NOT LISTED FOR SALE

Estimated Value: $387,000 - $439,815

2 Beds
1 Bath
830 Sq Ft
$200/mo HOA Fee

Last Sold February 24, 2023

Last sale price $365,000 $440 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,789/month

6 Days on Market

Highlights

  • Marina
  • Medical Services
  • Fireplace in Primary Bedroom
  • Golf Course Community
  • Waterfront
  • 4-minute walk to Collins Cove Park

About This Home

As of February 2023

Location, charm and many dashes of historic flair (like pine floors, exposed brick and 3 fireplaces) make this second floor home a triple threat. Nestled in the heart of downtown Salem, near the Common, Derby and Pickering Wharves and Collins Cove Beach, this delightful and move-in ready 2-bedroom condo features a large living room and renovated kitchen with granite countertops, new cabinetry (sink, light fixtures and oven hood, too), roomy island, and new fridge plus a fabulous tin ceiling. The recently updated bathroom (everything but the tub!) features plenty of natural light and has ample storage space. Enjoy the convenience of dedicated laundry facilities in the basement and dedicated off-street parking. Take advantage of easy access to the walking path off Collins Cove, a plethora of restaurants and cafes in Salem and nearby Beverly. If you want to go further afield, the commuter train and fast ferry are only 10 minutes away.

Last Listed By

Nancy Peterson

J. Barrett & Company Listed on: 01/17/2023

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,485

Year Built

  • Built in 1809

Lot Details

  • Waterfront
  • Near Conservation Area

HOA Fees

  • $200 Monthly HOA Fees

Home Design

  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 830 Sq Ft Home
  • 1-Story Property
  • Decorative Lighting
  • Light Fixtures
  • Insulated Windows
  • Living Room with Fireplace
  • 3 Fireplaces

Kitchen

  • Stove
  • Range with Range Hood
  • Plumbed For Ice Maker
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Pine Flooring
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary bedroom located on second floor
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Basement

  • Exterior Basement Entry
  • Laundry in Basement

Parking

  • 1 Car Parking Space
  • Off-Street Parking

Outdoor Features

  • Patio

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Collins Middle School
  • Salem High School

Utilities

  • No Cooling
  • 1 Heating Zone
  • Heating System Uses Oil
  • Baseboard Heating
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number M:35 L:0580 S:802,2137079

Community Details

Overview

  • Association fees include electricity, water, sewer, insurance, maintenance structure, ground maintenance, snow removal
  • 4 Units
  • Mid-Rise Condominium
  • 21 Pickman St/ 16 Spring St Condo Trust Community

Amenities

  • Medical Services
  • Common Area
  • Shops
  • Laundry Facilities

Recreation

  • Marina
  • Golf Course Community
  • Park

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,485

Year Built

Built in 1809

Lot Details

0

HOA Fees

$200 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Mid-Rise
  • Year Built: 1809
  • Buyer Agency: 2
  • Entry Level: 2
  • Transaction Broker: 1
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Gross/Full Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Wood, Tile, Pine
  • Entry Location: Unit Placement(Upper,Front)
  • Fireplace Features: Living Room, Master Bedroom
  • Fireplace YN: Yes
  • Fireplaces: 3
  • Appliances: Range,Dishwasher,Disposal,Refrigerator,Washer,Dryer,Range Hood, Gas Water Heater, Plumbed For Ice Maker, Utility Connections for Gas Range, Utility Connections for Electric Dryer
  • Total Bedrooms: 2
  • Room Bedroom2 Level: Second
  • Room Bedroom2 Features: Closet, Flooring - Wood, Lighting - Overhead
  • Room Bedroom2 Area: 110.736111
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Features: Closet, Flooring - Wood
  • Room Master Bedroom Level: Second
  • Room Master Bedroom Area: 182.1875
  • Master Bathroom Features: No
  • Bathroom 1 Area: 41.333333
  • Bathroom 1 Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower, Closet, Flooring - Stone/Ceramic Tile, Lighting - Sconce
  • Bathroom 1 Level: Second
  • Room Kitchen Level: Second
  • Room Kitchen Features: Flooring - Wood, Pantry, Countertops - Stone/Granite/Solid, Kitchen Island, Exterior Access, Gas Stove, Lighting - Overhead
  • Room Kitchen Area: 188.722222
  • Laundry Features: In Basement, In Building, Washer Hookup
  • Room Living Room Level: Second
  • Room Living Room Area: 215.3125
  • Room Living Room Features: Flooring - Wood
  • Basement: Y
  • Living Area: 830
  • Stories Total: 1
  • Window Features: Insulated Windows
  • MAIN LO: C95243
  • LIST PRICE PER Sq Ft: 408.43
  • PRICE PER Sq Ft: 439.76
  • MAIN SO: AN0992

