NOT LISTED FOR SALE

33 Cabot St Unit 1 Salem, MA 01970

South Salem Neighborhood

Estimated Value: $365,000 - $525,000

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

Last Sold December 31, 2018

Last sale price $285,000 $291 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $2,782/month

47 Days on Market

About This Home

As of December 2018

Charming 1st floor condo nestled on a side street near downtown Salem. The spacious and sunny 2 bedroom home offers period details, hardwood floors, tall ceilings and custom built-ins. Large eat-in kitchen with newer appliances opens to dining and living room making a perfect setting for entertaining. Bonus office/craft room with ceiling fan and built-ins. Full bathroom with claw foot tub. Ample closet space, extra storage, deeded garage and private outside space complete this package all in a well-maintained building. Minutes to Downtown Salem restaurants, shops, museums and commuter rail to Boston. ***Open House November 4th 12-1:30***

Last Agent to Sell the Property

Zoe Karademos

Coldwell Banker Realty - Marblehead Listed on: 10/04/2018

Coldwell Banker Realty - Marblehead

Last Buyer's Agent

Jacquelyn Santini

RE/MAX Encore

RE/MAX Encore

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,707

Year Built

  • Built in 1914

Lot Details

  • 5,009

HOA Fees

  • $250 per month

Parking

  • 1 Car Garage

Kitchen

  • Range
  • Dishwasher

Laundry

  • Dryer
  • Washer

Utilities

  • Heating System Uses Steam
  • Heating System Uses Gas
  • Water Holding Tank
  • Natural Gas Water Heater

Additional Features

  • Wood Flooring
  • Year Round Access
  • Basement

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,707

Year Built

Built in 1914

Lot Details

0

HOA Fees

$250 per month

Parking

1

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Garden, 2/3 Family
  • Year Built Description: Actual
  • List Price Per Sq Ft: 295.82
  • Comp Based On: Net Sale Price
  • Year Built: 1914
  • Lead Paint: Unknown
  • Year Round: Yes
  • Unit Building: 1
  • Unit Level: 1
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1914

Interior Features

  • Flooring: Hardwood
  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
  • No Bedrooms: 2
  • Master Bedroom: On Level: First Floor, Flooring - Hardwood
  • Bedroom 2: On Level: First Floor, Flooring - Hardwood
  • Full Bathrooms: 1
  • Bathroom 1: On Level: First Floor, Bathroom - Full, Bathroom - With Tub
  • No Rooms: 6
  • Dining Room: On Level: First Floor, Closet/Cabinets - Custom Built, Flooring - Hardwood
  • Kitchen: On Level: First Floor, Dining Area, Pantry
  • Laundry: On Level: Basement
  • Living Room: On Level: First Floor, Flooring - Hardwood, Window(s) - Bay/Bow/Box, Window(s) - Stained Glass
  • Basement: Y
  • Other Room 1: Name: Office, On Level: First Floor, Closet/Cabinets - Custom Built
  • No Living Levels: 1
  • Main Lo: K95001
  • Main So: B95079
  • Estimated Sq Ft: 980.00

Exterior Features

  • Beachfront Flag: Yes
  • Beach Miles To: 1/2 to 1 Mile
  • Construction: Frame
  • Roof Material: Slate
  • Exterior Unit Features: Porch, Garden Area

Garage/Parking

  • Parking Feature: Off-Street, Assigned
  • Parking Spaces: 1
  • Garage Parking: Detached, Assigned
  • Garage Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers
  • Heating: Steam, Gas
  • Hot Water: Natural Gas, Tank
  • Utility Connections: for Gas Range

Condo/Co-op/Association

  • Fee Interval: Monthly
  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Bike Path, Highway Access, T-Station, University
  • HOA Fees: 250.00
  • Association Fee Includes: Water, Sewer, Master Insurance, Exterior Maintenance, Snow Removal
  • Condo Association: Yes
  • Management: Owner Association

Lot Info

  • Assessments: 188100.00
  • Page: 2
  • Zoning: R2

Green Features

  • Energy Features: Insulated Windows

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Taxes: 2892.98
  • Assessor Parcel Number: 4538090

Multi Family

  • No Units: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2018
Closed on
Dec 27, 2018
Sold by
Finnegan Eileen B and Finnegan Michael J
Bought by
Santini Alessandro P
Seller's Agent
Zoe Karademos
Coldwell Banker Realty - Marblehead
Buyer's Agent
Jacquelyn Santini
RE/MAX Encore
List Price
$289,900
Sold Price
$285,000
Premium/Discount to List
-$4,900
-1.69%
Current Estimated Value
$422,513

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,513
Avg. Annual Appreciation
5.93%
Original Mortgage
$276,450
Outstanding Balance
$244,513
Interest Rate
4.9%
Mortgage Type
New Conventional
Estimated Equity
$178,000

Purchase Details

Closed on
Mar 31, 2005
Sold by
Keck Anthony G and Stevens Mark A
Bought by
Finnegan Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
5.61%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Santini Alessandro P $285,000 --
Finnegan Michael J $238,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Santini Alessandro P $276,450
Previous Owner Finnegan Michael J $168,150
Previous Owner Finnegan Michael J $190,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/31/2018 12/31/18 Sold $285,000 -1.7% $291 / Sq Ft
11/20/2018 11/20/18 Pending -- -- --
10/04/2018 10/04/18 For Sale $289,900 -- $296 / 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 $3,707 $326,900 $0 $326,900
2024 $3,629 $312,300 $0 $312,300
2023 $3,518 $281,200 $0 $281,200
2022 $3,392 $256,000 $0 $256,000
2021 $3,341 $242,100 $0 $242,100
2020 $3,274 $226,600 $0 $226,600
2019 $3,112 $206,100 $0 $206,100
2018 $2,893 $188,100 $0 $188,100
2017 $2,863 $180,500 $0 $180,500
2016 $2,711 $173,000 $0 $173,000
2015 $2,717 $165,600 $0 $165,600
Source: Public Records

Agents Affiliated with this Home

  • Zoe Karademos

    Seller's Agent in 2018

    Zoe Karademos

    Coldwell Banker Realty - Marblehead

    (781) 405-7122

    11 in this area

    67 Total Sales

    Zoe Karademos
    Section Image
  • Jacquelyn Santini

    Buyer's Agent in 2018

    Jacquelyn Santini

    RE/MAX

    (978) 604-8973

    28 Total Sales

    Jacquelyn Santini
    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72405574

MLS Property Information Network (MLS PIN)

APN: SALE-000033-000000-000248-000801-000801

Massachusetts Essex County Salem 01970 South Salem

33 Cabot St Unit 1, Salem, MA

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.

MLS Property Information Network (MLS PIN) 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.

Nearby Homes