NOT LISTED FOR SALE

Estimated Value: $540,000 - $621,000

2 Beds
1 Bath
960 Sq Ft
$265/mo HOA Fee

Last Sold July 19, 2021

Last sale price $500,000 $521 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $4,026/month

1 Day on Market

Highlights

  • Harbor Views
  • Forced Air Heating and Cooling System
  • 2-minute walk to Swiniuch Park
  • Wood Flooring

About This Home

As of July 2021

Occupying the top floor of a Georgian-style home dating to 1782, this property is a true blend of historic charm and modern amenities. This light and airy condo features exposed beams, Brazilian cherry floors, two fireplaces, a roomy kitchen with stainless steel appliances, central air conditioning, in-unit laundry, a new hot water tank, and a spacious deck with views of Salem Harbor and Marblehead. This unit is located on a side street mere moments from the Salem Ferry, in the heart of the vibrant Historic Derby Street Neighborhood with many restaurants and cultural sights at your doorstep.

Last Listed By

Melissa Weinand

William Raveis R.E. & Home Services Listed on: 05/25/2021

William Raveis R.E. & Home Services

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,184

Year Built

  • Built in 1782

Lot Details

  • 6,098

HOA Fees

  • $265 per month

Kitchen

  • Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Natural Gas Water Heater

Additional Features

  • Harbor Views
  • Laundry in unit
  • Basement

Community Details

  • Pets Allowed

Listing and Financial Details

  • Assessor Parcel Number M:41 L:0334 S:805

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,184

Year Built

Built in 1782

Lot Details

0

HOA Fees

$265 per month

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Low-Rise
  • Other Agent: 1.00
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 515.63
  • Comp Based On: Gross/Full Sale Price
  • Year Built: 1782
  • Lead Paint: Unknown
  • Unit Building: 5
  • Unit Level: 3
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1782

Interior Features

  • Fireplaces: 2
  • Flooring: Wall to Wall Carpet, Hardwood
  • Appliances: Range, Dishwasher, Disposal
  • No Bedrooms: 2
  • Master Bedroom: On Level: First Floor, Dimension: 13'2X10'2, Closet - Walk-in, Flooring - Wall to Wall Carpet, Remodeled
  • Bedroom 2: On Level: First Floor, Dimension: 13'10X11'4, Closet, Flooring - Wall to Wall Carpet
  • Full Bathrooms: 1
  • Bathroom 1: On Level: First Floor, Dimension: 7'7X10'10, Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Main Level
  • No Rooms: 4
  • Dining Room: On Level: First Floor, Dimension: 15'1X6'1, Ceiling - Beamed, Flooring - Hardwood, Main Level, Remodeled
  • Kitchen: On Level: First Floor, Dimension: 15X9'7, Fireplace, Ceiling - Beamed, Flooring - Hardwood, Dining Area, Balcony / Deck, Countertops - Stone/Granite/Solid, Main Level, Recessed Lighting, Remodeled, Stainless Steel Appliances
  • Laundry: On Level: First Floor
  • Laundry Features: In Unit
  • Living Room: On Level: First Floor, Dimension: 22'3X16'11, Fireplace, Ceiling - Beamed, Flooring - Hardwood, Main Level, Recessed Lighting, Remodeled
  • Basement: Y
  • No Living Levels: 3
  • Main Lo: M59500
  • Main So: M59500
  • Estimated Sq Ft: 960.00

Exterior Features

  • Beachfront Flag: Yes
  • Beach Miles To: 3/10 to 1/2 Mile
  • Waterview Features: Harbor
  • Waterview Flag: Yes
  • Exterior: Clapboard, Wood
  • Exterior Unit Features: Deck - Roof

Garage/Parking

  • Parking Feature: Off-Street, Assigned
  • Parking Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Cooling: Central Air
  • Cooling Zones: 1
  • Heating: Forced Air, Gas
  • Heat Zones: 1
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Fee Interval: Monthly
  • HOA Fees: 265.00
  • Association Fee Includes: Water, Sewer, Master Insurance, Exterior Maintenance, Landscaping, Snow Removal, Extra Storage, Reserve Funds
  • Condo Association: Yes
  • Management: Owner Association

Association/Amenities

  • Condominium Name: 4 Blaney Street Condominium

Lot Info

  • Assessments: 338900.00
  • Acre: 0.14
  • Lot Size: 6277.00
  • Page: 531
  • Parcel Number: M:41 L:0334 S:805
  • Zoning: I

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Taxes: 4677.00
  • Assessor Parcel Number: 4708424
  • Tax Year: 2021

Multi Family

  • No Units: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2021
Closed on
Jul 19, 2021
Sold by
Cormier Michele T
Bought by
Ouellette Christopher
Seller's Agent
Melissa Weinand
William Raveis R.E. & Home Services
Buyer's Agent
Brandon Collins
William Raveis R.E. & Home Services
List Price
$495,000
Sold Price
$500,000
Premium/Discount to List
$5,000
1.01%
Total Days on Market
1
Current Estimated Value
$579,937

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,937
Avg. Annual Appreciation
3.93%
Original Mortgage
$375,000
Outstanding Balance
$344,649
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$235,288

Purchase Details

Closed on
Nov 30, 2007
Sold by
4 Blaney St Salem Rt
Bought by
Cormier Michele T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,850
Interest Rate
6.48%
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
Ouellette Christopher $500,000 None Available
Cormier Michele T $343,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ouellette Christopher $375,000
Previous Owner Cormier Michele T $307,774
Previous Owner Cormier Michele T $325,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2021 07/19/21 Sold $500,000 +1.0% $521 / Sq Ft
05/26/2021 05/26/21 Pending -- -- --
05/25/2021 05/25/21 For Sale $495,000 -- $516 / 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 $6,184 $545,300 $0 $545,300
2024 $6,119 $526,600 $0 $526,600
2023 $5,984 $478,300 $0 $478,300
2022 $5,316 $401,200 $0 $401,200
2021 $4,677 $338,900 $0 $338,900
2020 $4,667 $323,000 $0 $323,000
2019 $4,912 $325,300 $0 $325,300
2018 $4,797 $311,900 $0 $311,900
2017 $4,717 $297,400 $0 $297,400
2016 $4,478 $285,800 $0 $285,800
2015 $4,459 $271,700 $0 $271,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72837651

MLS Property Information Network (MLS PIN)

APN: SALE-000041-000000-000334-000805-000805