NOT LISTED FOR SALE

Estimated Value: $455,000 - $566,000

2 Beds
1.5 Baths
1,528 Sq Ft
$150/mo HOA Fee

Last Sold November 21, 2012

Last sale price $115,000 $75 Per Sq Ft

Est. 338% increase in value since last sale

Current estimated payment $3,257/month

170 Days on Market

Highlights

  • Property is near public transit
  • Main Floor Primary Bedroom
  • Home Office
  • Wood Flooring
  • Game Room
  • 2-minute walk to McGlew Park

About This Home

As of November 2012

GREAT LOCATION! Charming two-story condo in desirable Salem location! Features 2 bedrooms, 1.5 bathrooms, media room & office space! Large kitchen with island & pantry! Bright & Sunny rooms! Master bedroom on first level! Potential for additional bedrooms on second level! Lots of storage space & shared basement! Close to historic downtown Salem, Salem State, shopping, dining & easy access to highways!

Last Agent to Sell the Property

Listing Group

Lamacchia Realty, Inc. Listed on: 02/01/2012

Co-Listed By

Kristina Axon

Lamacchia Realty, Inc. License #449543755

Last Buyer's Agent

Paul Melkonian

Coldwell Banker Realty - Lynnfield License #448500833

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1890

Lot Details

  • Fenced

HOA Fees

  • $150 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Open Parking
  • Deeded Parking

Home Design

  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,528 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Bay Window
  • Combination Dining and Living Room
  • Home Office
  • Game Room

Kitchen

  • Range
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Bathtub

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Rain Gutters
  • Porch

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Thomas Carroll Elementary School
  • Collins Middle School
  • Salem High School

Utilities

  • Window Unit Cooling System
  • Heating System Uses Oil
  • Pellet Stove burns compressed wood to generate heat
  • Hot Water Heating System
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 4604996

Community Details

Overview

  • Association fees include water, sewer, insurance, snow removal
  • 2 Units
  • 21 Oakland St Condo Association Community

Amenities

  • Shops

Recreation

  • Park

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Year Built

Built in 1890

Lot Details

0

HOA Fees

$150 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: 2/3 Family
  • Year Built: 1890
  • Buyer Agency: 2.5%
  • Buyer Agency Type: %
  • Entry Level: 2
  • Transaction Broker: 2.5%
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • ResoPropertyType: Residential
  • Special Features: 12
  • Stories: 2

Interior Features

  • Flooring: Tile, Vinyl, Carpet, Hardwood, Flooring - Hardwood, Flooring - Wall to Wall Carpet
  • Interior Amenities: Closet, Living/Dining Rm Combo, Game Room, Office
  • Entry Location: Unit Placement(Upper)
  • Fireplace Features: Wood / Coal / Pellet Stove
  • Fireplace YN: Yes
  • Appliances: Range,Dishwasher,Refrigerator,Washer,Dryer, Gas Water Heater,Tank Water Heater
  • Total Bedrooms: 2
  • Room Bedroom2 Level: Second
  • Room Bedroom2 Features: Closet, Flooring - Wall to Wall Carpet
  • Room Bedroom2 Area: 165
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bathrooms: 1.5
  • Room Master Bedroom Features: Closet, Flooring - Hardwood
  • Room Master Bedroom Level: First
  • Room Master Bedroom Area: 156
  • Master Bathroom Features: No
  • Bathroom 1 Area: 30
  • Bathroom 1 Features: Bathroom - Full, Flooring - Stone/Ceramic Tile
  • Bathroom 1 Level: First
  • Bathroom 2 Level: Second
  • Bathroom 2 Area: 20
  • Bathroom 2 Features: Bathroom - With Tub, Flooring - Vinyl
  • Room Kitchen Level: First
  • Room Kitchen Features: Flooring - Vinyl, Pantry, Kitchen Island
  • Room Kitchen Area: 144
  • Laundry Features: In Unit
  • Room Office Level: Second
  • Room Office Area: 120
  • Room Office Features: Flooring - Wall to Wall Carpet
  • Living Area: 1528
  • Stories Total: 2
  • Window Features: Window(s) - Bay/Bow/Box
  • MAIN LO: AN2314
  • LIST PRICE PER Sq Ft: 75.26
  • PRICE PER Sq Ft: 75.26
  • MAIN SO: BB9278

