NOT LISTED FOR SALE

4 Spruance Way Unit D Salem, MA 01970

South Salem Neighborhood

Estimated Value: $450,000 - $536,000

2 Beds
2 Baths
1,586 Sq Ft
1980 Built

Last Sold August 04, 2017

Last sale price $270,000 $170 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $3,001/month

7 Days on Market

About This Home

As of August 2017

Sought after end unit at Pickman Park!! Wood burning fireplace in the living room. In unit laundry with half bath on the lower level. Extra rooms for an office, bedroom or family room. Condo fees includes use of Complex's swimming pool and tennis courts.2 car parking. Near Salem State University, public transportation, historic downtown Salem, fine restaurants and much much more!! Pets allowed, see list of dogs that are prohibited. First showings at open house Sunday June 4th 1:30 to 3:00.

Last Agent to Sell the Property

Mindy Reichman

Coldwell Banker Realty - Marblehead Listed on: 05/30/2017

Coldwell Banker Realty - Marblehead

Last Buyer's Agent

Tram Le

Premier Global Properties LLC

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,586

Year Built

1980

Lot Details

0

Listing Details

  • Unit Level: 1
  • Unit Placement: End
  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Garden
  • Other Agent: 2.00
  • Year Built Description: Actual
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1980

Interior Features

  • Has Basement: Yes
  • Fireplaces: 1
  • Number of Rooms: 5
  • Amenities: Public Transportation, Shopping
  • Electric: Circuit Breakers
  • Flooring: Wall to Wall Carpet
  • Interior Amenities: Cable Available
  • Bedroom 2: First Floor
  • Bathroom #1: First Floor
  • Bathroom #2: Basement
  • Kitchen: First Floor
  • Laundry Room: Basement
  • Living Room: First Floor
  • Master Bedroom: First Floor
  • Master Bedroom Description: Flooring - Wall to Wall Carpet
  • No Bedrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • No Living Levels: 2
  • Main Lo: C86500
  • Main So: BB5314

Exterior Features

  • Construction: Frame
  • Exterior: Shingles, Wood
  • Exterior Unit Features: Deck
  • Pool Description: Inground

Garage/Parking

  • Parking: Off-Street
  • Parking Spaces: 2

Utilities

  • Heat Zones: 1
  • Hot Water: Electric
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Association Fee Includes: Water, Sewer, Master Insurance, Exterior Maintenance, Road Maintenance, Landscaping, Snow Removal, Refuse Removal
  • Association Pool: Yes
  • Management: Professional - Off Site
  • Pets Allowed: Yes w/ Restrictions
  • No Units: 268
  • Optional Fee Includes: Swimming Pool, Tennis Court
  • Unit Building: D

Lot Info

  • Zoning: Condo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2017
Closed on
Aug 4, 2017
Sold by
Danjou Robert R
Bought by
Aref Deya and Hassan Ghofran
Seller's Agent
Mindy Reichman
Coldwell Banker Realty - Marblehead
Buyer's Agent
Tram Le
Premier Global Properties LLC
List Price
$279,900
Sold Price
$270,000
Premium/Discount to List
-$9,900
-3.54%
Current Estimated Value
$493,964

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$223,964
Avg. Annual Appreciation
7.32%
Original Mortgage
$261,900
Outstanding Balance
$218,181
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$261,929

Purchase Details

Closed on
May 30, 2006
Sold by
Andrews James R and Greene Rebecca
Bought by
Danjou Robert R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,744
Interest Rate
6.53%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 1, 1993
Sold by
Fnma
Bought by
Borneman Mark J and Borneman Ellen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,577
Interest Rate
8.03%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Aref Deya $270,000 --
Danjou Robert R $289,680 --
Borneman Mark J $97,450 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aref Deya $261,900
Previous Owner Borneman Mark J $239,878
Previous Owner Borneman Mark J $17,000
Previous Owner Borneman Mark J $231,744
Previous Owner Borneman Mark J $92,577
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2017 08/04/17 Sold $270,000 -3.5% $170 / Sq Ft
06/06/2017 06/06/17 Pending -- -- --
05/30/2017 05/30/17 For Sale $279,900 -- $176 / 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 $4,586 $404,400 $0 $404,400
2024 $4,406 $379,200 $0 $379,200
2023 $4,147 $331,500 $0 $331,500
2022 $4,020 $303,400 $0 $303,400
2021 $3,806 $275,800 $0 $275,800
2020 $3,930 $272,000 $0 $272,000
2019 $3,822 $253,100 $0 $253,100
2018 $3,493 $235,400 $0 $235,400
2017 $3,457 $218,000 $0 $218,000
2016 $3,391 $216,400 $0 $216,400
2015 $3,343 $203,700 $0 $203,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72172336

MLS Property Information Network (MLS PIN)

APN: SALE-000022-000000-000001-000884-000884