106 Leach St Unit 3 Salem, MA 01970
South Salem NeighborhoodEstimated Value: $565,000 - $651,000
3
Beds
1
Bath
1,200
Sq Ft
$425/mo
HOA Fee
Highlights
- No Units Above
- Deck
- Skylights
- Waterfront
- Marble Flooring
- Bathtub with Shower
About This Home
As of March 2022Tucked away on a quiet street in Palmer Cove, this WATERFRONT condo is a private oasis within walking distance of downtown Salem. With unobstructed water views from nearly every room, this unbelievable 3 bedroom/1 full bath home features elegant workmanship with original molding and built-in cabinets. The warm, inviting living room opens to a light-filled dining room with lighthouse & harbor views. The updated modern kitchen offers views of the cove with its spectacular sunrises, seaglass & quartz countertops, beautiful backsplashes, stainless steel appliances & countertop seating. The attic can be finished for extra space & currently provides ample storage. The backyard is a seaside retreat with beautiful native plantings, grilling area, waterfront deck, & common seating areas. Observe the birds & the sunset from the private waterfront deck. You’ll have everything you need with private laundry, 2 car deeded side-by-side parking, & kayak launch point at end of street.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,350
Year Built
- Built in 1900
Lot Details
- Waterfront
- No Units Above
HOA Fees
- $425 Monthly HOA Fees
Home Design
- Frame Construction
- Shingle Roof
Interior Spaces
- 1,200 Sq Ft Home
- 1-Story Property
- Skylights
- Insulated Windows
- Laundry in Basement
Kitchen
- Range
- Dishwasher
- Disposal
Flooring
- Wood
- Wall to Wall Carpet
- Marble
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary bedroom located on third floor
- 1 Full Bathroom
- Bathtub with Shower
Laundry
- Dryer
- Washer
Parking
- 2 Car Parking Spaces
- Off-Street Parking
- Deeded Parking
- Assigned Parking
Outdoor Features
- Deck
Schools
- Public/Private Elementary And Middle School
- Public/Private High School
Utilities
- No Cooling
- 2 Heating Zones
- Heating System Uses Oil
- Baseboard Heating
- Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 4078743
Community Details
Overview
- Association fees include electricity, insurance, maintenance structure, trash, reserve funds
- 3 Units
- Low-Rise Condominium
- 106 108 Leach Street Condominium Trust Community
Amenities
- Common Area
- Laundry Facilities
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 8, 2022
Closed on
Mar 25, 2022
Sold by
Loewenstein Abigail
Bought by
Silk Lauren A
Seller's Agent
Christine Tierney
Compass
Buyer's Agent
Tetyana Ivanina
Hive Property Group
List Price
$499,000
Sold Price
$525,000
Premium/Discount to List
$26,000
5.21%
Total Days on Market
7
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,664
Avg. Annual Appreciation
3.33%
Original Mortgage
$364,000
Outstanding Balance
$345,868
Interest Rate
4.42%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$236,221
Purchase Details
Listed on
Feb 10, 2015
Closed on
Apr 30, 2015
Sold by
Price David T and Price Andrea
Bought by
Loewenstein Abigail
Seller's Agent
David Nyman
Keller Williams Realty Evolution
Buyer's Agent
Angelica Acevedo
Armstrong Field Real Estate - Merrimack Valley
List Price
$299,000
Sold Price
$286,000
Premium/Discount to List
-$13,000
-4.35%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.19%
Original Mortgage
$228,800
Interest Rate
3.76%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 31, 2012
Sold by
Price David T
Bought by
Price David T
Purchase Details
Listed on
Mar 22, 2012
Closed on
May 31, 2012
Sold by
Reid Randy M
Bought by
Price David T
Seller's Agent
Philip Dennesen
Keller Williams Realty Evolution
Buyer's Agent
David Nyman
Keller Williams Realty Evolution
List Price
$240,000
Sold Price
$240,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.06%
Original Mortgage
$205,000
Interest Rate
3.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 2, 1999
Sold by
Ingemi Stephen A and Ingemi Dawn R
Bought by
Reid Randy M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,600
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Similar Homes in Salem, MA
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Silk Lauren A | $525,000 | None Available | |
| Loewenstein Abigail | $286,000 | -- | |
| Price David T | -- | -- | |
| Price David T | $240,000 | -- | |
| Reid Randy M | $187,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Silk Lauren A | $364,000 | |
| Previous Owner | Loewenstein Abigail | $205,000 | |
| Previous Owner | Loewenstein Abigail | $226,965 | |
| Previous Owner | Loewenstein Abigail | $228,800 | |
| Previous Owner | Reid Randy M | $205,000 | |
| Previous Owner | Reid Randy M | $213,574 | |
| Previous Owner | Reid Randy M | $20,000 | |
| Previous Owner | Reid Randy M | $149,600 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/25/2022 03/25/22 | Sold | $525,000 | +5.2% | $438 / Sq Ft |
| 02/16/2022 02/16/22 | Pending | -- | -- | -- |
| 02/08/2022 02/08/22 | For Sale | $499,000 | +74.5% | $416 / Sq Ft |
| 04/30/2015 04/30/15 | Sold | $286,000 | -4.3% | $239 / Sq Ft |
| 03/16/2015 03/16/15 | Pending | -- | -- | -- |
| 02/10/2015 02/10/15 | For Sale | $299,000 | +24.6% | $249 / Sq Ft |
| 05/31/2012 05/31/12 | Sold | $240,000 | 0.0% | $200 / Sq Ft |
| 03/22/2012 03/22/12 | For Sale | $240,000 | -- | $200 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $6,105 | $538,400 | $0 | $538,400 |
| 2024 | $5,988 | $515,300 | $0 | $515,300 |
| 2023 | $5,838 | $466,700 | $0 | $466,700 |
| 2022 | $5,663 | $427,400 | $0 | $427,400 |
| 2021 | $5,572 | $403,800 | $0 | $403,800 |
| 2020 | $5,452 | $377,300 | $0 | $377,300 |
| 2019 | $5,383 | $356,500 | $0 | $356,500 |
| 2018 | $4,994 | $324,700 | $0 | $324,700 |
| 2017 | $4,893 | $308,500 | $0 | $308,500 |
| 2016 | $4,629 | $295,400 | $0 | $295,400 |
| 2015 | -- | $293,400 | $0 | $293,400 |
Source: Public Records
Agents Affiliated with this Home
-
Christine Tierney
Seller's Agent in 2022
Christine Tierney
Compass
(612) 860-6446
1 in this area
93 Total Sales
-
Tetyana Ivanina
Buyer's Agent in 2022
Tetyana Ivanina
Hive Property Group
(508) 361-6047
1 in this area
71 Total Sales
-
David Nyman
D
Seller's Agent in 2015
David Nyman
Keller Williams Realty Evolution
15 Total Sales
-
Buyer's Agent in 2015
Angelica Acevedo
Armstrong Field Real Estate - Merrimack Valley
-
Philip Dennesen
Seller's Agent in 2012
Philip Dennesen
Keller Williams Realty Evolution
(978) 578-3767
2 in this area
50 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72940693
APN: SALE-000033-000000-000549-000803-000803
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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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