NOT LISTED FOR SALE

Estimated Value: $471,000 - $615,000

2 Beds
1 Bath
929 Sq Ft
$350/mo HOA Fee

Last Sold February 25, 2022

Last sale price $460,000 $495 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $3,510/month

5 Days on Market

Highlights

  • Marina
  • Custom Closet System
  • Wood Flooring
  • Waterfront
  • Property is near public transit
  • Jogging Path

About This Home

As of February 2022

Wonderful waterfront condo overlooking Salem Harbor. Located on a quiet street close to the vibrant downtown of Salem offering trendy boutiques, chic & fun shops, amazing restaurants, and historic museums! This 2nd-floor unit is turnkey and offers gleaming hardwood floors, a bright white eat-in kitchen, a charming dining room with a built-in china closet, high ceilings, and tons of natural light with a view from every room! Enjoy the ocean air from 2 separate private decks or relax on the beach outside your door. If your water enthusiasts look no further for boating, swimming, paddle boarding, and more! This unit has newly added central air and a sauna in the basement. There is off-street parking for 2 cars, private laundry hookups, and storage in the basement. Great location, close to Salem State University, public transportation, and the train for commuting to Boston. Feel like you are on vacation all year long. MULTIPLE OFFERS... SELLER WILL REVIEW OFFERS TUESDAY AT 12:00.

Last Agent to Sell the Property

Elizabeth Smith

Keller Williams Realty Evolution Listed on: 01/05/2022

Keller Williams Realty Evolution

Last Buyer's Agent

Alissa Christie

RE/MAX Bentley's

RE/MAX Bentley's

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,495

Year Built

  • Built in 1915

Lot Details

  • Waterfront
  • Two or More Common Walls
  • Garden

HOA Fees

  • $350 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 929 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Laundry in Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • Custom Closet System
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Parking Spaces
  • Deeded Parking

Outdoor Features

  • Water Access
  • Balcony

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Salem High School

Utilities

  • Central Air
  • 2 Cooling Zones
  • 1 Heating Zone
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Water Heater

Listing and Financial Details

  • Assessor Parcel Number M:33 L:0556 S:802,4765520

Community Details

Overview

  • Association fees include water, sewer, insurance, maintenance structure
  • 3 Units
  • 16 Glover St Condominium Community

Amenities

  • Shops
  • Laundry Facilities

Recreation

  • Marina
  • Park
  • Jogging Path

Pet Policy

  • Breed Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,495

Year Built

Built in 1915

Lot Details

0

HOA Fees

$350 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: 2/3 Family
  • Year Built: 1915
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Dual Variable: Yes
  • Entry Level: 2
  • Transaction Broker: 1
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Wood, Tile
  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Microwave,Refrigerator,Washer,Dryer,Other, Tank Water Heater, Utility Connections for Electric Range
  • Total Bedrooms: 2
  • Room Bedroom2 Level: Second
  • Room Bedroom2 Features: Ceiling Fan(s), Flooring - Wood
  • Room Bedroom2 Area: 132
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Features: Ceiling Fan(s), Flooring - Wood
  • Room Master Bedroom Level: Second
  • Room Master Bedroom Area: 132
  • Bathroom 1 Area: 63
  • Bathroom 1 Features: Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile
  • Bathroom 1 Level: Second
  • Room Dining Room Features: Closet/Cabinets - Custom Built, Flooring - Wood
  • Room Dining Room Level: Second
  • Room Dining Room Area: 168
  • Room Kitchen Level: Second
  • Room Kitchen Features: Ceiling Fan(s), Flooring - Wood, Stainless Steel Appliances
  • Room Kitchen Area: 156
  • Laundry Features: In Basement, In Building
  • Room Living Room Level: Second
  • Room Living Room Area: 182
  • Room Living Room Features: Ceiling Fan(s), Flooring - Wood
  • Living Area: 929
  • Stories Total: 1
  • MAIN LO: C95098
  • LIST PRICE PER Sq Ft: 457.48
  • PRICE PER Sq Ft: 495.16
  • MAIN SO: AN2888

Exterior Features

  • Exterior Features: Balcony, Garden
  • Common Walls: 2+ Common Walls
  • Construction Materials: Frame
  • Roof: Shingle
  • Waterfront Features: Waterfront, Beach Front, Harbor, Harbor, Direct Access
  • Waterfront YN: Yes

