$325,000
SOLD FEB 11, 2025
1 Bed
1 Bath
591 Sq Ft
$406/mo HOA Fee

Recently Sold

$550 Per Sq Ft

41 Days on Market

Highlights

  • Marina
  • Medical Services
  • Property is near public transit
  • Golf Course Community
  • Open Floorplan
  • Wood Flooring

About This Home

As of February 2025

BUYER FINANCING FELL THROUGH! First floor, private entrance w/ patio and 2 parking spots! One mile to vibrant & historic downtown Salem. Adjacent to Salem Hospital, <2 miles to Salem State University and MBTA. Step into the bright living room that seamlessly combines with a dining area (dinette set incl.), boasting beautiful hardwood floors and plenty of natural light. Bring your own barstools for the functional breakfast bar! The spacious bedroom with a walk-in closet provides ample storage and comfort. The adjacent bathroom offers both convenience and style, with its tile flooring, granite countertop, tiled shower stall, and stacked washer/dryer. With two deeded parking spots mere feet from your door, you'll never have to worry about finding a place to park. Extra dedicated storage in the basement adds to the conveniences this place has to offer. One owner since 2015 building renovation - superbly maintained. 2 cats allowed, no dogs. No known upcoming special assessment.

Last Agent to Sell the Property

Laura Develis

Lamacchia Realty, Inc. Listed on: 12/03/2024

Lamacchia Realty, Inc.

Last Buyer's Agent

Tetyana Ivanina

Hive Property Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,275

Year Built

  • Built in 1930

HOA Fees

  • $406 Monthly HOA Fees

Home Design

  • Garden Home
  • Shingle Roof

Interior Spaces

  • 591 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Recessed Lighting
  • Insulated Doors
  • Basement
  • Exterior Basement Entry

Kitchen

  • Breakfast Bar
  • Stove
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Concrete
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • Walk-In Closet
  • 1 Full Bathroom
  • Separate Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 2 Car Parking Spaces
  • 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
  • Hot Water Heating System
  • 100 Amp Service
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 801 / 0198
  • Assessor Parcel Number M:14 L:0198 S:801,4973472

Community Details

Overview

  • Association fees include water, insurance, maintenance structure, ground maintenance, snow removal, trash, reserve funds
  • 8 Units
  • Highland Crossing Community

Amenities

  • Medical Services
  • Shops
  • Community Storage Space

Recreation

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

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,275

Year Built

Built in 1930

Lot Details

0

HOA Fees

$406 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Garden
  • Year Built: 1930
  • Entry Level: 1
  • Year Built Details: Actual
  • Year Round: Yes
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile, Carpet, Concrete, Hardwood
  • Door Features: Insulated Doors
  • Entry Location: Unit Placement(Garden)
  • Fireplace YN: No
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Features: Walk-In Closet(s), Flooring - Wall to Wall Carpet, Cable Hookup
  • Room Master Bedroom Level: First
  • Room Master Bedroom Area: 168
  • Master Bathroom Features: No
  • Bathroom 1 Area: 54
  • Bathroom 1 Features: Bathroom - Full, Bathroom - Tiled With Shower Stall, Closet, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Dryer Hookup - Electric, Recessed Lighting, Washer Hookup
  • Bathroom 1 Level: First
  • Room Kitchen Level: First
  • Room Kitchen Features: Flooring - Hardwood, Countertops - Stone/Granite/Solid, Breakfast Bar / Nook, Stainless Steel Appliances, Gas Stove
  • Room Kitchen Area: 80
  • Laundry Features: Electric Dryer Hookup, Washer Hookup, First Floor, In Unit
  • Room Living Room Level: First
  • Room Living Room Area: 182
  • Room Living Room Features: Flooring - Hardwood, Cable Hookup, Exterior Access, Open Floorplan
  • Basement: Y
  • Living Area: 591
  • Spa YN: No
  • Stories Total: 1
  • MAIN LO: AN2314
  • LIST PRICE PER Sq Ft: 549.75
  • PRICE PER Sq Ft: 549.92
  • MAIN SO: AC2354
  • Insulation: Unknown

