NOT LISTED FOR SALE

113 Bridge St Unit 2R Salem, MA 01970

Collins Cove Neighborhood

Estimated Value: $267,000 - $361,000

1 Bed
1 Bath
595 Sq Ft
1798 Built

Last Sold February 25, 2022

Last sale price $231,000 $388 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $2,006/month

5 Days on Market

Highlights

  • Wood Flooring
  • Bathtub with Shower
  • 3-minute walk to Collins Cove Park

About This Home

As of February 2022

Start the new year off with affordable home ownership! If you have grown weary of paying rent, then this may be your opportunity to own in vibrant, desirable Salem. This one-bedroom condo in a 4 unit complex, boasts a sunlit living room with refinished hardwood floors, and an eat-in kitchen with new wood flooring and in-unit laundry. An oversized closet with a custom shelving system, basement storage, one car off-street parking, low condo fee, pet friendly, gardens and a surprise backyard retreat add to value! Enjoy the ease of living in close proximity to the Commuter Rail to Boston, shopping, endless dining options, bike/walking path, beach, Salem Willows, museums and more!

Last Agent to Sell the Property

Maura Allard

Leading Edge Real Estate Listed on: 01/12/2022

Last Buyer's Agent

Cathy Johnson

William Raveis R.E. & Home Services

William Raveis R.E. & Home Services

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,735

Year Built

  • 1798

Interior Spaces

  • Light Fixtures
  • Exterior Basement Entry
  • Washer and Electric Dryer Hookup

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • Primary bedroom located on second floor
  • Bathtub with Shower

Utilities

  • 4 Heating Zones

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,735

Year Built

1798

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Gross/Full Sale Price
  • Directions: Bridge Street is Route 1A.
  • Garage Yn: No
  • Structure Type: Garden
  • Year Built Details: Approximate
  • Special Features: None
  • Year Built: 1798

Interior Features

  • Appliances: Range,Dishwasher,Disposal,Refrigerator,Washer,Dryer, Gas Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Dryer
  • Total Bathrooms: 1
  • Room Master Bedroom Features: Flooring - Wall to Wall Carpet
  • Room Master Bedroom Level: Second
  • Room Master Bedroom Area: 156
  • Master Bathroom Features: No
  • Bathroom 1 Area: 42
  • Bathroom 1 Features: Bathroom - With Tub & Shower
  • Bathroom 1 Level: Second
  • Room Kitchen Level: Second
  • Room Kitchen Features: Flooring - Wood, Dryer Hookup - Electric, Exterior Access, Washer Hookup, Lighting - Overhead
  • Room Kitchen Area: 165
  • Room Living Room Level: Second
  • Room Living Room Area: 225
  • Room Living Room Features: Closet, Flooring - Hardwood
  • MAIN LO: AN4643
  • LIST PRICE PER Sq Ft: 335.97
  • PRICE PER Sq Ft: 388.24
  • MAIN SO: AN6181
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace: No
  • Flooring: Tile, Carpet, Hardwood
  • Stories: 1
  • Window Features: Insulated Windows

Exterior Features

  • Roof: Shingle
  • Exterior Features: Garden
  • Common Walls: 2+ Common Walls, Corner
  • Construction Type: Frame
  • Disclosures: Antique Property, Floors Are Uneven. Exterior Painting Is Planned For Spring 2022.
  • Waterfront Features: Beach Front, Ocean, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
  • Waterfront: Yes

Garage/Parking

  • Parking Features: Off Street, Assigned
  • Total Parking Spaces: 1

Utilities

  • Cooling: None
  • Heating: Electric Baseboard, Electric
  • HEAT ZONES: 4
  • COOLING ZONES: 0
  • Cooling Y N: No
  • Electric: Circuit Breakers
  • Heating Yn: Yes
  • Laundry Features: Electric Dryer Hookup, Washer Hookup, Second Floor, In Unit
  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Dryer, Washer Hookup
  • Water Source: Public

Condo/Co-op/Association

  • UNIT BUILDING: 2R
  • MANAGEMENT: Owner Association
  • Association Fee: 125
  • Association: Yes
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Bike Path, House of Worship, Marina, Private School, Public School, T-Station, University
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance

