NOT LISTED FOR SALE

162 Ocean Ave W Salem, MA 01970

Castle Hill Neighborhood

Estimated Value: $734,000 - $824,000

3 Beds
2.5 Baths
2,352 Sq Ft
$335/Sq Ft Est. Value

Last Sold September 14, 2021

Last sale price $690,000 $293 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $5,029/month

6 Days on Market

Highlights

  • Medical Services
  • Deck
  • No HOA
  • Colonial Architecture
  • Property is near public transit
  • 4-minute walk to St. Annes Park

About This Home

As of September 2021

Hello Beauty!! Come take a look at this move in ready and spacious single family home with 3 great sized bedrooms, plenty of closet space, 2.5 baths, 2 car driveway, and huge backyard to enjoy the summer days with the family. Freshly painted and renovated. Lots of natural light throughout and high ceilings. Spacious eat in kitchen with plenty of cabinet space and SS appliances. Newly done bathroom with brand new vanity. Huge attic with great potential. Conveniently located near restaurants, shopping centers, public transportation, highway access, and near by Forest River Park and Salem State University! First showing at Open House Saturday July 3rd. Offers due Monday July 5 @ 1:00.

Last Agent to Sell the Property

Borinquen Jimenez

Madelyn Garcia Real Estate Listed on: 06/30/2021

Last Buyer's Agent

Sarah Alvarado

Keller Williams Realty Evolution License #452019072

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,489

Year Built

  • Built in 1998

Lot Details

  • 7,405 Sq Ft Lot
  • Gentle Sloping Lot
  • Property is zoned R2

Home Design

  • 2,352 Sq Ft Home
  • Colonial Architecture
  • Shingle Roof
  • Concrete Perimeter Foundation

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 2 Car Parking Spaces
  • Driveway
  • Open Parking

Outdoor Features

  • Deck

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Window Unit Cooling System
  • Heating System Uses Oil
  • Baseboard Heating

Additional Features

  • Finished Basement

Listing and Financial Details

  • Assessor Parcel Number M:24 L:0226,3159579

Community Details

Overview

  • No Home Owners Association

Amenities

  • Medical Services
  • Shops

Recreation

  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,489

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Colonial
  • Year Built: 1998
  • Buyer Agency: 2%
  • Buyer Agency Type: %
  • Transaction Broker: 2%
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • Special Features: None

Interior Features

  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Disposal,Microwave, Utility Connections for Electric Range
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bathrooms: 2.5
  • Basement: Finished
  • Living Area: 2352
  • MAIN LO: BB3163
  • LIST PRICE PER Sq Ft: 272.07
  • PRICE PER Sq Ft: 293.37
  • MAIN SO: C95236

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range
  • Cooling: Window Unit(s)
  • Heating: Baseboard, Oil
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Public Transportation, Shopping, Park, Medical Facility, House of Worship, Public School, University

Lot Info

  • Parcel Number: M:24 L:0226,3159579
  • Zoning: R2
  • Farm Land Area Units: Square Feet
  • Lot Features: Gentle Sloping
  • Lot Size Acres: 0.17
  • Lot Size Area: 0.17
  • Lot Size Sq Ft: 7405.2
  • Lot Size Units: Acres
  • Property Attached YN: No
  • LOT SIZE: 7275
  • PAGE: 110

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 6489
  • Tax Book Number: 39233

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2021
Closed on
Sep 14, 2021
Sold by
Durango Monica and Mora Joshua
Bought by
Cabrera Benjamin and Cabrera Kelly P
Seller's Agent
Borinquen Jimenez
Madelyn Garcia Real Estate
Buyer's Agent
Sarah Alvarado
Keller Williams Realty Evolution
List Price
$639,900
Sold Price
$690,000
Premium/Discount to List
$50,100
7.83%
Current Estimated Value
$796,644

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,644
Avg. Annual Appreciation
2.79%
Original Mortgage
$520,000
Outstanding Balance
$478,288
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$289,788

Purchase Details

Listed on
Oct 1, 2020
Closed on
Nov 12, 2020
Sold by
Weiss Bonnie L
Bought by
Durango Monica and Mora Joshua
Seller's Agent
Pam McKee
Keller Williams Realty Evolution
Buyer's Agent
Borinquen Jimenez
Madelyn Garcia Real Estate
List Price
$509,000
Sold Price
$510,000
Premium/Discount to List
$1,000
0.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
46.61%
Original Mortgage
$484,500
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 2005
Sold by
Rakauskas Jason C and Rakauskas Sarah M
Bought by
Weiss Bonnie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
5.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 23, 2002
Sold by
Delisi Anthony F and Delisi Christine
Bought by
Rakauskas Sarah M and Rakauskas Jason C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,720
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Cabrera Benjamin $690,000 None Available
Durango Monica $510,000 None Available
Weiss Bonnie L $402,000 --
Rakauskas Sarah M $315,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cabrera Benjamin $520,000
Previous Owner Durango Monica $484,500
Previous Owner Delisi Anthony F $320,000
Previous Owner Delisi Anthony F $251,000
Previous Owner Delisi Anthony F $252,720
Previous Owner Delisi Anthony F $28,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2021 09/14/21 Sold $690,000 +7.8% $293 / Sq Ft
07/06/2021 07/06/21 Pending -- -- --
06/30/2021 06/30/21 For Sale $639,900 +25.5% $272 / Sq Ft
11/30/2020 11/30/20 Sold $510,000 +0.2% $217 / Sq Ft
10/11/2020 10/11/20 Pending -- -- --
10/01/2020 10/01/20 For Sale $509,000 -- $216 / 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 $7,546 $665,400 $216,900 $448,500
2024 $7,381 $635,200 $206,100 $429,100
2023 $7,151 $571,600 $190,200 $381,400
2022 $6,466 $488,000 $183,900 $304,100
2021 $6,489 $470,200 $171,200 $299,000
2020 $6,479 $448,400 $161,700 $286,700
2019 $6,356 $420,900 $153,500 $267,400
2018 $6,167 $401,000 $145,800 $255,200
2017 $5,859 $369,400 $123,000 $246,400
2016 $5,699 $363,700 $117,300 $246,400
2015 $5,676 $345,900 $107,800 $238,100
Source: Public Records

Agents Affiliated with this Home

  • Borinquen Jimenez

    Seller's Agent in 2021

    Borinquen Jimenez

    Madelyn Garcia Real Estate

    (617) 839-3202

    2 in this area

    37 Total Sales

    Section Image

  • S

    Buyer's Agent in 2021

    Sarah Alvarado

    Keller Williams Realty Evolution

  • Pam McKee

    Seller's Agent in 2020

    Pam McKee

    Keller Williams Realty Evolution

    (978) 500-4047

    4 in this area

    102 Total Sales

    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72858761

MLS Property Information Network (MLS PIN)

APN: SALE-000024-000000-000226

Massachusetts Essex County Salem 01970 Castle Hill

162 Ocean Ave W, Salem, MA

This home is located at 162 Ocean Ave W, Salem, MA 01970 since 30 June 2021 and is currently estimated at $788,412, approximately $335 per square foot. This property was built in 1998. 162 Ocean Ave W is a home located in Essex County with nearby schools including Horace Mann Laboratory, Saltonstall School, and Carlton Elementary School.

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.

Nearby Homes