Exterior Features

  • Exterior Features: Patio
  • Construction Materials: Conventional (2x4-2x6)
  • Home Warranty YN: No
  • Patio And Porch Features: Patio
  • Roof: Shingle
  • Waterfront Features: Beach Front, Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Dryer, Washer Hookup
  • Cooling: Ductless
  • Heating: Electric, Ductless
  • Cooling Y N: Yes
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 2
  • COOLING ZONES: 2

Condo/Co-op/Association

  • Association Amenities: Hot Water, Storage
  • Association Fee: 406.28
  • Association Fee Frequency: Monthly
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Bike Path, Highway Access, House of Worship, Marina, Public School, T-Station, University
  • Senior Community YN: No
  • UNIT BUILDING: 1
  • MANAGEMENT: Professional - Off Site
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Reserve Funds

Lot Info

  • Parcel Number: M:14 L:0198 S:801,4973472
  • Zoning: R1
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.39
  • Lot Size Area: 0.39
  • Lot Size Sq Ft: 16988
  • Lot Size Units: Acres
  • PAGE: 397
  • OUTDOOR SPACE AVAILABLE: Yes - Private
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 3275
  • Tax Block: 0198
  • Tax Book Number: 34317
  • Tax Lot: 801
  • Tax Map Number: 14

Multi Family

  • Number Of Units Total: 8
  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2024
Closed on
Feb 11, 2025
Sold by
Connolly Michael
Bought by
James Andrew
Seller's Agent
Laura Develis
Lamacchia Realty, Inc.
Buyer's Agent
Tetyana Ivanina
Hive Property Group
List Price
$324,900
Sold Price
$325,000
Premium/Discount to List
$100
0.03%
Total Days on Market
41
Views
103
Current Estimated Value
$328,060

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,060
Avg. Annual Appreciation
1.55%
Original Mortgage
$308,750
Outstanding Balance
$307,432
Interest Rate
6.85%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$20,222

Purchase Details

Listed on
May 29, 2015
Closed on
Aug 24, 2015
Sold by
Roike Properties Llc
Bought by
Connolly Michael
Seller's Agent
Sean Connelly
William Raveis R.E. & Home Services
Buyer's Agent
Anita Voutsas
RE/MAX 360
List Price
$184,900
Sold Price
$184,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.13%
Original Mortgage
$147,920
Interest Rate
4.07%
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 $325,000 None Available
Not Resolvable $184,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $308,750 Purchase Money Mortgage
Previous Owner $139,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $147,920 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/11/2025 02/11/25 Sold $325,000 0.0% $550 / Sq Ft
01/13/2025 01/13/25 Pending -- -- --
01/09/2025 01/09/25 For Sale $324,900 0.0% $550 / Sq Ft
12/10/2024 12/10/24 Pending -- -- --
12/03/2024 12/03/24 For Sale $324,900 +75.7% $550 / Sq Ft
08/24/2015 08/24/15 Sold $184,900 0.0% $313 / Sq Ft
06/23/2015 06/23/15 Pending -- -- --
06/04/2015 06/04/15 Off Market $184,900 -- --
05/29/2015 05/29/15 For Sale $184,900 -- $313 / 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 $3,393 $299,200 $0 $299,200
2024 $3,275 $281,800 $0 $281,800
2023 $3,346 $267,500 $0 $267,500
2022 $3,422 $258,300 $0 $258,300
2021 $3,301 $239,200 $0 $239,200
2020 $3,153 $218,200 $0 $218,200
2019 $3,082 $204,100 $0 $204,100
2018 $2,721 $176,900 $0 $176,900
2017 $2,736 $172,500 $0 $172,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73315976

MLS Property Information Network (MLS PIN)

APN: SALE-000014-000000-000198-000801-000801