NOT LISTED FOR SALE

15 Lynde St Unit 25 Salem, MA 01970

Downtown Salem Neighborhood

Estimated Value: $349,000 - $435,000

2 Beds
1 Bath
894 Sq Ft
1900 Built

Last Sold November 15, 2021

Last sale price $305,000 $341 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $2,364/month

43 Days on Market

About This Home

As of November 2021

Gaze out your many large windows at historic downtown Salem! Walk around the corner to the train, shops, museums, and your favorite restaurants! Enjoy everything a thriving city like Salem has to offer within 1-3 blocks away from your front door! This oh-so-charming unit with wood floors and exposed brick walls is filled with light, high ceilings, & spacious rooms. With a flexible layout, in-unit combo washer/dryer, lots of original detail (think clawfoot tub in bathroom, tall kitchen cabinets, and crown moldings) and a professionally managed building this unit is very special! Add a master bedroom with large walk-in closet, shared covered porch, and lots of storage in the unit with additional space in the basement to the list of desirable features. An amazing investment opportunity (rents very quickly!) and chance to own in a building where units rarely come up for sale!

Last Agent to Sell the Property

Jack Brown

RE/MAX Beacon Listed on: 08/11/2021

RE/MAX Beacon

Last Buyer's Agent

Jack Brown

RE/MAX Beacon Listed on: 08/11/2021

RE/MAX Beacon

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,654

Year Built

  • 1900

Community Details

Amenities

  • Common Area

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,654

Year Built

1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • Directions: Washington St. to Lynde.
  • Garage Yn: No
  • Property Attached Yn: Yes
  • Structure Type: High-Rise
  • Year Built Details: Actual
  • Special Features: None
  • Year Built: 1900

Interior Features

  • Appliances: Range,Disposal,Refrigerator,Washer/Dryer, Utility Connections for Gas Range
  • MAIN LO: AN4471
  • MAIN SO: AN4471
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Hardwood
  • Stories: 1

Exterior Features

  • Common Walls: No One Above
  • Construction Type: Brick
  • Disclosures: Parking: 7 Spaces Next To Building Are Available On A 1st Come 1st Served Basis. Resident Permit Parking On The Street. Also, Very Close To Garages Where Spots Are Available For Rent. Lender May Require 20% Down Due To Low Owner Occupancy.
  • Patio And Porch Features: Porch
  • Waterfront Features: Beach Front, Harbor, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
  • Waterfront: Yes

Garage/Parking

  • Parking Features: On Street, Common
  • Open Parking: Yes

Utilities

  • Cooling: Window Unit(s)
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Laundry Features: In Unit
  • Security: Intercom
  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Water Source: Public

Condo/Co-op/Association

  • MANAGEMENT: Professional - Off Site
  • Amenities: Hot Water, Laundry
  • Association Fee: 494.38
  • Association: Yes
  • 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
  • Pets Allowed: No

Fee Information

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

Lot Info

  • OUTDOOR SPACE AVAILABLE: Yes - Common
  • Farm Land Area Units: Square Feet
  • Zoning: B5

Multi Family

  • Number Of Units Total: 36

Tax Info

  • Tax Annual Amount: 2771
  • Tax Book Number: 34306
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2021
Closed on
Nov 15, 2021
Sold by
Kociaj Andi
Bought by
Santoro Drew
Seller's Agent
Jack Brown
RE/MAX Beacon
Buyer's Agent
Jack Brown
RE/MAX Beacon
Sold Price
$305,000
Current Estimated Value
$391,005

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,005
Avg. Annual Appreciation
6.33%
Original Mortgage
$255,000
Outstanding Balance
$233,728
Interest Rate
3.01%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$157,277

Purchase Details

Listed on
Jun 15, 2015
Closed on
Aug 18, 2015
Sold by
Clarke John E and Sullivan Maura A
Bought by
Kociaj Andi
Seller's Agent
Jim Armstrong
Aluxety
Buyer's Agent
Daphne Corder
Conway - Swampscott
List Price
$149,900
Sold Price
$150,900
Premium/Discount to List
$1,000
0.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.92%
Original Mortgage
$113,175
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 2, 2013
Closed on
Aug 15, 2013
Sold by
Shaw John G
Bought by
Clarke John E and Sullivan Maura A
Seller's Agent
Kristin Bouchard
Churchill Properties
Buyer's Agent
Chad Christensen
Armstrong Field Real Estate - Beverly
List Price
$139,999
Sold Price
$135,000
Premium/Discount to List
-$4,999
-3.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.70%

