Seller's Agent in 2018
Karen Ferro
StartPoint Realty
(781) 479-4000
8 Total Sales
3 Ocean Terrace Unit 2 Salem, MA 01970
South Salem NeighborhoodEstimated Value: $575,000 - $793,000
2
Beds
1
Bath
906
Sq Ft
$250/mo
HOA Fee
Highlights
- Wood Flooring
- Forced Air Heating System
- 4-minute walk to Forest River Park
About This Home
As of October 2018Welcome to one of the best neighborhoods in Salem! Live by the sea in this charming two-bedroom condo which is one block from the harbor and steps to Forest River Park. Enjoy this spacious sunny home with high ceilings, bay window, hardwood floors and new stainless steel appliances. Feel the inviting flow of the open living room & dining room, and enjoy a peaceful retreat in the exclusive, private rear porch. This unit also comes with plenty of storage in the basement, deeded off-street parking, a laundry room in the basement and is pet friendly. Only minutes from the beach, park, golf course, downtown shops, restaurants and MBTA. Move-in ready, just waiting for its new owner to enjoy. A quick closing is possible. Open house Saturday & Sunday, 12-1:30.
Last Buyer's Agent
Janeen DeLeon
Atlantic Coast Homes,Inc License #456016105
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $6,967
Year Built
- Built in 1905
Lot Details
- 3,049
HOA Fees
- $250 per month
Kitchen
- Range
- Dishwasher
Flooring
- Wood
- Tile
Utilities
- Forced Air Heating System
- Heating System Uses Oil
- Water Holding Tank
- Natural Gas Water Heater
Additional Features
- Basement
Community Details
- Pets Allowed
Listing and Financial Details
- Assessor Parcel Number M:33 L:0690 S:802
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 2, 1985
Bought by
Lamby Richard and Lamby Juanita T
Current Estimated Value
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lamby Richard | $128,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Lamby Richard | $75,644 | |
| Closed | Lamby Richard | $50,000 | |
| Closed | Lamby Richard | $100,000 | |
| Closed | Lamby Richard | $143,300 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/31/2018 10/31/18 | Sold | $295,000 | 0.0% | $326 / Sq Ft |
| 09/26/2018 09/26/18 | Pending | -- | -- | -- |
| 09/20/2018 09/20/18 | For Sale | $295,000 | -- | $326 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $6,967 | $614,400 | $214,400 | $400,000 |
| 2024 | $6,744 | $580,400 | $203,800 | $376,600 |
| 2023 | $6,518 | $521,000 | $188,100 | $332,900 |
| 2022 | $6,088 | $459,500 | $181,800 | $277,700 |
| 2021 | $5,999 | $434,700 | $169,300 | $265,400 |
| 2020 | $5,679 | $393,000 | $159,900 | $233,100 |
| 2019 | $5,652 | $374,300 | $151,700 | $222,600 |
| 2018 | $5,483 | $356,500 | $144,200 | $212,300 |
| 2017 | $5,224 | $329,400 | $121,600 | $207,800 |
| 2016 | $5,074 | $323,800 | $116,000 | $207,800 |
| 2015 | $4,967 | $302,700 | $106,600 | $196,100 |
Source: Public Records
Agents Affiliated with this Home
-
Karen Ferro
-
J
Buyer's Agent in 2018
Janeen DeLeon
Atlantic Coast Homes,Inc
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72398483
APN: SALE-000033-000000-000683
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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