18 Ocean Terrace Unit 2 Salem, MA 01970
South Salem Neighborhood
2
Beds
2
Baths
1,505
Sq Ft
8,276
Sq Ft Lot
About This Home
As of September 2018Welcome home to this stunning Salem condo with water views. Fully renovated in 2013/14 with all the bells and whistles while still maintaining the charm of its period features. Enjoy your modern open space kitchen with new energy efficient/stainless steel appliances and granite counters. Plenty of storage in kitchen and throughout unit with customer built-ins and walk-in-closet in master, 2 full baths with ceramic tiles and custom finishes.Custom doors lead you to a large sun drenched balcony where you can enjoy overlooking the harbor and tree lined streets.Spend winters cuddled up by the fireplace.Private patio for grill. Great location with a quick walk to Forest River Park and Glendale Park . Easy access to all Salem has to offer including downtown, restaurants, public transport, shopping and other area amenities.2 deeded parking spots w/ extra parking which includes garage w/ additional storage and space in basement.This really is a special unit, a must see!Quick close possible
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
1
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
Map
Property Details
Home Type
Condominium
Est. Annual Taxes
$6,594
Year Built
1900
Lot Details
0
Listing Details
- Unit Level: 2
- Property Type: Condominium/Co-Op
- CC Type: Condo
- Style: Garden
- Other Agent: 1.00
- Lead Paint: Unknown
- Year Round: Yes
- Year Built Description: Renovated Since
- Special Features: None
- Property Sub Type: Condos
- Year Built: 1900
Interior Features
- Has Basement: Yes
- Fireplaces: 1
- Number of Rooms: 5
- Amenities: Public Transportation, Shopping, Park, Medical Facility, University
- Electric: 100 Amps
- Flooring: Hardwood
- Bedroom 2: 18X14
- Kitchen: 16X1
- Living Room: 14X14
- Master Bedroom: 14X12
- Dining Room: 16X11
- Family Room: 11X12
- No Bedrooms: 2
- Full Bathrooms: 2
- No Living Levels: 1
- Main Lo: K95001
- Main So: K95001
Exterior Features
- Construction: Frame
- Exterior: Clapboard
- Exterior Unit Features: Deck
- Waterview Flag: Yes
Garage/Parking
- Garage Parking: Detached
- Garage Spaces: 1
- Parking: Assigned, Deeded
- Parking Spaces: 2
Utilities
- Hot Water: Natural Gas
- Utility Connections: for Gas Range
- Sewer: City/Town Sewer
- Water: City/Town Water
Condo/Co-op/Association
- Association Fee Includes: Water, Sewer, Master Insurance, Landscaping, Snow Removal
- Pets Allowed: Yes w/ Restrictions
- No Units: 3
- Unit Building: 2
Fee Information
- Fee Interval: Monthly
Lot Info
- Zoning: R1
- Acre: 0.19
- Lot Size: 8400.00
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Similar Homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $447,000 | -- | |
| Not Resolvable | $410,000 | -- | |
| Not Resolvable | $383,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $75,000 | Credit Line Revolving | |
| Open | $376,000 | Stand Alone Refi Refinance Of Original Loan | |
| Closed | $376,000 | Stand Alone Refi Refinance Of Original Loan | |
| Closed | $379,950 | New Conventional | |
| Previous Owner | $125,000 | New Conventional |
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
| 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
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72219493
APN: SALE-000033-000000-000695-000802-000802
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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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