NOT LISTED FOR SALE

Estimated Value: $408,000 - $478,000

2 Beds
1 Bath
763 Sq Ft
$150/mo HOA Fee

Last Sold April 08, 2022

Last sale price $360,000 $472 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,808/month

6 Days on Market

Highlights

  • Waterfront
  • Property is near public transit
  • 2 Fireplaces
  • Deck
  • Wood Flooring
  • 1-minute walk to Swiniuch Park

About This Home

As of April 2022

1786 Ocean block condo in Historic Salem MA. One car covered garage. This bright and airy 2 bedroom, 1 bath condo, includes washer and dryer in unit, ocean view from deck, with ample storage in basement. All in short distance to: The House of Seven Gables, PEM, restaurants and local beaches. Close to train station, MBTA or take the ferry to Boston.OFFERS WILL BE DUE TUESDAY @ 5.SELLER RESERVES THE RIGHT TO EXCEPT A OFFER BEFORE TUESDAY DEADLINE.

Last Agent to Sell the Property

Abigail Bates

Coldwell Banker Realty - Beverly Listed on: 02/16/2022

Coldwell Banker Realty - Beverly

Last Buyer's Agent

Kerry Welton

Real Broker MA, LLC

Real Broker MA, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,108

Year Built

  • Built in 1786

HOA Fees

  • $150 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Open Parking
  • Deeded Parking

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 763 Sq Ft Home
  • 1-Story Property
  • 2 Fireplaces

Kitchen

  • Range
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • 1 Full Bathroom

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Bentley Elementary School
  • Collins Middle School
  • Salem High School

Utilities

  • Window Unit Cooling System
  • 1 Heating Zone
  • Heating System Uses Oil
  • Baseboard Heating
  • 110 Volts
  • Natural Gas Connected
  • Oil Water Heater

Additional Features

  • Deck
  • Waterfront

Listing and Financial Details

  • Assessor Parcel Number 2138132

Community Details

Overview

  • Association fees include water, sewer, insurance, maintenance structure, ground maintenance, snow removal, trash
  • 3 Units

Amenities

  • Shops

Recreation

  • Park
  • Bike Trail

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,108

Year Built

Built in 1786

Lot Details

0

HOA Fees

$150 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: 2/3 Family
  • Year Built: 1786
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Entry Level: 2
  • Transaction Broker: 0
  • Transaction Broker Type: %
  • Year Built Details: Certified Historic
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Gross/Full Sale Price
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Wood, Carpet
  • Fireplace YN: Yes
  • Fireplaces: 2
  • Appliances: Range,Dishwasher,Refrigerator,Washer,Dryer, Oil Water Heater, Utility Connections for Gas Range
  • Total Bedrooms: 2
  • Room Bedroom2 Level: Second
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Level: Second
  • Master Bathroom Features: No
  • Bathroom 1 Level: Second
  • Room Dining Room Level: Second
  • Room Family Room Level: Second
  • Room Kitchen Level: Second
  • Laundry Features: Second Floor
  • Room Living Room Level: Second
  • Living Area: 763
  • Stories Total: 1
  • MAIN LO: AN6181
  • LIST PRICE PER Sq Ft: 463.83
  • PRICE PER Sq Ft: 471.82
  • MAIN SO: BB5474

Exterior Features

  • Patio And Porch Features: Deck - Wood
  • Waterfront Features: Beach Front, Beach Ownership(Public)
  • Waterfront YN: Yes

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage YN: No
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Detached, Deeded, Paved

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Cooling: Window Unit(s)
  • Heating: Baseboard, Oil
  • Cooling Y N: Yes
  • Electric: 110 Volts
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 1

Condo/Co-op/Association

  • Association Fee: 150
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Park, Bike Path, House of Worship, Public School, T-Station, University
  • UNIT BUILDING: 2
  • MANAGEMENT: Owner Association
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Lot Info

  • Parcel Number: 2138132
  • Zoning: r3
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • PAGE: 570
  • OUTDOOR SPACE AVAILABLE: Yes - Private

