NOT LISTED FOR SALE

Estimated Value: $278,000 - $330,000

1 Bed
1 Bath
523 Sq Ft
1900 Built

Last Sold December 23, 2013

Last sale price $133,000 $254 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $1,894/month

38 Days on Market

About This Home

As of December 2013

Open House Sunday 11-1 Beautiful loft style Condo in downtown Salem. Top floor, corner unit with huge floor to ceiling windows with beautiful city views. One of the best in the well cared for professionally managed condo building. Recently updated bathroom and kitchen. Loft style bedroom with large closet. Cathedral ceiling with lots of light. Built in bookcase, wood floor, Central A.C., lots of nice space for comfortable living. Laundry facilities in Building. Comes with parking permit for Riley Plaza. Walk to train (just 2 blocks), great restaurants, museums, Salem Common and waterfront. This condo will Wow you!

Last Agent to Sell the Property

Rosemary Diskin

Diskin Realty Listed on: 09/15/2013

Last Buyer's Agent

Mark Wade

Coldwell Banker Realty - Marblehead

Coldwell Banker Realty - Marblehead

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,988

Year Built

1900

Lot Details

0

Listing Details

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

Interior Features

  • Has Basement: No
  • Number of Rooms: 3
  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University
  • Electric: Circuit Breakers
  • Flooring: Wood, Vinyl
  • Interior Amenities: Cable Available
  • Kitchen: First Floor
  • Living Room: First Floor
  • Master Bedroom: Second Floor
  • Dining Room: First Floor

Exterior Features

  • Construction: Brick, Post & Beam
  • Exterior: Brick
  • Exterior Unit Features: City View(s), Garden Area

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Condominium Name: 24 Norman Street Condominiums
  • Association Fee Includes: Water, Sewer, Master Insurance, Security, Laundry Facilities, Exterior Maintenance, Road Maintenance, Landscaping, Snow Removal, Refuse Removal, Garden Area
  • Management: Professional - Off Site
  • No Units: 39
  • Unit Building: 307

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2013
Closed on
Dec 23, 2013
Sold by
Gravel Nathaniel C
Bought by
Kuhl Taylor
Seller's Agent
Rosemary Diskin
Diskin Realty
Buyer's Agent
Mark Wade
Coldwell Banker Realty - Marblehead
List Price
$154,900
Sold Price
$133,000
Premium/Discount to List
-$21,900
-14.14%
Current Estimated Value
$311,434

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,434
Avg. Annual Appreciation
7.38%
Original Mortgage
$104,800
Outstanding Balance
$78,621
Interest Rate
4.15%
Mortgage Type
New Conventional
Estimated Equity
$228,355

Purchase Details

Closed on
Jul 7, 2009
Sold by
Phillips Charles W and Phillips Brad A
Bought by
Gravel Nathaniel C

Purchase Details

Closed on
Sep 19, 2008
Sold by
Morrill John C
Bought by
Phillips Charles W and Phillips Brad A

Purchase Details

Closed on
Jun 2, 2005
Sold by
1918 Rt Llc
Bought by
Morrill John C

Purchase Details

Closed on
Nov 15, 2004
Sold by
Newburg Richard F and Newburg Stephen F
Bought by
1918 Rt Llc

Purchase Details

Closed on
Oct 8, 2003
Sold by
Freedman Matthew R
Bought by
Newberg Stephen F and Newberg Richard F

Purchase Details

Closed on
Jun 26, 2000
Sold by
Bougas Charles S
Bought by
Freedman Matthew R
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
Kuhl Taylor $133,000 --
Gravel Nathaniel C $124,000 --
Phillips Charles W $92,000 --
Morrill John C $156,000 --
1918 Rt Llc -- --
Newberg Stephen F $126,000 --
Freedman Matthew R $76,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kuhl Taylor C $50,000
Open Freedman Matthew R $104,800
Previous Owner Freedman Matthew R $115,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2013 12/23/13 Sold $133,000 -11.0% $254 / Sq Ft
10/23/2013 10/23/13 Pending -- -- --
10/06/2013 10/06/13 Price Changed $149,500 -3.5% $286 / Sq Ft
09/15/2013 09/15/13 For Sale $154,900 -- $296 / 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 $2,988 $263,500 $0 $263,500
2024 $2,842 $244,600 $0 $244,600
2023 $2,771 $221,500 $0 $221,500
2022 $2,722 $205,400 $0 $205,400
2021 $2,543 $184,300 $0 $184,300
2020 $2,556 $176,900 $0 $176,900
2019 $2,337 $154,800 $0 $154,800
2018 $2,116 $137,600 $0 $137,600
2017 $2,059 $129,800 $0 $129,800
2016 $1,846 $117,800 $0 $117,800
2015 $1,712 $104,300 $0 $104,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71583621

MLS Property Information Network (MLS PIN)

APN: SALE-000026-000000-000451-000835-000835