NOT LISTED FOR SALE

4 Summit Ave Unit 1L Salem, MA 01970

South Salem Neighborhood

Estimated Value: $348,658 - $380,000

1 Bed
1 Bath
790 Sq Ft
6,011 Sq Ft Lot

Sale Details

Date Sold: March 24, 2015

Last sale price $160,000 $203 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $2,231 / mo

29 Days on Market

About This Home

As of March 2015

Seller is ready to go and has established a $6,000. price reduction with a new listing price of $169,000. Great value for this turn key property. Want a low maintenance alternative to renting, or thinking of downsizing? Come tour this first floor property located in close proximity to all things Salem. This well maintained condo offers ample off street parking, great room sizes, front and back porches & low condo fee. Low interest rates and new market pricing make this a must see.

Last Agent to Sell the Property

Hope Watt-Bucci

Coldwell Banker Realty - Manchester Listed on: 01/26/2015

Coldwell Banker Realty - Manchester

Last Buyer's Agent

Eric Towne

Eric Towne

Property Details

Home Type

Condominium

Year Built

1900

Lot Details

6,011 Sq Ft Lot

Listing Details

  • Unit Level: 1
  • Unit Placement: Street, Front
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1
  • Year Built: 1900

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 4
  • Amenities: Public Transportation, Shopping, Swimming Pool, Park, Medical Facility, Laundromat, Public School, University
  • Energy: Storm Doors
  • Flooring: Wood, Tile
  • Bathroom #1: First Floor, 5X6
  • Kitchen: First Floor, 12X13
  • Laundry Room: Basement
  • Living Room: First Floor, 13X14
  • Master Bedroom: First Floor, 13X13
  • Master Bedroom Description: Closet, Flooring - Hardwood

Exterior Features

  • Construction: Frame
  • Exterior: Clapboard
  • Exterior Unit Features: Deck - Wood, Covered Patio/Deck, Storage Shed, Gutters

Garage/Parking

  • Parking: Off-Street, Assigned, Paved Driveway
  • Parking Spaces: 1

Utilities

  • Heat Zones: 1
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range, for Gas Oven, for Electric Dryer

Condo/Co-op/Association

  • Condominium Name: Summit Avenue Condominium
  • Association Fee Includes: Water, Sewer, Master Insurance, Exterior Maintenance, Landscaping
  • Association Pool: No
  • Management: Owner Association
  • Pets Allowed: Yes w/ Restrictions
  • No Units: 4
  • Unit Building: 1L

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2015
Closed on
Mar 24, 2015
Sold by
Bought by
Seller's Agent
Hope Watt-Bucci
Coldwell Banker Realty - Manchester
Buyer's Agent
Eric Towne
Eric Towne
List Price
$175,000
Sold Price
$160,000
Premium/Discount to List
-$15,000
-8.57%
Current Estimated Value
$360,021

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$200,021
Avg. Annual Appreciation
7.50%

Purchase Details

Listed on
Oct 11, 2011
Closed on
Nov 19, 2012
Sold by
Bought by
Seller's Agent
Eva Melanson
Century 21 North East
Buyer's Agent
Eva Melanson
Century 21 North East
List Price
$159,000
Sold Price
$144,000
Premium/Discount to List
-$15,000
-9.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.61%
Original Mortgage
$28,800
Interest Rate
0.0339%

Purchase Details

Closed on
Jan 26, 2004
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$160,000 --
$144,000 --
$169,900 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $28,800
Closed $110,880
Closed $156,000
Closed $157,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/24/2015 03/24/15 Sold $160,000 -5.3% $203 / Sq Ft
02/24/2015 02/24/15 Pending -- -- --
02/21/2015 02/21/15 Price Changed $169,000 -3.4% $214 / Sq Ft
01/26/2015 01/26/15 For Sale $175,000 +21.5% $222 / Sq Ft
11/19/2012 11/19/12 Sold $144,000 -0.7% $182 / Sq Ft View Prior Sale
10/15/2012 10/15/12 Price Changed $145,000 +11.6% $184 / Sq Ft
10/15/2012 10/15/12 Pending -- -- --
09/10/2012 09/10/12 Price Changed $129,900 -10.4% $164 / Sq Ft
06/30/2012 06/30/12 Price Changed $145,000 -3.3% $184 / Sq Ft
03/13/2012 03/13/12 Price Changed $149,900 -2.7% $190 / Sq Ft
11/15/2011 11/15/11 Price Changed $154,000 -3.1% $195 / Sq Ft
10/01/2011 10/01/11 For Sale $159,000 -- $201 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,427 $302,200 $0 $302,200
2024 $3,315 $285,300 $0 $285,300
2023 $3,274 $261,700 $0 $261,700
2022 $3,173 $239,500 $0 $239,500
2021 $3,006 $217,800 $0 $217,800
2020 $2,933 $203,000 $0 $203,000
2019 $2,612 $173,000 $0 $173,000
2018 $2,444 $158,900 $0 $158,900
2017 $2,395 $151,000 $0 $151,000
2016 $2,325 $148,400 $0 $148,400
2015 $2,350 $143,200 $0 $143,200
Source: Public Records

Agents Affiliated with this Home

  • Hope Watt-Bucci

    Seller's Agent in 2015

    Hope Watt-Bucci

    Coldwell Banker Realty - Manchester

    (978) 808-5451

    1 in this area

    52 Total Sales

    Hope Watt-Bucci
    Section Image

  • E

    Buyer's Agent in 2015

    Eric Towne

    Eric Towne

    (978) 979-9100

    1 in this area

    15 Total Sales

    Eric Towne
    Section Image
  • Eva Melanson

    Seller's Agent in 2012

    Eva Melanson

    Century 21 North East

    (978) 375-4199

    1 in this area

    23 Total Sales

    Eva Melanson
    Section Image
  • Nicole Reid

    Seller Co-Listing Agent in 2012

    Nicole Reid

    Aluxety

    (978) 239-8925

    39 Total Sales

    Nicole Reid
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71787615

MLS Property Information Network (MLS PIN)

APN: SALE-000033-000000-000458-000801-000801

Massachusetts Essex County Salem 01970 South Salem

4 Summit Ave Unit 1L, Salem, MA

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MLS Property Information Network (MLS PIN) The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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