NOT LISTED FOR SALE

Estimated Value: $787,000 - $883,000

3 Beds
3 Baths
2,635 Sq Ft
1980 Built

Last Sold October 31, 2013

Last sale price $415,000 $157 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $5,449/month

58 Days on Market

About This Home

As of October 2013

Contemporary light filled Townhome in the heart of Downtown Salem offers move in condition. Dramatic Master suite w/cathedral ceiling, custom closet and balcony . Open living/dining room with fireplace and access to private fenced in yard. Off street parking, C/A, finished lower level with 1/2 bath and great storage. Steps to commuter rail, hip restaurants and shopping make this a wonderful location, pet friendly too! **1st OPEN HOUSE SUNDAY AUG 11TH 1:30-3**

Last Agent to Sell the Property

Zoe Karademos

Coldwell Banker Realty - Beverly Listed on: 08/06/2013

Coldwell Banker Realty - Beverly

Last Buyer's Agent

Barbara Yozell

William Raveis R.E. & Home Services

William Raveis R.E. & Home Services

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,949

Year Built

1980

Lot Details

0

Listing Details

  • Unit Level: 1
  • Unit Placement: End
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1980

Interior Features

  • Has Basement: Yes
  • Fireplaces: 1
  • Primary Bathroom: Yes
  • Number of Rooms: 7
  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Bike Path, Highway Access, Marina, T-Station
  • Electric: Circuit Breakers
  • Energy: Insulated Windows
  • Flooring: Tile, Wall to Wall Carpet, Hardwood
  • Bedroom 2: Second Floor
  • Bedroom 3: Second Floor
  • Bathroom #1: Basement
  • Bathroom #2: Second Floor
  • Bathroom #3: Third Floor
  • Kitchen: First Floor
  • Laundry Room: Second Floor
  • Living Room: First Floor
  • Master Bedroom: Third Floor
  • Master Bedroom Description: Bathroom - Full, Ceiling - Cathedral, Ceiling Fan(s), Closet - Walk-in, Balcony / Deck
  • Dining Room: First Floor
  • Family Room: Basement

Exterior Features

  • Construction: Brick, Stone/Concrete
  • Exterior: Clapboard
  • Exterior Unit Features: Deck - Composite, Patio, City View(s), Fenced Yard, Garden Area

Garage/Parking

  • Parking: Off-Street, Deeded
  • Parking Spaces: 2

Utilities

  • Hot Water: Natural Gas, Tank
  • Utility Connections: for Gas Range

Condo/Co-op/Association

  • Condominium Name: New Salem Condominium One
  • Association Fee Includes: Water, Sewer, Master Insurance, Exterior Maintenance, Landscaping, Snow Removal
  • Association Pool: No
  • Management: Owner Association
  • No Units: 8
  • Unit Building: 2A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2013
Closed on
Oct 31, 2013
Sold by
Vandermeer Paul D and King Sarah
Bought by
Pickett Joseph P and Dickson Jane
Seller's Agent
Zoe Karademos
Coldwell Banker Realty - Beverly
Buyer's Agent
Barbara Yozell
William Raveis R.E. & Home Services
List Price
$429,000
Sold Price
$415,000
Premium/Discount to List
-$14,000
-3.26%
Current Estimated Value
$874,329

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$459,329
Avg. Annual Appreciation
5.81%
Original Mortgage
$311,250
Outstanding Balance
$224,861
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$582,827

Purchase Details

Closed on
Jun 24, 2004
Sold by
Newman Charles J and Newman Suzanne L
Bought by
Hanton Charles K R

Purchase Details

Closed on
Sep 17, 2002
Sold by
Sandven Ole A and Sandven Karen H
Bought by
Newman Charles J and Newman Suzanne L

Purchase Details

Closed on
Nov 30, 1995
Sold by
Martin Katherine
Bought by
Sandven Ole and Sandven Karen

Purchase Details

Closed on
Sep 11, 1992
Sold by
Knutzon Kurt D and Knutzon Maria
Bought by
Martin Katherine M
Source: Public Records

Range of Values:

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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
Pickett Joseph P $415,000 --
Hanton Charles K R $364,000 --
Newman Charles J $297,000 --
Sandven Ole $136,000 --
Martin Katherine M $119,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pickett Joseph P $311,250
Previous Owner Martin Katherine M $292,000
Previous Owner Martin Katherine M $28,000
Previous Owner Martin Katherine M $297,890
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2013 10/31/13 Sold $415,000 0.0% $157 / Sq Ft
10/03/2013 10/03/13 Pending -- -- --
08/27/2013 08/27/13 Off Market $415,000 -- --
08/06/2013 08/06/13 For Sale $429,000 -- $163 / 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 $7,949 $701,000 $0 $701,000
2024 $7,844 $675,000 $0 $675,000
2023 $8,088 $646,500 $0 $646,500
2022 $7,742 $584,300 $0 $584,300
2021 $7,613 $551,700 $0 $551,700
2020 $7,742 $535,800 $0 $535,800
2019 $7,529 $498,600 $0 $498,600
2018 $7,184 $467,100 $0 $467,100
2017 $6,905 $435,400 $0 $435,400
2016 $6,196 $395,400 $0 $395,400
2015 $6,252 $381,000 $0 $381,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71565860

MLS Property Information Network (MLS PIN)

APN: SALE-000035-000000-000609-000802-000802