$485,000
SOLD DEC 23, 2024
2 Beds
1 Bath
1,398 Sq Ft
$154/mo HOA Fee

Recently Sold

$347 Per Sq Ft

40 Days on Market

Highlights

  • Marina
  • Medical Services
  • Open Floorplan
  • Golf Course Community
  • No Units Above
  • 1-minute walk to High Street Park

About This Home

As of December 2024

Welcome to this bright and spacious top-floor 2-bedroom condo, perfectly situated between historic Chestnut St. and downtown Salem. With nearly 1400 square feet of living space, this light filled, updated unit offers plenty of space to enjoy. You’ll find original hardwood flooring throughout, ample closet space, two inviting living areas, and a large eat-in kitchen with updated cabinets and stainless steel appliances. Each generous bedroom features a walk-in closet that can double as a small office, plus an additional closet for extra storage. The in-unit laundry is conveniently located in the roomy full bathroom. Enjoy the benefits of a new gas heating system, shared outdoor space, and plenty of additional storage available in the walk-out basement. Pet-friendly, low condo fees, and plenty of on street permit parking right outside your door makes this home ideal for those seeking both comfort and convenience. This is your chance to live in the heart of Salem and all it has to offer!

Last Agent to Sell the Property

Ann Gray

Coldwell Banker Realty - Beverly Listed on: 10/09/2024

Coldwell Banker Realty - Beverly

Last Buyer's Agent

Joseph Scapicchio

Berkshire Hathaway HomeServices Warren Residential

Berkshire Hathaway HomeServices Warren Residential

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,149

Year Built

  • Built in 1914

Lot Details

  • No Units Above

HOA Fees

  • $154 Monthly HOA Fees

Interior Spaces

  • 1,398 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Light Fixtures
  • Dining Area
  • Basement
  • Exterior Basement Entry

Kitchen

  • Stove
  • Range<<rangeHoodToken>>
  • Dishwasher
  • Stainless Steel Appliances

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on third floor
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Parking

  • On-Street Parking
  • Open Parking

Outdoor Features

  • Patio
  • Porch

Location

  • Property is near public transit
  • Property is near schools

Utilities

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

Listing and Financial Details

  • Tax Lot 0577
  • Assessor Parcel Number 4840390

Community Details

Overview

  • Association fees include water, sewer, insurance, trash
  • 3 Units
  • Post Office Square Condominiums Community

Amenities

  • Medical Services
  • Common Area
  • Shops
  • Coin Laundry
  • Community Storage Space

Recreation

  • Marina
  • Golf Course Community
  • Community Pool
  • Park
  • Jogging Path

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,149

Year Built

Built in 1914

Lot Details

0

HOA Fees

$154 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: 2/3 Family
  • Year Built: 1914
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Entry Level: 3
  • Year Built Details: Actual
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Wood, Tile
  • Fireplace YN: No
  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
  • Total Bedrooms: 2
  • Room Bedroom2 Level: Third
  • Room Bedroom2 Features: Walk-In Closet(s), Closet, Flooring - Hardwood
  • Room Bedroom2 Area: 154
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Features: Walk-In Closet(s), Closet, Flooring - Hardwood
  • Room Master Bedroom Level: Third
  • Room Master Bedroom Area: 170.5
  • Master Bathroom Features: No
  • Bathroom 1 Area: 70
  • Bathroom 1 Features: Bathroom - Full, Flooring - Stone/Ceramic Tile
  • Bathroom 1 Level: Third
  • Room Dining Room Features: Flooring - Hardwood, Exterior Access, Open Floorplan
  • Room Dining Room Level: Third
  • Room Dining Room Area: 176
  • Room Family Room Level: Third
  • Room Family Room Features: Flooring - Hardwood, Open Floorplan, Lighting - Overhead
  • Room Family Room Area: 224
  • Room Kitchen Level: Third
  • Room Kitchen Features: Flooring - Hardwood, Dining Area, Stainless Steel Appliances, Gas Stove
  • Room Kitchen Area: 96
  • Laundry Features: Third Floor, In Unit
  • Room Living Room Level: Third
  • Room Living Room Area: 196
  • Room Living Room Features: Flooring - Hardwood, Open Floorplan, Lighting - Overhead
  • Basement: Y
  • Living Area: 1398
  • Spa YN: No
  • Stories Total: 1
  • MAIN LO: AN6181
  • LIST PRICE PER Sq Ft: 335.48
  • PRICE PER Sq Ft: 346.92
  • MAIN SO: AN2213
  • Insulation: Unknown

