NOT LISTED FOR SALE

4 Summit Ave Unit 1R Salem, MA 01970

South Salem Neighborhood

Estimated Value: $332,000 - $384,000

1 Bed
1 Bath
795 Sq Ft
6,098 Sq Ft Lot

Last Sold September 12, 2018

Last sale price $230,000 $289 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $2,299/month

7 Days on Market

About This Home

As of September 2018

LOCATION! LOCATION! LOCATON! This bright spacious 1 BR condo with PARKING is just .2 miles from the harbor, .4 from Forest River Park, .6 from SSU and .7 from dynamic downtown culture. Generous, updated EAT-IN KITCHEN with large custom made island for additional storage. Bright LIVING ROOM features custom built-in bay window seating. Updated bright and clean FULL BATH. High ceilings, hardwood floor and designer colors throughout. Crave a bit of easy maintenance outdoor space? Easy access to a PORCH; perfect for morning coffee or al fresco summer dining. Extra STORAGE and LAUNDRY in the basement. This well-established, tree lined street is near major shopping routes, hospital, schools and more. Won't last! OPEN HOUSE Sunday June 3, 11AM-12:30PM

Last Listed By

Sara Maurno

Coldwell Banker Realty - Beverly Listed on: 05/31/2018

Coldwell Banker Realty - Beverly

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,543

Year Built

  • Built in 1900

Lot Details

  • 6,098

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Laundry

  • Dryer
  • Washer

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas
  • Natural Gas Water Heater

Additional Features

  • Basement

Community Details

  • Call for details about the types of pets allowed

Listing and Financial Details

  • Assessor Parcel Number M:33 L:0458 S:802

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,543

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Attached
  • Year Built Description: Renovated Since, Unknown/Mixed
  • List Price Per Sq Ft: 250.31
  • Comp Based On: Net Sale Price
  • Year Built: 1900
  • Lead Paint: Unknown
  • Unit Building: 1R
  • Unit Level: 1
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1900

Interior Features

  • Flooring: Tile, Wall to Wall Carpet, Hardwood
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
  • No Bedrooms: 1
  • Master Bedroom: On Level: First Floor, Flooring - Hardwood, Main Level
  • Full Bathrooms: 1
  • Bathroom 1: On Level: First Floor, Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile, Main Level
  • No Rooms: 3
  • Kitchen: On Level: First Floor, Flooring - Stone/Ceramic Tile, Countertops - Upgraded, Main Level, Kitchen Island, Cabinets - Upgraded, Deck - Exterior, Exterior Access, Gas Stove
  • Laundry: On Level: Basement
  • Living Room: On Level: First Floor, Flooring - Hardwood, Window(s) - Bay/Bow/Box, Main Level
  • Basement: Y
  • No Living Levels: 1
  • Main Lo: K95001
  • Main So: K95001
  • Estimated Sq Ft: 795.00

Exterior Features

  • Beachfront Flag: Yes
  • Beach Miles To: 1/10 to 3/10
  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Wood
  • Exterior Unit Features: Porch

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Cooling: Window AC
  • Heating: Forced Air, Gas
  • Heat Zones: 1
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Swimming Pool, Park, Walk/Jog Trails, Medical Facility, Bike Path, House of Worship, Marina, Public School, T-Station, University
  • HOA Fees: 171.00
  • Association Fee Includes: Water, Sewer, Master Insurance, Exterior Maintenance, Landscaping, Snow Removal, Refuse Removal
  • Condo Association: Yes
  • Management: Owner Association

Lot Info

  • Assessments: 159800.00
  • Acre: 0.14
  • Lot Size: 6000.00
  • Page: 110
  • Parcel Number: M:33 L:0458 S:802
  • Zoning: R2

Green Features

  • Energy Features: Insulated Windows

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Taxes: 2458.00
  • Assessor Parcel Number: 2135056

Multi Family

  • No Units: 4
  • No Units Owner Occ: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2018
Closed on
Sep 12, 2018
Sold by
Pearson Sandra M
Bought by
Francis Michael R
Seller's Agent
Sara Maurno
Coldwell Banker Realty - Beverly
Buyer's Agent
Sara Maurno
Coldwell Banker Realty - Beverly
List Price
$199,000
Sold Price
$230,000
Premium/Discount to List
$31,000
15.58%
Total Days on Market
7
Current Estimated Value
$359,686

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,686
Avg. Annual Appreciation
6.55%
Original Mortgage
$120,000
Outstanding Balance
$78,519
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$273,401

Purchase Details

Closed on
Jan 26, 2004
Sold by
Collett James B
Bought by
Pearson Sandra Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,650
Interest Rate
5.89%
Mortgage Type
Purchase Money Mortgage

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 Buyer Sale Price Title Company
Francis Michael R $230,000 --
Pearson Sandra Marie $169,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Francis Michael R $120,000
Previous Owner Pearson Sandra Marie $33,300
Previous Owner Pearson Sandra Marie $168,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2018 09/12/18 Sold $230,000 +15.6% $289 / Sq Ft
06/06/2018 06/06/18 Pending -- -- --
05/30/2018 05/30/18 For Sale $199,000 -- $250 / 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 $3,543 $312,400 $0 $312,400
2024 $3,422 $294,500 $0 $294,500
2023 $3,338 $266,800 $0 $266,800
2022 $3,238 $244,400 $0 $244,400
2021 $3,066 $222,200 $0 $222,200
2020 $2,993 $207,100 $0 $207,100
2019 $2,627 $174,000 $0 $174,000
2018 $2,458 $159,800 $0 $159,800
2017 $2,409 $151,900 $0 $151,900
2016 $2,338 $149,200 $0 $149,200
2015 $2,363 $144,000 $0 $144,000
Source: Public Records

Agents Affiliated with this Home

  • Sara Maurno

    Seller's Agent in 2018

    Sara Maurno

    Coldwell Banker Realty - Beverly

    (978) 471-9937

    3 in this area

    21 Total Sales

    Sara Maurno
    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72336593

MLS Property Information Network (MLS PIN)

APN: SALE-000033-000000-000458-000802-000802

Massachusetts Essex County Salem 01970 South Salem

4 Summit Ave Unit 1R, Salem, MA

Homes for Sale in Salem, MA

This home is located at 4 Summit Ave Unit 1R, Salem, MA 01970 since 31 May 2018 and is currently estimated at $359,686, approximately $452 per square foot. This property was built in 1900. 4 Summit Ave Unit 1R is a home located in Essex County with nearby schools including Saltonstall School, Carlton Elementary School, and Bates Elementary School.

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