NOT LISTED FOR SALE

Estimated Value: $747,000 - $796,000

2 Beds
2 Baths
1,690 Sq Ft
$455/Sq Ft Est. Value

Last Sold July 12, 2024

Last sale price $718,250 $425 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $5,104/month

12 Days on Market

Highlights

  • Marina
  • No Units Above
  • 0.17 Acre Lot
  • Ocean View
  • Waterfront
  • 4-minute walk to Collins Cove Park

About This Home

As of July 2024

Experience Luxurious Living in this well-appointed 2 Bed, 2 Bath Penthouse Unit offering picturesque water views of Collins Cove. Key features include a State-of-the-Art Kitchen outfitted with stainless appliances and Quartz countertops, ideal for any home chef. Spacious and bright open floor plan with high ceilings, custom built-ins, gas fireplace, hardwood floors, office nook perfect for remote work or study, and bathrooms with high end finishes for a spa-like experience. A comprehensive renovation in 2019 include a rubber roof and Hardie Board siding for long-lasting durability. Spacious storage area in the basement and two deeded off street parking spots. Close to the commuter rail for easy access to Boston, the scenic waterfront, and vibrant downtown Salem. Don’t miss the opportunity to make this stunning penthouse your new home, where luxury meets convenience and breathtaking views await. Respectfully, no Escalation clauses and no Love Letters.

Last Agent to Sell the Property

Joyce Sullivan

Keller Williams Realty Evolution Listed on: 05/17/2024

Keller Williams Realty Evolution

Last Buyer's Agent

Joyce Sullivan

Keller Williams Realty Evolution Listed on: 05/17/2024

Keller Williams Realty Evolution

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,605

Year Built

  • Built in 1920

Lot Details

  • 7,593 Sq Ft Lot
  • Waterfront
  • Landscaped Professionally
  • Property is zoned R2

HOA Fees

  • $400 Monthly HOA Fees

Property Views

  • Ocean
  • Harbor

Home Design

  • Garden Home
  • Entry on the 3rd floor
  • Frame Construction
  • Rubber Roof

Interior Spaces

  • 1,690 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Recessed Lighting
  • Decorative Lighting
  • Insulated Windows
  • Bay Window
  • Insulated Doors
  • Living Room with Fireplace
  • Dining Area
  • Home Office
  • Basement

Kitchen

  • Range
  • Microwave
  • ENERGY STAR Qualified Refrigerator
  • ENERGY STAR Qualified Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Solid Surface Countertops

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on third floor
  • Custom Closet System
  • Linen Closet
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Laundry

  • Laundry on upper level
  • Laundry in Bathroom
  • ENERGY STAR Qualified Dryer
  • Dryer
  • ENERGY STAR Qualified Washer

Parking

  • 2 Car Parking Spaces
  • Paved Parking
  • Open Parking
  • Off-Street Parking
  • Deeded Parking

Outdoor Features

  • Water Access
  • Balcony
  • Deck
  • Patio

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Forced Air Heating and Cooling System
  • 1 Cooling Zone
  • 1 Heating Zone
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number M:36 L:0462 S:803,5075358
  • Tax Block 0462

Community Details

Overview

  • Association fees include water, sewer, insurance, maintenance structure, ground maintenance, snow removal
  • The Cove At Spring Condominium Community

Amenities

  • Common Area
  • Shops

Recreation

  • Marina
  • Tennis Courts
  • Park
  • Jogging Path
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,605

Year Built

Built in 1920

Lot Details

0

HOA Fees

$400 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Detached, Garden
  • Year Built: 1920
  • Buyer Agency: 2
  • Dual Variable: Yes
  • Entry Level: 3
  • Transaction Broker: 1
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Flooring: Tile, Hardwood, Flooring - Hardwood
  • Interior Amenities: Closet, Recessed Lighting, Office
  • Door Features: Insulated Doors
  • Fireplace Features: Living Room
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Washer
  • Total Bedrooms: 2
  • Room Bedroom2 Level: Third
  • Room Bedroom2 Features: Bathroom - Full, Closet - Linen, Flooring - Stone/Ceramic Tile
  • Room Bedroom2 Area: 140
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Room Master Bedroom Features: Bathroom - Full, Bathroom - Double Vanity/Sink, Walk-In Closet(s), Flooring - Hardwood, Recessed Lighting
  • Room Master Bedroom Level: Third
  • Room Master Bedroom Area: 208
  • Master Bathroom Features: Yes
  • Bathroom 1 Area: 78
  • Bathroom 1 Features: Bathroom - Double Vanity/Sink, Flooring - Stone/Ceramic Tile, Recessed Lighting, Lighting - Sconce
  • Bathroom 1 Level: Third
  • Bathroom 2 Level: Third
  • Bathroom 2 Area: 72
  • Bathroom 2 Features: Flooring - Stone/Ceramic Tile, Recessed Lighting
  • Room Kitchen Level: Third
  • Room Kitchen Features: Closet/Cabinets - Custom Built, Flooring - Hardwood, Window(s) - Bay/Bow/Box, Dining Area, Balcony - Exterior, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Kitchen Island, Open Floorplan, Recessed Lighting, Stainless Steel Appliances, Lighting - Pendant
  • Room Kitchen Area: 325
  • Laundry Features: Bathroom - Full, Flooring - Stone/Ceramic Tile, Third Floor, In Unit
  • Room Living Room Level: Third
  • Room Living Room Area: 234
  • Room Living Room Features: Closet/Cabinets - Custom Built, Flooring - Hardwood, Open Floorplan
  • Room Office Level: Third
  • Room Office Area: 98
  • Room Office Features: Closet, Flooring - Hardwood, Recessed Lighting
  • Basement: Y
  • Accessibility Features: No
  • Living Area: 1690
  • Spa YN: No
  • Stories Total: 3
  • Window Features: Insulated Windows
  • MAIN LO: C95098
  • LIST PRICE PER Sq Ft: 414.14
  • PRICE PER Sq Ft: 425
  • MAIN SO: C95098

