NOT LISTED FOR SALE

Estimated Value: $522,000 - $558,000

2 Beds
3 Baths
1,231 Sq Ft
1867 Built

Last Sold May 13, 2016

Last sale price $280,100 $228 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $3,504/month

7 Days on Market

About This Home

As of May 2016

Wonderful, sun filled two bedroom town home located in the desirable and pet friendly Residences at Bowditch Place. Huge Master bedroom with on suite bath & amazing closet space. This newly-renovated condominium offers 2 full and 1 half bath, central air, beautiful over-sized windows and semi-private entrance to a fenced yard, with an address in the coveted McIntyre Historic District. The unit comes with difficult to find 2 car parking (with guest parking also available) in the association's on-premises lot. Professionally managed and lovingly maintained building featuring beautiful private park like grounds and common back yard, in unit laundry and additional unit storage. Low condo fee. Ten minute walk to train, downtown shops, and awesome Salem restaurants and night life. **** OPEN HOUSE SUNDAY 2:00-5:00. **** Offers accompanied by a pre-approval must be submitted by 8:00 pm Sunday, April 10, 2016. Response will be made by 11:00 am April 12, 2016.

Last Listed By

David Ashton

Gibson Sotheby's International Realty Listed on: 04/04/2016

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,661

Year Built

1867

Lot Details

0

Listing Details

  • Unit Level: 1
  • Unit Placement: End, Back, Ground, Lower Level, Partially Below Grade
  • Property Type: Condominium/Co-Op
  • Other Agent: 1.00
  • Lead Paint: Unknown
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1867

Interior Features

  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer, Washer / Dryer Combo
  • Has Basement: Yes
  • Primary Bathroom: Yes
  • Number of Rooms: 4
  • Amenities: Public Transportation, Shopping, Medical Facility, Laundromat, House of Worship, Private School, Public School, T-Station, University
  • Electric: Circuit Breakers
  • Energy: Storm Windows, Prog. Thermostat
  • Flooring: Wood, Wall to Wall Carpet, Hardwood
  • Interior Amenities: Cable Available, Intercom
  • Bedroom 2: Basement, 15X10
  • Bathroom #1: Basement
  • Bathroom #2: Basement
  • Kitchen: First Floor, 8X9
  • Laundry Room: Basement, 3X5
  • Living Room: First Floor, 14X19
  • Master Bedroom: Basement, 26X16
  • Master Bedroom Description: Bathroom - Full, Closet - Walk-in, Flooring - Wall to Wall Carpet, Cable Hookup
  • No Living Levels: 2

Exterior Features

  • Roof: Slate, Rubber, Asphalt/Composition Shingles
  • Construction: Brick
  • Exterior: Brick
  • Exterior Unit Features: Fenced Yard, Garden Area, Gutters, Professional Landscaping, Sprinkler System

Garage/Parking

  • Parking: Off-Street, Deeded, Guest, Paved Driveway
  • Parking Spaces: 2

Utilities

  • Cooling: Central Air, Heat Pump, Individual, Unit Control
  • Heating: Forced Air, Heat Pump, Electric
  • Cooling Zones: 1
  • Heat Zones: 1
  • Hot Water: Electric, Tank
  • Utility Connections: for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup, Icemaker Connection
  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Sewage District: Essex

Condo/Co-op/Association

  • Condominium Name: Bowditch Place Condominium
  • Association Fee Includes: Water, Sewer, Master Insurance, Laundry Facilities, Exterior Maintenance, Landscaping, Snow Removal, Extra Storage, Refuse Removal, Garden Area
  • Association Security: Fenced, Intercom
  • Management: Professional - Off Site
  • Pets Allowed: Yes w/ Restrictions
  • No Units: 28
  • Unit Building: 116

Fee Information

  • Fee Interval: Monthly

Schools

  • Elementary School: Bowditch
  • Middle School: Collins
  • High School: Salem High

Lot Info

  • Assessor Parcel Number: M:25 L:0104 S:814
  • Zoning: Res

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2016
Closed on
May 13, 2016
Sold by
Drozek Joseph A and Drozek Susana
Bought by
Payant Richard and Payant Gayle
Seller's Agent
David Ashton
Gibson Sotheby's International Realty
Buyer's Agent
Janice Kostopoulos
Coldwell Banker Realty - Marblehead
List Price
$265,000
Sold Price
$280,100
Premium/Discount to List
$15,100
5.7%
Total Days on Market
7
Current Estimated Value
$546,917

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$266,817
Avg. Annual Appreciation
7.83%

Purchase Details

Closed on
Dec 7, 1990
Sold by
Triantafillou Andrew C
Bought by
Drozek Joseph A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
10.1%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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Average Value
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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
Payant Richard $280,100 --
Drozek Joseph A $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Drozek Joseph A $64,200
Previous Owner Drozek Joseph A $74,000
Previous Owner Drozek Joseph A $76,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2016 05/13/16 Sold $280,100 +5.7% $228 / Sq Ft
04/11/2016 04/11/16 Pending -- -- --
04/04/2016 04/04/16 For Sale $265,000 -- $215 / 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 $5,661 $499,200 $0 $499,200
2024 $5,567 $479,100 $0 $479,100
2023 $5,134 $410,400 $0 $410,400
2022 $4,920 $371,300 $0 $371,300
2021 $4,818 $349,100 $0 $349,100
2020 $4,559 $315,500 $0 $315,500
2019 $4,447 $294,500 $0 $294,500
2018 $4,174 $271,400 $0 $271,400
2017 $4,106 $258,900 $0 $258,900
2016 $3,954 $252,300 $0 $252,300
2015 $3,797 $231,400 $0 $231,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71982212

MLS Property Information Network (MLS PIN)

APN: SALE-000025-000000-000104-000814-000814