NOT LISTED FOR SALE

Estimated Value: $378,000 - $481,000

3 Beds
1 Bath
975 Sq Ft
$427/Sq Ft Est. Value

Last Sold November 16, 2023

Last sale price $340,000 $349 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $2,752/month

27 Days on Market

Highlights

  • Waterfront
  • Property is near public transit
  • Community Garden
  • Fireplace in Primary Bedroom
  • Wood Flooring
  • 3-minute walk to Swiniuch Park

About This Home

As of November 2023

1820 Essex Street Condominiums are Salem's antique charm at it's best! If you want to live in a piece of Salem history this will not disappoint. This condo can be a 2 or 3 bedroom depending in your personal preference. Walkable to ocean (Collins Cove), water shuttle (Salem Landing), train station, desirable Pickering Wharf and Salem Willows. Condo has some original wide pine floors and some oak floors. Timely touches with cubbies and built in shelving, 2 fireplace that are decorative only. Freshly painted interior with new stove and new lighting and a refreshed bathroom. Property boasts a large fenced in shared backyard. Open for your own garden! Low condo fees. Condo has updated gas heating system, hot water heater, low maintenance exterior and more... see additional information on the work done on condo and building.

Last Agent to Sell the Property

Kathie Strout

Century 21 North East Listed on: 09/29/2023

Century 21 North East

Last Buyer's Agent

Cynthia Nina-Soto

Nina-Soto Realty, LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,532

Year Built

  • Built in 1820

Lot Details

  • 3,075 Sq Ft Lot
  • Waterfront
  • Near Conservation Area
  • Two or More Common Walls
  • Fenced Yard
  • Security Fence

HOA Fees

  • $170 Monthly HOA Fees

Home Design

  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 975 Sq Ft Home
  • 3-Story Property
  • Wainscoting
  • Recessed Lighting
  • Decorative Lighting
  • Insulated Windows
  • Entryway
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Area
  • Range

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary bedroom located on second floor
  • 1 Full Bathroom
  • Separate Shower

Basement

  • Exterior Basement Entry
  • Laundry in Basement

Parking

  • On-Street Parking
  • Open Parking

Utilities

  • No Cooling
  • Forced Air Heating System
  • 2 Heating Zones
  • Heating System Uses Natural Gas
  • 100 Amp Service
  • Natural Gas Connected

Additional Features

  • Walking Distance to Water
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number M:41 L:0196 S:803,4383618

Community Details

Overview

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

Amenities

  • Community Garden
  • Common Area
  • Laundry Facilities
  • Community Storage Space

Recreation

  • Park
  • Jogging Path

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Resident Manager or Management On Site

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,532

Year Built

Built in 1820

Lot Details

0

HOA Fees

$170 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Townhouse
  • Year Built: 1820
  • Buyer Agency: 2
  • Entry Level: 2
  • Transaction Broker: 0
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Wood, Vinyl
  • Interior Amenities: Closet, Entry Hall
  • Fireplace Features: Living Room, Master Bedroom
  • Fireplace YN: Yes
  • Fireplaces: 2
  • Appliances: Range, Utility Connections for Gas Range
  • Total Bedrooms: 3
  • Room Bedroom2 Level: Third
  • Room Bedroom2 Features: Closet, Flooring - Wood, Recessed Lighting
  • Room Bedroom3 Features: Flooring - Wood, Recessed Lighting
  • Room Bedroom3 Level: Third
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Main Level Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Features: Closet, Flooring - Wood, Exterior Access, Wainscoting
  • Room Master Bedroom Level: Second
  • Bathroom 1 Features: Bathroom - 3/4, Bathroom - Tiled With Shower Stall, Flooring - Vinyl, Wainscoting, Lighting - Sconce
  • Bathroom 1 Level: Main,Second
  • Room Kitchen Level: Main,Second
  • Room Kitchen Features: Bathroom - Full, Closet, Flooring - Vinyl, Dining Area
  • Laundry Features: In Basement, Common Area, In Building
  • Room Living Room Level: Main,Second
  • Room Living Room Features: Closet, Flooring - Wood, Exterior Access, Wainscoting
  • Basement: Y
  • Living Area: 975
  • Spa YN: No
  • Stories Total: 3
  • Window Features: Insulated Windows
  • MAIN LO: AN4339
  • LIST PRICE PER Sq Ft: 337.44
  • PRICE PER Sq Ft: 348.72
  • MAIN SO: AN6324
  • Insulation: Unknown

