NOT LISTED FOR SALE

Estimated Value: $351,000 - $392,000

1 Bed
1 Bath
688 Sq Ft
1980 Built

Last Sold June 02, 2014

Last sale price $161,800 $235 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $2,258/month

26 Days on Market

About This Home

As of June 2014

NOTE **** Guaranteed Rate Mortgage obtained a FNMA Waiver to close this conventionally ******** A fabulous downtown Salem lifestyle awaits the savvy buyer. A phenomenal price, and exceptional styling make this a wonderful place to get your start or downsize. Convenient to all things great including commuter rail, commuter ferry, shops, dining, Peabody Essex Museum, historic sites and cultural events. Underground garage parking. Elevator. Balcony overlooking an Historic Brick Walkway. Open concept layout for entertaining. Dining area and spacious living. Generous bedroom and bathroom.

Last Agent to Sell the Property

Sarah MacBurnie

Ocean's Edge Real Estate Listed on: 03/19/2014

Ocean's Edge Real Estate

Last Buyer's Agent

Sharon Aldous

RE/MAX Renaissance Inc. License #454000205

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,582

Year Built

1980

Lot Details

0

Listing Details

  • Unit Level: 3
  • Unit Placement: End
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1980

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 3
  • Electric: Circuit Breakers
  • Flooring: Tile, Wall to Wall Carpet
  • Bathroom #1: Third Floor
  • Kitchen: Third Floor
  • Laundry Room: Basement
  • Living Room: Third Floor
  • Master Bedroom: Third Floor

Exterior Features

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

Garage/Parking

  • Garage Parking: Attached, Under
  • Garage Spaces: 1
  • Parking Spaces: 0

Utilities

  • Cooling Zones: 1
  • Heat Zones: 1
  • Hot Water: Tank
  • Utility Connections: for Electric Range

Condo/Co-op/Association

  • Condominium Name: Central Plaza Condominium
  • Association Fee Includes: Water, Sewer, Master Insurance, Laundry Facilities, Elevator, Exterior Maintenance, Landscaping, Snow Removal
  • Management: Professional - Off Site
  • Pets Allowed: Yes w/ Restrictions
  • No Units: 50
  • Unit Building: 301

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2014
Closed on
Jun 2, 2014
Sold by
Carpenter Mathew C
Bought by
Orfanos Joanna
Seller's Agent
Sarah MacBurnie
Ocean's Edge Real Estate
Buyer's Agent
Sharon Aldous
RE/MAX Renaissance Inc.
List Price
$169,900
Sold Price
$161,800
Premium/Discount to List
-$8,100
-4.77%
Current Estimated Value
$372,044

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$210,244
Avg. Annual Appreciation
7.50%
Original Mortgage
$129,440
Outstanding Balance
$98,677
Interest Rate
4.26%
Mortgage Type
New Conventional
Estimated Equity
$273,367

Purchase Details

Closed on
Jun 27, 2003
Sold by
Gaetani Steven J
Bought by
Carpenter Matthew C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,400
Interest Rate
5.53%
Mortgage Type
Purchase Money Mortgage
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
Orfanos Joanna $161,800 --
Carpenter Matthew C $178,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Orfanos Joanna $129,440
Previous Owner Carpenter Matthew C $142,400
Previous Owner Carpenter Matthew C $17,800
Previous Owner Carpenter Matthew C $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/02/2014 06/02/14 Sold $161,800 0.0% $235 / Sq Ft
04/14/2014 04/14/14 Pending -- -- --
03/27/2014 03/27/14 Off Market $161,800 -- --
03/19/2014 03/19/14 For Sale $169,900 -- $247 / 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: 71646878

MLS Property Information Network (MLS PIN)

APN: SALE-000035-000000-000248-000833-000833