$449,000
SOLD MAR 11, 2022
2 Beds
2 Baths
840 Sq Ft
$195/mo HOA Fee

Recently Sold

$535 Per Sq Ft

2% Above List Price

10 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 December 2024

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. NO SHOWINGS UNTIL OPEN HOUSE SUNDAY 1/9 FROM 11AM-1PM. IF YOU CAN'T MAKE OPEN HOUSE PLEASE BOOK SHOWINGS THROUGH SHOWINGTIME SUNDAY AFTER OH AND ALL DAY MONDAY AND TUESDAY. *OFFERS DUE TUESDAY 1/11 BY 5PM.

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

Kathleen Roy

Century 21 North East

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: 3
  • 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: 534.52
  • MAIN SO: AN1822

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: 3
  • 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 Units: Acres
  • 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
Nov 14, 2024
Closed on
Dec 30, 2024
Sold by
Derocco Michael and Derocco Aida
Bought by
Stewart Kiley and Velonis Nicholas
Seller's Agent
Dennis Marks
Keller Williams Realty Evolution
Buyer's Agent
Shari McGuirk
Sagan Harborside Sotheby's International Realty
List Price
$519,900
Sold Price
$510,000
Premium/Discount to List
-$9,900
-1.9%
Views
44
Current Estimated Value
$519,040

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,040
Avg. Annual Appreciation
3.44%
Original Mortgage
$448,800
Outstanding Balance
$447,641
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$71,399

Purchase Details

Closed on
Dec 6, 2022
Sold by
Derocco Ismael and Derocco Michael
Bought by
Derocco Aida and Derocco Michael

Purchase Details

Listed on
Jan 6, 2022
Closed on
Mar 10, 2022
Sold by
Centura Bay Llc
Bought by
Derocco Ismael and Derocco Michael
Seller's Agent
Michelle DeVito
Cameron Real Estate Group
Buyer's Agent
Kathleen Roy
Century 21 North East
List Price
$439,000
Sold Price
$449,000
Premium/Discount to List
$10,000
2.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.45%
Original Mortgage
$404,100
Interest Rate
3.92%
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 $510,000 None Available
Condominium Deed $510,000 None Available
Condominium Deed -- None Available
Condominium Deed -- None Available
Condominium Deed $449,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $448,800 Purchase Money Mortgage
Closed $448,800 Purchase Money Mortgage
Previous Owner $404,100 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2024 12/30/24 Sold $510,000 -1.9% $607 / Sq Ft
11/21/2024 11/21/24 Pending -- -- --
11/14/2024 11/14/24 For Sale $519,900 +15.8% $619 / Sq Ft
03/11/2022 03/11/22 Sold $449,000 +2.3% $535 / Sq Ft
01/17/2022 01/17/22 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 $4,853 $417,600 $0 $417,600
2023 $5,248 $419,500 $0 $419,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72931624

MLS Property Information Network (MLS PIN)

APN: SALE M:41 L:0007 S:803