NOT LISTED FOR SALE

Estimated Value: $603,675 - $621,000

2 Beds
2 Baths
1,155 Sq Ft
0.46 Acres

Last Sold November 29, 2017

Last sale price $445,000 $385 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $3,781/month

6 Days on Market

About This Home

As of November 2017

This casually sophisticated condo is located in the heart of historic downtown Salem at the award winning Residences at Museum Place. Spectacular two bedroom unit that boasts upscale kitchen with granite countertops, stainless steel appliances, breakfast bar, pantry and open concept living designed for effortless entertaining. Both bedrooms boast generous size, ample closets and each with their own full bath. Dining room offers high ceilings and french doors leading to private garden deck. Bright and open living room with fireplace. Additional amenities include central air, in unit laundry, additional storage, parking and elevator. City living in unbeatable location just steps from Commuter Rail, PEM, Salem Ferry, ocean and all the incredible shops and restaurants Salem is famous for -- this is your new home!!

Last Agent to Sell the Property

Sarah Myles-Lennox

MerryFox Realty Listed on: 10/12/2017

Last Buyer's Agent

Pam McKee

Keller Williams Realty Evolution

Keller Williams Realty Evolution

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,781

Year Built

1950

Lot Details

0

Listing Details

  • Unit Level: 1
  • Unit Placement: Ground
  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Garden
  • Other Agent: 1.00
  • Lead Paint: Unknown
  • Year Round: Yes
  • Year Built Description: Actual
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1950

Interior Features

  • Has Basement: Yes
  • Fireplaces: 1
  • Primary Bathroom: Yes
  • Number of Rooms: 5
  • Flooring: Wood Laminate
  • Interior Amenities: Cable Available
  • Bedroom 2: First Floor
  • Kitchen: First Floor
  • Laundry Room: First Floor
  • Living Room: First Floor
  • Master Bedroom: First Floor
  • Master Bedroom Description: Bathroom - Full, Closet, Flooring - Wood
  • Dining Room: First Floor
  • No Bedrooms: 2
  • Full Bathrooms: 2
  • No Living Levels: 1
  • Main Lo: K95001
  • Main So: C95098

Exterior Features

  • Construction: Brick
  • Exterior: Brick
  • Exterior Unit Features: Patio - Enclosed

Garage/Parking

  • Parking: Off-Street
  • Parking Spaces: 1

Utilities

  • Utility Connections: for Gas Range
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Condominium Name: Residences at Museum Place
  • Association Fee Includes: Water, Sewer, Master Insurance, Elevator, Exterior Maintenance, Landscaping, Snow Removal, Extra Storage, Refuse Removal, Reserve Funds
  • Management: Owner Association
  • Pets Allowed: Yes w/ Restrictions
  • No Units: 14
  • Unit Building: 3

Fee Information

  • Fee Interval: Monthly

Lot Info

  • Assessor Parcel Number: M:35 L:0236 S:803
  • Zoning: B5
  • Acre: 0.46
  • Lot Size: 19932.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 10, 2024
Sold by
Gust Stephen
Bought by
Hapworth Micah and Hapworth Ty
Current Estimated Value
$610,669

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$435,000
Outstanding Balance
$431,062
Interest Rate
7.13%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$179,607

Purchase Details

Listed on
Oct 12, 2017
Closed on
Nov 29, 2017
Sold by
Chen Dave T and Devecchis John
Bought by
Gust Stephen
Seller's Agent
Sarah Myles-Lennox
MerryFox Realty
Buyer's Agent
Pam McKee
Keller Williams Realty Evolution
List Price
$425,000
Sold Price
$445,000
Premium/Discount to List
$20,000
4.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.05%
Original Mortgage
$404,950
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 27, 2014
Sold by
Devecchis John
Bought by
Devecchis John and Chen Dave T

Purchase Details

Listed on
May 7, 2013
Closed on
Jul 22, 2013
Sold by
Colombeau Benjamin P and Deng Ni
Bought by
Devecchis John
Seller's Agent
Liz Walters
Coldwell Banker Realty - Marblehead
Buyer's Agent
Shirley Burke
Coldwell Banker Realty - Marblehead
List Price
$329,900
Sold Price
$325,000
Premium/Discount to List
-$4,900
-1.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.25%
Original Mortgage
$292,500
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 4, 2009
Sold by
Luster William E
Bought by
Colombeau Benjamin P

Purchase Details

Closed on
Oct 30, 2006
Sold by
3 Heritage Rt
Bought by
Luster William E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hapworth Micah $580,000 None Available
Hapworth Micah $580,000 None Available
Gust Stephen $445,000 --
Gust Stephen $445,000 --
Devecchis John -- --
Devecchis John -- --
Devecchis John $325,000 --
Devecchis John $325,000 --
Colombeau Benjamin P $305,000 --
Colombeau Benjamin P $305,000 --
Luster William E -- --
Luster William E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hapworth Micah $435,000
Closed Hapworth Micah $435,000
Previous Owner Gust Stephen $404,950
Previous Owner Luster William E $292,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/29/2017 11/29/17 Sold $445,000 +4.7% $385 / Sq Ft
10/18/2017 10/18/17 Pending -- -- --
10/12/2017 10/12/17 For Sale $425,000 +30.8% $368 / Sq Ft
07/22/2013 07/22/13 Sold $325,000 -1.5% $281 / Sq Ft View Prior Sale
05/17/2013 05/17/13 Pending -- -- --
05/07/2013 05/07/13 For Sale $329,900 -- $286 / 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 $6,781 $598,000 $0 $598,000
2024 $6,659 $573,100 $0 $573,100
2023 $6,788 $542,600 $0 $542,600
2022 $6,482 $489,200 $0 $489,200
2021 $6,222 $450,900 $0 $450,900
2020 $6,248 $432,400 $0 $432,400
2019 $6,043 $400,200 $0 $400,200
2018 $5,489 $356,900 $0 $356,900
2017 $5,427 $342,200 $0 $342,200
2016 $5,362 $342,200 $0 $342,200
2015 $5,171 $315,100 $0 $315,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72241969

MLS Property Information Network (MLS PIN)

APN: SALE-000035-000000-000236-000803-000803