Exterior Features

  • Exterior Features: Porch, Patio
  • Common Walls: No One Above
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Patio
  • Waterfront Features: Beach Front, Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: On Street

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Cooling: Window Unit(s)
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 1

Condo/Co-op/Association

  • Association Amenities: Storage
  • Association Fee: 154
  • Association Fee Frequency: Monthly
  • Community Features: Public Transportation, Shopping, Pool, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Highway Access, House of Worship, Marina, Public School, T-Station, University
  • Senior Community YN: No
  • UNIT BUILDING: 3
  • MANAGEMENT: Owner Association
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Trash

Lot Info

  • Parcel Number: 4840390
  • Zoning: R2
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • PAGE: 327
  • OUTDOOR SPACE AVAILABLE: Yes - Common
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 5149
  • Tax Book Number: 40236
  • Tax Lot: 0577
  • Tax Map Number: 25

Multi Family

  • Number Of Units Total: 3
  • Basement Included Sq Ft: No
  • NO UNITS OWNER OCC: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2024
Closed on
Dec 23, 2024
Sold by
Vukich Eva
Bought by
Venable Kaitlyn M
Seller's Agent
Ann Gray
Coldwell Banker Realty - Beverly
Buyer's Agent
Joseph Scapicchio
Berkshire Hathaway HomeServices Warren Residential
List Price
$485,000
Sold Price
$485,000
Total Days on Market
40
Views
133
Current Estimated Value
$498,742

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,742
Avg. Annual Appreciation
1.42%
Original Mortgage
$412,250
Outstanding Balance
$411,188
Interest Rate
6.79%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$77,669

Purchase Details

Listed on
Jul 13, 2021
Closed on
Aug 31, 2021
Sold by
19-3 Gedney Street Rt and Waterman
Bought by
Vukich Eva
Seller's Agent
Julie Costa
Keller Williams Realty Evolution
Buyer's Agent
Maura Allard
Leading Edge Real Estate
List Price
$369,900
Sold Price
$390,000
Premium/Discount to List
$20,100
5.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.79%
Original Mortgage
$378,300
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 12, 2016
Sold by
Waterman Hal I
Bought by
19-3 Gedney Street Rt and Waterman

Purchase Details

Closed on
May 31, 2013
Sold by
Smith Ryan C and Zed Gillian
Bought by
Waterman Hal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,655
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 26, 2010
Sold by
Renewal Re Llc
Bought by
Smith Ryan C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,200
Interest Rate
4.99%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

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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 $485,000 None Available
Condominium Deed $485,000 None Available
Condominium Deed $390,000 None Available
Condominium Deed $390,000 None Available
Deed -- --
Deed -- --
Not Resolvable $224,900 --
Deed $219,400 --
Deed $219,400 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $412,250 Purchase Money Mortgage
Closed $412,250 Purchase Money Mortgage
Previous Owner $378,300 Purchase Money Mortgage
Previous Owner $7,705 Stand Alone Refi Refinance Of Original Loan
Previous Owner $213,655 New Conventional
Previous Owner $175,200 Adjustable Rate Mortgage/ARM
Previous Owner $21,900 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2024 12/23/24 Sold $485,000 +3.4% $347 / Sq Ft
11/18/2024 11/18/24 Pending -- -- --
11/14/2024 11/14/24 Price Changed $469,000 -3.3% $335 / Sq Ft
10/09/2024 10/09/24 For Sale $485,000 +24.4% $347 / Sq Ft
08/31/2021 08/31/21 Sold $390,000 +5.4% $279 / Sq Ft
07/20/2021 07/20/21 Pending -- -- --
07/13/2021 07/13/21 For Sale $369,900 -- $265 / 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 $5,269 $464,600 $0 $464,600
2024 $5,149 $443,100 $0 $443,100
2023 $5,044 $403,200 $0 $403,200
2022 $4,880 $368,300 $0 $368,300
2021 $4,680 $339,100 $0 $339,100
2020 $4,614 $319,300 $0 $319,300
2019 $4,370 $289,400 $0 $289,400
2018 $3,955 $256,000 $0 $256,000
2017 $3,852 $242,900 $0 $242,900
2016 $3,541 $226,000 $0 $226,000
2015 $3,441 $209,700 $0 $209,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73300428

MLS Property Information Network (MLS PIN)

APN: SALE-000025-000000-000577-000803-000803