NOT LISTED FOR SALE

Estimated Value: $364,000 - $459,000

1 Bed
1 Bath
684 Sq Ft
1980 Built

Last Sold May 25, 2021

Last sale price $313,000 $458 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $2,429/month

Highlights

  • Marina
  • Deck
  • Main Floor Primary Bedroom
  • Medical Services
  • Property is near public transit
  • 4-minute walk to Piperpont Park

About This Home

As of August 2024

1 bedroom 1 bath apartment available for rent 9/1 with an updated kitchen, central air, open concept living, custom built-in storage, and private deck overlooking a beautiful courtyard and fountain! Situated right on the central plaza in the heart of downtown Salem, the location is not only convenient but showcases the very best of Salem including restaurants, shopping, the Peabody Essex Museum and much more all on charming brick lined streets. The building offers amenities such as garage parking, storage, and laundry. It is meticulously maintained by professional management company and makes coming home a true pleasure and refuge from the hustle and bustle of daily life. Move in right in time for the fall season so you can have a front row seat to Salem in its element!

Last Agent to Rent the Property

Alexandra Joyce

William Raveis R.E. & Home Services Listed on: 08/01/2024

William Raveis R.E. & Home Services

Last Renter's Agent

Alexandra Joyce

William Raveis R.E. & Home Services Listed on: 08/01/2024

William Raveis R.E. & Home Services

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,620

Year Built

  • Built in 1980

Parking

  • 1 Car Garage

Home Design

  • Entry on the 3rd floor

Interior Spaces

  • 684 Sq Ft Home
  • Center Hall

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Outdoor Features

  • Deck

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Cooling Available
  • Forced Air Heating System

Listing and Financial Details

  • Security Deposit $2,400
  • Property Available on 9/1/24
  • Rent includes water, trash collection, snow removal, gardener, parking
  • 12 Month Lease Term
  • Assessor Parcel Number M:35 L:0248 S:838,2136581

Community Details

Overview

  • Property has a Home Owners Association

Amenities

  • Medical Services
  • Shops
  • Laundry Facilities

Recreation

  • Marina
  • Park
  • Jogging Path

Pet Policy

  • No Pets Allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$3,620

Year Built

Built in 1980

Lot Details

0

Parking

1

Rental Info

  • Pets Allowed: No
  • Available Date: 2024-09-01
  • Lease Term: Term of Rental(12)
  • Available Now: No
  • Deposit Required: Yes
  • FIRST MON REQD: Yes
  • INSURANCE REQD: Yes
  • LAST MON REQD: No
  • REFERENCES REQD: Yes
  • SEC DEPOSIT: 2400

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Condominium
  • Year Built: 1980
  • Entry Level: 3
  • Year Built Details: Approximate
  • Year Round: Yes
  • CoOp Comp: 50%
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Center Hall, Elevator
  • Fireplace YN: No
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Level: First
  • Master Bathroom Features: No
  • Bathroom 1 Level: First
  • Room Dining Room Level: First
  • Room Kitchen Level: First
  • Laundry Features: Common Area, In Building
  • Room Living Room Level: First
  • Living Area: 684
  • Spa YN: No
  • MAIN LO: M59500
  • MAIN SO: M59500

Exterior Features

  • Exterior Features: Deck
  • Home Warranty YN: No
  • Patio And Porch Features: Deck
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage Spaces: 1
  • Covered Parking Spaces: 1
  • Garage YN: Yes

Utilities

  • Heating: Electric, Forced Air
  • Cooling Y N: Yes
  • Heating YN: Yes

Condo/Co-op/Association

  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University
  • Rent Includes: Water, Trash Collection, Snow Removal, Gardener, Parking
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:35 L:0248 S:838,2136581
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • OUTDOOR SPACE AVAILABLE: Yes - Private
  • ResoLotSizeUnits: Acres

Multi Family

  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2021
Closed on
May 25, 2021
Sold by
Novelli Paula M
Bought by
Samson Joanna
Seller's Agent
Maura Campbell
LAER Realty Partners
Buyer's Agent
Alexandra Joyce
William Raveis R.E. & Home Services
List Price
$297,000
Sold Price
$313,000
Premium/Discount to List
$16,000
5.39%
Current Estimated Value
$404,071

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,071
Avg. Annual Appreciation
5.80%
Original Mortgage
$257,000
Outstanding Balance
$232,906
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$171,165

Purchase Details

Closed on
Sep 8, 2004
Sold by
Fletcher Anthony V and Madison Susan R
Bought by
Novelli Paula M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 20, 2000
Sold by
Santiago Yvonne L
Bought by
Fletcher Anthony Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
7.78%
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
Samson Joanna $313,000 None Available
Novelli Paula M $196,500 --
Fletcher Anthony Y $121,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Samson Joanna $257,000
Previous Owner Fletcher Anthony Y $123,500
Previous Owner Fletcher Anthony Y $150,000
Previous Owner Fletcher Anthony Y $100,000
Previous Owner Fletcher Anthony Y $96,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/22/2024 08/22/24 Rented $2,400 0.0% --
08/21/2024 08/21/24 Under Contract -- -- --
08/01/2024 08/01/24 For Rent $2,400 0.0% --
05/25/2021 05/25/21 Sold $313,000 +5.4% $458 / Sq Ft View Prior Sale
04/26/2021 04/26/21 Pending -- -- --
04/21/2021 04/21/21 For Sale $297,000 -- $434 / 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 $3,620 $319,200 $0 $319,200
2024 $3,850 $331,300 $0 $331,300
2023 $3,632 $290,300 $0 $290,300
2022 $3,383 $255,300 $0 $255,300
2021 $3,262 $236,400 $0 $236,400
2020 $3,250 $224,900 $0 $224,900
2019 $3,186 $211,000 $0 $211,000
2018 $2,896 $188,300 $0 $188,300
2017 $2,752 $173,500 $0 $173,500
2016 $2,560 $163,400 $0 $163,400
2015 $2,668 $162,600 $0 $162,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73272514

MLS Property Information Network (MLS PIN)

APN: SALE-000035-000000-000248-000838-000838