NOT LISTED FOR SALE

Estimated Value: $923,680 - $1,186,000

3 Beds
4 Baths
2,912 Sq Ft
1980 Built

Last Sold August 29, 2016

Last sale price $599,500 $206 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $6,070/month

69 Days on Market

About This Home

As of August 2016

Aggressive new Price! It's not likely you will find a Harbor Front Single Family home with 2912+- sq ft of living space at this price. "Direct Harbor Front" Tri-Level, End Unit w/ 10 rms/ 3 bdrms/ 3 ½ baths & Private Entrance. There's no denying that Collins Cove Condominiums is one of Salem's most prestigious locations. Harbor Front Liv Rm, fire place, sliders to private deck (10x20) on the Harbor & Fam Rm/Library (or Master Bdrm Suite w/ private bath on main level). Gourmet kitchen. 2 generous sized bedrooms on 2nd level. Finished lower level with 3rd bedroom, kitchen/wet bar, living/media rm, office & show stopping, slate bathroom w/ slate walk in shower. Lower level is ideal for extended family or roommate w/ private entrance. Deeded 1 car garage & pkg in front of garage for 1 extra car. A tremendous location & close to downtown Salem,Train stop, Salem Willows, Pickering Wharf & Salem Common. Community Club House & Dock. Pets ok w/ restrictions to some breeds.

Last Agent to Sell the Property

Gary Blattberg

RE/MAX Beacon Listed on: 05/12/2016

RE/MAX Beacon

Last Buyer's Agent

Elaine Clarke

Sagan Harborside Sotheby's International Realty License #449515534

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,300

Year Built

1980

Lot Details

0

Listing Details

  • Unit Level: 1
  • Unit Placement: End, Walkout, Garden
  • Property Type: Condominium/Co-Op
  • Other Agent: 1.00
  • Lead Paint: Unknown
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1980

Interior Features

  • Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer, Vacuum System
  • Fireplaces: 1
  • Has Basement: Yes
  • Fireplaces: 1
  • Number of Rooms: 10
  • Amenities: Public Transportation, Shopping, Swimming Pool, Tennis Court, Park, Walk/Jog Trails, Golf Course, Medical Facility, Bike Path, House of Worship, Public School, T-Station, University
  • Electric: Circuit Breakers, 200 Amps
  • Energy: Insulated Windows, Storm Windows, Insulated Doors
  • Flooring: Wood, Tile, Wall to Wall Carpet, Hardwood, Stone / Slate
  • Insulation: Fiberglass, Cellulose - Sprayed
  • Interior Amenities: Security System, Cable Available
  • Bedroom 2: Second Floor, 14X10
  • Bedroom 3: Basement, 15X11
  • Bathroom #1: First Floor
  • Bathroom #2: Second Floor
  • Bathroom #3: Basement
  • Kitchen: First Floor, 13X11
  • Laundry Room: Second Floor
  • Living Room: First Floor, 18X15
  • Master Bedroom: Second Floor, 17X15
  • Master Bedroom Description: Bathroom - Full, Ceiling Fan(s), Closet, Closet/Cabinets - Custom Built, Flooring - Wall to Wall Carpet, Flooring - Marble, Window(s) - Picture, Recessed Lighting, Remodeled
  • Dining Room: First Floor, 13X9
  • Family Room: First Floor, 19X15
  • Oth1 Room Name: Bathroom
  • Oth1 Dscrp: Bathroom - Half, Flooring - Stone/Ceramic Tile, Flooring - Marble
  • Oth1 Level: First Floor
  • Oth2 Room Name: Kitchen
  • Oth2 Dimen: 11X10
  • Oth2 Dscrp: Flooring - Hardwood, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Cabinets - Upgraded, Cable Hookup, Exterior Access, Recessed Lighting, Remodeled, Second Dishwasher
  • Oth2 Level: Basement
  • Oth3 Room Name: Living/Dining Rm Combo
  • Oth3 Dimen: 17X11
  • Oth3 Dscrp: Flooring - Hardwood, Recessed Lighting
  • Oth3 Level: Basement
  • Oth4 Room Name: Office
  • Oth4 Dscrp: Closet
  • Oth4 Level: Basement
  • No Living Levels: 3

