NOT LISTED FOR SALE

46 Summit Ave Unit 3 Salem, MA 01970

South Salem Neighborhood

Estimated Value: $427,000 - $463,000

2 Beds
1 Bath
875 Sq Ft
$330/mo HOA Fee

Last Sold March 30, 2021

Last sale price $357,500 $409 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $3,166/month

7 Days on Market

About This Home

As of March 2021

Stunning Salem penthouse condo only 2 blocks from the ocean & Forest River Park! Sunny & bright, this 2 BR unit features a massive eat-in kitchen w/granite counters, stainless steel appliances, oak cabinets, slow-close drawers, & new modern pendant lighting. Entertain at the enormous island w/glass mosaic tile top & plenty of under cabinet storage! Both the kitchen & living room are equipped w/cathedral ceilings & skylights, creating tons of natural light. Gleaming hardwood floors in the living room & both bedrooms, & stackable laundry in the unit is a huge plus. Enjoy the private outdoor deck for a morning coffee or for drinks w/family or friends! Converted to condos just recently, (2018), all three units in the building are owner occupied & building is pet friendly. Unit comes with 2 off-street parking spaces, gas heat, & additional storage area in the basement as well. Walkable to historic downtown Salem, ocean, parks, Hocus Pocus House, Salem State University & plenty more!

Last Listed By

Paul Hryb

Maloney Properties, Inc. Listed on: 02/10/2021

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,458

Year Built

  • Built in 1885

Lot Details

  • Year Round Access

HOA Fees

  • $330 per month

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Utilities

  • Hot Water Baseboard Heater
  • Heating System Uses Gas
  • Natural Gas Water Heater
  • Cable TV Available

Additional Features

  • Basement

Community Details

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,458

Year Built

Built in 1885

Lot Details

0

HOA Fees

$330 per month

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: 2/3 Family
  • Year Built Description: Approximate, Renovated Since
  • List Price Per Sq Ft: 388.46
  • Comp Based On: Net Sale Price
  • Year Built: 1885
  • Lead Paint: Unknown
  • Year Round: Yes
  • Unit Building: 3
  • Unit Level: 3
  • Unit Placement: Upper, Top/Penthouse
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1885

Interior Features

  • Flooring: Wood, Tile
  • Interior Amenities: Cable Available
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
  • No Bedrooms: 2
  • Master Bedroom: On Level: Third Floor, Closet, Flooring - Hardwood
  • Bedroom 2: On Level: Third Floor, Closet, Flooring - Hardwood
  • Full Bathrooms: 1
  • Bathroom 1: On Level: Third Floor, Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile
  • No Rooms: 4
  • Kitchen: On Level: Third Floor, Skylight, Flooring - Stone/Ceramic Tile, Balcony / Deck, Countertops - Stone/Granite/Solid, Kitchen Island, Dryer Hookup - Electric, Stainless Steel Appliances, Washer Hookup, Gas Stove, Lighting - Pendant, Lighting - Overhead
  • Laundry Features: In Unit
  • Living Room: On Level: Third Floor, Skylight, Closet, Flooring - Hardwood, Lighting - Overhead
  • Basement: Y
  • No Living Levels: 1
  • Main Lo: BB3875
  • Main So: AN2383
  • Estimated Sq Ft: 875.00

Exterior Features

  • Beachfront Flag: Yes
  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Shingles, Wood
  • Insulation Feature: Full, Fiberglass - Batts
  • Exterior Unit Features: Deck, Screens, Gutters

Garage/Parking

  • Parking Feature: Off-Street, Tandem, Assigned, Paved Driveway
  • Parking Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Heating: Hot Water Baseboard, Gas
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range, Washer Hookup

Condo/Co-op/Association

  • Fee Interval: Monthly
  • Amenities: Public Transportation, Shopping, Swimming Pool, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, House of Worship, Marina, Private School, Public School, T-Station, University
  • HOA Fees: 330.00
  • Association Fee Includes: Water, Sewer, Master Insurance, Exterior Maintenance, Landscaping, Snow Removal, Extra Storage
  • Condo Association: Yes
  • Management: Owner Association

Association/Amenities

  • Condominium Name: 46 Summit Avenue Condominium Trust

Lot Info

  • Assessments: 270500.00
  • Page: 320
  • Zoning: R1

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Taxes: 3908.73
  • Assessor Parcel Number: 5075329
  • Tax Year: 2020

