NOT LISTED FOR SALE

Estimated Value: $314,000 - $358,000

2 Beds
1 Bath
615 Sq Ft
$187/mo HOA Fee

Last Sold February 02, 2024

Last sale price $320,000 $520 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,364/month

4 Days on Market

Highlights

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

About This Home

As of February 2024

Due to limited parking, Open House will be by appointment only for qualified buyers! Contact listing agent for availability. Happy Holidays and Welcome to Sea Gate Condominium, located mere steps from Salem’s historic waterfront! This 2-bedroom, 1 bath, pet friendly condominium features hardwood floors throughout, high ceilings, a semi-private porch, off-street parking, a low HOA fee, and most importantly, a fabulous location! Just minutes to Pickering Wharf, Salem Common, Salem Willows, area beaches and the Ferry to Boston. Affordable, move-in ready with a chance to add your personal touch! Don’t miss this opportunity to be a part of Salem’s vibrant community! Showings begin Thursday Dec 21st, by appointment.

Last Listed By

Norman Banville

J. Barrett & Company Listed on: 12/19/2023

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,216

Year Built

  • Built in 1900

Lot Details

  • 4,356

HOA Fees

  • $187 Monthly HOA Fees

Home Design

  • Frame Construction
  • Rubber Roof

Interior Spaces

  • 615 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Recessed Lighting
  • Decorative Lighting
  • Light Fixtures
  • Insulated Windows
  • Window Screens
  • Insulated Doors
  • Entrance Foyer
  • Basement
  • Laundry in Basement

Kitchen

  • Range
  • Microwave
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub Includes Tile Surround

Parking

  • 1 Car Parking Space
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Walking Distance to Water
  • Deck
  • Porch

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Salem Middle School
  • Salem High School

Utilities

  • Heating System Uses Natural Gas
  • Individual Controls for Heating
  • Baseboard Heating
  • Natural Gas Connected
  • Internet Available

Additional Features

  • Energy-Efficient Thermostat
  • End Unit

Listing and Financial Details

  • Assessor Parcel Number M:41 L:0040 S:803,4315858

Community Details

Overview

  • Association fees include heat, water, sewer, insurance, maintenance structure, snow removal, reserve funds
  • 6 Units
  • Low-Rise Condominium
  • Sea Gate Condominium Community

Amenities

  • Shops
  • Coin Laundry

Recreation

  • Marina
  • Park
  • Jogging Path

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,216

Year Built

Built in 1900

Lot Details

0

HOA Fees

$187 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Low-Rise
  • Year Built: 1900
  • Buyer Agency: 2.0
  • Entry Level: 2
  • Transaction Broker: 2.0
  • 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, Hardwood, Flooring - Hardwood
  • Interior Amenities: Lighting - Overhead, Entrance Foyer, Internet Available - Unknown
  • Door Features: Insulated Doors
  • Entry Location: Unit Placement(Front)
  • Fireplace YN: No
  • Appliances: Range,Disposal,Microwave,Refrigerator, Utility Connections for Gas Range
  • Total Bedrooms: 2
  • Room Bedroom2 Level: First
  • Room Bedroom2 Features: Closet, Flooring - Hardwood, Lighting - Overhead
  • Room Bedroom2 Area: 100
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Features: Closet, Flooring - Hardwood, Lighting - Overhead
  • Room Master Bedroom Level: First
  • Room Master Bedroom Area: 100
  • Master Bathroom Features: No
  • Bathroom 1 Area: 40
  • Bathroom 1 Features: Bathroom - Full, Bathroom - Tiled With Tub, Flooring - Stone/Ceramic Tile, Lighting - Sconce
  • Bathroom 1 Level: First
  • Room Kitchen Level: First
  • Room Kitchen Features: Flooring - Wood, Recessed Lighting
  • Room Kitchen Area: 170
  • Laundry Features: In Basement, Common Area, In Building
  • Room Living Room Level: First
  • Room Living Room Area: 136
  • Room Living Room Features: Ceiling Fan(s), Flooring - Hardwood, Recessed Lighting
  • Basement: Y
  • Accessibility Features: No
  • Living Area: 615
  • Spa YN: No
  • Stories Total: 1
  • Window Features: Insulated Windows, Screens
  • MAIN LO: C95243
  • LIST PRICE PER Sq Ft: 487.64
  • PRICE PER Sq Ft: 520.33
  • MAIN SO: AN2383
  • Insulation: Unknown

