation, Shopping, Swimming Pool, Tennis Court, Park, Walk/Jog Trails, Golf Course, Medical Facility, Bike Path, House of Worship, Marina, Private School, Public School, T-Station, University
  • HOA Fees: 195.00
  • Association Fee Includes: Master Insurance, Exterior Maintenance, Reserve Funds
  • Condo Association: Yes
  • Management: Owner Association

Association/Amenities

  • Condominium Name: Salem Cove Condominium

Lot Info

  • Assessments: 337300.00
  • Acre: 0.16
  • Lot Size: 7148.00
  • Page: 526
  • Parcel Number: M:36 L:0114 S:802
  • Zoning: R2

Green Features

  • Energy Features: Insulated Windows, Prog. Thermostat

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Taxes: 4874.00
  • Assessor Parcel Number: 5033473

Multi Family

  • No Units: 5
  • No Units Owner Occ: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2020
Closed on
Aug 26, 2020
Sold by
Viteritti Camella
Bought by
Brennock Holly
Seller's Agent
Kate Richard
J. Barrett & Company
Buyer's Agent
Bill Patterson
Craft Realty
List Price
$389,000
Sold Price
$384,000
Premium/Discount to List
-$5,000
-1.29%
Current Estimated Value
$480,467

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,467
Avg. Annual Appreciation
4.38%
Original Mortgage
$334,000
Outstanding Balance
$296,403
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$184,064

Purchase Details

Listed on
Jan 17, 2018
Closed on
Mar 9, 2018
Sold by
Copper Realty Llc
Bought by
Viteritti Camella
Seller's Agent
Julianna Tache
Tache Real Estate, Inc.
Buyer's Agent
Kevin Saliba
Keller Williams Realty Evolution
List Price
$349,000
Sold Price
$355,000
Premium/Discount to List
$6,000
1.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.23%
Original Mortgage
$283,050
Interest Rate
4.15%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Brennock Holly $384,000 None Available
Viteritti Camella $355,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brennock Holly $334,000
Previous Owner Viteritti Camella $283,050
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/28/2020 08/28/20 Sold $384,000 -1.3% $511 / Sq Ft
07/03/2020 07/03/20 Pending -- -- --
06/23/2020 06/23/20 For Sale $389,000 +9.6% $517 / Sq Ft
03/09/2018 03/09/18 Sold $355,000 +1.7% $472 / Sq Ft View Prior Sale
01/25/2018 01/25/18 Pending -- -- --
01/17/2018 01/17/18 For Sale $349,000 -- $464 / 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 $4,917 $433,600 $0 $433,600
2024 $4,826 $415,300 $0 $415,300
2023 $5,174 $413,600 $0 $413,600
2022 $4,978 $375,700 $0 $375,700
2021 $4,791 $347,200 $0 $347,200
2020 $4,874 $337,300 $0 $337,300
2019 $4,750 $314,600 $0 $314,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72678682

MLS Property Information Network (MLS PIN)

APN: 36-0114-802