NOT LISTED FOR SALE

Estimated Value: $314,000 - $406,000

2 Beds
1 Bath
670 Sq Ft
4,356 Sq Ft Lot

Last Sold November 23, 2020

Last sale price $256,000 $382 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $2,270/month

9 Days on Market

Highlights

  • Wood Flooring
  • Laundry Facilities
  • 2-minute walk to Swiniuch Park

About This Home

As of November 2020

Here is your chance to live seconds from Pickering Wharf! Top Floor Unit in desirable location off Derby Street. Only steps to the waterfront, downtown Salem and the Ferry to Boston.This third-floor unit offers hardwood floors, high ceilings, a large eat-in kitchen with granite counters, 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. A wonderful opportunity to own property and enjoy all that Salem has to offer including the MBTA, Pickering Wharf, Historic Common, Restaurants and Shops! ALL at your fingertips from this SEASIDE Condominium.

Last Agent to Sell the Property

Mike Cotraro

Aluxety Listed on: 09/01/2020

Last Buyer's Agent

Bethany Carr

Coldwell Banker Realty - Beverly

Coldwell Banker Realty - Beverly

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,708

Year Built

  • Built in 1900

Lot Details

  • 4,356

Flooring

  • Wood
  • Tile

Laundry

  • Dryer
  • Washer

Schools

  • Salem High School

Utilities

  • Shared Heating and Cooling
  • Window Unit Cooling System
  • Hot Water Baseboard Heater
  • Heating System Uses Gas
  • Water Holding Tank
  • Natural Gas Water Heater
  • Cable TV Available

Additional Features

  • Range
  • Year Round Access
  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:41 L:0040 S:806

Community Details

Amenities

  • Laundry Facilities

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,708

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Garden
  • Other Agent: 1.00
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 372.99
  • Comp Based On: Net Sale Price
  • Year Built: 1900
  • Lead Paint: Unknown
  • Year Round: Yes
  • Unit Building: 6
  • Unit Level: 3
  • Unit Placement: Upper, Corner
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1900

Interior Features

  • Flooring: Wood, Tile
  • Interior Amenities: Cable Available
  • Appliances: Range, Refrigerator, Washer, Dryer
  • No Bedrooms: 2
  • Master Bedroom: On Level: Third Floor, Dimension: 10X10, Closet, Flooring - Hardwood
  • Bedroom 2: On Level: Third Floor, Dimension: 10X10, Closet, Flooring - Hardwood, Main Level
  • Full Bathrooms: 1
  • Bathroom 1: On Level: Third Floor, Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Main Level
  • No Rooms: 5
  • Dining Room: Main Level
  • Kitchen: On Level: Third Floor, Dimension: 14X12, Flooring - Hardwood, Dining Area, Countertops - Stone/Granite/Solid, Main Level, Open Floor Plan, Gas Stove
  • Laundry: On Level: Basement
  • Laundry Features: Common, In Building
  • Living Room: On Level: Third Floor, Dimension: 14X10, Flooring - Hardwood, Main Level
  • Basement: Y
  • Other Room 1: Name: Foyer, On Level: Third Floor, Dimension: 8X6, Flooring - Hardwood
  • No Living Levels: 1
  • Main Lo: AN1532
  • Main So: AN6181
  • Estimated Sq Ft: 670.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 1/2 to 1 Mile
  • Construction: Frame
  • Roof Material: Rubber
  • Exterior: Vinyl
  • Insulation Feature: Partial
  • Exterior Unit Features: Deck - Wood, Covered Patio/Deck, Decorative Lighting

Garage/Parking

  • Parking Feature: Off-Street, On Street Permit, Assigned, Paved Driveway
  • Parking Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers
  • Sewage District: SESD
  • Cooling: Window AC
  • Heating: Hot Water Baseboard, Gas, Common
  • Hot Water: Natural Gas, Tank
  • Utility Connections: for Gas Range

Condo/Co-op/Association

  • Fee Interval: Monthly
  • Amenities: Public Transportation, Shopping, Park, T-Station
  • HOA Fees: 187.00
  • Association Fee Includes: Heat, Water, Sewer, Master Insurance, Exterior Maintenance, Snow Removal
  • Condo Association: Yes
  • Management: Owner Association

Association/Amenities

  • Condominium Name: Seagate Condominiums

Schools

  • Middle School: Salem
  • High School: Salem HS

Lot Info

  • Assessments: 198400.00
  • Lot: 0040
  • Acre: 0.10
  • Lot Size: 4382.00
  • Page: 183
  • Parcel Number: M:41 L:0040 S:806
  • Zoning: R2
  • Master Book: 17739
  • Master Page: 439

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Taxes: 2867.00
  • Assessor Parcel Number: 4315861
  • Tax Year: 2020

Multi Family

  • No Units: 6

MLS Schools

  • High School: Salem HS
  • Middle School: Salem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2020
Closed on
Nov 8, 2020
Sold by
Berkman Lauren A
Bought by
Lewis Amy
Seller's Agent
Mike Cotraro
Aluxety
Buyer's Agent
Bethany Carr
Coldwell Banker Realty - Beverly
List Price
$249,900
Sold Price
$256,000
Premium/Discount to List
$6,100
2.44%
Current Estimated Value
$371,376

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,376
Avg. Annual Appreciation
7.51%
Original Mortgage
$230,400
Outstanding Balance
$205,957
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$157,456

Purchase Details

Closed on
Jul 20, 2018
Sold by
Birch Tree Nt
Bought by
Berkman Lauren A

Purchase Details

Closed on
May 13, 2011
Sold by
Roden Milcah
Bought by
Birch Tree Nt

Purchase Details

Closed on
May 25, 2007
Sold by
Parker Stephen T
Bought by
Roden Milcah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 20, 2004
Sold by
Moreland Julie A and Haskell William S
Bought by
Parker Stephen T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,250
Interest Rate
5.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 15, 2001
Sold by
Nestel John L
Bought by
Haskell William S and Moreland Julie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
6.93%
Mortgage Type
Purchase Money Mortgage
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
Lewis Amy $256,000 None Available
Berkman Lauren A -- --
Birch Tree Nt $153,500 --
Roden Milcah $186,000 --
Parker Stephen T $195,000 --
Haskell William S $170,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lewis Amy $230,400
Previous Owner Haskell William S $161,000
Previous Owner Haskell William S $185,250
Previous Owner Haskell William S $136,001
Previous Owner Haskell William S $136,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/23/2020 11/23/20 Sold $256,000 +2.4% $382 / Sq Ft
09/10/2020 09/10/20 Pending -- -- --
09/01/2020 09/01/20 For Sale $249,900 -- $373 / 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 $3,708 $327,000 $0 $327,000
2024 $3,644 $313,600 $0 $313,600
2023 $3,388 $270,800 $0 $270,800
2022 $3,200 $241,500 $0 $241,500
2021 $2,909 $210,800 $0 $210,800
2020 $2,867 $198,400 $0 $198,400
2019 $2,801 $185,500 $0 $185,500
2018 $2,692 $175,000 $0 $175,000
2017 $2,636 $166,200 $0 $166,200
2016 $2,468 $157,500 $0 $157,500
2015 $2,447 $149,100 $0 $149,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72718758

MLS Property Information Network (MLS PIN)

APN: SALE-000041-000000-000040-000806-000806