Schools

  • High School: Salem His
  • Middle Or Junior School: Collins Ms

Lot Info

  • PAGE: 295
  • Farm Land Area Units: Square Feet
  • Zoning: B1

Multi Family

  • NO UNITS OWNER OCC: 2
  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 3013.92
  • Tax Book Number: 23488
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2022
Closed on
Feb 25, 2022
Sold by
Hayes Karen E
Bought by
Kea Ian C
Seller's Agent
Maura Allard
Leading Edge Real Estate
Buyer's Agent
Cathy Johnson
William Raveis R.E. & Home Services
List Price
$199,900
Sold Price
$231,000
Premium/Discount to List
$31,100
15.56%
Total Days on Market
5
Current Estimated Value
$318,040

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,040
Avg. Annual Appreciation
8.93%
Original Mortgage
$219,450
Outstanding Balance
$206,465
Interest Rate
3.55%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$99,851

Purchase Details

Closed on
Oct 8, 2004
Sold by
Holloran Dev Llc
Bought by
Hayes Karen E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,800
Interest Rate
5.84%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Similar Homes in the area

  • 4 Boardman St Unit 1, Salem, MA 01970

    $399,000

    • 1 Bed
    • 1 Bath
    • 760 Sq Ft
    • 4 Boardman St
    • Unit 1
    • Salem, MA

    Experience coastal living in this sun-filled first-floor condo, ideally located near Salem Common and just minutes from beautiful Collins Cove, Waikiki, and Dead Horse beaches. This charming home blends historic character with modern updates, featuring high ceilings, original wood moldings, recessed lighting, and vinyl plank flooring throughout. Natural light pours into the open living and

    Maria Rinaldo Lamacchia Realty, Inc.

    Section Image
  • 16 Bentley St Unit 3, Salem, MA 01970

    $379,900

    • 2 Beds
    • 1 Bath
    • 750 Sq Ft
    • 16 Bentley St
    • Unit 3
    • Salem, MA

    SMARTLY PRICED TWO BEDROOM penthouse condominium NEAR THE SALEM WATERFRONT, offering a BRIGHT AND SUNNY living experience, w/DEEDED ONSITE PARKING. SCHEDULE VIA SHOWINGTIME. Best 8:00AM to 2:00PM MONDAY - FRIDAY. Unit offers an APPEALING, OPEN-CONCEPT DESIGN, TWO BEDROOMS, a large full bath, and ABUNDANT NATURAL LIGHT streaming in from two 4 x 4 foot ROOF SKYLIGHTS. Outstanding location, just

    Paul Marino Paul R. Marino

    Section Image
  • 9 Kosciusko St Unit 3, Salem, MA 01970

    $379,000

    • 1 Bed
    • 1 Bath
    • 500 Sq Ft
    • 9 Kosciusko St
    • Unit 3
    • Salem, MA

    SUPER charming condo featuring ocean views from the skylights, exposed beams, hardwood floors and a pellet stove!! WOW location just off historic Derby Street with downtown Salem, Pickering Wharf and the water shuttle to Boston just minutes away. You'll love the open concept layout with cathedral ceilings, beautifully refinished hardwood floors and lots of natural light. The gorgeous and spacious

    Pam McKee Keller Williams Realty Evolution

    Section Image
  • 11 1/2 Mason St Unit 2, Salem, MA 01970

    $399,000

    • 2 Beds
    • 1 Bath
    • 745 Sq Ft
    • 11 1/2 Mason St
    • Unit 2
    • Salem, MA

    One mile from Historic Downtown Salem, this beautiful Air Conditioned 2 bedroom condo offers much to be desired. Open Living Room concept, modern kitchen with Careera countertop and stainless-steel appliances. Hardwood floors throughout. Primary bedroom with fully built system in walk in closet. Plumbing, electric, HVAC all renovated in 2020. New windows in 2021. Less than 1/2 mile to the MBTA

    Jennifer DeNisco Cameron Prestige, LLC

    Section Image
  • 18 Ropes St Unit 1L, Salem, MA 01970

    $330,000

    • 2 Beds
    • 1 Bath
    • 742 Sq Ft
    • 18 Ropes St
    • Unit 1L
    • Salem, MA

    Welcome to this inviting 2-bedroom, 1-bathroom condo ideally situated in the heart of downtown Salem! Just a mile from Salem State University, this home offers the perfect blend of comfort and convenience. A spacious bedroom is bathed in natural light from the large windows and features beautiful hardwood floors that flow seamlessly into the dining area. The kitchen is well-appointed with sleek

    Cristina Coppola Lamacchia Realty, Inc.

