NOT LISTED FOR SALE

Estimated Value: $313,000 - $364,000

1 Bed
1 Bath
619 Sq Ft
$263/mo HOA Fee

Last Sold August 08, 2023

Last sale price $292,500 $473 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $2,419/month

17 Days on Market

Highlights

  • Marina
  • Medical Services
  • Deck
  • Golf Course Community
  • City View
  • 4-minute walk to Piperpont Park

About This Home

As of August 2023

Opportunity to live in the heart of Downtown Salem! Historic City with Harbor, beaches and all the amenities of a vibrant, active city and commuter's dream with Train and Ferry to Boston. Central Plaza Condominiums: One bedroom/ one full bath, third floor corner unit with balcony overlooking Central Street to the Essex Street Pedestrian Mall with shops, entertainment, restaurants and museums such as world-renowned Peabody-Essex Museum. Galley kitchen, Forced Hot Air Heat/ Central Air with hot water tank in the unit. Relax on the private, covered balcony or outside common court yard area; stroll to shops, restaurants, Salem Common and Harbor. Hallways, elevator and common areas well maintained by professional management company. Laundry facilities in the building plus individual storage in the basement. Well-managed building and association; built in 1980. Pets are not allowed.

Last Agent to Sell the Property

Kathy Sullivan

RE/MAX Beacon Listed on: 06/14/2023

RE/MAX Beacon

Co-Listed By

Terry Sullivan

RE/MAX Beacon

Last Buyer's Agent

Lindsay Strozza

Century 21 McLennan & Company

Century 21 McLennan & Company

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,303

Year Built

  • Built in 1980

Lot Details

  • Near Conservation Area

HOA Fees

  • $263 Monthly HOA Fees

Home Design

  • Garden Home
  • Brick Exterior Construction
  • Frame Construction
  • Rubber Roof

Interior Spaces

  • 619 Sq Ft Home
  • 1-Story Property
  • Insulated Windows
  • Insulated Doors
  • City Views
  • Intercom
  • Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Primary bedroom located on third floor
  • 1 Full Bathroom
  • Bathtub with Shower

Parking

  • Attached Garage
  • Tuck Under Parking
  • Open Parking

Outdoor Features

  • Balcony
  • Courtyard
  • Deck

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Collins Middle School
  • Salem High School

Utilities

  • Forced Air Heating and Cooling System
  • 1 Cooling Zone
  • 1 Heating Zone
  • Individual Controls for Heating
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number M:35 L:0248 S:842,2136608

Community Details

Overview

  • Association fees include water, sewer, insurance, security, maintenance structure, snow removal, trash, reserve funds
  • 50 Units
  • Mid-Rise Condominium
  • Central Plaza Condominium Community

Amenities

  • Medical Services
  • Common Area
  • Shops
  • Coin Laundry
  • Elevator
  • Community Storage Space

Recreation

  • Marina
  • Golf Course Community
  • Park

Pet Policy

  • No Pets Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,303

Year Built

Built in 1980

Lot Details

0

HOA Fees

$263 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Garden, Mid-Rise
  • Year Built: 1980
  • Buyer Agency: 2
  • Entry Level: 3
  • Transaction Broker: 1
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Tile, Laminate
  • Door Features: Insulated Doors
  • Entry Location: Unit Placement(Upper)
  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Microwave,Refrigerator, Electric Water Heater,Tank Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Oven
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Features: Bathroom - Full, Closet, Flooring - Laminate
  • Room Master Bedroom Level: Third
  • Bathroom 1 Features: Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile
  • Bathroom 1 Level: Third
  • Room Kitchen Level: Third
  • Room Kitchen Features: Flooring - Stone/Ceramic Tile
  • Laundry Features: Common Area, In Building
  • Room Living Room Level: Third
  • Room Living Room Features: Flooring - Laminate, Balcony / Deck, Deck - Exterior
  • Basement: Y
  • Living Area: 619
  • Other Equipment: Intercom
  • Spa YN: No
  • Stories Total: 1
  • Window Features: Insulated Windows
  • MAIN LO: AN4305
  • LIST PRICE PER Sq Ft: 516.96
  • PRICE PER Sq Ft: 472.54
  • MAIN SO: G46000

Exterior Features

  • Exterior Features: Courtyard, Balcony
  • Common Walls: Corner
  • Construction Materials: Frame, Brick
  • Home Warranty YN: No
  • Roof: Rubber
  • View: City
  • View YN: Yes
  • Waterfront Features: Beach Front, Harbor, Ocean, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No

Garage/Parking

  • Attached Garage YN: Yes
  • Carport Y N: No
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Under

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Oven
  • Cooling: Central Air
  • Heating: Forced Air, Electric, Individual, Unit Control
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Security Features: Intercom
  • Water Source: Public
  • HEAT ZONES: 1
  • COOLING ZONES: 1

Condo/Co-op/Association

  • Association Amenities: Laundry, Elevator(s), Storage
  • Association Fee: 263
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Park, Golf, Medical Facility, Laundromat, Conservation Area, House of Worship, Marina, Private School, Public School, T-Station, University
  • Senior Community YN: No
  • UNIT BUILDING: 310
  • MANAGEMENT: Professional - On Site
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Security, Maintenance Structure, Snow Removal, Trash, Reserve Funds

