$440,000
SOLD MAY 1, 2025
1 Bed
1.5 Baths
732 Sq Ft
7,148 Sq Ft Lot

Recently Sold

$601 Per Sq Ft

6% Below List Price

22 Days on Market

Highlights

  • Medical Services
  • 0.16 Acre Lot
  • Custom Closet System
  • Waterfront
  • Open Floorplan
  • 4-minute walk to Collins Cove Park

About This Home

As of May 2025

This beautifully detached condo, fully gut-renovated in 2018, offers modern living with all the charm of Salem. Perfect for first-time homebuyers or those looking to downsize, this 1-bedroom, 1.5-bathroom home boasts two floors of spacious living. The updated kitchen features marble countertops and stainless steel appliances, while the open-concept layout is perfect for relaxing or entertaining. Upstairs, enjoy a generous bedroom and modern, convenient bathroom. Additional perks include a private parking spot, in-unit laundry, extra storage space, access to a shared outdoor common patio, and pet-friendly policies. Ideally located one minute from Collins Cove Beach and across the street from walking trails, you are an easy walk from Downtown Salem, Salem MBTA (Commuter Rail) and Salem Common. This home blends privacy and convenience, making it a rare find in a prime location. Schedule a tour today and experience the best of Salem living!

Last Agent to Sell the Property

Daniel Pezzano

Rise Signature Homes Listed on: 02/12/2025

Co-Listed By

Gene Bernshtein

Rise Signature Homes

Last Buyer's Agent

Jody Troderman

ERA Key Realty Services- Fram

ERA Key Realty Services- Fram

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,902

Year Built

  • Built in 1850 | Remodeled

Lot Details

  • 7,148 Sq Ft Lot
  • Waterfront
  • Property is zoned R2

HOA Fees

  • $195 Monthly HOA Fees

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 732 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Beamed Ceilings
  • Vaulted Ceiling
  • Recessed Lighting

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Solid Surface Countertops

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Primary bedroom located on second floor
  • Custom Closet System
  • Separate Shower

Laundry

  • Laundry on main level
  • Washer and Dryer

Parking

  • 1 Car Parking Space
  • Paved Parking
  • Open Parking
  • Off-Street Parking
  • Assigned Parking

Outdoor Features

  • Patio

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Ductless Heating Or Cooling System
  • 2 Cooling Zones
  • 2 Heating Zones
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number M:36 L:0114 S:805,5033473

Community Details

Overview

  • Association fees include insurance, reserve funds
  • Salem Cove Community

Amenities

  • Medical Services
  • Common Area
  • Shops

Recreation

  • Park
  • Jogging Path

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,902

Year Built

Built in 1850 | Remodeled

Lot Details

0

HOA Fees

$195 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Detached
  • Year Built: 1850
  • Entry Level: 1
  • Year Built Details: Approximate,Renovated Since
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Tile, Laminate
  • Entry Location: Unit Placement(Street)
  • Fireplace YN: No
  • Appliances: Range, Dishwasher, Microwave, Refrigerator, Washer/Dryer
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bathrooms: 1.5
  • Room Master Bedroom Features: Bathroom - Full, Beamed Ceilings, Vaulted Ceiling(s), Closet, Closet/Cabinets - Custom Built, Flooring - Hardwood, Recessed Lighting, Remodeled
  • Room Master Bedroom Level: Second
  • Room Master Bedroom Area: 176.527777
  • Bathroom 1 Area: 18.4375
  • Bathroom 1 Features: Bathroom - Half, Flooring - Stone/Ceramic Tile, Remodeled
  • Bathroom 1 Level: First
  • Bathroom 2 Level: Second
  • Bathroom 2 Area: 66.666666
  • Bathroom 2 Features: Bathroom - Full, Bathroom - Tiled With Shower Stall
  • Room Kitchen Level: First
  • Room Kitchen Features: Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Kitchen Island, Cabinets - Upgraded, Open Floorplan, Recessed Lighting, Stainless Steel Appliances
  • Room Kitchen Area: 132.395833
  • Laundry Features: Electric Dryer Hookup, First Floor, In Unit
  • Room Living Room Level: First
  • Room Living Room Area: 152.326388
  • Room Living Room Features: Bathroom - Half, Flooring - Stone/Ceramic Tile, Open Floorplan, Recessed Lighting, Remodeled
  • Basement: N
  • Above Grade Finished Sq Ft: 732
  • Living Area: 732
  • Spa YN: No
  • Stories Total: 2
  • MAIN LO: AN8910
  • LIST PRICE PER Sq Ft: 607.92
  • PRICE PER Sq Ft: 601.09
  • MAIN SO: K95310

