NOT LISTED FOR SALE

16 Summer St Unit 2 Salem, MA 01970

Downtown Salem Neighborhood

Estimated Value: $545,000 - $660,000

2 Beds
2 Baths
1,102 Sq Ft
$544/Sq Ft Est. Value

Sale Details

Date Sold: May 7, 2015

Last sale price $319,900 $290 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $3,719 / mo

About This Home

Great care has been spent on the development of this special condominium home featuring 2 BRs, 1.5 baths. 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 MLS 717949947,717949950,717949953

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2015
Closed on
May 7, 2015
Sold by
Bought by
Seller's Agent
Team Harborside
Sagan Harborside Sotheby's International Realty
Buyer's Agent
Karin Turner
Realty One Group Nest
List Price
$319,900
Sold Price
$319,900
Current Estimated Value
$599,393

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$279,493
Avg. Annual Appreciation
5.79%
Original Mortgage
$303,905
Outstanding Balance
$229,420
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$369,973

Purchase Details

Closed on
Dec 31, 2013
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$719,000
Interest Rate
4.35%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$319,900 --
$425,000 --
$425,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $303,905
Previous Owner $719,000
Previous Owner $25,000
Previous Owner $80,000
Previous Owner $16,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/07/2015 05/07/15 Sold $319,900 0.0% $290 / Sq Ft View Prior Sale
04/29/2015 04/29/15 Pending -- -- --
03/22/2015 03/22/15 Off Market $319,900 -- --
02/27/2015 02/27/15 For Sale $319,900 -- $290 / Sq Ft

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $5,766 $508,500 $0 $508,500
2024 $5,758 $495,500 $0 $495,500
2023 $5,750 $459,600 $0 $459,600
2022 $5,641 $425,700 $0 $425,700
2021 $5,324 $385,800 $0 $385,800
2020 $5,448 $377,000 $0 $377,000
2019 $5,132 $339,900 $0 $339,900
2018 $5,009 $325,700 $0 $325,700
2017 $4,894 $308,600 $0 $308,600
2016 $4,641 $296,200 $0 $296,200
2015 $8,633 $526,100 $90,600 $435,500
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2015

    Team Harborside

    Sagan Harborside Sotheby's International Realty

    (617) 816-1909

    3 in this area

    125 Total Sales

    Team Harborside
    Section Image
  • Karin Turner

    Buyer's Agent in 2015

    Karin Turner

    Realty One Group Nest

    (978) 766-2446

    15 Total Sales

    Karin Turner
    Section Image
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Map

Massachusetts Essex County Salem 01970 Downtown Salem

16 Summer St Unit 2, Salem, MA

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.

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