M
Seller's Agent in 2012
Mindy Reichman
Coldwell Banker Realty - Marblehead
(978) 745-2004
1 in this area
21 Total Sales
187 Federal St Unit 187 Salem, MA 01970
Downtown Salem NeighborhoodEstimated Value: $414,000 - $501,000
2
Beds
2
Baths
1,160
Sq Ft
6,229
Sq Ft Lot
About This Home
As of April 2012. Purchase this property for as little as 3% down. Sellers First Look expires 3/2/2012 . Property is approved for HomePath Mortgage and HomePath Renovation Mortgage Financing. See firm remarks for details. Seller has directed that all offers on this listing be made using their Online Offer System, Download the Attached Instructions for Submitting Your Offer with HomePath Online Offers.Needs work but will be worth the effort!
Last Agent to Sell the Property
Coldwell Banker Realty - Marblehead Listed on: 02/16/2012
Last Buyer's Agent
Susan Keenan
RE/MAX 360 License #454000607
Property Details
Home Type
Condominium
Est. Annual Taxes
$3,989
Year Built
1958
Lot Details
0
Listing Details
- Unit Level: 1
- Unit Placement: End
- Special Features: 20
- Property Sub Type: Condos
- Year Built: 1958
Interior Features
- Has Basement: Yes
- Primary Bathroom: No
- Number of Rooms: 5
- Amenities: Public Transportation, Shopping
- Electric: Circuit Breakers
- Flooring: Wood
- Bedroom 2: First Floor
- Bathroom #1: First Floor
- Bathroom #2: Basement
- Kitchen: First Floor
- Living Room: First Floor
- Master Bedroom: First Floor
Exterior Features
- Construction: Frame
- Exterior: Wood
Garage/Parking
- Parking: Off-Street
- Parking Spaces: 2
Utilities
- Cooling Zones: 1
- Heat Zones: 1
- Hot Water: Natural Gas
Condo/Co-op/Association
- Association Fee Includes: Master Insurance, Exterior Maintenance
- No Units: 2
- Unit Building: 187
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 30, 2014
Sold by
Edwards Kristen
Bought by
Lind Mark
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,600
Outstanding Balance
$137,921
Interest Rate
4.47%
Mortgage Type
New Conventional
Estimated Equity
$310,007
Purchase Details
Listed on
Feb 16, 2012
Closed on
Apr 25, 2012
Sold by
Fnma
Bought by
Edwards Kristen
Seller's Agent
Mindy Reichman
Coldwell Banker Realty - Marblehead
Buyer's Agent
Susan Keenan
RE/MAX 360
List Price
$179,900
Sold Price
$176,100
Premium/Discount to List
-$3,800
-2.11%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.09%
Original Mortgage
$170,817
Interest Rate
3.91%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 10, 2011
Sold by
Spencer Michael
Bought by
Federal National Mortgage Association
Purchase Details
Closed on
Jan 27, 2006
Sold by
Reekie George
Bought by
Spencer Michael
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,000
Interest Rate
6.34%
Mortgage Type
Purchase Money Mortgage
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lind Mark | $227,000 | -- | |
| Edwards Kristen | $176,100 | -- | |
| Federal National Mortgage Association | $238,846 | -- | |
| Spencer Michael | $273,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Spencer Michael | $181,600 | |
| Previous Owner | Spencer Michael | $172,800 | |
| Previous Owner | Spencer Michael | $170,817 | |
| Previous Owner | Spencer Michael | $273,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/25/2012 04/25/12 | Sold | $176,100 | -2.1% | $152 / Sq Ft |
| 03/31/2012 03/31/12 | Pending | -- | -- | -- |
| 02/16/2012 02/16/12 | For Sale | $179,900 | -- | $155 / 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 | $3,989 | $351,800 | $0 | $351,800 |
| 2024 | $3,880 | $333,900 | $0 | $333,900 |
| 2023 | $3,695 | $295,400 | $0 | $295,400 |
| 2022 | $3,585 | $270,600 | $0 | $270,600 |
| 2021 | $3,527 | $255,600 | $0 | $255,600 |
| 2020 | $3,484 | $241,100 | $0 | $241,100 |
| 2019 | $3,387 | $224,300 | $0 | $224,300 |
| 2018 | $3,148 | $204,700 | $0 | $204,700 |
| 2017 | $3,088 | $194,700 | $0 | $194,700 |
| 2016 | $2,922 | $186,500 | $0 | $186,500 |
| 2015 | $2,924 | $178,200 | $0 | $178,200 |
Source: Public Records
Agents Affiliated with this Home
-
Mindy Reichman
-
S
Buyer's Agent in 2012
Susan Keenan
RE/MAX
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 71339331
APN: SALE-000025-000000-000124-000802-000802
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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