NOT LISTED FOR SALE

16 Ocean Ave Salem, MA 01970

South Salem Neighborhood

Estimated Value: $764,000 - $1,064,434

4 Beds
2 Baths
2,514 Sq Ft
$375/Sq Ft Est. Value

Last Sold May 23, 2013

Last sale price $480,000 $191 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $6,014/month

133 Days on Market

About This Home

As of May 2013

All the charm and elegance of a bygone era seamlessly combined with modern convenience. Majestic Queen Anne Victorian, recipient of the prestigious Historic Salem Award. All period details intact-butlers pantry, built-ins, pocket doors, and stained glass! Original wavy glass windows restored featuring e/e storms. Custom paint and gleaming wood floors. Spacious walk-up attic with expansion potential. Cavernous basement with 10' ceilings. Water views, walk to beach. Make this gracious home yours!

Last Agent to Sell the Property

Tara McNamara

Keller Williams Realty Evolution License #454006237 Listed on: 11/23/2012

Last Buyer's Agent

Kate Fabrizio

J. Barrett & Company

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,528

Year Built

1890

Lot Details

0

Listing Details

  • Lot Description: Gentle Slope, Scenic View(s)
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1890

Interior Features

  • Has Basement: Yes
  • Fireplaces: 1
  • Number of Rooms: 8
  • Amenities: Public Transportation, Shopping, Swimming Pool, Tennis Court, Park, Walk/Jog Trails, Golf Course, Medical Facility, Bike Path, Conservation Area, House of Worship, Marina, Private School, Public School, T-Station, University
  • Electric: 200 Amps
  • Energy: Storm Windows
  • Flooring: Wood
  • Insulation: Partial, Fiberglass
  • Interior Amenities: Walk-up Attic
  • Basement: Full, Walk Out, Interior Access, Concrete Floor
  • Bedroom 2: Second Floor
  • Bedroom 3: Second Floor
  • Bedroom 4: Second Floor
  • Bathroom #1: First Floor
  • Bathroom #2: Second Floor
  • Kitchen: First Floor
  • Laundry Room: Basement
  • Living Room: First Floor
  • Master Bedroom: Second Floor
  • Master Bedroom Description: Flooring - Hardwood
  • Dining Room: First Floor
  • Family Room: First Floor

Exterior Features

  • Construction: Frame
  • Exterior: Wood
  • Exterior Features: Porch
  • Foundation: Brick, Granite

Garage/Parking

  • Parking: Off-Street
  • Parking Spaces: 1

Utilities

  • Hot Water: Oil
  • Utility Connections: for Electric Range, for Electric Dryer, Washer Hookup

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 30, 2003
Sold by
Mueller Cheryl A and Currie Craig P
Bought by
Lima David and Oldham Colleen D
Current Estimated Value
$942,859
Source: Public Records

Range of Values:

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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
Lima David $385,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heath Kerry N $48,000
Open Heath Tyler J $384,000
Closed Lima David $376,000
Closed Lima David $46,500
Closed Lima David $306,146
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2013 05/23/13 Sold $480,000 -9.3% $191 / Sq Ft
04/05/2013 04/05/13 Pending -- -- --
01/01/2013 01/01/13 Price Changed $529,000 -3.6% $210 / Sq Ft
11/23/2012 11/23/12 For Sale $549,000 -- $218 / 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 $10,528 $928,400 $201,800 $726,600
2024 $9,247 $795,800 $191,700 $604,100
2023 $8,696 $695,100 $177,000 $518,100
2022 $8,259 $623,300 $171,100 $452,200
2021 $8,073 $585,000 $159,300 $425,700
2020 $7,582 $524,700 $150,400 $374,300
2019 $7,544 $499,600 $142,800 $356,800
2018 $7,281 $473,400 $135,700 $337,700
2017 $6,855 $432,200 $114,500 $317,700
2016 $6,688 $426,800 $109,100 $317,700
2015 $6,357 $387,400 $100,300 $287,100
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2013

    Tara McNamara

    Keller Williams Realty Evolution

  • Kate Fabrizio

    Buyer's Agent in 2013

    Kate Fabrizio

    J. Barrett & Company

    (978) 314-0196

    28 Total Sales

    Kate Fabrizio
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71459394

MLS Property Information Network (MLS PIN)

APN: SALE-000033-000000-000659

Massachusetts Essex County Salem 01970 South Salem

16 Ocean Ave, Salem, MA

This home is located at 16 Ocean Ave, Salem, MA 01970 since 23 November 2012 and is currently estimated at $942,859, approximately $375 per square foot. This property was built in 1890. 16 Ocean Ave is a home located in Essex County with nearby schools including Saltonstall School, Carlton Elementary School, and Horace Mann Laboratory.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Property Information Network (MLS PIN) 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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