NOT LISTED FOR SALE

184 Ocean Ave W Unit 3L Salem, MA 01970

Castle Hill Neighborhood

Estimated Value: $252,000 - $273,286

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

Last Sold April 30, 2021

Last sale price $210,000 $471 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $1,716/month

9 Days on Market

About This Home

As of April 2021

Great deal in desirable, historic Salem under $200K! Recently renovated one bedroom pet-friendly 3rd floor penthouse condo with off-street parking in a wonderful location with close proximity to many local amenities. With a super low condo fee of only $114/month, this is an excellent opportunity and a great value for a first time home buyer or an investor. Features include: recently renovated bathroom with pretty mosaic tiles, hardwood flooring throughout most rooms, a well utilized kitchen with plenty of cabinet storage, stainless appliances, granite counters, new electrical panel (replaced 2021), and a shared outdoor deck. Shared laundry and storage in the basement. This charming condo is just minutes away from Salem’s vibrant and fast growing downtown, NSMC, Salem State University, and the Commuter Rail. Currently occupied by a tenant at will paying $1,450/month and will be delivered vacant. **Showings on Saturday, March 13th, 2021 by appointment!**

Last Agent to Sell the Property

Pavel Khaykin

Pasha Realty Group Listed on: 03/07/2021

Last Buyer's Agent

Mindy McMahon

Coldwell Banker Realty - Marblehead

Coldwell Banker Realty - Marblehead

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,679

Year Built

  • Built in 1905

HOA Fees

  • $114 per month

Kitchen

  • Range
  • Microwave
  • Freezer
  • Disposal

Flooring

  • Wood
  • Tile

Utilities

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

Additional Features

  • Basement

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,679

Year Built

Built in 1905

Lot Details

0

HOA Fees

$114 per month

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Low-Rise
  • Other Agent: 2.00
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 425.78
  • Comp Based On: Net Sale Price
  • Year Built: 1905
  • Lead Paint: Unknown
  • Unit Building: 3L
  • Unit Level: 3
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1905

Interior Features

  • Flooring: Tile, Hardwood
  • Appliances: Range, Disposal, Microwave, Refrigerator, Freezer
  • No Bedrooms: 1
  • Master Bedroom: On Level: First Floor, Dimension: 12X10, Closet, Flooring - Hardwood
  • Full Bathrooms: 1
  • Bathroom 1: On Level: First Floor, Dimension: 7X5, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile, Pedestal Sink
  • No Rooms: 3
  • Kitchen: On Level: First Floor, Dimension: 9X10, Flooring - Wood, Countertops - Stone/Granite/Solid, Stainless Steel Appliances
  • Laundry: On Level: Basement
  • Living Room: On Level: First Floor, Dimension: 12X12, Ceiling Fan(s), Flooring - Hardwood, Window(s) - Bay/Bow/Box
  • Basement: Y
  • No Living Levels: 1
  • Main Lo: AN4436
  • Main So: AN6181
  • Estimated Sq Ft: 446.00

Exterior Features

  • Roof Material: Asphalt/Fiberglass Shingles

Garage/Parking

  • Parking Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Cooling: Window AC
  • Heating: Hot Water Baseboard, Gas
  • Heat Zones: 1
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Fee Interval: Monthly
  • Amenities: Public Transportation, Shopping, Walk/Jog Trails, 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, Extra Storage
  • Condo Association: Yes

Lot Info

  • Assessments: 135900.00
  • Page: 337
  • Zoning: RES

Tax Info

  • Taxes: 1875.42
  • Assessor Parcel Number: 4625177
  • Tax Year: 2021

Multi Family

  • No Units: 5
  • No Units Owner Occ: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2021
Closed on
Apr 30, 2021
Sold by
Khaykin Pavel S and Khaykin Yuli
Bought by
Rash Thomas D
Seller's Agent
Pavel Khaykin
Pasha Realty Group
Buyer's Agent
Mindy McMahon
Coldwell Banker Realty - Marblehead
List Price
$189,900
Sold Price
$210,000
Premium/Discount to List
$20,100
10.58%
Total Days on Market
9
Current Estimated Value
$259,822

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,822
Avg. Annual Appreciation
5.32%
Original Mortgage
$203,700
Outstanding Balance
$186,290
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$73,532

Purchase Details

Listed on
Jun 14, 2018
Closed on
May 23, 2018
Sold by
Vfc Ft
Bought by
Khaykin Pavel S and Khaykin Yuli
Seller's Agent
Pavel Khaykin
Pasha Realty Group
Buyer's Agent
Pavel Khaykin
Pasha Realty Group
Sold Price
$1,450

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.22%
Original Mortgage
$94,500
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 2016
Sold by
Vec Ft
Bought by
Stegner Theresa

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
Stegner Theresa
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
Rash Thomas D $210,000 None Available
Khaykin Pavel S $135,000 --
Stegner Theresa -- --
Stegner Theresa -- --
Vec Ft -- --
Stegner Theresa $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rash Thomas D $203,700
Previous Owner Khaykin Pavel S $94,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2021 04/30/21 Sold $210,000 +10.6% $471 / Sq Ft
03/16/2021 03/16/21 Pending -- -- --
03/07/2021 03/07/21 For Sale $189,900 0.0% $426 / Sq Ft
06/30/2018 06/30/18 Rented $1,450 0.0% --
06/25/2018 06/25/18 Under Contract -- -- --
06/14/2018 06/14/18 For Rent $1,450 0.0% --
05/23/2018 05/23/18 Sold $135,000 +3.9% $303 / Sq Ft
03/15/2018 03/15/18 Pending -- -- --
03/06/2018 03/06/18 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 $2,679 $236,200 $0 $236,200
2024 $2,526 $217,400 $0 $217,400
2023 $2,396 $191,500 $0 $191,500
2022 $2,096 $158,200 $0 $158,200
2021 $1,875 $135,900 $0 $135,900
2020 $1,826 $126,400 $0 $126,400
2019 $1,777 $117,700 $0 $117,700
2018 $1,591 $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

  • Pavel Khaykin

    Seller's Agent in 2021

    Pavel Khaykin

    Pasha Realty Group

    (781) 309-7930

    1 in this area

    21 Total Sales

    Pavel Khaykin
    Section Image
  • Mindy McMahon

    Buyer's Agent in 2021

    Mindy McMahon

    Coldwell Banker Realty - Marblehead

    (617) 834-4439

    2 in this area

    34 Total Sales

    Mindy McMahon
    Section Image
  • Soraya Cacici

    Seller's Agent in 2018

    Soraya Cacici

    Nest Forward

    (781) 572-8725

    38 Total Sales

    Soraya Cacici
    Section Image

  • B

    Seller Co-Listing Agent in 2018

    Betsy Williams

    Century 21 North East

    (800) 844-7653

    16 Total Sales

    Betsy Williams
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72794469

MLS Property Information Network (MLS PIN)

APN: SALE-000024-000000-000128-000804-000804

Massachusetts Essex County Salem 01970 Castle Hill

184 Ocean Ave W Unit 3L, Salem, MA

This home is located at 184 Ocean Ave W Unit 3L, Salem, MA 01970 since 07 March 2021 and is currently estimated at $259,822, approximately $582 per square foot. This property was built in 1905. 184 Ocean Ave W Unit 3L is a home located in Essex County with nearby schools including Horace Mann Laboratory, Saltonstall School, and Carlton Elementary School.

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MLS Property Information Network (MLS PIN) 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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