$480,000
SOLD OCT 13, 2023
2 Beds
2 Baths
840 Sq Ft
$195/mo HOA Fee

Recently Sold

$571 Per Sq Ft

2% Above List Price

6 Days on Market

Highlights

  • Marina
  • Medical Services
  • Property is near public transit
  • Golf Course Community
  • Waterfront
  • 1-minute walk to Swiniuch Park

About This Home

As of October 2023

OPEN HOUSE Saturday 8/26 & Sunday 8/27 11am - 1 pm. Come check out this completely renovated 2 bedroom condo located in the historic downtown waterfront area of Salem. Open floor plan. 2fFull baths including a beautiful master bath. central air. laundry in unit. VERY RARE 2 car assigned off street parking. Tons of natural lighting. Steps to Pickering Wharf, Salem Common and the Commuter Ferry to Boston. New Stainless steel appliances, granite countertops! This is a must see! Perfectly located in downtown close to the Ferry & T for east access in and out of Salem! Everything in this condo is less than a year old so there's nothing to due for YEARS to come besides move in & enjoy all that Salem has to offer!

Last Agent to Sell the Property

Kevin Mccafferty

RyVal Homes Listed on: 08/23/2023

Last Buyer's Agent

Emmanuel Paul

Redfin Corp.

Redfin Corp.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,998

Year Built

  • Built in 1800

Lot Details

  • Waterfront
  • Two or More Common Walls

HOA Fees

  • $195 Monthly HOA Fees

Home Design

  • Frame Construction
  • Shingle Roof
  • Rubber Roof

Interior Spaces

  • 840 Sq Ft Home
  • 3-Story Property
  • Insulated Windows
  • Insulated Doors
  • Basement

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

Eco-Friendly Details

  • Energy-Efficient Thermostat

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Ductless Heating Or Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Connected

Listing and Financial Details

  • Assessor Parcel Number M:41 L:0007 S:802,5195747

Community Details

Overview

  • Association fees include water, insurance, maintenance structure, ground maintenance, snow removal
  • 3 Units
  • Mid-Rise Condominium

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Park
  • Jogging Path

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,998

Year Built

Built in 1800

Lot Details

0

HOA Fees

$195 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Mid-Rise
  • Year Built: 1800
  • Buyer Agency: 2
  • Entry Level: 2
  • Transaction Broker: 1
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Tile, Laminate
  • Door Features: Insulated Doors
  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Microwave,Refrigerator, 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: No
  • Laundry Features: In Unit, Washer Hookup
  • Basement: Y
  • Living Area: 840
  • Spa YN: No
  • Stories Total: 3
  • Window Features: Insulated Windows
  • MAIN LO: NB9147
  • LIST PRICE PER Sq Ft: 559.4
  • PRICE PER Sq Ft: 571.43
  • MAIN SO: NB3534
  • Insulation: Full

Exterior Features

  • Common Walls: 2+ Common Walls
  • Construction Materials: Frame
  • Home Warranty YN: No
  • Roof: Shingle, Rubber
  • Waterfront Features: Beach Front, Ocean, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No
  • Waterview Flag: No

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: Forced Air, Natural Gas
  • 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, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, House of Worship, Marina, Public School, T-Station, University
  • Senior Community YN: No
  • 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 S:802,5195747
  • Zoning: R2
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.07
  • Lot Size Area: 0.07
  • Lot Size Sq Ft: 3202
  • Lot Size Units: Acres
  • Property Attached YN: Yes
  • PAGE: 0
  • ResoLotSizeUnits: Acres

Green Features

  • Green Energy Efficient: Thermostat

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 4998
  • Tax Book Number: 0

Multi Family

  • Number Of Units Total: 3
  • Basement Included Sq Ft: No
  • NO UNITS OWNER OCC: 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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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 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: 73151814

MLS Property Information Network (MLS PIN)

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