NOT LISTED FOR SALE

1100 Salem St Unit 8 Lynnfield, MA 01940

South Peabody Neighborhood

Estimated Value: $529,113 - $536,000

2 Beds
2 Baths
1,263 Sq Ft
1983 Built

Last Sold July 31, 2024

Last sale price $500,000 $396 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,123/month

4 Days on Market

Highlights

  • In Ground Pool
  • 1 Fireplace
  • Recreation Facilities
  • Clubhouse
  • Wine Refrigerator
  • Balcony

About This Home

As of July 2024

Rarely available 2 bed 2 bath unit in ideal Lynnfield location. Cedar Pond Village is an absolute oasis close to everything yet somehow completely secluded from it all. Come see this spacious and well laid out upper level condo which is part of a well-run, high owner occupancy association. No wasted space in this lovely home complete with high-end totally renovated kitchen, in-unit laundry, central AC, excellent closet space, fireplaced living room, and a private porch overlooking the beautifully landscaped property. Garage parking, swimming pool, tennis courts, and an impressive common clubhouse round out this impressive opportunity. First showings at Open Houses Saturday 6/1 12-1pm and Sunday 6/2 12-1pm.

Last Agent to Sell the Property

Philip Smith

Gibson Sotheby's International Realty Listed on: 05/29/2024

Gibson Sotheby's International Realty

Last Buyer's Agent

Jessica Molisse

William Raveis R.E. & Home Services

William Raveis R.E. & Home Services

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,680

Year Built

  • Built in 1983

Parking

  • 1 Car Garage

Home Design

  • Garden Home
  • Entry on the 2nd floor
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,263 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Balcony

Utilities

  • Forced Air Heating and Cooling System

Community Details

Overview

  • Association fees include water, sewer, insurance, maintenance structure, road maintenance, ground maintenance, snow removal, reserve funds
  • 196 Units
  • Mid-Rise Condominium

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Recreation Facilities
  • Community Pool

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,680

Year Built

Built in 1983

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Garden, Mid-Rise
  • Year Built: 1983
  • Entry Level: 2
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 1

Interior Features

  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Range, Dishwasher, Disposal, Trash Compactor, Microwave, Refrigerator, Washer, Dryer, Wine Refrigerator
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Laundry Features: In Unit
  • Basement: N
  • Living Area: 1263
  • Spa YN: No
  • Stories Total: 1
  • MAIN LO: BB5918
  • MAIN SO: M59500

Exterior Features

  • Exterior Features: Balcony
  • Construction Materials: Frame
  • Home Warranty YN: No
  • Pool Features: Association, In Ground
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 1
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air, Electric
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Pool, Recreation Facilities, Clubroom
  • Association Fee: 511
  • Senior Community YN: No

Fee Information

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

Lot Info

  • Zoning: res
  • 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: 2024
  • Tax Annual Amount: 3680

Multi Family

  • Number Of Units Total: 196
  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 4, 2020
Sold by
Esposito Ft
Bought by
Esposito Samantha and Murillo Julio
Current Estimated Value
$532,778

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Outstanding Balance
$254,065
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$278,713

Purchase Details

Closed on
Dec 14, 2009
Sold by
Esposito Michael P
Bought by
Esposito Ft

Purchase Details

Closed on
Jul 1, 1982
Bought by
Esposito Ft
Source: Public Records

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
Esposito Samantha $300,000 None Available
Esposito Ft -- --
Esposito Ft -- --
Esposito Ft $92,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Esposito Samantha $285,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2024 07/31/24 Sold $500,000 +5.3% $396 / Sq Ft
06/03/2024 06/03/24 Pending -- -- --
05/29/2024 05/29/24 For Sale $475,000 -- $376 / 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 $4,018 $433,900 $0 $433,900
2024 $3,653 $400,500 $0 $400,500
2023 $3,495 $367,100 $0 $367,100
2022 $3,590 $355,400 $0 $355,400
2021 $3,443 $328,200 $0 $328,200
2020 $3,282 $305,600 $0 $305,600
2019 $3,140 $285,200 $0 $285,200
2018 $3,061 $267,100 $0 $267,100
2017 $3,008 $255,800 $0 $255,800
2016 $3,049 $255,800 $0 $255,800
2015 $2,802 $227,800 $0 $227,800
Source: Public Records

Agents Affiliated with this Home

  • Philip Smith

    Seller's Agent in 2024

    Philip Smith

    Gibson Sotheby's International Realty

    (617) 264-7900

    1 in this area

    31 Total Sales

    Philip Smith
    Section Image

  • J

    Buyer's Agent in 2024

    Jessica Molisse

    William Raveis R.E. & Home Services

    (978) 835-3879

    2 in this area

    36 Total Sales

    Jessica Molisse
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73243898

MLS Property Information Network (MLS PIN)

APN: PEAB-000098-000000-000507

Massachusetts Essex County Lynnfield 01940 South Peabody

1100 Salem St Unit 8, Lynnfield, MA

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