NOT LISTED FOR SALE

Estimated Value: $314,000 - $376,000

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

Last Sold January 15, 2020

Last sale price $245,000 $398 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $2,432/month

90 Days on Market

Highlights

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

About This Home

As of January 2020

Cute and Affordable with a Great location just off Derby St and a few steps to the waterfront, Ferry to Boston and Downtown Salem! This second floor unit offers hardwood floors, high ceilings, a large eat-in kitchen with white cabinetry and granite counters, and two bedrooms - plus a bonus entryway large enough for a desk/office space. Each unit also gets a private deck, basement storage and an assigned parking spot too. The LOW condo fee of $187 includes heat - WOW! This is a pet friendly association (1 dog & 2 cats/per unit) with shared laundry in the basement. OWN now for WAAAY less than rent!! Makes a great investment too - can be rented for >30 days.

Last Listed By

Pam McKee

Keller Williams Realty Evolution Listed on: 08/22/2019

Keller Williams Realty Evolution

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,747

Year Built

  • Built in 1900

Lot Details

  • Waterfront
  • Two or More Common Walls

HOA Fees

  • $187 Monthly HOA Fees

Parking

  • 1 Car Parking Space

Home Design

  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 615 Sq Ft Home
  • 1-Story Property
  • Insulated Windows
  • Dining Area
  • Laundry in Basement

Kitchen

  • Range
  • Microwave
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • No Cooling
  • Baseboard Heating
  • Natural Gas Connected
  • Gas Water Heater

Additional Features

  • Covered patio or porch
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number 4315859

Community Details

Overview

  • Association fees include heat, water, sewer, insurance, maintenance structure, snow removal
  • 6 Units
  • Mid-Rise Condominium
  • Seagate Condominiums Community

Amenities

  • Shops
  • Laundry Facilities

Recreation

  • Marina
  • Park

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,747

Year Built

Built in 1900

Lot Details

0

HOA Fees

$187 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Mid-Rise
  • Year Built: 1900
  • Buyer Agency: 2.5
  • Buyer Agency Type: %
  • Entry Level: 2
  • Transaction Broker: 2.5
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Wood, Tile
  • Fireplace YN: No
  • Appliances: Range,Disposal,Microwave,Refrigerator,Washer,Dryer, Gas Water Heater, Utility Connections for Gas Range
  • Total Bedrooms: 2
  • Room Bedroom2 Level: Second
  • Room Bedroom2 Features: Flooring - Hardwood
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Features: Flooring - Hardwood
  • Room Master Bedroom Level: Second
  • Bathroom 1 Features: Bathroom - Full, Flooring - Stone/Ceramic Tile
  • Bathroom 1 Level: Second
  • Room Kitchen Level: Second
  • Room Kitchen Features: Flooring - Hardwood, Dining Area, Countertops - Stone/Granite/Solid
  • Laundry Features: In Basement, Common Area, In Building
  • Room Living Room Level: Second
  • Room Living Room Features: Flooring - Hardwood
  • Living Area: 615
  • Stories Total: 1
  • Window Features: Insulated Windows
  • MAIN LO: C95098
  • LIST PRICE PER Sq Ft: 398.37
  • PRICE PER Sq Ft: 398.37
  • MAIN SO: AN4305

Exterior Features

  • Common Walls: 2+ Common Walls
  • Construction Materials: Frame
  • Patio And Porch Features: Porch, Covered
  • Roof: Shingle
  • Waterfront Features: Beach Front, 1/2 to 1 Mile To Beach
  • Waterfront YN: Yes

Garage/Parking

  • Garage YN: No
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Cooling: None
  • Heating: Baseboard
  • 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, Marina, T-Station
  • UNIT BUILDING: 4
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Lot Info

  • Parcel Number: 4315859
  • Zoning: R2
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Property Attached YN: Yes
  • PAGE: 449
  • OUTDOOR SPACE AVAILABLE: Yes - Private

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 2746.69
  • Tax Book Number: 35798

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2019
Closed on
Jan 1, 2020
Sold by
Markt George
Bought by
Sprenger Nina E
Seller's Agent
Pam McKee
Keller Williams Realty Evolution
Buyer's Agent
James Moretti
Atlantic Coast Homes,Inc
List Price
$251,000
Sold Price
$245,000
Premium/Discount to List
-$6,000
-2.39%
Total Days on Market
90
Current Estimated Value
$348,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,950
Avg. Annual Appreciation
6.88%
Original Mortgage
$237,650
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 15, 2017
Closed on
Apr 14, 2017
Sold by
Ginger Rt
Bought by
Markt George
Seller's Agent
Erin Lamb
Buyer's Agent
Ron Messina
Keller Williams Realty Evolution
List Price
$185,000
Sold Price
$185,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.71%
Original Mortgage
$148,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 2, 2011
Sold by
Moreira Elan and Moreira Germano A
Bought by
Ginger Rt

Purchase Details

Closed on
Mar 23, 2007
Sold by
Koumarianos Elena
Bought by
Koumarianos Elena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,500
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 23, 2004
Sold by
Loveland Lisa G
Bought by
Koumarianos Elena

Purchase Details

Closed on
Nov 19, 2001
Sold by
Nestel John I
Bought by
Loveland Lisa G

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
Sprenger Nina E $245,000 None Available
Markt George $185,000 --
Ginger Rt $142,000 --
Koumarianos Elena -- --
Koumarianos Elena $175,000 --
Loveland Lisa G $152,250 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sprenger Nina E $40,000
Open Sprenger Nina E $231,900
Closed Sprenger Nina E $237,650
Previous Owner Markt George $148,000
Previous Owner Loveland Lisa G $139,500
Previous Owner Loveland Lisa G $37,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2020 01/15/20 Sold $245,000 0.0% $398 / Sq Ft
11/20/2019 11/20/19 Pending -- -- --
11/12/2019 11/12/19 Price Changed $245,000 -1.6% $398 / Sq Ft
09/12/2019 09/12/19 Price Changed $249,000 -0.8% $405 / Sq Ft
08/22/2019 08/22/19 For Sale $251,000 +35.7% $408 / Sq Ft
04/14/2017 04/14/17 Sold $185,000 0.0% $301 / Sq Ft
02/21/2017 02/21/17 Pending -- -- --
02/15/2017 02/15/17 For Sale $185,000 -- $301 / 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 $3,613 $318,600 $0 $318,600
2024 $3,548 $305,300 $0 $305,300
2023 $3,273 $261,600 $0 $261,600
2022 $3,091 $233,300 $0 $233,300
2021 $2,899 $210,100 $0 $210,100
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: 72553531

MLS Property Information Network (MLS PIN)

APN: SALE-000041-000000-000040-000804-000804