NOT LISTED FOR SALE

Estimated Value: $318,000 - $384,000

2 Beds
1 Bath
615 Sq Ft
$581/Sq Ft Est. Value

Last Sold March 03, 2022

Last sale price $310,000 $504 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,269/month

Highlights

  • Marina
  • Property is near public transit
  • Jogging Path
  • Medical Services
  • No HOA
  • 2-minute walk to Swiniuch Park

About This Home

As of May 2024

LOCATION! Live just steps from Salem's famed Derby Street - close to downtown, the ocean, and more! Updated 2 bedroom, 1 bath condo with everything you need including PARKING, stainless steel appliances, and dishwasher! Hardwood floors, updated kitchen & bath, a dedicated/locked storage space and common laundry in basement round out the list of amazing perks. Rent includes HEAT, hot water, water/sewer, and snow removal. Ideal tenants looking to stay for a 14 month lease - July 1, 2024 until September 1, 2025 - with a 12 month lease going forward, but all applicants will be considered. Cats only, no dogs.

Last Agent to Rent the Property

Emily Gonzalez

The Proper Nest Real Estate Listed on: 04/15/2024

Last Renter's Agent

Emily Gonzalez

The Proper Nest Real Estate Listed on: 04/15/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,562

Year Built

  • Built in 1900

Lot Details

  • 4,382 Sq Ft Lot

Parking

  • 1 Car Parking Space

Home Design

  • 615 Sq Ft Home
  • Apartment

Kitchen

  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Security Deposit $2,400
  • Property Available on 6/1/24
  • Rent includes heat, hot water, water, sewer, trash collection, snow removal, gardener, extra storage, laundry facilities, parking
  • Assessor Parcel Number M:41 L:0040 S:801,4315858

Community Details

Overview

  • No Home Owners Association

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Marina
  • Park
  • Jogging Path
  • Bike Trail

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,562

Year Built

Built in 1900

Lot Details

0

Rental Info

  • Pets Allowed: Yes w/ Restrictions
  • Available Date: 2024-06-01
  • Lease Term: Term of Rental(12-15)
  • Available Now: No
  • Deposit Required: Yes
  • FIRST MON REQD: Yes
  • INSURANCE REQD: Yes
  • LAST MON REQD: No
  • REFERENCES REQD: Yes
  • SEC DEPOSIT: 2400

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Apartment
  • Year Built: 1900
  • Entry Level: 1
  • Year Round: Yes
  • CoOp Comp: 50%
  • ResoPropertyType: ResidentialLease
  • Special Features: None

Interior Features

  • Fireplace YN: No
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Range Hood
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Laundry Features: Common Area, In Building
  • Living Area: 615
  • Spa YN: No
  • MAIN LO: AN6899
  • LIST PRICE PER Sq Ft: 3.9
  • PRICE PER Sq Ft: 3.9
  • MAIN SO: AN6899

Exterior Features

  • Home Warranty YN: No
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Total Parking Spaces: 1

Utilities

  • Heating: Natural Gas, Forced Air
  • Cooling Y N: No
  • Heating YN: Yes

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, House of Worship, Marina, T-Station, University
  • Rent Includes: Heat, Hot Water, Water, Sewer, Trash Collection, Snow Removal, Gardener, Extra Storage, Laundry Facilities, Parking
  • Senior Community YN: No
  • UNIT BUILDING: 1

Lot Info

  • Parcel Number: M:41 L:0040 S:801,4315858
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 4382
  • Lot Size Units: Acres
  • Property Attached YN: Yes
  • ResoLotSizeUnits: Acres

Multi Family

  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2022
Closed on
Mar 3, 2022
Sold by
Williams Justin M
Bought by
Miller Kim and Pedonti Carron
Seller's Agent
Melissa Weinand
William Raveis R.E. & Home Services
Buyer's Agent
Melissa Weinand
William Raveis R.E. & Home Services
Sold Price
$2,000
Current Estimated Value
$357,024

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$355,024
Avg. Annual Appreciation
3.79%
Original Mortgage
$232,500
Outstanding Balance
$218,654
Interest Rate
3.69%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$132,668

Purchase Details

Listed on
Aug 17, 2012
Closed on
Nov 2, 2012
Sold by
Hsbc Bank Usa Na
Bought by
Williams Justin M
Seller's Agent
George Meimeteas
Real Estate and Company
Buyer's Agent
Donna Lambert
Churchill Properties
List Price
$102,600
Sold Price
$98,800
Premium/Discount to List
-$3,800
-3.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.02%
Original Mortgage
$93,860
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 17, 2012
Closed on
Oct 12, 2012
Sold by
Cruz Brenda M
Bought by
Phh Alternative Mtg T2 and Hsbc Bank Usa Na
Seller's Agent
George Meimeteas
Real Estate and Company
Buyer's Agent
Donna Lambert
Churchill Properties
List Price
$102,600
Sold Price
$98,800
Premium/Discount to List
-$3,800
-3.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,860
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 31, 2001
Sold by
Sea Gate Condo Trust
Bought by
Broughton Brenda M
Source: Public Records

Range of Values:

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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
Miller Kim $310,000 None Available
Williams Justin M $98,800 --
Phh Alternative Mtg T2 $106,500 --
Broughton Brenda M $159,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller Kim $232,500
Previous Owner Williams Justin M $120,000
Previous Owner Broughton Brenda M $93,860
Previous Owner Broughton Brenda M $164,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2024 05/28/24 Rented $2,400 0.0% --
04/15/2024 04/15/24 For Rent $2,400 +20.0% --
03/22/2022 03/22/22 Rented $2,000 0.0% --
03/21/2022 03/21/22 For Rent $2,000 0.0% --
03/18/2022 03/18/22 Off Market $2,000 -- --
03/04/2022 03/04/22 For Rent $2,000 0.0% --
03/03/2022 03/03/22 Sold $310,000 +10.8% $441 / Sq Ft
01/26/2022 01/26/22 Pending -- -- --
01/19/2022 01/19/22 For Sale $279,900 +183.3% $398 / Sq Ft
11/02/2012 11/02/12 Sold $98,800 -3.7% $161 / Sq Ft
09/15/2012 09/15/12 Pending -- -- --
08/17/2012 08/17/12 For Sale $102,600 -- $167 / 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 $3,562 $314,100 $0 $314,100
2024 $3,495 $300,800 $0 $300,800
2023 $3,216 $257,100 $0 $257,100
2022 $3,038 $229,300 $0 $229,300
2021 $2,851 $206,600 $0 $206,600
2020 $2,811 $194,500 $0 $194,500
2019 $2,747 $181,900 $0 $181,900
2018 $2,644 $171,900 $0 $171,900
2017 $2,588 $163,200 $0 $163,200
2016 $2,426 $154,800 $0 $154,800
2015 $2,406 $146,600 $0 $146,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73224093

MLS Property Information Network (MLS PIN)

APN: SALE-000041-000000-000040-000801-000801