$330,000
SOLD AUG 28, 2017
3 Beds
2 Baths
1,300 Sq Ft
3,485 Sq Ft Lot

Recently Sold

$254 Per Sq Ft

8% Below List Price

21 Days on Market

About This Home

As of July 2024

Twelve Rice Street unit one is Salem's newest address for sophististicated condominium living. This rare" Philadelphia designed" unit features an open floor plan, contemporary state of the art kitchen includes Frigidaire Gallery stainless appliances and beautiful marble counters, wine cooler, wine rack, stunning living room that boasts of gleaming hardwood floors, designer lighting, crown molding, spa baths, private master suite with walk in closet, Lyric wifi thermostats, new electric, new high efficiency on demand hot water, all new windows security system, Ring video door bell that connects to your smart phone, exclusive yard area, walk to train and ferry to Boston and one car parking. Embrace the metropolitan lifestyle and easy access to transportation Salem has to offer.

Last Agent to Sell the Property

Merry Fox Team

MerryFox Realty Listed on: 07/21/2017

Last Buyer's Agent

Michael Shea

Shea Real Estate

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,108

Year Built

1880

Lot Details

0

Listing Details

  • Unit Level: 1
  • Unit Placement: Street
  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Townhouse
  • Other Agent: 2.25
  • Lead Paint: Unknown
  • Year Round: Yes
  • Year Built Description: Approximate
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1880

Interior Features

  • Has Basement: Yes
  • Primary Bathroom: Yes
  • Number of Rooms: 5
  • Amenities: Public Transportation, Shopping, Tennis Court, Park, Walk/Jog Trails, Golf Course, Medical Facility, Laundromat, Conservation Area, House of Worship, Marina, Private School, Public School, T-Station, University
  • Electric: Circuit Breakers
  • Energy: Insulated Windows
  • Flooring: Hardwood
  • Insulation: Full
  • Bedroom 2: First Floor
  • Bedroom 3: First Floor
  • Bathroom #1: Second Floor
  • Bathroom #2: First Floor
  • Kitchen: First Floor
  • Laundry Room: First Floor
  • Living Room: First Floor
  • Master Bedroom: Second Floor
  • Master Bedroom Description: Bathroom - Double Vanity/Sink, Closet - Walk-in
  • Dining Room: First Floor
  • No Bedrooms: 3
  • Full Bathrooms: 2
  • No Living Levels: 2
  • Main Lo: C95279
  • Main So: C95279

Exterior Features

  • Construction: Frame
  • Exterior Unit Features: Patio, Fenced Yard
  • Beach Ownership: Public

Garage/Parking

  • Parking: Off-Street
  • Parking Spaces: 1

Utilities

  • Cooling Zones: 2
  • Heat Zones: 2
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range, for Gas Oven
  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Sewage District: SESD

Condo/Co-op/Association

  • Condominium Name: Rice House
  • Association Fee Includes: Water, Sewer, Master Insurance, Security, Landscaping, Snow Removal
  • Pets Allowed: Yes
  • No Units: 2
  • Unit Building: 1

Fee Information

  • Fee Interval: Monthly

Lot Info

  • Assessor Parcel Number: M:36 L:0204
  • Zoning: Res

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2024
Closed on
Jul 29, 2024
Sold by
Tolan Erin M
Bought by
Bramlett Kimberly
Seller's Agent
Harry Silverstein
Keller Williams Realty Boston Northwest
Buyer's Agent
Steven Mango
StartPoint Realty
List Price
$625,000
Sold Price
$610,000
Premium/Discount to List
-$15,000
-2.4%
Views
51
Current Estimated Value
$637,506

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,506
Avg. Annual Appreciation
4.42%
Original Mortgage
$365,000
Outstanding Balance
$361,895
Interest Rate
6.38%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$275,611

Purchase Details

Listed on
May 18, 2018
Closed on
Aug 1, 2018
Sold by
Smith Jacquelyn M
Bought by
Tolan Erin M
Seller's Agent
Michael Shea
Shea Real Estate
Buyer's Agent
Merry Fox Team
MerryFox Realty
List Price
$399,900
Sold Price
$400,000
Premium/Discount to List
$100
0.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.29%
Original Mortgage
$320,000
Interest Rate
3.75%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Condominium Deed $610,000 None Available
Condominium Deed $610,000 None Available
Deed $400,000 --
Deed $400,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $365,000 Purchase Money Mortgage
Closed $365,000 Purchase Money Mortgage
Previous Owner $318,000 Adjustable Rate Mortgage/ARM
Previous Owner $325,000 Adjustable Rate Mortgage/ARM
Previous Owner $320,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2024 07/29/24 Sold $610,000 -2.4% $479 / Sq Ft
06/20/2024 06/20/24 Pending -- -- --
06/06/2024 06/06/24 For Sale $625,000 +56.3% $491 / Sq Ft
08/01/2018 08/01/18 Sold $400,000 0.0% $308 / Sq Ft
05/25/2018 05/25/18 Pending -- -- --
05/18/2018 05/18/18 For Sale $399,900 +21.2% $308 / Sq Ft
08/28/2017 08/28/17 Sold $330,000 -8.1% $254 / Sq Ft
08/11/2017 08/11/17 Pending -- -- --
07/21/2017 07/21/17 For Sale $359,000 -- $276 / 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 $6,108 $538,600 $0 $538,600
2024 $5,906 $508,300 $0 $508,300
2023 $5,636 $450,500 $0 $450,500
2022 $5,484 $413,900 $0 $413,900
2021 $5,396 $391,000 $0 $391,000
2020 $5,293 $366,300 $0 $366,300
2019 $5,034 $333,400 $0 $333,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72201747

MLS Property Information Network (MLS PIN)

APN: 36-0204-801