NOT LISTED FOR SALE

272 Jefferson Ave Unit 5 Salem, MA 01970

Castle Hill Neighborhood

Estimated Value: $374,000 - $404,000

2 Beds
1 Bath
924 Sq Ft
$225/mo HOA Fee

Last Sold September 21, 2018

Last sale price $220,000 $238 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $2,725/month

11 Days on Market

Highlights

  • Golf Course Community
  • Waterfront
  • Custom Closet System
  • Medical Services
  • Open Floorplan
  • 2-minute walk to St. Annes Park

About This Home

As of September 2018

This sun-drenched two bedroom condo features large bedrooms with custom closets, gleaming laminate floors, and an open-concept living room/dining room/kitchen. Kitchen boasts granite counters, a breakfast bar, and stainless appliances. The back hallway leads to extra storage and an exclusive rear balcony. This pet-friendly building also provides one designated off-street parking space, in-unit laundry hook-ups in the spacious bathroom, and storage in the basement. Furnace is older. Sellers to provide a one year American Home Shield home warranty. With easy access to North Shore Medical Center and Salem State University, close proximity to downtown Salem's restaurants, shopping and the train station, there is lots to love with this condo!

Last Agent to Sell the Property

Julie Andrews

Keller Williams Realty Evolution Listed on: 07/23/2018

Keller Williams Realty Evolution

Last Buyer's Agent

The Quail Group

eXp Realty

eXp Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,931

Year Built

  • Built in 1900

Lot Details

  • 5,009

HOA Fees

  • $225 Monthly HOA Fees

Home Design

  • Garden Home
  • Frame Construction
  • Rubber Roof

Interior Spaces

  • 924 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Insulated Windows
  • Intercom

Kitchen

  • Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Custom Closet System
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Washer and Electric Dryer Hookup

Parking

  • 1 Car Parking Space
  • Common or Shared Parking
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Collins Middle School
  • Salem High School

Utilities

  • Window Unit Cooling System
  • Heating System Uses Oil
  • Baseboard Heating
  • Oil Water Heater
  • Cable TV Available

Additional Features

  • Balcony
  • Waterfront

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 4472686

Community Details

Overview

  • Association fees include water, sewer, insurance, maintenance structure, snow removal, trash, reserve funds
  • 4 Units
  • Mid-Rise Condominium
  • The 272 Jefferson Avenue Condominium Tru Community

Amenities

  • Medical Services
  • Shops

Recreation

  • Golf Course Community
  • Jogging Path

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,931

Year Built

Built in 1900

Lot Details

0

HOA Fees

$225 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Garden, Mid-Rise
  • Year Built: 1900
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Entry Level: 4
  • Transaction Broker: 2
  • Transaction Broker Type: %
  • Year Built Details: Approximate,Renovated Since
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Tile, Laminate
  • Entry Location: Unit Placement(Garden)
  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Disposal,Microwave,Refrigerator, Oil Water Heater, Plumbed For Ice Maker, Utility Connections for Electric Range, Utility Connections for Electric Dryer
  • Total Bedrooms: 2
  • Room Bedroom2 Level: Main
  • Room Bedroom2 Features: Closet/Cabinets - Custom Built, Flooring - Laminate
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Main Level Bedrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Features: Closet/Cabinets - Custom Built, Flooring - Laminate
  • Master Bathroom Features: No
  • Bathroom 1 Features: Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile, Dryer Hookup - Electric, Washer Hookup
  • Room Dining Room Features: Flooring - Laminate, Open Floorplan
  • Room Dining Room Level: Main
  • Room Kitchen Level: Main
  • Room Kitchen Features: Flooring - Laminate, Countertops - Stone/Granite/Solid, Open Floorplan, Peninsula
  • Laundry Features: In Unit, Washer Hookup
  • Room Living Room Level: Main
  • Room Living Room Features: Flooring - Laminate, Cable Hookup, Open Floorplan
  • Living Area: 924
  • Other Equipment: Intercom
  • Stories Total: 1
  • Window Features: Insulated Windows
  • MAIN LO: C95098
  • LIST PRICE PER Sq Ft: 243.51
  • PRICE PER Sq Ft: 238.1
  • MAIN SO: C95098

Exterior Features

  • Exterior Features: Balcony
  • Construction Materials: Frame
  • Home Warranty YN: Yes
  • Roof: Rubber
  • Waterfront Features: Beach Front, Ocean, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: Yes

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Off Street, Common, Paved
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Dryer, Washer Hookup, Icemaker Connection
  • Cooling: Window Unit(s)
  • Heating: Baseboard, Oil
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 225
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Walk/Jog Trails, Golf, Medical Facility, House of Worship, Public School, T-Station, University
  • UNIT BUILDING: 5
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Lot Info

  • Parcel Number: 4472686
  • Zoning: B1
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Property Attached YN: Yes
  • PAGE: 466

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 2931.43
  • Tax Book Number: 23918

Multi Family

  • Number Of Units Total: 4
  • NO UNITS OWNER OCC: 3

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2018
Closed on
Sep 21, 2018
Sold by
Goderre Michael P and Stevens Katherine A
Bought by
Pelosi Michael
Seller's Agent
Julie Andrews
Keller Williams Realty Evolution
Buyer's Agent
The Quail Group
eXp Realty
List Price
$225,000
Sold Price
$220,000
Premium/Discount to List
-$5,000
-2.22%
Total Days on Market
11
Current Estimated Value
$391,339

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$171,339
Avg. Annual Appreciation
8.96%
Original Mortgage
$198,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 10, 2010
Sold by
Stevens Katharine A and Goderre Michael P
Bought by
Stevens Katharine A and Goderre Michael P

Purchase Details

Closed on
Feb 1, 2005
Sold by
Borders Dean
Bought by
Stevens Katharine A and Goderre Michael P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,600
Interest Rate
5.67%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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 Buyer Sale Price Title Company
Pelosi Michael $220,000 --
Stevens Katharine A -- --
Stevens Katharine A $217,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pelosi Michael $196,000
Closed Pelosi Michael $198,000
Previous Owner Stevens Katharine A $173,600
Previous Owner Stevens Katharine A $43,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2018 09/21/18 Sold $220,000 -2.2% $238 / Sq Ft
08/03/2018 08/03/18 Pending -- -- --
07/23/2018 07/23/18 For Sale $225,000 0.0% $244 / Sq Ft
02/17/2016 02/17/16 Rented $1,500 0.0% --
01/27/2016 01/27/16 Under Contract -- -- --
01/08/2016 01/08/16 Price Changed $1,500 -3.2% $2 / Sq Ft
10/19/2015 10/19/15 For Rent $1,550 +10.7% --
10/08/2013 10/08/13 Rented $1,400 0.0% --
09/08/2013 09/08/13 Under Contract -- -- --
08/26/2013 08/26/13 For Rent $1,400 -- --
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 $3,639 $320,900 $0 $320,900
2024 $3,543 $304,900 $0 $304,900
2023 $3,405 $272,200 $0 $272,200
2022 $3,290 $248,300 $0 $248,300
2021 $3,193 $231,400 $0 $231,400
2020 $3,091 $213,900 $0 $213,900
2019 $3,092 $204,800 $0 $204,800
2018 $2,931 $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: 72366790

MLS Property Information Network (MLS PIN)

APN: SALE-000023-000000-000031-000805-000805