NOT LISTED FOR SALE

1200 Salem St Unit 131 Lynnfield, MA 01940

South Peabody Neighborhood

Estimated Value: $692,761 - $745,000

2 Beds
4 Baths
2,060 Sq Ft
1985 Built

Last Sold September 27, 2021

Last sale price $570,000 $277 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $4,202/month

5 Days on Market

Highlights

  • Spa
  • Wood Flooring
  • Bay Window
  • Deck
  • Solid Surface Countertops
  • Walk-In Closet

About This Home

As of September 2021

Impeccable, UPGRADED townhome located in desirable Cedar Pond Complex. This multi level home is a bright, corner unit with lots of natural light, updated kitchen with granite coutertops, JennAir stove, stainless steel appliances. All new hardwood stairs and hallway. The dining room is open concept with parquet floors. The living room features hardwood floor, gas fireplace leading to a spacious deck. The master bedroom is spacious with two walk in closets, master marble bath with jacuzzi tub . The lowel level is a finished family room with a half bath, access to garage and patio. This home is a MUST SEE and is in MOVE IN CONDITION!

Last Agent to Sell the Property

Robert Drummey

NE Property Consultants Listed on: 08/18/2021

Last Buyer's Agent

Diane Cambria

Century 21 North East

Century 21 North East

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,714

Year Built

  • 1985

Parking

  • 1

Interior Spaces

  • Bay Window
  • Dining Area
  • Solid Surface Countertops

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • Primary bedroom located on third floor
  • Walk-In Closet

Outdoor Features

  • Spa
  • Deck

Utilities

  • 1 Heating Zone
  • Pellet Stove burns compressed wood to generate heat
  • Cable TV Available

Community Details

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,714

Year Built

1985

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • Carport Y N: No
  • Directions: 129 to Salem Street to 1200 unit 131
  • Garage Yn: Yes
  • Structure Type: Townhouse
  • Year Built Details: Actual
  • Special Features: None
  • Year Built: 1985

Interior Features

  • Appliances: Range,Dishwasher,Disposal,Microwave,Refrigerator, Electric Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Dryer
  • Entry Location: Unit Placement(Ground,Walkout)
  • Fireplace Features: Family Room, Living Room
  • Room Bedroom2 Level: Third
  • Room Bedroom2 Features: Bathroom - Full, Closet, Flooring - Wall to Wall Carpet
  • Room Master Bedroom Features: Bathroom - Full, Walk-In Closet(s), Closet, Flooring - Wall to Wall Carpet, Hot Tub / Spa, Cable Hookup
  • Room Master Bedroom Level: Third
  • Room Dining Room Features: Flooring - Hardwood
  • Room Dining Room Level: Second
  • Room Family Room Level: First
  • Room Family Room Features: Wood / Coal / Pellet Stove, Flooring - Hardwood, Flooring - Wall to Wall Carpet, Cable Hookup, Exterior Access
  • Room Kitchen Level: Second
  • Room Kitchen Features: Flooring - Stone/Ceramic Tile, Window(s) - Bay/Bow/Box, Dining Area, Countertops - Stone/Granite/Solid, Cabinets - Upgraded
  • Room Living Room Level: Second
  • Room Living Room Features: Flooring - Hardwood, Cable Hookup, Deck - Exterior
  • MAIN LO: AN0420
  • MAIN SO: AN4339
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Storm Door(s)
  • Fireplace: Yes
  • Fireplaces: 2
  • Flooring: Wood, Tile, Carpet
  • Private Spa: Yes
  • Stories: 3

Exterior Features

  • Roof: Shingle
  • Common Walls: Corner
  • Construction Type: Frame
  • Disclosures: Contingent Upon Sellers Finding Suitable Housing. All Offers To Be Submitted By 6pm, August 22nd.
  • Patio And Porch Features: Deck, Patio
  • Waterfront: No

Garage/Parking

  • Parking Features: Under, Off Street
  • Attached Garage: Yes
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Total Parking Spaces: 2

Utilities

  • Cooling: Central Air
  • Heating: Central, Forced Air, Natural Gas
  • HEAT ZONES: 1
  • Cooling Y N: Yes
  • Electric: 100 Amp Service
  • Heating Yn: Yes
  • Laundry Features: Third Floor, Washer Hookup
  • Security: Intercom, TV Monitor
  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Dryer, Washer Hookup
  • Water Source: Public

Condo/Co-op/Association

  • MANAGEMENT: Professional - On Site
  • Amenities: Pool, Clubroom
  • Association Fee: 483
  • Association: Yes
  • Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Medical Facility, Highway Access, House of Worship, Public School

Fee Information

  • Association Fee Includes: Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Trash

Lot Info

  • Farm Land Area Units: Square Feet
  • Zoning: r5

Multi Family

  • Number Of Units Total: 200

Tax Info

  • Tax Annual Amount: 4964
  • Tax Book Number: 25976
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 11, 2025
Sold by
Mchatton Leo A and Mchatton Patricia L
Bought by
Raso Liza
Current Estimated Value
$711,885

Purchase Details

Listed on
Aug 18, 2021
Closed on
Sep 21, 2021
Sold by
Beatrice Jonathan R and Beatrice Roberta M
Bought by
Mchatton Leo A and Mchatton Patricia L
Seller's Agent
Robert Drummey
NE Property Consultants
Buyer's Agent
Diane Cambria
Century 21 North East
List Price
$509,900
Sold Price
$570,000
Premium/Discount to List
$60,100
11.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.59%

Purchase Details

Closed on
Mar 20, 2002
Sold by
Pagels Robert H and Pagels Nancy T
Bought by
Beatrice Generoso J and Beatrice Roberta M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
6.91%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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
Raso Liza $690,000 None Available
Mchatton Leo A $570,000 None Available
Beatrice Generoso J $352,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Beatrice Generoso J $25,000
Previous Owner Beatrice Generoso J $97,500
Previous Owner Beatrice Generoso J $110,000
Previous Owner Beatrice Generoso J $110,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/27/2021 09/27/21 Sold $570,000 +11.8% $277 / Sq Ft
08/24/2021 08/24/21 Pending -- -- --
08/18/2021 08/18/21 For Sale $509,900 -- $248 / 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 $5,714 $617,100 $0 $617,100
2024 $5,196 $569,700 $0 $569,700
2023 $5,206 $546,800 $0 $546,800
2022 $5,175 $512,400 $0 $512,400
2021 $4,964 $473,200 $0 $473,200
2020 $4,732 $440,600 $0 $440,600
2019 $4,527 $411,200 $0 $411,200
2018 $4,413 $385,100 $0 $385,100
2017 $4,337 $368,800 $0 $368,800
2016 $4,396 $368,800 $0 $368,800
2015 $4,215 $342,700 $0 $342,700
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2021

    Robert Drummey

    NE Property Consultants

    Section Image

  • D

    Buyer's Agent in 2021

    Diane Cambria

    Century 21 North East

    (617) 293-1270

    3 in this area

    25 Total Sales

    Diane Cambria
    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72882981

MLS Property Information Network (MLS PIN)

APN: PEAB-000098-000000-000620

Massachusetts Essex County Lynnfield 01940 South Peabody

1200 Salem St Unit 131, Lynnfield, MA

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.

MLS Property Information Network (MLS PIN) 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.

Nearby Homes