NOT LISTED FOR SALE

Estimated Value: $303,000 - $397,000

2 Beds
1 Bath
652 Sq Ft
1900 Built

Last Sold May 12, 2020

Last sale price $234,000 $359 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $2,107/month

9 Days on Market

About This Home

As of May 2020

Beacon Hill style condo in the heart of Downtown Salem.2 bedroom bright and sunny garden style condo with well designed open concept living space. Custom built bookcases in the living room help keep your space organized and stylish Solid maple hardwood floors throughout, ample closet space plus additional storage space in the basement. Sunny renovated eat in kitchen with gas stove & stainless appliances, just freshly painted for new buyers. Renovated bathroom with full tub and shower, super cool tile floor and cherry vanity. Don't need a second bedroom? It would be the perfect home office with built in custom cabinetry and natural light. Walking distance to historic downtown Salem restaurants and shopping, harbor, commuter rail and ferry to Boston. Private showings only to begin Saturday 3/26. Blocked time between 11-130 on Sat/Sun with confirmed appointment. Call list agent to confirm.Covid 19 guidelines apply, private showings, booties on feet, sanitize prior to entry

Last Agent to Sell the Property

Debra Roberts

Coldwell Banker Realty - Lynnfield Listed on: 03/26/2020

Coldwell Banker Realty - Lynnfield

Last Buyer's Agent

Ed Deren

Coldwell Banker Realty - Marblehead

Coldwell Banker Realty - Marblehead

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,113

Year Built

  • Built in 1900

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Utilities

  • Heating System Uses Gas
  • Natural Gas Water Heater
  • Internet Available
  • Cable TV Available

Additional Features

  • Basement

Community Details

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,113

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Garden
  • Other Agent: 2.00
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 351.23
  • Comp Based On: Net Sale Price
  • Year Built: 1900
  • Lead Paint: Unknown
  • Unit Building: 2
  • Unit Level: 1
  • Unit Placement: Street, Corner, Walkout
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1900

Interior Features

  • Flooring: Tile, Hardwood
  • Interior Amenities: Cable Available, Internet Available - Unknown
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator
  • No Bedrooms: 2
  • Master Bedroom: On Level: First Floor, Dimension: 14X10, Flooring - Hardwood
  • Bedroom 2: On Level: First Floor, Dimension: 11X9, Closet/Cabinets - Custom Built, Flooring - Hardwood
  • Full Bathrooms: 1
  • Bathroom 1: On Level: First Floor, Dimension: 7X6, Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile
  • No Rooms: 4
  • Kitchen: On Level: First Floor, Dimension: 12X12, Remodeled, Stainless Steel Appliances, Gas Stove
  • Laundry: On Level: Basement
  • Living Room: On Level: First Floor, Dimension: 13X11, Closet/Cabinets - Custom Built, Flooring - Hardwood
  • Basement: Y
  • No Living Levels: 1
  • Main Lo: AN4870
  • Main So: NB1087
  • Estimated Sq Ft: 652.00

Exterior Features

  • Beachfront Flag: Yes
  • Beach Miles To: 1/2 to 1 Mile
  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Clapboard

Garage/Parking

  • Parking Feature: On Street Permit

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers
  • Heating: Gas
  • Heat Zones: 1
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range

Condo/Co-op/Association

  • Fee Interval: Monthly
  • Amenities: Public Transportation, Shopping, Park, T-Station, University
  • HOA Fees: 150.00
  • Association Fee Includes: Water, Sewer, Master Insurance, Laundry Facilities, Exterior Maintenance
  • Condo Association: Yes

Association/Amenities

  • Condominium Name: John Fausell House Condominiums

Lot Info

  • Assessments: 188000.00
  • Page: 7
  • Zoning: r

Green Features

  • Energy Features: Insulated Windows

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Taxes: 2716.60
  • Assessor Parcel Number: 2132001

Multi Family

  • No Units: 5
  • No Units Owner Occ: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2020
Closed on
May 11, 2020
Sold by
Duggan Sean P
Bought by
Brooks Nicole
Seller's Agent
Debra Roberts
Coldwell Banker Realty - Lynnfield
Buyer's Agent
Ed Deren
Coldwell Banker Realty - Marblehead
List Price
$229,000
Sold Price
$234,000
Premium/Discount to List
$5,000
2.18%
Current Estimated Value
$352,490

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,490
Avg. Annual Appreciation
7.62%

Purchase Details

Closed on
Oct 31, 2017
Sold by
Duggan Joanen
Bought by
Duggan Sean P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,500
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 17, 2017
Closed on
Aug 30, 2017
Sold by
Martin Jeffery D and Stone Rebecca A
Bought by
Duggan Joanne
Seller's Agent
The Mitchell Team
Keller Williams Realty Evolution
Buyer's Agent
Carpenter and Roberts Hometeam
Berkshire Hathaway HomeServices Commonwealth Real Estate
List Price
$189,900
Sold Price
$190,000
Premium/Discount to List
$100
0.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.75%

Purchase Details

Closed on
Sep 29, 2004
Sold by
Renahan Majorie S
Bought by
Martin Jeffrey D and Stone Rebecca A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,400
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 10, 2003
Sold by
Cwt Rt
Bought by
Renahan Marjorie S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,900
Interest Rate
5.83%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Brooks Nicole $234,000 None Available
Duggan Sean P $190,000 --
Duggan Joanne $190,000 --
Martin Jeffrey D $183,000 --
Renahan Marjorie S $159,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Duggan Sean P $181,500
Previous Owner Renahan Marjorie S $146,400
Previous Owner Renahan Marjorie S $36,600
Previous Owner Renahan Marjorie S $127,900
Previous Owner Renahan Marjorie S $23,985
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/12/2020 05/12/20 Sold $234,000 +2.2% $359 / Sq Ft
04/04/2020 04/04/20 Pending -- -- --
03/26/2020 03/26/20 For Sale $229,000 +20.5% $351 / Sq Ft
08/30/2017 08/30/17 Sold $190,000 +0.1% $291 / Sq Ft View Prior Sale
07/21/2017 07/21/17 Pending -- -- --
07/17/2017 07/17/17 For Sale $189,900 -- $291 / 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 $3,113 $274,500 $0 $274,500
2024 $3,028 $260,600 $0 $260,600
2023 $2,904 $232,100 $0 $232,100
2022 $2,906 $219,300 $0 $219,300
2021 $2,799 $202,800 $0 $202,800
2020 $2,717 $188,000 $0 $188,000
2019 $2,659 $176,100 $0 $176,100
2018 $2,543 $165,700 $0 $165,700
2017 $2,498 $157,500 $0 $157,500
2016 $2,358 $150,500 $0 $150,500
2015 $2,424 $147,700 $0 $147,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72638252

MLS Property Information Network (MLS PIN)

APN: SALE-000025-000000-000585-000802-000802