NOT LISTED FOR SALE

Estimated Value: $607,000 - $691,000

2 Beds
2.5 Baths
1,208 Sq Ft
1.24 Acres

Last Sold March 28, 2022

Last sale price $575,000 $476 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $4,174/month

About This Home

As of January 2023

6 or 12 month leases available. Move in date January 1st, 2023. Fully furnished modern penthouse condo in the heart of downtown Salem. Spacious 2 bedroom, 2.5 bathroom with balcony overlooking downtown Salem. Dedicated parking spot included with plenty of street parking around the property. Spacious and sunny bedrooms with gorgeous views. Two Smart TV's with HBO, YouTubeTV, Prime, Netflix and more. Electric Fire place, stainless steel appliances and the most comfortable mattresses money can buy. Owner pays for water, trash & sewer. Renter is responsible for gas & electric. Pets are allowed depending on the size of the pet. The condo comes fully furnished (1 king temperpedic mattress with floating bed frame, 1 full mattress, 1 sectional coach, 1 dining room table with 6 chairs, 1 stand desk, area rugs in every room, & 2 smart TV's.

Last Agent to Rent the Property

Ben Resnicow

Commonwealth Standard Realty Advisors Listed on: 12/19/2022

Last Renter's Agent

Ben Resnicow

Commonwealth Standard Realty Advisors Listed on: 12/19/2022

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,577

Year Built

  • 2019

Lot Details

  • 1.24

Parking

  • 1 Car Parking Space

Interior Spaces

  • 1,208 Sq Ft Home
  • 1 Fireplace

Bedrooms and Bathrooms

  • 2 Bedrooms

Listing and Financial Details

  • Security Deposit $3,850
  • Property Available on 1/1/23
  • Rent includes water
  • 12 Month Lease Term
  • Assessor Parcel Number M:26 L:0073 S:819,5117779

Community Details

Overview

  • Property has a Home Owners Association

Pet Policy

  • Call for details about the types of pets allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$6,577

Year Built

2019

Lot Details

0

Rental Info

  • Pets Allowed: Yes w/ Restrictions
  • Available Date: 2023-01-01
  • Lease Term: Term of Rental(12)
  • Available Now: No
  • Deposit Required: Yes
  • INSURANCE REQD: No
  • LAST MON REQD: No
  • REFERENCES REQD: Yes
  • SEC DEPOSIT: 3850

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Condominium
  • Entry Level: 2
  • CoOp Comp: 1/2 month
  • ResoPropertyType: ResidentialLease
  • ResoBuildingAreaSource: Other
  • Special Features: None
  • Year Built: 2019

Interior Features

  • Fireplace YN: Yes
  • Fireplaces: 1
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bathrooms: 2.5
  • Living Area: 1208
  • MAIN LO: AN2589
  • LIST PRICE PER Sq Ft: 3.19
  • PRICE PER Sq Ft: 3.19
  • MAIN SO: AN2589

Exterior Features

  • Waterfront YN: No

Garage/Parking

  • Total Parking Spaces: 1

Condo/Co-op/Association

  • Association YN: Yes
  • Rent Includes: Water
  • UNIT BUILDING: 6

Lot Info

  • Parcel Number: M:26 L:0073 S:819,5117779
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 54027
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Multi Family

  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2022
Closed on
Mar 28, 2022
Sold by
Passalacqua Minnesha
Bought by
Johnson Zachary
Seller's Agent
Chris Wolforth
RyVal Homes
Buyer's Agent
Ben Resnicow
Commonwealth Standard Realty Advisors
List Price
$549,000
Sold Price
$575,000
Premium/Discount to List
$26,000
4.74%
Current Estimated Value
$662,290

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,290
Avg. Annual Appreciation
4.33%
Original Mortgage
$546,725
Outstanding Balance
$515,096
Interest Rate
3.69%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$148,454
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
Johnson Zachary $575,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Zachary $546,725
Previous Owner Passalacqua Minnesha $475,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/04/2023 01/04/23 Rented $3,850 0.0% --
12/19/2022 12/19/22 For Rent $3,850 0.0% --
03/28/2022 03/28/22 Sold $575,000 +4.7% $476 / Sq Ft
02/22/2022 02/22/22 Pending -- -- --
02/14/2022 02/14/22 For Sale $549,000 +9.8% $454 / Sq Ft
09/30/2019 09/30/19 Sold $500,000 0.0% $400 / Sq Ft
08/22/2019 08/22/19 Pending -- -- --
08/12/2019 08/12/19 For Sale $499,999 -- $400 / 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 $6,577 $580,000 $0 $580,000
2024 $6,454 $555,400 $0 $555,400
2023 $6,647 $531,300 $0 $531,300
2022 $6,532 $493,000 $0 $493,000
2021 $6,476 $469,300 $0 $469,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73065819

MLS Property Information Network (MLS PIN)

APN: 26-0073-819