NOT LISTED FOR SALE

Estimated Value: $333,000 - $401,000

1 Bed
2 Baths
680 Sq Ft
1870 Built

Last Sold February 28, 2017

Last sale price $165,000 $243 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $2,276/month

11 Days on Market

About This Home

As of February 2017

Chic living in Historic Salem by the Sea…… Unique one bedroom top floor end unit with open floor plan, hardwood floors, 1.5 baths, efficient gas heat. Close to Salem/Boston ferry, train, shops, common, restaurants and world-renowned Peabody Essex Museum. Low condo fee includes laundry, water, sewer, master insurance, exterior maintenance and snow removal! Deeded parking and good size storage space.

Last Agent to Sell the Property

Susan Keenan

RE/MAX 360 License #454000607 Listed on: 01/06/2017

RE/MAX 360

Last Buyer's Agent

Francia Macias

Keller Williams Realty Premier Properties License #456015251

Keller Williams Realty Premier Properties

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,475

Year Built

1870

Lot Details

0

Listing Details

  • Unit Level: 2
  • Unit Placement: Top/Penthouse
  • Property Type: Condominium/Co-Op
  • Other Agent: 2.50
  • Lead Paint: Unknown
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1870

Interior Features

  • Appliances: Range, Refrigerator
  • Has Basement: Yes
  • Primary Bathroom: Yes
  • Number of Rooms: 4
  • Amenities: Public Transportation, Shopping, Tennis Court, Park, Walk/Jog Trails, Laundromat, Bike Path, Conservation Area, House of Worship, Marina, Public School, T-Station, University
  • Electric: Circuit Breakers
  • Flooring: Wood
  • Bathroom #1: First Floor
  • Bathroom #2: Second Floor
  • Kitchen: First Floor, 8X6
  • Living Room: First Floor, 14X10
  • Master Bedroom: Second Floor, 13X12
  • Master Bedroom Description: Flooring - Wood
  • Dining Room: 15X8
  • No Living Levels: 1

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Clapboard, Wood
  • Exterior Unit Features: Garden Area
  • Beach Ownership: Public

Garage/Parking

  • Parking: Off-Street
  • Parking Spaces: 1

Utilities

  • Heating: Hot Water Baseboard, Gas
  • Heat Zones: 1
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range, for Gas Oven
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Condominium Name: Essex Bay
  • Association Fee Includes: Water, Sewer, Master Insurance, Exterior Maintenance
  • Management: Owner Association
  • No Units: 6
  • Unit Building: 3R

Fee Information

  • Fee Interval: Monthly

Lot Info

  • Assessor Parcel Number: M:35 L:0433 S:805
  • Zoning: res

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2017
Closed on
Feb 28, 2017
Sold by
Caswell Suzanne
Bought by
Baker Meredith A
Seller's Agent
Susan Keenan
RE/MAX 360
Buyer's Agent
Francia Macias
Keller Williams Realty Premier Properties
List Price
$159,900
Sold Price
$165,000
Premium/Discount to List
$5,100
3.19%
Current Estimated Value
$378,625

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$213,625
Avg. Annual Appreciation
9.93%
Original Mortgage
$150,000
Outstanding Balance
$124,215
Interest Rate
4.12%
Mortgage Type
New Conventional
Estimated Equity
$254,410

Purchase Details

Closed on
Apr 13, 2007
Sold by
Zielinski Ellen E
Bought by
Flynn Suzanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,140
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 1, 2002
Sold by
Mezza Deanna L
Bought by
Zielinski Ellen E

Purchase Details

Closed on
Jul 31, 1997
Sold by
Patrinos Penny and Frangos Penny
Bought by
Mezza Deanna L

Purchase Details

Closed on
Nov 30, 1987
Sold by
Kelly Maida L
Bought by
Patrinos Penny K
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

Date Buyer Sale Price Title Company
Baker Meredith A $165,000 --
Flynn Suzanne $182,000 --
Zielinski Ellen E $142,000 --
Mezza Deanna L $68,500 --
Patrinos Penny K $93,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baker Meredith A $150,000
Previous Owner Patrinos Penny K $140,140
Previous Owner Patrinos Penny K $36,400
Previous Owner Patrinos Penny K $40,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2017 02/28/17 Sold $165,000 +3.2% $243 / Sq Ft
01/17/2017 01/17/17 Pending -- -- --
01/06/2017 01/06/17 For Sale $159,900 -- $235 / 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 $3,475 $306,400 $0 $306,400
2024 $3,400 $292,600 $0 $292,600
2023 $3,136 $250,700 $0 $250,700
2022 $3,025 $228,300 $0 $228,300
2021 $2,961 $214,600 $0 $214,600
2020 $2,877 $199,100 $0 $199,100
2019 $2,357 $156,100 $0 $156,100
2018 $2,249 $146,200 $0 $146,200
2017 $2,208 $139,200 $0 $139,200
2016 $2,161 $137,900 $0 $137,900
2015 $2,142 $130,500 $0 $130,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72106336

MLS Property Information Network (MLS PIN)

APN: SALE-000035-000000-000433-000805-000805