NOT LISTED FOR SALE

Estimated Value: $520,000 - $549,000

2 Beds
1 Bath
1,050 Sq Ft
1900 Built

Last Sold July 25, 2019

Last sale price $370,000 $352 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $3,418/month

13 Days on Market

Highlights

  • Waterfront
  • Landscaped Professionally
  • Wood Flooring
  • Open Floorplan
  • Property is near public transit
  • Solid Surface Countertops

About This Home

As of July 2019

Bowditch Place is a sought after address in Salem's McIntire Historic District. This unit is located on the 2nd floor of the original brick schoolhouse boasting huge windows, hardwood flooring, high ceilings & large rooms w/an open layout. The gorgeous designer kitchen features white raised panel cabinetry w/a lighted glass display unit, beautiful granite counters, stainless appliances & a fabulous tray ceiling w/interior lighting! The master bedroom is ultra spacious, easily accommodating king sized furniture, & offers an oversized double closet.The second is a roomy corner bedroom with 2 windows that let in tons of natural light. Renovations in the full bath include ceramic tile flooring, a new toilet, designer lighting & a maple vanity with Corian countertop. In-unit laundry is a huge plus! This association is pet friendly & also has separate locked storage units in the basement w/a community bike room. Outside there's a large shared yard & ample Parking. Easy Walk to Everything!

Last Listed By

Pam McKee

Keller Williams Realty Evolution Listed on: 06/06/2019

Keller Williams Realty Evolution

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,636

Year Built

  • Built in 1900 | Remodeled

Lot Details

  • Waterfront
  • Two or More Common Walls
  • Landscaped Professionally
  • Sprinkler System

Parking

  • 2 Car Parking Spaces

Home Design

  • Brick Exterior Construction
  • Slate Roof
  • Rubber Roof

Interior Spaces

  • 1,050 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Crown Molding
  • Coffered Ceiling
  • Recessed Lighting
  • Intercom

Kitchen

  • Range with Range Hood
  • Dishwasher
  • Stainless Steel Appliances
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • 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

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Energy-Efficient Thermostat
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number 2131440

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include water, sewer, insurance, maintenance structure, ground maintenance, snow removal, trash, reserve funds
  • 28 Units
  • Mid-Rise Condominium
  • The Bowditch School Community

Amenities

  • Common Area
  • Shops
  • Community Storage Space

Pet Policy

  • Breed Restrictions

Security

  • Storm Windows

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,636

Year Built

Built in 1900 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Mid-Rise
  • Year Built: 1900
  • Buyer Agency: 2.5
  • Buyer Agency Type: %
  • Entry Level: 2
  • Transaction Broker: 2.5
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Wood, Tile
  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Disposal,Refrigerator,Washer,Dryer,Range Hood, Electric Water Heater
  • Total Bedrooms: 2
  • Room Bedroom2 Level: Second
  • Room Bedroom2 Features: Closet, Flooring - Hardwood
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Features: Closet, Flooring - Hardwood
  • Room Master Bedroom Level: Second
  • Bathroom 1 Features: Bathroom - Full, Bathroom - With Tub & Shower, Countertops - Stone/Granite/Solid
  • Bathroom 1 Level: Second
  • Room Dining Room Features: Flooring - Hardwood, Open Floorplan, Crown Molding
  • Room Dining Room Level: Second
  • Room Kitchen Level: Second
  • Room Kitchen Features: Coffered Ceiling(s), Flooring - Hardwood, Countertops - Stone/Granite/Solid, Recessed Lighting, Remodeled, Stainless Steel Appliances, Crown Molding
  • Laundry Features: Second Floor, In Unit
  • Room Living Room Level: Second
  • Room Living Room Features: Flooring - Hardwood, Open Floorplan, Crown Molding
  • Living Area: 1050
  • Other Equipment: Intercom
  • Stories Total: 1
  • Window Features: Storm Window(s)
  • MAIN LO: C95098
  • LIST PRICE PER Sq Ft: 357.14
  • PRICE PER Sq Ft: 352.38
  • MAIN SO: C95180

Exterior Features

  • Exterior Features: Professional Landscaping, Sprinkler System
  • Common Walls: 2+ Common Walls
  • Construction Materials: Brick
  • Roof: Slate, Rubber
  • Waterfront Features: Beach Front, 1 to 2 Mile To Beach
  • Waterfront YN: Yes

Garage/Parking

  • Garage YN: No
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Heat Pump, Electric
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Security Features: Intercom
  • Water Source: Public
  • SEWAGE DISTRICT: sesd

Condo/Co-op/Association

  • Association Amenities: Storage
  • Association Fee: 350
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, House of Worship, T-Station
  • UNIT BUILDING: 202

Fee Information

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

Lot Info

  • Parcel Number: 2131440
  • Zoning: R2
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Property Attached YN: Yes
  • PAGE: 140
  • OUTDOOR SPACE AVAILABLE: Yes - Common

Green Features

  • Green Energy Efficient: Thermostat

Rental Info

  • Pets Allowed: Breed Restrictions

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 3635.83
  • Tax Book Number: 19023

Multi Family

  • Number Of Units Total: 28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2019
Closed on
Jul 19, 2019
Sold by
Reed Karen
Bought by
Jenkins James B and Jenkins Joyce W
Seller's Agent
Pam McKee
Keller Williams Realty Evolution
Buyer's Agent
Patrick Runne
Armstrong Field Real Estate
List Price
$375,000
Sold Price
$370,000
Premium/Discount to List
-$5,000
-1.33%
Total Days on Market
13
Current Estimated Value
$533,927

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,927
Avg. Annual Appreciation
7.72%
Original Mortgage
$288,000
Outstanding Balance
$256,060
Interest Rate
3.82%
Mortgage Type
New Conventional
Estimated Equity
$313,869

Purchase Details

Closed on
Aug 1, 2002
Sold by
Wade Rt and Wade James F
Bought by
Reed Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
6.64%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 31, 1993
Sold by
Ellison George H
Bought by
Wade James F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,700
Interest Rate
7.6%
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
Jenkins James B $370,000 --
Reed Karen $200,000 --
Wade James F $41,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jenkins James B $288,000
Previous Owner Wade James F $190,000
Previous Owner Wade James F $190,000
Previous Owner Wade James F $28,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2019 07/25/19 Sold $370,000 -1.3% $352 / Sq Ft
06/19/2019 06/19/19 Pending -- -- --
06/06/2019 06/06/19 For Sale $375,000 -- $357 / 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 $5,496 $484,700 $0 $484,700
2024 $5,467 $470,500 $0 $470,500
2023 $5,150 $411,700 $0 $411,700
2022 $4,925 $371,700 $0 $371,700
2021 $4,823 $349,500 $0 $349,500
2020 $4,410 $305,200 $0 $305,200
2019 $3,894 $257,900 $0 $257,900
2018 $3,628 $236,400 $0 $236,400
2017 $3,572 $225,200 $0 $225,200
2016 $3,430 $218,900 $0 $218,900
2015 $3,289 $200,400 $0 $200,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72514046

MLS Property Information Network (MLS PIN)

APN: SALE-000025-000000-000104-000816-000816