18 Ocean Terrace Unit 2 Salem, MA 01970
South Salem NeighborhoodEstimated Value: $610,000 - $669,000
2
Beds
2
Baths
1,505
Sq Ft
$230/mo
HOA Fee
Highlights
- Harbor Views
- French Doors
- Forced Air Heating and Cooling System
- Wood Flooring
About This Home
As of September 2018Welcome Home To Historical Salem. This impressive condo with water views from multiple rooms was fully renovated in 2013-2014 while still retaining many features of the past. Enjoy this modern, sofistocated 2 bedroom 2 bath condo with hardwood floors, granite counter tops and energy efficient stainless steel appliances. Feel the inviting flow of the open concept living area & enjoy peaceful views of the harbor from the sun-filled rear deck or warm up by the fire place on those chilly New England evenings. This unit also comes with an exclusive stone patio w/ stainless steel bbq grill & water view, 1 off street parking space, 1 garage space w/storage and additional storage in the basement. Only minutes from the beach, golf course, down town shops and restaurants or the MBTA. This condo is move in ready just waiting for its new owner to enjoy. A quick close is possible. The beach is less than a 1/4 mile away.(Don't forget your chairs and a cooler !)
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $6,594
Year Built
- Built in 1900
Lot Details
- Year Round Access
HOA Fees
- $230 per month
Parking
- 1 Car Garage
Interior Spaces
- French Doors
- Wood Flooring
- Harbor Views
- Basement
Kitchen
- Built-In Oven
- Range with Range Hood
- Microwave
- Dishwasher
Laundry
- Dryer
- Washer
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Water Holding Tank
- Natural Gas Water Heater
- Cable TV Available
Community Details
- Call for details about the types of pets allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 31, 2018
Closed on
Sep 26, 2018
Sold by
Gundy Beach Llc
Bought by
Meiser Michelle J
Seller's Agent
Ron Messina
Keller Williams Realty Evolution
Buyer's Agent
Michelle Meiser
Corley Realty Plus
List Price
$449,000
Sold Price
$447,000
Premium/Discount to List
-$2,000
-0.45%
Total Days on Market
37
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$195,849
Avg. Annual Appreciation
5.48%
Original Mortgage
$379,950
Interest Rate
4.5%
Mortgage Type
New Conventional
Purchase Details
Listed on
Aug 26, 2017
Closed on
Sep 29, 2017
Sold by
Leszczynski Paul S
Bought by
Gundy Beach Llc
Seller's Agent
Constantina Tzortzis
Coldwell Banker Realty - Ipswich
Buyer's Agent
Constantina Tzortzis
Coldwell Banker Realty - Ipswich
List Price
$410,000
Sold Price
$410,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.12%
Purchase Details
Closed on
Jan 22, 2016
Sold by
Guts Realty Llc
Bought by
Leszczynski Paul S and Leszczynski Rosemary A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
3.98%
Mortgage Type
New Conventional
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
Similar Homes in Salem, MA
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Meiser Michelle J | $447,000 | -- | |
| Gundy Beach Llc | $410,000 | -- | |
| Leszczynski Paul S | $383,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Meiser Michelle J | $75,000 | |
| Open | Meiser Michelle J | $376,000 | |
| Closed | Meiser Michelle J | $376,000 | |
| Closed | Meiser Michelle J | $379,950 | |
| Previous Owner | Leszczynski Paul S | $125,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/26/2018 09/26/18 | Sold | $447,000 | -0.4% | $297 / Sq Ft |
| 07/07/2018 07/07/18 | Pending | -- | -- | -- |
| 06/11/2018 06/11/18 | For Sale | $449,000 | 0.0% | $298 / Sq Ft |
| 06/05/2018 06/05/18 | Pending | -- | -- | -- |
| 05/31/2018 05/31/18 | For Sale | $449,000 | 0.0% | $298 / Sq Ft |
| 12/02/2017 12/02/17 | Rented | $2,000 | 0.0% | -- |
| 12/01/2017 12/01/17 | Under Contract | -- | -- | -- |
| 11/07/2017 11/07/17 | Price Changed | $2,000 | -20.0% | $1 / Sq Ft |
| 10/18/2017 10/18/17 | For Rent | $2,500 | 0.0% | -- |
| 09/29/2017 09/29/17 | Sold | $410,000 | 0.0% | $272 / Sq Ft |
| 08/27/2017 08/27/17 | Pending | -- | -- | -- |
| 08/26/2017 08/26/17 | For Sale | $410,000 | -- | $272 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $6,594 | $581,500 | $0 | $581,500 |
| 2024 | $6,394 | $550,300 | $0 | $550,300 |
| 2023 | $6,416 | $512,900 | $0 | $512,900 |
| 2022 | $6,217 | $469,200 | $0 | $469,200 |
| 2021 | $6,182 | $448,000 | $0 | $448,000 |
| 2020 | $6,167 | $426,800 | $0 | $426,800 |
| 2019 | $5,931 | $392,800 | $0 | $392,800 |
| 2018 | $5,649 | $367,300 | $0 | $367,300 |
| 2017 | $5,681 | $358,200 | $0 | $358,200 |
| 2016 | $5,411 | $345,300 | $0 | $345,300 |
| 2015 | $2,591 | $157,900 | $0 | $157,900 |
Source: Public Records
Agents Affiliated with this Home
-
Ron Messina
Seller's Agent in 2018
Ron Messina
Keller Williams Realty Evolution
(781) 241-3333
12 Total Sales
-
M
Buyer's Agent in 2018
Michelle Meiser
Corley Realty Plus
-
Seller's Agent in 2017
Bentley's Team
RE/MAX
-
Constantina Tzortzis
Seller's Agent in 2017
Constantina Tzortzis
Coldwell Banker Realty - Ipswich
(603) 459-9632
83 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72336964
APN: SALE-000033-000000-000695-000802-000802
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.
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.
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