NOT LISTED FOR SALE

Estimated Value: $265,000 - $360,000

1 Bed
1 Bath
538 Sq Ft
1900 Built

Last Sold June 12, 2017

Last sale price $161,000 $299 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $1,883/month

21 Days on Market

About This Home

As of June 2017

Charming one bedroom condominium in the heart of downtown Salem. Open concept living room-kitchen with a brick fireplace, exposed beams and freshly painted. Once you walk out the door you are caught up in the exciting downtown historic Salem. Walk to the commuter rail (25 minutes to North Station), Peabody Essex Museum, chic boutiques and great restaurants. Enjoy this care-free lifestyle.

Last Agent to Sell the Property

Colleen Nobles

Armstrong Field Real Estate License #454007432 Listed on: 03/24/2017

Last Buyer's Agent

Colleen Nobles

Armstrong Field Real Estate License #454007432 Listed on: 03/24/2017

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,775

Year Built

1900

Lot Details

0

Listing Details

  • Unit Level: 1
  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Garden
  • Other Agent: 1.00
  • Lead Paint: Unknown
  • Year Built Description: Actual
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1900

Interior Features

  • Has Basement: Yes
  • Fireplaces: 1
  • Number of Rooms: 3
  • Electric: Circuit Breakers
  • Energy: Insulated Windows
  • Flooring: Wood, Tile
  • Interior Amenities: Cable Available
  • Kitchen: First Floor
  • Laundry Room: Basement
  • Living Room: First Floor
  • Master Bedroom: First Floor
  • Master Bedroom Description: Closet, Flooring - Wood
  • No Bedrooms: 1
  • Full Bathrooms: 1
  • No Living Levels: 1
  • Main Lo: C95180
  • Main So: C95180

Exterior Features

  • Exterior: Clapboard
  • Beach Ownership: Public

Garage/Parking

  • Parking: On Street Permit
  • Parking Spaces: 0

Utilities

  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range, for Gas Oven
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Condominium Name: John Fausell House Condominium
  • Association Fee Includes: Water, Sewer, Master Insurance, Laundry Facilities, Exterior Maintenance
  • Pets Allowed: Yes w/ Restrictions
  • No Units: 5
  • Unit Building: 1

Fee Information

  • Fee Interval: Monthly

Lot Info

  • Zoning: res

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2017
Closed on
Jun 12, 2017
Sold by
Sheridan Michael D
Bought by
Zamansky Andrew
Seller's Agent
Colleen Nobles
Armstrong Field Real Estate
Buyer's Agent
Colleen Nobles
Armstrong Field Real Estate
List Price
$179,900
Sold Price
$161,000
Premium/Discount to List
-$18,900
-10.51%
Current Estimated Value
$311,577

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,577
Avg. Annual Appreciation
8.23%
Original Mortgage
$156,170
Outstanding Balance
$129,936
Interest Rate
4.03%
Mortgage Type
New Conventional
Estimated Equity
$181,641

Purchase Details

Listed on
Apr 2, 2012
Closed on
May 31, 2012
Sold by
White Jennifer D
Bought by
Sheridan Michael
Seller's Agent
Ted Richard
J. Barrett & Company
Buyer's Agent
Maggie Gibson
MerryFox Realty
List Price
$107,500
Sold Price
$103,000
Premium/Discount to List
-$4,500
-4.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.27%
Original Mortgage
$77,250
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 3, 2003
Sold by
Cwt Rt and Cruger Christopher W
Bought by
Osgood Jennifer D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,500
Interest Rate
5.86%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Zamansky Andrew $161,000 --
Sheridan Michael $103,000 --
Osgood Jennifer D $133,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zamansky Andrew $156,170
Previous Owner Osgood Jennifer D $77,250
Previous Owner Osgood Jennifer D $117,500
Previous Owner Osgood Jennifer D $6,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/12/2017 06/12/17 Sold $161,000 -10.5% $299 / Sq Ft
04/14/2017 04/14/17 Pending -- -- --
04/03/2017 04/03/17 For Sale $179,900 0.0% $334 / Sq Ft
03/28/2017 03/28/17 Pending -- -- --
03/24/2017 03/24/17 For Sale $179,900 +74.7% $334 / Sq Ft
05/31/2012 05/31/12 Sold $103,000 -4.2% $191 / Sq Ft View Prior Sale
05/10/2012 05/10/12 Pending -- -- --
04/02/2012 04/02/12 For Sale $107,500 -- $200 / 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 $2,775 $244,700 $0 $244,700
2024 $2,683 $230,900 $0 $230,900
2023 $2,532 $202,400 $0 $202,400
2022 $2,539 $191,600 $0 $191,600
2021 $2,445 $177,200 $0 $177,200
2020 $2,377 $164,500 $0 $164,500
2019 $2,330 $154,300 $0 $154,300
2018 $2,146 $139,500 $0 $139,500
2017 $2,021 $127,400 $0 $127,400
2016 $1,907 $121,700 $0 $121,700
2015 $1,961 $119,500 $0 $119,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72135535

MLS Property Information Network (MLS PIN)

APN: SALE-000025-000000-000585-000801-000801