$483,000
SOLD MAR 12, 2018
3 Beds
3 Baths
1,566 Sq Ft
$245/mo HOA Fee

Recently Sold

$308 Per Sq Ft

3% Below List Price

4 Days on Market

Highlights

  • Wood Flooring
  • Central Air
  • 4-minute walk to Collins Cove Park

About This Home

As of October 2022

Exquisite new condominium homes! Standing prominently as the gateway to Salem Neck, Sale Cove Condominiums is the finest example to date of the tasteful re-purpose of the antique architecture we are so fortunate to have preserved on the North Shore. The sunrise streams in over the ocean at Collins Cove a block away, radiating off of white, shaker style cabinetry and marble counter tops. All just a couple blocks to the T & commuter ferry to Boston, as well as the Salem Common, waterfront dining & culture, authentic antique details accent modern amenities and the latest technology, while the open-concept designs appeal to all. Exposed brick, aesthetic fireplaces, antique doors and moldings, plus wireless security systems, video door-bells, blue-tooth speakers and smart thermostats to maximize efficient heating and A/C. This townhome features an sprawling master suite with private bath - 3 bedrooms total with 2 1/2 baths- plus 2 parking spaces! Come one & all: Commuter Open House WED. 4-6

Last Agent to Sell the Property

Julianna Tache

Tache Real Estate, Inc. Listed on: 01/22/2018

Last Buyer's Agent

Gary Blattberg

RE/MAX Beacon

RE/MAX Beacon

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,668

Year Built

  • Built in 1850

HOA Fees

  • $245 per month

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Utilities

  • Central Air
  • Heat Pump System
  • Heating System Mounted To A Wall or Window
  • Individual Controls for Heating
  • Water Holding Tank
  • Natural Gas Water Heater

Additional Features

  • Basement

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,668

Year Built

Built in 1850

Lot Details

0

HOA Fees

$245 per month

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Townhouse
  • Year Built Description: Actual, Renovated Since
  • List Price Per Sq Ft: 318.65
  • Comp Based On: Net Sale Price
  • Year Built: 1850
  • Lead Paint: Unknown
  • Unit Building: 3
  • Unit Level: 2
  • Unit Placement: Top/Penthouse, End, Corner
  • Special Features: None
  • Property Sub Type: Townhouses
  • Year Built: 1850

Interior Features

  • Fireplaces: 2
  • Flooring: Wood, Tile
  • Appliances: Range, Dishwasher, Microwave, Refrigerator
  • No Bedrooms: 3
  • Master Bedroom: On Level: Second Floor, Bathroom - Full, Fireplace, Flooring - Hardwood
  • Bedroom 2: On Level: Second Floor, Flooring - Hardwood
  • Bedroom 3: On Level: First Floor, Flooring - Hardwood
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Primary Bathroom: Yes
  • Bathroom 1: On Level: First Floor
  • Bathroom 2: On Level: Second Floor
  • Bathroom 3: On Level: Third Floor, Bathroom - Full, Bathroom - Tiled With Shower Stall
  • No Rooms: 6
  • Dining Room: On Level: First Floor, Flooring - Hardwood, Open Floor Plan
  • Kitchen: On Level: First Floor, Flooring - Hardwood, Countertops - Stone/Granite/Solid, Main Level, Cabinets - Upgraded, Open Floor Plan, Recessed Lighting, Stainless Steel Appliances, Gas Stove
  • Laundry: On Level: First Floor, Bathroom - Half, Main Level, Dryer Hookup - Electric, Washer Hookup
  • Living Room: On Level: First Floor, Fireplace, Flooring - Hardwood, Open Floor Plan, Remodeled
  • Basement: Y
  • No Living Levels: 2
  • Main Lo: C86500
  • Main So: C58300
  • Estimated Sq Ft: 1566.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 0 to 1/10 Mile
  • Construction: Frame, Post & Beam
  • Exterior: Clapboard, Wood
  • Insulation Feature: Full, Blown In
  • Exterior Unit Features: Patio

Garage/Parking

  • Parking Feature: Off-Street, Assigned, Paved Driveway
  • Parking Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers
  • Cooling: Central Air, Heat Pump, Individual, Unit Control
  • Heating: Heat Pump, Electric, Individual, Unit Control, Wall Unit
  • Hot Water: Natural Gas, Tank
  • Utility Connections: for Gas Range, for Electric Dryer, Washer Hookup

Condo/Co-op/Association

  • Fee Interval: Monthly
  • Amenities: Public Transportation, Tennis Court, Park, Walk/Jog Trails, Golf Course, Medical Facility, Bike Path, Conservation Area, House of Worship, Marina, Public School, T-Station, University
  • HOA Fees: 245.00
  • Association Fee Includes: Water, Sewer, Master Insurance, Exterior Maintenance, Landscaping, Snow Removal
  • Condo Association: Yes
  • Management: Professional - Off Site, Developer Control

Association/Amenities

  • Condominium Name: Salem Cove Condominium

Lot Info

  • Page: 464
  • Zoning: R2

Green Features

  • Energy Features: Insulated Windows

Multi Family

  • No Units: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2022
Closed on
Oct 27, 2022
Sold by
Frame Margaret and Lockman William
Bought by
Casey Owen and Frampton Kayleigh
Seller's Agent
Shari McGuirk
Sagan Harborside Sotheby's International Realty
Buyer's Agent
Linda Laughlin
Coldwell Banker Realty - Beverly
List Price
$559,000
Sold Price
$575,000
Premium/Discount to List
$16,000
2.86%
Views
82
Current Estimated Value
$674,837

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,837
Avg. Annual Appreciation
4.42%
Original Mortgage
$517,500
Outstanding Balance
$496,664
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$151,539

Purchase Details

Listed on
Jan 22, 2018
Closed on
Mar 14, 2018
Sold by
Copper Realty Llc
Bought by
Frame Margaret and Lockman William
Seller's Agent
Julianna Tache
Tache Real Estate, Inc.
Buyer's Agent
Gary Blattberg
RE/MAX Beacon
List Price
$499,000
Sold Price
$483,000
Premium/Discount to List
-$16,000
-3.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.84%
Original Mortgage
$386,400
Interest Rate
4.22%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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 $575,000 None Available
Deed $483,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $517,500 Purchase Money Mortgage
Previous Owner $386,400 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2022 10/27/22 Sold $575,000 +2.9% $367 / Sq Ft
08/29/2022 08/29/22 Pending -- -- --
08/22/2022 08/22/22 For Sale $559,000 +15.7% $357 / Sq Ft
03/12/2018 03/12/18 Sold $483,000 -3.2% $308 / Sq Ft
01/26/2018 01/26/18 Pending -- -- --
01/22/2018 01/22/18 For Sale $499,000 -- $319 / 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 $6,668 $588,000 $0 $588,000
2024 $6,620 $569,700 $0 $569,700
2023 $6,999 $559,500 $0 $559,500
2022 $6,626 $500,100 $0 $500,100
2021 $6,377 $462,100 $0 $462,100
2020 $6,657 $460,700 $0 $460,700
2019 $6,263 $414,800 $0 $414,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72273210

MLS Property Information Network (MLS PIN)

APN: 36-0114-803