12 Summit Ave Unit 1 Salem, MA 01970
South Salem NeighborhoodEstimated Value: $409,000 - $483,060
2
Beds
1
Bath
1,170
Sq Ft
$175/mo
HOA Fee
About This Home
As of July 2019Location Location Location! Absolutely beautiful Victorian style home featuring 1st floor living situated right in the heart of Salem. This home will check all of your boxes: open concept living, high ceilings, bay windows with tons of natural sunlight, large bedrooms with plenty of closet space, hardwood floors throughout, antique fireplace, eat-in kitchen, stainless steel appliances, granite countertops, tons of cabinet space, in-unit laundry/mudroom, cedar closet, exclusive garage parking, newer Harvey windows, newer high efficiency heating system and plenty of storage space in the basement. Additionally it's also conveniently situated just 2 blocks from the ocean and in close proximity to Forest River Park, Salem State University, Downtown Salem, Pickering Wharf, the Salem Commuter Rail, Salem Commons and Routes 1A, 114 & 107. This is the one you don't want to miss out on! Open Houses Saturday & Sunday 12-1:30. Offers are due Tuesday 6/11/19 at 2pm.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,647
Year Built
- Built in 1890
Lot Details
- 4,748
HOA Fees
- $175 per month
Parking
- 1 Car Garage
Kitchen
- Range
- ENERGY STAR Qualified Refrigerator
- Dishwasher
Flooring
- Wood
- Tile
Laundry
- Dryer
- Washer
Utilities
- Hot Water Baseboard Heater
- Heating System Uses Gas
- Electric Water Heater
Additional Features
- Basement
Community Details
- Call for details about the types of pets allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 5, 2019
Closed on
Jul 9, 2019
Sold by
Courtemanche James R and Janeliunas Tarya
Bought by
Wood Daniela and Wood John
Seller's Agent
Jason Berroa
Buyer's Agent
Lillian Montalto
Lillian Montalto Signature Properties
List Price
$319,000
Sold Price
$341,500
Premium/Discount to List
$22,500
7.05%
Total Days on Market
10
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,765
Avg. Annual Appreciation
5.07%
Original Mortgage
$307,350
Interest Rate
3.9%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jun 14, 2016
Closed on
Aug 25, 2016
Sold by
Miniscalco Sheryl
Bought by
Courtemanche James R
Seller's Agent
Pam McKee
Keller Williams Realty Evolution
Buyer's Agent
Amy Wallick
Lamacchia Realty, Inc.
List Price
$259,900
Sold Price
$280,000
Premium/Discount to List
$20,100
7.73%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.91%
Original Mortgage
$271,600
Interest Rate
3.42%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 29, 2005
Sold by
12 Summit Avenue Llc
Bought by
Miniscalco Sheryl
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,000
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage
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
Similar Homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Wood Daniela | $341,500 | -- | |
| Courtemanche James R | $280,000 | -- | |
| Miniscalco Sheryl | $235,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Wood Daniela | $307,800 | |
| Closed | Wood Daniela | $307,350 | |
| Previous Owner | Courtemanche James R | $271,600 | |
| Previous Owner | Miniscalco Sheryl | $204,000 | |
| Previous Owner | Miniscalco Sheryl | $51,000 | |
| Previous Owner | Miniscalco Sheryl | $47,000 | |
| Previous Owner | Miniscalco Sheryl | $188,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/15/2019 07/15/19 | Sold | $341,500 | +7.1% | $292 / Sq Ft |
| 06/15/2019 06/15/19 | Pending | -- | -- | -- |
| 06/05/2019 06/05/19 | For Sale | $319,000 | +13.9% | $273 / Sq Ft |
| 07/25/2016 07/25/16 | Sold | $280,000 | +7.7% | $239 / Sq Ft |
| 06/28/2016 06/28/16 | Pending | -- | -- | -- |
| 06/14/2016 06/14/16 | For Sale | $259,900 | -- | $222 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $4,647 | $409,800 | $0 | $409,800 |
| 2024 | $4,543 | $391,000 | $0 | $391,000 |
| 2023 | $4,426 | $353,800 | $0 | $353,800 |
| 2022 | $4,285 | $323,400 | $0 | $323,400 |
| 2021 | $4,219 | $305,700 | $0 | $305,700 |
| 2020 | $4,131 | $285,900 | $0 | $285,900 |
| 2019 | $3,924 | $259,900 | $0 | $259,900 |
| 2018 | $3,664 | $238,200 | $0 | $238,200 |
| 2017 | $3,592 | $226,500 | $0 | $226,500 |
| 2016 | $3,399 | $216,900 | $0 | $216,900 |
| 2015 | $3,403 | $207,400 | $0 | $207,400 |
Source: Public Records
Agents Affiliated with this Home
-
Jason Berroa
Seller's Agent in 2019
Jason Berroa
(617) 991-5100
28 Total Sales
-
Lillian Montalto
Buyer's Agent in 2019
Lillian Montalto
Lillian Montalto Signature Properties
(978) 815-6300
2 in this area
202 Total Sales
-
Pam McKee
Seller's Agent in 2016
Pam McKee
Keller Williams Realty Evolution
(978) 500-4047
14 in this area
107 Total Sales
-
Amy Wallick
Buyer's Agent in 2016
Amy Wallick
Lamacchia Realty, Inc.
(978) 767-0889
3 in this area
91 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72513205
APN: SALE-000033-000000-000454-000801-000801
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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