NOT LISTED FOR SALE

Estimated Value: $316,000 - $362,000

1 Bed
1 Bath
757 Sq Ft
$186/mo HOA Fee

Last Sold January 07, 2022

Last sale price $272,500 $360 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $2,330/month

50 Days on Market

Highlights

  • Wood Flooring
  • Stainless Steel Appliances
  • 2-minute walk to Patten Park
  • Solid Surface Countertops
  • Bathtub with Shower

About This Home

As of January 2022

Fantastic rear condo unit located in Historic Salem!!! First floor includes a huge kitchen with high ceilings, tile floor, granite counters and stainless steel appliances. Living room has hardwood throughout with plenty of closet space. Second floor has quiet master bedroom with hardwood floors. Unit has very low utility bills with newer gas fed heating system and hot water heater. Basement has extra storage for each unit as well as a washer and dryer. Very private backyard and 2 off street parking spaces. Located close to vibrant downtown Salem with all its great shopping and restaurants and also has easy access to RTE 128, commuter rail and ferry into downtown Boston. Come see this condo and get into Salem for a great price!!!!

Last Agent to Sell the Property

Michael Koster

Joe Bean Real Estate Listed on: 10/11/2021

Last Buyer's Agent

Ryan Conn

J. Barrett & Company

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,243

Year Built

  • 1880

Lot Details

  • 5,271

HOA Fees

  • $186 per month

Interior Spaces

  • Light Fixtures

Kitchen

  • Stainless Steel Appliances
  • Solid Surface Countertops

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • Primary bedroom located on second floor
  • Bathtub with Shower

Utilities

  • 1 Heating Zone
  • Cable TV Available

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,243

Year Built

1880

Lot Details

0

HOA Fees

$186 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • Directions: RTE 114
  • Garage Yn: No
  • Structure Type: 2/3 Family
  • Year Built Details: Approximate
  • Special Features: None
  • Year Built: 1880

Interior Features

  • Appliances: Range,Refrigerator,Washer,Dryer, Gas Water Heater
  • Total Bathrooms: 1
  • Room Master Bedroom Features: Closet, Flooring - Wood, Cable Hookup, Lighting - Overhead
  • Room Master Bedroom Level: Second
  • Room Master Bedroom Area: 144
  • Master Bathroom Features: No
  • Bathroom 1 Area: 48
  • Bathroom 1 Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower
  • Bathroom 1 Level: First
  • Room Kitchen Level: First
  • Room Kitchen Features: Closet, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Cable Hookup, Stainless Steel Appliances
  • Room Kitchen Area: 168
  • Room Living Room Level: First
  • Room Living Room Area: 196
  • Room Living Room Features: Closet, Flooring - Hardwood, Cable Hookup, Lighting - Overhead
  • MAIN LO: AN1010
  • LIST PRICE PER Sq Ft: 369.75
  • PRICE PER Sq Ft: 359.97
  • MAIN SO: C95243
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace: No
  • Flooring: Tile, Hardwood
  • Interior Amenities: Internet Available - Broadband
  • Stories: 2
  • Window Features: Insulated Windows

Exterior Features

  • Roof: Slate
  • Construction Type: Frame
  • Disclosures: Exterior Pictures Have Been Modified To Reflect Finished Painting. Seller Is Paid In Full On All Special Assessments Pertaining To The Exterior Of The Property. (Carpentry/Painting) Possibility Of Outside Management Company Being Used/Could Increase Monthly Condo Fees
  • Waterfront: No

Garage/Parking

  • Total Parking Spaces: 2

Utilities

  • Cooling: Window Unit(s)
  • Heating: Baseboard
  • HEAT ZONES: 1
  • COOLING ZONES: 0
  • Cooling Y N: Yes
  • Electric: 110 Volts
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • UNIT BUILDING: 2
  • Association Fee: 186
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Community Features: Public Transportation, Shopping, Park, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, Public School

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance

Lot Info

  • LOT SIZE: 0.12
  • PAGE: 27
  • Farm Land Area Units: Square Feet
  • Zoning: R2

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 3422.4
  • Tax Block: 0094
  • Tax Book Number: 33987
  • Tax Lot: 802
  • Tax Map Number: 27
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 7, 2021
Sold by
Gay Michael D
Bought by
Naids Austin
Current Estimated Value
$343,983

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,875
Interest Rate
3.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Feb 11, 2015
Closed on
Apr 16, 2015
Sold by
Segal Honor
Bought by
Gay Michael D
Seller's Agent
Jerald Tache
Tache Real Estate, Inc.
Buyer's Agent
Michael Koster
Joe Bean Real Estate
List Price
$175,000
Sold Price
$175,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.75%
Original Mortgage
$166,250
Interest Rate
3.72%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 6, 2012
Closed on
Mar 27, 2013
Sold by
Wolstencroft Michael S
Bought by
Segal Honor
Seller's Agent
Janice Kostopoulos
Coldwell Banker Realty - Marblehead
Buyer's Agent
Non Member
Non Member Office
List Price
$169,000
Sold Price
$144,000
Premium/Discount to List
-$25,000
-14.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.98%
Original Mortgage
$21,500
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 30, 2009
Sold by
Feffer Sherrie J
Bought by
Wolstencroft Michael S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,300
Interest Rate
5.06%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 15, 2005
Sold by
Joyce Jill and Joyce Robert A
Bought by
Feffer Sherrie J
Source: Public Records

Range of Values:

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Average Value
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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
Naids Austin $272,500 None Available
Gay Michael D $175,000 --
Segal Honor $144,000 --
Wolstencroft Michael S $189,000 --
Feffer Sherrie J $235,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Naids Austin $61,194
Previous Owner Gay Michael D $32,000
Previous Owner Naids Austin $258,875
Previous Owner Gay Michael D $200,000
Previous Owner Gay Michael D $166,250
Previous Owner Feffer Sherrie J $108,000
Previous Owner Feffer Sherrie J $21,500
Previous Owner Feffer Sherrie J $183,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/07/2022 01/07/22 Sold $272,500 -2.6% $360 / Sq Ft
11/30/2021 11/30/21 Pending -- -- --
10/11/2021 10/11/21 For Sale $279,900 +59.9% $370 / Sq Ft
04/16/2015 04/16/15 Sold $175,000 0.0% $231 / Sq Ft
03/25/2015 03/25/15 Pending -- -- --
02/25/2015 02/25/15 Off Market $175,000 -- --
02/11/2015 02/11/15 For Sale $175,000 +21.5% $231 / Sq Ft
03/27/2013 03/27/13 Sold $144,000 -7.0% $190 / Sq Ft
02/19/2013 02/19/13 Pending -- -- --
01/18/2013 01/18/13 Price Changed $154,900 -4.7% $205 / Sq Ft
01/04/2013 01/04/13 Price Changed $162,500 -3.8% $215 / Sq Ft
12/06/2012 12/06/12 For Sale $169,000 -- $223 / 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 $3,243 $286,000 $0 $286,000
2024 $3,156 $271,600 $0 $271,600
2023 $3,593 $287,200 $0 $287,200
2022 $3,483 $262,900 $0 $262,900
2021 $3,428 $248,400 $0 $248,400
2020 $3,507 $242,700 $0 $242,700
2019 $3,410 $225,800 $0 $225,800
2018 $3,167 $205,900 $0 $205,900
2017 $3,105 $195,800 $0 $195,800
2016 $2,938 $187,500 $0 $187,500
2015 -- $179,200 $0 $179,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72927562

MLS Property Information Network (MLS PIN)

APN: SALE-000027-000000-000094-000802-000802