$425,000
SOLD FEB 28, 2022
2 Beds
2 Baths
840 Sq Ft
$195/mo HOA Fee

Recently Sold

$506 Per Sq Ft

3% Below List Price

13 Days on Market

Highlights

  • Medical Services
  • Property is near public transit
  • Ductless Heating Or Cooling System
  • Waterfront
  • Jogging Path
  • 1-minute walk to Swiniuch Park

About This Home

As of October 2023

Beautifully renovated 2 Bedroom Condo located in the Historic Waterfront area of Salem. Rare Large open floor plan with high ceilings. 2 Full Baths including a Beautiful Master bath. Central Air. Laundry in unit. 2 car assigned off street parking. Tons of natural lighting. Steps to Pickering Wharf, Salem Common and the Commuter Ferry to Boston.

Last Agent to Sell the Property

Michelle DeVito

Cameron Real Estate Group Listed on: 01/06/2022

Cameron Real Estate Group

Last Buyer's Agent

Kevin Mccafferty

RyVal Homes

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,500

Year Built

  • Built in 1800

Lot Details

  • Waterfront
  • Two or More Common Walls

HOA Fees

  • $195 Monthly HOA Fees

Home Design

  • Garden Home
  • Frame Construction
  • Shingle Roof
  • Rubber Roof

Interior Spaces

  • 840 Sq Ft Home
  • 1-Story Property

Kitchen

  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Washer and Electric Dryer Hookup

Parking

  • 2 Car Parking Spaces
  • Off-Street Parking
  • Assigned Parking

Outdoor Features

  • Rain Gutters

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Ductless Heating Or Cooling System
  • Heating Available
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number M:41 L:0007,2137752

Community Details

Overview

  • Association fees include water, insurance, maintenance structure, ground maintenance, snow removal
  • 3 Units

Amenities

  • Medical Services
  • Shops

Recreation

  • Park
  • Jogging Path

Pet Policy

  • Breed Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,500

Year Built

Built in 1800

Lot Details

0

HOA Fees

$195 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Garden
  • Year Built: 1800
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Entry Level: 2
  • Transaction Broker: 2
  • Transaction Broker Type: %
  • Year Built Details: Approximate,Renovated Since
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Tile, Laminate
  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Microwave,Refrigerator, Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Dryer
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Master Bathroom Features: Yes
  • Laundry Features: In Unit, Washer Hookup
  • Living Area: 840
  • Stories Total: 1
  • MAIN LO: AC0756
  • LIST PRICE PER Sq Ft: 522.62
  • PRICE PER Sq Ft: 505.95
  • MAIN SO: NB9147

Exterior Features

  • Exterior Features: Rain Gutters
  • Common Walls: 2+ Common Walls
  • Construction Materials: Frame
  • Roof: Shingle, Rubber
  • Waterfront Features: Beach Front, Ocean, 1/2 to 1 Mile To Beach
  • Waterfront YN: Yes

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street, Assigned
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Dryer, Washer Hookup
  • Cooling: Ductless
  • Heating: Ductless
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 195
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, House of Worship, Public School, T-Station, University
  • UNIT BUILDING: 2
  • MANAGEMENT: Owner Association
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Lot Info

  • Parcel Number: M:41 L:0007,2137752
  • Zoning: R2
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.07
  • Lot Size Area: 0.07
  • Lot Size Sq Ft: 3049.2
  • Lot Size Units: Acres
  • LOT SIZE: 3202
  • PAGE: 122

Rental Info

  • Pets Allowed: Breed Restrictions

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 3500
  • Tax Book Number: 38419

Multi Family

  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2023
Closed on
Oct 13, 2023
Sold by
Torres Michelle M and Torres Monte E
Bought by
Vaziri Steven F
Seller's Agent
Kevin Mccafferty
RyVal Homes
Buyer's Agent
Emmanuel Paul
Redfin Corp.
List Price
$469,900
Sold Price
$480,000
Premium/Discount to List
$10,100
2.15%
Views
6
Current Estimated Value
$500,866

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,866
Avg. Annual Appreciation
2.01%
Original Mortgage
$180,000
Outstanding Balance
$177,303
Interest Rate
7.18%
Mortgage Type
Commercial
Estimated Equity
$319,909

Purchase Details

Listed on
Jan 6, 2022
Closed on
Feb 28, 2022
Sold by
Centura Bay Llc
Bought by
Torres Michelle M and Torres Monte E
Seller's Agent
Michelle DeVito
Cameron Real Estate Group
Buyer's Agent
Kevin Mccafferty
RyVal Homes
List Price
$439,000
Sold Price
$425,000
Premium/Discount to List
-$14,000
-3.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.80%
Original Mortgage
$340,000
Interest Rate
3.55%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Condominium Deed $480,000 None Available
Condominium Deed $425,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $180,000 Commercial
Previous Owner $340,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2023 10/13/23 Sold $480,000 +2.1% $571 / Sq Ft
08/30/2023 08/30/23 Pending -- -- --
08/23/2023 08/23/23 For Sale $469,900 +10.6% $559 / Sq Ft
02/28/2022 02/28/22 Sold $425,000 -3.2% $506 / Sq Ft
01/20/2022 01/20/22 Pending -- -- --
01/06/2022 01/06/22 For Sale $439,000 -- $523 / 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 $4,926 $434,400 $0 $434,400
2024 $4,625 $398,000 $0 $398,000
2023 $4,998 $399,500 $0 $399,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72931622

MLS Property Information Network (MLS PIN)

APN: SALE M:41 L:0007 S:802