Purchase Details

Closed on
Jul 29, 2005
Sold by
Rivard James A and Rivard Kerry A
Bought by
Shaw John G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,200
Interest Rate
5.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 7, 2000
Sold by
Olsen Richard R
Bought by
Rivard James A and Fritz Kerry A

Purchase Details

Closed on
Sep 1, 1998
Sold by
Donlon John A
Bought by
Olson Richard R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,000
Interest Rate
6.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 11, 1996
Sold by
Ficrest Retirement Nt and Feige Roebrt F
Bought by
Donlon John A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,650
Interest Rate
7.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 2, 1987
Sold by
Salem End Trust
Bought by
Moradi Daryush
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
Santoro Drew $305,000 None Available
Kociaj Andi $150,900 --
Clarke John E $135,000 --
Shaw John G $219,000 --
Rivard James A $112,500 --
Olson Richard R $79,000 --
Donlon John A $29,500 --
Moradi Daryush $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Santoro Drew $255,000
Previous Owner Kociaj Andi $113,175
Previous Owner Moradi Daryush $175,200
Previous Owner Moradi Daryush $59,000
Previous Owner Moradi Daryush $20,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/15/2021 11/15/21 Sold $305,000 -10.3% $341 / Sq Ft
09/24/2021 09/24/21 Pending -- -- --
08/26/2021 08/26/21 For Sale -- -- --
08/17/2021 08/17/21 Pending -- -- --
08/11/2021 08/11/21 For Sale $339,900 +125.2% $380 / Sq Ft
08/18/2015 08/18/15 Sold $150,900 0.0% $169 / Sq Ft View Prior Sale
07/22/2015 07/22/15 Pending -- -- --
06/24/2015 06/24/15 Off Market $150,900 -- --
06/15/2015 06/15/15 For Sale $149,900 +11.0% $168 / Sq Ft
08/15/2013 08/15/13 Sold $135,000 0.0% $151 / Sq Ft View Prior Sale
07/27/2013 07/27/13 Pending -- -- --
07/20/2013 07/20/13 Off Market $135,000 -- --
07/18/2013 07/18/13 For Sale $139,999 +3.7% $157 / Sq Ft
07/17/2013 07/17/13 Off Market $135,000 -- --
06/26/2013 06/26/13 Price Changed $139,999 -9.6% $157 / Sq Ft
06/02/2013 06/02/13 For Sale $154,900 -- $173 / 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 $3,654 $322,200 $0 $322,200
2024 $3,487 $300,100 $0 $300,100
2023 $3,614 $288,900 $0 $288,900
2022 $2,851 $215,200 $0 $215,200
2021 $2,771 $200,800 $0 $200,800
2020 $2,845 $196,900 $0 $196,900
2019 $2,721 $180,200 $0 $180,200
2018 $2,484 $161,500 $0 $161,500
2017 $2,420 $152,600 $0 $152,600
2016 $2,325 $148,400 $0 $148,400
2015 $2,320 $141,400 $0 $141,400
Source: Public Records

Agents Affiliated with this Home

  • Jack Brown

    Seller's Agent in 2021

    Jack Brown

    RE/MAX

    (508) 284-5098

    6 in this area

    158 Total Sales

    Jack Brown
    Section Image
  • Jim Armstrong

    Seller's Agent in 2015

    Jim Armstrong

    Aluxety

    (978) 394-6736

    7 in this area

    68 Total Sales

    Jim Armstrong
    Section Image
  • Daphne Corder

    Buyer's Agent in 2015

    Daphne Corder

    Conway - Swampscott

    (781) 816-3699

    2 in this area

    27 Total Sales

    Daphne Corder
    Section Image
  • Kristin Bouchard

    Seller's Agent in 2013

    Kristin Bouchard

    Churchill Properties

    (617) 571-8823

    28 Total Sales

    Kristin Bouchard
    Section Image

  • C

    Buyer's Agent in 2013

    Chad Christensen

    Armstrong Field Real Estate - Beverly

    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72879542

MLS Property Information Network (MLS PIN)

APN: SALE-000026-000000-000434-000825-000825

Massachusetts Essex County Salem 01970 Downtown Salem

15 Lynde St Unit 25, Salem, MA

Not Listed for Sale

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