Lot Info

  • Parcel Number: M:35 L:0248 S:842,2136608
  • Zoning: Condo
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Property Attached YN: Yes
  • PAGE: 558
  • OUTDOOR SPACE AVAILABLE: Yes - Common
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: No

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3303
  • Tax Book Number: 39177

Multi Family

  • Number Of Units Total: 50
  • Basement Included Sq Ft: No
  • NO UNITS OWNER OCC: 26

MLS Schools

  • High School: Salem High
  • Middle Or Junior School: Collins Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2023
Closed on
Aug 8, 2023
Sold by
Arin Kaan and Arin Kemal
Bought by
Clark Harrison P
Seller's Agent
Kathy Sullivan
RE/MAX Beacon
Buyer's Agent
Lindsay Strozza
Century 21 McLennan & Company
List Price
$320,000
Sold Price
$292,500
Premium/Discount to List
-$27,500
-8.59%
Views
181
Current Estimated Value
$337,871

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,371
Avg. Annual Appreciation
6.76%
Original Mortgage
$266,750
Outstanding Balance
$261,829
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$68,714

Purchase Details

Closed on
Nov 12, 2020
Sold by
Arin Betul and Arin Kaan
Bought by
Arin Betul and Arin Kaan

Purchase Details

Listed on
Jul 15, 2013
Closed on
Nov 15, 2013
Sold by
Vogt Cory D
Bought by
Arin Betul and Arin Kaam
Seller's Agent
Jeffrey Carter
Keller Williams Realty Evolution
Buyer's Agent
Susan Olson
MerryFox Realty
List Price
$169,900
Sold Price
$165,000
Premium/Discount to List
-$4,900
-2.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.17%

Purchase Details

Closed on
Nov 29, 2007
Sold by
Callahan Gweneth M
Bought by
Vogt Cory D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,250
Interest Rate
6.48%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 8, 2004
Sold by
Towner Peter
Bought by
Callahan Gweneth M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,600
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 28, 2003
Sold by
Peterson Gary A and Peterson Scott
Bought by
Towner Peter C S

Purchase Details

Closed on
Oct 4, 1999
Sold by
Cohan Arthur M and Cohan Donna M
Bought by
Peterson Scott
Source: Public Records

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Range of Values:

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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
Clark Harrison P $292,500 None Available
Arin Betul -- None Available
Arin Betul $165,000 --
Vogt Cory D $175,000 --
Callahan Gweneth M $184,500 --
Towner Peter C S $155,000 --
Peterson Scott $79,750 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clark Harrison P $266,750
Closed Clark Harrison P $14,625
Previous Owner Peterson Scott $166,250
Previous Owner Peterson Scott $147,600
Previous Owner Peterson Scott $36,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2023 08/08/23 Sold $292,500 -8.6% $473 / Sq Ft
07/02/2023 07/02/23 Pending -- -- --
06/14/2023 06/14/23 For Sale $320,000 0.0% $517 / Sq Ft
03/09/2018 03/09/18 Rented $1,450 0.0% --
01/10/2018 01/10/18 Price Changed $1,450 -1.7% $2 / Sq Ft
01/10/2018 01/10/18 For Rent $1,475 0.0% --
12/31/2017 12/31/17 Off Market $1,475 -- --
10/10/2017 10/10/17 Price Changed $1,475 -3.3% $2 / Sq Ft
10/02/2017 10/02/17 For Rent $1,525 +7.0% --
10/04/2016 10/04/16 Rented $1,425 0.0% --
09/29/2016 09/29/16 Under Contract -- -- --
09/20/2016 09/20/16 For Rent $1,425 0.0% --
11/15/2013 11/15/13 Sold $165,000 +12841.2% $267 / Sq Ft
10/21/2013 10/21/13 Pending -- -- --
09/13/2013 09/13/13 Rented $1,275 0.0% --
09/13/2013 09/13/13 Off Market $165,000 -- --
08/14/2013 08/14/13 Under Contract -- -- --
08/01/2013 08/01/13 For Rent $1,300 0.0% --
07/15/2013 07/15/13 For Sale $169,900 0.0% $274 / Sq Ft
06/02/2012 06/02/12 Rented $1,200 0.0% --
06/02/2012 06/02/12 For Rent $1,200 -- --
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 $3,289 $290,000 $0 $290,000
2024 $3,544 $305,000 $0 $305,000
2023 $3,303 $264,000 $0 $264,000
2022 $3,081 $232,500 $0 $232,500
2021 $3,022 $219,000 $0 $219,000
2020 $3,010 $208,300 $0 $208,300
2019 $2,954 $195,600 $0 $195,600
2018 $2,687 $174,700 $0 $174,700
2017 $2,596 $163,700 $0 $163,700
2016 $2,419 $154,400 $0 $154,400
2015 $2,524 $153,800 $0 $153,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73124907

MLS Property Information Network (MLS PIN)

APN: SALE-000035-000000-000248-000842-000842