NOT LISTED FOR SALE

11 Cedar St Unit 2 Salem, MA 01970

South Salem Neighborhood

Estimated Value: $396,000 - $510,000

2 Beds
1.5 Baths
1,087 Sq Ft
$190/mo HOA Fee

Last Sold July 15, 2024

Last sale price $480,000 $442 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $3,042/month

18 Days on Market

Highlights

  • Marina
  • Medical Services
  • Property is near public transit
  • Golf Course Community
  • Open Floorplan
  • 3-minute walk to Mary Jane Lee Park

About This Home

As of July 2024

If you’ve always wanted to live within walking distance of downtown Salem to have amazing shops and delicious restaurants close by, but not deal with all the headaches of finding off street parking, we have the perfect condo for you. This two bedroom (plus fantastic back office space), one full, and one half bath condo occupies the whole second floor of a historic 1915 home. You’ll love the historical charm of the hardwood floors, ornate radiator covers, millwork in the dining and bath rooms, and slate roof, combined with modern amenities like keyless entry, in-unit laundry, a Navien on demand tankless hot water heating system, nest thermostat, and stainless steel appliances including a gas range. With the added benefits of a locked storage space in the basement, and TWO (!!) OFF STREET PARKING SPOTS, this condo is yours for the taking.

Last Agent to Sell the Property

Kristin Moore

Redfin Corp. Listed on: 06/11/2024

Redfin Corp.

Last Buyer's Agent

Nancy Hughes

Conway - Swampscott

Conway - Swampscott

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,975

Year Built

  • Built in 1915

Lot Details

  • 4,792

HOA Fees

  • $190 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor
  • Frame Construction
  • Shingle Roof
  • Slate Roof

Interior Spaces

  • 1,087 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Recessed Lighting
  • Bay Window
  • Bonus Room
  • Basement

Kitchen

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

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathtub

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 2 Car Parking Spaces
  • Tandem Parking
  • Off-Street Parking
  • Deeded Parking

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Window Unit Cooling System
  • Individual Controls for Heating
  • Hot Water Heating System
  • Electric Baseboard Heater

Additional Features

  • Energy-Efficient Thermostat
  • Two or More Common Walls

Listing and Financial Details

  • Assessor Parcel Number M:34 L:0048 S:802,4973513

Community Details

Overview

  • Association fees include water, sewer, insurance, maintenance structure, ground maintenance, snow removal
  • 3 Units
  • Low-Rise Condominium

Amenities

  • Medical Services

Recreation

  • Marina
  • Golf Course Community
  • Park
  • Jogging Path

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,975

Year Built

Built in 1915

Lot Details

0

HOA Fees

$190 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Low-Rise
  • Year Built: 1915
  • Dual Variable: Yes
  • Entry Level: 2
  • 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: 1

Interior Features

  • Flooring: Wood, Tile
  • Interior Amenities: Closet/Cabinets - Custom Built, Bonus Room
  • Fireplace YN: No
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
  • Total Bedrooms: 2
  • Room Bedroom2 Level: First
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Room Master Bedroom Level: First
  • Bathroom 1 Features: Bathroom - Full, Bathroom - With Tub, Flooring - Stone/Ceramic Tile, Window(s) - Bay/Bow/Box
  • Bathroom 1 Level: First
  • Bathroom 2 Level: First
  • Bathroom 2 Features: Bathroom - Half, Flooring - Stone/Ceramic Tile
  • Room Dining Room Features: Flooring - Wood, Window(s) - Bay/Bow/Box, Open Floorplan
  • Room Dining Room Level: First
  • Room Kitchen Level: First
  • Room Kitchen Features: Flooring - Stone/Ceramic Tile, Window(s) - Bay/Bow/Box, Countertops - Stone/Granite/Solid, Breakfast Bar / Nook, Open Floorplan, Recessed Lighting, Stainless Steel Appliances
  • Laundry Features: In Unit
  • Room Living Room Level: First
  • Room Living Room Features: Flooring - Wood, Window(s) - Bay/Bow/Box, Open Floorplan
  • Basement: Y
  • Living Area: 1087
  • Spa YN: No
  • Stories Total: 1
  • Window Features: Window(s) - Bay/Bow/Box
  • MAIN LO: NB3534
  • MAIN SO: A14050

Exterior Features

  • Common Walls: 2+ Common Walls
  • Construction Materials: Frame
  • Home Warranty YN: No
  • Roof: Shingle, Slate
  • Waterfront Features: Beach Front, Ocean, 3/10 to 1/2 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Cooling: Window Unit(s)
  • Heating: Electric Baseboard, Hot Water, Unit Control
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 190
  • Association Fee Frequency: Monthly
  • Community Features: Public Transportation, Park, Walk/Jog Trails, Golf, Medical Facility, Highway Access, House of Worship, Marina, Public School, T-Station, University
  • Senior Community YN: No
  • MANAGEMENT: Owner Association
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal

