25 Cabot St Unit 1 Salem, MA 01970
South Salem NeighborhoodEstimated Value: $395,000 - $438,361
2
Beds
1
Bath
781
Sq Ft
3,049
Sq Ft Lot
Highlights
- Wood Flooring
- ENERGY STAR Qualified Dryer
- Laundry Facilities
- Forced Air Heating and Cooling System
About This Home
As of July 2021Do not miss this beautiful 2BR 1BA condo with an open floor plan in an incredible location. Walk in to your large living room with lots of natural light, open to your tastefully done kitchen with wood cabinets, stainless steel appliances, nice pendant lighting and plenty of storage. Walk down the hall to two bedrooms and the bathroom. The master bedroom is large with an exposed brick wall, ceiling fan and plenty of closet space. The second bedroom also has nice hardwood flooring. Enjoy two car parking, extra storage and laundry in building. Area amenities include restaurants, shops, beaches, parks, museums, hotels, commuter rail, Salem State University and Salem Hospital.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,264
Year Built
- Built in 1870
Lot Details
- 3,049
Kitchen
- Oven
- Microwave
- ENERGY STAR Qualified Refrigerator
- ENERGY STAR Qualified Dishwasher
- ENERGY STAR Range
Flooring
- Wood
- Tile
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Natural Gas Water Heater
Additional Features
- ENERGY STAR Qualified Dryer
- Year Round Access
- Basement
Listing and Financial Details
- Assessor Parcel Number M:33 L:0229 S:801
Community Details
Amenities
- Laundry Facilities
Pet Policy
- Call for details about the types of pets allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 1, 2021
Closed on
Jul 9, 2021
Sold by
Decandia Brian and Decandia Caitlin
Bought by
Downey Timothy R
Seller's Agent
Kevin Farrar
Atlantic Coast Homes,Inc
Buyer's Agent
Kevin Farrar
Atlantic Coast Homes,Inc
List Price
$339,000
Sold Price
$365,000
Premium/Discount to List
$26,000
7.67%
Total Days on Market
6
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,090
Avg. Annual Appreciation
5.17%
Original Mortgage
$346,750
Outstanding Balance
$322,690
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$120,439
Purchase Details
Listed on
Sep 19, 2014
Closed on
Dec 4, 2014
Sold by
Potamis Joshua and Dagata-Potamis Wendy
Bought by
Decandia Brian
Seller's Agent
amy copeland potamis
Coldwell Banker Realty - Lynnfield
Buyer's Agent
Jarrod Marchesi
RE/MAX Andrew Realty Services
List Price
$210,000
Sold Price
$208,000
Premium/Discount to List
-$2,000
-0.95%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.89%
Original Mortgage
$197,600
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Listed on
Sep 26, 2011
Closed on
Apr 11, 2012
Sold by
Essex County Holdings
Bought by
Potamis Joshua
Seller's Agent
Mike Solimine
Solimine Real Estate
Buyer's Agent
amy copeland potamis
Coldwell Banker Realty - Lynnfield
List Price
$199,900
Sold Price
$177,000
Premium/Discount to List
-$22,900
-11.46%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.28%
Purchase Details
Closed on
Feb 7, 2011
Sold by
Wells Fargo Bk
Bought by
Essex County Holdings and Edgett
Purchase Details
Closed on
Dec 30, 2010
Sold by
Tsinijinni Alphonso
Bought by
Wells Fargo Bk
Purchase Details
Closed on
Dec 27, 2004
Sold by
Silva Arcelinda M and Silva Manuel S
Bought by
Tsinijinni Alphonso
Purchase Details
Closed on
May 25, 2004
Sold by
Silva Arcelinda M and Silva Manuel S J
Bought by
Silva Manuel S J
