NOT LISTED FOR SALE

18 Ropes St Unit 2L Salem, MA 01970

The Point Neighborhood

Estimated Value: $373,000 - $475,504

2 Beds
1 Bath
742 Sq Ft
$290/mo HOA Fee

Last Sold July 20, 2022

Last sale price $330,000 $445 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $2,856/month

3 Days on Market

Highlights

  • Marina
  • Community Stables
  • Deck
  • Golf Course Community
  • Medical Services
  • 5-minute walk to High Street Park

About This Home

As of July 2022

Opportunity knocks! Don't miss the chance to live in this fabulous commuter location! This bright & airy 1-2 bedroom condo is nestled in the heart of Salem, and is within walking distance to the commuter rail station, all the amazing shops & restaurants that Salem has to offer, as well as only a short walk to Derby Wharf! Across the street is the bike path that connects Salem State to Marblehead. This 2nd flr unit is move-in ready! Entire unit freshly painted. Enjoy beautiful hdwd floors throughout most of the unit as well as plenty of natural sunlight. Each room is perfectly sized & laid out giving this home a comfortable flow. spacious kitchen, dining rm, large bdrm, living rm, and full bth. If you need more space, the unfinished walk-up attic holds endless possibilities! Low condo fees include heat & hot water as well as shared laundry in the basement. This is one of only 2 units that offers 1 off street parking & 1 garage space as well as a private deck! A great place to call home!

Last Listed By

Andrea Anastas

RE/MAX Village Properties Listed on: 06/09/2022

RE/MAX Village Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,477

Year Built

  • Built in 1915

Lot Details

  • 4,792

HOA Fees

  • $290 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Tandem Parking
  • Garage Door Opener
  • Open Parking
  • Off-Street Parking
  • Deeded Parking

Home Design

  • Garden Home
  • Shingle Roof

Interior Spaces

  • 742 Sq Ft Home
  • 2-Story Property
  • Insulated Windows
  • Basement
  • Laundry in Basement
  • Attic Access Panel
  • Range with Range Hood

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • 1 Full Bathroom
  • Bathtub with Shower

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Collins Middle School
  • Salem High School

Utilities

  • Heating System Uses Oil
  • Hot Water Heating System
  • Heating System Uses Steam
  • Cable TV Available

Additional Features

  • Deck
  • Near Conservation Area

Listing and Financial Details

  • Legal Lot and Block 803 / 0291
  • Assessor Parcel Number M:34 L:0291 S:803,4449163

Community Details

Overview

  • Association fees include heat, sewer, insurance, maintenance structure, ground maintenance, snow removal
  • 4 Units
  • Fairview Condominium Community

Amenities

  • Medical Services
  • Common Area
  • Shops
  • Coin Laundry

Recreation

  • Marina
  • Golf Course Community
  • Park
  • Community Stables
  • Jogging Path
  • Bike Trail

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,477

Year Built

Built in 1915

Lot Details

0

HOA Fees

$290 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Garden
  • Year Built: 1915
  • Buyer Agency: 2.0
  • Dual Variable: Yes
  • Entry Level: 2
  • Transaction Broker: 2.0
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Plans
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Tile, Hardwood
  • Interior Amenities: Attic Access, Walk-up Attic
  • Entry Location: Unit Placement(Upper)
  • Fireplace YN: No
  • Appliances: Range, Refrigerator, Range Hood
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Features: Closet, Flooring - Hardwood, Cable Hookup
  • Room Master Bedroom Level: Second
  • Room Master Bedroom Area: 156.208333
  • Master Bathroom Features: No
  • Bathroom 1 Area: 36.8125
  • Bathroom 1 Features: Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile
  • Bathroom 1 Level: Second
  • Room Dining Room Features: Closet, Flooring - Hardwood, Cable Hookup
  • Room Dining Room Level: Second
  • Room Dining Room Area: 149.0625
  • Room Kitchen Level: Second
  • Room Kitchen Features: Flooring - Laminate, Pantry
  • Room Kitchen Area: 134.708333
  • Laundry Features: In Basement, Common Area
  • Room Living Room Level: Second
  • Room Living Room Area: 147.6875
  • Room Living Room Features: Flooring - Hardwood, Cable Hookup
  • Basement: Y
  • Living Area: 742
  • Spa YN: No
  • Stories Total: 2
  • Window Features: Insulated Windows
  • MAIN LO: AN4305
  • LIST PRICE PER Sq Ft: 424.53
  • PRICE PER Sq Ft: 444.74
  • MAIN SO: AN4339

