$254,000
SOLD OCT 27, 2016

24 Cabot St Unit 1 Salem, MA 01970

South Salem Neighborhood
2 Beds
1 Bath
823 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$309 Per Sq Ft

2% Above List Price

126 Days on Market

About This Home

As of February 2022

Newly Renovated 1st floor - 2 bedroom condo near vibrant downtown Salem and MBTA Commuter rail. The updates feature refinished hardwood floors, replacement windows, granite countertops, stainless steel appliances, maple cabinets, renovated bath, updated electric, and a brand new heating system. Unit has glorious high ceilings in every room with lots of its original detail and character that make it unique. This pet friendly condo also has a very rare 1 bay - 2 car side by side garage with automatic door opener, along with an additional off street parking spot for your guests. The low $200 condo fee includes Heat/Hot Water. There is extra storage in the basement, and a washer & dryer. This is a must see.

Last Agent to Sell the Property

Victor Paulino

Engel & Volkers By the Sea

Engel & Volkers By the Sea

Last Buyer's Agent

Cesar Mancebo

Nina-Soto Realty, LLC License #454007550

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 29, 2021
Closed on
Feb 16, 2022
Sold by
Mancebo Bianka
Bought by
Gugliotta Sofia T
Seller's Agent
Cesar Mancebo
Nina-Soto Realty, LLC
Buyer's Agent
Emily Schwartz
Centre Realty Group
List Price
$320,000
Sold Price
$345,000
Premium/Discount to List
$25,000
7.81%
Total Days on Market
126

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.03%
Original Mortgage
$334,650
Outstanding Balance
$313,686
Interest Rate
3.55%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$66,278

Purchase Details

Listed on
Apr 8, 2016
Closed on
Oct 27, 2016
Sold by
Folan Patrick
Bought by
Mancebo Bianka
Seller's Agent
Victor Paulino
Engel & Volkers By the Sea
Buyer's Agent
Cesar Mancebo
Nina-Soto Realty, LLC
List Price
$249,000
Sold Price
$254,000
Premium/Discount to List
$5,000
2.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.94%
Original Mortgage
$241,300
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 22, 2015
Closed on
Jul 1, 2015
Sold by
Bates Janet M
Bought by
Folan Patrick
Seller's Agent
Albert Tu
Thread Real Estate, LLC
Buyer's Agent
Victor Paulino
Engel & Volkers By the Sea
List Price
$209,900
Sold Price
$214,000
Premium/Discount to List
$4,100
1.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.75%
Original Mortgage
$202,350
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 25, 2010
Sold by
Bates 3Rd Joseph L
Bought by
Bates Janet M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,553
Interest Rate
5.37%
Mortgage Type
FHA

Map

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,933

Year Built

1870

Lot Details

0

Listing Details

  • Unit Level: 1
  • Unit Placement: Front
  • Property Type: Condominium/Co-Op
  • Other Agent: 1.00
  • Lead Paint: Unknown
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1870

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator - ENERGY STAR, Range - ENERGY STAR
  • Has Basement: Yes
  • Number of Rooms: 4
  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, House of Worship, Public School, T-Station, University
  • Electric: 110 Volts
  • Energy: Insulated Windows
  • Flooring: Wood, Tile
  • Interior Amenities: Cable Available
  • Bedroom 2: First Floor, 10X12
  • Bathroom #1: First Floor, 9X7
  • Kitchen: First Floor, 12X19
  • Laundry Room: Basement
  • Living Room: First Floor, 13X12
  • Master Bedroom: First Floor, 12X16
  • Master Bedroom Description: Flooring - Hardwood
  • No Living Levels: 1

Exterior Features

  • Roof: Slate
  • Construction: Frame
  • Exterior: Vinyl
  • Beach Ownership: Public

Garage/Parking

  • Garage Parking: Detached, Garage Door Opener
  • Garage Spaces: 2
  • Parking: Off-Street
  • Parking Spaces: 1

Utilities

  • Heating: Hot Water Radiators, Oil
  • Heat Zones: 1
  • Hot Water: Tank
  • Utility Connections: for Electric Range, for Electric Oven
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Condominium Name: Cabot Street Condominium Trust
  • Association Fee Includes: Heat, Hot Water, Water, Sewer, Master Insurance, Exterior Maintenance, Snow Removal
  • Pets Allowed: Yes
  • No Units: 4
  • Unit Building: 1

Fee Information

  • Fee Interval: Monthly

Schools

  • High School: Salem

Lot Info

  • Assessor Parcel Number: M:33 L:0196 S:801
  • Zoning: R2

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 Type Sale Price Title Company
Condominium Deed $345,000 None Available
Not Resolvable $254,000 --
Not Resolvable $213,000 --
Not Resolvable $225,000 --
Deed $225,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $334,650 Purchase Money Mortgage
Previous Owner $241,300 New Conventional
Previous Owner $202,350 New Conventional
Previous Owner $195,553 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2025 05/09/25 For Sale $429,000 +24.3% $521 / Sq Ft
02/16/2022 02/16/22 Sold $345,000 +7.8% $419 / Sq Ft
12/31/2021 12/31/21 Pending -- -- --
12/29/2021 12/29/21 For Sale $320,000 +26.0% $389 / Sq Ft
10/27/2016 10/27/16 Sold $254,000 +2.0% $309 / Sq Ft
08/12/2016 08/12/16 Pending -- -- --
04/08/2016 04/08/16 For Sale $249,000 +16.4% $303 / Sq Ft
07/01/2015 07/01/15 Sold $214,000 +2.0% $252 / Sq Ft
05/25/2015 05/25/15 Pending -- -- --
05/22/2015 05/22/15 For Sale $209,900 -- $247 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $3,933 $346,800 $0 $346,800
2024 $3,837 $330,200 $0 $330,200
2023 $3,690 $295,000 $0 $295,000
2022 $3,534 $266,700 $0 $266,700
2021 $3,478 $252,000 $0 $252,000
2020 $3,409 $235,900 $0 $235,900
2019 $3,240 $214,600 $0 $214,600
2018 $3,010 $195,700 $0 $195,700
2017 $2,953 $186,200 $0 $186,200
2016 $2,702 $172,400 $0 $172,400
2015 -- $164,800 $0 $164,800
Source: Public Records

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71985237

MLS Property Information Network (MLS PIN)

APN: SALE-000033-000000-000196-000801-000801

Massachusetts Essex County Salem 01970 South Salem

24 Cabot St Unit 1, Salem, MA

Homes for Sale in Salem, MA

This home is located at 24 Cabot St Unit 1, Salem, MA 01970 and is currently priced at $254,000, approximately $308 per square foot. This property was built in 1870. 24 Cabot St Unit 1 is a home located in Essex County with nearby schools including Saltonstall School, Carlton Elementary School, and Bates Elementary School.

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