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Waterfront Property: Yes
  • Construction: Frame
  • Exterior: Clapboard, Wood
  • Exterior Unit Features: Deck, Deck - Wood, Garden Area, Gutters, Professional Landscaping, Sprinkler System
  • Waterfront: Ocean, Bay, Harbor, Dock/Mooring, Frontage, Walk to, Access, Navigable, Public
  • Beach Ownership: Public
  • Waterview Flag: Yes

Garage/Parking

  • Garage Parking: Detached, Garage Door Opener, Storage, Deeded
  • Garage Spaces: 1
  • Parking: Off-Street, Common, Guest, Improved Driveway, Paved Driveway
  • Parking Spaces: 2

Utilities

  • Cooling: Central Air, Heat Pump, Individual
  • Heating: Forced Air, Heat Pump, Electric, Individual, Unit Control
  • Cooling Zones: 1
  • Heat Zones: 1
  • Hot Water: Electric, Tank
  • Utility Connections: for Electric Range, for Electric Dryer
  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Sewage District: SESD

Condo/Co-op/Association

  • Condominium Name: Collins Cove-Salem Condominiums
  • Association Fee Includes: Water, Sewer, Master Insurance, Exterior Maintenance, Road Maintenance, Landscaping, Snow Removal, Clubroom, Dock/Mooring, Reserve Funds
  • Management: Owner Association
  • Pets Allowed: Yes w/ Restrictions
  • No Units: 36
  • Unit Building: 21

Fee Information

  • Fee Interval: Monthly

Lot Info

  • Assessor Parcel Number: M:42 L:0005 S:821
  • Zoning: Res

Multi Family

  • Sq Ft Incl Bsmt: Yes
  • Waterview: Bay, Harbor, Ocean, Walk to

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2016
Closed on
Aug 29, 2016
Sold by
Tierney John F and Tierney Patrice M
Bought by
Peterson Robert J and Peterson Valerie S
Seller's Agent
Gary Blattberg
RE/MAX Beacon
Buyer's Agent
Elaine Clarke
Sagan Harborside Sotheby's International Realty
List Price
$679,000
Sold Price
$599,500
Premium/Discount to List
-$79,500
-11.71%
Current Estimated Value
$1,002,670

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$403,170
Avg. Annual Appreciation
5.48%
Original Mortgage
$417,000
Outstanding Balance
$338,352
Interest Rate
3.42%
Mortgage Type
New Conventional
Estimated Equity
$634,542

Purchase Details

Closed on
Sep 26, 2003
Sold by
Keller Barrett J and Clark Darryll L
Bought by
Tierney John F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 24, 1996
Sold by
Pearl James B
Bought by
Clark Darryll L and Keller Barrett J

Purchase Details

Closed on
Jun 5, 1987
Sold by
Collins Cv Assoc Lp
Bought by
Pearl James B
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
Peterson Robert J $599,500 --
Tierney John F $550,000 --
Clark Darryll L $185,000 --
Pearl James B $213,106 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peterson Robert J $417,000
Previous Owner Pearl James B $200,000
Previous Owner Pearl James B $198,000
Previous Owner Pearl James B $165,000
Previous Owner Pearl James B $14,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2016 08/29/16 Sold $599,500 -0.1% $206 / Sq Ft
07/20/2016 07/20/16 Pending -- -- --
07/08/2016 07/08/16 Price Changed $599,900 -4.2% $206 / Sq Ft
06/23/2016 06/23/16 Price Changed $625,900 -2.2% $215 / Sq Ft
06/07/2016 06/07/16 Price Changed $639,900 -1.5% $220 / Sq Ft
05/25/2016 05/25/16 Price Changed $649,900 -4.3% $223 / Sq Ft
05/12/2016 05/12/16 For Sale $679,000 -- $233 / 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 $9,300 $820,100 $0 $820,100
2024 $9,239 $795,100 $0 $795,100
2023 $8,785 $702,200 $0 $702,200
2022 $8,630 $651,300 $0 $651,300
2021 $8,988 $651,300 $0 $651,300
2020 $9,589 $663,600 $0 $663,600
2019 $8,873 $587,600 $0 $587,600
2018 $8,493 $552,200 $0 $552,200
2017 $8,158 $514,400 $0 $514,400
2016 $7,272 $464,100 $0 $464,100
2015 $7,578 $461,800 $0 $461,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72004649

MLS Property Information Network (MLS PIN)

APN: SALE-000042-000000-000005-000821-000821