NOT LISTED FOR SALE

Estimated Value: $570,000 - $628,000

2 Beds
2 Baths
1,326 Sq Ft
$529/mo HOA Fee

Last Sold March 22, 2023

Last sale price $565,000 $426 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $4,130/month

9 Days on Market

Highlights

  • Marina
  • No Units Above
  • Property is near public transit
  • Medical Services
  • Deck
  • 4-minute walk to Piperpont Park

About This Home

As of March 2023

Open House Saturday 2-11-23 1:00 PM to 2:00 PM Historic city Salem by the sea offers this modern garden -style end unit. Two- bath, two-bedroom Penthouse condominium in the heart of downtown Salem. Two decks overlooking the courtyard and city lights. Stroll over to many boutiques, restaurants, and the renowned Peabody Essex Museum. A vibrant artsy spiritual environment soothes the soul in this beloved downtown area. The unit boasts an open floor plan, dining room/living room combination. Modern kitchen, wood flooring. Underground parking space is included, just take the elevator from the gated safe garage up to your unit. Laundry facilities are in the unit and also in the building. Common area hallways and elevators are sparkling clean in this very well-managed building. Sorry, no pets are allowed.

Last Agent to Sell the Property

Susan Keenan

RE/MAX 360 License #454000607 Listed on: 02/04/2023

RE/MAX 360

Last Buyer's Agent

Jody Watts

J. Barrett & Company

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,845

Year Built

  • Built in 1980

HOA Fees

  • $529 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Tuck Under Parking

Home Design

  • Garden Home
  • Entry on the 4th floor
  • Brick Exterior Construction
  • Shingle Roof
  • Rubber Roof

Interior Spaces

  • 1,326 Sq Ft Home
  • 4-Story Property
  • Insulated Windows
  • Entrance Foyer
  • Intercom
  • Laundry in unit
  • Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Additional Features

  • Deck
  • No Units Above

Listing and Financial Details

  • Legal Lot and Block 846 / 0248
  • Assessor Parcel Number 2136582

Community Details

Overview

  • Association fees include sewer, insurance, security, maintenance structure, ground maintenance, snow removal
  • 50 Units
  • Mid-Rise Condominium
  • Central Street Community

Amenities

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

Recreation

  • Marina
  • Park
  • Jogging Path
  • Bike Trail

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,845

Year Built

Built in 1980

Lot Details

0

HOA Fees

$529 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Garden, Mid-Rise
  • Year Built: 1980
  • Entry Level: 4
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 4

Interior Features

  • Flooring: Wood, Carpet, Laminate
  • Interior Amenities: Foyer
  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Disposal,Microwave,Refrigerator, Gas Water Heater, Utility Connections for Electric Range
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Room Master Bedroom Level: First
  • Master Bathroom Features: Yes
  • Bathroom 1 Level: First
  • Bathroom 2 Level: First
  • Room Dining Room Level: First
  • Room Kitchen Level: First
  • Laundry Features: In Unit
  • Room Living Room Level: First
  • Basement: Y
  • Living Area: 1326
  • Stories Total: 4
  • Window Features: Insulated Windows
  • MAIN LO: AN4305
  • MAIN SO: AN4305

Exterior Features

  • Common Walls: No One Above
  • Construction Materials: Brick
  • Home Warranty YN: No
  • Patio And Porch Features: Deck
  • Roof: Shingle, Rubber
  • Waterfront Features: Beach Front, Harbor, Ocean, 1/10 to 3/10 To Beach, Beach Ownership(Public)
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage YN: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Parking Features: Under
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range
  • Cooling: Central Air
  • Heating: Forced Air, Electric
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Security Features: Intercom
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Elevator(s), Storage
  • Association Fee: 529
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Marina, T-Station, University
  • Senior Community YN: No
  • MANAGEMENT: Professional - Off Site
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Sewer, Insurance, Security, Maintenance Structure, Maintenance Grounds, Snow Removal

Lot Info

  • Parcel Number: 2136582
  • Zoning: res
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Property Attached YN: Yes
  • OUTDOOR SPACE AVAILABLE: Yes - Private
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: No

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 5845
  • Tax Block: 0248
  • Tax Lot: 846

