NOT LISTED FOR SALE

Estimated Value: $424,000 - $468,000

2 Beds
1 Bath
830 Sq Ft
1,742 Sq Ft Lot

Last Sold May 28, 2020

Last sale price $345,000 $416 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $2,706/month

5 Days on Market

About This Home

As of May 2020

Location! Location! Location! Enjoy Salem Common views from your kitchen window and waterfront shopping & dining just footsteps away - Here, you're in the heart of it all! This spacious 2 bedroom condo is nestled on a one way street featuring an eat-in kitchen, in unit laundry and front door landing that makes a great "mud room" area or additional storage option. Offering 3 car off street parking and an open floor plan, this space makes entertaining fun and effortless! The deck just outside the master bedroom is the perfect spot to start and end your day. The charming details throughout the home bring lots of character and extend an inviting feel. Additional storage space is located in the basement. Fun fact : This unit is currently being used as Airbnb....Come explore living in and/or investing in all that Salem has to offer!

Last Agent to Sell the Property

Erin Lane

Coldwell Banker Realty - Ipswich Listed on: 04/22/2020

Coldwell Banker Realty - Ipswich

Last Buyer's Agent

Herman Davis

Metro North Realty, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,199

Year Built

  • Built in 1850

Lot Details

  • Year Round Access

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet

Utilities

  • Window Unit Cooling System
  • Hot Water Baseboard Heater

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:35 L:0300 S:803

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,199

Year Built

Built in 1850

Lot Details

0

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Garden
  • Other Agent: 1.00
  • Year Built Description: Actual
  • List Price Per Sq Ft: 385.42
  • Comp Based On: Net Sale Price
  • Year Built: 1850
  • Lead Paint: Unknown
  • Year Round: Yes
  • Unit Building: 3
  • Unit Level: 3
  • Unit Placement: Top/Penthouse
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1850

Interior Features

  • Fireplaces: 1
  • Flooring: Wall to Wall Carpet, Hardwood
  • Appliances: Dishwasher, Disposal, Microwave
  • No Bedrooms: 2
  • Master Bedroom: On Level: Third Floor, Closet, Flooring - Wall to Wall Carpet, Balcony / Deck
  • Bedroom 2: On Level: Third Floor, Closet, Flooring - Wall to Wall Carpet
  • Full Bathrooms: 1
  • Bathroom 1: On Level: Third Floor, Bathroom - With Tub & Shower, Flooring - Vinyl
  • No Rooms: 4
  • Kitchen: On Level: Third Floor, Flooring - Wood, Open Floor Plan, Recessed Lighting
  • Laundry: On Level: Third Floor, Bathroom - Full
  • Living Room: On Level: Third Floor, Fireplace, Ceiling - Beamed
  • Basement: Y
  • No Living Levels: 1
  • Main Lo: AN4281
  • Main So: AN5640
  • Estimated Sq Ft: 830.00

Exterior Features

  • Beachfront Flag: Yes
  • Exterior: Shingles, Wood
  • Exterior Unit Features: Covered Patio/Deck

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 3

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Cooling: Window AC
  • Heating: Hot Water Baseboard

Condo/Co-op/Association

  • Fee Interval: Monthly
  • Amenities: Public Transportation, Shopping, Park, Golf Course, House of Worship, Marina, T-Station
  • HOA Fees: 200.00
  • Association Fee Includes: Water, Sewer, Master Insurance, Exterior Maintenance
  • Condo Association: Yes

Association/Amenities

  • Condominium Name: 4 Herbert Street Condominium Association

Lot Info

  • Assessments: 269400.00
  • Acre: 0.04
  • Lot Size: 1812.00
  • Page: 510
  • Parcel Number: M:35 L:0300 S:803
  • Zoning: R2

Tax Info

  • Taxes: 3893.00
  • Assessor Parcel Number: 4421227

Multi Family

  • No Units: 3
  • No Units Owner Occ: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2020
Closed on
May 28, 2020
Sold by
Carlton Michael A
Bought by
Donovan Kevin P
Seller's Agent
Erin Lane
Coldwell Banker Realty - Ipswich
Buyer's Agent
Herman Davis
Metro North Realty, LLC
List Price
$319,900
Sold Price
$345,000
Premium/Discount to List
$25,100
7.85%
Current Estimated Value
$447,322

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,322
Avg. Annual Appreciation
4.82%
Original Mortgage
$276,000
Outstanding Balance
$245,109
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$202,213

Purchase Details

Closed on
Feb 3, 2005
Sold by
Peabody Julieanne L and Carlton Michael A
Bought by
Carlton Michael A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 1, 2003
Sold by
Barrowclough Prop Llc
Bought by
Carlton Michael A and Peabody Julienne L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
5.91%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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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
Donovan Kevin P $345,000 None Available
Carlton Michael A -- --
Carlton Michael A $220,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Donovan Kevin P $276,000
Previous Owner Carlton Michael A $220,000
Previous Owner Carlton Michael A $176,000
Previous Owner Carlton Michael A $44,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/28/2020 05/28/20 Sold $345,000 +7.8% $416 / Sq Ft
04/27/2020 04/27/20 Pending -- -- --
04/22/2020 04/22/20 For Sale $319,900 -- $385 / 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 $4,199 $370,300 $0 $370,300
2024 $4,405 $379,100 $0 $379,100
2023 $4,152 $331,900 $0 $331,900
2022 $4,036 $304,600 $0 $304,600
2021 $3,972 $287,800 $0 $287,800
2020 $3,893 $269,400 $0 $269,400
2019 $3,700 $245,000 $0 $245,000
2018 $3,437 $223,500 $0 $223,500
2017 $3,373 $212,700 $0 $212,700
2016 $3,192 $203,700 $0 $203,700
2015 $3,193 $194,600 $0 $194,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72646407

MLS Property Information Network (MLS PIN)

APN: SALE-000035-000000-000300-000803-000803