NOT LISTED FOR SALE

Estimated Value: $410,000 - $522,000

2 Beds
2 Baths
1,283 Sq Ft
1798 Built

Last Sold February 29, 2016

Last sale price $212,400 $166 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $2,999/month

268 Days on Market

About This Home

As of February 2016

Price Reduced 10K & Priced to Sell! This Spacious 2 bedroom 1.5 bath condo is in one of Salem's most historic homes. The home was originally built in 1798 & was completely renovated in 2004. This condo features two large bedrooms, renovated eat in kitchen, dining room & 1.5 baths. The Master bedroom features hardwood floors & a large walk in closet. The 2nd bedroom is currently being used as an additional living room but is very large with wall to wall carpet. The living room is a great multi use space. The spacious eat in kitchen, features a half bath and a gas oven, that flows into the dining room that includes built in china hutch. Additional updates included a furnace that was updated in 2010, new kitchen cabinets, countertops and kitchen sink, remodeled bathroom, all rugs replaced, Interior and exterior newly painted & all decks redone. Come check out this condo that is within walking distance to the ocean, commuter rail, downtown and all that Salem has to offer. *Pets Welco

Last Agent to Sell the Property

Steven Lynch

Real Broker MA, LLC Listed on: 05/04/2015

Real Broker MA, LLC

Last Buyer's Agent

The Mavroules Team

Good Deeds Realty Partners

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2015
Closed on
Feb 29, 2016
Sold by
Mckinney Evan and Mckinney Marion
Bought by
Heard Diana
Seller's Agent
Steven Lynch
Real Broker MA, LLC
Buyer's Agent
The Mavroules Team
Good Deeds Realty Partners
List Price
$219,900
Sold Price
$212,400
Premium/Discount to List
-$7,500
-3.41%
Total Days on Market
268
Current Estimated Value
$473,260

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$260,860
Avg. Annual Appreciation
9.99%
Original Mortgage
$85,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 20, 2006
Sold by
Schlegel Alycia and Schlegel Robert
Bought by
Mckinney Evan and Maye Marion

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 20, 2004
Sold by
Holloran Dev Llc
Bought by
Schlegel Alycia and Schlegel Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,800
Interest Rate
5.85%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Heard Diana $212,400 --
Mckinney Evan $210,000 --
Schlegel Alycia $229,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heard Diana V $84,000
Closed Heard Diana $85,000
Previous Owner Schlegel Alycia $170,000
Previous Owner Schlegel Alycia $168,000
Previous Owner Schlegel Alycia $31,500
Previous Owner Schlegel Alycia $213,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/29/2016 02/29/16 Sold $212,400 -3.4% $166 / Sq Ft
01/27/2016 01/27/16 Pending -- -- --
10/12/2015 10/12/15 For Sale $219,900 +3.5% $171 / Sq Ft
09/21/2015 09/21/15 Off Market $212,400 -- --
09/21/2015 09/21/15 Pending -- -- --
08/04/2015 08/04/15 Price Changed $219,900 -4.3% $171 / Sq Ft
05/04/2015 05/04/15 For Sale $229,900 -- $179 / 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 $4,254 $375,100 $0 $375,100
2024 $4,154 $357,500 $0 $357,500
2023 $4,373 $349,600 $0 $349,600
2022 $4,241 $320,100 $0 $320,100
2021 $4,042 $292,900 $0 $292,900
2020 $3,987 $275,900 $0 $275,900
2019 $3,778 $250,200 $0 $250,200
2018 $3,408 $221,600 $0 $221,600
2017 $3,283 $207,000 $0 $207,000
2016 $3,106 $198,200 $0 $198,200
2015 $3,110 $189,500 $0 $189,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71829594

MLS Property Information Network (MLS PIN)

APN: SALE-000036-000000-000423-000801-000801