    Section Image
  • 31 Symonds St Unit 9, Salem, MA 01970

    $399,000

    • 2 Beds
    • 1 Bath
    • 740 Sq Ft
    • 31 Symonds St
    • Unit 9
    • Salem, MA

    BACK ON MARKET! Discover this beautifully renovated 2-bed, 1-bath home now available at The Balcomb Condominiums. Nestled moments away from historic Salem, this elegant residence features a stunning eat-in kitchen with stainless steel appliances, custom cabinetry, and waterfall quartz countertops. The open floor plan with new laminate wood flooring flows seamlessly onto a private balcony, perfect

    The Team - Real Estate Advisors Coldwell Banker Realty - Cambridge

    Section Image
  • 6R Hazel Terrace Unit 6, Salem, MA 01970

    $350,000

    • 2 Beds
    • 1 Bath
    • 708 Sq Ft
    • 6R Hazel Terrace
    • Unit 6
    • Salem, MA

    Charming top-floor condo, just under a mile from vibrant downtown Salem and a half mile from Salem State University. This versatile two-bedroom home, with windows in every room, can easily serve as a spacious one-bedroom. Nestled in a serene setting away from main roads, it features a generous kitchen opening to a back porch—perfect for relaxing or entertaining. Elegant French doors connect the

    Marc Green Coldwell Banker Realty - Marblehead

    Section Image
  • 11 Read St Unit 5, Salem, MA 01970

    $365,000

    • 3 Beds
    • 1 Bath
    • 807 Sq Ft
    • 11 Read St
    • Unit 5
    • Salem, MA

    *OPEN HOUSE: THIS SATURDAY 6/14 12:00p-2:00p* This thoughtfully designed 3-bedroom pet-friendly condo offers comfort, style, and versatility—just minutes from downtown Salem and Salem State University. Whether you’re looking for extra bedrooms, a dedicated home office, or a creative space, this unit adapts to your needs with ease. One bedroom is currently used as a home office/oversized walk-in

    Jaimee Savchuk Round Room

    Section Image
  • 1002 Paradise Rd Unit 2P, Swampscott, MA 01907

    $405,000

    • 2 Beds
    • 2 Baths
    • 1,123 Sq Ft
    • 1002 Paradise Rd
    • Unit 2P
    • Swampscott, MA

    Sunshine awaits you in this corner two bedroom, two bath with balcony. Enjoy your morning coffee or evening cocktail overlooking the beautiful landscaped grounds. Updated kitchen with spacious living and dining room combination with extra windows. The bedrooms are separated by a stall shower bathroom with a window. Ample closet space throughout plus a storage bin on the first floor. Laundry

    Patricia Ryan P.A.R. Properties, Inc.

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Kea Ian C $231,000 None Available
Hayes Karen E $171,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kea Ian C $219,450
Previous Owner Hayes Karen E $105,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2022 02/25/22 Sold $231,000 +15.6% $388 / Sq Ft
01/18/2022 01/18/22 Pending -- -- --
01/12/2022 01/12/22 For Sale $199,900 0.0% $336 / Sq Ft
11/29/2014 11/29/14 Rented $1,200 -14.3% --
10/30/2014 10/30/14 Under Contract -- -- --
08/18/2014 08/18/14 For Rent $1,400 0.0% --
09/24/2013 09/24/13 Rented $1,400 0.0% --
08/25/2013 08/25/13 Under Contract -- -- --
08/01/2013 08/01/13 For Rent $1,400 -- --
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 $2,735 $241,200 $0 $241,200
2024 $2,654 $228,400 $0 $228,400
2023 $2,937 $234,800 $0 $234,800
2022 $3,159 $238,400 $0 $238,400
2021 $3,014 $218,400 $0 $218,400
2020 $2,977 $206,000 $0 $206,000
2019 $2,824 $187,000 $0 $187,000
2018 $2,555 $166,100 $0 $166,100
2017 $2,460 $155,100 $0 $155,100
2016 $2,327 $148,500 $0 $148,500
2015 $2,329 $141,900 $0 $141,900
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72933045

MLS Property Information Network (MLS PIN)

APN: SALE-000036-000000-000423-000803-000803