NOT LISTED FOR SALE

24 Cabot St Unit 3 Salem, MA 01970

South Salem Neighborhood

Estimated Value: $367,000 - $387,000

2 Beds
1 Bath
950 Sq Ft
$350/mo HOA Fee

Last Sold November 28, 2023

Last sale price $325,000 $342 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,658/month

19 Days on Market

Highlights

  • Medical Services
  • Wood Flooring
  • Hot Water Heating System
  • Property is near public transit
  • Shops
  • Bike Trail

About This Home

As of November 2023

Beautiful sunny, spacious two bedrooms condo near Salem's downtown, public transportation, hospitals, high school, Salem State University and commuter roots.The condo features natural light throughout, beautiful hardwood floors, high ceilings, oversized bath with the laundry inside, brand new washer and bathtub. Eat-in kitchen includes freshly painted cabinets stainless steels appliances, and a brand new stove. The association is pet-friendly and charges $350 a month for the condo fee which includes HEAT AND HOT WATER. This property is move in ready and comes with one parking space. Join us at our first open house on Saturday 11-1.

Last Agent to Sell the Property

Entela Tase

Coldwell Banker Realty - Westwood Listed on: 09/29/2023

Coldwell Banker Realty - Westwood

Last Buyer's Agent

Jeffrey Wallace

Compass

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,600

Year Built

  • Built in 1870

Lot Details

  • 4,922

HOA Fees

  • $350 Monthly HOA Fees

Parking

  • 1 Car Parking Space

Home Design

  • Entry on the 3rd floor

Interior Spaces

  • 950 Sq Ft Home
  • 1-Story Property
  • Basement

Kitchen

  • Range
  • Dishwasher

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Washer

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • No Cooling
  • 1 Heating Zone
  • Heating System Uses Oil
  • Hot Water Heating System
  • 110 Volts

Listing and Financial Details

  • Assessor Parcel Number 4840409

Community Details

Overview

  • Association fees include heat, water, sewer, insurance, ground maintenance, snow removal
  • 4 Units
  • Low-Rise Condominium

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Bike Trail

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,600

Year Built

Built in 1870

Lot Details

0

HOA Fees

$350 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Low-Rise
  • Year Built: 1870
  • Buyer Agency: 2
  • Entry Level: 3
  • Transaction Broker: 2
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Tile, Laminate, Hardwood
  • Entry Location: Unit Placement(Upper)
  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Refrigerator,Washer, Utility Connections for Electric Range
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Laundry Features: In Unit
  • Basement: Y
  • Living Area: 950
  • Spa YN: No
  • Stories Total: 1
  • MAIN LO: AN6181
  • LIST PRICE PER Sq Ft: 347.37
  • PRICE PER Sq Ft: 342.11
  • MAIN SO: AN2383

Exterior Features

  • Home Warranty YN: No
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range
  • Cooling: None
  • Heating: Oil
  • Cooling Y N: No
  • Electric: 110 Volts
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 1

Condo/Co-op/Association

  • Association Amenities: Hot Water
  • Association Fee: 350
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Medical Facility, Laundromat, Bike Path, Highway Access, Public School, T-Station
  • Senior Community YN: No
  • UNIT BUILDING: 3
  • MANAGEMENT: Professional - Off Site
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Lot Info

  • Parcel Number: 4840409
  • Zoning: R2
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • PAGE: 351
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3600
  • Tax Book Number: 35269

Multi Family

  • Number Of Units Total: 4
  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2016
Closed on
Sep 16, 2016
Sold by
Bergonzi Marianne
Bought by
Shehu Ida
Seller's Agent
Gabriel Tavarez
Tavarez Realty Group, Inc.
Buyer's Agent
Armando Vranari
ALB Realty
List Price
$135,000
Sold Price
$150,000
Premium/Discount to List
$15,000
11.11%
Current Estimated Value
$379,139

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$229,139
Avg. Annual Appreciation
10.82%
Original Mortgage
$100,000
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 24, 2010
Sold by
Cabot Street Group Llc
Bought by
Bergonzi Marianne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,500
Interest Rate
4.98%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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
Shehu Ida $150,000 --
Bergonzi Marianne $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Curtis Amanda $260,000
Closed Shehu Ida $100,000
Previous Owner Bergonzi Marianne $237,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/28/2023 11/28/23 Sold $325,000 -1.5% $342 / Sq Ft
10/19/2023 10/19/23 Pending -- -- --
10/11/2023 10/11/23 Price Changed $330,000 -5.7% $347 / Sq Ft
09/29/2023 09/29/23 For Sale $350,000 +133.3% $368 / Sq Ft
09/16/2016 09/16/16 Sold $150,000 +11.1% $180 / Sq Ft
06/22/2016 06/22/16 Pending -- -- --
06/21/2016 06/21/16 For Sale $135,000 -- $162 / 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 $3,658 $322,600 $0 $322,600
2024 $3,732 $321,200 $0 $321,200
2023 $3,600 $287,800 $0 $287,800
2022 $3,494 $263,700 $0 $263,700
2021 $3,439 $249,200 $0 $249,200
2020 $3,365 $232,900 $0 $232,900
2019 $3,195 $211,600 $0 $211,600
2018 $2,950 $191,800 $0 $191,800
2017 $2,891 $182,300 $0 $182,300
2016 $2,736 $174,600 $0 $174,600
2015 $2,739 $166,900 $0 $166,900
Source: Public Records

Agents Affiliated with this Home

  • Entela Tase

    Seller's Agent in 2023

    Entela Tase

    Coldwell Banker Realty - Westwood

    (617) 832-5721

    1 in this area

    180 Total Sales

    Entela Tase
    Section Image
  • Jeffrey Wallace

    Buyer's Agent in 2023

    Jeffrey Wallace

    Compass

    (774) 268-2122

    1 in this area

    42 Total Sales

    Jeffrey Wallace
    Section Image

  • G

    Seller's Agent in 2016

    Gabriel Tavarez

    Tavarez Realty Group, Inc.

    Section Image
  • Armando Vranari

    Buyer's Agent in 2016

    Armando Vranari

    ALB Realty

    (978) 304-2625

    2 in this area

    82 Total Sales

    Armando Vranari
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73165029

MLS Property Information Network (MLS PIN)

APN: SALE-000033-000000-000196-000803-000803

Massachusetts Essex County Salem 01970 South Salem

24 Cabot St Unit 3, Salem, MA

This home is located at 24 Cabot St Unit 3, Salem, MA 01970 since 29 September 2023 and is currently estimated at $379,139, approximately $399 per square foot. This property was built in 1870. 24 Cabot St Unit 3 is a home located in Essex County with nearby schools including Saltonstall School, Carlton Elementary School, and Bates Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Property Information Network (MLS PIN) The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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