46 Summit Ave Unit 3 Salem, MA 01970
South Salem Neighborhood
2
Beds
1
Bath
875
Sq Ft
$330/mo
HOA Fee
About This Home
As of March 2021Stunning 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!
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
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
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
Map
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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
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Condominium Deed | $357,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $317,500 | Purchase Money Mortgage | |
| Previous Owner | $255,000 | Stand Alone Refi Refinance Of Original Loan |
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
| 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
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72784247
APN: 33-0420-803
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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.
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