NOT LISTED FOR SALE

340 Salem Rd Unit 342 Billerica, MA 01821

Estimated Value: $861,000

5 Beds
4 Baths
3,010 Sq Ft
$286/Sq Ft Est. Value

Last Sold May 26, 2022

Last sale price $600,000 $199 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $5,507/month

19 Days on Market

Highlights

  • Property is near public transit
  • Mud Room
  • Fenced Yard
  • Wood Flooring
  • Play Room
  • 2 Car Attached Garage

About This Home

As of May 2022

New to market. Townhouse unit with many features. Nice area in Billerica. Large yard, plenty of parking, ready to move into. Many updates. Hardwood floors, ceramic, porcelain. Stainless steel appliances, 36- inch Viking Range and hood, Maple Kitchen Cabinets, Corian Counter tops. 2 heating and cooling units. 2 garages with plenty of storage. Association paperwork will be available. Taxes to be determined.

Last Agent to Sell the Property

John Alves

Dean C. Sarris Real Estate, Inc. License #448553961 Listed on: 04/09/2022

Last Buyer's Agent

Meena Sharma

eXp Realty

eXp Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $8,446

Year Built

  • Built in 1968

Lot Details

  • Fenced Yard
  • Garden

HOA Fees

  • $252 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Storage or Cabinetry
  • Workshop in Garage
  • Garage Door Opener
  • Driveway
  • Open Parking
  • Off-Street Parking
  • Deeded Parking

Home Design

  • Entry on the 1st floor
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 3,010 Sq Ft Home
  • 3-Story Property
  • Central Vacuum
  • Ceiling Fan
  • Insulated Windows
  • Window Screens
  • Mud Room
  • Play Room
  • Basement

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary bedroom located on second floor
  • Walk-In Closet

Laundry

  • Laundry in unit
  • Washer and Gas Dryer Hookup

Utilities

  • Two cooling system units
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Baseboard Heater
  • 220 Volts
  • 110 Volts
  • 100 Amp Service

Additional Features

  • Patio
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number 370058

Community Details

Overview

  • Association fees include water, sewer, insurance
  • 2 Units
  • 340 342 Salem Road Condominium Assoc. Community

Amenities

  • Shops

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$8,446

Year Built

Built in 1968

Lot Details

0

HOA Fees

$252 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Townhouse, Attached
  • Year Built: 1968
  • Buyer Agency: 2
  • Entry Level: 1
  • Transaction Broker: 2
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Owner
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Wood, Tile, Hardwood
  • Interior Amenities: Mud Room, Play Room, Central Vacuum
  • Fireplace YN: No
  • Appliances: Range, Oven, Dishwasher, Microwave, Refrigerator
  • Total Bedrooms: 5
  • Room Bedroom2 Level: Second
  • Room Bedroom2 Features: Flooring - Hardwood
  • Room Bedroom2 Area: 98
  • Room Bedroom3 Features: Flooring - Hardwood
  • Room Bedroom3 Area: 96
  • Room Bedroom3 Level: Second
  • Room Bedroom4 Area: 130
  • Room Bedroom4 Level: Second
  • Room Bedroom4 Features: Flooring - Hardwood
  • Room Bedroom5 Level: Second
  • Room Bedroom5 Features: Flooring - Hardwood
  • Room Bedroom5 Area: 90
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bathrooms: 4
  • Total Bathrooms: 3
  • Room Master Bedroom Features: Ceiling Fan(s), Walk-In Closet(s), Flooring - Hardwood
  • Room Master Bedroom Level: Second
  • Room Master Bedroom Area: 286
  • Room Dining Room Features: Flooring - Hardwood
  • Room Dining Room Level: First
  • Room Dining Room Area: 364
  • Room Kitchen Level: First
  • Room Kitchen Area: 204
  • Laundry Features: In Unit, Gas Dryer Hookup, Washer Hookup
  • Room Living Room Level: First
  • Room Living Room Area: 228
  • Room Living Room Features: Flooring - Hardwood
  • Basement: Y
  • Living Area: 3010
  • Spa YN: No
  • Stories Total: 3
  • Window Features: Insulated Windows, Screens
  • MAIN LO: D70001
  • LIST PRICE PER Sq Ft: 199.3
  • PRICE PER Sq Ft: 199.34
  • MAIN SO: AC0342
  • Insulation: Full, Mixed

