NOT LISTED FOR SALE

Estimated Value: $328,000 - $374,845

1 Bed
1 Bath
953 Sq Ft
$200/mo HOA Fee

Last Sold July 25, 2022

Last sale price $291,080 $305 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $2,392/month

10 Days on Market

Highlights

  • Marina
  • Medical Services
  • Deck
  • Golf Course Community
  • Open Floorplan
  • 4-minute walk to Mary Jane Lee Park

About This Home

As of July 2022

Welcome 35 Cedar Street #3! This charming, open concept penthouse unit features a gorgeous designer kitchen with granite counters, LARGE pantry and access to spacious deck with custom awning. Gleaming hardwood floors throughout, ample closet space, and tiled bathroom make this unit a must see. There is also a flex space that could be used as home office in addition to exclusive storage room in the basement and an off street parking spot. Close proximity to the ocean, the commuter rail to Boston, and all of the shops, restaurants and museums that historic downtown Salem has to offer. Open house Thursday May 25th from 5-6:30 PM.

Last Agent to Sell the Property

Michael Shea

Shea Real Estate Listed on: 05/24/2022

Last Buyer's Agent

Blink Estates Group

eXp Realty

eXp Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,379

Year Built

  • Built in 1915 | Remodeled

Lot Details

  • Near Conservation Area

HOA Fees

  • $200 Monthly HOA Fees

Home Design

  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 953 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Laundry in Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Primary bedroom located on third floor
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Parking Space
  • Off-Street Parking

Outdoor Features

  • Deck
  • Covered patio or porch

Location

  • Property is near public transit
  • Property is near schools

Schools

  • School Choice Elementary School
  • Collins Middle School
  • Salem High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating Available
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number M:34 L:0053 S:803,4530043

Community Details

Overview

  • Association fees include water, sewer, insurance, maintenance structure, reserve funds
  • 3 Units

Amenities

  • Medical Services
  • Common Area
  • Shops
  • Coin Laundry

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Community Pool
  • Park
  • Jogging Path

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,379

Year Built

Built in 1915 | Remodeled

Lot Details

0

HOA Fees

$200 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: 2/3 Family
  • Year Built: 1915
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Entry Level: 3
  • Transaction Broker: 1
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Hardwood
  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Disposal,Microwave,Refrigerator,Washer,Dryer, Electric Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Dryer
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Features: Closet, Flooring - Hardwood
  • Room Master Bedroom Level: Third
  • Master Bathroom Features: No
  • Bathroom 1 Features: Bathroom - Full, Bathroom - With Tub & Shower, Closet, Flooring - Stone/Ceramic Tile
  • Bathroom 1 Level: Third
  • Room Dining Room Features: Flooring - Hardwood
  • Room Dining Room Level: Main
  • Room Kitchen Level: Main
  • Room Kitchen Features: Closet, Flooring - Stone/Ceramic Tile, Open Floorplan, Remodeled, Stainless Steel Appliances
  • Laundry Features: Electric Dryer Hookup, Washer Hookup, In Basement, In Building
  • Room Living Room Level: Third
  • Room Living Room Features: Ceiling Fan(s), Closet, Flooring - Hardwood, Cable Hookup, Open Floorplan
  • Living Area: 953
  • Stories Total: 1
  • MAIN LO: AN5627
  • LIST PRICE PER Sq Ft: 314.69
  • PRICE PER Sq Ft: 305.44
  • MAIN SO: C95098

Exterior Features

  • Construction Materials: Frame
  • Patio And Porch Features: Deck - Vinyl, Covered
  • Roof: Shingle
  • Waterfront Features: Beach Front, Ocean, 3/10 to 1/2 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Dryer, Washer Hookup
  • Cooling: Wall Unit(s)
  • Heating: Electric
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 200
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Conservation Area, House of Worship, Marina, Private School, Public School, T-Station, University
  • UNIT BUILDING: 3
  • MANAGEMENT: Owner Association
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Reserve Funds

Lot Info

  • Parcel Number: M:34 L:0053 S:803,4530043
  • Zoning: R2
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.1
  • Lot Size Area: 0.1
  • Lot Size Sq Ft: 4199
  • Lot Size Units: Acres
  • PAGE: 178
  • OUTDOOR SPACE AVAILABLE: Yes - Common

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3379
  • Tax Book Number: 24048

Multi Family

  • Number Of Units Total: 3
  • Basement Included Sq Ft: No
  • NO UNITS OWNER OCC: 3

MLS Schools

  • High School: Salem High
  • Elementary School: School Choice
  • Middle Or Junior School: Collins

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2022
Closed on
Jul 25, 2022
Sold by
Delong Nancy
Bought by
Young Alyssa and Young Jason
Seller's Agent
Michael Shea
Shea Real Estate
Buyer's Agent
Blink Estates Group
eXp Realty
List Price
$299,900
Sold Price
$291,080
Premium/Discount to List
-$8,820
-2.94%
Current Estimated Value
$348,335

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,255
Avg. Annual Appreciation
6.06%
Original Mortgage
$154,000
Outstanding Balance
$147,926
Interest Rate
5.23%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$200,370

Purchase Details

Closed on
Mar 11, 2005
Sold by
Goddard Bruce E and Casey John H
Bought by
Delong Nancy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
5.64%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Young Alyssa $291,080 None Available
Delong Nancy M $236,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Young Alyssa $154,000
Previous Owner Delong Nancy M $236,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2022 07/25/22 Sold $291,080 -2.9% $305 / Sq Ft
06/04/2022 06/04/22 Pending -- -- --
05/24/2022 05/24/22 For Sale $299,900 -- $315 / 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 $3,417 $301,300 $0 $301,300
2024 $3,333 $286,800 $0 $286,800
2023 $3,498 $279,600 $0 $279,600
2022 $3,379 $255,000 $0 $255,000
2021 $3,519 $255,000 $0 $255,000
2020 $3,462 $239,600 $0 $239,600
2019 $3,422 $226,600 $0 $226,600
2018 $3,285 $213,600 $0 $213,600
2017 $3,256 $205,300 $0 $205,300
2016 $3,007 $191,900 $0 $191,900
2015 $2,978 $181,500 $0 $181,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72986658

MLS Property Information Network (MLS PIN)

APN: SALE-000034-000000-000053-000803-000803