NOT LISTED FOR SALE

Estimated Value: $442,000 - $462,000

2 Beds
2 Baths
963 Sq Ft
$688/mo HOA Fee

Last Sold December 07, 2023

Last sale price $383,000 $398 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $3,408/month

5 Days on Market

Highlights

  • Fitness Center
  • Medical Services
  • Property is near public transit
  • Indoor Pool
  • Clubhouse
  • 1-minute walk to Piperpont Park

About This Home

As of December 2023

Location, Location, Location! This condo is situated in the heart of Downtown Salem. Located on the 6th floor, this unit boasts 2 Bedrooms, 2 Full Baths, and plenty of storage. The open floor plan seamlessly connects the Kitchen, and combination Living/Dining Room - perfect for entertaining. Beautiful French doors and a Juliette Balcony overlook Church Street. There is a private Washer and Dryer in the Unit, as well as common laundry facilities in the building. This professionally managed condominium building offers a wealth of amenities, including an indoor pool, relaxing jacuzzi, well-appointed fitness center, club room, and an outdoor courtyard space. One garage parking space with easy, walkable access to the 6th Floor. Steps away from many restaurants, shopping, and museums, including the renowned Peabody-Essex Museum and the historic Salem Common. Easy access to commuter rail and highways. Not to be missed!

Last Agent to Sell the Property

Stephanie Macfarland

Wilson Wolfe Real Estate Listed on: 11/01/2023

Last Buyer's Agent

Linda Hayes

William Raveis R.E. & Home Services

William Raveis R.E. & Home Services

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,225

Year Built

  • Built in 1990

HOA Fees

  • $688 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Common or Shared Parking

Home Design

  • Garden Home
  • Entry on the 6th floor
  • Shingle Roof
  • Rubber Roof

Interior Spaces

  • 963 Sq Ft Home
  • 1-Story Property
  • Light Fixtures
  • French Doors
  • Intercom

Kitchen

  • Range
  • Dishwasher
  • Kitchen Island

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Pool

  • Indoor Pool
  • In Ground Pool

Outdoor Features

  • Balcony

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Forced Air Heating and Cooling System
  • 2 Cooling Zones
  • 2 Heating Zones
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number M:35 L:0207 S:890,2136479

Community Details

Overview

  • Association fees include heat, water, sewer, insurance, maintenance structure, ground maintenance, snow removal, trash, air conditioning, reserve funds
  • 117 Units
  • Mid-Rise Condominium
  • Essex Community

Amenities

  • Medical Services
  • Common Area
  • Shops
  • Clubhouse
  • Laundry Facilities
  • Elevator

Recreation

  • Fitness Center
  • Community Pool
  • Park

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,225

Year Built

Built in 1990

Lot Details

0

HOA Fees

$688 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Garden, Mid-Rise
  • Year Built: 1990
  • Entry Level: 6
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Vinyl, Carpet
  • Interior Amenities: Internet Available - Unknown
  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Refrigerator,Washer,Dryer, Utility Connections for Electric Range, Utility Connections for Electric Dryer
  • Total Bedrooms: 2
  • Room Bedroom2 Features: Closet, Flooring - Wall to Wall Carpet
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Room Master Bedroom Features: Closet, Flooring - Wall to Wall Carpet
  • Master Bathroom Features: Yes
  • Bathroom 1 Features: Bathroom - Full, Bathroom - With Shower Stall, Flooring - Stone/Ceramic Tile
  • Bathroom 2 Features: Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile
  • Room Kitchen Features: Flooring - Vinyl, Peninsula, Lighting - Overhead
  • Laundry Features: In Building, In Unit, Washer Hookup
  • Room Living Room Features: Flooring - Wall to Wall Carpet, Balcony - Exterior, French Doors
  • Basement: N
  • Living Area: 963
  • Other Equipment: Intercom
  • Spa YN: No
  • Stories Total: 1
  • MAIN LO: B95198
  • MAIN SO: M59500

Exterior Features

  • Common Walls: Corner
  • Home Warranty YN: No
  • Pool Features: Association, In Ground, Indoor
  • Roof: Shingle, Rubber
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage YN: No
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Parking Features: Common

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Dryer, Washer Hookup
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Security Features: Intercom
  • Water Source: Public
  • HEAT ZONES: 2
  • COOLING ZONES: 2

Condo/Co-op/Association

  • Association Amenities: Hot Water, Pool, Laundry, Elevator(s), Fitness Center, Clubroom
  • Association Fee: 688
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Pool, Park, Medical Facility, Highway Access, Public School, T-Station, University
  • Senior Community YN: No
  • MANAGEMENT: Professional - On Site, Professional - Off Site
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Lot Info

  • Parcel Number: M:35 L:0207 S:890,2136479
  • Zoning: R
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Property Attached YN: Yes
  • OUTDOOR SPACE AVAILABLE: Yes - Common
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 4225

Multi Family

  • Number Of Units Total: 117
  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2023
Closed on
Dec 7, 2023
Sold by
Mary S Masterson Ft and Masterson
Bought by
Shibata David and Shibata Julie
Seller's Agent
Stephanie Macfarland
Wilson Wolfe Real Estate
Buyer's Agent
Linda Hayes
William Raveis R.E. & Home Services
List Price
$359,900
Sold Price
$383,000
Premium/Discount to List
$23,100
6.42%
Views
142
Current Estimated Value
$451,076

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,076
Avg. Annual Appreciation
8.52%

Purchase Details

Closed on
Dec 16, 2016
Sold by
Masterson Mary S
Bought by
Mary S Masterson Ft 20 and Masterson

Purchase Details

Closed on
Nov 19, 1998
Sold by
Malloy Helen M
Bought by
Masterson Mary S

Purchase Details

Closed on
Jul 2, 1996
Sold by
Draheim Richard N and Draheim Patricia
Bought by
Malloy Helen M

Purchase Details

Closed on
Apr 8, 1994
Sold by
Bewitched Capital Ltd
Bought by
Draheim Richard N and Draheim Patridia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,550
Interest Rate
7.27%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

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
Shibata David $383,000 None Available
Mary S Masterson Ft 20 -- --
Masterson Mary S $145,900 --
Malloy Helen M $116,000 --
Draheim Richard N $109,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Draheim Richard N $98,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/07/2023 12/07/23 Sold $383,000 +6.4% $398 / Sq Ft
11/07/2023 11/07/23 Pending -- -- --
11/01/2023 11/01/23 For Sale $359,900 -- $374 / 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 $4,249 $374,700 $0 $374,700
2024 $4,186 $360,200 $0 $360,200
2023 $4,225 $337,700 $0 $337,700
2022 $4,122 $311,100 $0 $311,100
2021 $4,162 $301,600 $0 $301,600
2020 $4,193 $290,200 $0 $290,200
2019 $4,100 $271,500 $0 $271,500
2018 $3,736 $242,900 $0 $242,900
2017 $3,756 $236,800 $0 $236,800
2016 $3,436 $219,300 $0 $219,300
2015 $3,369 $205,300 $0 $205,300
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73176418

MLS Property Information Network (MLS PIN)

APN: SALE-000035-000000-000207-000890-000890