NOT LISTED FOR SALE

27 Settlers Way Salem, MA 01970

Salem Willows Neighborhood

Estimated Value: $724,000 - $918,000

2 Beds
2.5 Baths
1,838 Sq Ft
$438/Sq Ft Est. Value

Last Sold June 09, 2016

Last sale price $550,000 $299 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $5,370/month

6 Days on Market

Highlights

  • Community Beach Access
  • Private Water Access
  • Landscaped Professionally
  • Boat Dock
  • Medical Services
  • 5-minute walk to Irzyk Park

About This Home

As of June 2016

Enjoy carefree living and beautiful harbor views from every level of this spacious townhouse. This is waterfront living at its best with your private association beach and dinghy dock steps from your door. The large fireplaced living room and adjoining deck allow you to enjoy the harbor activity year round. Sit in bed and sip your morning coffee while enjoying the picturesque views and harbor lights from the shoreline of Beverly. The comfortable layout features living room, dining area, kitchen and half bath on the main level with two spacious bedrooms, full bath and laundry on the second level. The lower level family room, office and bath lead to a brick patio and grassy area for family entertainment and easy access to the beach for launching your kayaks. Walk to Pickering Wharf, Salem Common, Salem Willows, downtown shops and restaurants. Minutes to the commuter rail and Salem Ferry to Boston. A rare find on the North Shore.

Last Agent to Sell the Property

Phil Bourgeault

Sagan Harborside Sotheby's International Realty Listed on: 04/12/2016

Sagan Harborside Sotheby's International Realty

Last Buyer's Agent

Sara Maurno

Coldwell Banker Realty - Beverly

Coldwell Banker Realty - Beverly

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,748

Year Built

  • Built in 1980

Lot Details

  • Landscaped Professionally
  • Sprinkler System

HOA Fees

  • $494 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Common or Shared Parking
  • Garage Door Opener
  • Open Parking

Home Design

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

Interior Spaces

  • 1,838 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Bay Window
  • Picture Window
  • Sliding Doors
  • Living Room with Fireplace
  • Dining Area
  • Home Office

Kitchen

  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Private Water Access
  • Balcony
  • Deck
  • Patio

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Bentley Elementary School
  • Collins Middle School
  • Salem High School

Utilities

  • Central Air
  • 1 Cooling Zone
  • 1 Heating Zone
  • Heat Pump System
  • 200+ Amp Service
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 420005827,2138189

Community Details

Overview

  • Association fees include water, sewer, insurance, maintenance structure, road maintenance, ground maintenance, snow removal, reserve funds
  • 36 Units
  • Collins Cove Condominiums Community

Amenities

  • Medical Services
  • Common Area
  • Shops
  • Clubhouse

Recreation

  • Boat Dock
  • Community Beach Access
  • Tennis Courts
  • Park
  • Jogging Path

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,748

Year Built

Built in 1980

Lot Details

0

HOA Fees

$494 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Townhouse
  • Year Built: 1980
  • Buyer Agency Type: %
  • Entry Level: 1
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Tile, Carpet, Hardwood, Flooring - Wall to Wall Carpet
  • Interior Amenities: Ceiling Fan(s), Office
  • Entry Location: Unit Placement(Street)
  • Fireplace Features: Living Room
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Range,Dishwasher,Disposal,Microwave,Refrigerator,Washer,Dryer,Range Hood, Electric Water Heater,Tank Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Dryer
  • Total Bedrooms: 2
  • Room Bedroom2 Level: Second
  • Room Bedroom2 Features: Ceiling Fan(s), Closet, Flooring - Wall to Wall Carpet
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Room Master Bedroom Features: Bathroom - Full, Ceiling Fan(s), Closet, Flooring - Wall to Wall Carpet, Window(s) - Picture
  • Room Master Bedroom Level: Second
  • Bathroom 1 Features: Bathroom - Half, Flooring - Stone/Ceramic Tile
  • Bathroom 1 Level: First
  • Bathroom 2 Level: Second
  • Bathroom 2 Features: Bathroom - Full, Flooring - Stone/Ceramic Tile
  • Bathroom 3 Features: Bathroom - 3/4, Flooring - Wall to Wall Carpet
  • Bathroom 3 Level: Basement
  • Room Dining Room Features: Flooring - Hardwood, Window(s) - Bay/Bow/Box
  • Room Dining Room Level: First
  • Room Family Room Level: Basement
  • Room Family Room Features: Bathroom - Full, Ceiling Fan(s), Closet, Cable Hookup, Slider
  • Room Kitchen Level: First
  • Room Kitchen Features: Flooring - Hardwood, Dining Area, Countertops - Stone/Granite/Solid, Stainless Steel Appliances
  • Laundry Features: In Unit
  • Room Living Room Level: First
  • Room Living Room Features: Flooring - Hardwood, Balcony / Deck, Slider
  • Room Office Level: Basement
  • Room Office Features: Ceiling Fan(s), Flooring - Wall to Wall Carpet
  • Living Area: 1838
  • Stories Total: 3
  • MAIN LO: AN1195
  • MAIN SO: an6181

