NOT LISTED FOR SALE

Estimated Value: $432,000 - $514,000

2 Beds
2 Baths
967 Sq Ft
1990 Built

Last Sold May 26, 2017

Last sale price $275,000 $284 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $2,902/month

5 Days on Market

About This Home

As of May 2017

Great location in the center of Downtown Salem! Enjoy the care free living at the Essex. Beautiful views from the sixth floor of this two bedroom, two full bathroom condo with open concept kitchen and living room. In-unit washer and dryer. Condo complex includes indoor pool and jacuzzi, outdoor garden area, fully equipped gym, function room and library. Conveniently located minutes to the commuter rail, shopping, restaurants, waterfront and the Peabody Essex Museum. Unit faces the front of the building with views of the water. Garage access is on the same level as this unit. Unit in need of updates but worth it.

Last Agent to Sell the Property

Phil O'Donnell

Aluxety Listed on: 03/17/2017

Last Buyer's Agent

Jenny May

J. Barrett & Company

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,409

Year Built

1990

Lot Details

0

Listing Details

  • Unit Level: 6
  • Unit Placement: Upper
  • Property Type: Condominium/Co-Op
  • Other Agent: 2.50
  • Lead Paint: Unknown
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1990

Interior Features

  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer
  • Has Basement: No
  • Primary Bathroom: Yes
  • Number of Rooms: 4
  • Amenities: Public Transportation, Shopping, Swimming Pool, House of Worship, Public School, T-Station, University
  • Electric: Circuit Breakers
  • Energy: Insulated Windows
  • Flooring: Wall to Wall Carpet, Laminate
  • Interior Amenities: Security System, Cable Available, Intercom
  • Bedroom 2: First Floor
  • Kitchen: First Floor
  • Living Room: First Floor
  • Master Bedroom: First Floor
  • Master Bedroom Description: Bathroom - 3/4, Flooring - Wall to Wall Carpet
  • No Living Levels: 1

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Brick
  • Exterior: Brick
  • Exterior Unit Features: Garden Area
  • Beach Ownership: Public
  • Waterview Flag: Yes
  • Pool Description: Inground, Indoor, Heated

Garage/Parking

  • Parking: Off-Street, Rented
  • Parking Spaces: 1

Utilities

  • Cooling: Central Air
  • Heating: Central Heat, Gas
  • Cooling Zones: 1
  • Heat Zones: 1
  • Utility Connections: for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup
  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Sewage District: Essex

Condo/Co-op/Association

  • Condominium Name: The Essex
  • Association Fee Includes: Heat, Hot Water, Water, Sewer, Master Insurance, Security, Swimming Pool, Laundry Facilities, Elevator, Exterior Maintenance, Landscaping, Snow Removal, Exercise Room, Clubroom, Air Conditioning
  • Association Pool: Yes
  • Association Security: Intercom
  • Management: Professional - Off Site
  • Pets Allowed: Yes w/ Restrictions
  • No Units: 107
  • Unit Building: 606

Schools

  • Elementary School: Choice
  • Middle School: Choice
  • High School: Shs

Lot Info

  • Zoning: B4

Multi Family

  • Waterview: River

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2017
Closed on
May 26, 2017
Sold by
Murphy Karyn
Bought by
Polleys Ruth
Seller's Agent
Phil O'Donnell
Aluxety
Buyer's Agent
Jenny May
J. Barrett & Company
List Price
$275,000
Sold Price
$275,000
Current Estimated Value
$465,123

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$190,123
Avg. Annual Appreciation
6.31%
Original Mortgage
$220,000
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 15, 2004
Sold by
Fox Jennifer H
Bought by
Murphy Daniel J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 27, 2003
Sold by
Dowdell Sandra
Bought by
Fox Jennifer H

Purchase Details

Closed on
Apr 5, 1993
Sold by
Bewitched Capital Ltd
Bought by
Dowdell Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,000
Interest Rate
7.6%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Polleys Ruth $275,000 --
Murphy Daniel J $289,000 --
Fox Jennifer H $243,900 --
Dowdell Sandra $93,310 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Polleys Ruth $100,000
Open Polleys Ruth $214,000
Closed Polleys Ruth $220,000
Previous Owner Dowdell Sandra $145,500
Previous Owner Dowdell Sandra $231,000
Previous Owner Dowdell Sandra $37,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2017 05/26/17 Sold $275,000 0.0% $284 / Sq Ft
03/22/2017 03/22/17 Pending -- -- --
03/17/2017 03/17/17 For Sale $275,000 0.0% $284 / Sq Ft
05/06/2015 05/06/15 Rented $1,800 0.0% --
04/06/2015 04/06/15 Under Contract -- -- --
03/10/2015 03/10/15 For Rent $1,800 -- --
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 $4,409 $388,800 $0 $388,800
2024 $4,342 $373,700 $0 $373,700
2023 $4,358 $348,400 $0 $348,400
2022 $4,253 $321,000 $0 $321,000
2021 $4,295 $311,200 $0 $311,200
2020 $4,328 $299,500 $0 $299,500
2019 $4,233 $280,300 $0 $280,300
2018 $3,857 $250,800 $0 $250,800
2017 $3,760 $237,100 $0 $237,100
2016 $3,441 $219,600 $0 $219,600
2015 $3,374 $205,600 $0 $205,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72132261

MLS Property Information Network (MLS PIN)

APN: SALE-000035-000000-000207-000892-000892