NOT LISTED FOR SALE

Estimated Value: $575,000 - $602,000

2 Beds
2.5 Baths
1,339 Sq Ft
$440/Sq Ft Est. Value

Last Sold July 14, 2022

Last sale price $525,000 $392 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,625/month

3 Days on Market

Highlights

  • Marina
  • Open Floorplan
  • Wood Flooring
  • 0.39 Acre Lot
  • Property is near public transit
  • Solid Surface Countertops

About This Home

As of July 2022

Move right into a 3-story townhouse and live less than a quarter mile to all Salem has to offer. This home lives like a single family with the conveniences of condo amenities. The 2-bedroom unit is a rare find as it is composed of 2.5 baths and hardwood floors flow throughout! It offers tons of space including a first-floor den that can be used as a home office or family room. Take the stairs to the second floor and find an open concept floor plan comprised of a kitchen with stainless steel appliances and a sunlit dining and living room. Keep going up to find two spacious bedrooms including an owner ensuite, full size laundry, and 2 of the recently updated bathrooms. The pet-friendly association is located just over the bridge from the dog park. And is conveniently located to the commuter rail and downtown Salem. Become a resident at the Salem Maritime Townhomes, a self-managed association, and come home to your own attached garage!

Last Agent to Sell the Property

Katharine Heffernan

Today Real Estate, Inc. Listed on: 05/19/2022

Last Buyer's Agent

Kaitlin Martel

Martel Real Estate

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,757

Year Built

  • Built in 2005

Lot Details

  • 0.39

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Open Parking
  • Off-Street Parking

Home Design

  • Entry on the 1st floor
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,339 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Recessed Lighting
  • Dining Area
  • Den
  • Home Security System

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Stainless Steel Appliances
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on third floor
  • Walk-In Closet
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Outdoor Features

  • Patio

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Electric Water Heater
  • High Speed Internet
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number M:26 L:0070 S:805,4656082

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include insurance, maintenance structure, ground maintenance, snow removal, reserve funds
  • 12 Units

Amenities

  • Common Area
  • Shops

Recreation

  • Marina
  • Tennis Courts
  • Park
  • Jogging Path

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,757

Year Built

Built in 2005

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Townhouse
  • Year Built: 2005
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Entry Level: 1
  • Transaction Broker: 2
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Tile, Hardwood, Flooring - Hardwood
  • Interior Amenities: Walk-In Closet(s), High Speed Internet Hookup, Den, Internet Available - Unknown
  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Disposal,Microwave,Refrigerator,Freezer,Washer,Dryer, Electric Water Heater, Utility Connections for Gas Range, Utility Connections for Gas Oven, Utility Connections for Electric Dryer
  • Total Bedrooms: 2
  • Room Bedroom2 Level: Third
  • Room Bedroom2 Features: Closet, Flooring - Hardwood, Recessed Lighting
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bathrooms: 2.5
  • Room Master Bedroom Features: Bathroom - 3/4, Closet, Flooring - Hardwood, Recessed Lighting
  • Room Master Bedroom Level: Third
  • Bathroom 1 Features: Bathroom - Half, Flooring - Laminate
  • Bathroom 1 Level: Second
  • Bathroom 2 Level: Third
  • Bathroom 2 Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile
  • Bathroom 3 Features: Bathroom - 3/4, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Recessed Lighting
  • Bathroom 3 Level: Third
  • Room Dining Room Features: Flooring - Hardwood, Open Floorplan
  • Room Dining Room Level: Second
  • Room Kitchen Level: Second
  • Room Kitchen Features: Flooring - Hardwood, Dining Area, Countertops - Stone/Granite/Solid, Recessed Lighting, Stainless Steel Appliances
  • Laundry Features: Third Floor, In Unit, Washer Hookup
  • Room Living Room Level: Second
  • Room Living Room Features: Ceiling Fan(s), Flooring - Hardwood, Cable Hookup, Recessed Lighting
  • Living Area: 1339
  • Stories Total: 3
  • MAIN LO: A95308
  • LIST PRICE PER Sq Ft: 392.08
  • PRICE PER Sq Ft: 392.08
  • MAIN SO: C63200

