NOT LISTED FOR SALE

Estimated Value: $886,000 - $926,000

3 Beds
2.5 Baths
1,904 Sq Ft
$476/Sq Ft Est. Value

Last Sold May 16, 2024

Last sale price $850,000 $446 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $5,739/month

4 Days on Market

Highlights

  • 0.19 Acre Lot
  • Forced Air Heating and Cooling System
  • 3-minute walk to Gonyea Park
  • 2 Fireplaces
  • 1 Car Garage

About This Home

As of May 2024

Live in elegance with this beautifully 2019 renovated Greek Revival townhouse. With its classic architecture, spacious interior, and modern upgrades, this 3-bedroom, 2.5-bathroom townhouse offers a blend of timeless charm and modern luxury. As you enter, you're greeted by tall ceilings and beautiful wide planked wood floors that flow throughout. The heart of the home is the renovated kitchen, featuring quarts countertops, upgraded appliances, and ample storage, this kitchen is a dream for both chefs and entertainers alike. Upstairs, three spacious bedrooms and 2 full bathrooms offer peaceful retreats for all the hustle and bustle that Salem has to offer. The primary suite features a vaulted ceiling, walk-in closet and beautiful en-suite. Additionally 116 Bridge St. offers a private garage, exclusive lawn/patio, and 2 additional parking spots. Notable location proximity to Collins Cove Beach .2 mi, Salem MBTA .6 mi, Salem Commons .3mi.

Last Agent to Sell the Property

Brandon Collins

William Raveis R.E. & Home Services Listed on: 03/27/2024

William Raveis R.E. & Home Services

Last Buyer's Agent

The Muncey Group

Compass

Compass

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $9,359

Year Built

  • Built in 1800

Lot Details

  • 8,111 Sq Ft Lot

Parking

  • 1 Car Garage

Interior Spaces

  • 1,904 Sq Ft Home
  • 3-Story Property
  • 2 Fireplaces
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • Association fees include insurance
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number M:36 L:0069 S:801,5117808

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$9,359

Year Built

Built in 1800

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Townhouse
  • Year Built: 1800
  • Buyer Agency: 2
  • Entry Level: 1
  • Transaction Broker: 1
  • Year Built Details: Renovated Since
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Fireplace YN: Yes
  • Fireplaces: 2
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bathrooms: 2.5
  • Basement: Y
  • Living Area: 1904
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: M59500
  • LIST PRICE PER Sq Ft: 433.3
  • PRICE PER Sq Ft: 446.43
  • MAIN SO: AN2383

Exterior Features

  • Home Warranty YN: No
  • Waterfront Features: Beach Front, 1/10 to 3/10 To Beach
  • 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, Natural Gas
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 152
  • Senior Community YN: No
  • UNIT BUILDING: 1

Fee Information

  • Association Fee Includes: Insurance

Lot Info

  • Parcel Number: M:36 L:0069 S:801,5117808
  • Zoning: R2
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.19
  • Lot Size Area: 0.19
  • Lot Size Sq Ft: 8111
  • Lot Size Units: Acres
  • PAGE: 206
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 9359
  • Tax Book Number: 37984

Multi Family

  • Number Of Units Total: 2
  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2024
Closed on
May 15, 2024
Sold by
Strader Eric
Bought by
Kumar Avnish and Marcou Margot
Seller's Agent
Brandon Collins
William Raveis R.E. & Home Services
Buyer's Agent
The Muncey Group
Compass
List Price
$825,000
Sold Price
$850,000
Premium/Discount to List
$25,000
3.03%
Views
58
Current Estimated Value
$906,933

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,933
Avg. Annual Appreciation
5.28%
Original Mortgage
$765,900
Outstanding Balance
$756,450
Interest Rate
6.82%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$150,483

Purchase Details

Listed on
Aug 20, 2019
Closed on
Nov 25, 2019
Sold by
Kej Development Llc
Bought by
Strader Eric
Seller's Agent
Kevin Mccafferty
RyVal Homes
Buyer's Agent
Benjamin Snow
Coldwell Banker Realty - Boston
List Price
$649,900
Sold Price
$660,000
Premium/Discount to List
$10,100
1.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.81%
Original Mortgage
$425,000
Interest Rate
3.5%
Mortgage Type
New Conventional
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
Kumar Avnish $851,000 None Available
Kumar Avnish $851,000 None Available
Strader Eric $660,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kumar Avnish $765,900
Closed Kumar Avnish $765,900
Previous Owner Strader Eric $425,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2024 05/16/24 Sold $850,000 +3.0% $446 / Sq Ft
04/01/2024 04/01/24 Pending -- -- --
03/27/2024 03/27/24 For Sale $825,000 +25.0% $433 / Sq Ft
11/25/2019 11/25/19 Sold $660,000 +1.6% $347 / Sq Ft
09/02/2019 09/02/19 Pending -- -- --
08/20/2019 08/20/19 For Sale $649,900 -- $341 / 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 $9,573 $844,200 $0 $844,200
2024 $9,359 $805,400 $0 $805,400
2023 $9,161 $732,300 $0 $732,300
2022 $8,846 $667,600 $0 $667,600
2021 $8,705 $630,800 $0 $630,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73216751

MLS Property Information Network (MLS PIN)

APN: 36-0069-801