NOT LISTED FOR SALE

Estimated Value: $357,000 - $413,000

1 Bed
1 Bath
688 Sq Ft
$286/mo HOA Fee

Last Sold August 02, 2024

Last sale price $370,000 $538 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,605/month

3 Days on Market

Highlights

  • Medical Services
  • Elevator
  • 1 Car Attached Garage
  • Property is near public transit
  • Balcony
  • 4-minute walk to Piperpont Park

About This Home

As of August 2024

Location, location, location! In the center of downtown Salem close to train & Derby Wharf. 2nd floor, 1 bedroom, 1 bath with shower. Updated kitchen with quartz counters. Open floor plan Dining room to Living room with access to your private covered balcony overlooking the inner brick courtyard. Central A/C, one car garage, elevator access, additional storage space and laundry facilities in the basement. Appreciate immediate access to the commuter rail, Pickering Wharf, Pedestrian Mall, the Peabody-Essex Museum, outstanding restaurants, shopping boutiques, entertainment, and Salem's rich history. Hot water tank, microwave oven, refrigerator replaced in 20222. Buyers and Buyer Agents responsible for all due diligence.

Last Agent to Sell the Property

Mari Alix

Tache Real Estate, Inc. Listed on: 06/17/2024

Last Buyer's Agent

Mari Alix

Tache Real Estate, Inc. Listed on: 06/17/2024

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,809

Year Built

  • Built in 1980

HOA Fees

  • $286 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Tuck Under Parking
  • Garage Door Opener
  • Deeded Parking
  • Assigned Parking

Home Design

  • Entry on the 2nd floor
  • Brick Exterior Construction
  • Rubber Roof
  • Stone

Interior Spaces

  • 688 Sq Ft Home
  • 1-Story Property
  • Insulated Windows
  • Insulated Doors
  • Intercom
  • Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Balcony
  • Courtyard

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Forced Air Heating and Cooling System
  • 150 Amp Service

Listing and Financial Details

  • Assessor Parcel Number 2136595

Community Details

Overview

  • Association fees include water, sewer, insurance, maintenance structure, ground maintenance, snow removal, trash
  • 50 Units
  • Mid-Rise Condominium

Amenities

  • Medical Services
  • Common Area
  • Shops
  • Laundry Facilities
  • Elevator
  • Community Storage Space

Recreation

  • Park

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,809

Year Built

Built in 1980

Lot Details

0

HOA Fees

$286 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Mid-Rise
  • Year Built: 1980
  • Entry Level: 2
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Tile, Laminate
  • Interior Amenities: Elevator
  • Door Features: Insulated Doors
  • Fireplace YN: No
  • Appliances: Range, Dishwasher, Microwave, Refrigerator
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Laundry Features: Common Area, In Building
  • Basement: Y
  • Living Area: 688
  • Other Equipment: Intercom
  • Spa YN: No
  • Stories Total: 1
  • Window Features: Insulated Windows
  • MAIN LO: C86500
  • MAIN SO: C86500
  • Insulation: Full

Exterior Features

  • Exterior Features: Courtyard, Balcony
  • Construction Materials: Brick, Stone
  • Home Warranty YN: No
  • Roof: Rubber
  • Waterfront Features: Beach Front, Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage YN: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Parking Features: Under, Garage Door Opener, Deeded, Assigned

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air, Electric
  • Cooling Y N: Yes
  • Electric: Circuit Breakers, 150 Amp Service
  • Heating YN: Yes
  • Security Features: Intercom
  • Water Source: Public
  • SEWAGE DISTRICT: Salem

Condo/Co-op/Association

  • Association Amenities: Laundry, Elevator(s), Storage
  • Association Fee: 286
  • Association Fee Frequency: Monthly
  • Community Features: Public Transportation, Shopping, Park, Medical Facility, T-Station, University
  • Senior Community YN: No
  • MANAGEMENT: Professional - Off Site
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash

Lot Info

  • Parcel Number: 2136595
  • Zoning: rmixed
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Property Attached YN: Yes
  • OUTDOOR SPACE AVAILABLE: Yes - Common
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: No

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 3809

Multi Family

  • Number Of Units Total: 50
  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2024
Closed on
Aug 9, 2024
Sold by
Niro Raymond C and Post Scott L
Bought by
Niro Raymond C and Post Scott L
Seller's Agent
Mari Alix
Tache Real Estate, Inc.
Buyer's Agent
Mari Alix
Tache Real Estate, Inc.
List Price
$360,000
Sold Price
$370,000
Premium/Discount to List
$10,000
2.78%
Views
22
Current Estimated Value
$383,735

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,735
Avg. Annual Appreciation
2.76%

Purchase Details

Listed on
Mar 24, 2022
Closed on
May 16, 2022
Sold by
Brodsky Serge
Bought by
Rodriguez Angel W and Ruiz-Rios Carmen J
Seller's Agent
Michael Romanovsky
MGR Global Realty, Inc.
Buyer's Agent
Mari Alix
Tache Real Estate, Inc.
List Price
$329,900
Sold Price
$328,000
Premium/Discount to List
-$1,900
-0.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.60%
Original Mortgage
$246,000
Interest Rate
4.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 13, 2007
Sold by
207 20 Central Plaza S and Kelly John D
Bought by
Brodsky Serge

Purchase Details

Closed on
Nov 2, 1998
Sold by
Gadala Lorraine J
Bought by
Unit 207 Central Plaza and Kelly Sara A

Purchase Details

Closed on
Jan 29, 1988
Sold by
Liftman Andrea C
Bought by
Gadala Lorraine J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,500
Interest Rate
10.65%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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 Buyer Sale Price Title Company
Niro Raymond C -- None Available
Niro Raymond C -- None Available
Rodriguez Angel W $328,000 None Available
Brodsky Serge $170,000 --
Brodsky Serge $170,000 --
Unit 207 Central Plaza $75,000 --
Unit 207 Central Plaza $75,000 --
Gadala Lorraine J $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rodriguez Angel W $246,000
Previous Owner Gadala Lorraine J $100,000
Previous Owner Gadala Lorraine J $74,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/02/2024 08/02/24 Sold $370,000 +2.8% $538 / Sq Ft
06/21/2024 06/21/24 Pending -- -- --
06/17/2024 06/17/24 For Sale $360,000 0.0% $523 / Sq Ft
07/17/2022 07/17/22 Rented $2,400 0.0% --
06/14/2022 06/14/22 For Rent $2,400 0.0% --
05/17/2022 05/17/22 Sold $328,000 -0.6% $477 / Sq Ft View Prior Sale
03/29/2022 03/29/22 Pending -- -- --
03/24/2022 03/24/22 For Sale $329,900 -- $480 / 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 $3,582 $315,900 $0 $315,900
2024 $3,809 $327,800 $0 $327,800
2023 $3,588 $286,800 $0 $286,800
2022 $3,343 $252,300 $0 $252,300
2021 $3,279 $237,600 $0 $237,600
2020 $3,266 $226,000 $0 $226,000
2019 $3,201 $212,000 $0 $212,000
2018 $2,910 $189,200 $0 $189,200
2017 $2,764 $174,300 $0 $174,300
2016 $2,573 $164,200 $0 $164,200
2015 $2,681 $163,400 $0 $163,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73253383

MLS Property Information Network (MLS PIN)

APN: SALE-000035-000000-000248-000823-000823