NOT LISTED FOR SALE

Estimated Value: $357,000 - $437,000

1 Bed
1 Bath
688 Sq Ft
1980 Built

Last Sold April 09, 2018

Last sale price $230,000 $334 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $2,382/month

1 Day on Market

Highlights

  • Intercom
  • Forced Air Heating and Cooling System
  • 4-minute walk to Piperpont Park
  • Tile Flooring
  • ENERGY STAR Qualified Dryer

About This Home

As of April 2018

Desirable Central Plaza is in the heart of everything you need in downtown Salem. Move right into this freshly painted, one bedroom, one bath condo with preferred corner location and private balcony. Enjoy the generous open living-dining area and the well-planned kitchen with all brand new stainless steel appliances. Newly-installed designer carpeting. 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. Elevator building, laundry facilities, extra storage, professionally managed complex. No pets.

Last Agent to Sell the Property

Janice Kostopoulos

Coldwell Banker Realty - Marblehead Listed on: 02/22/2018

Coldwell Banker Realty - Marblehead

Last Buyer's Agent

Tom Courtney

Coldwell Banker Realty - Lynnfield

Coldwell Banker Realty - Lynnfield

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,582

Year Built

  • Built in 1980

Kitchen

  • ENERGY STAR Qualified Refrigerator
  • ENERGY STAR Qualified Dishwasher
  • ENERGY STAR Range

Flooring

  • Wall to Wall Carpet
  • Tile
  • Vinyl

Laundry

  • ENERGY STAR Qualified Dryer

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,582

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Garden
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 348.69
  • Comp Based On: Net Sale Price
  • Year Built: 1980
  • Unit Building: 213
  • Unit Level: 2
  • Unit Placement: Corner, Front
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1980

Interior Features

  • Flooring: Tile, Vinyl, Wall to Wall Carpet
  • Interior Amenities: Intercom
  • Appliances: Refrigerator - ENERGY STAR, Dryer - ENERGY STAR, Dishwasher - ENERGY STAR, Range - ENERGY STAR
  • No Bedrooms: 1
  • Master Bedroom: On Level: Second Floor, Flooring - Wall to Wall Carpet
  • Full Bathrooms: 1
  • Bathroom 1: On Level: Second Floor, Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile
  • No Rooms: 3
  • Dining Room: On Level: Second Floor, Closet, Flooring - Wall to Wall Carpet
  • Kitchen: On Level: Second Floor, Stainless Steel Appliances
  • Living Room: On Level: Second Floor, Flooring - Wall to Wall Carpet, Balcony - Exterior, Slider
  • No Living Levels: 1
  • Main Lo: K95001
  • Main So: K95001
  • Estimated Sq Ft: 688.00

Exterior Features

  • Beachfront Flag: Yes
  • Beach Miles To: 1 to 2 Mile
  • Construction: Brick
  • Exterior: Brick
  • Insulation Feature: Full
  • Exterior Unit Features: Balcony

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Cooling: Central Air
  • Heating: Forced Air, Electric
  • Hot Water: Electric

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Park, Medical Facility, T-Station
  • HOA Fees: 243.00
  • Association Fee Includes: Water, Sewer, Master Insurance, Laundry Facilities, Elevator, Exterior Maintenance, Extra Storage
  • Condo Association: Yes
  • Association Security: Intercom
  • Management: Professional - Off Site

Association/Amenities

  • Condominium Name: Central Plaza Condominium

Lot Info

  • Assessments: 189200.00
  • Page: 410
  • Zoning: Res

Green Features

  • Energy Features: Insulated Windows

Tax Info

  • Taxes: 2920.66
  • Assessor Parcel Number: 2136598

Multi Family

  • No Units: 50

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2018
Closed on
Apr 9, 2018
Sold by
Fisher Patricia A and Fleske Jennifer
Bought by
Brogan Ann M and Brogan Ronald F
Seller's Agent
Janice Kostopoulos
Coldwell Banker Realty - Marblehead
Buyer's Agent
Tom Courtney
Coldwell Banker Realty - Lynnfield
List Price
$239,900
Sold Price
$230,000
Premium/Discount to List
-$9,900
-4.13%
Current Estimated Value
$395,655

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,655
Avg. Annual Appreciation
7.34%
Original Mortgage
$172,500
Outstanding Balance
$148,209
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$247,446

Purchase Details

Listed on
Aug 25, 2017
Closed on
Nov 1, 2017
Sold by
Warren Barbara G and Warren Theodore L
Bought by
Fisher Patricia A
Seller's Agent
Janice Kostopoulos
Coldwell Banker Realty - Marblehead
Buyer's Agent
Janice Kostopoulos
Coldwell Banker Realty - Marblehead
List Price
$230,000
Sold Price
$225,000
Premium/Discount to List
-$5,000
-2.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.12%

Purchase Details

Closed on
Aug 11, 2017
Sold by
Warren Evelyn C
Bought by
Warren Theodore L and Warren Barbara G

Purchase Details

Closed on
Feb 23, 2001
Sold by
Maselli Lillian R
Bought by
Warren Theodore L and Warren Barbara G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,900
Interest Rate
6.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 3, 1998
Sold by
Rettberg Donna Jean
Bought by
Maselli Lillian R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
6.68%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 3, 1995
Sold by
Brooks Gary S and Brooks Kim
Bought by
Rettberg Richard
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
Brogan Ann M $230,000 --
Fisher Patricia A $225,000 --
Warren Theodore L $3,364 --
Warren Theodore L $124,900 --
Maselli Lillian R $71,500 --
Rettberg Richard $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brogan Ann M $172,500
Previous Owner Rettberg Richard $136,500
Previous Owner Rettberg Richard $57,900
Previous Owner Rettberg Richard $45,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/09/2018 04/09/18 Sold $230,000 -4.1% $334 / Sq Ft
02/23/2018 02/23/18 Pending -- -- --
02/22/2018 02/22/18 For Sale $239,900 +6.6% $349 / Sq Ft
11/01/2017 11/01/17 Sold $225,000 -2.2% $327 / Sq Ft View Prior Sale
09/14/2017 09/14/17 Pending -- -- --
08/25/2017 08/25/17 For Sale $230,000 -- $334 / 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: 72284655

MLS Property Information Network (MLS PIN)

APN: SALE-000035-000000-000248-000829-000829