NOT LISTED FOR SALE

Estimated Value: $430,000 - $472,000

2 Beds
1 Bath
813 Sq Ft
$300/mo HOA Fee

Last Sold January 29, 2021

Last sale price $362,000 $445 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $3,117/month

14 Days on Market

Highlights

  • Wood Flooring
  • Intercom
  • 1-minute walk to Swiniuch Park

About This Home

As of January 2021

Nestled in the heart of Salem, and nearby many landmarks and local establishments, you'll find this lovely condo that's ready for new ownership. Located just off Salem Harbor this first level unit has gorgeous dark hardwoods and tall ceilings. Modern wall colors, as well as the updated kitchen and large windows makes for a cheery and cozy living space. The expansive kitchen features granite countertops, island, stainless appliances, gas range and a multitude of cabinet space. The open floor plan flows directly into the living room that enjoys great late afternoon sun exposure. The bedrooms are well-proportioned with ample closet space. A full bath, with tub/shower rounds out the space. Laundry hook-ups in the unit are available as well as separate private hook-ups in your basement storage space. Close proximity to Salem Common, the Peabody Essex Museum, and an array of unique local shops makes this home a fantastic choice!

Last Agent to Sell the Property

Chinatti Realty Group

Chinatti Realty Group, Inc. Listed on: 12/14/2020

Chinatti Realty Group, Inc.

Co-Listed By

Nick Cuevas

Compass

Last Buyer's Agent

Leah Pennini

Gamut Group LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,789

Year Built

  • Built in 1900

Lot Details

  • 10,019

HOA Fees

  • $300 per month

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Laundry

  • Laundry in unit

Utilities

  • Hot Water Baseboard Heater
  • Heating System Uses Gas
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number M:41 L:0316 S:802

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,789

Year Built

Built in 1900

Lot Details

0

HOA Fees

$300 per month

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: 2/3 Family
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 405.78
  • Comp Based On: Net Sale Price
  • Year Built: 1900
  • Lead Paint: Unknown
  • Unit Building: 1R
  • Unit Level: 1
  • Unit Placement: Street
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1900

Interior Features

  • Flooring: Tile, Hardwood
  • Interior Amenities: Cable Available, Intercom
  • Appliances: Range, Dishwasher, Microwave, Refrigerator
  • No Bedrooms: 2
  • Master Bedroom: On Level: First Floor, Ceiling Fan(s), Closet, Flooring - Hardwood, Main Level
  • Bedroom 2: On Level: First Floor, Ceiling Fan(s), Closet, Flooring - Hardwood, Main Level
  • Full Bathrooms: 1
  • Bathroom 1: On Level: First Floor, Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile, Main Level
  • No Rooms: 4
  • Kitchen: On Level: First Floor, Closet, Flooring - Hardwood, Dining Area, Countertops - Stone/Granite/Solid, Main Level, Kitchen Island, Open Floor Plan, Recessed Lighting, Stainless Steel Appliances, Lighting - Pendant
  • Laundry: On Level: Basement
  • Laundry Features: In Building, In Unit
  • Living Room: On Level: First Floor, Ceiling Fan(s), Flooring - Hardwood, Main Level, Exterior Access, Open Floor Plan
  • No Living Levels: 1
  • Main Lo: AN5454
  • Main So: AN5931
  • Estimated Sq Ft: 813.00

Exterior Features

  • Exterior: Wood
  • Insulation Feature: Partial
  • Exterior Unit Features: Porch

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers
  • Heating: Hot Water Baseboard, Gas
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range, for Electric Dryer, Washer Hookup

Condo/Co-op/Association

  • Fee Interval: Monthly
  • Amenities: Shopping, Marina
  • HOA Fees: 300.00
  • Association Fee Includes: Heat, Water, Sewer, Master Insurance, Exterior Maintenance, Snow Removal, Refuse Removal
  • Condo Association: Yes
  • Association Security: Intercom

Lot Info

  • Assessments: 282800.00
  • Acre: 0.23
  • Lot Size: 10088.00
  • Page: 373
  • Parcel Number: M:41 L:0316 S:802
  • Zoning: B1

Green Features

  • Energy Features: Insulated Windows

Tax Info

  • Taxes: 4086.00
  • Assessor Parcel Number: 4593711
  • Tax Year: 2020

Multi Family

  • No Units: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2020
Closed on
Jan 15, 2021
Sold by
Balcom Alan and Loeffler Katie
Bought by
Daly Jena K
Seller's Agent
Chinatti Realty Group
Chinatti Realty Group, Inc.
Buyer's Agent
Leah Pennini
Gamut Group LLC
List Price
$329,900
Sold Price
$362,000
Premium/Discount to List
$32,100
9.73%
Current Estimated Value
$457,919

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,919
Avg. Annual Appreciation
4.57%
Original Mortgage
$289,600
Outstanding Balance
$261,244
Interest Rate
2.67%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$184,280

Purchase Details

Listed on
Apr 28, 2016
Closed on
Aug 12, 2016
Sold by
Elouche Akram S
Bought by
Loeffler Katie
Seller's Agent
Shirley Burke
Coldwell Banker Realty - Marblehead
Buyer's Agent
Richard Rosa
Buyers Brokers Only, LLC
List Price
$269,900
Sold Price
$270,000
Premium/Discount to List
$100
0.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.78%
Original Mortgage
$261,900
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 24, 2010
Sold by
Spring Christopher W and Streff Megan C
Bought by
Elouche Akram S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,610
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 29, 2005
Sold by
Investm Renaissance Re
Bought by
Spring Christopher W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,305
Interest Rate
5.67%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Daly Jena K $362,000 None Available
Loeffler Katie $270,000 --
Elouche Akram S $222,900 --
Spring Christopher W $268,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Daly Jena K $289,600
Previous Owner Balcom Alan $249,000
Previous Owner Loeffler Katie $261,900
Previous Owner Spring Christopher W $198,000
Previous Owner Spring Christopher W $200,610
Previous Owner Spring Christopher W $54,623
Previous Owner Spring Christopher W $40,305
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2021 01/29/21 Sold $362,000 +9.7% $445 / Sq Ft
12/28/2020 12/28/20 Pending -- -- --
12/14/2020 12/14/20 For Sale $329,900 +22.2% $406 / Sq Ft
08/12/2016 08/12/16 Sold $270,000 0.0% $332 / Sq Ft
05/04/2016 05/04/16 Pending -- -- --
04/28/2016 04/28/16 For Sale $269,900 0.0% $332 / Sq Ft
03/21/2014 03/21/14 Rented $1,775 0.0% --
03/21/2014 03/21/14 For Rent $1,775 +10.9% --
11/01/2012 11/01/12 Rented $1,600 -11.1% --
11/01/2012 11/01/12 For Rent $1,800 -- --
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 $4,789 $422,300 $0 $422,300
2024 $4,686 $403,300 $0 $403,300
2023 $4,524 $361,600 $0 $361,600
2022 $4,366 $329,500 $0 $329,500
2021 $4,021 $291,400 $0 $291,400
2020 $4,086 $282,800 $0 $282,800
2019 $3,979 $263,500 $0 $263,500
2018 $3,880 $252,300 $0 $252,300
2017 $3,989 $251,500 $0 $251,500
2016 $3,686 $235,200 $0 $235,200
2015 $3,563 $217,100 $0 $217,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72766901

MLS Property Information Network (MLS PIN)

APN: SALE-000041-000000-000316-000802-000802