Exterior Features

  • Construction Materials: Frame
  • Patio And Porch Features: Patio
  • Roof: Shingle
  • Waterfront Features: Beach Front, Harbor, 1/2 to 1 Mile To Beach
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage YN: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Attached, Garage Door Opener, Off Street, Paved
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Gas Oven, for Electric Dryer, Washer Hookup
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Security Features: Security System
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 325.04
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Marina, Public School, T-Station
  • UNIT BUILDING: 4
  • MANAGEMENT: Owner Association

Fee Information

  • Association Fee Includes: Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Reserve Funds

Lot Info

  • Parcel Number: M:26 L:0070 S:805,4656082
  • Zoning: I
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.39
  • Lot Size Area: 0.39
  • Lot Size Sq Ft: 17193
  • Lot Size Units: Acres
  • PAGE: 337
  • OUTDOOR SPACE AVAILABLE: Yes - Common

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 5757
  • Tax Book Number: 36824

Multi Family

  • Number Of Units Total: 12
  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2018
Closed on
Jun 28, 2018
Sold by
Hall Sharon
Bought by
Hunt Phillip
Seller's Agent
Zoe Karademos
Coldwell Banker Realty - Marblehead
Buyer's Agent
Shani McKay
Boston Property Group INC
List Price
$369,000
Sold Price
$405,000
Premium/Discount to List
$36,000
9.76%
Current Estimated Value
$589,539

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$184,539
Avg. Annual Appreciation
5.29%
Original Mortgage
$384,200
Outstanding Balance
$333,703
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$255,836

Purchase Details

Listed on
Mar 27, 2014
Closed on
May 30, 2014
Sold by
Jarvis Ryan E and Jarvis Sarah C
Bought by
Hall Sharon
Seller's Agent
Ted Richard
J. Barrett & Company
Buyer's Agent
Elvera Fanfa
Coldwell Banker Realty - Belmont
List Price
$339,900
Sold Price
$339,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.39%
Original Mortgage
$254,925
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 30, 2006
Sold by
N River Redevelopment
Bought by
Jarvis Ryan E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$301,500
Interest Rate
6.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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Average Value
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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
Hunt Phillip $405,000 --
Hall Sharon $339,900 --
Jarvis Ryan E $335,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hunt Phillip $384,200
Previous Owner Hall Sharon $254,925
Previous Owner Jarvis Ryan E $301,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/14/2022 07/14/22 Sold $525,000 0.0% $392 / Sq Ft
05/23/2022 05/23/22 Pending -- -- --
05/19/2022 05/19/22 For Sale $525,000 +29.6% $392 / Sq Ft
06/28/2018 06/28/18 Sold $405,000 +9.8% $302 / Sq Ft View Prior Sale
05/09/2018 05/09/18 Pending -- -- --
05/03/2018 05/03/18 For Sale $369,000 +8.6% $276 / Sq Ft
05/30/2014 05/30/14 Sold $339,900 0.0% $254 / Sq Ft View Prior Sale
04/12/2014 04/12/14 Pending -- -- --
04/04/2014 04/04/14 Off Market $339,900 -- --
03/27/2014 03/27/14 For Sale $339,900 -- $254 / 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 $5,846 $515,500 $0 $515,500
2024 $5,898 $507,600 $0 $507,600
2023 $6,112 $488,600 $0 $488,600
2022 $5,757 $434,500 $0 $434,500
2021 $5,433 $393,700 $0 $393,700
2020 $5,313 $367,700 $0 $367,700
2019 $5,247 $347,500 $0 $347,500
2018 $5,174 $336,400 $0 $336,400
2017 $5,208 $328,400 $0 $328,400
2016 $5,013 $319,900 $0 $319,900
2015 $4,826 $294,100 $0 $294,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72984702

MLS Property Information Network (MLS PIN)

APN: SALE-000026-000000-000070-000805-000805