NOT LISTED FOR SALE

Estimated Value: $311,000 - $404,000

2 Beds
1 Bath
1,094 Sq Ft
$350/mo HOA Fee

Last Sold September 22, 2023

Last sale price $300,000 $274 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,498/month

29 Days on Market

Highlights

  • Medical Services
  • Property is near public transit
  • Main Floor Primary Bedroom
  • No Units Above
  • Wood Flooring
  • 2-minute walk to Broad Street Playground

About This Home

As of September 2023

Sunny, spacious penthouse near Salem's downtown, public transportation, hospital, high school, and commuter routes. Enormous updated kitchen with stainless appliances, granite countertops, walk-in pantry, and plenty of space for both dining and food prep. Hardwood floors throughout, flexible floor plan, huge walk-in closet in main bedroom, and windows galore! So bright and charming! Plus, easy street parking, one off-street parking space, pet friendly, and charming common patio and garden space. Reasonable condo fee includes heat and hot water. Extra storage in assigned storage room in basement.

Last Agent to Sell the Property

Paula Gesmundo

Noble Realty Partners LLC Listed on: 07/11/2023

Last Buyer's Agent

Joshua Frappier

Real Broker MA, LLC

Real Broker MA, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,062

Year Built

  • Built in 1915

Lot Details

  • No Units Above
  • End Unit

HOA Fees

  • $350 Monthly HOA Fees

Home Design

  • Garden Home
  • Entry on the 3rd floor
  • Shingle Roof
  • Stone

Interior Spaces

  • 1,094 Sq Ft Home
  • 3-Story Property
  • Light Fixtures
  • Bay Window
  • Dining Area
  • Basement

Kitchen

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

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 1 Car Parking Space
  • Common or Shared Parking
  • Off-Street Parking

Outdoor Features

  • Walking Distance to Water
  • Patio

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Electric Baseboard Heater
  • Natural Gas Connected
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number M:25 L:0671 S:803,4738471

Community Details

Overview

  • Association fees include heat, insurance, maintenance structure, snow removal
  • 6 Units
  • Residence At 432 436 Essex Street Condo Community

Amenities

  • Medical Services
  • Common Area
  • Shops
  • Community Storage Space

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,062

Year Built

Built in 1915

Lot Details

0

HOA Fees

$350 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Garden
  • Year Built: 1915
  • Entry Level: 3
  • Year Built Details: Unknown/Mixed
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Gross/Full Sale Price
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Tile, Hardwood
  • Interior Amenities: Internet Available - Broadband
  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Disposal,Microwave,Refrigerator,Washer,Dryer, Utility Connections for Gas Range, Utility Connections for Electric Dryer
  • Total Bedrooms: 2
  • Room Bedroom2 Level: Main,Third
  • Room Bedroom2 Features: Flooring - Hardwood, Window(s) - Bay/Bow/Box, Lighting - Overhead
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Main Level Bathrooms: 1
  • Room Master Bedroom Features: Walk-In Closet(s), Window(s) - Bay/Bow/Box, Lighting - Overhead
  • Room Master Bedroom Level: Main,Third
  • Bathroom 1 Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile
  • Bathroom 1 Level: Main,Third
  • Room Family Room Level: Main,Third
  • Room Family Room Features: Flooring - Hardwood, Window(s) - Bay/Bow/Box, High Speed Internet Hookup, Lighting - Overhead
  • Room Kitchen Level: Main,Third
  • Room Kitchen Features: Flooring - Hardwood, Window(s) - Bay/Bow/Box, Dining Area, Pantry, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Cabinets - Upgraded, Stainless Steel Appliances, Gas Stove
  • Laundry Features: Flooring - Hardwood, Main Level, Electric Dryer Hookup, Washer Hookup, Third Floor, In Unit
  • Room Living Room Level: Main,Third
  • Room Living Room Features: Walk-In Closet(s), Flooring - Hardwood, Window(s) - Bay/Bow/Box, Cable Hookup, High Speed Internet Hookup, Lighting - Overhead
  • Basement: Y
  • Living Area: 1094
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: AN5608
  • MAIN SO: AN4866

