NOT LISTED FOR SALE

42 Cabot St Unit 1 Salem, MA 01970

South Salem Neighborhood

Estimated Value: $322,000 - $387,000

2 Beds
1 Bath
807 Sq Ft
3,920 Sq Ft Lot

Last Sold May 16, 2013

Last sale price $140,000 $173 Per Sq Ft

Est. 160% increase in value since last sale

Current estimated payment $2,230/month

24 Days on Market

About This Home

As of May 2013

Beautifully renovated 1st floor condo in fantastic location. Open concept 2 bedroom unit with gorgeous eat in granite kitchen, gleaming hardwood flooring, renovated bath. This unit also features gas heat, basement storage, off street parking and low condo fee! All this within walking distance to downtown, parks, and public transportation. OWN for less then rent !

Last Agent to Sell the Property

Kimberly Dowling

Vylla Home Listed on: 03/22/2013

Vylla Home

Last Buyer's Agent

Ronnie Northrop

RE/MAX Advantage Real Estate License #454005905

RE/MAX Advantage Real Estate

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,782

Year Built

1917

Lot Details

0

Listing Details

  • Unit Level: 1
  • Unit Placement: Street
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1917

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 5
  • Amenities: Public Transportation, Shopping, Swimming Pool, Tennis Court, Park, Medical Facility, Laundromat, Conservation Area, Marina, University
  • Bedroom 2: First Floor
  • Bathroom #1: First Floor
  • Kitchen: First Floor
  • Laundry Room: Basement
  • Living Room: First Floor
  • Master Bedroom: First Floor
  • Dining Room: First Floor

Exterior Features

  • Exterior: Aluminum
  • Exterior Unit Features: Deck - Wood

Garage/Parking

  • Parking: Off-Street, Tandem
  • Parking Spaces: 3

Condo/Co-op/Association

  • Association Fee Includes: Water, Sewer, Master Insurance
  • Pets Allowed: Yes
  • No Units: 3
  • Unit Building: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 16, 2023
Sold by
Mirra Leonard
Bought by
42 Cabot Street Unit 1 Rt and Mirra
Current Estimated Value
$364,226

Purchase Details

Listed on
Mar 22, 2013
Closed on
May 16, 2013
Sold by
Prop Acquisition Grp L
Bought by
Mirra Leonard
Seller's Agent
Kimberly Dowling
Vylla Home
Buyer's Agent
Ronnie Northrop
RE/MAX Advantage Real Estate
List Price
$150,000
Sold Price
$140,000
Premium/Discount to List
-$10,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.96%

Purchase Details

Listed on
Oct 12, 2012
Closed on
Mar 8, 2013
Sold by
Jp Morgan Chase Bank N
Bought by
Prop Acquisition Grp L
Seller's Agent
Woody Yen
United Realty Group
Buyer's Agent
Kimberly Dowling
Vylla Home
List Price
$93,282
Sold Price
$71,000
Premium/Discount to List
-$22,282
-23.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3464.07%

Purchase Details

Closed on
Jul 23, 2012
Sold by
Nocivelli David and Jp Morgan Chase Bank N
Bought by
Jp Morgan Chase Bank N

Purchase Details

Closed on
Apr 28, 2009
Sold by
Nocivelli
Bought by
Nocivelli David

Purchase Details

Closed on
Jul 11, 2008
Sold by
Nocivelli David
Bought by
D & M Rt

Purchase Details

Closed on
Mar 2, 2007
Sold by
Nocivelli David and Bates Joseph L
Bought by
Nocivelli David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 31, 2006
Sold by
Cabot Street Project L
Bought by
Bates 3Rd Joseph L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
6.83%
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
42 Cabot Street Unit 1 Rt -- --
Mirra Leonard $140,000 --
Prop Acquisition Grp L $71,000 --
Jp Morgan Chase Bank N $81,936 --
Nocivelli David $469,000 --
D & M Rt $429,000 --
Nocivelli David -- --
Bates 3Rd Joseph L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bates 3Rd Joseph L $264,000
Previous Owner Bates 3Rd Joseph L $264,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/16/2013 05/16/13 Sold $140,000 -6.7% $173 / Sq Ft
04/15/2013 04/15/13 Pending -- -- --
04/04/2013 04/04/13 For Sale $150,000 0.0% $186 / Sq Ft
04/01/2013 04/01/13 Pending -- -- --
03/22/2013 03/22/13 For Sale $150,000 +111.3% $186 / Sq Ft
03/08/2013 03/08/13 Sold $71,000 -23.9% $88 / Sq Ft View Prior Sale
02/23/2013 02/23/13 Pending -- -- --
01/14/2013 01/14/13 Price Changed $93,282 0.0% $116 / Sq Ft
01/14/2013 01/14/13 For Sale $93,282 +31.4% $116 / Sq Ft
01/12/2013 01/12/13 Off Market $71,000 -- --
12/13/2012 12/13/12 Price Changed $98,282 -5.0% $122 / Sq Ft
11/13/2012 11/13/12 Price Changed $103,455 -5.0% $128 / Sq Ft
10/12/2012 10/12/12 For Sale $108,900 -- $135 / 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 $3,782 $333,500 $0 $333,500
2024 $3,700 $318,400 $0 $318,400
2023 $3,523 $281,600 $0 $281,600
2022 $3,422 $258,300 $0 $258,300
2021 $3,308 $239,700 $0 $239,700
2020 $3,241 $224,300 $0 $224,300
2019 $3,077 $203,800 $0 $203,800
2018 $2,859 $185,900 $0 $185,900
2017 $2,804 $176,800 $0 $176,800
2016 $2,653 $169,300 $0 $169,300
2015 $2,655 $161,800 $0 $161,800
Source: Public Records

Agents Affiliated with this Home

  • Kimberly Dowling

    Seller's Agent in 2013

    Kimberly Dowling

    Vylla Home

    (978) 853-3738

    27 Total Sales

    Kimberly Dowling
    Section Image

  • W

    Seller's Agent in 2013

    Woody Yen

    United Realty Group

    Section Image

  • R

    Buyer's Agent in 2013

    Ronnie Northrop

    RE/MAX

    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71497781

MLS Property Information Network (MLS PIN)

APN: SALE-000033-000000-000171-000801-000801

Massachusetts Essex County Salem 01970 South Salem

42 Cabot St Unit 1, Salem, MA

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