NOT LISTED FOR SALE

16 Willow Ave Unit 3 Salem, MA 01970

South Salem Neighborhood

Estimated Value: $343,000 - $431,000

1 Bed
1 Bath
772 Sq Ft
$284/mo HOA Fee

Last Sold January 07, 2022

Last sale price $315,000 $408 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $2,634/month

3 Days on Market

About This Home

As of January 2022

Don't miss this beautifully designed one bedroom third floor condo with views of the harbor from both the living room skylight and your own private back deck. This unit offers 1 bedroom and 1 full bath along with a spacious living room and eat-in kitchen. Enjoy your balcony any time day or night. One car garage space and one tandem parking spot comes with this unit. Small beach area is just at the end of the street, short distance to Forest River Park, Salem State University and all that historic downtown Salem has to offer! All showings will be private scheduled by appointment only with the listing agent. Friday 11/5 from 4-6 and Saturday 11/7 from 11-1. DO NOT WALK THE PROPERTY GROUNDS UNLESS ACCOMPANIED BY THE LA.

Last Agent to Sell the Property

Joyce Sullivan

Keller Williams Realty Evolution Listed on: 11/03/2021

Keller Williams Realty Evolution

Last Buyer's Agent

Kristy Schiavo

Lamacchia Realty, Inc.

Lamacchia Realty, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,478

Year Built

  • 1885

Lot Details

  • 6,534

HOA Fees

  • $284 per month

Parking

  • 1

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • Primary bedroom located on third floor

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,478

Year Built

1885

Lot Details

0

HOA Fees

$284 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • Carport Y N: No
  • Directions: Lafayette to Willow
  • Garage Yn: Yes
  • Structure Type: 2/3 Family
  • Year Built Details: Approximate
  • Special Features: None
  • Year Built: 1885

Interior Features

  • Total Bathrooms: 1
  • Room Master Bedroom Features: Closet, Flooring - Wall to Wall Carpet
  • Room Master Bedroom Level: Third
  • Room Master Bedroom Area: 108
  • Bathroom 1 Area: 45
  • Bathroom 1 Features: Bathroom - Full, Flooring - Stone/Ceramic Tile
  • Bathroom 1 Level: Third
  • Room Kitchen Level: Third
  • Room Kitchen Features: Flooring - Laminate
  • Room Kitchen Area: 240
  • Room Living Room Level: Third
  • Room Living Room Area: 322
  • MAIN LO: C95098
  • LIST PRICE PER Sq Ft: 335.49
  • PRICE PER Sq Ft: 408.03
  • MAIN SO: AN5454
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace: No
  • Stories: 3

Exterior Features

  • Roof: Shingle
  • Exterior Features: Rain Gutters
  • Common Walls: No One Above
  • Construction Type: Frame
  • Disclosures: Flood Insurance. Subject To The Seller Finding Suitable Housing.
  • Exclusions: Personal Property.
  • Patio And Porch Features: Deck
  • Waterfront Features: Beach Front, Direct Access, Beach Ownership(Public)
  • Waterfront: Yes

Garage/Parking

  • Parking Features: Detached, Off Street
  • Attached Garage: No
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Total Parking Spaces: 1

Utilities

  • Cooling: None
  • Heating: Baseboard, Natural Gas
  • Cooling Y N: No
  • Heating Yn: Yes
  • Laundry Features: In Basement
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • UNIT BUILDING: 3
  • Association Fee: 284
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Reserve Funds

Lot Info

  • LOT SIZE: 6599
  • PAGE: 205
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 6534
  • Zoning: R1

Multi Family

  • NO UNITS OWNER OCC: 3
  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 3026
  • Tax Book Number: 35312
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2021
Closed on
Jan 14, 2022
Sold by
Marangoudakis Spiro A
Bought by
Master Llc
Seller's Agent
Joyce Sullivan
Keller Williams Realty Evolution
Buyer's Agent
Kristy Schiavo
Lamacchia Realty, Inc.
List Price
$249,000
Sold Price
$315,000
Premium/Discount to List
$66,000
26.51%
Current Estimated Value
$386,784

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,784
Avg. Annual Appreciation
4.61%
Original Mortgage
$252,000
Outstanding Balance
$234,636
Interest Rate
3.12%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$137,365

Purchase Details

Listed on
Nov 3, 2021
Closed on
Jan 6, 2022
Sold by
Bozek Jane A
Bought by
Marangoudakis Spiro A
Seller's Agent
Joyce Sullivan
Keller Williams Realty Evolution
Buyer's Agent
Kristy Schiavo
Lamacchia Realty, Inc.
List Price
$249,000
Sold Price
$315,000
Premium/Discount to List
$66,000
26.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Outstanding Balance
$234,636
Interest Rate
3.12%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$137,365

