NOT LISTED FOR SALE

32 Forest Ave Unit 1 Salem, MA 01970

South Salem Neighborhood

Estimated Value: $442,000 - $543,000

2 Beds
3 Baths
1,524 Sq Ft
4,792 Sq Ft Lot

Last Sold August 27, 2015

Last sale price $276,500 $181 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $3,034/month

87 Days on Market

About This Home

As of August 2015

Fantastic Nearly New Townhouse near everything Salem has to offer. This unit has gorgeous Hardwood floors , custom kitchen with stainless steel appliances, and a super open floor plan. Newly Finished Family Room with Gorgeous Full Bath in basement, ideal for guests! Adjacent to university, not far from Forest River Park and Downtown. MBTA bus right up the street.

Last Agent to Sell the Property

Ted Richard

J. Barrett & Company Listed on: 05/01/2015

Last Buyer's Agent

Mitch Levine

RE/MAX Beacon

RE/MAX Beacon

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,233

Year Built

2006

Lot Details

0

Listing Details

  • Unit Level: 1
  • Other Agent: 2.50
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2006

Interior Features

  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator
  • Has Basement: Yes
  • Number of Rooms: 7
  • Amenities: Public Transportation, Shopping, Park
  • Electric: Circuit Breakers, 200 Amps
  • Energy: Insulated Windows, Insulated Doors
  • Flooring: Wood, Tile, Wall to Wall Carpet
  • Insulation: Full
  • Interior Amenities: Security System
  • Bedroom 2: Second Floor
  • Bathroom #1: First Floor
  • Bathroom #2: Second Floor
  • Kitchen: First Floor
  • Living Room: First Floor
  • Master Bedroom: Second Floor
  • Master Bedroom Description: Flooring - Wall to Wall Carpet
  • Dining Room: First Floor
  • Family Room: Basement

Exterior Features

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

Garage/Parking

  • Parking: Off-Street
  • Parking Spaces: 1

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Gas
  • Cooling Zones: 1
  • Heat Zones: 1
  • Hot Water: Natural Gas, Tankless
  • Utility Connections: for Gas Range, for Gas Dryer, Washer Hookup, Icemaker Connection

Condo/Co-op/Association

  • Association Fee Includes: Master Insurance, Exterior Maintenance, Landscaping
  • Association Security: Fenced
  • Management: Owner Association
  • Pets Allowed: Yes
  • No Units: 2
  • Unit Building: 1

Lot Info

  • Assessor Parcel Number: M:33 L:0759 S:801

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2015
Closed on
Aug 27, 2015
Sold by
Esquivel Virginia
Bought by
Chipman Samuel B
Seller's Agent
Ted Richard
J. Barrett & Company
Buyer's Agent
Mitch Levine
RE/MAX Beacon
List Price
$285,000
Sold Price
$276,500
Premium/Discount to List
-$8,500
-2.98%
Current Estimated Value
$495,546

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$219,046
Avg. Annual Appreciation
5.84%
Original Mortgage
$206,500
Outstanding Balance
$162,689
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$332,857

Purchase Details

Closed on
Oct 11, 2007
Sold by
Roger Tremblay Contr I
Bought by
Esquivel Virginia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Chipman Samuel B $276,500 --
Esquivel Virginia $265,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chipman Samuel B $206,500
Previous Owner Esquivel Virginia $191,500
Previous Owner Esquivel Virginia $188,500
Previous Owner Esquivel Virginia $183,200
Previous Owner Esquivel Virginia $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/27/2015 08/27/15 Sold $276,500 0.0% $181 / Sq Ft
07/27/2015 07/27/15 Pending -- -- --
07/10/2015 07/10/15 Off Market $276,500 -- --
06/28/2015 06/28/15 Price Changed $279,900 -1.8% $184 / Sq Ft
05/14/2015 05/14/15 For Sale $285,000 +3.1% $187 / Sq Ft
05/08/2015 05/08/15 Off Market $276,500 -- --
05/01/2015 05/01/15 For Sale $285,000 -- $187 / 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 $5,233 $461,500 $0 $461,500
2024 $5,172 $445,100 $0 $445,100
2023 $4,906 $392,200 $0 $392,200
2022 $4,683 $353,400 $0 $353,400
2021 $4,608 $333,900 $0 $333,900
2020 $4,771 $330,200 $0 $330,200
2019 $4,521 $299,400 $0 $299,400
2018 $4,079 $265,200 $0 $265,200
2017 $3,992 $251,700 $0 $251,700
2016 $3,671 $234,300 $0 $234,300
2015 $3,741 $228,000 $0 $228,000
Source: Public Records

Agents Affiliated with this Home

  • Ted Richard

    Seller's Agent in 2015

    Ted Richard

    J. Barrett & Company

    (978) 921-1117

    4 in this area

    65 Total Sales

    Ted Richard
    Section Image
  • Mitch Levine

    Buyer's Agent in 2015

    Mitch Levine

    RE/MAX

    (781) 883-6460

    1 in this area

    34 Total Sales

    Mitch Levine
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71827876

MLS Property Information Network (MLS PIN)

APN: SALE-000033-000000-000759-000801-000801

Massachusetts Essex County Salem 01970 South Salem

32 Forest Ave Unit 1, Salem, MA

Not Listed for Sale

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