Exterior Features

  • Exterior Features: Patio
  • Common Walls: No One Above, End Unit
  • Construction Materials: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Patio
  • Roof: Shingle
  • Waterfront Features: Beach Front, Harbor, Ocean, Walk to
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street, Common
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Dryer, Washer Hookup
  • Cooling: Window Unit(s)
  • Heating: Baseboard, Electric Baseboard, Hot Water, Natural Gas
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Hot Water, Storage
  • Association Fee: 350
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Medical Facility, House of Worship, Public School, T-Station, University
  • Senior Community YN: No
  • MANAGEMENT: Professional - Off Site
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Insurance, Maintenance Structure, Snow Removal

Lot Info

  • Parcel Number: M:25 L:0671 S:803,4738471
  • Zoning: B1
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.19
  • Lot Size Sq Ft: 8350
  • Lot Size Units: Acres
  • OUTDOOR SPACE AVAILABLE: Yes - Common
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3062

Multi Family

  • Number Of Units Total: 6
  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2023
Closed on
Sep 22, 2023
Sold by
Bodero Brynn A and Bodero Luis V
Bought by
Potenza Alex A
Seller's Agent
Paula Gesmundo
Noble Realty Partners LLC
Buyer's Agent
Joshua Frappier
Real Broker MA, LLC
List Price
$314,900
Sold Price
$300,000
Premium/Discount to List
-$14,900
-4.73%
Views
386
Current Estimated Value
$358,143

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,143
Avg. Annual Appreciation
8.31%
Original Mortgage
$285,000
Outstanding Balance
$278,955
Interest Rate
6.96%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$79,188

Purchase Details

Closed on
Mar 28, 2013
Sold by
Mysliwy James and Fnma
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Dec 18, 2007
Sold by
Res At 432-436 Rt and Scott
Bought by
Mysliwy James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,300
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Potenza Alex A $300,000 None Available
Federal National Mortgage Association $157,250 --
Mysliwy James $147,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Potenza Alex A $285,000
Previous Owner Mysliwy James $147,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/22/2023 09/22/23 Sold $300,000 -4.7% $274 / Sq Ft
08/27/2023 08/27/23 Off Market $314,900 -- --
08/10/2023 08/10/23 Pending -- -- --
07/26/2023 07/26/23 For Sale $314,900 0.0% $288 / Sq Ft
07/18/2023 07/18/23 Pending -- -- --
07/11/2023 07/11/23 For Sale $314,900 +21.1% $288 / Sq Ft
09/30/2020 09/30/20 Sold $260,000 -2.8% $238 / Sq Ft View Prior Sale
06/23/2020 06/23/20 Pending -- -- --
06/03/2020 06/03/20 For Sale $267,500 +34.4% $245 / Sq Ft
09/21/2018 09/21/18 Sold $199,000 -0.5% $182 / Sq Ft View Prior Sale
08/03/2018 08/03/18 Pending -- -- --
07/24/2018 07/24/18 For Sale $200,000 -- $183 / 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 $3,241 $285,800 $0 $285,800
2024 $3,162 $272,100 $0 $272,100
2023 $3,062 $244,800 $0 $244,800
2022 $2,965 $223,800 $0 $223,800
2021 $2,919 $211,500 $0 $211,500
2020 $2,878 $199,200 $0 $199,200
2019 $2,729 $180,700 $0 $180,700
2018 $2,469 $160,200 $0 $160,200
2017 $2,411 $152,000 $0 $152,000
2016 $2,217 $141,500 $0 $141,500
2015 $2,158 $131,500 $0 $131,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73134390

MLS Property Information Network (MLS PIN)

APN: SALE-000025-000000-000671-000803-000803