Exterior Features

  • Exterior Features: Deck - Composite
  • Home Warranty YN: No
  • Patio And Porch Features: Deck - Composite
  • Roof: Shingle
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage YN: No
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Detached, Garage Door Opener, Deeded, Off Street, Tandem, Paved
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Gas Oven
  • Cooling: None
  • Heating: Steam, Oil, Common
  • Cooling Y N: No
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Association Amenities: Hot Water, Laundry
  • Association Fee: 290
  • Association Fee Frequency: Monthly
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Stable(s), Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University
  • Senior Community YN: No
  • UNIT BUILDING: 2L
  • MANAGEMENT: Owner Association
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Lot Info

  • Parcel Number: M:34 L:0291 S:803,4449163
  • Zoning: B4
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Size Sq Ft: 4761
  • Lot Size Units: Acres
  • PAGE: 20
  • OUTDOOR SPACE AVAILABLE: Yes - Common
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Unknown

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3477
  • Tax Block: 0291
  • Tax Book Number: 34686
  • Tax Lot: 803
  • Tax Map Number: 34

Multi Family

  • Number Of Units Total: 4
  • Basement Included Sq Ft: No

MLS Schools

  • High School: Salem
  • Middle Or Junior School: Collins

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2022
Closed on
Jul 20, 2022
Sold by
Duffy Matthew J
Bought by
Fortune Robert P and Fortune Victoria S
Seller's Agent
Andrea Anastas
RE/MAX Village Properties
Buyer's Agent
LYDIA LEONARD
Century 21 North East
List Price
$315,000
Sold Price
$330,000
Premium/Discount to List
$15,000
4.76%
Total Days on Market
3
Current Estimated Value
$405,626

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,626
Avg. Annual Appreciation
5.42%
Original Mortgage
$231,000
Outstanding Balance
$221,434
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$161,087

Purchase Details

Closed on
Jan 29, 2016
Sold by
Heath Catherine M
Bought by
Duffy Matthew J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,055
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 9, 2013
Closed on
Nov 27, 2013
Sold by
Ruvido Michael R
Bought by
Heath Catherine M
Seller's Agent
Sarah MacBurnie Liporto
Ocean's Edge Real Estate
Buyer's Agent
Janet Howcroft
Five Star Realty Group
List Price
$159,900
Sold Price
$140,000
Premium/Discount to List
-$19,900
-12.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.18%
Original Mortgage
$125,000
Interest Rate
4.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 13, 2004
Sold by
Holloran Dev Llc
Bought by
Ruvido Michael R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,900
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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Average Value
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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
Fortune Robert P $330,000 None Available
Duffy Matthew J $156,900 --
Heath Catherine M $140,000 --
Ruvido Michael R $179,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fortune Robert P $231,000
Previous Owner Duffy Matthew J $149,055
Previous Owner Heath Catherine M $125,000
Previous Owner Ruvido Michael R $179,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2022 07/23/22 Off Market $330,000 -- --
07/20/2022 07/20/22 Sold $330,000 +4.8% $445 / Sq Ft
06/13/2022 06/13/22 Pending -- -- --
06/09/2022 06/09/22 For Sale $315,000 +125.0% $425 / Sq Ft
11/27/2013 11/27/13 Sold $140,000 0.0% $176 / Sq Ft
11/10/2013 11/10/13 Pending -- -- --
10/05/2013 10/05/13 Off Market $140,000 -- --
09/05/2013 09/05/13 Price Changed $144,900 -3.3% $182 / Sq Ft
07/26/2013 07/26/13 Price Changed $149,900 -6.3% $189 / Sq Ft
07/09/2013 07/09/13 For Sale $159,900 -- $201 / 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 $3,798 $334,900 $0 $334,900
2024 $3,700 $318,400 $0 $318,400
2023 $3,627 $289,900 $0 $289,900
2022 $3,477 $262,400 $0 $262,400
2021 $3,400 $246,400 $0 $246,400
2020 $3,319 $229,700 $0 $229,700
2019 $3,236 $214,300 $0 $214,300
2018 $2,310 $150,200 $0 $150,200
2017 $2,260 $142,500 $0 $142,500
2016 $2,114 $134,900 $0 $134,900
2015 $2,035 $124,000 $0 $124,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72995663

MLS Property Information Network (MLS PIN)

APN: SALE-000034-000000-000291-000803-000803