Exterior Features

  • Exterior Features: Rain Gutters
  • Construction Materials: Frame
  • Fencing: Fenced
  • Patio And Porch Features: Porch
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage YN: No
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Detached, Deeded, Paved
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Window Unit(s)
  • Heating: Hot Water, Oil
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 150
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Park, Highway Access, Private School, Public School, T-Station, University
  • UNIT BUILDING: 2
  • MANAGEMENT: Owner Association
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Snow Removal

Lot Info

  • Parcel Number: 4604996
  • Zoning: R1
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.08
  • Lot Size Area: 0.08
  • Lot Size Sq Ft: 3484.8
  • Lot Size Units: Acres
  • LOT SIZE: 3616
  • PAGE: 2

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 2988.93
  • Tax Book Number: 26511

Multi Family

  • Number Of Units Total: 2
  • NO UNITS OWNER OCC: 2

MLS Schools

  • High School: Salem High
  • Elementary School: Thomas Carroll
  • Middle Or Junior School: Collins

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2012
Closed on
Nov 21, 2012
Sold by
Mclennan Andrea A
Bought by
Burke Joyce J
Seller's Agent
Listing Group
Lamacchia Realty, Inc.
Buyer's Agent
Paul Melkonian
Coldwell Banker Realty - Lynnfield
List Price
$115,000
Sold Price
$115,000
Current Estimated Value
$504,081

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$389,081
Avg. Annual Appreciation
12.33%
Original Mortgage
$86,250
Outstanding Balance
$61,162
Interest Rate
3.42%
Mortgage Type
New Conventional
Estimated Equity
$445,732

Purchase Details

Closed on
Jan 26, 2007
Sold by
Parsons Garrett R and Parsons Karolyn K
Bought by
Mclennan Andrea A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,000
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 3, 2006
Sold by
Parsons Garrett R and Parsons Linda S
Bought by
Parsons Garrett R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Burke Joyce J $115,000 --
Mclennan Andrea A $246,000 --
Parsons Garrett R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parsons Garrett R $86,250
Previous Owner Parsons Garrett R $246,000
Previous Owner Parsons Garrett R $188,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2012 11/21/12 Sold $115,000 0.0% $75 / Sq Ft
07/20/2012 07/20/12 Pending -- -- --
07/09/2012 07/09/12 For Sale $115,000 0.0% $75 / Sq Ft
06/29/2012 06/29/12 Pending -- -- --
06/20/2012 06/20/12 Price Changed $115,000 -8.0% $75 / Sq Ft
05/21/2012 05/21/12 Price Changed $125,000 -12.3% $82 / Sq Ft
04/13/2012 04/13/12 Price Changed $142,500 -8.1% $93 / Sq Ft
03/08/2012 03/08/12 Price Changed $155,000 -7.7% $101 / Sq Ft
02/01/2012 02/01/12 For Sale $167,900 -- $110 / 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 $4,336 $382,400 $0 $382,400
2024 $4,295 $369,600 $0 $369,600
2023 $4,136 $330,600 $0 $330,600
2022 $3,955 $298,500 $0 $298,500
2021 $3,783 $274,100 $0 $274,100
2020 $3,800 $263,000 $0 $263,000
2019 $3,781 $250,400 $0 $250,400
2018 $3,510 $228,200 $0 $228,200
2017 $3,442 $217,000 $0 $217,000
2016 $3,256 $207,800 $0 $207,800
2015 $3,259 $198,600 $0 $198,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71333572

MLS Property Information Network (MLS PIN)

APN: SALE-000017-000000-000112-000802-000802