NOT LISTED FOR SALE

1200 Salem St Unit 152 Lynnfield, MA 01940

South Peabody Neighborhood

Estimated Value: $699,000 - $731,000

2 Beds
2.5 Baths
2,340 Sq Ft
$306/Sq Ft Est. Value

Last Sold February 21, 2024

Last sale price $660,000 $282 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $4,840/month

5 Days on Market

Highlights

  • In Ground Pool
  • Waterfront
  • Clubhouse
  • Pond View
  • Open Floorplan
  • Deck

About This Home

As of February 2024

This Cedar Pond Village Townhouse boasts four levels of spacious, sun-filled, freshly painted interiors, perfect for those seeking a versatile & comfortable home. The open-concept main level combines dining & living areas, featuring a charming wood fireplace & vaulted ceiling, w/easy deck access for outdoor enjoyment. The 2nd floor has laundry & offers 2 roomy bedrooms with walk-in closets, including a primary bedroom w/en-suite bath and pond views. The upper level is FLEX space--a guest room or home office with a vaulted ceiling and skylight. The lower level living space has a wood-burning fireplace and walk-out access to the patio and direct garage access for convenience. Nestled in a peaceful setting near major highways, this townhouse is a commuter's paradise. Cedar Pond Village also offers a vibrant community with amenities such as a pool, clubhouse, tennis court, gym, playground, bocce court, and scenic trails, enhancing the experience. BONUS--BRAND NEW HVAC & HOT WATER!

Last Agent to Sell the Property

Linda Hayes

William Raveis R.E. & Home Services Listed on: 01/23/2024

William Raveis R.E. & Home Services

Last Buyer's Agent

Louise Touchette

Coldwell Banker Realty - Lynnfield

Coldwell Banker Realty - Lynnfield

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,125

Year Built

  • Built in 1985

Lot Details

  • Waterfront

HOA Fees

  • $626 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Off-Street Parking

Home Design

  • Entry on the 1st floor
  • Shingle Roof

Interior Spaces

  • 2,340 Sq Ft Home
  • 4-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Sliding Doors
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Dining Area
  • Bonus Room
  • Pond Views
  • Basement

Kitchen

  • Range
  • Dishwasher
  • Stainless Steel Appliances
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • Dual Closets
  • Walk-In Closet

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Deck
  • Patio

Utilities

  • Cooling Available
  • 1 Cooling Zone
  • Forced Air Heating System
  • 1 Heating Zone
  • Heat Pump System

Community Details

Overview

  • Association fees include water, sewer, insurance, maintenance structure, road maintenance, ground maintenance, snow removal, trash, reserve funds
  • 196 Units
  • Cedar Pond Village Community

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Pet Policy

  • Call for details about the types of pets allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,125

Year Built

Built in 1985

Lot Details

0

HOA Fees

$626 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Townhouse
  • Year Built: 1985
  • Entry Level: 1
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 4

Interior Features

  • Flooring: Tile, Carpet, Hardwood
  • Interior Amenities: Ceiling Fan(s), Vaulted Ceiling(s), Bonus Room
  • Entry Location: Unit Placement(Street)
  • Fireplace Features: Family Room, Living Room
  • Fireplace YN: Yes
  • Fireplaces: 2
  • Appliances: Range,Dishwasher,Disposal,Refrigerator,Washer,Dryer
  • Total Bedrooms: 2
  • Room Bedroom2 Level: Second
  • Room Bedroom2 Features: Walk-In Closet(s), Flooring - Wall to Wall Carpet
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Room Master Bedroom Features: Bathroom - Full, Walk-In Closet(s), Flooring - Wall to Wall Carpet
  • Room Master Bedroom Level: Second
  • Master Bathroom Features: Yes
  • Bathroom 1 Level: First
  • Bathroom 2 Level: Second
  • Bathroom 3 Level: Second
  • Room Dining Room Features: Flooring - Hardwood, Open Floorplan
  • Room Dining Room Level: First
  • Room Family Room Level: Basement
  • Room Family Room Features: Flooring - Hardwood, Exterior Access, Closet - Double
  • Room Kitchen Level: Main,First
  • Room Kitchen Features: Flooring - Hardwood, Dining Area, Countertops - Stone/Granite/Solid, Stainless Steel Appliances
  • Laundry Features: Second Floor, In Unit
  • Room Living Room Level: First
  • Room Living Room Features: Vaulted Ceiling(s), Flooring - Hardwood, Deck - Exterior, Open Floorplan, Slider
  • Basement: Y
  • Living Area: 2340
  • Spa YN: No
  • Stories Total: 4
  • Window Features: Skylight(s)
  • MAIN LO: M59500
  • MAIN SO: AN6181

