$175,000
SOLD MAY 31, 2017

2 Salem Place Unit 2 Amherst, MA 01002

Amherst Neighborhood
2 Beds
3 Baths
1,344 Sq Ft
4,356 Sq Ft Lot

Recently Sold

$130 Per Sq Ft

7% Below List Price

12 Days on Market

About This Home

As of August 2023

Great Amherst Owner or Investor Opportunity!! Highly desirable Salem Place condo with consistent rent. This appealing condo development is located right next to a bus stop for easy access to public transit. Very low HOA fees for Amherst that cover all water, sewer, landscaping, trash removal and more. Simple turn key opportunity to generate a solid return on your investment. Large bedrooms each with their own full bathroom create opportunity for multi person living and increased rent. Full basement with laundry for extra storage and convenience for tenants. Great deck area for grilling and entertaining. A must see for any investor. 1 Year Home Warranty included if purchased at full list price.

Last Agent to Sell the Property

Brian Megliola

Coldwell Banker Community REALTORS® Listed on: 03/04/2017

Coldwell Banker Community REALTORS®

Last Buyer's Agent

Robert Cutting

William Raveis R.E. & Home Services

William Raveis R.E. & Home Services

Property Details

Home Type

Condominium

Est. Annual Taxes

$51

Year Built

1988

Lot Details

0

Listing Details

  • Unit Level: 1
  • Unit Placement: Middle, Ground, Walkout
  • Property Type: Condominium/Co-Op
  • Other Agent: 2.00
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1988

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
  • Has Basement: Yes
  • Number of Rooms: 5
  • Amenities: Public Transportation, Shopping, Walk/Jog Trails, Golf Course, Bike Path, House of Worship, Private School, Public School, University
  • Electric: 220 Volts, Circuit Breakers, 150 Amps
  • Flooring: Tile, Wall to Wall Carpet, Stone / Slate
  • Insulation: Full
  • Interior Amenities: Cable Available
  • Bedroom 2: Second Floor
  • Bedroom 3: Second Floor
  • Bathroom #1: First Floor
  • Bathroom #2: Second Floor
  • Bathroom #3: Second Floor
  • Kitchen: First Floor
  • Laundry Room: Basement
  • Living Room: First Floor
  • Dining Room: First Floor
  • No Living Levels: 2

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Vinyl
  • Exterior Unit Features: Deck - Wood

Garage/Parking

  • Parking: Deeded
  • Parking Spaces: 2

Utilities

  • Cooling: Window AC
  • Heating: Electric Baseboard
  • Hot Water: Electric
  • Utility Connections: for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Condominium Name: Salem Place
  • Association Fee Includes: Water, Sewer, Master Insurance, Exterior Maintenance, Road Maintenance, Landscaping, Snow Removal, Refuse Removal
  • Management: Professional - Off Site
  • Pets Allowed: Yes
  • No Units: 62
  • Unit Building: 2

Fee Information

  • Fee Interval: Monthly

Schools

  • Middle School: Arms
  • High School: Arhs

Lot Info

  • Zoning: Res

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2023
Closed on
Aug 30, 2023
Sold by
Sisounthone Southat
Bought by
Ma Bing and Zhang Meiyue
Seller's Agent
Mai Nguyen
Century 21 Professionals
Buyer's Agent
Iris Tang
Coldwell Banker Community REALTORS®
List Price
$299,000
Sold Price
$340,000
Premium/Discount to List
$41,000
13.71%
Views
40
Current Estimated Value
$324,878

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,122
Avg. Annual Appreciation
-3.38%
Original Mortgage
$190,000
Outstanding Balance
$185,193
Interest Rate
4.63%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$131,314

Purchase Details

Closed on
Jun 21, 2005
Sold by
Mallette Judith B and Mallette Sayda
Bought by
Dostal Todd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,200
Interest Rate
5.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 13, 2004
Sold by
Mallette Judith B and Mallette Stephen J
Bought by
Mallette Judith B and Mallette Sayda

