$575,000
SOLD OCT 27, 2022
3 Beds
2.5 Baths
1,566 Sq Ft
$245/mo HOA Fee

Recently Sold

$367 Per Sq Ft

3% Above List Price

6 Days on Market

Highlights

  • Golf Course Community
  • Waterfront
  • Fireplace in Primary Bedroom
  • Medical Services
  • Open Floorplan
  • 4-minute walk to Collins Cove Park

About This Home

As of October 2022

Welcome home to this stunning and stylish townhouse condo in the heart of vibrant Salem! Blending vintage charm and modern updates, this updated home boasts 3 bedrooms, 2 full and 1 half bath. A chef’s kitchen with an oversized butcher block island and abundant counter space makes cooking a pleasure while the open concept layout keeps you in the heart of the action. The bright and sunny living room features a brick fireplace and inviting built in bar and beverage refrigerator. One of the bedrooms is on this level and offers a home office option. The spacious primary suite has a beautiful tiled full bathroom, two double closets and second brick fireplace. Rear facing third bedroom and full bathroom complete the second level. Highlights include central air, in unit laundry, two parking spaces, a shared patio and additional storage in a pet friendly community. Unbelievable location just 5 minutes from the commuter rail, the best restaurants, shopping and entertainment.

Last Agent to Sell the Property

Shari McGuirk

Sagan Harborside Sotheby's International Realty Listed on: 08/22/2022

Last Buyer's Agent

Linda Laughlin

Coldwell Banker Realty - Beverly

Coldwell Banker Realty - Beverly

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,626

Year Built

  • Built in 1850

Lot Details

  • Waterfront
  • Near Conservation Area

HOA Fees

  • $245 Monthly HOA Fees

Home Design

  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,566 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wet Bar
  • Recessed Lighting
  • Decorative Lighting
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • 2 Fireplaces
  • Basement

Kitchen

  • Oven
  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Wine Cooler
  • Stainless Steel Appliances
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary bedroom located on second floor
  • Bathtub with Shower
  • Linen Closet In Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 2 Car Parking Spaces
  • Off-Street Parking
  • Assigned Parking

Outdoor Features

  • Enclosed patio or porch

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Ductless Heating Or Cooling System
  • Central Air
  • Heating Available
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 5033473

Community Details

Overview

  • Association fees include water, sewer, insurance, maintenance structure
  • 5 Units
  • Mid-Rise Condominium

Amenities

  • Medical Services
  • Common Area
  • Shops
  • Community Storage Space

Recreation

  • Golf Course Community
  • Park
  • Jogging Path
  • Bike Trail

Pet Policy

  • Call for details about the types of pets allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,626

Year Built

Built in 1850

Lot Details

0

HOA Fees

$245 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Townhouse, Mid-Rise
  • Year Built: 1850
  • Buyer Agency: 2.5
  • Entry Level: 2
  • Transaction Broker: 1.5
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Tile, Hardwood
  • Interior Amenities: Wet Bar
  • Entry Location: Unit Placement(Upper)
  • Fireplace Features: Dining Room, Living Room, Master Bedroom
  • Fireplace YN: Yes
  • Fireplaces: 2
  • Appliances: Range,Oven,Dishwasher,Disposal,Microwave,Refrigerator,Freezer,Washer,Dryer, Gas Water Heater
  • Total Bedrooms: 3
  • Room Bedroom2 Level: Second
  • Room Bedroom2 Features: Closet, Flooring - Hardwood
  • Room Bedroom3 Features: Closet, Flooring - Hardwood
  • Room Bedroom3 Level: First
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bathrooms: 2.5
  • Room Master Bedroom Features: Bathroom - Full, Closet, Flooring - Hardwood
  • Room Master Bedroom Level: Second
  • Master Bathroom Features: Yes
  • Bathroom 1 Features: Bathroom - Half, Flooring - Stone/Ceramic Tile, Dryer Hookup - Electric, Washer Hookup
  • Bathroom 1 Level: First
  • Bathroom 2 Level: Second
  • Bathroom 2 Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower, Closet - Linen, Flooring - Stone/Ceramic Tile
  • Bathroom 3 Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile
  • Bathroom 3 Level: Second
  • Room Dining Room Features: Flooring - Hardwood, Wet Bar, Recessed Lighting
  • Room Dining Room Level: First
  • Room Kitchen Level: First
  • Room Kitchen Features: Flooring - Hardwood, Countertops - Stone/Granite/Solid, Kitchen Island, Wet Bar, Cabinets - Upgraded, Open Floorplan, Recessed Lighting, Stainless Steel Appliances, Wine Chiller
  • Laundry Features: First Floor, In Unit
  • Room Living Room Level: First
  • Room Living Room Features: Flooring - Hardwood, Open Floorplan, Recessed Lighting
  • Basement: Y
  • Living Area: 1566
  • Stories Total: 2
  • MAIN LO: AN4471
  • LIST PRICE PER Sq Ft: 356.96
  • PRICE PER Sq Ft: 367.18
  • MAIN SO: AN6181

Exterior Features

  • Exterior Features: Decorative Lighting
  • Construction Materials: Frame
  • Home Warranty YN: No
  • Patio And Porch Features: Patio, Patio - Enclosed
  • Roof: Shingle
  • Waterfront Features: Beach Front, Harbor, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street, Assigned
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Electric, Ductless
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Storage
  • Association Fee: 245
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Bike Path, Conservation Area, Highway Access, T-Station, University
  • Senior Community YN: No
  • UNIT BUILDING: 3
  • MANAGEMENT: Owner Association
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Maintenance Structure

Lot Info

  • Parcel Number: 5033473
  • Zoning: res
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Property Attached YN: Yes
  • PAGE: 375
  • OUTDOOR SPACE AVAILABLE: Yes - Common
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 6626.33
  • Tax Book Number: 36581

Multi Family

  • Number Of Units Total: 5
  • Basement Included Sq Ft: No
  • NO UNITS OWNER OCC: 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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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: 73027930

MLS Property Information Network (MLS PIN)

APN: 36-0114-803