$272,500
SOLD OCT 12, 2023

184 Ocean Ave W Unit 3R Salem, MA 01970

Castle Hill Neighborhood
1 Bed
1 Bath
558 Sq Ft
$114/mo HOA Fee

Recently Sold

$488 Per Sq Ft

7% Above List Price

1 Day on Market

Highlights

  • Marina
  • Medical Services
  • Property is near public transit
  • Golf Course Community
  • No Units Above
  • Wood Flooring

About This Home

As of October 2023

OPEN HOUSE CANCELLED!! Don't miss out on this fantastic opportunity to own a piece of Salem! This penthouse condo boasts natural light, tall ceilings, one large bedroom, one bathroom, and a spacious open floor plan. Accompanied by off-street parking, laundry in basement, front and rear deck and is conveniently located near a plethora of local amenities. Gleaming hardwood floors throughout, a generously sized eat-in kitchen with cherry cabinets and stainless steel appliances, and a well kept bathroom complete with a granite countertop and tiled floor finishes this beautiful unit.With major renovations in 2017, ensuring that this condo is in top-notch condition. Nestled in a charming neighborhood, this condo is centrally situated and just a stone's throw away from the vibrant downtown Salem area, Salem State University, and the commuter rail station. This is a must-have property!

Last Agent to Sell the Property

The Denman Group

Compass Listed on: 09/11/2023

Compass

Co-Listed By

Mona Chen

Compass

Last Buyer's Agent

Robert Cassano

Unity Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,654

Year Built

  • Built in 1905

Lot Details

  • Near Conservation Area
  • No Units Above

HOA Fees

  • $114 Monthly HOA Fees

Home Design

  • Rubber Roof

Interior Spaces

  • 558 Sq Ft Home
  • 1-Story Property
  • Insulated Windows
  • Basement
  • Laundry in Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Primary bedroom located on third floor
  • 1 Full Bathroom

Parking

  • 1 Car Parking Space
  • Paved Parking
  • Open Parking

Outdoor Features

  • Covered Deck
  • Enclosed Patio or Porch

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Window Unit Cooling System
  • 1 Heating Zone
  • Heating System Uses Natural Gas
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 4593378

Community Details

Overview

  • Association fees include water, sewer, insurance
  • 5 Units
  • 184 Ocean Avenue West Condominium Trust Community

Amenities

  • Medical Services
  • Common Area
  • Shops
  • Coin Laundry

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Community Pool
  • Park
  • Jogging Path
  • Bike Trail

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,654

Year Built

Built in 1905

Lot Details

0

HOA Fees

$114 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: 2/3 Family
  • Year Built: 1905
  • Buyer Agency: 2.5%
  • Buyer Agency Type: %
  • Entry Level: 3
  • Transaction Broker: 2.5%
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile, Hardwood
  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Microwave,Refrigerator, Utility Connections for Electric Range
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Level: Third
  • Bathroom 1 Level: Third
  • Room Kitchen Level: Third
  • Laundry Features: In Basement, Common Area, In Building
  • Room Living Room Level: Third
  • Basement: Y
  • Living Area: 558
  • Spa YN: No
  • Stories Total: 1
  • Window Features: Insulated Windows
  • MAIN LO: AN2383
  • LIST PRICE PER Sq Ft: 456.99
  • PRICE PER Sq Ft: 488.35
  • MAIN SO: AN3057

Exterior Features

  • Exterior Features: Porch - Enclosed, Covered Patio/Deck
  • Common Walls: No One Above
  • Home Warranty YN: No
  • Patio And Porch Features: Enclosed, Covered
  • Roof: Rubber
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range
  • Cooling: Window Unit(s)
  • Heating: Baseboard, Natural Gas
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 1
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Association Fee: 114
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University, Other
  • Senior Community YN: No
  • UNIT BUILDING: 3R
  • MANAGEMENT: Owner Association
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance

Lot Info

  • Parcel Number: 4593378
  • Zoning: RES
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • PAGE: 29
  • OUTDOOR SPACE AVAILABLE: Yes - Common
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2653.5
  • Tax Book Number: 40104

Multi Family

  • Number Of Units Total: 5
  • Basement Included Sq Ft: No
  • NO UNITS OWNER OCC: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2021
Closed on
Jul 21, 2021
Sold by
Dominguez Alejandro P
Bought by
184 Ocean Ave W 3R Rt and Dominguez
Seller's Agent
Mindy McMahon
Coldwell Banker Realty - Marblehead
Buyer's Agent
Andersen Group Realty
Keller Williams Realty Boston Northwest
List Price
$198,000
Sold Price
$225,000
Premium/Discount to List
$27,000
13.64%
Current Estimated Value
$301,740

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,740
Avg. Annual Appreciation
8.11%
Original Mortgage
$157,500
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 29, 2010
Sold by
Atkins Rhett
Bought by
Fournier Christine J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,600
Interest Rate
4.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 15, 2006
Sold by
Levesque Henry C
Bought by
Atkins Rhett
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 Type Sale Price Title Company
Condominium Deed -- None Available
Deed $119,500 --
Deed $111,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $250,700 Purchase Money Mortgage
Closed $48,847 Stand Alone Refi Refinance Of Original Loan
Closed $157,500 Purchase Money Mortgage
Previous Owner $155,200 New Conventional
Previous Owner $95,600 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2023 10/12/23 Sold $272,500 +6.9% $488 / Sq Ft
09/13/2023 09/13/23 Pending -- -- --
09/11/2023 09/11/23 For Sale $255,000 +13.3% $457 / Sq Ft
06/25/2021 06/25/21 Sold $225,000 +13.6% $403 / Sq Ft
05/25/2021 05/25/21 Pending -- -- --
05/20/2021 05/20/21 For Sale $198,000 +23.8% $355 / Sq Ft
05/30/2017 05/30/17 Sold $160,000 +14.4% $287 / Sq Ft
04/20/2017 04/20/17 Pending -- -- --
04/10/2017 04/10/17 For Sale $139,900 -- $251 / 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 $2,917 $257,200 $0 $257,200
2024 $2,754 $237,000 $0 $237,000
2023 $2,640 $211,000 $0 $211,000
2022 $2,487 $187,700 $0 $187,700
2021 $2,390 $173,200 $0 $173,200
2020 $2,326 $161,000 $0 $161,000
2019 $2,263 $149,900 $0 $149,900
2018 $2,077 $137,500 $0 $137,500
2017 $2,040 $128,600 $0 $128,600
2016 $1,912 $122,000 $0 $122,000
2015 $1,892 $115,300 $0 $115,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73157832

MLS Property Information Network (MLS PIN)

APN: SALE-000024-000000-000128-000805-000805