NOT LISTED FOR SALE

1200 Salem St Unit 187 Lynnfield, MA 01940

South Peabody Neighborhood

Estimated Value: $653,097 - $724,000

2 Beds
3 Baths
1,995 Sq Ft
$479/mo HOA Fee

Last Sold November 15, 2021

Last sale price $502,000 $252 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $4,534/month

13 Days on Market

Highlights

  • Open Floorplan
  • Cathedral Ceiling
  • Upgraded Countertops
  • Deck
  • Wood Flooring
  • Stainless Steel Appliances

About This Home

As of November 2021

Location is ideal in this beautiful quiet complex yet so close to highways on the Lynnfield/Peabody line. This immaculately updated Tri-level townhome is the latest Phase at desirable Cedar Pond Village offering views of the fountain/pond surrounded by a tranquil, wooded backdrop. The unit is well-lit due to huge Architectual windows & glass doors featuring 3 levels. Just updated with new flooring, rugs, soft color palette, lighting, Stainless appliances & more. Roof 1 yr, HVAC system 3 yr old is highly efficient. Enter the 1st floor Foyer to a semi-open floor plan, LR has a gorgeous Marble fireplace and h/w floors adjoining to dining room, eat-in kitchen and deck. 2nd level has a huge master suite with full bath, a laundry, & 2nd BR with full BA. Lower level bonus room w/new carpeting offers access to patio & garage. Country club amenities with no maintenance. The Community hosts a clubhouse, inground pool, game courts & much more. Convenient location to Routes 95/1/128, shops & more

Last Agent to Sell the Property

M. J. Taglieri

Options Real Estate Services, LLC Listed on: 07/21/2021

Last Buyer's Agent

Luciano Leone Team

RE/MAX 360

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,669

Year Built

  • 1994

HOA Fees

  • $479 per month

Parking

  • 1

Interior Spaces

  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Decorative Lighting
  • Light Fixtures
  • Bay Window
  • French Doors
  • Sliding Doors
  • Dining Area

Kitchen

  • Stainless Steel Appliances
  • Upgraded Countertops

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • Primary bedroom located on second floor
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower
  • Separate Shower

Outdoor Features

  • Deck

Utilities

  • 1 Cooling Zone
  • 1 Heating Zone
  • Cable TV Available

Community Details

  • Common Area

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,669

Year Built

1994

Lot Details

0

HOA Fees

$479 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • Carport Y N: No
  • Directions: USE GPS- Lynnfield St or Rte 1 or 95 exit Lynnfield/Peabody to Goodwin Circle to Cedar Pond Village
  • Garage Yn: Yes
  • Structure Type: Townhouse
  • Year Built Details: Actual
  • Special Features: None
  • Year Built: 1994

Interior Features

  • Appliances: Range,Dishwasher,Disposal,Microwave,Refrigerator,Washer,Dryer, Electric Water Heater, Plumbed For Ice Maker, Utility Connections for Electric Range, Utility Connections for Electric Dryer
  • Entry Location: Unit Placement(Street)
  • Fireplace Features: Living Room
  • Room Bedroom2 Level: Second
  • Room Bedroom2 Features: Bathroom - 3/4, Flooring - Wall to Wall Carpet, Window(s) - Bay/Bow/Box
  • Room Master Bedroom Features: Bathroom - Full, Bathroom - Double Vanity/Sink, Cathedral Ceiling(s), Ceiling Fan(s), Walk-In Closet(s), Closet, Flooring - Wall to Wall Carpet, Slider
  • Room Master Bedroom Level: Second
  • Master Bathroom Features: Yes
  • Bathroom 1 Features: Bathroom - Half
  • Bathroom 1 Level: First
  • Bathroom 2 Level: Second
  • Bathroom 2 Features: Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile
  • Bathroom 3 Features: Bathroom - 3/4, Bathroom - Tiled With Shower Stall, Closet, Flooring - Stone/Ceramic Tile
  • Bathroom 3 Level: Second
  • Room Dining Room Features: Flooring - Hardwood, French Doors, Open Floorplan, Lighting - Pendant
  • Room Dining Room Level: First
  • Room Kitchen Level: Main
  • Room Kitchen Features: Bathroom - Half, Cathedral Ceiling(s), Ceiling Fan(s), Flooring - Laminate, Window(s) - Bay/Bow/Box, Dining Area, Countertops - Upgraded, Open Floorplan, Recessed Lighting, Stainless Steel Appliances
  • Room Living Room Level: Main
  • Room Living Room Features: Bathroom - Half, Flooring - Hardwood, Window(s) - Bay/Bow/Box, French Doors, Cable Hookup, Deck - Exterior, Open Floorplan, Lighting - Overhead
  • MAIN LO: C95127
  • MAIN SO: AN4305
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: French Doors
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Tile, Carpet, Laminate, Hardwood, Flooring - Wall to Wall Carpet
  • Interior Amenities: Closet, High Speed Internet Hookup, Slider, Walk-in Storage, Bonus Room
  • Stories: 3

Exterior Features

  • Roof: Shingle
  • Exterior Features: Decorative Lighting, Professional Landscaping, Sprinkler System, Tennis Court(s)
  • Common Walls: 2+ Common Walls
  • Construction Type: Frame
  • Disclosures: 1. Subject To Seller Securing A New Home- Please Help. 2. This Section Of The Development Has A Lynnfield Address And Po But Address Is Registered In Peabody For Tax Billing And Schools 3. Main Level Begins Up One Flight Of Stairs; Lower Level Bonus Room Is Ground Level Is Above Grade And Walk Out
  • Patio And Porch Features: Porch, Deck - Wood, Patio
  • Pool Features: Association, In Ground
  • Waterfront: No

