NOT LISTED FOR SALE

184 Ocean Ave W Unit 2L Salem, MA 01970

Castle Hill Neighborhood

Estimated Value: $233,000 - $446,000

1 Bed
1 Bath
446 Sq Ft
$114/mo HOA Fee

Last Sold April 24, 2018

Last sale price $129,900 $291 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $1,975/month

16 Days on Market

About This Home

As of April 2018

The best deal in Salem! This unit can also be sold as a package along with Units 2R and 3L, currently listed in MLS. Do not miss out on these affordable units in coastal, historic, charming Salem! Excellent location in residential neighborhood of mostly single family homes. This railroad style unit offers great value and potential for a first time buyer or investor. Salem's vibrant and livable downtown is sure to please with a 94 Walk Score and a rapidly growing restaurant and art scene. Perks include lots of natural light, parking, shared laundry and storage in basement, front decks built in 2017, and 2013 hot water heater. Pet friendly! This unit and common areas needs some TLC, but would be well worth the effort at this price point in a well managed building with low condo fees. Property sold as is. NO SHOWINGS UNTIL 1st OPEN HOUSE ON 3/11, from 10:30am-noon.

Last Agent to Sell the Property

Soraya Cacici

Nest Forward Listed on: 03/06/2018

Co-Listed By

Betsy Williams

Century 21 North East

Last Buyer's Agent

Robin Delaney

Jebb Realty, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,419

Year Built

  • Built in 1905

HOA Fees

  • $114 per month

Kitchen

  • Range
  • Freezer

Flooring

  • Wood Flooring

Utilities

  • Window Unit Cooling System
  • Electric Baseboard Heater
  • Heating System Uses Gas
  • Natural Gas Water Heater

Additional Features

  • Basement

Community Details

  • Pets Allowed

Listing and Financial Details

  • Assessor Parcel Number M:24 L:0128 S:802

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,419

Year Built

Built in 1905

Lot Details

0

HOA Fees

$114 per month

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Other Agent: 2.50
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 291.26
  • Comp Based On: Net Sale Price
  • Year Built: 1905
  • Lead Paint: Unknown
  • Unit Building: 2L
  • Unit Level: 2
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1905

Interior Features

  • Flooring: Wood
  • Appliances: Range, Refrigerator, Freezer
  • No Bedrooms: 1
  • Master Bedroom: On Level: First Floor, Dimension: 12X12, Closet, Flooring - Hardwood
  • Full Bathrooms: 1
  • Bathroom 1: On Level: First Floor, Dimension: 7X5, Bathroom - With Tub & Shower, Flooring - Laminate
  • No Rooms: 3
  • Kitchen: On Level: First Floor, Dimension: 9X10, Flooring - Hardwood
  • Laundry: On Level: Basement, Dryer Hookup - Electric, Washer Hookup
  • Living Room: On Level: First Floor, Dimension: 12X12, Ceiling Fan(s), Closet, Flooring - Hardwood, Window(s) - Bay/Bow/Box
  • Basement: Y
  • No Living Levels: 1
  • Main Lo: AC0684
  • Main So: AN1871
  • Estimated Sq Ft: 446.00

Exterior Features

  • Beachfront Flag: Yes
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Exterior Unit Features: Porch

Garage/Parking

  • Parking Feature: Off-Street, Assigned
  • Parking Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Cooling: Window AC
  • Heating: Electric Baseboard, Gas
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range

Condo/Co-op/Association

  • Fee Interval: Monthly
  • Amenities: Public Transportation, Shopping, Walk/Jog Trails, Golf Course, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University
  • HOA Fees: 114.00
  • Association Fee Includes: Water, Sewer, Master Insurance
  • Condo Association: Yes
  • Management: Owner Association, No Management

Lot Info

  • Assessments: 105400.00
  • Page: 377
  • Parcel Number: M:24 L:0128 S:802
  • Zoning: R2

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Taxes: 1621.00
  • Assessor Parcel Number: 4625177

Multi Family

  • No Units: 5
  • No Units Owner Occ: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2018
Closed on
Apr 24, 2018
Sold by
Vec Ft
Bought by
Korda Alejandro
Seller's Agent
Soraya Cacici
Nest Forward
Buyer's Agent
Robin Delaney
Jebb Realty, LLC
List Price
$129,900
Sold Price
$129,900
Total Days on Market
16
Current Estimated Value
$296,639

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,739
Avg. Annual Appreciation
13.08%
Original Mortgage
$77,940
Outstanding Balance
$67,910
Interest Rate
4.46%
Mortgage Type
New Conventional
Estimated Equity
$244,225

Purchase Details

Closed on
Aug 19, 2013
Sold by
Levesque Harvey C
Bought by
Vec Ft

Purchase Details

Closed on
Feb 3, 1983
Bought by
Vec Ft
Source: Public Records

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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
Korda Alejandro $129,900 --
Vec Ft -- --
Vec Ft $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Korda Alejandro $77,940
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2018 04/24/18 Sold $129,900 0.0% $291 / Sq Ft
03/15/2018 03/15/18 Pending -- -- --
02/27/2018 02/27/18 For Sale $129,900 -- $291 / 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 $2,419 $213,300 $0 $213,300
2024 $2,276 $195,900 $0 $195,900
2023 $2,113 $168,900 $0 $168,900
2022 $1,994 $150,500 $0 $150,500
2021 $1,917 $138,900 $0 $138,900
2020 $1,868 $129,300 $0 $129,300
2019 $1,821 $120,600 $0 $120,600
2018 $1,621 $105,400 $0 $105,400
2017 $1,565 $98,700 $0 $98,700
2016 $1,467 $93,600 $0 $93,600
2015 $1,452 $88,500 $0 $88,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72289994

MLS Property Information Network (MLS PIN)

APN: SALE-000024-000000-000128-000802-000802