NOT LISTED FOR SALE

Estimated Value: $262,000 - $304,365

1 Bed
1 Bath
525 Sq Ft
$195/mo HOA Fee

Last Sold October 15, 2020

Last sale price $210,000 $400 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $2,043/month

4 Days on Market

Highlights

  • Intercom
  • Laundry Facilities
  • 3-minute walk to High Street Park
  • Tile Flooring

About This Home

As of October 2020

This unique condo is located in the heart of downtown Salem. This is your chance to own property in this historic city with all it has to offer. One of the best walking cities with a hometown feel, you are minutes away from world-class restaurants, cafés, pubs, parks and more. Situated close by to the train station as well as being near the harbor and the the ferry into Boston, Common laundry room is in the basement. The unit has it's own new AC/heating unit and a new stove in the condo. This loft comes with 3 closets and a full wall of bookshelves with a rolling ladder. You will have a parking pass to nearby Riley's Plaza which is included in the condo fee. No stress living with added bonus of going to the Peabody Essex Museum for free. This sale is contingent upon sellers finding suitable housing.

Last Agent to Sell the Property

Patrick Runne

Armstrong Field Real Estate License #454007433 Listed on: 08/12/2020

Last Buyer's Agent

Emmanuel Paul

Redfin Corp.

Redfin Corp.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,914

Year Built

  • Built in 1920

Lot Details

  • Year Round Access

HOA Fees

  • $195 per month

Kitchen

  • Range
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Tile

Schools

  • Salem High School

Utilities

  • Heat Pump System
  • Water Holding Tank
  • Electric Water Heater
  • Internet Available
  • Cable TV Available

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:26 L:0451 S:827

Community Details

Amenities

  • Laundry Facilities

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,914

Year Built

Built in 1920

Lot Details

0

HOA Fees

$195 per month

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Garden, Mid-Rise, Loft
  • Other Agent: 2.00
  • Year Built Description: Renovated Since
  • List Price Per Sq Ft: 399.81
  • Comp Based On: Gross/Full Sale Price
  • Year Built: 1920
  • Lead Paint: Unknown
  • Year Round: Yes
  • Unit Building: 210
  • Unit Level: 2
  • Unit Placement: Middle
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1920

Interior Features

  • Flooring: Tile, Wall to Wall Carpet, Laminate
  • Interior Amenities: Cable Available, Intercom, Internet Available - Unknown
  • Appliances: Range, Dishwasher, Refrigerator
  • No Bedrooms: 1
  • Master Bedroom: On Level: Second Floor, Flooring - Wall to Wall Carpet
  • Full Bathrooms: 1
  • Bathroom 1: On Level: First Floor, Flooring - Stone/Ceramic Tile
  • No Rooms: 3
  • Kitchen: On Level: First Floor, Flooring - Laminate
  • Laundry Features: Common, In Building
  • Living Room: On Level: First Floor, Flooring - Laminate, Main Level, Cable Hookup, High Speed Internet Hookup, Lighting - Overhead
  • Basement: Y
  • No Living Levels: 2
  • Main Lo: C95180
  • Main So: NB3534
  • Estimated Sq Ft: 525.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 1/10 to 3/10
  • Construction: Frame, Brick
  • Roof Material: Tar & Gravel
  • Exterior: Brick
  • Insulation Feature: Unknown

Garage/Parking

  • Parking Feature: Common
  • Parking Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers
  • Sewage District: SESD
  • Cooling: Heat Pump
  • Heating: Electric
  • Heat Zones: 1
  • Hot Water: Electric, Tank
  • Utility Connections: for Electric Range

Condo/Co-op/Association

  • Fee Interval: Monthly
  • Amenities: Public Transportation, Shopping, Swimming Pool, Tennis Court, Park, Walk/Jog Trails, Golf Course, Medical Facility, Laundromat, Conservation Area, House of Worship, Marina, Public School, T-Station, University
  • HOA Fees: 195.00
  • Association Fee Includes: Water, Sewer, Master Insurance, Laundry Facilities, Exterior Maintenance, Landscaping, Snow Removal, Refuse Removal
  • Condo Association: Yes
  • Association Security: Intercom
  • Management: Professional - Off Site

Association/Amenities

  • Condominium Name: 24 Norman Street Condominium

Schools

  • Elementary School: Saltonstall ES
  • Middle School: Collins MS
  • High School: Salem HS

Lot Info

  • Assessments: 170700.00
  • Lot: 0451
  • Page: 484
  • Parcel Number: M:26 L:0451 S:827
  • Zoning: B5

Green Features

  • Energy Features: Insulated Windows

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Taxes: 2466.62
  • Assessor Parcel Number: 2132658
  • Tax Year: 2020

Multi Family

  • No Units: 39
  • No Units Owner Occ: 19

MLS Schools

  • Grade School: Saltonstall ES
  • High School: Salem HS
  • Middle School: Collins MS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2020
Closed on
Oct 14, 2020
Sold by
Courage Amy L and Courage George R
Bought by
Bragan Scott M
Seller's Agent
Patrick Runne
Armstrong Field Real Estate
Buyer's Agent
Emmanuel Paul
Redfin Corp.
List Price
$209,900
Sold Price
$210,000
Premium/Discount to List
$100
0.05%
Total Days on Market
4
Current Estimated Value
$285,841

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,841
Avg. Annual Appreciation
6.52%
Original Mortgage
$190,000
Outstanding Balance
$170,893
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$110,667

Purchase Details

Closed on
Jun 28, 2007
Sold by
Phh Mortgage Corp
Bought by
Courage George R and Courage Amy Lora

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,250
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 30, 2007
Sold by
Phh Mortgage Corp and Oconnor Carolyn E
Bought by
Phh Mortgage Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,250
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 10, 1998
Sold by
Kearney Michael A
Bought by
Oconnor Carolyn E

Purchase Details

Closed on
Jun 2, 1995
Sold by
Fucillo Margaret A
Bought by
Kearney Michael A
Source: Public Records

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Range of Values:

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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
Bragan Scott M $210,000 None Available
Courage George R $135,000 --
Phh Mortgage Corp $124,677 --
Oconnor Carolyn E $52,900 --
Kearney Michael A $39,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bragan Scott M $190,000
Previous Owner Courage Amy L $82,000
Previous Owner Kearney Michael A $92,926
Previous Owner Kearney Michael A $101,250
Previous Owner Kearney Michael A $33,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2020 10/15/20 Sold $210,000 0.0% $400 / Sq Ft
08/16/2020 08/16/20 Pending -- -- --
08/12/2020 08/12/20 For Sale $209,900 -- $400 / 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 $2,914 $257,000 $0 $257,000
2024 $2,664 $229,300 $0 $229,300
2023 $2,683 $214,500 $0 $214,500
2022 $2,630 $198,500 $0 $198,500
2021 $2,458 $178,100 $0 $178,100
2020 $2,467 $170,700 $0 $170,700
2019 $2,253 $149,200 $0 $149,200
2018 $2,035 $132,300 $0 $132,300
2017 $1,976 $124,600 $0 $124,600
2016 $1,771 $113,000 $0 $113,000
2015 $1,639 $99,900 $0 $99,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72708792

MLS Property Information Network (MLS PIN)

APN: SALE-000026-000000-000451-000827-000827