Multi Family

  • No Units: 3
  • No Units Owner Occ: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2021
Closed on
Mar 30, 2021
Sold by
Auster Erin C and Auster Ryan R
Bought by
Cannalonga Alicia M and Power Julia A
Seller's Agent
Paul Hryb
Maloney Properties, Inc.
Buyer's Agent
Ellen Grubert
Compass
List Price
$339,900
Sold Price
$357,500
Premium/Discount to List
$17,600
5.18%
Total Days on Market
7
Current Estimated Value
$440,148

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,648
Avg. Annual Appreciation
5.13%
Original Mortgage
$317,500
Outstanding Balance
$288,600
Interest Rate
2.73%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$151,548

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

Similar Homes in the area

  • 1 Loring Ave Unit 206, Swampscott, MA 01907

    $429,900

    • 2 Beds
    • 2 Baths
    • 1,080 Sq Ft
    • 1 Loring Ave
    • Unit 206
    • Swampscott, MA

    Welcome to this beautifully maintained single-level living, corner unit offering comfort, style, and convenience. This sun-splashed 2-bedroom, 2-bath home features an open concept layout with wood flooring throughout the living and dining areas, and a private balcony perfect for morning coffee or evening relaxation. The updated kitchen boasts a breakfast bar, ample cabinetry, and a brand-new

    Marcie Gingle William Raveis R.E. & Home Services

    Section Image
  • 245 Lafayette St Unit 1F, Salem, MA 01970

    $367,000

    • 1 Bed
    • 1 Bath
    • 668 Sq Ft
    • 245 Lafayette St
    • Unit 1F
    • Salem, MA

    NEW - Bright and Sunny 1st-floor condo offers one large bedroom, a private balcony and off-street parking. This turn-key home features an expansive living & dining room complete with Hardwood fls & NEW recessed lights thru-out plus access to your private southeast facing balcony. Enjoy entertaining and cooking in your Renovate kitchen complete with a NEW SS appliances, Quartz Counters and NEW

    Zoe Karademos Coldwell Banker Realty - Beverly

    Section Image
  • 2A Hazel St Unit 3, Salem, MA 01970

    $429,000

    • 2 Beds
    • 1 Bath
    • 820 Sq Ft
    • 2A Hazel St
    • Unit 3
    • Salem, MA

    A Sun Splashed upper unit--Ideally located two blocks off Lafayette Street in South Salem between downtown and Salem State University. Classy and move-in-ready Top Floor Unit features two generously sized bedrooms, hardwood floors, and a private rear deck. The unit comes with deeded off-street parking. Separate Washer and dryer and a good size storage unit in the basement. It is conveniently

    Arian Simaku Simaku Realty, LLC

    Section Image
  • 5 Gardner St Unit 2, Salem, MA 01970

    $459,000

    • 3 Beds
    • 1 Bath
    • 1,228 Sq Ft
    • 5 Gardner St
    • Unit 2
    • Salem, MA

    Tucked on a quiet one-way street, this sun-splashed Salem condo blends timeless charm with thoughtful updates. Soaring ceilings, gleaming hardwood floors, and classic millwork give the home a warm and welcoming feel. The updated kitchen features gas cooking, ample cabinetry, generous prep space, and a breakfast bar that opens to a roomy dining area—perfect for everyday living or entertaining.

    Henry Pizzo Aluxety

    Section Image
  • 24 Cabot St Unit 1, Salem, MA 01970

    $429,000

    • 2 Beds
    • 1 Bath
    • 823 Sq Ft
    • 24 Cabot St
    • Unit 1
    • Salem, MA

    Welcome to 24 Cabot Street #1 — a beautifully maintained and thoughtfully updated first-floor condo just moments from vibrant downtown Salem and the MBTA Commuter Rail. This spacious 2-bedroom, 1-bath home perfectly blends historic charm with modern conveniences. Soaring ceilings, rich hardwood floors, and original architectural details offer warmth and character in every room, while the updated

    Emily Schwartz Centre Realty Group

    Section Image
  • 42 Broad St Unit 5, Salem, MA 01970

    $479,000

    • 2 Beds
    • 2 Baths
    • 1,020 Sq Ft
    • 42 Broad St
    • Unit 5
    • Salem, MA

