NOT LISTED FOR SALE

Estimated Value: $567,000 - $628,992

3 Beds
2 Baths
1,512 Sq Ft
$392/Sq Ft Est. Value

Last Sold December 03, 2021

Last sale price $490,000 $324 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $3,791/month

7 Days on Market

Highlights

  • Wood Flooring
  • Cedar Closet
  • Dining Area
  • Bay Window

About This Home

As of December 2021

Welcome Home to 4 Cedarcrest Ave ~ Bright and Sunny South Salem Cape is nestled in a convenient location surrounded by trees and mature plantings. Boasting Beautiful Hardwood floors, a Fireplaced Dining room with open access to an Eat-in Kitchen and a Spacious Livingroom with bay windows. Three large bedrooms, one on the 1st floor, Two bathrooms plus a cedar closet. Additional storage in the basement with access to your One Car garage. The secluded backyard includes a storage shed and a patio, a perfect and peaceful oasis to enjoy. Plenty of additional off-street parking in the 2 driveways, New Gas Heating, Hot water, and Central Air plus Owned Solar Panels. Minutes to schools, beaches, shopping and commuter rail to Boston. Close to downtown Salem, Swampscott, and Marblehead amenities. This Gem is waiting for your personal touch!

Last Agent to Sell the Property

Zoe Karademos

Coldwell Banker Realty - Beverly Listed on: 09/28/2021

Coldwell Banker Realty - Beverly

Last Buyer's Agent

The Beaton Team

Leading Edge Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,746

Year Built

  • 1955

Lot Details

  • 0.35

Parking

  • 1

Interior Spaces

  • Bay Window
  • Dining Area
  • Wood Flooring
  • Exterior Basement Entry

Bedrooms and Bathrooms

  • Primary bedroom located on second floor
  • Cedar Closet

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,746

Year Built

1955

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • Architectural Style: Cape
  • Carport Y N: No
  • Directions: Loring Ave to Cedarcrest Ave
  • Garage Yn: Yes
  • Property Attached Yn: No
  • Road Frontage Type: Public
  • Subdivision Name: South Salem
  • Year Built Details: Approximate
  • Special Features: None
  • Year Built: 1955

Interior Features

  • Appliances: Range,Dishwasher,Refrigerator,Washer,Dryer, Gas Water Heater,Tank Water Heater
  • Has Basement: Full, Garage Access, Concrete
  • Room Bedroom2 Level: Second
  • Room Bedroom2 Features: Closet
  • Room Bedroom3 Features: Closet, Flooring - Hardwood
  • Room Bedroom3 Level: First
  • Total Bathrooms: 2
  • Room Master Bedroom Features: Cedar Closet(s)
  • Room Master Bedroom Level: Second
  • Bathroom 1 Features: Bathroom - Full
  • Bathroom 1 Level: First
  • Bathroom 2 Level: Second
  • Bathroom 2 Features: Bathroom - 3/4
  • Room Dining Room Features: Flooring - Hardwood, Window(s) - Bay/Bow/Box
  • Room Dining Room Level: First
  • Room Kitchen Level: First
  • Room Kitchen Features: Dining Area, Exterior Access
  • Room Living Room Level: First
  • Room Living Room Features: Flooring - Hardwood, Window(s) - Bay/Bow/Box
  • MAIN LO: AN6181
  • LIST PRICE PER Sq Ft: 330.03
  • PRICE PER Sq Ft: 324.07
  • MAIN SO: AN4643
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Tile, Hardwood

Exterior Features

  • Roof: Shingle
  • Exterior Features: Rain Gutters, Storage
  • Foundation Details: Concrete Perimeter
  • Construction Type: Frame
  • Disclosures: Roof 2003.. Solar Panels Owned 2014. Gutter & Ice Shield 2015. Vinyl Fence 2019. New Hot Water 2020. New Furnace & Ac 2020 . All Appliances Left As Gifts. $199 Fee To Transfer Solar Panel Warranty, Buyers Responsibility.
  • Fencing: Fenced/Enclosed
  • Lot Features: Corner Lot, Wooded
  • Patio And Porch Features: Patio
  • Waterfront Features: Beach Front, Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public)
  • Waterfront: Yes

Garage/Parking

  • Parking Features: Under, Paved Drive, Off Street
  • Attached Garage: Yes
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Open Parking: Yes
  • Total Parking Spaces: 4

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating Yn: Yes
  • Laundry Features: In Basement
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Highway Access, Public School, T-Station

Lot Info

  • LOT SIZE: 15198
  • PAGE: 262
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 15245.999999
  • Zoning: R1

Tax Info

  • Tax Annual Amount: 5349
  • Tax Book Number: 8504
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2021
Closed on
Dec 3, 2021
Sold by
Horne Janet E
Bought by
Colleran James and Colleran Meaghan
Seller's Agent
Zoe Karademos
Coldwell Banker Realty - Beverly
Buyer's Agent
The Beaton Team
Leading Edge Real Estate
List Price
$499,000
Sold Price
$490,000
Premium/Discount to List
-$9,000
-1.8%
Total Days on Market
7
Current Estimated Value
$592,248

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,248
Avg. Annual Appreciation
6.31%
Original Mortgage
$325,000
Outstanding Balance
$303,106
Interest Rate
3.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$304,339

Purchase Details

Closed on
Sep 11, 1986
Bought by
Horne Janet E
Source: Public Records

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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
Colleran James $490,000 None Available
Horne Janet E $177,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Colleran James $325,000
Previous Owner Horne Janet E $80,000
Previous Owner Horne Janet E $81,000
Previous Owner Horne Janet E $67,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/03/2021 12/03/21 Sold $490,000 -1.8% $324 / Sq Ft
10/06/2021 10/06/21 Pending -- -- --
09/28/2021 09/28/21 For Sale $499,000 -- $330 / 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 $5,746 $506,700 $210,300 $296,400
2024 $5,753 $495,100 $210,300 $284,800
2023 $5,571 $445,300 $192,500 $252,800
2022 $5,553 $419,100 $185,400 $233,700
2021 $5,349 $387,600 $185,400 $202,200
2020 $5,364 $371,200 $174,700 $196,500
2019 $5,341 $353,700 $166,000 $187,700
2018 $5,129 $333,500 $158,300 $175,200
2017 $5,015 $316,200 $149,700 $166,500
2016 $4,676 $298,400 $131,900 $166,500
2015 $4,541 $276,700 $121,200 $155,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72901061

MLS Property Information Network (MLS PIN)

APN: SALE-000021-000000-000125