$310,000
SOLD MAR 3, 2022
2 Beds
1 Bath
703 Sq Ft
$187/mo HOA Fee

Recently Sold

$441 Per Sq Ft

11% Above List Price

6 Days on Market

Highlights

  • Marina
  • Deck
  • Wood Flooring
  • Waterfront
  • Property is near public transit
  • 2-minute walk to Swiniuch Park

About This Home

As of March 2022

Here is your opportunity to live Only steps from the waterfront, the Ferry to Boston, downtown Salem and Pickering Wharf. Located just off of Essex St, This first floor unit offers hardwood floors, high ceilings,Updated Large eat in kitchen with new cabinets, Quartz countertops, Hardwood floors, new Appliances, updated bathroom and two bedrooms--PLUS a bonus entryway that can serve as your own Home Office!! An Independent Complex of only 6 units is Pet Friendly allowing ( 1 dog and 2 cats/ per unit. Amenities include an outdoor area on the deck, locked basement storage, and laundry in the building, Owners have one assigned parking spot with 2 additional City of Salem parking permits. LOW Condo Fee of $187.00 that INCLUDES HEAT. There is a healthy condo reserve. You can enjoy all that Salem has to offer including the MBTA, Historic Common, Restaurants and Shops!

Last Agent to Sell the Property

Donna Lambert

Churchill Properties Listed on: 01/19/2022

Last Buyer's Agent

Melissa Weinand

William Raveis R.E. & Home Services

William Raveis R.E. & Home Services

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,038

Year Built

  • Built in 1900 | Remodeled

Lot Details

  • Waterfront
  • End Unit

HOA Fees

  • $187 Monthly HOA Fees

Home Design

  • Garden Home
  • Frame Construction
  • Rubber Roof

Interior Spaces

  • 703 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Recessed Lighting
  • Fireplace
  • Dining Area

Kitchen

  • Stove
  • Range<<rangeHoodToken>>
  • Dishwasher
  • Stainless Steel Appliances
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • <<tubWithShowerToken>>

Basement

  • Exterior Basement Entry
  • Laundry in Basement

Parking

  • 1 Car Parking Space
  • Off-Street Parking

Outdoor Features

  • Deck
  • Covered patio or porch

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • 1 Heating Zone
  • Heating System Uses Natural Gas
  • Individual Controls for Heating
  • Baseboard Heating
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number M:41 L:0040 S:801,4315861

Community Details

Overview

  • Association fees include heat, water, sewer, insurance, maintenance structure, snow removal, reserve funds
  • 6 Units

Amenities

  • Common Area
  • Shops
  • Coin Laundry

Recreation

  • Marina
  • Tennis Courts
  • Park
  • Jogging Path

Pet Policy

  • Breed Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,038

Year Built

Built in 1900 | Remodeled

Lot Details

0

HOA Fees

$187 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Garden
  • Year Built: 1900
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Entry Level: 1
  • Transaction Broker: 1
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Wood, Tile
  • Entry Location: Unit Placement(Ground,Walkout,Garden)
  • Fireplace YN: Yes
  • Appliances: Range,Dishwasher,Disposal,Refrigerator, Gas Water Heater, Utility Connections for Gas Range
  • Total Bedrooms: 2
  • Room Bedroom2 Level: Main
  • Room Bedroom2 Features: Ceiling Fan(s), Closet, Flooring - Hardwood
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Room Master Bedroom Features: Ceiling Fan(s), Closet, Flooring - Hardwood
  • Room Master Bedroom Level: Main
  • Bathroom 1 Features: Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile
  • Bathroom 1 Level: Main
  • Room Kitchen Level: Main
  • Room Kitchen Features: Bathroom - Full, Ceiling Fan(s), Flooring - Hardwood, Dining Area, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Cabinets - Upgraded, Exterior Access, Recessed Lighting, Remodeled, Stainless Steel Appliances, Gas Stove
  • Laundry Features: In Basement, Common Area, In Building
  • Room Living Room Level: Main
  • Room Living Room Features: Flooring - Hardwood
  • Accessibility Features: No
  • Living Area: 703
  • Stories Total: 1
  • MAIN LO: AN4851
  • LIST PRICE PER Sq Ft: 398.15
  • PRICE PER Sq Ft: 440.97
  • MAIN SO: M59500

Exterior Features

  • Common Walls: End Unit
  • Construction Materials: Frame
  • Home Warranty YN: No
  • Patio And Porch Features: Deck - Wood, Covered
  • Roof: Rubber
  • Waterfront Features: Beach Front, Ocean, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: Yes

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Cooling: None
  • Heating: Baseboard, Natural Gas, Common, Unit Control
  • Cooling Y N: No
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • SEWAGE DISTRICT: SESD
  • HEAT ZONES: 1

Condo/Co-op/Association

  • Association Fee: 187
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Laundromat, Marina, Public School, T-Station
  • Senior Community YN: No
  • UNIT BUILDING: 1
  • MANAGEMENT: Owner Association
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Water, Sewer, Insurance, Maintenance Structure, Snow Removal, Reserve Funds

Lot Info

  • Parcel Number: M:41 L:0040 S:801,4315861
  • Zoning: R2
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.1
  • Lot Size Area: 0.1
  • Lot Size Sq Ft: 4356
  • Lot Size Units: Acres
  • LOT SIZE: 4382
  • PAGE: 59
  • OUTDOOR SPACE AVAILABLE: Yes - Common

Rental Info

  • Pets Allowed: Breed Restrictions

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3038.23
  • Tax Book Number: 31883

Multi Family

  • Number Of Units Total: 6
  • NO UNITS OWNER OCC: 6

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

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Not Resolvable $310,000 None Available
Not Resolvable $98,800 --
Foreclosure Deed $106,500 --
Deed $159,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $232,500 Purchase Money Mortgage
Previous Owner $120,000 Credit Line Revolving
Previous Owner $93,860 New Conventional
Previous Owner $164,000 No Value Available
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: 72935301

MLS Property Information Network (MLS PIN)

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