NOT LISTED FOR SALE

Estimated Value: $681,000 - $701,133

3 Beds
2 Baths
1,355 Sq Ft
1783 Built

Last Sold March 04, 2021

Last sale price $540,001 $399 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $4,429/month

34 Days on Market

Highlights

  • Bay View
  • Central Air
  • 1-minute walk to Swiniuch Park
  • Wood Flooring
  • Laundry Facilities

About This Home

As of March 2021

Meticulously maintained Historic Salem condo built by Nathanial Silsbee in 1783 has been extensively updated between 2018 and 2019! This first level condo has it all including a beautiful large fireplaced living room, kitchen with granite countertops, two sinks and large walk-in pantry and lots of storage with additional storage space in the basement. Separate laundry on site, designated storage space in garage and fenced in yard. Dedicated private driveway fits up to 3 cars. Close to downtown Salem, waterfront, many historic sites, restaurants, Salem Ferry and so much more!

Last Listed By

Ryan Guilmartin

MerryFox Realty Listed on: 12/16/2020

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,128

Year Built

  • Built in 1783

Kitchen

  • Range
  • Dishwasher

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air
  • Hot Water Baseboard Heater
  • Heating System Uses Gas
  • Individual Controls for Heating
  • Electric Water Heater

Additional Features

  • Bay Views
  • Wood Flooring
  • Basement

Community Details

  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number M:41 L:0323 S:801

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,128

Year Built

Built in 1783

Lot Details

0

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: 2/3 Family
  • Other Agent: 1.00
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 398.52
  • Comp Based On: Net Sale Price
  • Year Built: 1783
  • Lead Paint: Unknown
  • Unit Building: 1
  • Unit Level: 1
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1783

Interior Features

  • Fireplaces: 1
  • Flooring: Wood
  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
  • No Bedrooms: 3
  • Master Bedroom: On Level: First Floor, Flooring - Wood
  • Bedroom 2: On Level: First Floor, Flooring - Wood
  • Bedroom 3: On Level: First Floor, Closet - Walk-in, Flooring - Wood
  • Bedroom 4: Closet - Walk-in
  • Full Bathrooms: 2
  • No Rooms: 5
  • Dining Room: On Level: First Floor, Flooring - Hardwood
  • Kitchen: Flooring - Wood
  • Laundry: On Level: Basement
  • Laundry Features: In Building
  • Living Room: On Level: First Floor, Fireplace, Flooring - Hardwood
  • Basement: Y
  • No Living Levels: 1
  • Main Lo: C95098
  • Main So: C95236
  • Estimated Sq Ft: 1355.00

Exterior Features

  • Beachfront Flag: Yes
  • Beach Miles To: 1 to 2 Mile
  • Waterview Features: Bay
  • Waterview Flag: Yes
  • Construction: Frame
  • Exterior: Clapboard
  • Exterior Unit Features: Storage Shed, Fenced Yard

Garage/Parking

  • Parking Feature: Off-Street, Deeded
  • Parking Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Cooling: Central Air
  • Heating: Hot Water Baseboard, Gas, Individual
  • Hot Water: Electric
  • Utility Connections: for Gas Range, for Electric Range

Condo/Co-op/Association

  • Amenities: Public Transportation, Park
  • HOA Fees: 300.00
  • Association Fee Includes: Hot Water, Water, Sewer, Master Insurance, Laundry Facilities, Exterior Maintenance, Landscaping, Snow Removal, Garden Area, Reserve Funds, Flood Insurance
  • Condo Association: Yes
  • Management: Owner Association

Lot Info

  • Assessments: 420400.00
  • Page: 524
  • Parcel Number: M:41 L:0323 S:801
  • Zoning: R

Tax Info

  • Taxes: 6075.00
  • Assessor Parcel Number: 2138146
  • Tax Year: 2020

Multi Family

  • No Units: 3
  • No Units Owner Occ: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2020
Closed on
Mar 4, 2021
Sold by
Baggio Monica and Yanes-Tealdi Edoardo
Bought by
Rees Jonathan R
Seller's Agent
Ryan Guilmartin
MerryFox Realty
Buyer's Agent
Stephen Miles
Keller Williams Realty Evolution
List Price
$540,000
Sold Price
$540,001
Premium/Discount to List
$1
0.0%
Total Days on Market
34
Current Estimated Value
$691,783