Exterior Features

  • Exterior Features: Porch, Deck - Wood, Screens
  • Common Walls: End Unit
  • Construction Materials: Frame
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Deck - Wood
  • Roof: Rubber
  • Waterfront Features: Beach Front, Ocean, Walk to, 3/10 to 1/2 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Off Street, Paved
  • 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

Condo/Co-op/Association

  • Association Fee: 187
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Laundromat, Marina, Public School, T-Station
  • Senior Community YN: No
  • UNIT BUILDING: 3
  • 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:803,4315858
  • Zoning: R2
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.1
  • Lot Size Area: 0.1
  • Lot Size Sq Ft: 4382
  • Lot Size Units: Acres
  • PAGE: 138
  • OUTDOOR SPACE AVAILABLE: Yes - Private
  • ResoLotSizeUnits: Acres

Green Features

  • Green Energy Efficient: Thermostat

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3216
  • Tax Book Number: 37745

Multi Family

  • Number Of Units Total: 6
  • Basement Included Sq Ft: No
  • NO UNITS OWNER OCC: 5

MLS Schools

  • High School: Salem
  • Middle Or Junior School: Salem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 6, 2019
Sold by
Lamy Jillian L and Russell Susan
Bought by
Lamy Jillian L
Total Days on Market
4
Current Estimated Value
$337,462

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
3.7%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jun 3, 2015
Sold by
Donahue Amy M and Donahue Mhfa
Bought by
Mhfa

Purchase Details

Closed on
Feb 28, 2007
Sold by
Fabrizio Nicole L
Bought by
Donahue Amy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,200
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 27, 2004
Sold by
Patterson Troy D
Bought by
Fabrizio Nicole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,700
Interest Rate
5.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 18, 2002
Sold by
Nestel John I
Bought by
Patterson Troy D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,400
Interest Rate
6.84%
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
Lamy Jillian L -- --
Mhfa $153,000 --
Donahue Amy M $204,000 --
Fabrizio Nicole $185,000 --
Patterson Troy D $156,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lynch Collin $302,585
Closed Lynch Collin $30,000
Closed Lamy Jillian L $145,000
Previous Owner Russell Susan $118,800
Previous Owner Patterson Troy D $163,200
Previous Owner Patterson Troy D $30,600
Previous Owner Patterson Troy D $175,700
Previous Owner Patterson Troy D $140,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/02/2024 02/02/24 Sold $320,000 +6.7% $520 / Sq Ft
12/24/2023 12/24/23 Pending -- -- --
12/19/2023 12/19/23 For Sale $299,900 +102.0% $488 / Sq Ft
05/05/2016 05/05/16 Sold $148,500 -4.2% $241 / Sq Ft
03/25/2016 03/25/16 Pending -- -- --
03/08/2016 03/08/16 Price Changed $155,000 -3.1% $252 / Sq Ft
01/08/2016 01/08/16 Price Changed $159,900 -3.6% $260 / Sq Ft
12/08/2015 12/08/15 Price Changed $165,900 -2.4% $270 / Sq Ft
11/12/2015 11/12/15 Price Changed $169,900 -1.7% $276 / Sq Ft
10/20/2015 10/20/15 For Sale $172,900 -- $281 / 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: 73188176

MLS Property Information Network (MLS PIN)

APN: SALE-000041-000000-000040-000803-000803