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Heat Pump, Electric
  • HEAT ZONES: 1
  • COOLING ZONES: 1
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating Yn: Yes
  • Laundry Features: Electric Dryer Hookup, Second Floor, In Unit, Washer Hookup
  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Dryer, Washer Hookup, Icemaker Connection
  • Water Source: Public

Condo/Co-op/Association

  • MANAGEMENT: Professional - Off Site
  • Amenities: Pool, Tennis Court(s), Playground, Park, Fitness Center, Clubroom, Clubhouse
  • Association Fee: 479
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station, University
  • Pets Allowed: Breed Restrictions

Fee Information

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

Lot Info

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

Multi Family

  • Basement Included Sq Ft: Yes
  • Number Of Units Total: 196

Tax Info

  • Tax Annual Amount: 4771
  • Tax Book Number: 39285
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2021
Closed on
Nov 15, 2021
Sold by
Salvati Eleanor L and Salvati Gerard P
Bought by
Martinez Nicole D
Seller's Agent
M. J. Taglieri
Options Real Estate Services, LLC
Buyer's Agent
Luciano Leone Team
RE/MAX 360
List Price
$499,900
Sold Price
$502,000
Premium/Discount to List
$2,100
0.42%
Current Estimated Value
$684,524

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,524
Avg. Annual Appreciation
8.17%
Original Mortgage
$459,706
Outstanding Balance
$421,358
Interest Rate
3.01%
Mortgage Type
FHA
Estimated Equity
$263,166

Purchase Details

Listed on
May 1, 2020
Closed on
Dec 2, 2020
Sold by
Jean B Zarrella Ret
Bought by
Salvati Eleanor L and Salvati Gerard P
Seller's Agent
Frank Rossetti
Coldwell Banker Realty - Lynnfield
Buyer's Agent
M. J. Taglieri
Options Real Estate Services, LLC
List Price
$465,000
Sold Price
$455,000
Premium/Discount to List
-$10,000
-2.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.15%
Original Mortgage
$386,750
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 8, 2019
Sold by
Blackburn-Zarrella Jean
Bought by
J Blackburn Zarrella Ret

Purchase Details

Closed on
Jul 20, 1994
Sold by
Jed Nt
Bought by
Zarella Rt
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
Martinez Nicole D $502,000 None Available
Salvati Eleanor L $455,000 None Available
J Blackburn Zarrella Ret -- --
Blackburn-Zarrella Jean -- --
Zarella Rt $154,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Nicole D $459,706
Previous Owner Salvati Eleanor L $386,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/15/2021 11/15/21 Sold $502,000 +0.4% $252 / Sq Ft
08/02/2021 08/02/21 Pending -- -- --
07/20/2021 07/20/21 For Sale $499,900 +9.9% $251 / Sq Ft
12/11/2020 12/11/20 Sold $455,000 -2.2% $239 / Sq Ft View Prior Sale
10/14/2020 10/14/20 Pending -- -- --
10/08/2020 10/08/20 For Sale $465,000 0.0% $245 / Sq Ft
10/02/2020 10/02/20 Pending -- -- --
08/26/2020 08/26/20 Price Changed $465,000 -2.0% $245 / Sq Ft
08/12/2020 08/12/20 Price Changed $474,500 -1.1% $250 / Sq Ft
08/12/2020 08/12/20 Price Changed $479,900 +3.0% $253 / Sq Ft
08/12/2020 08/12/20 Price Changed $465,900 -2.8% $245 / Sq Ft
07/14/2020 07/14/20 Price Changed $479,500 -2.1% $252 / Sq Ft
07/12/2020 07/12/20 Price Changed $489,900 -1.0% $258 / Sq Ft
07/10/2020 07/10/20 For Sale $494,900 0.0% $260 / Sq Ft
06/30/2020 06/30/20 Pending -- -- --
05/01/2020 05/01/20 For Sale $494,900 -- $260 / 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 $5,669 $612,200 $0 $612,200
2024 $5,154 $565,100 $0 $565,100
2023 $4,927 $517,500 $0 $517,500
2022 $4,973 $492,400 $0 $492,400
2021 $4,771 $454,800 $0 $454,800
2020 $4,547 $423,400 $0 $423,400
2019 $4,351 $395,200 $0 $395,200
2018 $4,241 $370,100 $0 $370,100
2017 $4,168 $354,400 $0 $354,400
2016 $4,224 $354,400 $0 $354,400
2015 $4,050 $329,300 $0 $329,300
Source: Public Records

Agents Affiliated with this Home

  • M. J. Taglieri

    Seller's Agent in 2021

    M. J. Taglieri

    Options Real Estate Services, LLC

    (978) 979-0845

    3 in this area

    71 Total Sales

    M. J. Taglieri
    Section Image
  • Luciano Leone Team

    Buyer's Agent in 2021

    Luciano Leone Team

    RE/MAX 360

    7 in this area

    196 Total Sales

    Luciano Leone Team
    Section Image
  • Frank Rossetti

    Seller's Agent in 2020

    Frank Rossetti

    Coldwell Banker Realty - Lynnfield

    (781) 718-4662

    1 in this area

    49 Total Sales

    Frank Rossetti
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72869100

MLS Property Information Network (MLS PIN)

APN: PEAB-000098-000000-000682

Massachusetts Essex County Lynnfield 01940 South Peabody

1200 Salem St Unit 187, Lynnfield, MA

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