Exterior Features

  • Exterior Features: Patio, Fenced Yard, Garden, Screens
  • Construction Materials: Frame
  • Fencing: Security, Fenced
  • Home Warranty YN: No
  • Patio And Porch Features: Patio
  • Roof: Shingle
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage Spaces: 2
  • Attached Garage YN: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Attached, Garage Door Opener, Storage, Workshop in Garage, Deeded, Off Street, Driveway, Paved
  • Total Parking Spaces: 5

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Range, for Gas Oven, for Gas Dryer, Washer Hookup
  • Cooling: Central Air, Dual
  • Heating: Central, Forced Air, Electric Baseboard, Natural Gas
  • Cooling Y N: Yes
  • Electric: 110 Volts, 220 Volts, Circuit Breakers, 100 Amp Service
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 252.08
  • Association Fee Frequency: Monthly
  • Community Features: Public Transportation, Shopping, Highway Access, House of Worship
  • Senior Community YN: No
  • UNIT BUILDING: 340
  • MANAGEMENT: No Management
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance

Lot Info

  • Parcel Number: 370058
  • Zoning: RES
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Property Attached YN: Yes
  • PAGE: 0
  • OUTDOOR SPACE AVAILABLE: Yes - Private
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2022
  • Tax Book Number: 0

Multi Family

  • Number Of Units Total: 2
  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 18, 2022
Sold by
J and Madalena Alves
Bought by
Lucien Esteve and Lucien Stevenson
Current Estimated Value
$861,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$441,849
Outstanding Balance
$428,123
Interest Rate
6.94%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 29, 2016
Sold by
Alves Joao and Alves Madalena M
Bought by
Joao and Madalena Alves

Purchase Details

Closed on
Sep 24, 2008
Sold by
Estrela Ft and Estrela Manuel T
Bought by
Alves Joao and Alves Madalena M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 18, 1997
Sold by
Carreiro Eva M and Estrela Manuel T
Bought by
Estrella Manuel T and Estrella Maria J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,200
Interest Rate
7.87%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Lucien Esteve $450,000 None Available
Joao -- --
Alves Joao -- --
Estrella Manuel T $116,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lucien Esteve $441,849
Previous Owner Alves Joao $200,000
Previous Owner Estrella Manuel T $109,000
Previous Owner Estrella Manuel T $109,050
Previous Owner Estrella Manuel T $100,100
Previous Owner Estrella Manuel T $110,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/26/2022 05/26/22 Sold $600,000 0.0% $199 / Sq Ft
04/29/2022 04/29/22 Pending -- -- --
04/23/2022 04/23/22 Price Changed $599,900 -4.8% $199 / Sq Ft
04/19/2022 04/19/22 Price Changed $629,900 -3.1% $209 / Sq Ft
04/09/2022 04/09/22 For Sale $649,900 -- $216 / 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
2023 $8,446 $711,500 $243,800 $467,700
2022 $8,011 $633,800 $213,800 $420,000
2021 $7,926 $609,700 $195,000 $414,700
2020 $7,823 $602,200 $187,500 $414,700
2019 $6,721 $498,600 $176,300 $322,300
2018 $6,835 $481,700 $159,400 $322,300
2017 $6,362 $451,500 $153,800 $297,700
2016 $6,315 $446,600 $148,900 $297,700
2015 $6,154 $438,300 $140,600 $297,700
2014 $6,288 $440,000 $139,100 $300,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72964985

MLS Property Information Network (MLS PIN)

APN: BILL-000045-000094