NOT LISTED FOR SALE

27 Ocean Ave Unit 1 Salem, MA 01970

South Salem Neighborhood

Estimated Value: $413,552 - $706,000

2 Beds
1 Bath
1,125 Sq Ft
4,356 Sq Ft Lot

Sale Details

Date Sold: December 11, 2018

Last sale price $219,900 $195 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $3,257 / mo

20 Days on Market

Highlights

  • Medical Services
  • Wood Flooring
  • Porch
  • Property is near public transit and schools
  • 1 Car Detached Garage
  • 5-minute walk to Forest River Park

About This Home

As of December 2018

Thursday 10/11 from 5pm to 6pm..Beautifully maintained 7 rooms 2 bedrooms and 1 full bathroom. Consists of spacious living room with an extra office space, dinning room, and eat-in kitchen, e bedrooms and one full bathroom. Decent size lot with garden and 1 car-garage with additional parking space. Great neighborhood and conveniently close to many of the area's amenities and the Salem State University. Master and insurance and water bills are split equally between 2 unit owners,

Last Agent to Sell the Property

Van Son

Mass Broker Services Listed on: 10/06/2018

Last Buyer's Agent

Van Son

Mass Broker Services Listed on: 10/06/2018

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,331

Year Built

  • Built in 1915

Lot Details

  • 4,356

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Open Parking
  • Off-Street Parking
  • Deeded Parking

Home Design

  • Entry on the 1st floor
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,125 Sq Ft Home
  • 2-Story Property
  • Insulated Windows
  • Range

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Utilities

  • Window Unit Cooling System
  • Heating System Uses Oil
  • Baseboard Heating
  • 100 Amp Service
  • Natural Gas Connected
  • Gas Water Heater

Additional Features

  • Porch
  • Property is near public transit and schools

Listing and Financial Details

  • Assessor Parcel Number M:33 L:0715 S:801,4671790

Community Details

Overview

  • Association fees include reserve funds
  • 2 Units

Amenities

  • Medical Services
  • Common Area
  • Shops
  • Coin Laundry

Security

  • Storm Doors

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,331

Year Built

Built in 1915

Lot Details

4,356 Sq Ft Lot

HOA Fees

$100 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Detached
  • Year Built: 1915
  • Buyer Agency Type: %
  • Dual Variable: Yes
  • Entry Level: 1
  • Sub Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: Yes
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Tile, Hardwood
  • Door Features: Storm Door(s)
  • Entry Location: Unit Placement(Street)
  • Fireplace YN: No
  • Appliances: Range,Refrigerator,Washer,Dryer, Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Oven
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Master Bathroom Features: No
  • Laundry Features: In Building
  • Living Area: 1125
  • Stories Total: 2
  • Window Features: Insulated Windows
  • MAIN LO: AN0195
  • MAIN SO: AN0195

Exterior Features

  • Construction Materials: Frame
  • Patio And Porch Features: Porch
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage YN: No
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Detached, Deeded, Off Street, Paved
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Oven
  • Cooling: Window Unit(s)
  • Heating: Baseboard, Oil
  • Cooling Y N: Yes
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating YN: Yes
  • Water Source: Public, Other

Condo/Co-op/Association

  • Association Fee: 100
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, University
  • MANAGEMENT: No Management
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Reserve Funds

Lot Info

  • Parcel Number: M:33 L:0715 S:801,4671790
  • Zoning: R1
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.1
  • Lot Size Sq Ft: 4356
  • Lot Size Units: Acres
  • Property Attached YN: No
  • LOT SIZE: 4286
  • OUTDOOR SPACE AVAILABLE: Yes - Common

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 3331

Multi Family

  • Number Of Units Total: 2

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
May 20, 2026
Sold by
Bought by
Current Estimated Value
$521,388

Purchase Details

Closed on
Dec 8, 2021
Sold by
Bought by

Purchase Details

Listed on
Oct 6, 2018
Closed on
Dec 11, 2018
Sold by
Bought by
Seller's Agent
Van Son
Mass Broker Services
Buyer's Agent
Van Son
Mass Broker Services
List Price
$219,900
Sold Price
$219,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.96%
Original Mortgage
$118,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 14, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$500,000 --
-- None Available
$219,900 --
-- --
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $113,000
Previous Owner $160,000
Previous Owner $118,000
Previous Owner $92,500
Previous Owner $70,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/11/2018 12/11/18 Sold $219,900 0.0% $195 / Sq Ft
10/26/2018 10/26/18 Pending -- -- --
10/06/2018 10/06/18 For Sale $219,900 -- $195 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,798 $334,900 $0 $334,900
2024 $3,713 $319,500 $0 $319,500
2023 $3,617 $289,100 $0 $289,100
2022 $3,511 $265,000 $0 $265,000
2021 $3,461 $250,800 $0 $250,800
2020 $3,420 $236,700 $0 $236,700
2019 $3,585 $237,400 $0 $237,400
2018 $3,331 $216,600 $0 $216,600
2017 $3,267 $206,000 $0 $206,000
2016 $3,095 $197,500 $0 $197,500
2015 $3,100 $188,900 $0 $188,900
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2018

    Van Son

    Mass Broker Services

    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72406855

MLS Property Information Network (MLS PIN)

APN: SALE-000033-000000-000715-000801-000801

Massachusetts Essex County Salem 01970 South Salem

27 Ocean Ave Unit 1, Salem, MA

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MLS Property Information Network (MLS PIN) 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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