NOT LISTED FOR SALE

Estimated Value: $638,025 - $699,000

2 Beds
3 Baths
1,700 Sq Ft
$388/Sq Ft Est. Value

Last Sold September 11, 2012

Last sale price $280,000 $165 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $4,201/month

About This Home

As of September 2012

LIVE IN A LUXURY CONDO!! Formerly a school building and this unit was the originally the Principal's Office. Located in Salem's Historic McIntyre District is a simply FABULOUS home that stretches 1700 square feet w/ southern exposure that fills the Dining Room & fully renovated kitchen with natural light. Featuring beautiful maple cabinetry, granite counters, SS appliances and open floor plan Island kitchen counter. Decorative Wood-burning fireplace sets the stage for a romantic evening with a friend. Other features included 1 full bathrooms and two half baths for guests, great closet space, central air and massive bedrooms. Parking Included. PROPERTY READY FOR LEASE OCTOBER 15TH FOR MOVE IN.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2012
Closed on
Sep 12, 2012
Sold by
Gerschwiler Laurie A
Bought by
Hayes Patrick
Seller's Agent
EdVantage Home Group
RE/MAX Encore
Buyer's Agent
Arthur Deych
Block Realty
List Price
$299,900
Sold Price
$280,000
Premium/Discount to List
-$19,900
-6.64%
Current Estimated Value
$659,506

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$379,506
Avg. Annual Appreciation
6.16%
Original Mortgage
$224,000
Outstanding Balance
$157,742
Interest Rate
3.57%
Mortgage Type
New Conventional
Estimated Equity
$439,933

Purchase Details

Closed on
Jun 30, 2011
Sold by
Zuretti Drusilla
Bought by
Gerschwiler Laurie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,750
Interest Rate
4.62%

Purchase Details

Closed on
Mar 17, 2000
Sold by
Ellison George H and Ellison Donna M
Bought by
Zuretti Drusilla

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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Average Value
Not Available
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
Hayes Patrick $280,000 --
Gerschwiler Laurie A $245,000 --
Zuretti Drusilla $158,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ellison George H $224,000
Previous Owner Ellison George H $183,750
Previous Owner Ellison George H $210,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2023 10/24/23 Rented $3,000 0.0% --
10/13/2023 10/13/23 Under Contract -- -- --
10/02/2023 10/02/23 For Rent $3,000 0.0% --
09/11/2012 09/11/12 Sold $280,000 -6.6% $165 / Sq Ft
08/10/2012 08/10/12 Pending -- -- --
07/11/2012 07/11/12 For Sale $299,900 -- $177 / Sq Ft

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 $6,527 $575,600 $0 $575,600
2024 $5,894 $507,200 $0 $507,200
2023 $5,701 $455,700 $0 $455,700
2022 $5,438 $410,400 $0 $410,400
2021 $5,325 $385,900 $0 $385,900
2020 $5,026 $347,800 $0 $347,800
2019 $4,885 $323,500 $0 $323,500
2018 $4,557 $296,300 $0 $296,300
2017 $4,473 $282,000 $0 $282,000
2016 $4,295 $274,100 $0 $274,100
2015 $4,114 $250,700 $0 $250,700
Source: Public Records

Agents Affiliated with this Home

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