$225,027
SOLD APR 12, 2017
2 Beds
1 Bath
910 Sq Ft
2,614 Sq Ft Lot

Recently Sold

$247 Per Sq Ft

5% Above List Price

16 Days on Market

About This Home

As of October 2020

Charming 2-bedroom condo located in the vibrant Derby St neighborhood of downtown historic Salem. Walk to everything! Freshly painted living space, brand new hot water tank, plus wood floors just refinished. This second floor unit boasts 2 very spacious bright bedrooms, one with large bay windows for a perfect sitting area. There are hardwood and laminate floors throughout. The main living area has a good-sized dining room that flows into a perfect cozy den/tv space. The kitchen has a walk-in pantry and door leading to its own cozy back deck, perfect to start your day with your morning coffee. Back interior stairs lead down to the basement area where you have additional storage and washer and dryer. Just steps to the MBTA/ferry to Boston. Enjoy the best of Salem from this location: all kinds of shops, wonderful restaurants and hotels! You are near Pickering Wharf, Salem Common, Commuter rail, Salem Willows and museums, too! A great opportunity! Make an appointment today!

Last Agent to Sell the Property

Mindy McMahon

Coldwell Banker Realty - Marblehead Listed on: 03/03/2017

Coldwell Banker Realty - Marblehead

Last Buyer's Agent

Nicholas McPherson

RE/MAX Partners License #449588501

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,104

Year Built

1850

Lot Details

0

Listing Details

  • Unit Level: 2
  • Property Type: Condominium/Co-Op
  • Lead Paint: Unknown
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1850

Interior Features

  • Appliances: Range, Microwave, Refrigerator
  • Has Basement: Yes
  • Number of Rooms: 5
  • Amenities: Public Transportation, Shopping, Park, Medical Facility, House of Worship, Private School, Public School, T-Station, University
  • Electric: Circuit Breakers
  • Flooring: Wood, Vinyl, Hardwood
  • Interior Amenities: Cable Available
  • Bedroom 2: Second Floor
  • Bathroom #1: Second Floor
  • Kitchen: Second Floor
  • Laundry Room: Basement
  • Living Room: Second Floor
  • Master Bedroom: Second Floor
  • Master Bedroom Description: Closet, Flooring - Wood, Window(s) - Bay/Bow/Box
  • Dining Room: Second Floor
  • No Living Levels: 1

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Clapboard, Vinyl
  • Exterior Unit Features: Porch, Gutters
  • Beach Ownership: Public

Garage/Parking

  • Parking: On Street Permit
  • Parking Spaces: 0

Utilities

  • Heating: Hot Water Baseboard, Gas
  • Heat Zones: 1
  • Hot Water: Natural Gas
  • Utility Connections: for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Condominium Name: "Twenty Seven Turner Street Condominium"
  • Association Fee Includes: Water, Sewer, Master Insurance
  • Management: No Management
  • Pets Allowed: Yes
  • No Units: 3
  • Unit Building: 2

Fee Information

  • Fee Interval: Monthly

Lot Info

  • Zoning: B1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2020
Closed on
Sep 29, 2020
Sold by
Read Allison
Bought by
Johnson Jenna
Seller's Agent
Melissa Rocheville
Shea Real Estate
Buyer's Agent
Lillian Montalto
Lillian Montalto Signature Properties
List Price
$309,000
Sold Price
$325,000
Premium/Discount to List
$16,000
5.18%
Current Estimated Value
$443,854

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,854
Avg. Annual Appreciation
6.17%
Original Mortgage
$308,750
Outstanding Balance
$277,702
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$155,339

Purchase Details

Listed on
Mar 3, 2017
Closed on
Apr 12, 2017
Sold by
Fusco Christoher A
Bought by
Read Allison
Seller's Agent
Mindy McMahon
Coldwell Banker Realty - Marblehead
Buyer's Agent
Nicholas McPherson
RE/MAX Partners
List Price
$215,000
Sold Price
$225,027
Premium/Discount to List
$10,027
4.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.14%
Original Mortgage
$202,524
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 27, 2014
Sold by
Leone Katie
Bought by
Fusco Christopher A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,200
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 14, 2005
Sold by
Popek Albert B and Mcelrath-Popek Lisa J
Bought by
Fusco Christopher A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,500
Interest Rate
6.34%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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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 Type Sale Price Title Company
Condominium Deed $325,000 None Available
Not Resolvable $225,027 --
Deed -- --
Deed $210,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $308,750 New Conventional
Previous Owner $197,500 Stand Alone Refi Refinance Of Original Loan
Previous Owner $202,524 New Conventional
Previous Owner $159,200 New Conventional
Previous Owner $199,500 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2020 10/02/20 Sold $325,000 +5.2% $357 / Sq Ft
08/18/2020 08/18/20 Pending -- -- --
08/12/2020 08/12/20 For Sale $309,000 +37.3% $340 / Sq Ft
04/12/2017 04/12/17 Sold $225,027 +4.7% $247 / Sq Ft
03/07/2017 03/07/17 Pending -- -- --
02/19/2017 02/19/17 For Sale $215,000 -- $236 / 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 $4,104 $361,900 $0 $361,900
2024 $4,017 $345,700 $0 $345,700
2023 $3,858 $308,400 $0 $308,400
2022 $3,746 $282,700 $0 $282,700
2021 $3,512 $254,500 $0 $254,500
2020 $3,436 $237,800 $0 $237,800
2019 $3,262 $216,000 $0 $216,000
2018 $3,025 $196,700 $0 $196,700
2017 $2,966 $187,000 $0 $187,000
2016 $2,806 $179,100 $0 $179,100
2015 $2,808 $171,100 $0 $171,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72126273

MLS Property Information Network (MLS PIN)

APN: SALE-000041-000000-000061-000802-000802