NOT LISTED FOR SALE

32 Palmer St Unit A Salem, MA 01970

The Point Neighborhood

Estimated Value: $488,000 - $564,859

4 Beds
3 Baths
1,483 Sq Ft
$362/Sq Ft Est. Value

Last Sold April 08, 2022

Last sale price $439,900 $297 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $3,567/month

98 Days on Market

Highlights

  • Home Theater
  • Property is near public transit
  • Bonus Room
  • Deck
  • Marble Flooring
  • 1-minute walk to Mary Jane Lee Park

About This Home

As of April 2022

Welcome home to a large, three level townhouse that is fifteen years young. Hardwood floors throughout the entire unit. Finished basement with full bath and a bedroom. Two additional full bathrooms on first and second floors. Three more large bedrooms located on the second floor. Third floor offers a large bonus room that gives the new owner numerous possibilities. The unit also offers two off street parking spaces - that is a rarity in this area of Salem. The new owner will enjoy an updated kitchen featuring granite counters, hardwood cabinets and newer appliances PLUS gas cooking. This home will be perfect for those seeking a newer build in historic Salem. Or for a real estate investor, property had been rented for $2,950 for the past four years!

Last Agent to Sell the Property

Jennifer Erickson

Oaklawn Real Estate License #449538114 Listed on: 11/03/2021

Co-Listed By

Eric Erickson

Reimagined Real Estate Advisors

Last Buyer's Agent

Doug Danzey

eXp Realty

eXp Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,311

Year Built

  • Built in 2006

Lot Details

  • 2,178

HOA Fees

  • $150 Monthly HOA Fees

Home Design

  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,483 Sq Ft Home
  • 3-Story Property
  • Home Theater
  • Bonus Room
  • Laundry in Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • 3 Full Bathrooms

Parking

  • 2 Car Parking Spaces
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Porch

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • No Cooling
  • Forced Air Heating System
  • 2 Heating Zones
  • Heating System Uses Natural Gas
  • Electric Baseboard Heater
  • 200+ Amp Service
  • Natural Gas Connected
  • Gas Water Heater

Additional Features

  • Cooling system powered by passive solar
  • 2,178 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number M:34 L:0149 S:801,4693307

Community Details

Overview

  • Association fees include water, sewer, insurance
  • 2 Units
  • Palmer Street Residences Condominium Community

Amenities

  • Shops

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,311

Year Built

Built in 2006

Lot Details

0

HOA Fees

$150 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Townhouse
  • Year Built: 2006
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Entry Level: 1
  • Transaction Broker: 1
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Gross/Full Sale Price
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Wood, Tile, Flooring - Marble, Flooring - Wood
  • Interior Amenities: Media Room, Bonus Room
  • Entry Location: Unit Placement(Street)
  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Disposal,Microwave,Refrigerator, Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Gas Oven
  • Total Bedrooms: 4
  • Room Bedroom2 Level: Second
  • Room Bedroom3 Level: Second
  • Room Bedroom4 Level: Basement
  • Room Bedroom4 Features: Flooring - Stone/Ceramic Tile
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Room Master Bedroom Level: Second
  • Bathroom 1 Features: Bathroom - Full
  • Bathroom 1 Level: Basement
  • Bathroom 2 Level: First
  • Bathroom 2 Features: Bathroom - Full
  • Bathroom 3 Features: Bathroom - Full
  • Bathroom 3 Level: Second
  • Room Dining Room Features: Flooring - Wood
  • Room Dining Room Level: First
  • Room Kitchen Level: First
  • Room Kitchen Features: Flooring - Hardwood, Countertops - Stone/Granite/Solid, Cabinets - Upgraded
  • Laundry Features: In Basement
  • Room Living Room Level: First
  • Room Living Room Features: Flooring - Wood
  • Living Area: 1483
  • Stories Total: 3
  • MAIN LO: AN1937
  • LIST PRICE PER Sq Ft: 296.63
  • PRICE PER Sq Ft: 296.63
  • MAIN SO: AC0342

Exterior Features

  • Construction Materials: Frame
  • Patio And Porch Features: Porch, Deck
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Off Street, Paved
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Gas Oven
  • Cooling: None, Passive Cooling
  • Heating: Central, Forced Air, Electric Baseboard, Natural Gas
  • Cooling Y N: No
  • Electric: 200+ Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 2
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Association Fee: 150
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Public School, T-Station, University
  • UNIT BUILDING: A
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance

Lot Info

  • Parcel Number: M:34 L:0149 S:801,4693307
  • Zoning: R3
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.05
  • Lot Size Area: 0.05
  • Lot Size Sq Ft: 2178
  • Lot Size Units: Acres
  • LOT SIZE: 2352
  • PAGE: 92

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 3311
  • Tax Book Number: 33141

Multi Family

  • Number Of Units Total: 2
  • NO UNITS OWNER OCC: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2021
Closed on
Apr 8, 2022
Sold by
Pena Juan M
Bought by
Starkweather Stuart
Seller's Agent
Jennifer Erickson
Oaklawn Real Estate
Buyer's Agent
Doug Danzey
eXp Realty
Sold Price
$439,900
Current Estimated Value
$536,215

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,315
Avg. Annual Appreciation
6.56%
Original Mortgage
$417,905
Outstanding Balance
$397,502
Interest Rate
4.72%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$141,556

Purchase Details

Closed on
Feb 28, 2014
Sold by
32A Palmer Rt
Bought by
Pena Juan M and Torres Freddy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
4.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 29, 2011
Sold by
Marshall Ingemar P
Bought by
32A Palmar Rt

Purchase Details

Closed on
Jul 12, 2007
Sold by
Baptiste Clint
Bought by
Marshall Inglemare P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,500
Interest Rate
6.48%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Starkweather Stuart $439,900 None Available
Pena Juan M $90,000 --
32A Palmar Rt $75,100 --
Marshall Inglemare P $390,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Starkweather Stuart $417,905
Previous Owner Pena Juan M $255,000
Previous Owner Pena Juan M $200,000
Previous Owner Pena Juan M $80,000
Previous Owner Marshall Inglemare P $292,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2022 04/08/22 Sold $439,900 0.0% $297 / Sq Ft
02/10/2022 02/10/22 Pending -- -- --
02/01/2022 02/01/22 For Sale -- -- --
01/26/2022 01/26/22 Off Market $439,900 -- --
11/03/2021 11/03/21 For Sale $449,900 -- $303 / 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 $5,162 $455,200 $0 $455,200
2024 $5,034 $433,200 $0 $433,200
2023 $5,058 $404,300 $0 $404,300
2022 $3,364 $253,900 $0 $253,900
2021 $3,311 $239,900 $0 $239,900
2020 $3,443 $238,300 $0 $238,300
2019 $3,271 $216,600 $0 $216,600
2018 $2,962 $192,600 $0 $192,600
2017 $2,904 $183,100 $0 $183,100
2016 $2,676 $170,800 $0 $170,800
2015 $2,732 $166,500 $0 $166,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72914393

MLS Property Information Network (MLS PIN)

APN: SALE-000034-000000-000149-000801-000801