Exterior Features

  • Common Walls: Corner
  • Construction Materials: Frame
  • Home Warranty YN: No
  • Patio And Porch Features: Patio
  • Roof: Shingle
  • Waterfront Features: Beach Front, Bay, Ocean, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Dryer, Washer Hookup, Icemaker Connection
  • Cooling: None
  • Heating: Baseboard, Oil
  • Cooling Y N: No
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 1
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Association Fee: 200.28
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Park, Golf, Medical Facility, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University
  • Senior Community YN: No
  • UNIT BUILDING: 2
  • MANAGEMENT: Owner Association
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Lot Info

  • Parcel Number: M:35 L:0580 S:802,2137079
  • Zoning: RB
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Property Attached YN: Yes
  • PAGE: 52
  • OUTDOOR SPACE AVAILABLE: Yes - Common
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3485
  • Tax Book Number: 33435

Multi Family

  • Number Of Units Total: 4
  • Basement Included Sq Ft: No
  • NO UNITS OWNER OCC: 4

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2023
Closed on
Feb 24, 2023
Sold by
Eichhorn Melinda S
Bought by
Fadden Kerri A
Seller's Agent
Nancy Peterson
J. Barrett & Company
Buyer's Agent
Bianca Garcia
Berkshire Hathaway HomeServices Verani Realty
List Price
$339,000
Sold Price
$365,000
Premium/Discount to List
$26,000
7.67%
Total Days on Market
6
Views
137
Current Estimated Value
$408,454

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,454
Avg. Annual Appreciation
7.64%
Original Mortgage
$346,750
Outstanding Balance
$338,484
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$91,618

Purchase Details

Listed on
Apr 23, 2014
Closed on
Jul 28, 2014
Sold by
Griffin Margaret A
Bought by
Eichhorn Melinda S
Seller's Agent
Merry Fox Team
MerryFox Realty
Buyer's Agent
Lorna Zizza
Lorna Zizza
List Price
$209,000
Sold Price
$199,000
Premium/Discount to List
-$10,000
-4.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.33%
Original Mortgage
$179,100
Interest Rate
4.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 8, 1989
Sold by
Kewinski John
Bought by
Griffin Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,800
Interest Rate
9.72%
Mortgage Type
Purchase Money Mortgage

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
Fadden Kerri A $365,000 None Available
Eichhorn Melinda S $199,000 --
Griffin Margaret $112,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fadden Kerri A $346,750
Previous Owner Eichhorn Melinda S $179,100
Previous Owner Griffin Margaret $100,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2023 02/24/23 Sold $365,000 +7.7% $440 / Sq Ft
01/24/2023 01/24/23 Pending -- -- --
01/17/2023 01/17/23 For Sale $339,000 +70.4% $408 / Sq Ft
07/28/2014 07/28/14 Sold $199,000 0.0% $240 / Sq Ft
07/07/2014 07/07/14 Pending -- -- --
05/29/2014 05/29/14 Off Market $199,000 -- --
05/01/2014 05/01/14 Price Changed $208,900 0.0% $252 / Sq Ft
04/23/2014 04/23/14 For Sale $209,000 -- $252 / 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 $3,886 $342,700 $0 $342,700
2024 $3,796 $326,700 $0 $326,700
2023 $3,578 $286,000 $0 $286,000
2022 $3,485 $263,000 $0 $263,000
2021 $3,381 $245,000 $0 $245,000
2020 $3,292 $227,800 $0 $227,800
2019 $3,206 $212,300 $0 $212,300
2018 $3,116 $202,600 $0 $202,600
2017 $3,137 $197,800 $0 $197,800
2016 $2,979 $190,100 $0 $190,100
2015 $2,695 $164,200 $0 $164,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73071183

MLS Property Information Network (MLS PIN)

APN: SALE-000035-000000-000580-000802-000802