Exterior Features

  • Exterior Features: Patio
  • Home Warranty YN: No
  • Patio And Porch Features: Patio
  • Waterfront Features: Beach Front, Ocean, 0 to 1/10 Mile To Beach
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Off Street, Assigned, Paved
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Oven
  • Cooling: Ductless
  • Heating: Electric, Ductless
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 2
  • COOLING ZONES: 2

Condo/Co-op/Association

  • Association Fee: 195
  • Association Fee Frequency: Monthly
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Highway Access, University
  • Senior Community YN: No
  • UNIT BUILDING: 5
  • MANAGEMENT: Owner Association
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Insurance, Reserve Funds

Lot Info

  • Parcel Number: M:36 L:0114 S:805,5033473
  • Zoning: R2
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.16
  • Lot Size Area: 0.16
  • Lot Size Sq Ft: 7148
  • Lot Size Units: Acres
  • Property Attached YN: No
  • PAGE: 349
  • OUTDOOR SPACE AVAILABLE: Yes - Common
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 4902
  • Tax Book Number: 38725

Multi Family

  • Number Of Units Total: 5
  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2025
Closed on
Apr 9, 2025
Sold by
Kane Amanda
Bought by
Steinberg Holdings Llc
Seller's Agent
Daniel Pezzano
Rise Signature Homes
Buyer's Agent
Jody Troderman
ERA Key Realty Services- Fram
List Price
$470,000
Sold Price
$440,000
Premium/Discount to List
-$30,000
-6.38%
Views
141
Current Estimated Value
$448,682

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,682
Avg. Annual Appreciation
4.88%

Purchase Details

Listed on
Mar 25, 2020
Closed on
Jul 8, 2020
Sold by
Rouvina Jennifer N
Bought by
Ryan Amanda
Seller's Agent
Chuha & Scouten Team
Leading Edge Real Estate
Buyer's Agent
Lisa Scourtas
RE/MAX Beacon
List Price
$399,900
Sold Price
$390,000
Premium/Discount to List
-$9,900
-2.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.55%
Original Mortgage
$370,500
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 15, 2018
Closed on
Apr 27, 2018
Sold by
Copper Realty Llc
Bought by
Rouvina Jennifer N
Seller's Agent
Julianna Tache
Tache Real Estate, Inc.
Buyer's Agent
Kim Miles
Berkshire Hathaway HomeServices Warren Residential
List Price
$349,000
Sold Price
$365,000
Premium/Discount to List
$16,000
4.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.03%
Original Mortgage
$346,750
Interest Rate
4.44%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Deed $440,000 None Available
Not Resolvable $390,000 None Available
Deed $365,000 --
Deed $365,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $370,500 New Conventional
Previous Owner $346,750 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2025 05/01/25 Sold $440,000 -1.1% $601 / Sq Ft
03/06/2025 03/06/25 Pending -- -- --
02/26/2025 02/26/25 Price Changed $445,000 -5.3% $608 / Sq Ft
02/12/2025 02/12/25 For Sale $470,000 +20.5% $642 / Sq Ft
07/17/2020 07/17/20 Sold $390,000 -2.5% $533 / Sq Ft
04/20/2020 04/20/20 Pending -- -- --
03/25/2020 03/25/20 For Sale $399,900 +9.6% $546 / Sq Ft
04/27/2018 04/27/18 Sold $365,000 +4.6% $499 / Sq Ft
03/18/2018 03/18/18 Pending -- -- --
03/15/2018 03/15/18 For Sale $349,000 -- $477 / 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 $4,902 $432,300 $0 $432,300
2024 $4,861 $418,300 $0 $418,300
2023 $5,144 $411,200 $0 $411,200
2022 $4,876 $368,000 $0 $368,000
2021 $4,692 $340,000 $0 $340,000
2020 $4,797 $332,000 $0 $332,000
2019 $4,308 $285,300 $0 $285,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73334550

MLS Property Information Network (MLS PIN)

APN: 36-0114-805