NOT LISTED FOR SALE

24 Norman St Unit 206 Salem, MA 01970

Downtown Salem Neighborhood

Estimated Value: $268,000 - $310,000

1 Bed
1 Bath
490 Sq Ft
1980 Built

Last Sold July 31, 2017

Last sale price $160,000 $327 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $1,800/month

16 Days on Market

About This Home

As of July 2017

The chic, urban lifestyle of trendy, historic downtown Salem, MA is yours in this stylish, loft condominium with open concept, extra large windows, soaring beamed ceiling and exposed brick. The bedroom loft is accessed by a ship's ladder. Recent updates include newer heat/A/C unit, hot water heater and appliances. On site laundry and parking permit for Riley Plaza just around the corner are a bonus. This is a no pet, no smoking building, well maintained and professionally managed. The best of Salem restaurants, shops, pubs, museums, waterfront and public transportation (Salem Ferry and Commuter Rail) are a stroll away.Open Sat.6/24 1:30-3pm Offer review Wed.6/28 5pm.. Do not hesitate.

Last Agent to Sell the Property

Rosanne Hamblet

Sagan Harborside Sotheby's International Realty Listed on: 06/13/2017

Last Buyer's Agent

Sean Connelly

William Raveis R.E. & Home Services

William Raveis R.E. & Home Services

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,778

Year Built

1980

Lot Details

0

Listing Details

  • Unit Level: 2
  • Unit Placement: Middle
  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Loft
  • Other Agent: 1.00
  • Lead Paint: Unknown
  • Year Round: Yes
  • Restrictions: Rentals
  • Year Built Description: Approximate
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1980

Interior Features

  • Has Basement: No
  • Number of Rooms: 3
  • Amenities: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Public School, T-Station, University
  • Electric: Circuit Breakers
  • Flooring: Vinyl, Wall to Wall Carpet
  • Bathroom #1: First Floor
  • Kitchen: First Floor
  • Laundry Room: Basement
  • Living Room: First Floor
  • Master Bedroom: Second Floor
  • Master Bedroom Description: Closet, Flooring - Wall to Wall Carpet
  • No Bedrooms: 1
  • Full Bathrooms: 1
  • No Living Levels: 2
  • Main Lo: C77800
  • Main So: C58300

Exterior Features

  • Exterior: Brick

Garage/Parking

  • Parking: Off-Street, On Street Permit
  • Parking Spaces: 1

Utilities

  • Cooling Zones: 1
  • Heat Zones: 1
  • Hot Water: Electric
  • Utility Connections: for Electric Range
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Association Fee Includes: Water, Sewer, Master Insurance, Laundry Facilities, Exterior Maintenance, Landscaping, Snow Removal, Refuse Removal
  • Management: Professional - Off Site
  • Pets Allowed: No
  • No Units: 39
  • Unit Building: 206

Fee Information

  • Fee Interval: Monthly

Lot Info

  • Assessor Parcel Number: M:26 L:0451 S:823
  • Zoning: res

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 28, 2020
Sold by
Alves Dionisio J and Alves Jessica L
Bought by
Alves Dynasty Llc
Current Estimated Value
$296,903

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,750
Outstanding Balance
$136,588
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$157,152

Purchase Details

Closed on
May 20, 2020
Sold by
Alves Dynasty Llc
Bought by
Alves Dionisio J and Alves Jessica L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,750
Outstanding Balance
$136,588
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$157,152

Purchase Details

Closed on
Jun 18, 2018
Sold by
Alves Dionisio J
Bought by
Alves Dynasty Llc

Purchase Details

Listed on
Jun 13, 2017
Closed on
Jul 31, 2017
Sold by
Rice Carol
Bought by
Alves Dionisio J
Seller's Agent
Rosanne Hamblet
Sagan Harborside Sotheby's International Realty
Buyer's Agent
Sean Connelly
William Raveis R.E. & Home Services
List Price
$165,000
Sold Price
$160,000
Premium/Discount to List
-$5,000
-3.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.74%
Original Mortgage
$120,000
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 25, 2009
Sold by
Hercher Michael and Hercher Gail P
Bought by
Rice Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,250
Interest Rate
4.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 25, 2005
Sold by
Wallace John W
Bought by
Hercher Michael and Hercher Gail P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,000
Interest Rate
5.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 24, 2002
Sold by
Lapointe Brian D
Bought by
Wallace John W

Purchase Details

Closed on
Sep 18, 1997
Sold by
Cowan Harold E and Cowan Esther
Bought by
Lapointe Brian D
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
Alves Dynasty Llc -- None Available
Alves Dionisio J -- None Available
Alves Dynasty Llc -- --
Alves Dionisio J $160,000 --
Rice Carol $115,000 --
Hercher Michael $157,000 --
Wallace John W $123,500 --
Lapointe Brian D $40,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alves Dynasty Llc $153,750
Previous Owner Alves Dionisio J $120,000
Previous Owner Lapointe Brian D $86,250
Previous Owner Lapointe Brian D $107,000
Previous Owner Lapointe Brian D $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2017 07/31/17 Sold $160,000 -3.0% $327 / Sq Ft
06/29/2017 06/29/17 Pending -- -- --
06/21/2017 06/21/17 For Sale $165,000 0.0% $337 / Sq Ft
06/20/2017 06/20/17 Pending -- -- --
06/13/2017 06/13/17 For Sale $165,000 0.0% $337 / Sq Ft
09/06/2012 09/06/12 Rented $900 0.0% --
08/07/2012 08/07/12 Under Contract -- -- --
08/01/2012 08/01/12 For Rent $900 -- --
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 $2,778 $245,000 $0 $245,000
2024 $2,538 $218,400 $0 $218,400
2023 $2,535 $202,600 $0 $202,600
2022 $2,484 $187,500 $0 $187,500
2021 $2,323 $168,300 $0 $168,300
2020 $2,332 $161,400 $0 $161,400
2019 $2,131 $141,100 $0 $141,100
2018 $1,926 $125,200 $0 $125,200
2017 $1,871 $118,000 $0 $118,000
2016 $1,677 $107,000 $0 $107,000
2015 $1,554 $94,700 $0 $94,700
Source: Public Records

Agents Affiliated with this Home

  • Rosanne Hamblet

    Seller's Agent in 2017

    Rosanne Hamblet

    Sagan Harborside Sotheby's International Realty

    (617) 312-6806

    14 Total Sales

    Rosanne Hamblet
    Section Image
  • Sean Connelly

    Buyer's Agent in 2017

    Sean Connelly

    William Raveis R.E. & Home Services

    (781) 631-2330

    3 in this area

    87 Total Sales

    Sean Connelly
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72182816

MLS Property Information Network (MLS PIN)

APN: SALE-000026-000000-000451-000823-000823

Massachusetts Essex County Salem 01970 Downtown Salem

24 Norman St Unit 206, Salem, MA

This home is located at 24 Norman St Unit 206, Salem, MA 01970 since 13 June 2017 and is currently estimated at $296,903, approximately $605 per square foot. This property was built in 1980. 24 Norman St Unit 206 is a home located in Essex County with nearby schools including Saltonstall School, Carlton Elementary School, and Bates Elementary School.

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