Exterior Features

  • Exterior Features: Deck - Composite, Patio, Professional Landscaping
  • Common Walls: No One Above
  • Construction Materials: Frame
  • Home Warranty YN: No
  • Patio And Porch Features: Deck - Composite, Patio
  • Roof: Rubber
  • Waterfront Features: Beach Front, Direct Access, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No
  • Waterview Flag: Yes

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Off Street, Deeded, Paved
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Cooling: Central Air
  • Heating: Central, Forced Air, Natural Gas
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 1
  • COOLING ZONES: 1

Condo/Co-op/Association

  • Association Fee: 400
  • Association Fee Frequency: Monthly
  • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Bike Path, Marina, Private School, Public School, T-Station, University
  • Senior Community YN: No
  • UNIT BUILDING: 3
  • MANAGEMENT: Owner Association
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Lot Info

  • Parcel Number: M:36 L:0462 S:803,5075358
  • Zoning: R2
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.17
  • Lot Size Area: 0.17
  • Lot Size Sq Ft: 7593
  • Lot Size Units: Acres
  • Property Attached YN: No
  • PAGE: 10
  • OUTDOOR SPACE AVAILABLE: Yes - Common
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 7605
  • Tax Block: 0462
  • Tax Book Number: 37575
  • Tax Map Number: 36

Multi Family

  • Number Of Units Total: 3
  • Basement Included Sq Ft: No
  • NO UNITS OWNER OCC: 3
  • Waterview: Harbor, Ocean, Public, Walk to

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2024
Closed on
Jul 12, 2024
Sold by
Stevens Ft Of 2015 and Stevens
Bought by
Hart Pamela R and Hart Paul J
Seller's Agent
Joyce Sullivan
Keller Williams Realty Evolution
Buyer's Agent
Joyce Sullivan
Keller Williams Realty Evolution
List Price
$699,900
Sold Price
$718,250
Premium/Discount to List
$18,350
2.62%
Views
25
Current Estimated Value
$768,283

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,033
Avg. Annual Appreciation
5.90%
Original Mortgage
$438,250
Outstanding Balance
$434,960
Interest Rate
7.03%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$334,002

Purchase Details

Closed on
Jul 28, 2020
Sold by
Stevens Judith and Stevens Patrick W
Bought by
Stevens Ft 2015 and Stevens

Purchase Details

Listed on
Apr 24, 2019
Closed on
Jun 10, 2019
Sold by
Przydzial Rt and Shea
Bought by
Stevens Judith and Stevens William
Seller's Agent
Jenna Lovely
The Lovely Advisory LLC
Buyer's Agent
Kim Folan Cordima
Compass
List Price
$554,900
Sold Price
$540,000
Premium/Discount to List
-$14,900
-2.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.79%
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
Hart Pamela R $718,250 None Available
Hart Pamela R $718,250 None Available
Stevens Ft 2015 -- None Available
Stevens Ft 2015 -- None Available
Stevens Judith $540,000 --
Stevens Judith $540,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hart Pamela R $438,250
Closed Hart Pamela R $438,250
Previous Owner Stevens Judith $230,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2024 07/12/24 Sold $718,250 +2.6% $425 / Sq Ft
05/30/2024 05/30/24 Pending -- -- --
05/17/2024 05/17/24 For Sale $699,900 +29.6% $414 / Sq Ft
06/10/2019 06/10/19 Sold $540,000 -2.7% $320 / Sq Ft
04/30/2019 04/30/19 Pending -- -- --
04/24/2019 04/24/19 For Sale $554,900 -- $328 / 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 $7,764 $684,700 $0 $684,700
2024 $7,605 $654,500 $0 $654,500
2023 $7,524 $601,400 $0 $601,400
2022 $7,303 $551,200 $0 $551,200
2021 $7,187 $520,800 $0 $520,800
2020 $7,225 $500,000 $0 $500,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73240037

MLS Property Information Network (MLS PIN)

APN: 36-0462-803