Garage/Parking

  • Garage YN: No
  • Parking Features: Deeded
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range
  • Cooling: Central Air
  • Heating: Baseboard, Natural Gas
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 1
  • COOLING ZONES: 2

Condo/Co-op/Association

  • Association Amenities: Hot Water
  • Association Fee: 350
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Marina, Private School, Public School, T-Station, University
  • UNIT BUILDING: 2
  • MANAGEMENT: Owner Association
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Maintenance Structure

Lot Info

  • Parcel Number: M:33 L:0556 S:802,4765520
  • Zoning: R2
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.13
  • Lot Size Area: 0.13
  • Lot Size Sq Ft: 5662.8
  • Lot Size Units: Acres
  • LOT SIZE: 5802
  • PAGE: 499

Rental Info

  • Pets Allowed: Breed Restrictions

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 4495
  • Tax Book Number: 36369

Multi Family

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

MLS Schools

  • High School: Salem Hs

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2022
Closed on
Feb 25, 2022
Sold by
Calabrese Timothy
Bought by
Hall Geoff and Hall Gerard L
Seller's Agent
Elizabeth Smith
Keller Williams Realty Evolution
Buyer's Agent
Alissa Christie
RE/MAX Bentley's
List Price
$425,000
Sold Price
$460,000
Premium/Discount to List
$35,000
8.24%
Current Estimated Value
$520,452

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,452
Avg. Annual Appreciation
2.56%
Original Mortgage
$437,000
Outstanding Balance
$410,384
Interest Rate
3.55%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$92,983

Purchase Details

Listed on
Sep 6, 2017
Closed on
Nov 30, 2017
Sold by
Branagan Kevin M
Bought by
Calabrese Timothy
Seller's Agent
Brooke deVos
Coldwell Banker Realty - Manchester
Buyer's Agent
Elizabeth Smith
Keller Williams Realty Evolution
List Price
$324,999
Sold Price
$348,000
Premium/Discount to List
$23,001
7.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.80%
Original Mortgage
$304,200
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 7, 2012
Closed on
Mar 22, 2012
Sold by
Ring Anthony R and Ring Katherine M
Bought by
Branagan Kevin M
Seller's Agent
Krista Finigan
Coldwell Banker Realty - Marblehead
Buyer's Agent
Chris Viegaard
Churchill Properties
List Price
$230,000
Sold Price
$230,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.54%
Original Mortgage
$206,641
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 2008
Sold by
Boudreau Jean C and Boudreau Linda J
Bought by
Ring Anthony R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,500
Interest Rate
6.47%
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
Hall Geoff $460,000 None Available
Calabrese Timothy $348,000 --
Branagan Kevin M $230,000 --
Ring Anthony R $230,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hall Geoff $437,000
Previous Owner Calabrese Timothy $304,200
Previous Owner Ring Anthony R $206,641
Previous Owner Ring Anthony R $172,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2022 02/25/22 Sold $460,000 +8.2% $495 / Sq Ft
01/11/2022 01/11/22 Pending -- -- --
01/05/2022 01/05/22 For Sale $425,000 +22.1% $457 / Sq Ft
11/30/2017 11/30/17 Sold $348,000 +7.1% $375 / Sq Ft
09/13/2017 09/13/17 Pending -- -- --
09/05/2017 09/05/17 For Sale $324,999 +41.3% $350 / Sq Ft
03/22/2012 03/22/12 Sold $230,000 0.0% $248 / Sq Ft
02/24/2012 02/24/12 Pending -- -- --
02/07/2012 02/07/12 For Sale $230,000 -- $248 / 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 $4,939 $435,500 $0 $435,500
2024 $4,837 $416,300 $0 $416,300
2023 $4,729 $378,000 $0 $378,000
2022 $4,567 $344,700 $0 $344,700
2021 $4,495 $325,700 $0 $325,700
2020 $4,396 $304,200 $0 $304,200
2019 $4,169 $276,100 $0 $276,100
2018 $3,536 $229,900 $0 $229,900
2017 $3,465 $218,500 $0 $218,500
2016 $3,278 $209,200 $0 $209,200
2015 $3,282 $200,000 $0 $200,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72931472

MLS Property Information Network (MLS PIN)

APN: SALE-000033-000000-000556-000802-000802