NOT LISTED FOR SALE

18 Settlers Way Unit 18 Salem, MA 01970

Estimated Value: $741,888 - $770,000

2 Beds
1.5 Baths
1,629 Sq Ft
$462/Sq Ft Est. Value

Last Sold July 19, 2022

Last sale price $675,000 $414 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $5,233/month

113 Days on Market

Highlights

  • Marina
  • Medical Services
  • Clubhouse
  • Boat Dock
  • Waterfront
  • 4-minute walk to Irzyk Park

About This Home

As of July 2022

Live your vacation dream everyday in this waterfront townhouse at Settlers Way. Luxurious living minus the headaches. Newly remodeled updated kitchen, new wood floors and carpeting. Elegant fireplaced living room with a wall of glass looks out to deck with lovely water view. Watch the birds and the constantly changing ocean. 2 bedrooms upstairs with a Jack & Jill bathroom and laundry. Lower level family room, storage and glass slider to patio. OPEN HOUSE 3/24/22 5:00 PM - 7:00 PM

Last Agent to Sell the Property

Virginia Carson

Tache Real Estate, Inc. Listed on: 01/31/2022

Last Buyer's Agent

Jeffrey Doherty

Sagan Harborside Sotheby's International Realty

Sagan Harborside Sotheby's International Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,534

Year Built

  • Built in 1980

Lot Details

  • Waterfront
  • Two or More Common Walls

HOA Fees

  • $656 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Plaster Walls
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,629 Sq Ft Home
  • 3-Story Property
  • Insulated Windows
  • Sliding Doors
  • Insulated Doors
  • Living Room with Fireplace
  • Attic Access Panel
  • Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Concrete
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Parking

  • 1 Car Parking Space
  • Paved Parking
  • Open Parking
  • Off-Street Parking
  • Assigned Parking

Outdoor Features

  • Water Access
  • Walking Distance to Water
  • Deck
  • Covered Patio or Porch

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Collins Middle School
  • Salem High School

Utilities

  • Forced Air Heating and Cooling System
  • Air Source Heat Pump
  • Individual Controls for Heating
  • 200+ Amp Service
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 0005
  • Assessor Parcel Number 2138180

Community Details

Overview

  • Association fees include water, sewer, insurance, maintenance structure, road maintenance, ground maintenance, snow removal, trash, reserve funds
  • 36 Units
  • Collins Cove Condominium Community

Amenities

  • Medical Services
  • Common Area
  • Shops
  • Clubhouse

Recreation

  • Boat Dock
  • Marina
  • Recreation Facilities
  • Park
  • Jogging Path

Pet Policy

  • Call for details about the types of pets allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,534

Year Built

Built in 1980

Lot Details

0

HOA Fees

$656 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Townhouse
  • Year Built: 1980
  • Buyer Agency: 2
  • Entry Level: 1
  • Transaction Broker: 2
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Wood, Vinyl, Carpet, Concrete, Hardwood
  • Interior Amenities: Finish - Cement Plaster
  • Door Features: Insulated Doors
  • Entry Location: Unit Placement(Street)
  • Fireplace Features: Living Room
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Range,Dishwasher,Disposal,Microwave,Refrigerator,Washer,Dryer, Electric Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Oven, Utility Connections for Electric Dryer
  • Total Bedrooms: 2
  • Room Bedroom2 Level: Second
  • Room Bedroom2 Features: Closet, Flooring - Wall to Wall Carpet
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bathrooms: 1.5
  • Room Master Bedroom Features: Closet, Flooring - Wall to Wall Carpet
  • Room Master Bedroom Level: Second
  • Bathroom 1 Features: Bathroom - Half
  • Bathroom 1 Level: First
  • Bathroom 2 Level: Second
  • Bathroom 2 Features: Bathroom - Full
  • Room Dining Room Level: First
  • Room Family Room Level: Basement
  • Room Family Room Features: Exterior Access, Slider
  • Room Kitchen Level: First
  • Room Kitchen Features: Countertops - Upgraded, Cabinets - Upgraded
  • Laundry Features: Attic Access, Electric Dryer Hookup, Second Floor, In Unit
  • Room Living Room Level: First
  • Room Living Room Features: Flooring - Hardwood, Deck - Exterior, Slider
  • Basement: Y
  • Living Area: 1629
  • Stories Total: 3
  • Window Features: Insulated Windows
  • MAIN LO: C86500
  • LIST PRICE PER Sq Ft: 416.82
  • PRICE PER Sq Ft: 414.36
  • MAIN SO: AN4471

Exterior Features

  • Common Walls: 2+ Common Walls
  • Construction Materials: Frame
  • Patio And Porch Features: Deck, Deck - Wood, Patio, Covered
  • Roof: Shingle
  • Waterfront Features: Waterfront, Beach Front, Navigable Water, Ocean, Bay, Harbor, Dock/Mooring, Frontage, Access, Beach Access, Bay, Ocean, Walk to, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: Yes

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Off Street, Assigned, Paved
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Oven, for Electric Dryer
  • Cooling: Central Air, Heat Pump, Individual, Unit Control
  • Heating: Central, Forced Air, Heat Pump, Electric, Individual, Unit Control, Air Source Heat Pumps (ASHP)
  • Cooling Y N: Yes
  • Electric: Circuit Breakers, 200+ Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • SEWAGE DISTRICT: essex

Condo/Co-op/Association

  • Association Amenities: Recreation Facilities, Clubroom, Boat Dock
  • Association Fee: 656
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, House of Worship, Marina, Public School, T-Station
  • Senior Community YN: No
  • UNIT BUILDING: 18
  • MANAGEMENT: Owner Association
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Lot Info

  • Parcel Number: 2138180
  • Zoning: R
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • PAGE: 369
  • OUTDOOR SPACE AVAILABLE: Yes - Common
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 6533.58
  • Tax Book Number: 34216
  • Tax Lot: 0005
  • Tax Map Number: 42

Multi Family

  • Number Of Units Total: 36
  • Basement Included Sq Ft: No

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 15, 2015
Sold by
Cavalieri Susan
Bought by
Collins Cove Rt and Tatelman Deborah
Current Estimated Value
$752,722

Purchase Details

Closed on
May 31, 1994
Sold by
Est Alice Towle and Farrar Nancy
Bought by
Cavalieri Susan
Source: Public Records

Range of Values:

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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
Collins Cove Rt $460,700 --
Cavalieri Susan $158,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cavalieri Susan $288,613
Previous Owner Cavalieri Susan $299,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2022 07/19/22 Sold $675,000 -0.6% $414 / Sq Ft
05/25/2022 05/25/22 Pending -- -- --
04/04/2022 04/04/22 Price Changed $679,000 -2.9% $417 / Sq Ft
01/31/2022 01/31/22 For Sale $699,000 -- $429 / 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 $7,227 $637,300 $0 $637,300
2024 $7,193 $619,000 $0 $619,000
2023 $6,679 $533,900 $0 $533,900
2022 $6,534 $493,100 $0 $493,100
2021 $6,805 $493,100 $0 $493,100
2020 $7,248 $501,600 $0 $501,600
2019 $7,228 $478,700 $0 $478,700
2018 $6,887 $447,800 $0 $447,800
2017 $6,585 $415,200 $0 $415,200
2016 $6,074 $387,600 $0 $387,600
2015 $6,357 $387,400 $0 $387,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72938121

MLS Property Information Network (MLS PIN)

APN: SALE-000042-000000-000005-000818-000818