Lot Info

  • Parcel Number: M:34 L:0048 S:802,4973513
  • Zoning: R2
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.11
  • Lot Size Sq Ft: 4970
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Green Features

  • Green Energy Efficient: Thermostat

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 4975

Multi Family

  • Number Of Units Total: 3
  • Basement Included Sq Ft: No

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2021
Closed on
Sep 3, 2021
Sold by
Waitkevich Kathryn E
Bought by
Gribbons Mary E and Recupero Kyle
Seller's Agent
Michael Shea
Shea Real Estate
Buyer's Agent
Craig Power
Real Broker MA, LLC
List Price
$407,499
Sold Price
$410,000
Premium/Discount to List
$2,501
0.61%
Current Estimated Value
$464,569

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,569
Avg. Annual Appreciation
2.98%
Original Mortgage
$389,500
Outstanding Balance
$352,318
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$112,251

Purchase Details

Listed on
Apr 3, 2019
Closed on
May 17, 2019
Sold by
Begin Alyssa and Hutchinson Jason K
Bought by
Waitkevich Kathryn E
Seller's Agent
Julie Tsakirgis
RE/MAX Property Shoppe, Inc.
Buyer's Agent
Michael Shea
Shea Real Estate
List Price
$359,888
Sold Price
$360,000
Premium/Discount to List
$112
0.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.82%
Original Mortgage
$340,000
Interest Rate
4%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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 Buyer Sale Price Title Company
Gribbons Mary E $410,000 None Available
Gribbons Mary E $410,000 None Available
Gribbons Mary E $410,000 None Available
Waitkevich Kathryn E $360,000 --
Waitkevich Kathryn E $360,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gribbons Mary E $389,500
Closed Gribbons Mary E $389,500
Previous Owner Waitkevich Kathryn E $340,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/15/2024 07/15/24 Sold $480,000 +1.1% $442 / Sq Ft
06/30/2024 06/30/24 Pending -- -- --
06/29/2024 06/29/24 Price Changed $474,900 -4.8% $437 / Sq Ft
06/11/2024 06/11/24 For Sale $499,000 +21.7% $459 / Sq Ft
09/03/2021 09/03/21 Sold $410,000 +0.6% $377 / Sq Ft View Prior Sale
07/21/2021 07/21/21 Pending -- -- --
07/13/2021 07/13/21 For Sale $407,499 +13.2% $375 / Sq Ft
05/17/2019 05/17/19 Sold $360,000 0.0% $331 / Sq Ft View Prior Sale
04/11/2019 04/11/19 Pending -- -- --
04/03/2019 04/03/19 For Sale $359,888 +24.1% $331 / Sq Ft
04/29/2016 04/29/16 Sold $290,000 0.0% $267 / Sq Ft View Prior Sale
03/03/2016 03/03/16 Pending -- -- --
03/01/2016 03/01/16 For Sale $289,900 -- $267 / 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 $4,979 $439,100 $0 $439,100
2024 $4,975 $428,100 $0 $428,100
2023 $4,760 $380,500 $0 $380,500
2022 $4,455 $336,200 $0 $336,200
2021 $4,640 $336,200 $0 $336,200
2020 $4,491 $310,800 $0 $310,800
2019 $4,436 $293,800 $0 $293,800
2018 $4,159 $270,400 $0 $270,400
2017 $4,149 $261,600 $0 $261,600
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2024

    Kristin Moore

    Redfin Corp.

    Section Image

  • N

    Buyer's Agent in 2024

    Nancy Hughes

    Conway - Swampscott

    (781) 913-6074

    1 in this area

    17 Total Sales

    Nancy Hughes
    Section Image

  • M

    Seller's Agent in 2021

    Michael Shea

    Shea Real Estate

    Section Image
  • Craig Power

    Buyer's Agent in 2021

    Craig Power

    Real Broker MA, LLC

    (617) 750-1205

    1 in this area

    35 Total Sales

    Craig Power
    Section Image
  • Julie Tsakirgis

    Seller's Agent in 2019

    Julie Tsakirgis

    RE/MAX

    (617) 548-1784

    1 in this area

    129 Total Sales

    Julie Tsakirgis
    Section Image

  • M

    Seller's Agent in 2016

    Merry Fox Team

    MerryFox Realty

    20 in this area

    266 Total Sales

    Merry Fox Team
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73250516

MLS Property Information Network (MLS PIN)

APN: SALE-000034-000000-000048-000802-000802

Massachusetts Essex County Salem 01970 South Salem

11 Cedar St Unit 2, Salem, MA

Not Listed for Sale

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