NOT LISTED FOR SALE

Estimated Value: $486,000 - $515,000

3 Beds
1 Bath
1,230 Sq Ft
$406/Sq Ft Est. Value

Last Sold January 12, 2024

Last sale price $470,000 $382 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,343/month

4 Days on Market

Highlights

  • Property is near public transit
  • Home Office
  • Park
  • Wood Flooring
  • Jogging Path
  • 3-minute walk to Swiniuch Park

About This Home

As of January 2024

With the perfect downtown location, just off historic Derby Street and steps from the harbor, this 3+BR, 1BA condo means fun downtown living. Dine out, grab coffee or a beer, and visit Salem Common all within a block. Enter into a sunny living room with tall windows, original pine floors, and plenty of charm. The eat-in-kitchen, full bath, laundry, and home office complete this level. Upstairs are three spacious bedrooms with vaulted ceilings and a pretty landing with skylights and plenty of additional storage. Newer heating system and low condo fees make this purchase a great value! Tons of additional parking and spaces for snow emergencies only 500 feet away at the Salem Ferry lot. Move-in-ready so you can enjoy the holidays in your new home!

Last Listed By

Merry Fox Team

MerryFox Realty Listed on: 11/15/2023

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,318

Year Built

  • Built in 1880

Lot Details

  • 4,312

HOA Fees

  • $163 Monthly HOA Fees

Home Design

  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,230 Sq Ft Home
  • 2-Story Property
  • Insulated Windows
  • Home Office
  • Range
  • Basement

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on third floor
  • 1 Full Bathroom

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Parking

  • On-Street Parking
  • Open Parking

Location

  • Property is near public transit

Utilities

  • No Cooling
  • 2 Heating Zones
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • 100 Amp Service

Listing and Financial Details

  • Legal Lot and Block 803 / 0066
  • Assessor Parcel Number 410066803

Community Details

Overview

  • Association fees include water, sewer, insurance, reserve funds
  • 4 Units

Amenities

  • Common Area
  • Shops

Recreation

  • Park
  • Jogging Path
  • Bike Trail

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,318

Year Built

Built in 1880

Lot Details

0

HOA Fees

$163 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Townhouse
  • Year Built: 1880
  • Buyer Agency: 2
  • Entry Level: 2
  • Transaction Broker: 2
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Wood, Tile
  • Interior Amenities: Home Office
  • Entry Location: Unit Placement(Upper)
  • Fireplace YN: No
  • Appliances: Range,Refrigerator,Washer,Dryer
  • Total Bedrooms: 3
  • Room Bedroom2 Level: Third
  • Room Bedroom3 Level: Third
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Level: Third
  • Bathroom 1 Features: Bathroom - Full
  • Bathroom 1 Level: Second
  • Room Kitchen Level: Second
  • Laundry Features: Second Floor, In Unit
  • Room Living Room Level: Second
  • Room Office Level: Second
  • Basement: Y
  • Living Area: 1230
  • Spa YN: No
  • Stories Total: 2
  • Window Features: Insulated Windows
  • MAIN LO: C95279
  • LIST PRICE PER Sq Ft: 365.04
  • PRICE PER Sq Ft: 382.11
  • MAIN SO: AN8279
  • Insulation: Unknown

Exterior Features

  • Construction Materials: Frame
  • Home Warranty YN: No
  • Roof: Shingle
  • Waterfront Features: Beach Front, Harbor, Ocean, 1/10 to 3/10 To Beach, Beach Ownership(Public)
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: On Street

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Baseboard, Natural Gas
  • Cooling Y N: No
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 2
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Association Fee: 163
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Bike Path
  • Senior Community YN: No
  • UNIT BUILDING: B
  • MANAGEMENT: Owner Association
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Reserve Funds

Lot Info

  • Parcel Number: 410066803
  • Zoning: R2
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • PAGE: 531
  • OUTDOOR SPACE AVAILABLE: Yes - Common
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 4318
  • Tax Block: 0066
  • Tax Book Number: 36069
  • Tax Lot: 803
  • Tax Map Number: 41

Multi Family

  • Number Of Units Total: 4
  • Basement Included Sq Ft: No
  • NO UNITS OWNER OCC: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2023
Closed on
Jan 12, 2024
Sold by
Hardcastle Devon T and Libby Daniel M
Bought by
Robison Paige
Seller's Agent
Merry Fox Team
MerryFox Realty
Buyer's Agent
The Barnes Team
RE/MAX Bentley's
List Price
$449,000
Sold Price
$470,000
Premium/Discount to List
$21,000
4.68%
Total Days on Market
4
Views
80
Current Estimated Value
$498,989

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,989
Avg. Annual Appreciation
4.10%
Original Mortgage
$376,000
Outstanding Balance
$371,383
Interest Rate
7.22%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$125,038

Purchase Details

Listed on
May 30, 2017
Closed on
Aug 1, 2017
Sold by
Sullivan Timothy M
Bought by
Libby Daniel M and Tyler-Hardcastle Devon
Seller's Agent
Jerald Tache
Tache Real Estate, Inc.
Buyer's Agent
Dan Fox
MerryFox Realty
List Price
$249,900
Sold Price
$255,000
Premium/Discount to List
$5,100
2.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.94%
Original Mortgage
$242,250
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 20, 2007
Sold by
Sintra Group Llc
Bought by
Sullivan Timothy Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage

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
Robison Paige $470,000 None Available
Libby Daniel M $255,000 --
Sullivan Timothy Michael $202,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Robison Paige $376,000
Previous Owner Hardcastle Devon T $234,000
Previous Owner Libby Daniel M $242,250
Previous Owner Sullivan Timothy Michael $154,300
Previous Owner Sullivan Timothy Michael $162,000
Previous Owner Sullivan Timothy Michael $40,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2024 01/12/24 Sold $470,000 +4.7% $382 / Sq Ft
11/20/2023 11/20/23 Pending -- -- --
11/15/2023 11/15/23 For Sale $449,000 +76.1% $365 / Sq Ft
08/01/2017 08/01/17 Sold $255,000 +2.0% $207 / Sq Ft
06/07/2017 06/07/17 Pending -- -- --
05/30/2017 05/30/17 For Sale $249,900 -- $203 / 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 $4,640 $409,200 $0 $409,200
2024 $4,503 $387,500 $0 $387,500
2023 $4,318 $345,200 $0 $345,200
2022 $3,991 $301,200 $0 $301,200
2021 $3,885 $281,500 $0 $281,500
2020 $3,678 $254,500 $0 $254,500
2019 $3,624 $240,000 $0 $240,000
2018 $3,119 $202,800 $0 $202,800
2017 $2,958 $186,500 $0 $186,500
2016 $2,777 $177,200 $0 $177,200
2015 $2,908 $177,200 $0 $177,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73180712

MLS Property Information Network (MLS PIN)

APN: SALE-000041-000000-000066-000803-000803