NOT LISTED FOR SALE

44 Pingree St Unit 5 Salem, MA 01970

The Point Neighborhood

Estimated Value: $257,000 - $323,000

1 Bed
1 Bath
609 Sq Ft
$250/mo HOA Fee

Last Sold June 27, 2022

Last sale price $250,000 $411 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $2,000/month

6 Days on Market

Highlights

  • Medical Services
  • Property is near public transit
  • Walking Distance to Water
  • Waterfront
  • Wood Flooring
  • 3-minute walk to Mary Jane Lee Park

About This Home

As of June 2022

Beautiful brick condo with some updates. Spacious livingroom and kitchen with one bedroom and 1 bathroom. Beautiful hardwood floors, large and tall windows gives off plenty of natural sunlights, high ceilings and brick and decorative wall in the living. 1-car garage and an additional parking in front of garage. Low condo fee and no management expenses. Managed by Trustee on site. Close all of the area's amenities such as the Salem Registry of Deeds, Salem State University and Salem downtown. Walking distance to the beach with beach view. Condo fee includes water, sewer, master insurance and flood insurance.

Last Agent to Sell the Property

Van Son

Mass Broker Services Listed on: 05/20/2022

Last Buyer's Agent

Joseph Scapicchio

Berkshire Hathaway HomeServices Warren Residential

Berkshire Hathaway HomeServices Warren Residential

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,970

Year Built

  • Built in 1910

Lot Details

  • Waterfront

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Workshop in Garage
  • Garage Door Opener
  • Off-Street Parking
  • Deeded Parking
  • Assigned Parking

Home Design

  • Entry on the 3rd floor
  • Brick Exterior Construction
  • Stone

Interior Spaces

  • 609 Sq Ft Home
  • 1-Story Property

Kitchen

  • Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Walking Distance to Water
  • Porch

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number M:34 L:0174 S:805,2135609

Community Details

Overview

  • Association fees include water, sewer, insurance
  • 6 Units
  • Mid-Rise Condominium

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Park

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,970

Year Built

Built in 1910

Lot Details

0

HOA Fees

$250 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Mid-Rise
  • Year Built: 1910
  • Buyer Agency Type: %
  • Dual Variable: Yes
  • Entry Level: 3
  • Sub Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: Yes
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Tile, Hardwood
  • Entry Location: Unit Placement(Upper)
  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Refrigerator,Washer,Dryer, Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Gas Oven
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Laundry Features: Off-Site
  • Living Area: 609
  • Stories Total: 1
  • MAIN LO: AN0195
  • MAIN SO: AN2213

Exterior Features

  • Construction Materials: Brick, Stone
  • Patio And Porch Features: Porch
  • Waterfront Features: Beach Front, Beach Access, Ocean, Walk to, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage YN: No
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Parking Features: Detached, Garage Door Opener, Workshop in Garage, Deeded, Assigned, Off Street
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Gas Oven
  • Cooling: Window Unit(s)
  • Heating: Forced Air, Natural Gas
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 250
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, T-Station, University, Other
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance

Lot Info

  • Parcel Number: M:34 L:0174 S:805,2135609
  • Zoning: Residentia
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Property Attached YN: Yes

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 1970

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2017
Closed on
Feb 14, 2018
Sold by
Cecilio Steven R
Bought by
Shaw Edward
Seller's Agent
Van Son
Mass Broker Services
Buyer's Agent
Van Son
Mass Broker Services
List Price
$115,000
Sold Price
$130,000
Premium/Discount to List
$15,000
13.04%
Current Estimated Value
$291,127

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,127
Avg. Annual Appreciation
11.04%
Original Mortgage
$127,645
Outstanding Balance
$107,445
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$183,682

Purchase Details

Closed on
Jun 27, 2003
Sold by
Sulea Adrian and Sulea Nicole
Bought by
Cecilio Stephen R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,350
Interest Rate
5.53%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 23, 2002
Sold by
Mccormack Brian J
Bought by
Sulea Adrian and Sulea Nicole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,000
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Shaw Edward $130,000 --
Cecilio Stephen R $127,000 --
Guigli Michael S -- --
Sulea Adrian $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shaw Edward $127,645
Previous Owner Sulea Adrian $8,000
Previous Owner Sulea Adrian $6,350
Previous Owner Sulea Adrian $114,000
Previous Owner Sulea Adrian $26,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/27/2022 06/27/22 Sold $250,000 0.0% $411 / Sq Ft
05/27/2022 05/27/22 Pending -- -- --
05/20/2022 05/20/22 For Sale $250,000 +92.3% $411 / Sq Ft
02/14/2018 02/14/18 Sold $130,000 +13.0% $213 / Sq Ft View Prior Sale
12/28/2017 12/28/17 Pending -- -- --
12/12/2017 12/12/17 For Sale $115,000 -- $189 / 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 $2,713 $239,200 $0 $239,200
2024 $2,632 $226,500 $0 $226,500
2023 $2,014 $161,000 $0 $161,000
2022 $1,970 $148,700 $0 $148,700
2021 $1,812 $131,300 $0 $131,300
2020 $1,785 $123,500 $0 $123,500
2019 $1,649 $109,200 $0 $109,200
2018 $1,387 $90,200 $0 $90,200
2017 $1,410 $88,900 $0 $88,900
2016 $1,312 $83,700 $0 $83,700
2015 $1,257 $76,600 $0 $76,600
Source: Public Records

Agents Affiliated with this Home

  • Van Son

    Seller's Agent in 2022

    Van Son

    Mass Broker Services

    (781) 558-3411

    2 in this area

    52 Total Sales

    Van Son
    Section Image
  • Joseph Scapicchio

    Buyer's Agent in 2022

    Joseph Scapicchio

    Berkshire Hathaway HomeServices Warren Residential

    (617) 791-1112

    1 in this area

    33 Total Sales

    Joseph Scapicchio
    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72985846

MLS Property Information Network (MLS PIN)

APN: SALE-000034-000000-000174-000805-000805

Massachusetts Essex County Salem 01970 The Point

44 Pingree St Unit 5, Salem, MA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Property Information Network (MLS PIN) The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

Nearby Homes