Exterior Features

  • Exterior Features: Deck, Patio
  • Home Warranty YN: No
  • Patio And Porch Features: Deck, Patio
  • Pool Features: Association, In Ground
  • Roof: Shingle
  • Waterfront Features: Waterfront, Pond
  • Waterfront YN: Yes
  • Waterview Flag: Yes

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage YN: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Parking Features: Attached, Off Street
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Heat Pump
  • Heating: Forced Air, Electric
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 1
  • COOLING ZONES: 1

Condo/Co-op/Association

  • Association Amenities: Pool, Tennis Court(s), Playground, Clubhouse
  • Association Fee: 626
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Senior Community YN: No
  • MANAGEMENT: Professional - Off Site
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash, Reserve Funds

Lot Info

  • Zoning: R5
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • OUTDOOR SPACE AVAILABLE: Yes - Common
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 5125

Multi Family

  • Number Of Units Total: 196
  • Basement Included Sq Ft: No
  • Waterview: Pond

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2024
Closed on
Feb 15, 2024
Sold by
Cavallaro Elizabeth L Est and Cavallaro
Bought by
Venuto Frank M and Venuto Penny G
Seller's Agent
Linda Hayes
William Raveis R.E. & Home Services
Buyer's Agent
Louise Touchette
Coldwell Banker Realty - Lynnfield
List Price
$599,900
Sold Price
$660,000
Premium/Discount to List
$60,100
10.02%
Views
53
Current Estimated Value
$715,374

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,374
Avg. Annual Appreciation
4.91%

Purchase Details

Closed on
Jan 29, 1999
Sold by
Goldman Jay and Goldman Lisa Faith
Bought by
Cavallaro Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,200
Interest Rate
6.8%

Purchase Details

Closed on
Jul 29, 1996
Sold by
Wurts Joh W and Wurts Paula C
Bought by
Goldman Jay and Goldman Lisa Faith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
8.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 30, 1991
Sold by
Cedar Pond Rt
Bought by
Wurts John W and Wurts Paula

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,600
Interest Rate
9.44%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Venuto Frank M $660,000 None Available
Cavallaro Elizabeth $230,000 --
Goldman Jay $189,000 --
Wurts John W $174,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wurts John W $15,000
Previous Owner Wurts John W $191,200
Previous Owner Wurts John W $135,000
Previous Owner Wurts John W $156,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/21/2024 02/21/24 Sold $660,000 +10.0% $282 / Sq Ft
01/29/2024 01/29/24 Pending -- -- --
01/23/2024 01/23/24 For Sale $599,900 -- $256 / 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 $5,638 $608,900 $0 $608,900
2024 $5,125 $562,000 $0 $562,000
2023 $5,136 $539,500 $0 $539,500
2022 $5,107 $505,600 $0 $505,600
2021 $4,899 $467,000 $0 $467,000
2020 $4,670 $434,800 $0 $434,800
2019 $4,468 $405,800 $0 $405,800
2018 $4,355 $380,000 $0 $380,000
2017 $4,279 $363,900 $0 $363,900
2016 $4,338 $363,900 $0 $363,900
2015 $4,160 $338,200 $0 $338,200
Source: Public Records

Agents Affiliated with this Home

  • Linda Hayes

    Seller's Agent in 2024

    Linda Hayes

    William Raveis R.E. & Home Services

    (781) 605-8805

    1 in this area

    90 Total Sales

    Linda Hayes
    Section Image
  • Louise Touchette

    Buyer's Agent in 2024

    Louise Touchette

    Coldwell Banker Realty - Lynnfield

    (617) 605-0555

    8 in this area

    241 Total Sales

    Louise Touchette
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73195900

MLS Property Information Network (MLS PIN)

APN: PEAB-000098-000000-000647

Massachusetts Essex County Lynnfield 01940 South Peabody

1200 Salem St Unit 152, Lynnfield, MA

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