Purchase Details

Listed on
Aug 23, 2016
Closed on
Sep 30, 2016
Sold by
Chen Yifon
Bought by
Bozek Jane A
Seller's Agent
Susan Sinrich
Conway - Swampscott
Buyer's Agent
Joyce Sullivan
Keller Williams Realty Evolution
List Price
$179,900
Sold Price
$183,000
Premium/Discount to List
$3,100
1.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.85%

Purchase Details

Listed on
Oct 23, 2013
Closed on
Dec 27, 2013
Sold by
Baldiga Jonathan
Bought by
Chen Yifon
Seller's Agent
Gail Tyrrell
Churchill Properties
Buyer's Agent
Susan Sinrich
Conway - Swampscott
List Price
$159,900
Sold Price
$147,500
Premium/Discount to List
-$12,400
-7.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.13%
Original Mortgage
$143,075
Interest Rate
4.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 21, 2010
Sold by
Drinkwater Julia C
Bought by
Baldiga Jonathan D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,100
Interest Rate
5.03%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 31, 2005
Sold by
Clark Sally F and Clark William Gordon
Bought by
Drinkwater Julia C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,200
Interest Rate
5.79%
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
Master Llc -- None Available
Marangoudakis Spiro A $315,000 None Available
Bozek Jane A $183,000 --
Chen Yifon $147,500 --
Baldiga Jonathan D $130,000 --
Drinkwater Julia C $209,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marangoudakis Spiro A $252,000
Previous Owner Chen Yifon $140,000
Previous Owner Chen Yifon $143,075
Previous Owner Drinkwater Julia C $100,100
Previous Owner Drinkwater Julia C $26,000
Previous Owner Drinkwater Julia C $167,200
Previous Owner Drinkwater Julia C $41,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/07/2022 01/07/22 Sold $315,000 +26.5% $408 / Sq Ft
11/07/2021 11/07/21 Pending -- -- --
11/03/2021 11/03/21 For Sale $249,000 +36.1% $323 / Sq Ft
09/30/2016 09/30/16 Sold $183,000 +1.7% $237 / Sq Ft
08/31/2016 08/31/16 Pending -- -- --
08/23/2016 08/23/16 For Sale $179,900 +22.0% $233 / Sq Ft
12/27/2013 12/27/13 Sold $147,500 0.0% $191 / Sq Ft
12/27/2013 12/27/13 Pending -- -- --
11/19/2013 11/19/13 Off Market $147,500 -- --
11/07/2013 11/07/13 Price Changed $149,900 -6.3% $194 / Sq Ft
10/23/2013 10/23/13 For Sale $159,900 -- $207 / 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 $3,478 $306,700 $0 $306,700
2024 $3,391 $291,800 $0 $291,800
2023 $3,188 $254,800 $0 $254,800
2022 $3,071 $231,800 $0 $231,800
2021 $3,026 $219,300 $0 $219,300
2020 $2,971 $205,600 $0 $205,600
2019 $2,830 $187,400 $0 $187,400
2018 $2,636 $171,400 $0 $171,400
2017 $2,590 $163,300 $0 $163,300
2016 $2,454 $156,600 $0 $156,600
2015 $2,458 $149,800 $0 $149,800
Source: Public Records

Agents Affiliated with this Home

  • Joyce Sullivan

    Seller's Agent in 2022

    Joyce Sullivan

    Keller Williams Realty Evolution

    (978) 852-5388

    4 in this area

    97 Total Sales

    Joyce Sullivan
    Section Image

  • K

    Buyer's Agent in 2022

    Kristy Schiavo

    Lamacchia Realty, Inc.

    (617) 202-8202

    1 in this area

    29 Total Sales

    Kristy Schiavo
    Section Image
  • Susan Sinrich

    Seller's Agent in 2016

    Susan Sinrich

    Conway - Swampscott

    (978) 265-3744

    2 in this area

    75 Total Sales

    Susan Sinrich
    Section Image
  • Gail Tyrrell

    Seller's Agent in 2013

    Gail Tyrrell

    Churchill Properties

    (781) 760-0670

    2 in this area

    22 Total Sales

    Gail Tyrrell
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72916080

MLS Property Information Network (MLS PIN)

APN: SALE-000033-000000-000633-000803-000803

Massachusetts Essex County Salem 01970 South Salem

16 Willow Ave Unit 3, Salem, MA

This home is located at 16 Willow Ave Unit 3, Salem, MA 01970 since 03 November 2021 and is currently estimated at $386,784, approximately $501 per square foot. This property was built in 1885. 16 Willow Ave Unit 3 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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