Purchase Details
Closed on
Nov 29, 2000
Sold by
Gallagher Irene
Bought by
Silva Manuel S
Purchase Details
Closed on
Dec 1, 1993
Sold by
Degrandpre J Est
Bought by
Gallagher Irene
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
Similar Homes in Salem, MA
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Downey Timothy R | $365,000 | None Available | |
| Decandia Brian | $208,000 | -- | |
| Potamis Joshua | $177,000 | -- | |
| Essex County Holdings | $180,000 | -- | |
| Essex County Holdings | $180,000 | -- | |
| Wells Fargo Bk | $212,000 | -- | |
| Wells Fargo Bk | $212,000 | -- | |
| Tsinijinni Alphonso | $421,000 | -- | |
| Tsinijinni Alphonso | $421,000 | -- | |
| Silva Manuel S J | -- | -- | |
| Silva Manuel S J | -- | -- | |
| Silva Manuel S | $235,000 | -- | |
| Silva Manuel S | $235,000 | -- | |
| Gallagher Irene | $134,000 | -- | |
| Gallagher Irene | $134,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Downey Timothy R | $346,750 | |
| Closed | Downey Timothy R | $346,750 | |
| Previous Owner | Decandia Brian | $35,000 | |
| Previous Owner | Decandia Brian | $188,000 | |
| Previous Owner | Gallagher Irene | $197,600 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/09/2021 07/09/21 | Sold | $365,000 | +7.7% | $467 / Sq Ft |
| 06/07/2021 06/07/21 | Pending | -- | -- | -- |
| 06/01/2021 06/01/21 | For Sale | $339,000 | 0.0% | $434 / Sq Ft |
| 04/17/2020 04/17/20 | Rented | $2,200 | 0.0% | -- |
| 03/03/2020 03/03/20 | For Rent | $2,200 | 0.0% | -- |
| 12/04/2014 12/04/14 | Sold | $208,000 | 0.0% | $266 / Sq Ft |
| 10/31/2014 10/31/14 | Pending | -- | -- | -- |
| 10/20/2014 10/20/14 | Off Market | $208,000 | -- | -- |
| 10/07/2014 10/07/14 | Price Changed | $204,750 | -2.5% | $262 / Sq Ft |
| 09/19/2014 09/19/14 | For Sale | $210,000 | +18.6% | $269 / Sq Ft |
| 04/11/2012 04/11/12 | Sold | $177,000 | -10.6% | $227 / Sq Ft |
| 01/16/2012 01/16/12 | Pending | -- | -- | -- |
| 12/05/2011 12/05/11 | Price Changed | $198,000 | -0.9% | $254 / Sq Ft |
| 11/08/2011 11/08/11 | Price Changed | $199,800 | -0.1% | $256 / Sq Ft |
| 09/26/2011 09/26/11 | For Sale | $199,900 | -- | $256 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $4,264 | $376,000 | $0 | $376,000 |
| 2024 | $4,170 | $358,900 | $0 | $358,900 |
| 2023 | $3,899 | $311,700 | $0 | $311,700 |
| 2022 | $3,309 | $249,700 | $0 | $249,700 |
| 2021 | $3,200 | $231,900 | $0 | $231,900 |
| 2020 | $3,143 | $217,500 | $0 | $217,500 |
| 2019 | $2,991 | $198,100 | $0 | $198,100 |
| 2018 | $2,784 | $181,000 | $0 | $181,000 |
| 2017 | $2,734 | $172,400 | $0 | $172,400 |
| 2016 | $2,587 | $165,100 | $0 | $165,100 |
| 2015 | $2,589 | $157,800 | $0 | $157,800 |
Source: Public Records
Agents Affiliated with this Home
-
Kevin Farrar
Seller's Agent in 2021
Kevin Farrar
Atlantic Coast Homes,Inc
(978) 578-3448
2 in this area
73 Total Sales
-
amy copeland potamis
Seller's Agent in 2014
amy copeland potamis
Coldwell Banker Realty - Lynnfield
(781) 608-0292
91 Total Sales
-
J
Buyer's Agent in 2014
Jarrod Marchesi
RE/MAX
-
Mike Solimine
M
Seller's Agent in 2012
Mike Solimine
Solimine Real Estate
(781) 922-2630
9 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72840315
APN: SALE-000033-000000-000229-000801-000801
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.
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.
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