NOT LISTED FOR SALE

20 Central St Unit 216 Salem, MA 01970

Downtown Salem Neighborhood

Estimated Value: $333,000 - $404,000

1 Bed
1 Bath
619 Sq Ft
1980 Built

Last Sold August 19, 2016

Last sale price $192,500 $311 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $2,236/month

5 Days on Market

About This Home

As of August 2016

Would you like to live in one of Salem's finest condominium buildings in the heart of the historic downtown, for less than the cost of renting. Don't miss this newly renovated one bedroom with fabulous granite and stainless steel appliances kitchen. New windows and sliding glass door to private balcony, new carpeting, new paint. Choose from dozens of eateries, pubs, museums, and shops. Investors take note too!

Last Agent to Sell the Property

Ted Richard

J. Barrett & Company Listed on: 06/17/2016

Last Buyer's Agent

Michele Iacopino

Freni Realty Associates

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,513

Year Built

1980

Lot Details

0

Listing Details

  • Unit Level: 2
  • Unit Placement: Upper
  • Property Type: Condominium/Co-Op
  • Other Agent: 1.00
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1980

Interior Features

  • Appliances: Range, Dishwasher, Disposal, Refrigerator
  • Has Basement: No
  • Number of Rooms: 3
  • Amenities: Public Transportation, Shopping
  • Electric: Circuit Breakers, 100 Amps
  • Energy: Insulated Windows, Insulated Doors
  • Flooring: Tile, Wall to Wall Carpet
  • Insulation: Full
  • Interior Amenities: Cable Available
  • Bathroom #1: Second Floor
  • Kitchen: Second Floor
  • Living Room: Second Floor
  • Master Bedroom: Second Floor
  • No Living Levels: 1

Exterior Features

  • Roof: Rubber
  • Construction: Brick
  • Exterior: Brick
  • Exterior Unit Features: Balcony

Garage/Parking

  • Garage Parking: Under
  • Parking Spaces: 0

Utilities

  • Cooling: Central Air, Heat Pump, Individual, Unit Control
  • Heating: Forced Air, Heat Pump, Electric, Individual
  • Cooling Zones: 1
  • Heat Zones: 1
  • Hot Water: Electric
  • Utility Connections: for Electric Range, for Electric Oven
  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Sewage District: SESD

Condo/Co-op/Association

  • Condominium Name: 20 Central Plaza Condominium
  • Association Fee Includes: Water, Sewer, Master Insurance, Security, Exterior Maintenance, Landscaping, Snow Removal, Extra Storage
  • Association Security: Intercom
  • Management: Professional - Off Site
  • Pets Allowed: No
  • No Units: 34
  • Unit Building: 216

Fee Information

  • Fee Interval: Monthly

Lot Info

  • Assessor Parcel Number: M:35 L:0248 S:832
  • Zoning: B-4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2016
Closed on
Aug 19, 2016
Sold by
Burrington John and Burrington Michele
Bought by
Mccaulley Nicholas
Seller's Agent
Ted Richard
J. Barrett & Company
Buyer's Agent
Michele Iacopino
Freni Realty Associates
List Price
$199,900
Sold Price
$192,500
Premium/Discount to List
-$7,400
-3.7%
Current Estimated Value
$368,953

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,453
Avg. Annual Appreciation
7.25%
Original Mortgage
$132,500
Outstanding Balance
$60,449
Interest Rate
3.41%
Mortgage Type
New Conventional
Estimated Equity
$308,504

Purchase Details

Closed on
Jan 28, 2016
Sold by
Macdonald Andrew F
Bought by
Burrington Michele and Burrington John

Purchase Details

Closed on
Aug 5, 2011
Sold by
Hedel Michael
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 25, 2006
Sold by
Bilodeau David A
Bought by
Hedel Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 11, 1997
Sold by
Genovese Nt and Genovese Kathryn M
Bought by
Bilodeau David A

Purchase Details

Closed on
Sep 18, 1987
Sold by
Cregg Donald J
Bought by
Genovese Joseph
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Mccaulley Nicholas $192,500 --
Burrington Michele $177,000 --
Federal National Mortgage Association $141,648 --
Hedel Michael $195,000 --
Bilodeau David A $46,000 --
Genovese Joseph $106,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccaulley Nicholas $132,500
Previous Owner Genovese Joseph $108,222
Previous Owner Genovese Joseph $195,000
Previous Owner Genovese Joseph $95,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/19/2016 08/19/16 Sold $192,500 -3.7% $311 / Sq Ft
06/22/2016 06/22/16 Pending -- -- --
06/17/2016 06/17/16 For Sale $199,900 +101.9% $323 / Sq Ft
02/03/2012 02/03/12 Sold $99,000 -0.9% $160 / Sq Ft View Prior Sale
12/06/2011 12/06/11 Pending -- -- --
11/18/2011 11/18/11 For Sale $99,900 -- $161 / 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 $3,513 $309,800 $0 $309,800
2024 $3,728 $320,800 $0 $320,800
2023 $3,430 $274,200 $0 $274,200
2022 $3,201 $241,600 $0 $241,600
2021 $3,140 $227,500 $0 $227,500
2020 $3,114 $215,500 $0 $215,500
2019 $3,058 $202,500 $0 $202,500
2018 $2,784 $181,000 $0 $181,000
2017 $2,576 $162,400 $0 $162,400
2016 $2,355 $150,300 $0 $150,300
2015 $2,457 $149,700 $0 $149,700
Source: Public Records

Agents Affiliated with this Home

  • Ted Richard

    Seller's Agent in 2016

    Ted Richard

    J. Barrett & Company

    (978) 921-1117

    3 in this area

    64 Total Sales

    Ted Richard
    Section Image

  • M

    Buyer's Agent in 2016

    Michele Iacopino

    Freni Realty Associates

    (617) 312-2169

    Michele Iacopino
    Section Image

  • E

    Seller's Agent in 2012

    Elizabeth Wood

    Tache Real Estate, Inc.

    (351) 201-0512

    4 Total Sales

    Elizabeth Wood
    Section Image

  • J

    Buyer's Agent in 2012

    Judith Coughlin

    Keller Williams Realty Evolution

    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72025158

MLS Property Information Network (MLS PIN)

APN: SALE-000035-000000-000248-000832-000832

Massachusetts Essex County Salem 01970 Downtown Salem

20 Central St Unit 216, Salem, MA

Not Listed for Sale

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