25 Cabot St Unit 1 Salem, MA 01970
South Salem Neighborhood
2
Beds
1
Bath
781
Sq Ft
3,049
Sq Ft Lot
About This Home
As of July 2021Beautiful 1st floor condo in fantastic location. Open concept 2 bedroom unit boasts gorgeous granite kitchen with under cabinet lighting breakfast bar and Stainless Steel appliances. Unit has gleaming hardwood flooring throughout and updated bath. Home also features gas heat with central a/c, basement storage, and 2 off street deeded parking spaces all this in close proximity to downtown, parks, and public transportation. OWN for less then rent! A real Gem!
Last Agent to Sell the Property
Coldwell Banker Realty - Lynnfield Listed on: 09/19/2014
Last Buyer's Agent
Jarrod Marchesi
RE/MAX Andrew Realty Services License #449549656
Property Details
Home Type
Condominium
Est. Annual Taxes
$4,264
Year Built
1870
Lot Details
0
Listing Details
- Unit Level: 1
- Unit Placement: Street
- Special Features: None
- Property Sub Type: Condos
- Year Built: 1870
Interior Features
- Has Basement: Yes
- Number of Rooms: 4
- Amenities: Public Transportation, Shopping, Medical Facility, Highway Access, University
- Electric: Circuit Breakers
- Energy: Insulated Windows, Insulated Doors, Prog. Thermostat
- Flooring: Wood
- Interior Amenities: Cable Available
- Bedroom 2: 9X10
- Kitchen: 12X11
- Living Room: 15X14
- Master Bedroom: 14X13
- Master Bedroom Description: Flooring - Hardwood
Exterior Features
- Construction: Frame
- Exterior: Aluminum
Garage/Parking
- Parking: Off-Street, Deeded
- Parking Spaces: 2
Utilities
- Cooling Zones: 1
- Heat Zones: 1
- Hot Water: Natural Gas
- Utility Connections: for Gas Oven, for Gas Dryer, Washer Hookup, for Electric Dryer
Condo/Co-op/Association
- Condominium Name: Cabot St Condominium
- Association Pool: No
- Management: No Management
- Pets Allowed: Yes w/ Restrictions
- No Units: 2
- Optional Fee Includes: Master Insurance
- Unit Building: 1
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%
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
$61,926
Avg. Annual Appreciation
3.33%
Original Mortgage
$346,750
Outstanding Balance
$318,012
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$99,078
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
Similar Home in Salem, MA
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Not Resolvable | $365,000 | None Available | |
| Not Resolvable | $208,000 | -- | |
| Not Resolvable | $177,000 | -- | |
| Deed | $180,000 | -- | |
| Deed | $180,000 | -- | |
| Foreclosure Deed | $212,000 | -- | |
| Foreclosure Deed | $212,000 | -- | |
| Deed | $421,000 | -- | |
| Deed | $421,000 | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | $235,000 | -- | |
| Deed | $235,000 | -- | |
| Deed | $134,000 | -- | |
| Deed | $134,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $346,750 | Purchase Money Mortgage | |
| Closed | $346,750 | Purchase Money Mortgage | |
| Previous Owner | $35,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $188,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $197,600 | Adjustable Rate Mortgage/ARM |
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
-
Seller's Agent in 2021
Kevin Farrar
Atlantic Coast Homes,Inc
(978) 578-3448
2 in this area
64 Total Sales
-
Seller's Agent in 2014
amy copeland potamis
Coldwell Banker Realty - Lynnfield
(781) 608-0292
99 Total Sales
-
J
Buyer's Agent in 2014
Jarrod Marchesi
RE/MAX
-
M
Seller's Agent in 2012
Mike Solimine
Solimine Real Estate
(781) 922-2630
7 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 71745819
APN: SALE-000033-000000-000229-000801-000801
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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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