NOT LISTED FOR SALE

Estimated Value: $310,000 - $348,000

1 Bed
1 Bath
615 Sq Ft
$240/mo HOA Fee

Last Sold August 15, 2024

Last sale price $331,000 $538 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,268/month

44 Days on Market

Highlights

  • Medical Services
  • Property is near public transit
  • Corner Lot
  • No Units Above
  • Wood Flooring
  • 4-minute walk to High Street Park

About This Home

As of August 2024

Indulge in the ultimate urban lifestyle with this magnificent corner loft, penthouse condo, located in the heart of the vibrant and historic downtown Salem. This beautiful, modern, open concept unit features a good size living space with a remodeled kitchen with granite countertops and newer appliances, Ship's Ladder to sleeping area, high wood-beamed ceilings, beautiful brick walls, gleaming hardwood floor, oversized windows, central AC and laundry in the building. Professionally managed, located at a short distance to the MBTA train station, great city views, amazing restaurants, great stores, museums, banks and Salem State College. Parking pass for one car at Riley Plaza.

Last Agent to Sell the Property

Yessenia Alvarado

Coldwell Banker Realty - Marblehead Listed on: 05/31/2024

Coldwell Banker Realty - Marblehead

Last Buyer's Agent

Colleen Keefe

Keller Williams South Watuppa

Keller Williams South Watuppa

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,898

Year Built

  • Built in 1980

Lot Details

  • No Units Above

HOA Fees

  • $240 Monthly HOA Fees

Parking

  • 1 Car Parking Space

Home Design

  • Entry on the 3rd floor
  • Brick Exterior Construction
  • Rubber Roof
  • Stone

Interior Spaces

  • 615 Sq Ft Home
  • 2-Story Property
  • Range

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 2132650

Community Details

Overview

  • Association fees include water, insurance, snow removal, trash
  • 39 Units
  • Mid-Rise Condominium
  • 24 Norman Street Condominium Community

Amenities

  • Medical Services
  • Shops
  • Laundry Facilities

Recreation

  • Park

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,898

Year Built

Built in 1980

Lot Details

0

HOA Fees

$240 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Mid-Rise
  • Year Built: 1980
  • Entry Level: 3
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Wood, Tile, Carpet
  • Fireplace YN: No
  • Appliances: Range, Refrigerator
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Master Bathroom Features: No
  • Basement: N
  • Living Area: 615
  • Spa YN: No
  • Stories Total: 2
  • MAIN LO: H95120
  • MAIN SO: AN7634

Exterior Features

  • Common Walls: No One Above, Corner
  • Construction Materials: Brick, Stone
  • Home Warranty YN: No
  • Roof: Rubber
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range
  • Cooling: Central Air
  • Heating: Electric
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Laundry
  • Association Fee: 240
  • Association Fee Frequency: Monthly
  • Community Features: Public Transportation, Shopping, Park, Medical Facility, Highway Access, House of Worship, Public School, University
  • Senior Community YN: No
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Insurance, Snow Removal, Trash

Lot Info

  • Parcel Number: 2132650
  • Zoning: RS
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Property Attached YN: Yes
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 2898

Multi Family

  • Number Of Units Total: 39
  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2024
Closed on
Aug 15, 2024
Sold by
Bluearrow Properties Llc
Bought by
Rogers Megan G
Seller's Agent
Yessenia Alvarado
Coldwell Banker Realty - Marblehead
Buyer's Agent
Colleen Keefe
Keller Williams South Watuppa
List Price
$299,000
Sold Price
$331,000
Premium/Discount to List
$32,000
10.7%
Views
232
Current Estimated Value
$336,312

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,312
Avg. Annual Appreciation
1.21%
Original Mortgage
$248,250
Outstanding Balance
$245,039
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$91,273

Purchase Details

Closed on
Dec 21, 2021
Sold by
Gil Santamaria T M and Gil Gil-Santamaria
Bought by
Bluearrow Properties Llc

Purchase Details

Closed on
Dec 8, 2020
Sold by
Gil-Santamaria Marina
Bought by
Marina Gil-Santamaria T and Marina Gil-Santamaria

Purchase Details

Listed on
May 1, 2017
Closed on
Jun 13, 2017
Sold by
Qualter Matthew J
Bought by
Kamens Steven M and Gil-Santamaria Marina
Seller's Agent
Chris Martin
Cameron Prestige, LLC
Buyer's Agent
Erin Lamb
RE/MAX 360
List Price
$149,999
Sold Price
$150,000
Premium/Discount to List
$1
0.0%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.96%
Original Mortgage
$21,393
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 29, 2005
Sold by
Saffer Lorraine M
Bought by
Qualter Matthew J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,300
Interest Rate
5.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 30, 2001
Sold by
Chester Thomas C
Bought by
Saffer Lorraine M

Purchase Details

Closed on
Aug 16, 1999
Sold by
Loft Rt and Suydam Bryce C
Bought by
Chester Thomas C
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rogers Megan G $331,000 None Available
Rogers Megan G $331,000 None Available
Bluearrow Properties Llc -- None Available
Bluearrow Properties Llc -- None Available
Bluearrow Properties Llc -- None Available
Marina Gil-Santamaria T -- None Available
Marina Gil-Santamaria T -- None Available
Marina Gil-Santamaria T -- None Available
Kamens Steven M $150,000 --
Qualter Matthew J $154,000 --
Qualter Matthew J $154,000 --
Saffer Lorraine M $115,000 --
Saffer Lorraine M $115,000 --
Chester Thomas C $69,000 --
Chester Thomas C $69,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rogers Megan G $248,250
Closed Rogers Megan G $248,250
Previous Owner Kamens Steven M $21,393
Previous Owner Chester Thomas C $146,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/15/2024 08/15/24 Sold $331,000 +10.7% $538 / Sq Ft
07/15/2024 07/15/24 Pending -- -- --
07/10/2024 07/10/24 For Sale $299,000 0.0% $486 / Sq Ft
07/01/2024 07/01/24 Pending -- -- --
06/21/2024 06/21/24 Price Changed $299,000 -4.8% $486 / Sq Ft
05/31/2024 05/31/24 For Sale $314,000 0.0% $511 / Sq Ft
07/07/2023 07/07/23 Rented $1,850 0.0% --
07/06/2023 07/06/23 For Rent $1,850 0.0% --
07/01/2023 07/01/23 Under Contract -- -- --
06/29/2023 06/29/23 For Rent $1,850 0.0% --
06/13/2017 06/13/17 Sold $150,000 0.0% $244 / Sq Ft View Prior Sale
05/09/2017 05/09/17 Pending -- -- --
05/01/2017 05/01/17 For Sale $149,999 -- $244 / 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 $3,166 $279,200 $0 $279,200
2024 $2,898 $249,400 $0 $249,400
2023 $2,960 $236,600 $0 $236,600
2022 $2,898 $218,700 $0 $218,700
2021 $2,709 $196,300 $0 $196,300
2020 $2,718 $188,100 $0 $188,100
2019 $2,479 $164,200 $0 $164,200
2018 $2,236 $145,400 $0 $145,400
2017 $2,171 $136,900 $0 $136,900
2016 $2,021 $129,000 $0 $129,000
2015 $1,871 $114,000 $0 $114,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73245275

MLS Property Information Network (MLS PIN)

APN: SALE-000026-000000-000451-000833-000833