NOT LISTED FOR SALE

Estimated Value: $273,000 - $308,047

1 Bed
1 Bath
507 Sq Ft
1980 Built

Last Sold May 15, 2015

Last sale price $134,000 $264 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $1,801/month

37 Days on Market

About This Home

As of May 2015

Live the urban lifestyle in the midst of trendy, historic, convenient Salem, MA. This stylish, in-town loft condominium with extra large windows overlooking downtown is now on the market. Enjoy the soaring, beamed ceiling, exposed brick walls and bedroom loft accessed by ship's ladder. The heat,A/C unit, pergo flooring, bath, refrigerator, disposal, and water heater are newer. Laundry facilities are on site and there is permit parking available at Riley Plaza steps away. This is a well maintained, professionally managed, NO SMOKING.NO PET condominium building. The location is ideal, right in the middle of town, a stroll away from great restaurants, shops, Salem train (minutes to North Station), university and world class Peabody-Essex museum. Be a part of downtown Salem!

Last Agent to Sell the Property

Rosanne Hamblet

Sagan Harborside Sotheby's International Realty Listed on: 03/18/2015

Last Buyer's Agent

Keith Jones

Redfin Corp.

Redfin Corp.

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,754

Year Built

1980

Lot Details

0

Listing Details

  • Unit Level: 3
  • Unit Placement: Upper, Top/Penthouse
  • 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, House of Worship, T-Station, University
  • Electric: Circuit Breakers
  • Flooring: Tile, Wall to Wall Carpet, Laminate
  • Interior Amenities: Cable Available, Intercom

Exterior Features

  • Construction: Brick, Stone/Concrete
  • Exterior: Brick
  • Exterior Unit Features: City View(s)

Garage/Parking

  • Parking Spaces: 0

Utilities

  • Cooling Zones: 1
  • Heat Zones: 1
  • Hot Water: Electric
  • Utility Connections: for Electric Range

Condo/Co-op/Association

  • Association Fee Includes: Water, Sewer, Master Insurance, Security, Laundry Facilities, Exterior Maintenance, Landscaping, Snow Removal, Refuse Removal
  • Association Pool: No
  • Management: Professional - Off Site, Owner Association
  • Pets Allowed: No
  • No Units: 39
  • Unit Building: 302

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2015
Closed on
May 15, 2015
Sold by
Wallenstein Alexandra L
Bought by
Ricklefs Mark and Belleau Kristyn
Seller's Agent
Rosanne Hamblet
Sagan Harborside Sotheby's International Realty
Buyer's Agent
Keith Jones
Redfin Corp.
List Price
$134,900
Sold Price
$134,000
Premium/Discount to List
-$900
-0.67%
Current Estimated Value
$297,512

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,512
Avg. Annual Appreciation
7.88%
Original Mortgage
$120,625
Outstanding Balance
$94,290
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$199,605

Purchase Details

Closed on
Nov 1, 2007
Sold by
Cheeseman Andrea
Bought by
Us Bk

Purchase Details

Closed on
Sep 15, 2004
Sold by
Perez Janet M
Bought by
Lewis Alexandra S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
6.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 5, 2003
Sold by
Harold William P
Bought by
Perez 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
$91,875
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 30, 2000
Sold by
Twiss Thomas and Summitt Clayton
Bought by
Harold William P

Purchase Details

Closed on
Oct 15, 1999
Sold by
Pizzo-Petersen Cheryl
Bought by
Fraser Richard S
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
Ricklefs Mark $134,000 --
Us Bk $141,950 --
Lewis Alexandra S $146,000 --
Perez Janet M $122,500 --
Harold William P $69,000 --
Fraser Richard S $55,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ricklefs Mark $120,625
Previous Owner Fraser Richard S $10,000
Previous Owner Fraser Richard S $126,000
Previous Owner Fraser Richard S $91,875
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2015 05/15/15 Sold $134,000 0.0% $264 / Sq Ft
04/24/2015 04/24/15 Pending -- -- --
03/27/2015 03/27/15 Off Market $134,000 -- --
03/18/2015 03/18/15 For Sale $134,900 0.0% $266 / Sq Ft
11/09/2014 11/09/14 Rented $1,025 0.0% --
10/10/2014 10/10/14 Under Contract -- -- --
10/03/2014 10/03/14 For Rent $1,025 +2.5% --
12/07/2013 12/07/13 Rented $1,000 0.0% --
11/07/2013 11/07/13 Under Contract -- -- --
11/04/2013 11/04/13 For Rent $1,000 +4.2% --
10/15/2012 10/15/12 Rented $960 0.0% --
10/15/2012 10/15/12 For Rent $960 -- --
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 $2,754 $242,900 $0 $242,900
2024 $2,517 $216,600 $0 $216,600
2023 $2,525 $201,800 $0 $201,800
2022 $2,475 $186,800 $0 $186,800
2021 $2,313 $167,600 $0 $167,600
2020 $2,334 $161,500 $0 $161,500
2019 $2,191 $145,100 $0 $145,100
2018 $1,979 $128,700 $0 $128,700
2017 $1,924 $121,300 $0 $121,300
2016 $1,724 $110,000 $0 $110,000
2015 $1,597 $97,300 $0 $97,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71802994

MLS Property Information Network (MLS PIN)

APN: SALE-000026-000000-000451-000830-000830