Exterior Features

  • Exterior Features: Fenced Yard
  • Common Walls: 2+ Common Walls
  • Construction Materials: Frame
  • Fencing: Security, Fenced
  • Home Warranty YN: No
  • Roof: Shingle
  • Waterfront Features: Beach Front, Ocean, Walk to, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: On Street, None

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Cooling: None
  • Heating: Forced Air, Natural Gas, Electric
  • Cooling Y N: No
  • Electric: 100 Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • SEWAGE DISTRICT: essex
  • HEAT ZONES: 2
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Association Amenities: Laundry, Storage, Garden Area
  • Association Fee: 170.14
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Park, Walk/Jog Trails, Conservation Area, T-Station
  • Senior Community YN: No
  • UNIT BUILDING: 3
  • MANAGEMENT: Professional - On Site
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Lot Info

  • Parcel Number: M:41 L:0196 S:803,4383618
  • Zoning: R2
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.07
  • Lot Size Area: 0.07
  • Lot Size Sq Ft: 3075
  • Lot Size Units: Acres
  • PAGE: 150
  • OUTDOOR SPACE AVAILABLE: Yes - Common
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3532
  • Tax Book Number: 27158

Multi Family

  • Number Of Units Total: 4
  • Basement Included Sq Ft: No
  • NO UNITS OWNER OCC: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2023
Closed on
Nov 16, 2023
Sold by
Bacigalupo Nancy A
Bought by
Albarelli Benjamin M
Seller's Agent
Kathie Strout
Century 21 North East
Buyer's Agent
Cynthia Nina-Soto
Nina-Soto Realty, LLC
List Price
$329,000
Sold Price
$340,000
Premium/Discount to List
$11,000
3.34%
Views
349
Current Estimated Value
$415,898

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,898
Avg. Annual Appreciation
10.63%
Original Mortgage
$323,000
Outstanding Balance
$317,900
Interest Rate
7.49%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$89,078

Purchase Details

Closed on
Aug 31, 2007
Sold by
Douglas Bridget and Douglas Stephen
Bought by
Bacigalupo Nancy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,400
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 29, 2003
Sold by
Holloran Jeffrey E
Bought by
Oconnell Bridget

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,075
Interest Rate
5.27%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Albarelli Benjamin M $340,000 None Available
Bacigalupo Nancy A $192,000 --
Oconnell Bridget $188,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Albarelli Benjamin M $323,000
Previous Owner Bacigalupo Nancy A $190,000
Previous Owner Bacigalupo Nancy A $186,750
Previous Owner Oconnell Bridget $182,400
Previous Owner Oconnell Bridget $179,075
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2023 11/16/23 Sold $340,000 +3.3% $349 / Sq Ft
10/27/2023 10/27/23 Pending -- -- --
10/16/2023 10/16/23 For Sale $329,000 0.0% $337 / Sq Ft
10/13/2023 10/13/23 For Sale $329,000 0.0% $337 / Sq Ft
10/07/2023 10/07/23 Pending -- -- --
10/06/2023 10/06/23 Pending -- -- --
09/29/2023 09/29/23 For Sale $329,000 -- $337 / 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 $3,784 $333,700 $0 $333,700
2024 $3,940 $339,100 $0 $339,100
2023 $3,532 $282,300 $0 $282,300
2022 $3,397 $256,400 $0 $256,400
2021 $3,308 $239,700 $0 $239,700
2020 $3,206 $221,900 $0 $221,900
2019 $3,082 $204,100 $0 $204,100
2018 $2,951 $191,900 $0 $191,900
2017 $2,866 $180,700 $0 $180,700
2016 $2,683 $171,200 $0 $171,200
2015 $2,652 $161,600 $0 $161,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73165208

MLS Property Information Network (MLS PIN)

APN: SALE-000041-000000-000196-000803-000803