Multi Family

  • Number Of Units Total: 50
  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 19, 2024
Sold by
Yakubian Elaine E
Bought by
Desacarvalho Patricia F and Yakubian Elaine E
Current Estimated Value
$592,409

Purchase Details

Listed on
Feb 4, 2023
Closed on
Mar 22, 2023
Sold by
Murphy Joseph F and Murphy Judith A
Bought by
Yakubian Elaine E
Seller's Agent
Susan Keenan
RE/MAX 360
Buyer's Agent
Jody Watts
J. Barrett & Company
List Price
$549,900
Sold Price
$565,000
Premium/Discount to List
$15,100
2.75%
Views
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
1.77%
Original Mortgage
$139,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Feb 4, 2023
Closed on
Mar 8, 2023
Sold by
Pasquanna Developers Inc
Bought by
Annese Christopher G and Deiulis Amy E
Seller's Agent
Susan Keenan
RE/MAX 360
Buyer's Agent
Jody Watts
J. Barrett & Company
List Price
$549,900
Sold Price
$565,000
Premium/Discount to List
$15,100
2.75%
Views
88

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Oct 3, 2019
Closed on
Oct 22, 2019
Sold by
Hasan Ft
Bought by
Murphy Joseph F and Murphy Judith A
Seller's Agent
Karen Cronin
Keller Williams Realty Evolution
Buyer's Agent
Susan Keenan
RE/MAX 360
List Price
$437,500
Sold Price
$423,500
Premium/Discount to List
-$14,000
-3.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.82%

Purchase Details

Closed on
Jan 12, 2004
Sold by
Boudreau Shifra
Bought by
Boudreau Tr Shifra

Purchase Details

Closed on
Jul 21, 2003
Sold by
Annese Amy and Annese Christopher G
Bought by
Boudreau Shifra

Purchase Details

Closed on
Jan 31, 2001
Sold by
Pasquanna Dev Inc
Bought by
Annese Christopher G and Deiulis Amy E
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
Desacarvalho Patricia F -- None Available
Yakubian Elaine E $565,000 None Available
Annese Christopher G $125,000 None Available
Murphy Joseph F $423,500 --
Boudreau Tr Shifra -- --
Boudreau Shifra $270,000 --
Annese Christopher G $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Yakubian Elaine E $139,000
Previous Owner Annese Christopher G $100,000
Previous Owner Annese Christopher G $20,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/22/2023 03/22/23 Sold $565,000 +2.7% $426 / Sq Ft
02/14/2023 02/14/23 Pending -- -- --
02/04/2023 02/04/23 For Sale $549,900 +29.8% $415 / Sq Ft
10/25/2019 10/25/19 Sold $423,500 -3.2% $319 / Sq Ft View Prior Sale
10/13/2019 10/13/19 Pending -- -- --
09/01/2019 09/01/19 For Sale $437,500 +14.8% $330 / Sq Ft
10/16/2017 10/16/17 Sold $381,000 +0.3% $287 / Sq Ft View Prior Sale
09/09/2017 09/09/17 Pending -- -- --
08/31/2017 08/31/17 For Sale $379,900 +28.8% $287 / Sq Ft
04/28/2015 04/28/15 Sold $295,000 0.0% $222 / Sq Ft View Prior Sale
04/25/2015 04/25/15 Pending -- -- --
03/20/2015 03/20/15 Off Market $295,000 -- --
02/28/2015 02/28/15 For Sale $318,000 +16.1% $240 / Sq Ft
12/27/2012 12/27/12 Sold $274,000 -1.8% $207 / Sq Ft View Prior Sale
12/27/2012 12/27/12 Pending -- -- --
11/13/2012 11/13/12 For Sale $279,000 -- $210 / 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 $5,788 $510,400 $0 $510,400
2024 $6,149 $529,200 $0 $529,200
2023 $5,845 $467,200 $0 $467,200
2022 $5,446 $411,000 $0 $411,000
2021 $5,342 $387,100 $0 $387,100
2020 $5,276 $365,100 $0 $365,100
2019 $5,172 $342,500 $0 $342,500
2018 $4,596 $298,800 $0 $298,800
2017 $4,439 $279,900 $0 $279,900
2016 $4,134 $263,800 $0 $263,800
2015 -- $245,500 $0 $245,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73076315

MLS Property Information Network (MLS PIN)

APN: SALE-000035-000000-000248-000846-000846