NOT LISTED FOR SALE

Estimated Value: $352,000 - $412,000

1 Bed
1 Bath
688 Sq Ft
1980 Built

Last Sold September 19, 2014

Last sale price $175,000 $254 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $2,292/month

21 Days on Market

About This Home

As of September 2014

Location and Value! Urban living in the heart of historic downtown Salem. Sunny one bedroom corner condo features spacious living/dining room, large balcony overlooking a beautiful courtyard with 3 waterfalls, central ac and deeded underground garage space. Building offers private storage and laundromat in lower level. Elevator in building from your private garage to your unit. Stroll to Salem's fine restaurants, Museums, cultural hot-spots and nightlife. A short walk to historic Salem Common, commuter rail, bus or ferry to Boston completes your investment in this excellent property.

Last Agent to Sell the Property

Clare White Sullivan

Coldwell Banker Realty - Beverly License #454007168 Listed on: 07/30/2014

Coldwell Banker Realty - Beverly

Last Buyer's Agent

Andrea Dodge

Coldwell Banker Realty - Marblehead

Coldwell Banker Realty - Marblehead

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,610

Year Built

1980

Lot Details

0

Listing Details

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

Interior Features

  • Has Basement: No
  • Number of Rooms: 3
  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Bike Path, House of Worship, Marina, Public School, T-Station, University
  • Electric: Circuit Breakers
  • Energy: Backup Generator
  • Flooring: Tile, Laminate
  • Interior Amenities: Cable Available, Intercom

Exterior Features

  • Construction: Brick, Stone/Concrete
  • Exterior: Brick
  • Exterior Unit Features: Balcony, City View(s)

Garage/Parking

  • Garage Parking: Under, Garage Door Opener, Deeded, Side Entry
  • Garage Spaces: 1
  • Parking: Deeded, Exclusive Parking
  • Parking Spaces: 1

Utilities

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

Condo/Co-op/Association

  • Condominium Name: Central Plaza Condominium
  • Association Fee Includes: Water, Sewer, Master Insurance, Laundry Facilities, Elevator, Exterior Maintenance, Landscaping, Snow Removal, Extra Storage, Refuse Removal
  • Association Pool: No
  • Management: Professional - Off Site
  • Pets Allowed: No
  • No Units: 50
  • Unit Building: 307

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2014
Closed on
Sep 19, 2014
Sold by
Sthilaire Ian D
Bought by
Palmer Marianne
Seller's Agent
Clare White Sullivan
Coldwell Banker Realty - Beverly
Buyer's Agent
Andrea Dodge
Coldwell Banker Realty - Marblehead
List Price
$173,000
Sold Price
$175,000
Premium/Discount to List
$2,000
1.16%
Current Estimated Value
$378,238

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$203,238
Avg. Annual Appreciation
7.12%
Original Mortgage
$140,000
Outstanding Balance
$107,179
Interest Rate
4.14%
Mortgage Type
New Conventional
Estimated Equity
$271,059

Purchase Details

Closed on
Aug 31, 2007
Sold by
Stratouly Olga G
Bought by
Sthilaire Ian D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,000
Interest Rate
6.71%
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
Palmer Marianne $175,000 --
Sthilaire Ian D $179,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palmer Marianne $140,000
Previous Owner Sthilaire Ian D $179,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/19/2014 09/19/14 Sold $175,000 0.0% $254 / Sq Ft
08/20/2014 08/20/14 Pending -- -- --
08/05/2014 08/05/14 Off Market $175,000 -- --
07/30/2014 07/30/14 For Sale $173,000 -- $251 / 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 $3,610 $318,300 $0 $318,300
2024 $3,837 $330,200 $0 $330,200
2023 $3,619 $289,300 $0 $289,300
2022 $3,372 $254,500 $0 $254,500
2021 $3,308 $239,700 $0 $239,700
2020 $3,293 $227,900 $0 $227,900
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: 71721696

MLS Property Information Network (MLS PIN)

APN: SALE-000035-000000-000248-000839-000839