Exterior Features

  • Exterior Features: Professional Landscaping, Sprinkler System
  • Construction Materials: Frame
  • Patio And Porch Features: Deck - Wood, Patio
  • Roof: Shingle
  • Waterfront Features: Waterfront, Beach Front, Ocean, Harbor, Dock/Mooring, Frontage, Access, Direct Access, Private, Harbor, Direct Access, 0 to 1/10 Mile To Beach, Beach Ownership(Association)
  • Waterfront YN: Yes

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, Garage Door Opener, Common, Paved
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Dryer
  • Cooling: Central Air
  • Heating: Heat Pump
  • Cooling Y N: Yes
  • Electric: 200+ Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 1
  • COOLING ZONES: 1

Condo/Co-op/Association

  • Association Amenities: Clubroom, Beach Rights, Boat Dock
  • Association Fee: 494
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Public School, T-Station, University
  • MANAGEMENT: Owner Association
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Lot Info

  • Parcel Number: 420005827,2138189
  • Zoning: R1
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • OUTDOOR SPACE AVAILABLE: Yes - Common

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 6748

Multi Family

  • Number Of Units Total: 36

MLS Schools

  • High School: Salem High
  • Elementary School: Bentley
  • Middle Or Junior School: Collins Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2016
Closed on
Jun 9, 2016
Sold by
Bourgeault Philip G and Bourgeault Karen E
Bought by
Fasoli Lee H and Fasoli Susan E
Seller's Agent
Phil Bourgeault
Sagan Harborside Sotheby's International Realty
Buyer's Agent
Sara Maurno
Coldwell Banker Realty - Beverly
List Price
$549,000
Sold Price
$550,000
Premium/Discount to List
$1,000
0.18%
Current Estimated Value
$805,630

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$255,630
Avg. Annual Appreciation
4.10%
Original Mortgage
$380,000
Outstanding Balance
$303,322
Interest Rate
3.66%
Mortgage Type
New Conventional
Estimated Equity
$502,308

Purchase Details

Closed on
Apr 24, 2009
Sold by
Bourgeault Philip G and Bourgeault Karen E
Bought by
Bourgeault Philip G

Purchase Details

Closed on
May 2, 2006
Sold by
Zybko Myrna S and Zybko Walter C
Bought by
Bourgeault Philip G and Bourgeault Karen E

Purchase Details

Closed on
Jul 29, 1994
Sold by
Fnma
Bought by
Zybko Walter C and Zybko Myrna S

Purchase Details

Closed on
Feb 14, 1994
Sold by
Gmac Mtg Corp Iowa
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 22, 1989
Sold by
White Warren G
Bought by
Campise Donna Lee
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Fasoli Lee H $550,000 --
Bourgeault Philip G -- --
Bourgeault Philip G $507,000 --
Zybko Walter C $138,900 --
Federal National Mortgage Association $215,142 --
Gmac Mtg Corp Iowa $215,142 --
Campise Donna Lee $185,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fasoli Lee H $380,000
Previous Owner Campise Donna Lee $320,751
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/09/2016 06/09/16 Sold $550,000 +0.2% $299 / Sq Ft
04/17/2016 04/17/16 Pending -- -- --
04/11/2016 04/11/16 For Sale $549,000 -- $299 / 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 $7,810 $688,700 $0 $688,700
2024 $7,756 $667,500 $0 $667,500
2023 $7,505 $599,900 $0 $599,900
2022 $7,359 $555,400 $0 $555,400
2021 $7,665 $555,400 $0 $555,400
2020 $8,173 $565,600 $0 $565,600
2019 $8,172 $541,200 $0 $541,200
2018 $7,601 $494,200 $0 $494,200
2017 $7,292 $459,800 $0 $459,800
2016 $6,748 $430,600 $0 $430,600
2015 $7,028 $428,300 $0 $428,300
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2016

    Phil Bourgeault

    Sagan Harborside Sotheby's International Realty

    (617) 448-6549

    8 Total Sales

    Phil Bourgeault
    Section Image
  • Sara Maurno

    Buyer's Agent in 2016

    Sara Maurno

    Coldwell Banker Realty - Beverly

    (978) 471-9937

    17 Total Sales

    Sara Maurno
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71986510

MLS Property Information Network (MLS PIN)

APN: SALE-000042-000000-000005-000827-000827

Massachusetts Essex County Salem 01970 Salem Willows

27 Settlers Way, Salem, MA

Not Listed for Sale

Townhouses

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