NOT LISTED FOR SALE

15 Cambridge St Unit 2 Salem, MA 01970

Downtown Salem Neighborhood

Estimated Value: $703,000 - $808,000

3 Beds
2 Baths
1,779 Sq Ft
$426/Sq Ft Est. Value

Last Sold July 31, 2020

Last sale price $561,000 $315 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $4,629/month

10 Days on Market

About This Home

As of July 2020

Finally a home located in the heart of the McIntire District. This updated 3 bedroom, 2 full bath condo has hardwood floors, central air, a gas fireplace, a large bay window overlooking a tree lined street, a beautiful sun filled eat in kitchen with custom cabinets, granite and stainless, in unit laundry, a pantry, extra storage in basement, a deeded parking spot and a common outdoor space. Steps from Chestnut Street and the Historic District’s idealic parks, this condo is also just a quick walk from all of the best restaurants, shops and sights that Salem has to offer. ( virtual tour attached)

Last Agent to Sell the Property

Jennifer Reidy

Seaport Realty Group Listed on: 06/03/2020

Co-Listed By

Susan Kieley

Seaport Realty Group License #455000004

Last Buyer's Agent

Gail Luchini

Keller Williams Realty Evolution

Keller Williams Realty Evolution

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,805

Year Built

  • Built in 1870

Lot Details

  • 1,742

Utilities

  • Forced Air Heating and Cooling System

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:25 L:0567 S:802

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,805

Year Built

Built in 1870

Lot Details

0

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Townhouse
  • Sub-Agency Relationship Offered: Yes
  • Year Built Description: Actual
  • List Price Per Sq Ft: 308.60
  • Comp Based On: Gross/Full Sale Price
  • Year Built: 1870
  • Lead Paint: Unknown
  • Unit Building: 2
  • Unit Level: 2
  • Special Features: None
  • Property Sub Type: Townhouses
  • Year Built: 1870

Interior Features

  • Fireplaces: 1
  • No Bedrooms: 3
  • Full Bathrooms: 2
  • No Rooms: 7
  • Basement: Y
  • No Living Levels: 2
  • Main Lo: BB9614
  • Main So: C95236
  • Estimated Sq Ft: 1779.00

Exterior Features

  • Exterior: Wood

Garage/Parking

  • Parking Feature: Deeded, Paved Driveway
  • Parking Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Cooling: Central Air
  • Heating: Forced Air

Condo/Co-op/Association

  • Fee Interval: Monthly
  • HOA Fees: 194.00
  • Association Fee Includes: Water, Sewer, Master Insurance
  • Condo Association: Yes

Lot Info

  • Assessments: 480500.00
  • Acre: 0.04
  • Lot Size: 1947.00
  • Page: 459
  • Parcel Number: M:25 L:0567 S:802
  • Zoning: R2

Tax Info

  • Taxes: 6943.00
  • Assessor Parcel Number: 4864330

Multi Family

  • No Units: 2
  • No Units Owner Occ: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2020
Closed on
Jul 30, 2020
Sold by
Eidson John T and Eidson Nicole M
Bought by
Collins Jonathan and Lavallee Kristelle
Seller's Agent
Jennifer Reidy
Seaport Realty Group
Buyer's Agent
Gail Luchini
Keller Williams Realty Evolution
List Price
$549,000
Sold Price
$561,000
Premium/Discount to List
$12,000
2.19%
Current Estimated Value
$758,683

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$197,683
Avg. Annual Appreciation
5.79%
Original Mortgage
$448,800
Outstanding Balance
$397,078
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$361,605

Purchase Details

Listed on
May 3, 2018
Closed on
Jul 11, 2018
Sold by
Heinold Mark
Bought by
Eidson John T
Seller's Agent
Mark Wade
Coldwell Banker Realty - Marblehead
Buyer's Agent
Jennifer Reidy
Seaport Realty Group
List Price
$479,000
Sold Price
$492,000
Premium/Discount to List
$13,000
2.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.58%
Original Mortgage
$392,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 10, 2015
Sold by
Parker Jeffrey
Bought by
Heinold Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,250
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 23, 2012
Sold by
Parker Jeffrey and Genetti Caitlin
Bought by
Parker Jeffrey
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Collins Jonathan $561,000 None Available
Eidson John T $492,000 --
Heinold Mark $395,000 --
Parker Jeffrey -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Collins Jonathan $448,800
Previous Owner Eidson John T $392,000
Previous Owner Heinold Mark $375,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/31/2020 07/31/20 Sold $561,000 +2.2% $315 / Sq Ft
06/13/2020 06/13/20 Pending -- -- --
06/03/2020 06/03/20 For Sale $549,000 +11.6% $309 / Sq Ft
07/11/2018 07/11/18 Sold $492,000 +2.7% $277 / Sq Ft View Prior Sale
05/08/2018 05/08/18 Pending -- -- --
05/02/2018 05/02/18 For Sale $479,000 -- $269 / 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 $7,805 $688,300 $0 $688,300
2024 $7,625 $656,200 $0 $656,200
2023 $7,406 $592,000 $0 $592,000
2022 $7,199 $543,300 $0 $543,300
2021 $7,085 $513,400 $0 $513,400
2020 $6,943 $480,500 $0 $480,500
2019 $6,599 $437,000 $0 $437,000
2018 $6,145 $398,800 $0 $398,800
2017 $6,017 $379,400 $0 $379,400
2016 $5,693 $363,300 $0 $363,300
2015 $5,698 $347,200 $0 $347,200
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    Jennifer Reidy

    Seaport Realty Group

    (617) 216-4541

    23 Total Sales

    Jennifer Reidy
    Section Image

  • S

    Seller Co-Listing Agent in 2020

    Susan Kieley

    Seaport Realty Group

    Section Image
  • Gail Luchini

    Buyer's Agent in 2020

    Gail Luchini

    Keller Williams Realty Evolution

    (978) 697-8830

    131 Total Sales

    Gail Luchini
    Section Image

  • M

    Seller's Agent in 2018

    Mark Wade

    Coldwell Banker Realty - Marblehead

    (781) 864-9812

    3 in this area

    26 Total Sales

    Mark Wade
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72666726

MLS Property Information Network (MLS PIN)

APN: SALE-000025-000000-000567-000802-000802

Massachusetts Essex County Salem 01970 Downtown Salem

15 Cambridge St Unit 2, Salem, MA

Not Listed for Sale

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