NOT LISTED FOR SALE

Estimated Value: $398,000 - $465,000

3 Beds
1 Bath
1,013 Sq Ft
$185/mo HOA Fee

Last Sold October 04, 2024

Last sale price $415,000 $410 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,783/month

24 Days on Market

Highlights

  • Marina
  • Water Access
  • Property is near public transit
  • Golf Course Community
  • Medical Services
  • 1-minute walk to High Street Park

About This Home

As of October 2024

Welcome to your new home in historic Salem! This updated 3-bed condo, conveniently located near downtown Salem, blends comfort with modern amenities. Discover gleaming hardwood floors, elegant recessed lighting, and an eat-in kitchen featuring quartz countertops, upgraded cabinets, and a gas stove. Each spacious bedroom offers abundant natural lighting. The recently remodeled bathroom in 2023 adds a touch of luxury. Enjoy peace of mind with a heating system replaced in 2021 and a water heater that’s just 3 years old. Downtown Salem offers a rich history, eclectic shops, diverse dining, and lively entertainment options, all just minutes from your doorstep. The true gem of this home is the enchanting backyard garden, a lush oasis perfect for relaxation, sipping morning coffee, enjoying alfresco meals, or hosting garden parties. This serene space offers a delightful view and a bountiful harvest throughout the seasons. Schedule a visit today and let's move you to Salem.

Last Agent to Sell the Property

Cynthia Nina-Soto

Nina-Soto Realty, LLC Listed on: 08/08/2024

Last Buyer's Agent

Kevin Herrera

Real Broker MA, LLC

Real Broker MA, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,641

Year Built

  • Built in 1920

Lot Details

  • Near Conservation Area
  • Two or More Common Walls
  • Fenced Yard
  • Garden

HOA Fees

  • $185 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor
  • Frame Construction
  • Slate Roof

Interior Spaces

  • 1,013 Sq Ft Home
  • 3-Story Property
  • Recessed Lighting
  • Decorative Lighting
  • Light Fixtures
  • Insulated Windows
  • Basement

Kitchen

  • Stove
  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom
  • Bathtub with Shower

Parking

  • On-Street Parking
  • Open Parking

Outdoor Features

  • Water Access
  • Walking Distance to Water
  • Outdoor Storage

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • No Cooling
  • 1 Heating Zone
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • 100 Amp Service

Listing and Financial Details

  • Assessor Parcel Number M:25 L:0620 S:802,2132043

Community Details

Overview

  • Association fees include water, sewer, insurance, maintenance structure, trash, reserve funds
  • 3 Units

Amenities

  • Medical Services
  • Common Area
  • Shops
  • Coin Laundry

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Community Pool
  • Park
  • Jogging Path
  • Bike Trail

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,641

Year Built

Built in 1920

Lot Details

0

HOA Fees

$185 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: 2/3 Family
  • Year Built: 1920
  • Entry Level: 2
  • Year Built Details: Approximate
  • Year Round: Yes
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Flooring: Tile, Hardwood
  • Fireplace YN: No
  • Appliances: Range, Dishwasher, Microwave, Refrigerator
  • Total Bedrooms: 3
  • Room Bedroom2 Level: Main,Second
  • Room Bedroom2 Features: Closet, Flooring - Hardwood, Recessed Lighting
  • Room Bedroom3 Features: Closet, Flooring - Hardwood, Lighting - Overhead
  • Room Bedroom3 Level: Main,Second
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Main Level Bathrooms: 1
  • Room Master Bedroom Features: Closet, Flooring - Hardwood, Lighting - Overhead
  • Room Master Bedroom Level: Main,Second
  • Bathroom 1 Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Lighting - Sconce
  • Bathroom 1 Level: Main,Second
  • Room Kitchen Level: Main,Second
  • Room Kitchen Features: Closet, Flooring - Hardwood, Countertops - Stone/Granite/Solid, Cabinets - Upgraded, Recessed Lighting, Gas Stove
  • Laundry Features: In Building
  • Room Living Room Level: Main,Second
  • Room Living Room Features: Flooring - Hardwood, Recessed Lighting
  • Basement: Y
  • Accessibility Features: No
  • Living Area: 1013
  • Spa YN: No
  • Stories Total: 3
  • Window Features: Insulated Windows
  • MAIN LO: AN6324
  • MAIN SO: AN4866

Exterior Features

  • Exterior Features: Storage, Fenced Yard, Garden
  • Common Walls: 2+ Common Walls
  • Construction Materials: Frame
  • Fencing: Security, Fenced
  • Home Warranty YN: No
  • Roof: Slate
  • Waterfront Features: Beach Front, Beach Access, Bay, Ocean, Direct Access, Walk to, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: On Street

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Cooling: None
  • Heating: Hot Water, Natural Gas
  • Cooling Y N: No
  • Electric: 100 Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 1
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Association Fee: 185
  • Association Fee Frequency: Monthly
  • Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, House of Worship, Marina, Private School, Public School, T-Station, University
  • Senior Community YN: No
  • MANAGEMENT: Owner Association
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Trash, Reserve Funds

Lot Info

  • Parcel Number: M:25 L:0620 S:802,2132043
  • Zoning: R2
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.1
  • Lot Size Sq Ft: 4487
  • 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: 3641

Multi Family

  • Number Of Units Total: 3
  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2024
Closed on
Oct 4, 2024
Sold by
Salem Lucky Units Llc
Bought by
Arapi Iftimi
Seller's Agent
Cynthia Nina-Soto
Nina-Soto Realty, LLC
Buyer's Agent
Kevin Herrera
Real Broker MA, LLC
List Price
$399,900
Sold Price
$415,000
Premium/Discount to List
$15,100
3.78%
Views
177
Current Estimated Value
$431,296

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,296
Avg. Annual Appreciation
3.93%
Original Mortgage
$352,750
Outstanding Balance
$349,118
Interest Rate
6.46%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$82,178

Purchase Details

Listed on
Jan 31, 2023
Closed on
Mar 22, 2023
Sold by
Banks Steven P and Dallimore Elise J
Bought by
Salem Lucky Units Llc
Seller's Agent
Joseph Gagnon
Aluxety
Buyer's Agent
Joseph Gagnon
Aluxety
Sold Price
$3,100
Views
67

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage
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
Arapi Iftimi $415,000 None Available
Arapi Iftimi $415,000 None Available
Salem Lucky Units Llc $250,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arapi Iftimi $352,750
Closed Arapi Iftimi $352,750
Previous Owner Salem Lucky Units Llc $187,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/04/2024 10/04/24 Sold $415,000 +3.8% $410 / Sq Ft
09/01/2024 09/01/24 Pending -- -- --
08/08/2024 08/08/24 For Sale $399,900 0.0% $395 / Sq Ft
04/27/2023 04/27/23 Rented $3,100 +6.9% --
04/22/2023 04/22/23 Under Contract -- -- --
03/29/2023 03/29/23 Price Changed $2,900 +3.6% $3 / Sq Ft
02/12/2023 02/12/23 Price Changed $2,800 -3.4% $3 / Sq Ft
01/31/2023 01/31/23 For Rent $2,900 -- --
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 $3,730 $328,900 $0 $328,900
2024 $3,641 $313,300 $0 $313,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73275473

MLS Property Information Network (MLS PIN)

APN: SALE M:25 L:0620 S:802