Purchase Details

Closed on
Aug 17, 2001
Sold by
Gulyas-Moran Lisza and Gulyas-Moran Jennifer D
Bought by
Mallette Judith B and Mallette Stephen J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,600
Interest Rate
7.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 16, 2000
Sold by
Summerlin Laird B
Bought by
Gulyas-Moran Lisza and Moran Peter J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
8.24%
Mortgage Type
Purchase Money Mortgage
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 $340,000 None Available
Deed $169,000 --
Deed -- --
Deed $114,000 --
Deed $107,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $190,000 Purchase Money Mortgage
Previous Owner $165,300 No Value Available
Previous Owner $135,200 Purchase Money Mortgage
Previous Owner $33,800 No Value Available
Previous Owner $102,600 Purchase Money Mortgage
Previous Owner $65,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2023 08/30/23 Sold $340,000 +13.7% $253 / Sq Ft
06/20/2023 06/20/23 Pending -- -- --
06/16/2023 06/16/23 For Sale $299,000 +12.8% $222 / Sq Ft
06/30/2022 06/30/22 Sold $265,000 +15.3% $197 / Sq Ft
04/27/2022 04/27/22 Pending -- -- --
04/19/2022 04/19/22 For Sale $229,900 +31.4% $171 / Sq Ft
05/31/2017 05/31/17 Sold $175,000 -7.4% $130 / Sq Ft
03/16/2017 03/16/17 Pending -- -- --
03/04/2017 03/04/17 For Sale $189,000 -- $141 / 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 $51 $284,900 $0 $284,900
2024 $4,398 $237,600 $0 $237,600
2023 $3,706 $184,400 $0 $184,400
2022 $4,058 $190,800 $0 $190,800
2021 $3,877 $177,700 $0 $177,700
2020 $3,789 $177,700 $0 $177,700
2019 $3,623 $166,200 $0 $166,200
2018 $3,513 $166,200 $0 $166,200
2017 $3,600 $164,900 $0 $164,900
2016 $3,499 $164,900 $0 $164,900
2015 $3,387 $164,900 $0 $164,900
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2023

    Mai Nguyen

    Century 21 Professionals

    (857) 998-7981

    1 in this area

    4 Total Sales

    Mai Nguyen
    Section Image
  • Iris Tang

    Buyer's Agent in 2023

    Iris Tang

    Coldwell Banker Community REALTORS®

    (413) 230-1285

    4 in this area

    13 Total Sales

    Iris Tang
    Section Image
  • Sally Malsch

    Seller's Agent in 2022

    Sally Malsch

    5 College REALTORS®

    (866) 804-2550

    93 in this area

    147 Total Sales

    Sally Malsch
    Section Image
  • Sarah Shipman

    Buyer's Agent in 2022

    Sarah Shipman

    5 College REALTORS® Northampton

    (413) 320-2019

    12 in this area

    111 Total Sales

    Sarah Shipman
    Section Image

  • B

    Seller's Agent in 2017

    Brian Megliola

    Coldwell Banker Community REALTORS®

    Section Image
  • Robert Cutting

    Buyer's Agent in 2017

    Robert Cutting

    William Raveis R.E. & Home Services

    (413) 695-4626

    4 in this area

    10 Total Sales

    Robert Cutting
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72126515

MLS Property Information Network (MLS PIN)

APN: AMHE-000014B-000002-000237

Massachusetts Hampshire County Amherst 01002 Amherst

2 Salem Place Unit 2, Amherst, MA

This home is located at 2 Salem Place Unit 2, Amherst, MA 01002 and is currently priced at $175,000, approximately $130 per square foot. This property was built in 1988. 2 Salem Place Unit 2 is a home located in Hampshire County with nearby schools including Fort River Elementary School, Amherst Regional Middle School, and Amherst Regional High School.

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.

MLS Property Information Network (MLS PIN) 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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