$180,000
SOLD OCT 26, 2017
2 Beds
1 Bath
637 Sq Ft
$275/mo HOA Fee

Recently Sold

$283 Per Sq Ft

7% Above List Price

2 Days on Market

Highlights

  • Marina
  • Medical Services
  • City View
  • Golf Course Community
  • No Units Above
  • Waterfront

About This Home

As of October 2017

Attention Commuters, SSU & Others: This is your chance to own a 2-BR condo for less than area rents! This one offers it all a sun-filled, modern unit located on the top floor of a brick building featuring gleaming hardwood floors, fully updated-applianced kitchen, generous room sizes & closets, exclusive deck area for seating, energy efficient oversized replacement windows & central air located in a brick building on a tree lined one-way street. Save on a gym membership by living in this top floor walk up. The common area includes a courtyard, storage space, coin-op laundry room with a deeded parking space. The location is ideal for walking to Town, Train/Bus, Salem State U, Forest River Park/Beach, MBTA bus stop, shops and restaurants. Get in by Halloween to enjoy Salem's festivities and all this City offers including dining, museums, education, shopping, events & more. Great alternative to living in Boston, come 28 minutes down the MBTA-line and get so much more for your money.

Last Agent to Sell the Property

M. J. Taglieri

Options Real Estate Services, LLC Listed on: 09/27/2017

Last Buyer's Agent

Maggie Gibson

MerryFox Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,938

Year Built

  • Built in 1920

Lot Details

  • Waterfront
  • Near Conservation Area
  • No Units Above
  • Garden

HOA Fees

  • $275 Monthly HOA Fees

Home Design

  • Garden Home
  • Brick Exterior Construction
  • Rubber Roof

Interior Spaces

  • 637 Sq Ft Home
  • 4-Story Property
  • Insulated Windows
  • City Views
  • Laundry on main level

Kitchen

  • Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Basement

  • Exterior Basement Entry
  • Laundry in Basement

Parking

  • 1 Car Parking Space
  • Off-Street Parking
  • Deeded Parking

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Central Air
  • 1 Cooling Zone
  • 1 Heating Zone
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Natural Gas Connected
  • Gas Water Heater

Additional Features

  • Energy-Efficient Thermostat
  • Covered Patio or Porch

Listing and Financial Details

  • Assessor Parcel Number M:33 L:0121 S:808,2134651

Community Details

Overview

  • Association fees include water, sewer, insurance, maintenance structure, ground maintenance, snow removal
  • 12 Units
  • Mid-Rise Condominium

Amenities

  • Medical Services
  • Common Area
  • Shops
  • Coin Laundry
  • Community Storage Space

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Community Pool
  • Park
  • Jogging Path
  • Bike Trail

Pet Policy

  • Breed Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,938

Year Built

Built in 1920

Lot Details

0

HOA Fees

$275 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Garden, Mid-Rise
  • Year Built: 1920
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Entry Level: 4
  • Transaction Broker: 0
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 4

Interior Features

  • Flooring: Wood, Tile, Carpet
  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Disposal,Refrigerator, Gas Water Heater, Utility Connections for Gas Range
  • Total Bedrooms: 2
  • Room Bedroom2 Area: 156
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Area: 182
  • Master Bathroom Features: No
  • Laundry Features: Main Level, Exterior Access, In Basement, In Building
  • Living Area: 637
  • Stories Total: 4
  • Window Features: Insulated Windows
  • MAIN LO: C95127
  • LIST PRICE PER Sq Ft: 265.31
  • PRICE PER Sq Ft: 282.57
  • MAIN SO: C95279

Exterior Features

  • Exterior Features: Garden
  • Common Walls: No One Above
  • Construction Materials: Brick
  • Patio And Porch Features: Covered
  • Roof: Rubber
  • View: City
  • View YN: Yes
  • Waterfront Features: Beach Front, Ocean, 3/10 to 1/2 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: Yes

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street, Deeded
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Cooling: Central Air
  • Heating: Baseboard, Natural Gas
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 1
  • COOLING ZONES: 1

Condo/Co-op/Association

  • Association Amenities: Laundry, Storage
  • Association Fee: 275
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, House of Worship, Marina, Private School, Public School, T-Station, University
  • UNIT BUILDING: 7
  • MANAGEMENT: Professional - Off Site
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal

Lot Info

  • Parcel Number: M:33 L:0121 S:808,2134651
  • Zoning: RES
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Property Attached YN: Yes
  • PAGE: 101
  • OUTDOOR SPACE AVAILABLE: Yes - Common

Green Features

  • Green Energy Efficient: Thermostat

Rental Info

  • Pets Allowed: Breed Restrictions

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 1938
  • Tax Book Number: 18988

Multi Family

  • Number Of Units Total: 12
  • NO UNITS OWNER OCC: 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2017
Closed on
Oct 26, 2017
Sold by
Chumack Robert G and Chumack Patricia A
Bought by
Thomas Nathan F
Seller's Agent
M. J. Taglieri
Options Real Estate Services, LLC
Buyer's Agent
Maggie Gibson
MerryFox Realty
List Price
$169,000
Sold Price
$180,000
Premium/Discount to List
$11,000
6.51%
Current Estimated Value
$367,801

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$187,801
Avg. Annual Appreciation
9.52%
Original Mortgage
$172,800
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 23, 2012
Sold by
Chumack Patricia A
Bought by
Chumack Robert G and Chumack Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,000
Interest Rate
3.98%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Not Resolvable $180,000 --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $192,000 Stand Alone Refi Refinance Of Original Loan
Closed $172,800 New Conventional
Previous Owner $142,000 New Conventional
Previous Owner $148,500 No Value Available
Previous Owner $128,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2021 08/27/21 Rented $1,800 0.0% --
08/27/2021 08/27/21 Under Contract -- -- --
08/17/2021 08/17/21 For Rent $1,800 0.0% --
10/26/2017 10/26/17 Sold $180,000 +6.5% $283 / Sq Ft
09/28/2017 09/28/17 Pending -- -- --
09/26/2017 09/26/17 For Sale $169,000 -- $265 / 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 $2,981 $262,900 $0 $262,900
2024 $2,936 $252,700 $0 $252,700
2023 $2,827 $226,000 $0 $226,000
2022 $2,618 $197,600 $0 $197,600
2021 $2,379 $172,400 $0 $172,400
2020 $2,230 $154,300 $0 $154,300
2019 $2,158 $142,900 $0 $142,900
2018 $1,875 $121,900 $0 $121,900
2017 $1,938 $122,200 $0 $122,200
2016 $1,866 $119,100 $0 $119,100
2015 $1,797 $109,500 $0 $109,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72234384

MLS Property Information Network (MLS PIN)

APN: SALE-000033-000000-000121-000808-000808