    Welcome to your dream home in the heart of the McIntire Historic District! This charming 2-bedroom, 2-bathroom single-level condo blends historic elegance with modern comforts. The updated kitchen is a chef's delight, featuring expansive stone countertops, sleek stainless steel appliances, and convenient access to your private deck through stylish sliding glass doors—perfect for al fresco dining

    David Wise Compass

    Section Image
  • 9 Kosciusko St Unit 3, Salem, MA 01970

    $379,000

    • 1 Bed
    • 1 Bath
    • 500 Sq Ft
    • 9 Kosciusko St
    • Unit 3
    • Salem, MA

    SUPER charming condo featuring ocean views from the skylights, exposed beams, hardwood floors and a pellet stove!! WOW location just off historic Derby Street with downtown Salem, Pickering Wharf and the water shuttle to Boston just minutes away. You'll love the open concept layout with cathedral ceilings, beautifully refinished hardwood floors and lots of natural light. The gorgeous and spacious

    Pam McKee Keller Williams Realty Evolution

    Section Image
  • 7 Curtis St Unit 1, Salem, MA 01970

    $549,900

    • 2 Beds
    • 2.5 Baths
    • 905 Sq Ft
    • 7 Curtis St
    • Unit 1
    • Salem, MA

    This beautifully restored classic mid-19th century home in Salem’s desirable Wharf neighborhood is a must-see. Ideally located just a short distance from Pickering Wharf, the Salem Ferry, and the Commuter Rail – you'll enjoy easy access to all that Salem’s vibrant downtown has to offer. Careful attention was given to preserving the original features of this classic antique. Exposed beams and wood

    Daniel Meegan J. Barrett & Company

    Section Image
  • 11 Church St Unit 506, Salem, MA 01970

    $465,000

    • 2 Beds
    • 2 Baths
    • 969 Sq Ft
    • 11 Church St
    • Unit 506
    • Salem, MA

    Bright, spacious, and move-in ready 2-bed, 2-bath condo in the highly desirable Essex building in downtown Salem! This updated condo features an open-concept layout with French doors leading to Juliet balcony, a modern kitchen with built-in wine bar, custom walk-in mudroom closet, in-unit laundry, custom closet organizers throughout, new carpet in both bedrooms and large windows with charming

    Scott Saulnier Liberty Residential Realty, LLC

    Section Image
See All Homes in Salem

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
Cannalonga Alicia M $357,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cannalonga Alicia M $317,500
Previous Owner Auster Erin C $255,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2021 03/30/21 Sold $357,500 +5.2% $409 / Sq Ft
02/17/2021 02/17/21 Pending -- -- --
02/10/2021 02/10/21 For Sale $339,900 +18.8% $388 / Sq Ft
08/27/2018 08/27/18 Sold $286,000 +4.0% $327 / Sq Ft
07/16/2018 07/16/18 Pending -- -- --
07/09/2018 07/09/18 For Sale $275,000 -- $314 / 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 $4,458 $393,100 $0 $393,100
2024 $4,332 $372,800 $0 $372,800
2023 $4,138 $330,800 $0 $330,800
2022 $4,005 $302,300 $0 $302,300
2021 $3,958 $286,800 $0 $286,800
2020 $3,909 $270,500 $0 $270,500
Source: Public Records

Agents Affiliated with this Home

  • Paul Hryb

    Seller's Agent in 2021

    Paul Hryb

    Maloney Properties, Inc.

    (781) 943-0200

    1 in this area

    112 Total Sales

    Paul Hryb
    Section Image
  • Ellen Grubert

    Buyer's Agent in 2021

    Ellen Grubert

    Compass

    (617) 256-8455

    1 in this area

    304 Total Sales

    Ellen Grubert
    Section Image
  • Jorge Zea

    Seller's Agent in 2018

    Jorge Zea

    Jorge Andres Zea

    (855) 550-0528

    1,473 Total Sales

    Jorge Zea
    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72784247

MLS Property Information Network (MLS PIN)

APN: 33-0420-803

Massachusetts Essex County Salem 01970 South Salem

46 Summit Ave Unit 3, Salem, MA

Homes for Sale in Salem, MA

This home is located at 46 Summit Ave Unit 3, Salem, MA 01970 since 10 February 2021 and is currently estimated at $440,148, approximately $503 per square foot. This property was built in 1885. 46 Summit Ave Unit 3 is a home located in Essex County with nearby schools including Saltonstall School, Horace Mann Laboratory, and Carlton Elementary School.

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