NOT LISTED FOR SALE

41 Harbor St Unit 3 Salem, MA 01970

The Point Neighborhood

Estimated Value: $380,000 - $434,796

3 Beds
1 Bath
1,252 Sq Ft
$351/mo HOA Fee

Last Sold October 12, 2023

Last sale price $370,000 $296 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,906/month

48 Days on Market

Highlights

  • Marina
  • Property is near public transit
  • Balcony
  • Deck
  • Wood Flooring
  • Intercom

About This Home

As of October 2023

Beautiful and spacious 3 Bedroom condo in vibrant Salem! Gleaming hardwood floors throughout and professionally painted last month. Generous sized bedrooms and large updated eat-in kitchen. Front and back decks are great for your outdoor space and entertaining. Laundry in unit and plenty of closets. Large extra storage room in basement is 9x17. This unit is conveniently located just a short distance to the Pickering Wharf, Salem Common, Commuter Rail, Ferry to Boston and thriving Downtown shops and restaurants. Don't miss this opportunity!

Last Agent to Sell the Property

Jimmy Wen

MP Signature Realty LLC Listed on: 07/12/2023

Last Buyer's Agent

Olivia Bouchereau

Today Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,562

Year Built

  • Built in 1920

Lot Details

  • 8,538

HOA Fees

  • $351 Monthly HOA Fees

Home Design

  • Rubber Roof

Interior Spaces

  • 1,252 Sq Ft Home
  • 4-Story Property
  • Ceiling Fan
  • Intercom
  • Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on third floor
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • On-Street Parking
  • Open Parking

Outdoor Features

  • Balcony
  • Deck

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Natural Gas Connected

Listing and Financial Details

  • Assessor Parcel Number M:34 L:0373 S:811,4614371

Community Details

Overview

  • Association fees include water, sewer, insurance, maintenance structure, ground maintenance, snow removal
  • 16 Units
  • Low-Rise Condominium
  • Harbor Edge Condominium Trust Community

Amenities

  • Shops

Recreation

  • Marina

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,562

Year Built

Built in 1920

Lot Details

0

HOA Fees

$351 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Low-Rise
  • Year Built: 1920
  • Buyer Agency: 2
  • Entry Level: 3
  • Transaction Broker: 1
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 4

Interior Features

  • Flooring: Hardwood
  • Entry Location: Unit Placement(Upper)
  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Disposal,Microwave,Refrigerator,Washer,Dryer, Utility Connections for Gas Range
  • Total Bedrooms: 3
  • Room Bedroom2 Level: Third
  • Room Bedroom2 Features: Closet, Flooring - Hardwood
  • Room Bedroom3 Features: Closet, Flooring - Hardwood
  • Room Bedroom3 Level: Third
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Features: Ceiling Fan(s), Closet, Flooring - Hardwood
  • Room Master Bedroom Level: Third
  • Master Bathroom Features: No
  • Bathroom 1 Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile
  • Bathroom 1 Level: Third
  • Room Kitchen Level: Third
  • Room Kitchen Features: Flooring - Hardwood
  • Laundry Features: In Unit
  • Room Living Room Level: Third
  • Room Living Room Features: Ceiling Fan(s), Flooring - Hardwood
  • Basement: Y
  • Accessibility Features: No
  • Living Area: 1252
  • Spa YN: No
  • Stories Total: 4
  • MAIN LO: AN4267
  • LIST PRICE PER Sq Ft: 311.42
  • PRICE PER Sq Ft: 295.53
  • MAIN SO: A95308

Exterior Features

  • Exterior Features: Deck - Wood, Balcony
  • Home Warranty YN: No
  • Patio And Porch Features: Deck - Wood
  • Roof: Rubber
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: On Street

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Cooling: None
  • Heating: Baseboard, Natural Gas
  • Cooling Y N: No
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Security Features: Intercom
  • Water Source: Public
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Association Fee: 351
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Marina, T-Station, University
  • Senior Community YN: No
  • UNIT BUILDING: 3
  • MANAGEMENT: Professional - Off Site
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal

Lot Info

  • Parcel Number: M:34 L:0373 S:811,4614371
  • Zoning: R3
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • PAGE: 586
  • OUTDOOR SPACE AVAILABLE: Yes - Private
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3562
  • Tax Book Number: 36788

Multi Family

  • Number Of Units Total: 16
  • Basement Included Sq Ft: No
  • NO UNITS OWNER OCC: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 15, 2018
Sold by
Borrmann Lawrence L
Bought by
Sparhawk Robert J and Spyropoulos Carol
Current Estimated Value
$400,199

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 4, 2017
Sold by
Buryak Oleg
Bought by
Borrmann Lawrence L
Source: Public Records

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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
Sparhawk Robert J $225,000 --
Borrmann Lawrence L $201,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lebel Ali $320,000
Closed Sparhawk Robert J $180,000
Previous Owner Chan Peter $172,000
Previous Owner Sutton Jamie P $300,000
Previous Owner Sutton Jamie P $177,600
Previous Owner Sutton Jamie P $33,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2023 10/12/23 Sold $370,000 -5.1% $296 / Sq Ft
08/30/2023 08/30/23 Pending -- -- --
08/10/2023 08/10/23 For Sale $389,900 0.0% $311 / Sq Ft
08/06/2023 08/06/23 Pending -- -- --
08/01/2023 08/01/23 Price Changed $389,900 -1.3% $311 / Sq Ft
07/12/2023 07/12/23 For Sale $395,000 +83.7% $315 / Sq Ft
04/23/2017 04/23/17 Sold $215,000 0.0% $172 / Sq Ft
04/17/2017 04/17/17 Pending -- -- --
04/15/2017 04/15/17 For Sale $215,000 0.0% $172 / Sq Ft
04/04/2017 04/04/17 Pending -- -- --
03/31/2017 03/31/17 For Sale $215,000 0.0% $172 / Sq Ft
09/19/2013 09/19/13 Rented $1,700 0.0% --
09/19/2013 09/19/13 For Rent $1,700 0.0% --
08/05/2013 08/05/13 Rented $1,700 0.0% --
08/05/2013 08/05/13 For Rent $1,700 -- --
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 $3,910 $344,800 $0 $344,800
2024 $3,843 $330,700 $0 $330,700
2023 $3,562 $284,700 $0 $284,700
2022 $3,436 $259,300 $0 $259,300
2021 $3,578 $259,300 $0 $259,300
2020 $3,384 $234,200 $0 $234,200
2019 $3,216 $213,000 $0 $213,000
2018 $2,322 $151,000 $0 $151,000
2017 $1,976 $124,600 $0 $124,600
2016 $1,838 $117,300 $0 $117,300
2015 $2,143 $130,600 $0 $130,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73135294

MLS Property Information Network (MLS PIN)

APN: SALE-000034-000000-000373-000811-000811