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,782
Avg. Annual Appreciation
6.06%
Original Mortgage
$369,000
Outstanding Balance
$334,519
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$357,264

Purchase Details

Listed on
May 29, 2018
Closed on
Jun 29, 2018
Sold by
Theresa A Kennedy Nt
Bought by
Baggio Monica and Yanez-Tealdi Edoardo
Seller's Agent
Emily Gaffney
Coldwell Banker Realty - Marblehead
Buyer's Agent
Federal Street Properties Group
Keller Williams Realty Evolution
List Price
$395,000
Sold Price
$405,000
Premium/Discount to List
$10,000
2.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.33%

Purchase Details

Listed on
Jun 9, 2016
Closed on
Aug 11, 2016
Sold by
Streeter Michael W and Streeter Erin M
Bought by
Theresa A Kennedy Nt
Seller's Agent
Pam McKee
Keller Williams Realty Evolution
Buyer's Agent
Emily Gaffney
Coldwell Banker Realty - Marblehead
List Price
$374,900
Sold Price
$380,000
Premium/Discount to List
$5,100
1.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.45%

Purchase Details

Closed on
Jun 1, 2010
Sold by
Mcguinnes Melissa and Wesson Adam M
Bought by
Streeter Erin M and Streeter Michael W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,880
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 10, 2005
Sold by
Brown Marilyn
Bought by
Mcguinnes Melissa and Wesson Adam M

Purchase Details

Closed on
May 15, 1997
Sold by
Harrison Dennis R and Harrison Patricia
Bought by
Fuller Ann L

Purchase Details

Closed on
Oct 25, 1996
Sold by
Sylvester Donald
Bought by
Harrison Dennis R and Harrison Patricia M

Purchase Details

Closed on
Aug 14, 1996
Sold by
Cabot Laurie
Bought by
Sylvester Donald R

Range of Values:

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Average Value
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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
Rees Jonathan R $540,001 None Available
Baggio Monica $405,000 --
Theresa A Kennedy Nt $380,000 --
Streeter Erin M $310,000 --
Mcguinnes Melissa $280,000 --
Fuller Ann L $125,500 --
Harrison Dennis R $119,000 --
Sylvester Donald R $72,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rees Jonathan R $369,000
Previous Owner Theresa A Kennedy Nt $266,000
Previous Owner Cabot Laurie $301,081
Previous Owner Cabot Laurie $305,880
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2021 03/04/21 Sold $540,001 0.0% $399 / Sq Ft
01/19/2021 01/19/21 Pending -- -- --
12/16/2020 12/16/20 For Sale $540,000 +33.3% $399 / Sq Ft
06/29/2018 06/29/18 Sold $405,000 +2.5% $299 / Sq Ft
06/05/2018 06/05/18 Pending -- -- --
05/29/2018 05/29/18 For Sale $395,000 +3.9% $292 / Sq Ft
08/11/2016 08/11/16 Sold $380,000 +1.4% $280 / Sq Ft
06/14/2016 06/14/16 Pending -- -- --
06/09/2016 06/09/16 For Sale $374,900 -- $277 / 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 $7,128 $628,600 $0 $628,600
2024 $6,879 $592,000 $0 $592,000
2023 $6,678 $533,800 $0 $533,800
2022 $6,477 $488,800 $0 $488,800
2021 $6,374 $461,900 $0 $461,900
2020 $6,075 $420,400 $0 $420,400
2019 $5,767 $381,900 $0 $381,900
2018 $5,321 $346,000 $0 $346,000
2017 $4,785 $301,700 $0 $301,700
2016 $4,460 $284,600 $0 $284,600
2015 $4,464 $272,000 $0 $272,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72767425

MLS Property Information Network (MLS PIN)

APN: SALE-000041-000000-000323-000801-000801