NOT LISTED FOR SALE

Estimated Value: $611,000 - $767,000

2 Beds
2.5 Baths
1,320 Sq Ft
$517/Sq Ft Est. Value

Last Sold September 16, 2014

Last sale price $397,500 $301 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $4,533/month

125 Days on Market

Highlights

  • Marina
  • Medical Services
  • Waterfront
  • Golf Course Community
  • No Units Above
  • 4-minute walk to Piperpont Park

About This Home

As of September 2014

Downtown Salem end-unit townhouse condo completed in 2005 in historic former Salem Police Station conversion. High Ceilings, granite/stainless kitchen, in-unit laundry, C/A and very rare non-tandem 2 car deeded parking. Perfect for anyone who wants to live in the heart of Salem. Walking distance to train station and Salem Ferry for Boston commuters. Minutes from North Shore Medical Center, Peabody Essex Museum and Salem State University and District/Superior courthouses, with easy access to Cummings Center, Routes 128 and I-95. If you love urban living and want to be in the center of restaurants, museums, theater and the waterfront, this is the condo for you.

Last Agent to Sell the Property

Debra Goldberg

William Raveis R.E. & Home Services Listed on: 11/18/2013

William Raveis R.E. & Home Services

Last Buyer's Agent

Sally Clark

Armstrong Field Real Estate License #454002619

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,234

Year Built

  • Built in 1950

Lot Details

  • Waterfront
  • No Units Above
  • End Unit

HOA Fees

  • $348 Monthly HOA Fees

Home Design

  • Entry on the 3rd floor
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 1,320 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Living Room with Fireplace

Kitchen

  • Range
  • Microwave
  • ENERGY STAR Qualified Refrigerator
  • Dishwasher
  • Stainless Steel Appliances
  • Solid Surface Countertops
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • Walk-In Closet

Laundry

  • Laundry on main level
  • ENERGY STAR Qualified Dryer
  • Dryer
  • ENERGY STAR Qualified Washer

Parking

  • 2 Car Parking Spaces
  • Paved Parking
  • Open Parking
  • Off-Street Parking
  • Deeded Parking

Outdoor Features

  • Balcony
  • Deck
  • Rain Gutters

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Forced Air Heating and Cooling System
  • 1 Cooling Zone
  • 1 Heating Zone
  • Natural Gas Connected

Listing and Financial Details

  • Assessor Parcel Number 4642573

Community Details

Overview

  • Association fees include water, sewer, insurance, maintenance structure, ground maintenance, snow removal
  • 13 Units
  • Mid-Rise Condominium
  • Residences At Museum Place Community

Amenities

  • Medical Services
  • Shops
  • Elevator
  • Community Storage Space

Recreation

  • Marina
  • Golf Course Community
  • Park

Pet Policy

  • Breed Restrictions

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,234

Year Built

Built in 1950

Lot Details

0

HOA Fees

$348 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Townhouse, Mid-Rise
  • Year Built: 1950
  • Buyer Agency Type: %
  • Entry Level: 3
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Gross/Full Sale Price
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Tile, Hardwood
  • Entry Location: Unit Placement(Upper,Back)
  • Fireplace Features: Living Room
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Range,Dishwasher,Disposal,Trash Compactor,Microwave,Refrigerator,Washer,Dryer,ENERGY STAR Qualified Refrigerator,ENERGY STAR Qualified Dryer,ENERGY STAR Qualified Washer, Utility Connections for Gas Range
  • Total Bedrooms: 2
  • Room Bedroom2 Level: Second
  • Room Bedroom2 Features: Closet, Flooring - Hardwood, Deck - Exterior
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Room Master Bedroom Features: Bathroom - Full, Walk-In Closet(s), Flooring - Hardwood, Balcony / Deck
  • Room Master Bedroom Level: Second
  • Master Bathroom Features: Yes
  • Bathroom 1 Features: Bathroom - Half, Flooring - Stone/Ceramic Tile
  • Bathroom 1 Level: First
  • Bathroom 2 Level: Second
  • Bathroom 2 Features: Bathroom - Full, Flooring - Stone/Ceramic Tile
  • Bathroom 3 Features: Bathroom - Full, Flooring - Stone/Ceramic Tile
  • Bathroom 3 Level: Second
  • Room Dining Room Features: Flooring - Hardwood, Open Floorplan
  • Room Dining Room Level: First
  • Room Kitchen Level: First
  • Room Kitchen Features: Countertops - Stone/Granite/Solid, Stainless Steel Appliances
  • Laundry Features: First Floor
  • Room Living Room Level: First
  • Room Living Room Features: Flooring - Hardwood
  • Living Area: 1320
  • Stories Total: 2
  • MAIN LO: M59500
  • MAIN SO: C95180

Exterior Features

  • Exterior Features: Rain Gutters
  • Common Walls: No One Above, End Unit, Corner
  • Construction Materials: Brick
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Waterfront Features: Beach Front, Harbor, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: Yes

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Off Street, Deeded, Paved
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Cooling: Central Air
  • Heating: Forced Air
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 1
  • COOLING ZONES: 1

Condo/Co-op/Association

  • Association Amenities: Elevator(s), Storage
  • Association Fee: 348
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Park, Golf, Medical Facility, Highway Access, House of Worship, Marina, Public School, T-Station, University, Other
  • MANAGEMENT: Professional - Off Site
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal

Lot Info

  • Parcel Number: 4642573
  • Zoning: Res
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Property Attached YN: Yes

Rental Info

  • Pets Allowed: Breed Restrictions

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 6234.23

Multi Family

  • Number Of Units Total: 13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2013
Closed on
Sep 16, 2014
Sold by
Gelb Daniel K and Gelb Jessica S
Bought by
Warren James R and Warren Shirley A
Seller's Agent
Debra Goldberg
William Raveis R.E. & Home Services
Buyer's Agent
Sally Clark
Armstrong Field Real Estate
List Price
$397,500
Sold Price
$397,500
Current Estimated Value
$682,854

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$285,354
Avg. Annual Appreciation
4.94%

Purchase Details

Closed on
Jul 29, 2005
Sold by
Heritage Plz Ent Llc
Bought by
Siegel Gelb Daniel K and Siegel Gelb Jessica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,000
Interest Rate
5.67%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Warren James R $397,500 --
Siegel Gelb Daniel K $439,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Siegel Gelb Daniel K $289,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/16/2014 09/16/14 Sold $397,500 0.0% $301 / Sq Ft
03/17/2014 03/17/14 Pending -- -- --
11/25/2013 11/25/13 Off Market $397,500 -- --
11/12/2013 11/12/13 For Sale $397,500 -- $301 / 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 $7,083 $624,600 $0 $624,600
2024 $7,032 $605,200 $0 $605,200
2023 $7,316 $584,800 $0 $584,800
2022 $6,979 $526,700 $0 $526,700
2021 $6,699 $485,400 $0 $485,400
2020 $6,726 $465,500 $0 $465,500
2019 $6,488 $429,700 $0 $429,700
2018 $5,991 $389,500 $0 $389,500
2017 $6,028 $380,100 $0 $380,100
2016 $5,956 $380,100 $0 $380,100
2015 $5,601 $341,300 $0 $341,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71609524

MLS Property Information Network (MLS PIN)

APN: SALE-000035-000000-000236-000812-000812