Seller's Agent in 2019
Kevin Farrar
Atlantic Coast Homes,Inc
(978) 578-3448
1 in this area
25 Total Sales
35 Summit Ave Unit 2 Salem, MA 01970
South Salem NeighborhoodEstimated Value: $493,000 - $651,000
3
Beds
1
Bath
1,206
Sq Ft
1896
Built
About This Home
As of December 2019This classic and elegantly unique 3 bedroom 1 bathroom condo in a very sought after neighborhood of Salem is available for you today. Excellent location with close proximity to the ocean, parks, shops, schools and much more. This unit has an updated kitchen, large bedrooms and private outdoor space making it great for entertaining. The property boasts mature, picturesque landscaping and a strong association. Come be apart of thriving Salem and call this condo your home. First Open House will take place on Thursday 9/26 from 5:30-7. Also join us for another Open House Sunday 9/29 from 11-1.
Property Details
Home Type
- Condominium
Year Built
- Built in 1896
Flooring
- Wood Flooring
Utilities
- Window Unit Cooling System
- Heating System Uses Gas
- Natural Gas Water Heater
Additional Features
- Basement
Community Details
- Call for details about the types of pets allowed
Listing and Financial Details
- Assessor Parcel Number M:33 L:0654 S:802
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 24, 2019
Closed on
Dec 16, 2019
Sold by
Zannino-Peppe Jayne
Bought by
Hautau Carol E
Seller's Agent
Kevin Farrar
Atlantic Coast Homes,Inc
Buyer's Agent
Kevin Farrar
Atlantic Coast Homes,Inc
List Price
$379,900
Sold Price
$360,000
Premium/Discount to List
-$19,900
-5.24%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$183,725
Avg. Annual Appreciation
6.98%
Original Mortgage
$118,000
Outstanding Balance
$103,346
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$440,379
Purchase Details
Closed on
Aug 7, 2019
Sold by
Gilbert Aaron M
Bought by
Zannino-Peppe Jayne
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,500
Interest Rate
3.7%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jun 23, 2016
Closed on
Aug 24, 2016
Sold by
Whitehouse Joanne M
Bought by
Gilbert Aaron M
Seller's Agent
Karen Dirocco
Keller Williams Realty Evolution
Buyer's Agent
Kate Richard
J. Barrett & Company
List Price
$259,900
Sold Price
$259,000
Premium/Discount to List
-$900
-0.35%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.19%
Original Mortgage
$249,000
Interest Rate
3.42%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 4, 1989
Sold by
Gabrielli David
Bought by
Whitehouse Joanne
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
9.82%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hautau Carol E | $360,000 | None Available | |
| Hautau Carol E | $360,000 | None Available | |
| Zannino-Peppe Jayne | $310,000 | -- | |
| Gilbert Aaron M | $259,000 | -- | |
| Whitehouse Joanne | $134,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hautau Carol E | $118,000 | |
| Closed | Hautau Carol E | $118,000 | |
| Previous Owner | Zannino-Peppe Jayne | $263,500 | |
| Previous Owner | Gilbert Aaron M | $249,000 | |
| Previous Owner | Whitehouse Joanne | $70,000 | |
| Previous Owner | Whitehouse Joanne | $80,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/17/2019 12/17/19 | Sold | $360,000 | -5.2% | $299 / Sq Ft | |
| 11/17/2019 11/17/19 | Pending | -- | -- | -- | |
| 09/24/2019 09/24/19 | For Sale | $379,900 | +46.7% | $315 / Sq Ft | |
| 08/24/2016 08/24/16 | Sold | $259,000 | -0.3% | $215 / Sq Ft | View Prior Sale |
| 06/30/2016 06/30/16 | Pending | -- | -- | -- | |
| 06/23/2016 06/23/16 | For Sale | $259,900 | -- | $216 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $5,430 | $478,800 | $0 | $478,800 |
| 2024 | $5,329 | $458,600 | $0 | $458,600 |
| 2023 | $5,219 | $417,200 | $0 | $417,200 |
| 2022 | $5,012 | $378,300 | $0 | $378,300 |
| 2021 | $4,932 | $357,400 | $0 | $357,400 |
| 2020 | $4,825 | $333,900 | $0 | $333,900 |
| 2019 | $2,889 | $303,100 | $0 | $303,100 |
| 2018 | $4,245 | $276,000 | $0 | $276,000 |
| 2017 | $3,973 | $250,500 | $0 | $250,500 |
| 2016 | $3,759 | $239,900 | $0 | $239,900 |
| 2015 | $3,761 | $229,200 | $0 | $229,200 |
Source: Public Records
Agents Affiliated with this Home
-
Kevin Farrar
-
Karen Dirocco
K
Seller's Agent in 2016
Karen Dirocco
Keller Williams Realty Evolution
(781) 718-7392
11 Total Sales
-
Kate Richard
Buyer's Agent in 2016
Kate Richard
J. Barrett & Company
(978) 252-0322
5 in this area
58 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72569858
APN: SALE-000033-000000-000654-000802-000802
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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