NOT LISTED FOR SALE

Estimated Value: $313,000 - $421,000

2 Beds
1 Bath
605 Sq Ft
$250/mo HOA Fee

Last Sold December 17, 2021

Last sale price $305,000 $504 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $2,362/month

4 Days on Market

Highlights

  • Wood Flooring
  • Bathtub with Shower
  • Dining Area
  • Solid Surface Countertops
  • Ceiling Fan

About This Home

As of December 2021

Beautiful well-maintained top floor unit minutes from downtown Salem and Salem State University. This clean and bright unit has granite countertops, a fully updated bathroom, & open floor plan. Two bedrooms are in the unit, each with a walk-in closet. Features include off street parking, hardwood floors, extra storage in the attic, laundry in unit, all with low condo fees. Potential to expand and finish the attic. Enjoy everything historic Salem has to offer including wonderful restaurants, shopping, parks, beaches, and classical museums. Conveniently located near commuter options such as the commuter rail and bus for easy access to Boston. This move in ready condo is a must see!

Last Agent to Sell the Property

Team Lillian Montalto

Lillian Montalto Signature Properties Listed on: 11/03/2021

Last Buyer's Agent

Rachel Gallant

Century 21 North East

Century 21 North East

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,137

Year Built

  • 1920

HOA Fees

  • $250 per month

Interior Spaces

  • Bathtub with Shower
  • Ceiling Fan
  • Dining Area
  • Solid Surface Countertops

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Utilities

  • 1 Heating Zone

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,137

Year Built

1920

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • Directions: Lafayette to Hancock St or Canal St to Hancock St
  • Garage Yn: No
  • Structure Type: 2/3 Family
  • Year Built Details: Approximate
  • Special Features: None
  • Year Built: 1920

Interior Features

  • Appliances: Range,Dishwasher,Refrigerator,Washer,Dryer, Gas Water Heater,Tank Water Heaterless, Utility Connections for Electric Range, Utility Connections for Electric Oven, Utility Connections for Electric Dryer
  • Entry Location: Unit Placement(Upper)
  • Room Bedroom2 Level: First
  • Room Bedroom2 Features: Ceiling Fan(s), Closet, Flooring - Wall to Wall Carpet
  • Room Master Bedroom Features: Closet, Flooring - Wall to Wall Carpet
  • Room Master Bedroom Level: First
  • Master Bathroom Features: No
  • Bathroom 1 Features: Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
  • Bathroom 1 Level: First
  • Room Kitchen Level: First
  • Room Kitchen Features: Flooring - Hardwood, Dining Area, Countertops - Stone/Granite/Solid
  • Room Living Room Level: First
  • Room Living Room Features: Ceiling Fan(s), Flooring - Hardwood
  • MAIN LO: G62122
  • MAIN SO: AN4339
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Tile, Carpet, Hardwood
  • Stories: 1
  • Window Features: Insulated Windows

Exterior Features

  • Roof: Shingle
  • Construction Type: Frame
  • Exclusions: See Attached Inclusions/Exclusions List.
  • Waterfront: No

Garage/Parking

  • Parking Features: Off Street, Deeded
  • Total Parking Spaces: 2

Utilities

  • Cooling: Window Unit(s), None
  • Heating: Baseboard, Natural Gas
  • HEAT ZONES: 1
  • COOLING ZONES: 0
  • Cooling Y N: No
  • Electric: Circuit Breakers
  • Heating Yn: Yes
  • Laundry Features: Flooring - Hardwood, First Floor, In Unit, Washer Hookup
  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup
  • Water Source: Public

Condo/Co-op/Association

  • MANAGEMENT: Owner Association
  • Association Fee: 250
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Community Features: Public Transportation, Shopping, Park, Highway Access
  • Pets Allowed: Yes
  • Senior Community: No

Fee Information

  • Association Fee Includes: Electricity, Water, Sewer, Maintenance Structure, Maintenance Grounds

Schools

  • Middle Or Junior School: Salem

Lot Info

  • OUTDOOR SPACE AVAILABLE: No
  • Farm Land Area Units: Square Feet
  • Zoning: R2

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 2597
  • Tax Book Number: 33537
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2021
Closed on
Dec 17, 2021
Sold by
Zappulla Melissa S
Bought by
Desimone Paul J
Seller's Agent
Team Lillian Montalto
Lillian Montalto Signature Properties
Buyer's Agent
Rachel Gallant
Century 21 North East
List Price
$309,900
Sold Price
$305,000
Premium/Discount to List
-$4,900
-1.58%
Current Estimated Value
$352,933

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,933
Avg. Annual Appreciation
3.75%
Original Mortgage
$244,000
Outstanding Balance
$224,356
Interest Rate
3.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$128,577

Purchase Details

Listed on
May 15, 2014
Closed on
Sep 11, 2014
Sold by
Nai Roxanne A
Bought by
Zappulla Melissa S
Seller's Agent
Sean Connelly
William Raveis R.E. & Home Services
Buyer's Agent
Daniel Richard
Coldwell Banker Realty - Lynnfield
List Price
$169,900
Sold Price
$160,000
Premium/Discount to List
-$9,900
-5.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.28%
Original Mortgage
$128,000
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 16, 1992
Sold by
Thirty Two Hancock Rt
Bought by
Nai Roxanne A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,000
Interest Rate
8.54%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Desimone Paul J $305,000 None Available
Zappulla Melissa S $160,000 --
Nai Roxanne A $61,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Desimone Paul J $244,000
Previous Owner Zappulla Melissa S $128,000
Previous Owner Nai Roxanne A $53,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/17/2021 12/17/21 Sold $305,000 -1.6% $504 / Sq Ft
11/08/2021 11/08/21 Pending -- -- --
11/03/2021 11/03/21 For Sale $309,900 +93.7% $512 / Sq Ft
09/11/2014 09/11/14 Sold $160,000 0.0% $174 / Sq Ft View Prior Sale
08/15/2014 08/15/14 Pending -- -- --
07/02/2014 07/02/14 Off Market $160,000 -- --
06/17/2014 06/17/14 Price Changed $164,900 -2.9% $179 / Sq Ft
05/15/2014 05/15/14 For Sale $169,900 -- $185 / 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 $3,137 $276,600 $0 $276,600
2024 $3,060 $263,300 $0 $263,300
2023 $2,840 $227,000 $0 $227,000
2022 $2,639 $199,200 $0 $199,200
2021 $2,597 $188,200 $0 $188,200
2020 $2,548 $176,300 $0 $176,300
2019 $2,401 $159,000 $0 $159,000
2018 $2,233 $145,200 $0 $145,200
2017 $2,192 $138,200 $0 $138,200
2016 $2,073 $132,300 $0 $132,300
2015 $1,992 $121,400 $0 $121,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72915698

MLS Property Information Network (MLS PIN)

APN: SALE-000033-000000-000188-000803-000803