$225,000
SOLD JUN 25, 2021

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

$403 Per Sq Ft

14% Above List Price

5 Days on Market

About This Home

As of October 2023

A great opportunity to own in historic Salem. This renovated 1 Bed, 1 Bath, open floor plan, 3rd floor, pet friendly, penthouse condo, with off street parking and close proximity to many local amenities is offered at an amazing value. This spacious condo comes with hardwood floors throughout, huge eat-in kitchen with cherry cabinets and stainless steel appliances, updated modern bath with granite countertop and tiled floor plus a shared outside deck. Renovations were done in 2017. Shared laundry and storage in the basement with deeded parking all included. This charming condo, in a great neighborhood, is centrally located and just minutes away from vibrant downtown Salem, Salem State University and the commuter rail. A must have!

Last Agent to Sell the Property

Mindy McMahon

Coldwell Banker Realty - Marblehead Listed on: 05/20/2021

Coldwell Banker Realty - Marblehead

Last Buyer's Agent

Andersen Group Realty

Keller Williams Realty Boston Northwest

Keller Williams Realty Boston Northwest

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,917

Year Built

  • Built in 1905

HOA Fees

  • $114 per month

Kitchen

  • Built-In Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Utilities

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

Additional Features

  • Basement

Community Details

Amenities

  • Laundry Facilities

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,917

Year Built

Built in 1905

Lot Details

0

HOA Fees

$114 per month

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Garden
  • Other Agent: 1.00
  • Year Built Description: Approximate, Renovated Since
  • List Price Per Sq Ft: 354.84
  • Comp Based On: Net Sale Price
  • Year Built: 1905
  • Lead Paint: Unknown
  • Unit Building: 3R
  • Unit Level: 3
  • Unit Placement: Upper
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1905

Interior Features

  • Flooring: Tile, Hardwood
  • Interior Amenities: Cable Available
  • Appliances: Range, Dishwasher, Disposal, Microwave, Countertop Range, Refrigerator, Freezer
  • No Bedrooms: 1
  • Master Bedroom: On Level: First Floor, Closet, Flooring - Hardwood, Window(s) - Bay/Bow/Box
  • Full Bathrooms: 1
  • Bathroom 1: On Level: First Floor, Bathroom - Full, Bathroom - With Shower Stall, Flooring - Stone/Ceramic Tile
  • No Rooms: 3
  • Kitchen: On Level: First Floor, Flooring - Hardwood, Window(s) - Bay/Bow/Box, Stainless Steel Appliances
  • Laundry: On Level: Basement, Exterior Access, Flooring - Concrete
  • Laundry Features: Common, In Building
  • Living Room: On Level: First Floor, Ceiling Fan(s), Flooring - Hardwood, Window(s) - Bay/Bow/Box, Exterior Access, Open Floor Plan, Lighting - Overhead
  • Basement: Y
  • No Living Levels: 3
  • Main Lo: AN6181
  • Main So: BB3298
  • Estimated Sq Ft: 558.00

Exterior Features

  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles, Rubber
  • Exterior: Vinyl
  • Insulation Feature: Unknown
  • Exterior Unit Features: Deck

Garage/Parking

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

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: 150 Amps
  • Cooling: Window AC
  • Heating: Hot Water Baseboard, Gas
  • Heat Zones: 1
  • Hot Water: Natural Gas
  • Utility Connections: for Electric Range, for Electric Oven, for Electric Dryer

Condo/Co-op/Association

  • Fee Interval: Monthly
  • Amenities: Public Transportation, Shopping, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, 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: 173200.00
  • Page: 111
  • Zoning: R2

Green Features

  • Energy Features: Insulated Windows

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Taxes: 3221.00
  • Tax Year: 2021

Multi Family

  • No Units: 5
  • No Units Owner Occ: 3

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%
Total Days on Market
5
Current Estimated Value
$281,924

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,924
Avg. Annual Appreciation
5.86%
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

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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: 72835658

MLS Property Information Network (MLS PIN)

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