NOT LISTED FOR SALE

24 Norman St Unit 306 Salem, MA 01970

Downtown Salem Neighborhood

Estimated Value: $272,000 - $320,000

1 Bed
1 Bath
500 Sq Ft
1900 Built

Last Sold November 13, 2013

Last sale price $125,000 $250 Per Sq Ft

Est. 140% increase in value since last sale

Current estimated payment $1,809/month

4 Days on Market

About This Home

As of November 2013

Great downtown penthouse loft! This will not last. Soaring ceilings, large windows, exposed bricks & beams. In the heart of downtown Salem and just steps to the commuter rail, restaurants and shops. Newer in-unit heater and air conditioner. Includes one parking lot pass. Nice layout and quiet rear location.

Last Agent to Sell the Property

Mark Wade

Coldwell Banker Realty - Marblehead Listed on: 10/03/2013

Coldwell Banker Realty - Marblehead

Last Buyer's Agent

Jonathan Blass

Four Points Real Estate, LLC

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,818

Year Built

1900

Lot Details

0

Listing Details

  • Unit Level: 3
  • Unit Placement: Top/Penthouse
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1900

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 3
  • Amenities: Public Transportation, Park, Medical Facility, Bike Path, Marina, T-Station, University
  • Electric: 110 Volts
  • Interior Amenities: Cable Available
  • Bathroom #1: Third Floor
  • Kitchen: Third Floor
  • Laundry Room: Basement
  • Living Room: Third Floor
  • Master Bedroom: Third Floor
  • Master Bedroom Description: Ceiling - Beamed

Exterior Features

  • Construction: Brick
  • Exterior: Brick
  • Exterior Unit Features: City View(s)

Garage/Parking

  • Parking: Off-Street, Common
  • Parking Spaces: 1

Utilities

  • Hot Water: Electric

Condo/Co-op/Association

  • Association Fee Includes: Water, Sewer, Master Insurance, Laundry Facilities, Exterior Maintenance, Snow Removal, Refuse Removal
  • Management: Professional - Off Site
  • Pets Allowed: No
  • No Units: 39
  • Unit Building: 306

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 18, 2019
Sold by
Donoghue Robert A
Bought by
Donoghue Liam
Current Estimated Value
$300,073

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Outstanding Balance
$100,507
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$199,566

Purchase Details

Listed on
Oct 3, 2013
Closed on
Nov 13, 2013
Sold by
Hanscom David W
Bought by
Donoghue Robert A
Seller's Agent
Mark Wade
Coldwell Banker Realty - Marblehead
Buyer's Agent
Jonathan Blass
Four Points Real Estate, LLC
List Price
$134,900
Sold Price
$125,000
Premium/Discount to List
-$9,900
-7.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.54%
Original Mortgage
$93,750
Interest Rate
4.24%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 17, 2008
Sold by
Leblanc Nicole A and Buxton Nicole
Bought by
Hanscom David W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,500
Interest Rate
6.41%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Donoghue Liam $165,000 None Available
Donoghue Robert A $125,000 --
Hanscom David W $113,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Donoghue Liam $114,000
Previous Owner Donoghue Robert A $93,750
Previous Owner Hanscom David W $104,000
Previous Owner Hanscom David W $103,500
Previous Owner Hanscom David W $119,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/13/2013 11/13/13 Sold $125,000 -7.3% $250 / Sq Ft
10/07/2013 10/07/13 Pending -- -- --
10/03/2013 10/03/13 For Sale $134,900 -- $270 / 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 $2,818 $248,500 $0 $248,500
2024 $2,575 $221,600 $0 $221,600
2023 $2,578 $206,100 $0 $206,100
2022 $2,527 $190,700 $0 $190,700
2021 $2,363 $171,200 $0 $171,200
2020 $2,373 $164,200 $0 $164,200
2019 $2,167 $143,500 $0 $143,500
2018 $1,958 $127,300 $0 $127,300
2017 $1,902 $119,900 $0 $119,900
2016 $1,705 $108,800 $0 $108,800
2015 $1,579 $96,200 $0 $96,200
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2013

    Mark Wade

    Coldwell Banker Realty - Marblehead

    (781) 864-9812

    3 in this area

    26 Total Sales

    Mark Wade
    Section Image

  • J

    Buyer's Agent in 2013

    Jonathan Blass

    Four Points Real Estate, LLC

    (617) 797-1913

    1 in this area

    5 Total Sales

    Jonathan Blass
    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71592172

MLS Property Information Network (MLS PIN)

APN: SALE-000026-000000-000451-000834-000834

Massachusetts Essex County Salem 01970 Downtown Salem

24 Norman St Unit 306, Salem, MA

Not Listed for Sale

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.

Nearby Homes