$333,000
SOLD OCT 27, 2022

272 Jefferson Ave Unit 4 Salem, MA 01970

Castle Hill Neighborhood
2 Beds
1 Bath
924 Sq Ft
$325/mo HOA Fee

Recently Sold

$360 Per Sq Ft

2% Above List Price

16 Days on Market

Highlights

  • Golf Course Community
  • Deck
  • Intercom
  • Medical Services
  • Property is near public transit
  • 2-minute walk to St. Annes Park

About This Home

As of October 2022

This sun filled third level condo features off street parking, two good sized bedrooms, one bathroom and open concept living. Kitchen offers granite counters, stainless steel appliances, breakfast bar and plenty of storage. The in-unit washer/dryer are located in the spacious bathroom. Take full advantage of your own private balcony. Centrally located within minutes from historic downtown Salem, Salem State University, shopping and much more. Come see for yourself and fall in love with everything this unit has to offer.

Last Agent to Sell the Property

Manuel Pagan-Antonetti

Berkshire Hathaway HomeServices Commonwealth Real Estate Listed on: 09/02/2022

Berkshire Hathaway HomeServices Commonwealth Real Estate

Last Buyer's Agent

Ian Cotterell

Trell Legacy Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,260

Year Built

  • Built in 1900

HOA Fees

  • $325 Monthly HOA Fees

Home Design

  • Garden Home
  • Entry on the 3rd floor
  • Frame Construction

Interior Spaces

  • 924 Sq Ft Home
  • 1-Story Property
  • Intercom
  • Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 1 Car Parking Space
  • Off-Street Parking
  • Deeded Parking

Outdoor Features

  • Deck

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Window Unit Cooling System
  • Heating System Uses Oil
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 4509367

Community Details

Overview

  • Association fees include water, sewer, insurance, maintenance structure, reserve funds
  • 4 Units

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Golf Course Community

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,260

Year Built

Built in 1900

Lot Details

0

HOA Fees

$325 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Garden
  • Year Built: 1900
  • Buyer Agency: 2
  • Entry Level: 3
  • Transaction Broker: 0
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Tile, Wood Laminate
  • Entry Location: Unit Placement(Upper)
  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Disposal,Microwave,Refrigerator,Washer,Dryer, Utility Connections for Electric Range
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Laundry Features: In Unit, Washer Hookup
  • Basement: Y
  • Living Area: 924
  • Other Equipment: Intercom
  • Stories Total: 1
  • MAIN LO: AN6417
  • LIST PRICE PER Sq Ft: 351.73
  • PRICE PER Sq Ft: 360.39
  • MAIN SO: BB5522

Exterior Features

  • Construction Materials: Frame
  • Patio And Porch Features: Deck
  • Waterfront Features: Beach Front, Ocean, Unknown To Beach, Beach Ownership(Public)
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street, Deeded
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, Washer Hookup
  • Cooling: Window Unit(s)
  • Heating: Baseboard, Oil
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Security Features: Intercom
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 325
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Golf, Medical Facility, Laundromat, Highway Access, Public School, T-Station, University
  • UNIT BUILDING: 4
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Lot Info

  • Parcel Number: 4509367
  • Zoning: B1
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • PAGE: 252
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 3260
  • Tax Book Number: 31525

Multi Family

  • Number Of Units Total: 4
  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2022
Closed on
Oct 27, 2022
Sold by
Radeke Robert D
Bought by
Maceda Felipe A
Seller's Agent
Manuel Pagan-Antonetti
Berkshire Hathaway HomeServices Commonwealth Real Estate
Buyer's Agent
Ian Cotterell
Trell Legacy Real Estate
List Price
$325,000
Sold Price
$333,000
Premium/Discount to List
$8,000
2.46%
Current Estimated Value
$403,680

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,680
Avg. Annual Appreciation
5.80%
Original Mortgage
$316,350
Outstanding Balance
$306,583
Interest Rate
6.02%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$85,607

Purchase Details

Listed on
Jan 22, 2020
Closed on
Feb 22, 2020
Sold by
Katharine Omalley and Katharine Kevin Omalley
Bought by
Radeke Robert D
Seller's Agent
Lauren Consolazio
Keller Williams Realty Evolution
Buyer's Agent
Justin Repp
Keller Williams Realty Evolution
List Price
$250,000
Sold Price
$271,000
Premium/Discount to List
$21,000
8.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.05%
Original Mortgage
$230,350
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 21, 2012
Closed on
Jul 16, 2012
Sold by
Trellopoulos Paul and Trellopoulos Laura
Bought by
Omalley Kevin and Omalley Katharine
Seller's Agent
Listing Group
Lamacchia Realty, Inc.
Buyer's Agent
Tracey Pinto
LAER Realty Partners
List Price
$109,000
Sold Price
$99,000
Premium/Discount to List
-$10,000
-9.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.13%
Original Mortgage
$79,200
Interest Rate
3.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 7, 2005
Sold by
Borders Dean
Bought by
Buckley Laura and Trellopoulos Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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 Type Sale Price Title Company
Condominium Deed $333,000 None Available
Not Resolvable $271,000 None Available
Not Resolvable $99,000 --
Deed $215,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $23,770 Second Mortgage Made To Cover Down Payment
Open $316,350 Purchase Money Mortgage
Previous Owner $230,350 New Conventional
Previous Owner $79,200 New Conventional
Previous Owner $63,000 No Value Available
Previous Owner $172,000 Purchase Money Mortgage
Previous Owner $43,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2022 10/27/22 Sold $333,000 +2.5% $360 / Sq Ft
09/19/2022 09/19/22 Pending -- -- --
09/02/2022 09/02/22 For Sale $325,000 +19.9% $352 / Sq Ft
02/28/2020 02/28/20 Sold $271,000 +8.4% $293 / Sq Ft
01/27/2020 01/27/20 Pending -- -- --
01/22/2020 01/22/20 For Sale $250,000 +152.5% $271 / Sq Ft
07/16/2012 07/16/12 Sold $99,000 -9.2% $107 / Sq Ft
04/27/2012 04/27/12 Pending -- -- --
03/21/2012 03/21/12 For Sale $109,000 -- $118 / 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 $3,757 $331,300 $0 $331,300
2024 $3,657 $314,700 $0 $314,700
2023 $3,475 $277,800 $0 $277,800
2022 $3,359 $253,500 $0 $253,500
2021 $3,260 $236,200 $0 $236,200
2020 $3,091 $213,900 $0 $213,900
2019 $3,092 $204,800 $0 $204,800
2018 $2,910 $190,600 $0 $190,600
2017 $2,844 $179,300 $0 $179,300
2016 $2,637 $168,300 $0 $168,300
2015 $2,537 $154,600 $0 $154,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73031829

MLS Property Information Network (MLS PIN)

APN: SALE-000023-000000-000031-000804-000804