NOT LISTED FOR SALE

Estimated Value: $430,000 - $555,000

2 Beds
1 Bath
1,280 Sq Ft
8,712 Sq Ft Lot Lot

Sale Details

Date Sold: January 24, 2023

Last sale price $350,000 $273 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $3,146 / mo

168 Days on Market

Highlights

  • Marina
  • No Units Above
  • Property is near public transit and schools
  • Medical Services
  • 0.2 Acre Lot
  • 3-minute walk to Gonyea Park

About This Home

As of January 2023

One of Salem's most sought after locations and nicest yards! Historic living close to Salem Common and the MBTA commuter rail. This third floor 2 bedroom, 1 bath condo checks all the boxes. Central air. Furnace and AC 2019. In-unit laundry. Newly renovated kitchen and bath includes all appliances. Bonus area with wet bar and built in desk. TONS of closet space. Huge shared yard. Two parking spaces plus guest parking. Pet friendly. **The attic space above this Unit 3 belongs to Unit 3. There may be a possibility of using it for more ceiling height (buyer to do own due diligence)**

Last Agent to Sell the Property

Erin Lamb

RE/MAX 360 Listed on: 06/23/2022

RE/MAX 360

Last Buyer's Agent

Erin Lamb

RE/MAX 360 Listed on: 06/23/2022

RE/MAX 360

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,933

Year Built

  • Built in 1850

Lot Details

  • 8,712

HOA Fees

  • $275 Monthly HOA Fees

Home Design

  • Garden Home
  • Entry on the 3rd floor
  • Frame Construction
  • Shingle Roof
  • Rubber Roof

Interior Spaces

  • 1,280 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on third floor
  • 1 Full Bathroom

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Parking

  • 2 Car Parking Spaces
  • Tandem Parking
  • Off-Street Parking
  • Assigned Parking

Utilities

  • Forced Air Heating and Cooling System
  • 1 Cooling Zone
  • 1 Heating Zone
  • Heating System Uses Natural Gas
  • 100 Amp Service
  • Electric Water Heater

Additional Features

  • No Units Above
  • Property is near public transit and schools

Listing and Financial Details

  • Assessor Parcel Number M:35 L:0101 S:803,4973516

Community Details

Overview

  • Association fees include water, sewer, insurance, maintenance structure, ground maintenance, snow removal, reserve funds
  • 3 Units

Amenities

  • Medical Services
  • Common Area
  • Shops
  • Coin Laundry

Recreation

  • Marina
  • Park
  • Jogging Path
  • Bike Trail

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,933

Year Built

Built in 1850

Lot Details

8,712 Sq Ft Lot

HOA Fees

$275 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Garden
  • Year Built: 1850
  • Entry Level: 3
  • Year Built Details: Renovated Since
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Wood, Tile, Flooring - Hardwood
  • Interior Amenities: Countertops - Stone/Granite/Solid, Wet bar
  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Microwave,Refrigerator,Washer,Dryer, Electric Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Dryer
  • Total Bedrooms: 2
  • Room Bedroom2 Level: Third
  • Room Bedroom2 Features: Closet, Flooring - Hardwood
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Features: Closet, Flooring - Hardwood
  • Room Master Bedroom Level: Third
  • Room Dining Room Features: Flooring - Hardwood
  • Room Dining Room Level: Third
  • Room Kitchen Level: Third
  • Room Kitchen Features: Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
  • Laundry Features: Flooring - Laminate, Electric Dryer Hookup, Washer Hookup, Third Floor
  • Room Living Room Level: Third
  • Room Living Room Features: Flooring - Hardwood
  • Basement: Y
  • Accessibility Features: No
  • Living Area: 1280
  • Stories Total: 3
  • MAIN LO: AN4305
  • MAIN SO: AN4305

Exterior Features

  • Common Walls: No One Above
  • Construction Materials: Frame
  • Roof: Shingle, Rubber
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street, Tandem, Assigned
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Dryer, Washer Hookup
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Cooling Y N: Yes
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 1
  • COOLING ZONES: 1

Condo/Co-op/Association

  • Association Fee: 275
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Marina, Public School, T-Station, University
  • MANAGEMENT: Owner Association
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Lot Info

  • Parcel Number: M:35 L:0101 S:803,4973516
  • Zoning: R2
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.2
  • Lot Size Sq Ft: 8651
  • Lot Size Units: Acres
  • OUTDOOR SPACE AVAILABLE: Yes - Common
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4933

Multi Family

  • Number Of Units Total: 3
  • Basement Included Sq Ft: No

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2022
Closed on
Jan 24, 2023
Sold by
Bought by
Seller's Agent
Erin Lamb
RE/MAX 360
Buyer's Agent
Erin Lamb
RE/MAX 360
List Price
$375,000
Sold Price
$350,000
Premium/Discount to List
-$25,000
-6.67%
Views
338
Current Estimated Value
$469,341

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,341
Avg. Annual Appreciation
9.04%
Original Mortgage
$250,000
Outstanding Balance
$241,327
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$228,014

Purchase Details

Closed on
Oct 14, 2003
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$350,000 None Available
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $250,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/24/2023 01/24/23 Sold $350,000 -6.7% $273 / Sq Ft
12/09/2022 12/09/22 Pending -- -- --
10/24/2022 10/24/22 For Sale $375,000 +7.1% $293 / Sq Ft
10/22/2022 10/22/22 Off Market $350,000 -- --
10/07/2022 10/07/22 Price Changed $375,000 -1.1% $293 / Sq Ft
08/26/2022 08/26/22 Price Changed $379,000 -5.0% $296 / Sq Ft
07/18/2022 07/18/22 Price Changed $399,000 0.0% $312 / Sq Ft
07/18/2022 07/18/22 For Sale $399,000 +14.0% $312 / Sq Ft
07/12/2022 07/12/22 Off Market $350,000 -- --
06/23/2022 06/23/22 For Sale $409,000 -- $320 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,949 $348,200 $0 $348,200
2024 $4,031 $346,900 $0 $346,900
2023 $4,953 $395,900 $0 $395,900
2022 $4,933 $372,300 $0 $372,300
2021 $4,787 $346,900 $0 $346,900
2020 $4,682 $324,000 $0 $324,000
2019 $4,433 $293,600 $0 $293,600
2018 $4,203 $273,300 $0 $273,300
2017 $4,446 $280,300 $0 $280,300
Source: Public Records

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73003244

MLS Property Information Network (MLS PIN)

APN: SALE-000035-000000-000101-000803-000803

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