16 Summer St Unit 1 Salem, MA 01970
Chestnut Street NeighborhoodEstimated Value: $500,000 - $592,377
2
Beds
2
Baths
1,030
Sq Ft
7,536
Sq Ft Lot
About This Home
As of May 2015Great care has been spent on the development of this special condominium home featuring 2 BRs, 2 full baths including one in the wonderful master suite. The brand new kitchen has granite and stainless with plenty of cabinets and counter space and opens to eating/entertaining spaces. Additionally,this home features wood flooring, great period details, attractive lighting packages and in-unit laundry hookups. The infrastructure of the building has been updated to ensure low maintenance and operating costs - new plumbing, electric, heating, air-conditioning, insulation and more. Just 1 of 4 new units in The Harrison Flint House which sits in the middle of historic downtown Salem - a short walk to the wonderful restaurants, pubs, shops, harborfront, Peabody Essex Museum and so much more. And, just a few minute walk to the train. Created/renovated for the buyer who wants to enjoy a carefree luxury lifestyle and in-town living. See also 71795949,71795950,717949953
Last Agent to Sell the Property
Sagan Harborside Sotheby's International Realty Listed on: 02/27/2015
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 27, 2015
Closed on
May 12, 2015
Sold by
Renewal Ventures Llc
Bought by
Kamerkar Abhijit V and Zummo Halley
Seller's Agent
Team Harborside
Sagan Harborside Sotheby's International Realty
Buyer's Agent
Richard Rosa
Buyers Brokers Only, LLC
List Price
$324,900
Sold Price
$325,000
Premium/Discount to List
$100
0.03%
Total Days on Market
61
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$235,844
Avg. Annual Appreciation
6.01%
Original Mortgage
$260,000
Outstanding Balance
$205,500
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$379,298
Similar Homes in the area
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Kamerkar Abhijit V | $325,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Kamerkar Abhijit V | $260,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/12/2015 05/12/15 | Sold | $325,000 | 0.0% | $316 / Sq Ft |
| 04/29/2015 04/29/15 | Pending | -- | -- | -- |
| 03/22/2015 03/22/15 | Off Market | $325,000 | -- | -- |
| 02/27/2015 02/27/15 | For Sale | $324,900 | -- | $315 / 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 | $5,828 | $513,900 | $0 | $513,900 |
| 2024 | $5,776 | $497,100 | $0 | $497,100 |
| 2023 | $5,775 | $461,600 | $0 | $461,600 |
| 2022 | $5,671 | $428,000 | $0 | $428,000 |
| 2021 | $5,353 | $387,900 | $0 | $387,900 |
| 2020 | $5,482 | $379,400 | $0 | $379,400 |
| 2019 | $5,170 | $342,400 | $0 | $342,400 |
| 2018 | $5,051 | $328,400 | $0 | $328,400 |
| 2017 | $4,939 | $311,400 | $0 | $311,400 |
| 2016 | $4,643 | $296,300 | $0 | $296,300 |
Source: Public Records
Agents Affiliated with this Home
-
Team Harborside
T
Seller's Agent in 2015
Team Harborside
Sagan Harborside Sotheby's International Realty
(617) 816-1909
3 in this area
146 Total Sales
-
Richard Rosa
Buyer's Agent in 2015
Richard Rosa
Buyers Brokers Only, LLC
(978) 835-5906
1 in this area
73 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 71795947
APN: SALE-000026-000000-000467-000801-000801
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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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