NOT LISTED FOR SALE

Estimated Value: $540,000 - $553,000

2 Beds
1 Bath
1,050 Sq Ft
$404/mo HOA Fee

Last Sold November 02, 2023

Last sale price $520,000 $495 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,900/month

5 Days on Market

Highlights

  • Water Access
  • 0.9 Acre Lot
  • Landscaped Professionally
  • Medical Services
  • Open Floorplan
  • Property is near public transit

About This Home

As of November 2023

Bright and sunny corner unit located at the highly regarded Bowditch Place Condominiums. Nestled in the McIntire Historic District, this beautiful 2 bedroom,1 bath unit features hardwood floors throughout. The well-appointed kitchen features white cabinetry with stainless accents and the bath features a vessel sink and spa tub and shower combo. In-home Bosch washer/dryer makes laundry a breeze. The Master Bedroom includes a custom built-in bookshelf and an en-suite entrance to the bath for privacy, as well as a guest entrance. There is additional storage located in the basement, plus a common area bike room adjacent to the parking lot. Complete with 2 off street parking spaces, one deeded, Bowditch Place is located close to all the restaurants, museums and entertainment that this wonderful city has to offer. This pet friendly building has beautiful, parklike grounds making this unit a jewel in one of the most sought-after neighborhoods in Salem!

Last Listed By

David Ashton

Gibson Sotheby's International Realty Listed on: 09/26/2023

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,580

Year Built

  • Built in 1870

Lot Details

  • Near Conservation Area
  • Two or More Common Walls
  • Fenced Yard
  • Security Fence
  • Landscaped Professionally
  • Garden

HOA Fees

  • $404 Monthly HOA Fees

Home Design

  • Garden Home
  • Brick Exterior Construction
  • Shingle Roof
  • Slate Roof
  • Rubber Roof

Interior Spaces

  • 1,050 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Recessed Lighting
  • Light Fixtures
  • Entrance Foyer
  • Intercom
  • Basement

Kitchen

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

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Parking

  • 2 Car Parking Spaces
  • Common or Shared Parking
  • Driveway
  • Guest Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Water Access
  • Patio

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Collins Middle School
  • Salem High School

Utilities

  • Mini Split Air Conditioners
  • Forced Air Heating and Cooling System
  • 1 Cooling Zone
  • 1 Heating Zone
  • Heat Pump System
  • Individual Controls for Heating
  • 100 Amp Service
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number M:25 L:0104 S:823,2131427

Community Details

Overview

  • Association fees include water, sewer, insurance, maintenance structure, ground maintenance, snow removal, trash
  • 28 Units
  • Bowditch Place Condominiums Community

Amenities

  • Medical Services
  • Community Garden
  • Common Area
  • Shops
  • Coin Laundry
  • Community Storage Space

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Storm Windows

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,580

Year Built

Built in 1870

Lot Details

0

HOA Fees

$404 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Garden
  • Year Built: 1870
  • Buyer Agency: 2.0
  • Entry Level: 2
  • Transaction Broker: 0
  • Year Built Details: Renovated Since
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Gross/Full Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Tile, Hardwood
  • Interior Amenities: Internet Available - Broadband
  • Entry Location: Unit Placement(Upper)
  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Disposal,Microwave,Refrigerator,Washer,Dryer, Utility Connections for Electric Range, Utility Connections for Electric Oven, Utility Connections for Electric Dryer
  • Total Bedrooms: 2
  • Room Bedroom2 Level: Second
  • Room Bedroom2 Features: Closet, Flooring - Hardwood, Cable Hookup, High Speed Internet Hookup
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Features: Closet, Flooring - Hardwood, Cable Hookup, High Speed Internet Hookup
  • Room Master Bedroom Level: Second
  • Bathroom 1 Features: Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile, Dryer Hookup - Electric, Washer Hookup
  • Bathroom 1 Level: Second
  • Room Dining Room Features: Flooring - Hardwood, High Speed Internet Hookup, Open Floorplan, Lighting - Overhead
  • Room Dining Room Level: Second
  • Room Kitchen Level: Second
  • Room Kitchen Features: Flooring - Hardwood, Open Floorplan, Recessed Lighting, Stainless Steel Appliances
  • Laundry Features: Second Floor, In Unit, Washer Hookup
  • Room Living Room Level: Second
  • Room Living Room Features: Flooring - Hardwood, High Speed Internet Hookup, Open Floorplan, Lighting - Overhead, Vestibule
  • Basement: Y
  • Accessibility Features: No
  • Living Area: 1050
  • Other Equipment: Intercom
  • Spa YN: No
  • Stories Total: 1
  • Window Features: Storm Window(s)
  • MAIN LO: BB5918
  • LIST PRICE PER Sq Ft: 476.1
  • PRICE PER Sq Ft: 495.24
  • MAIN SO: C95098
  • Insulation: Unknown

