16 Forest Ave Unit 3 Salem, MA 01970
South Salem Neighborhood
2
Beds
1
Bath
1,096
Sq Ft
$150/mo
HOA Fee
Highlights
- No Units Above
- Custom Closet System
- Wood Flooring
- Waterfront
- Property is near public transit
- Home Office
About This Home
As of June 2022~Great Value in Salem~ Bright and Sunny, two bedroom condo offering an updated kitchen and bathroom. This spacious and airy top floor condo allows for a flexible floor plan plus a peaceful home office nook opening to your private deck. Boasting tall ceilings, hardwood floors, tons of windows and a built-in china cabinet. Self-managed association, low condo fee and pet friendly ~ Plus laundry and extra storage in full basement. Conveniently located near Downtown Salem, Forest River Park, Historic Salem Harbor, SSU and the commuter rail to Boston. Enjoy local shopping, restaurants, nightlife, and the award-winning PEM. Come home to Salem, voted one of the top ten places to live north of Boston. *** Showings start Saturday May 7th 11:30-1:30 & Sunday May 8th, 11-1 ***
Last Agent to Sell the Property
Coldwell Banker Realty - Beverly Listed on: 05/03/2022
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,596
Year Built
- Built in 1920
Lot Details
- Waterfront
- No Units Above
HOA Fees
- $150 Monthly HOA Fees
Home Design
- Garden Home
- Frame Construction
Interior Spaces
- 1,096 Sq Ft Home
- 3-Story Property
- Insulated Windows
- Home Office
- Wood Flooring
- Laundry in Basement
Kitchen
- Range
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
- Primary bedroom located on third floor
- Custom Closet System
- 1 Full Bathroom
- Bathtub with Shower
Laundry
- Dryer
- Washer
Parking
- 2 Car Parking Spaces
- On-Street Parking
- Open Parking
Location
- Property is near public transit
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Oil
- Oil Water Heater
Listing and Financial Details
- Assessor Parcel Number M:33 L:0020 S:803,2134539
Community Details
Overview
- Association fees include water, sewer, insurance
- 3 Units
Amenities
- Laundry Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 2, 2025
Sold by
Quillen Karen
Bought by
Kq Rental Llc
Total Days on Market
7
Current Estimated Value
Purchase Details
Listed on
May 3, 2022
Closed on
Jun 10, 2022
Sold by
Albeilani Nour
Bought by
Quillen Karen
Seller's Agent
Zoe Karademos
Coldwell Banker Realty - Beverly
Buyer's Agent
Jim Armstrong
Aluxety
List Price
$315,000
Sold Price
$320,000
Premium/Discount to List
$5,000
1.59%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.84%
Purchase Details
Listed on
Sep 30, 2016
Closed on
Dec 2, 2016
Sold by
Hanlon Harold and Hanlon Judith
Bought by
Albeilani Nour
Seller's Agent
Zoe Karademos
Coldwell Banker Realty - Beverly
Buyer's Agent
Zoe Karademos
Coldwell Banker Realty - Beverly
List Price
$199,900
Sold Price
$195,000
Premium/Discount to List
-$4,900
-2.45%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.37%
Original Mortgage
$175,500
Interest Rate
3.52%
Mortgage Type
New Conventional
Purchase Details
Listed on
Aug 12, 2012
Closed on
Dec 28, 2012
Sold by
Day Sushila
Bought by
Hanlon Harold
Seller's Agent
Margaret Cain
D. M. Greene Realty
Buyer's Agent
Kathy Fogg
Coldwell Banker Realty - Waltham
List Price
$164,900
Sold Price
$150,000
Premium/Discount to List
-$14,900
-9.04%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.90%
Purchase Details
Closed on
Oct 21, 1999
Sold by
Forker James B
Bought by
Day Sushila
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,900
Interest Rate
7.83%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 19, 1987
Sold by
Hyland Prop Mgmt Tr
Bought by
Forker James B
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Condominium Deed | -- | None Available | |
| Condominium Deed | -- | None Available | |
| Condominium Deed | $320,000 | None Available | |
| Condominium Deed | $320,000 | None Available | |
| Not Resolvable | $195,000 | -- | |
| Not Resolvable | $150,000 | -- | |
| Deed | $114,900 | -- | |
| Deed | $114,900 | -- | |
| Deed | $115,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $175,000 | Credit Line Revolving | |
| Previous Owner | $175,500 | New Conventional | |
| Previous Owner | $90,300 | No Value Available | |
| Previous Owner | $91,900 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/13/2022 06/13/22 | Sold | $320,000 | +1.6% | $292 / Sq Ft |
| 05/11/2022 05/11/22 | Pending | -- | -- | -- |
| 05/03/2022 05/03/22 | For Sale | $315,000 | +61.5% | $287 / Sq Ft |
| 12/02/2016 12/02/16 | Sold | $195,000 | -2.5% | $178 / Sq Ft |
| 10/21/2016 10/21/16 | Pending | -- | -- | -- |
| 09/30/2016 09/30/16 | For Sale | $199,900 | +33.3% | $182 / Sq Ft |
| 12/28/2012 12/28/12 | Sold | $150,000 | -6.2% | $137 / Sq Ft |
| 12/05/2012 12/05/12 | Pending | -- | -- | -- |
| 10/04/2012 10/04/12 | Price Changed | $159,900 | -3.0% | $146 / Sq Ft |
| 08/12/2012 08/12/12 | For Sale | $164,900 | -- | $150 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $3,784 | $333,700 | $0 | $333,700 |
| 2024 | $3,695 | $318,000 | $0 | $318,000 |
| 2023 | $3,707 | $296,300 | $0 | $296,300 |
| 2022 | $3,596 | $271,400 | $0 | $271,400 |
| 2021 | $3,538 | $256,400 | $0 | $256,400 |
| 2020 | $3,430 | $237,400 | $0 | $237,400 |
| 2019 | $3,254 | $215,500 | $0 | $215,500 |
| 2018 | $3,019 | $196,300 | $0 | $196,300 |
| 2017 | $2,958 | $186,500 | $0 | $186,500 |
| 2016 | $2,799 | $178,600 | $0 | $178,600 |
| 2015 | $2,801 | $170,700 | $0 | $170,700 |
Source: Public Records
Agents Affiliated with this Home
-
Zoe Karademos
Seller's Agent in 2022
Zoe Karademos
Coldwell Banker Realty - Beverly
(781) 405-7122
10 in this area
73 Total Sales
-
Jim Armstrong
Buyer's Agent in 2022
Jim Armstrong
Aluxety
(978) 394-6736
5 in this area
64 Total Sales
-
Margaret Cain
M
Seller's Agent in 2012
Margaret Cain
D. M. Greene Realty
(781) 439-7912
7 Total Sales
-
K
Buyer's Agent in 2012
Kathy Fogg
Coldwell Banker Realty - Waltham
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72975486
APN: SALE-000033-000000-000020-000803-000803
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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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