Seller's Agent in 2021
Pavel Khaykin
Pasha Realty Group
(781) 309-7930
1 in this area
21 Total Sales
184 Ocean Ave W Unit 3L Salem, MA 01970
Castle Hill Neighborhood
1
Bed
1
Bath
446
Sq Ft
$114/mo
HOA Fee
About This Home
As of April 2021Great 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!**
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
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,044
Avg. Annual Appreciation
8.73%
Original Mortgage
$203,700
Outstanding Balance
$184,711
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$119,333
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
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Condominium Deed | $210,000 | None Available | |
| Deed | $135,000 | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | $90,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $203,700 | Purchase Money Mortgage | |
| Previous Owner | $94,500 | New Conventional |
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
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
-
Mindy McMahon
Buyer's Agent in 2021
Mindy McMahon
Coldwell Banker Realty - Marblehead
(617) 834-4439
2 in this area
35 Total Sales
-
S
Seller's Agent in 2018
Soraya Cacici
Nest Forward
-
Betsy Williams
B
Seller Co-Listing Agent in 2018
Betsy Williams
Century 21 North East
(800) 844-7653
16 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72794469
APN: SALE-000024-000000-000128-000804-000804
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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