Exterior Features

  • Exterior Features: Patio, Fenced Yard, Garden, Professional Landscaping
  • Common Walls: 2+ Common Walls, Corner
  • Construction Materials: Brick
  • Fencing: Security, Fenced
  • Home Warranty YN: No
  • Patio And Porch Features: Patio
  • Roof: Shingle, Slate, Rubber
  • Waterfront Features: Beach Front, Harbor, Direct Access, 1 to 2 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Off Street, Common, Guest, Driveway
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup
  • Cooling: Central Air, Heat Pump, Individual, Unit Control
  • Heating: Central, Forced Air, Heat Pump, Electric, Individual, Unit Control
  • Cooling Y N: Yes
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating YN: Yes
  • Security Features: Intercom
  • Water Source: Public
  • SEWAGE DISTRICT: Essex
  • HEAT ZONES: 1
  • COOLING ZONES: 1

Condo/Co-op/Association

  • Association Amenities: Laundry, Storage, Garden Area
  • Association Fee: 404.03
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Medical Facility, Laundromat, Conservation Area, House of Worship, Private School, Public School, T-Station, University
  • Senior Community YN: No
  • UNIT BUILDING: 201
  • MANAGEMENT: Professional - Off Site
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash

Lot Info

  • Parcel Number: M:25 L:0104 S:823,2131427
  • Zoning: R2
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.9
  • Lot Size Area: 0.9
  • Lot Size Sq Ft: 39204
  • Lot Size Units: Acres
  • PAGE: 438
  • OUTDOOR SPACE AVAILABLE: Yes - Common
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 4580
  • Tax Book Number: 24660

Multi Family

  • Number Of Units Total: 28
  • Basement Included Sq Ft: No
  • NO UNITS OWNER OCC: 24

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 4, 2005
Sold by
Friedman Verna M
Bought by
Hanson Kirk G
Total Days on Market
5
Current Estimated Value
$547,284

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
Outstanding Balance
$129,085
Interest Rate
5.63%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$383,522

Purchase Details

Closed on
Dec 20, 1996
Sold by
Hawthorne Nt and Pederson
Bought by
Friedman Verna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
7.62%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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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
Hanson Kirk G $295,000 --
Friedman Verna M $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Friedman Verna M $236,000
Previous Owner Friedman Verna M $84,000
Previous Owner Friedman Verna M $56,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2023 11/02/23 Sold $520,000 +4.0% $495 / Sq Ft
10/02/2023 10/02/23 Pending -- -- --
09/26/2023 09/26/23 For Sale $499,900 -- $476 / 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 $5,536 $488,200 $0 $488,200
2024 $4,789 $412,100 $0 $412,100
2023 $4,580 $366,100 $0 $366,100
2022 $4,376 $330,300 $0 $330,300
2021 $4,285 $310,500 $0 $310,500
2020 $4,047 $280,100 $0 $280,100
2019 $3,940 $260,900 $0 $260,900
2018 $3,682 $239,400 $0 $239,400
2017 $3,618 $228,100 $0 $228,100
2016 $3,476 $221,800 $0 $221,800
2015 $3,333 $203,100 $0 $203,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73161147

MLS Property Information Network (MLS PIN)

APN: SALE-000025-000000-000104-000815-000815