NOT LISTED FOR SALE

24 Norman St Unit 311 Salem, MA 01970

Downtown Salem Neighborhood

Estimated Value: $329,000 - $342,732

1 Bed
1 Bath
706 Sq Ft
$475/Sq Ft Est. Value

Last Sold December 16, 2019

Last sale price $205,000 $290 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $2,159/month

About This Home

As of December 2019

6/1 Rental. Beautiful newly renovated modern apartment in Downtown Salem. This unit features high ceilings, large windows, natural sunlight, granite countertops, and a true loft space. Located in Downtown with all shops and restaurants nearby, and a half mile walk to the Train. Coin-op washer and dryer located in basement. One parking space included. First, last, $900 security totaling $4,500 to move.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2019
Closed on
Dec 10, 2019
Sold by
Noble Richard G and Zidle Abby
Bought by
Alves Dionisio J
Seller's Agent
Mark Belenkii
CRG Commercial
Buyer's Agent
Sean Connelly
William Raveis R.E. & Home Services
List Price
$249,500
Sold Price
$205,000
Premium/Discount to List
-$44,500
-17.84%
Current Estimated Value
$335,183

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,183
Avg. Annual Appreciation
9.02%
Original Mortgage
$153,750
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 21, 2000
Sold by
Jedrey William M
Bought by
Noble Richard Gordon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,000
Interest Rate
7.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 31, 1995
Sold by
Vantuyle Nancy
Bought by
Jedrey William M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,000
Interest Rate
8.8%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Alves Dionisio J $205,000 None Available
Noble Richard Gordon $85,900 --
Jedrey William M $44,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alves Dionisio J $180,000
Closed Alves Dionisio J $153,750
Previous Owner Jedrey William M $88,000
Previous Owner Jedrey William M $73,000
Previous Owner Jedrey William M $33,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2021 05/11/21 Rented $1,800 0.0% --
04/06/2021 04/06/21 For Rent $1,800 0.0% --
12/16/2019 12/16/19 Sold $205,000 -17.8% $290 / Sq Ft
11/15/2019 11/15/19 Pending -- -- --
11/01/2019 11/01/19 For Sale $249,500 -- $353 / Sq Ft

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 $3,331 $293,700 $0 $293,700
2024 $3,047 $262,200 $0 $262,200
2023 $3,091 $247,100 $0 $247,100
2022 $3,028 $228,500 $0 $228,500
2021 $2,829 $205,000 $0 $205,000
2020 $3,008 $208,200 $0 $208,200
2019 $2,792 $184,900 $0 $184,900
2018 $2,515 $163,500 $0 $163,500
2017 $2,441 $153,900 $0 $153,900
2016 $2,272 $145,000 $0 $145,000
2015 $2,102 $128,100 $0 $128,100
Source: Public Records

Agents Affiliated with this Home

  • Brandon Lampron

    Seller's Agent in 2021

    Brandon Lampron

    Desired Homes Realty LLC

    (781) 215-2544

    4 Total Sales

    Brandon Lampron
    Section Image
  • Mark Belenkii

    Seller's Agent in 2019

    Mark Belenkii

    CRG Commercial

    (617) 590-7707

    5 Total Sales

    Mark Belenkii
    Section Image
  • Sean Connelly

    Buyer's Agent in 2019

    Sean Connelly

    William Raveis R.E. & Home Services

    (781) 631-2330

    3 in this area

    94 Total Sales

    Sean Connelly
    Section Image
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Map

Massachusetts Essex County Salem 01970 Downtown Salem

24 Norman St Unit 311, Salem, MA

This home is located at 24 Norman St Unit 311, Salem, MA 01970 and is currently estimated at $335,183, approximately $474 per square foot. 24 Norman St Unit 311 is a home located in Essex County with nearby schools including Saltonstall School, Carlton Elementary School, and Bates Elementary School.

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.

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