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4107.5
  • Tax Book Number: 35382

Multi Family

  • Number Of Units Total: 3
  • NO UNITS OWNER OCC: 2

MLS Schools

  • High School: Salem High
  • Elementary School: Bentley
  • Middle Or Junior School: Collins

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2022
Closed on
Apr 8, 2022
Sold by
Folkins Danielle K
Bought by
Wise Angela and Woodward Phyllis L
Seller's Agent
Abigail Bates
Coldwell Banker Realty - Beverly
Buyer's Agent
Kerry Welton
Real Broker MA, LLC
List Price
$353,900
Sold Price
$360,000
Premium/Discount to List
$6,100
1.72%
Current Estimated Value
$436,997

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,997
Avg. Annual Appreciation
4.43%
Original Mortgage
$346,750
Outstanding Balance
$328,299
Interest Rate
4.72%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$90,015

Purchase Details

Listed on
Aug 19, 2016
Closed on
Oct 25, 2016
Sold by
127 Derby Street Rt
Bought by
Folkins Danielle K
Seller's Agent
Jason Saphire
Saphire Hospitality, Inc.
Buyer's Agent
Ruth Kendrew
Coldwell Banker Realty - Lynnfield
List Price
$229,900
Sold Price
$229,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.42%
Original Mortgage
$218,405
Interest Rate
3.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 19, 2013
Sold by
Sarno Douglas E
Bought by
127 Derby Street Rt

Purchase Details

Closed on
Jun 15, 2012
Sold by
Yourell Karen M
Bought by
Sarno Douglas E

Purchase Details

Closed on
Mar 6, 2003
Sold by
Power John J
Bought by
Yourell Karen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,600
Interest Rate
5.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 27, 1999
Sold by
Cox Elizabeth A
Bought by
Power John J

Purchase Details

Closed on
Jun 12, 1998
Sold by
Minacapilli Salvatore
Bought by
Cox Elizabeth A

Purchase Details

Closed on
Apr 17, 1997
Sold by
Higgins James P and Higgins Jill E
Bought by
Minacapilli Salvatore

Purchase Details

Closed on
Aug 15, 1988
Sold by
Davern Timothy J
Bought by
Higgins James P
Source: Public Records

Range of Values:

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Average Value
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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
Wise Angela $365,000 None Available
Folkins Danielle K $229,900 --
127 Derby Street Rt -- --
Sarno Douglas E $175,000 --
Yourell Karen M $172,000 --
Power John J $121,000 --
Cox Elizabeth A $76,265 --
Minacapilli Salvatore $42,500 --
Higgins James P $117,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wise Angela $346,750
Closed Wise Angela $15,000
Previous Owner Folkins Danielle K $218,405
Previous Owner Higgins James P $144,000
Previous Owner Higgins James P $137,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2022 04/08/22 Sold $360,000 +1.7% $472 / Sq Ft
02/23/2022 02/23/22 Pending -- -- --
02/16/2022 02/16/22 For Sale $353,900 +53.9% $464 / Sq Ft
10/04/2016 10/04/16 Pending -- -- --
09/19/2016 09/19/16 Sold $229,900 0.0% $301 / Sq Ft
09/01/2016 09/01/16 Pending -- -- --
08/19/2016 08/19/16 For Sale $229,900 -- $301 / 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 $4,199 $370,300 $0 $370,300
2024 $4,237 $364,600 $0 $364,600
2023 $4,223 $337,600 $0 $337,600
2022 $4,108 $310,000 $0 $310,000
2021 $4,042 $292,900 $0 $292,900
2020 $3,962 $274,200 $0 $274,200
2019 $3,767 $249,500 $0 $249,500
2018 $3,502 $227,700 $0 $227,700
2017 $3,140 $198,000 $0 $198,000
2016 $2,971 $189,600 $0 $189,600
2015 $2,973 $181,200 $0 $181,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72943378

MLS Property Information Network (MLS PIN)

APN: SALE-000041-000000-000315-000802-000802