NOT LISTED FOR SALE

Estimated Value: $480,000 - $518,000

2 Beds
1 Bath
920 Sq Ft
8,712 Sq Ft Lot

Last Sold May 15, 2019

Last sale price $330,000 $359 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $3,238/month

139 Days on Market

About This Home

As of May 2019

Enjoy the ocean view from this beautiful waterfront condo. Updated eat-in kitchen, spacious living room/dining area and two good size bedrooms. Fabulous rear porch (exclusive to unit) with great view. Hardwood floors, large storage area in basement, nice size fenced in yard with lovely perennial gardens, a screened room which is common to the unit owners. Most systems have been updated. New hot water heater 2018. Unit comes with one-car garage with an electric door opener and an additional space outside. There are also two guest parking spaces for common use. Close to Salem State University, downtown and commuter rail to Boston.

Last Listed By

Beth Jacobs

Coldwell Banker Realty - Marblehead Listed on: 10/17/2018

Coldwell Banker Realty - Marblehead

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,235

Year Built

  • Built in 1915

Lot Details

  • 8,712

Parking

  • 1 Car Garage

Kitchen

  • Range
  • Microwave
  • Disposal

Flooring

  • Wood
  • Tile

Laundry

  • Dryer
  • Washer

Utilities

  • Hot Water Baseboard Heater
  • Heating System Uses Gas
  • Natural Gas Water Heater
  • Cable TV Available

Additional Features

  • Basement

Community Details

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,235

Year Built

Built in 1915

Lot Details

0

Parking

1

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: 2/3 Family
  • Other Agent: 1.00
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 357.61
  • Comp Based On: Net Sale Price
  • Year Built: 1915
  • Lead Paint: Unknown
  • Unit Building: 2
  • Unit Level: 2
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1915

Interior Features

  • Flooring: Tile, Hardwood
  • Interior Amenities: Cable Available
  • Appliances: Range, Disposal, Microwave, Refrigerator, Washer, Dryer
  • No Bedrooms: 2
  • Master Bedroom: On Level: Second Floor, Closet, Flooring - Hardwood
  • Bedroom 2: On Level: Second Floor, Closet, Flooring - Hardwood
  • Full Bathrooms: 1
  • Bathroom 1: On Level: Second Floor, Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile
  • No Rooms: 4
  • Kitchen: On Level: Second Floor, Flooring - Stone/Ceramic Tile
  • Laundry: On Level: Second Floor, Dryer Hookup - Electric
  • Living Room: On Level: Second Floor, Flooring - Hardwood
  • Basement: Y
  • No Living Levels: 1
  • Main Lo: K95001
  • Main So: C66300
  • Estimated Sq Ft: 920.00

Exterior Features

  • Waterfront: Ocean
  • Waterfront Flag: Yes
  • Waterview Flag: Yes
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Exterior Unit Features: Porch

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 1
  • Garage Parking: Detached, Garage Door Opener, Storage
  • Garage Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers
  • Heating: Hot Water Baseboard, Gas
  • Heat Zones: 1
  • Hot Water: Natural Gas
  • Utility Connections: for Electric Range

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Tennis Court, Park, Walk/Jog Trails, Medical Facility, Marina, Public School, T-Station, University
  • Management: No Management

Lot Info

  • Assessments: 276100.00
  • Acre: 0.20
  • Lot Size: 8712.00
  • Page: 364
  • Zoning: R2

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Taxes: 4246.42
  • Assessor Parcel Number: 4782028

Multi Family

  • No Units: 3
  • No Units Owner Occ: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 9, 2024
Sold by
Druyetis Robert E and Leach Michelle
Bought by
Shafer Dennis and Shafer Diana N
Total Days on Market
139
Current Estimated Value
$502,926

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,750
Outstanding Balance
$370,374
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$115,325

Purchase Details

Listed on
Oct 17, 2018
Closed on
May 13, 2019
Sold by
Carney Jaime
Bought by
Druyetis Robert E and Leach Michelle
Seller's Agent
Beth Jacobs
Coldwell Banker Realty - Marblehead
Buyer's Agent
Beth Connor
Connor Real Estate
List Price
$329,000
Sold Price
$330,000
Premium/Discount to List
$1,000
0.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.63%
Original Mortgage
$264,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2009
Sold by
Boudreau Jean C and Boudreau Linda J
Bought by
Carney Jaime

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
4.92%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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Average Value
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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
Shafer Dennis $497,000 None Available
Shafer Dennis $497,000 None Available
Druyetis Robert E $330,000 --
Druyetis Robert E $330,000 --
Carney Jaime $240,000 --
Carney Jaime $240,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shafer Dennis $372,750
Closed Shafer Dennis $372,750
Previous Owner Druyetis Robert E $264,000
Previous Owner Carney Jaime $225,000
Previous Owner Carney Jaime $228,000
Previous Owner Carney Jaime $228,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2019 05/15/19 Sold $330,000 +0.3% $359 / Sq Ft
03/05/2019 03/05/19 Pending -- -- --
02/26/2019 02/26/19 Price Changed $329,000 0.0% $358 / Sq Ft
02/26/2019 02/26/19 For Sale $329,000 -0.3% $358 / Sq Ft
12/16/2018 12/16/18 Off Market $330,000 -- --
11/19/2018 11/19/18 Price Changed $339,000 -2.9% $368 / Sq Ft
10/17/2018 10/17/18 For Sale $349,000 -- $379 / 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 $5,235 $461,600 $0 $461,600
2024 $5,113 $440,000 $0 $440,000
2023 $5,030 $402,100 $0 $402,100
2022 $4,850 $366,000 $0 $366,000
2021 $4,775 $346,000 $0 $346,000
2020 $4,822 $333,700 $0 $333,700
2019 $4,575 $303,000 $0 $303,000
2018 $4,246 $276,100 $0 $276,100
2017 $4,162 $262,400 $0 $262,400
2016 $3,939 $251,400 $0 $251,400
2015 $3,945 $240,400 $0 $240,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72412497

MLS Property Information Network (MLS PIN)

APN: SALE-000033-000000-000555-000802-000802