NOT LISTED FOR SALE

Estimated Value: $401,000 - $514,000

2 Beds
1 Bath
865 Sq Ft
5,009 Sq Ft Lot

Last Sold May 02, 2017

Last sale price $329,000 $380 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $2,817/month

85 Days on Market

About This Home

As of May 2017

The sight and soft breezes of the welcoming ocean are only the beginning of the Urban Chic and Old World Charm of South Salem's newest condominium residence! This two bedroom unit boasts high ceilings, rich hardwood floors and large windows that fill the unit with total sunlight. The living/dining combination is spacious and open, adjacent to the newly-renovated chic urban kitchen with stainless appliances, recessed lighting, custom wood shelving, and abundant flannel-grey colored countertops for prepping and entertaining. The custom bath features an upscale seafoam green tiled shower and fabulous stone floor. Both bedrooms have generous closet space, and the Master features beautiful exposed brick. In-unit laundry, two car off-street parking, private basement storage and a beautiful yard to enjoy complete this special property. Easy access to the abundance of all Salem has to offer.

Last Agent to Sell the Property

Denise Johnson

Coldwell Banker Realty - Marblehead Listed on: 12/01/2016

Coldwell Banker Realty - Marblehead

Last Buyer's Agent

Amy Weed

Coldwell Banker Realty - Marblehead License #449588341

Coldwell Banker Realty - Marblehead

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,973

Year Built

1890

Lot Details

0

Listing Details

  • Unit Level: 2
  • Unit Placement: Middle, Corner
  • Property Type: Condominium/Co-Op
  • Lead Paint: Unknown
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1890

Interior Features

  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
  • Has Basement: Yes
  • Number of Rooms: 5
  • Amenities: Public Transportation, Shopping, Swimming Pool, Tennis Court, Park, Walk/Jog Trails, Medical Facility, House of Worship, T-Station
  • Electric: Circuit Breakers
  • Energy: Storm Windows
  • Flooring: Hardwood, Stone / Slate
  • Insulation: Mixed
  • Bedroom 2: Second Floor
  • Kitchen: Second Floor
  • Laundry Room: Second Floor
  • Living Room: Second Floor
  • Master Bedroom: Second Floor
  • Master Bedroom Description: Closet, Flooring - Hardwood, Window(s) - Bay/Bow/Box
  • Dining Room: Second Floor
  • No Living Levels: 1

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Asbestos
  • Exterior Unit Features: Patio, Garden Area
  • Beach Ownership: Public

Garage/Parking

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

Utilities

  • Heating: Oil, Hot Water Radiators
  • Heat Zones: 3
  • Hot Water: Electric
  • Utility Connections: for Electric Range, for Electric Dryer, Washer Hookup
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Condominium Name: 21 Ocean Avenue Condominium
  • Association Fee Includes: Water, Sewer, Master Insurance, Landscaping, Snow Removal, Reserve Funds
  • Management: Owner Association
  • Pets Allowed: Yes w/ Restrictions
  • No Units: 3
  • Unit Building: 2

Lot Info

  • Zoning: R1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2016
Closed on
May 2, 2017
Sold by
Burns Patricia E
Bought by
Hoch Karen
Seller's Agent
Denise Johnson
Coldwell Banker Realty - Marblehead
Buyer's Agent
Amy Weed
Coldwell Banker Realty - Marblehead
List Price
$329,000
Sold Price
$329,000
Current Estimated Value
$458,307

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,307
Avg. Annual Appreciation
3.93%
Original Mortgage
$312,550
Outstanding Balance
$261,337
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$196,970
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
Hoch Karen $329,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoch Karen $312,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/02/2017 05/02/17 Sold $329,000 0.0% $380 / Sq Ft
02/24/2017 02/24/17 Pending -- -- --
12/01/2016 12/01/16 For Sale $329,000 -- $380 / 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 $4,973 $438,500 $0 $438,500
2024 $4,854 $417,700 $0 $417,700
2023 $5,139 $410,800 $0 $410,800
2022 $4,974 $375,400 $0 $375,400
2021 $4,895 $354,700 $0 $354,700
2020 $4,826 $334,000 $0 $334,000
2019 $4,572 $302,800 $0 $302,800
2018 $4,123 $268,100 $0 $268,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72097753

MLS Property Information Network (MLS PIN)

APN: 33-0689-802