NOT LISTED FOR SALE

Estimated Value: $271,000 - $309,994

1 Bed
1 Bath
586 Sq Ft
$102/mo HOA Fee

Last Sold May 25, 2022

Last sale price $260,000 $444 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,972/month

4 Days on Market

Highlights

  • Marina
  • Waterfront
  • Fireplace in Primary Bedroom
  • Medical Services
  • Custom Closet System
  • 3-minute walk to Swiniuch Park

About This Home

As of May 2022

Have you been yearning for a condo full of warmth, character and charm? If you are tired of the cookie cutter condo trend, then 26 Essex Street is sure to delight. This inviting one bedroom condo offers a versatile layout/floorplan, hardwood flooring, built-in’s and an ornamental fireplace. A spacious living room and bedroom with an oversized closet, plus an eat-in kitchen are all situated on the 1st floor. Hard to find yard space is available for everyone to enjoy. Owner upgrades include a 2020 gas furnace, and 2021 water heater which add to value. Recent association improvements include: 2021 vinyl siding, chimney removal, new stairs, new support beams and masonry pointing of foundation, just to name a few! Conveniently located to Salem Willows, vibrant downtown Salem shopping and restaurants, museums (which are free to Salem residents) and the Commuter Rail & Ferry to Boston.

Last Listed By

Maura Allard

Leading Edge Real Estate Listed on: 04/14/2022

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,335

Year Built

  • Built in 1820

Lot Details

  • Waterfront
  • Fenced

HOA Fees

  • $102 Monthly HOA Fees

Home Design

  • Garden Home
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 586 Sq Ft Home
  • 1-Story Property
  • Light Fixtures
  • Insulated Windows

Kitchen

  • Range
  • Stainless Steel Appliances
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Custom Closet System
  • Walk-In Closet
  • 1 Full Bathroom
  • Separate Shower

Basement

  • Exterior Basement Entry
  • Laundry in Basement

Parking

  • On-Street Parking
  • Open Parking

Outdoor Features

  • Outdoor Storage
  • Rain Gutters

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Collins Middle School
  • Salem High School

Utilities

  • No Cooling
  • 1 Heating Zone
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Natural Gas Connected
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 4376258

Community Details

Overview

  • Association fees include water, sewer, insurance, maintenance structure, ground maintenance
  • 4 Units
  • 1820 Essex House Condominium Community

Amenities

  • Medical Services
  • Common Area
  • Shops
  • Laundry Facilities

Recreation

  • Marina
  • Park
  • Jogging Path
  • Bike Trail

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,335

Year Built

Built in 1820

Lot Details

0

HOA Fees

$102 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Garden
  • Year Built: 1820
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Entry Level: 1
  • Transaction Broker: 1.5
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Gross/Full Sale Price
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Hardwood
  • Interior Amenities: Internet Available - Broadband
  • Entry Location: Unit Placement(Street,Front)
  • Fireplace Features: Master Bedroom
  • Fireplace YN: Yes
  • Appliances: Range,Disposal,Refrigerator, Electric Water Heater, Utility Connections for Gas Range
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Main Level Bedrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Features: Walk-In Closet(s), Closet/Cabinets - Custom Built, Flooring - Hardwood
  • Room Master Bedroom Level: Main
  • Room Master Bedroom Area: 144
  • Master Bathroom Features: No
  • Bathroom 1 Area: 22
  • Bathroom 1 Features: Bathroom - Full, Bathroom - With Shower Stall
  • Bathroom 1 Level: First
  • Room Kitchen Level: Main
  • Room Kitchen Features: Flooring - Laminate, Countertops - Stone/Granite/Solid, Exterior Access, Stainless Steel Appliances, Lighting - Overhead
  • Room Kitchen Area: 126
  • Laundry Features: In Basement, In Building
  • Room Living Room Level: Main
  • Room Living Room Area: 168
  • Room Living Room Features: Flooring - Hardwood, Exterior Access, Lighting - Overhead
  • Living Area: 586
  • Stories Total: 1
  • Window Features: Insulated Windows
  • MAIN LO: AN4643
  • LIST PRICE PER Sq Ft: 418.09
  • PRICE PER Sq Ft: 443.69
  • MAIN SO: AN6854

Exterior Features

  • Exterior Features: Storage, Rain Gutters
  • Common Walls: Corner
  • Construction Materials: Frame
  • Fencing: Fenced
  • Roof: Shingle
  • Waterfront Features: Beach Front, Ocean, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: Yes

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: On Street

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Cooling: None
  • Heating: Baseboard, Natural Gas
  • Cooling Y N: No
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 1
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Association Amenities: Laundry
  • Association Fee: 102.09
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Bike Path, House of Worship, Marina, Private School, Public School, T-Station, University
  • UNIT BUILDING: 2
  • MANAGEMENT: Owner Association
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Lot Info

  • Parcel Number: 4376258
  • Zoning: R2
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.07
  • Lot Size Area: 0.07
  • Lot Size Sq Ft: 3049.2
  • Lot Size Units: Acres
  • LOT SIZE: 3075
  • PAGE: 241
  • OUTDOOR SPACE AVAILABLE: Yes - Common

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2334.65
  • Tax Book Number: 21464

Multi Family

  • Number Of Units Total: 4
  • Basement Included Sq Ft: No
  • NO UNITS OWNER OCC: 1

MLS Schools

  • High School: Salem Hs
  • Middle Or Junior School: Collins Ms

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2022
Closed on
May 25, 2022
Sold by
Palmer Elizabeth R
Bought by
Fitzgerald Clare
Seller's Agent
Maura Allard
Leading Edge Real Estate
Buyer's Agent
Barbi Harrison
Keystone Group Real Estate, LLC
List Price
$245,000
Sold Price
$260,000
Premium/Discount to List
$15,000
6.12%
Total Days on Market
4
Current Estimated Value
$292,749

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,749
Avg. Annual Appreciation
4.05%
Original Mortgage
$215,000
Outstanding Balance
$205,981
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$86,768

Purchase Details

Closed on
Aug 6, 2003
Sold by
Holloran Jeffrey E
Bought by
Palmer Elizabeth R and Leon Glenn S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
5.28%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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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
Fitzgerald Clare $260,000 None Available
Palmer Elizabeth R $145,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fitzgerald Clare $215,000
Previous Owner Palmer Elizabeth R $29,000
Previous Owner Palmer Elizabeth R $136,000
Previous Owner Palmer Elizabeth R $116,000
Previous Owner Palmer Elizabeth R $21,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2022 05/25/22 Sold $260,000 +6.1% $444 / Sq Ft
04/19/2022 04/19/22 Pending -- -- --
04/14/2022 04/14/22 For Sale $245,000 -- $418 / 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 $2,875 $253,500 $0 $253,500
2024 $2,840 $244,400 $0 $244,400
2023 $2,418 $193,300 $0 $193,300
2022 $2,335 $176,200 $0 $176,200
2021 $2,273 $164,700 $0 $164,700
2020 $2,209 $152,900 $0 $152,900
2019 $2,129 $141,000 $0 $141,000
2018 $2,044 $132,900 $0 $132,900
2017 $1,989 $125,400 $0 $125,400
2016 $1,862 $118,800 $0 $118,800
2015 $1,841 $112,200 $0 $112,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72966671

MLS Property Information Network (MLS PIN)

APN: SALE-000041-000000-000196-000802-000802