NOT LISTED FOR SALE

Estimated Value: $420,000 - $500,000

2 Beds
1 Bath
1,028 Sq Ft
$125/mo HOA Fee

Last Sold January 11, 2019

Last sale price $275,000 $268 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $3,064/month

14 Days on Market

About This Home

As of January 2019

Beautifully renovated condo in North Salem! Steps from Salem Train Station and a quick drive to Route 128. Move-in ready with 2 bedrooms, updated kitchen with granite counter tops, stainless steel appliances, recessed lighting, and hardwood floors throughout. Bathroom was completely renovated a few short months ago and has in-unit washer/dryer that were added at the time of renovation. This unit comes with 2 OFF-STREET deeded parking spots. This top floor unit has a private deck with great views of scenic Salem where you can enjoy your morning cup of coffee or grill dinner for yourself and friends. Each unit has access to basement with plenty of private storage. Enjoy the nicely landscaped yard with a lovely garden area. This building is fully owner occupied with low condo fees! Don't miss out on this great condo that is close to the booming downtown of Salem! All offers due by 5 pm on Monday 12/3.

Last Agent to Sell the Property

Jose Zambrano

RE/MAX 360 Listed on: 11/26/2018

RE/MAX 360

Last Buyer's Agent

Reg Emino

LAER Realty Partners

LAER Realty Partners

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,488

Year Built

  • Built in 1870

Lot Details

  • 9,148

HOA Fees

  • $125 per month

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood Flooring

Laundry

  • Dryer
  • Washer

Utilities

  • Window Unit Cooling System
  • Hot Water Baseboard Heater
  • Heating System Uses Gas

Additional Features

  • Basement

Community Details

  • Call for details about the types of pets allowed

Listing and Financial Details

  • Assessor Parcel Number M:26 L:0287 S:803

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,488

Year Built

Built in 1870

Lot Details

0

HOA Fees

$125 per month

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: 2/3 Family
  • Other Agent: 1.00
  • Year Built Description: Approximate, Renovated Since
  • List Price Per Sq Ft: 271.40
  • Comp Based On: Net Sale Price
  • Year Built: 1870
  • Lead Paint: Unknown
  • Unit Building: 3
  • Unit Level: 3
  • Unit Placement: Top/Penthouse
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1870

Interior Features

  • Flooring: Hardwood
  • 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: First Floor, Bathroom - Full, Bathroom - Tiled With Tub, Flooring - Stone/Ceramic Tile, Remodeled
  • No Rooms: 5
  • Kitchen: On Level: Third Floor, Skylight, Ceiling - Beamed, Flooring - Hardwood, Countertops - Stone/Granite/Solid, Open Floor Plan, Stainless Steel Appliances
  • Laundry: On Level: Third Floor, Dryer Hookup - Electric, Washer Hookup
  • Living Room: On Level: Third Floor, Skylight, Flooring - Hardwood, Open Floor Plan
  • Basement: Y
  • No Living Levels: 1
  • Main Lo: BB3227
  • Main So: AN0278
  • Estimated Sq Ft: 1028.00

Exterior Features

  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Exterior Unit Features: Porch, Deck, Deck - Composite, Garden Area

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers
  • Cooling: Window AC
  • Heating: Hot Water Baseboard, Gas
  • Utility Connections: for Gas Range, for Gas Oven

Condo/Co-op/Association

  • Fee Interval: Monthly
  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Laundromat, Highway Access, House of Worship, Public School, T-Station
  • HOA Fees: 125.00
  • Association Fee Includes: Water, Sewer, Master Insurance, Extra Storage, Reserve Funds
  • Condo Association: Yes

Association/Amenities

  • Condominium Name: 49 Schoool Street Condominium

Lot Info

  • Assessments: 222900.00
  • Acre: 0.21
  • Lot Size: 9152.00
  • Page: 511
  • Parcel Number: M:26 L:0287 S:803
  • Zoning: R2

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Taxes: 3428.00
  • Assessor Parcel Number: 4708380

Multi Family

  • No Units: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 26, 2018
Closed on
Jan 4, 2019
Sold by
Benton Danielle P and Benton Matthew J
Bought by
Burke Eric and Lindgren Holly
Seller's Agent
Jose Zambrano
RE/MAX 360
Buyer's Agent
Reg Emino
LAER Realty Partners
List Price
$279,000
Sold Price
$275,000
Premium/Discount to List
-$4,000
-1.43%
Current Estimated Value
$468,456

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,456
Avg. Annual Appreciation
8.21%
Original Mortgage
$245,000
Interest Rate
4.8%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Burke Eric $275,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burke Eric $245,000
Closed Burke Eric $245,000
Previous Owner Benton Danielle P $188,200
Previous Owner Benton Danielle P $193,030
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/11/2019 01/11/19 Sold $275,000 -1.4% $268 / Sq Ft
12/10/2018 12/10/18 Pending -- -- --
11/26/2018 11/26/18 For Sale $279,000 -- $271 / 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 $4,488 $395,800 $0 $395,800
2024 $4,390 $377,800 $0 $377,800
2023 $4,238 $338,800 $0 $338,800
2022 $4,110 $310,200 $0 $310,200
2021 $3,973 $287,900 $0 $287,900
2020 $3,890 $269,200 $0 $269,200
2019 $3,693 $244,600 $0 $244,600
2018 $3,428 $222,900 $0 $222,900
2017 $3,402 $214,500 $0 $214,500
2016 $3,222 $205,600 $0 $205,600
2015 $3,226 $196,600 $0 $196,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72426826

MLS Property Information Network (MLS PIN)

APN: SALE-000026-000000-000287-000803-000803