5 Beacon St Unit 1 Salem, MA 01970
Collins Cove NeighborhoodEstimated Value: $499,000 - $504,000
2
Beds
1
Bath
1,071
Sq Ft
$150/mo
HOA Fee
Highlights
- Wood Flooring
- Laundry Facilities
- 1-minute walk to Collins Cove Park
- Forced Air Heating and Cooling System
About This Home
As of December 2020Do Not Miss this Top Value Condo in Salem! Location, Condition and Square Footage! Steps to Collin's Cove!! Minutes walk to the commuter rail AND The Salem Ferry! Close To Salem Commons and the Downtown Lifestyle! Recent Rehab means ALL the systems ARE updated!! Granite Countertops and Stainless Steel Appliances in the Kitchen! Your bath would feature a custom tile shower and a newly installed glass shower door. All that PLUS you will still enjoy 9 ft ceilings, a formal dining room and living room, original moldings and doors as well classic wide pine floors. Much desired exclusive two car driveway, a private deck and your own back yard space. Seller's pride of ownership shows in custom window treatment, custom closet shelving and recent repainting, inside and out! Exterior upgrades make for both easy maintenance and provide enjoyable outside space for entertaining.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,009
Year Built
- Built in 1880
Lot Details
- Year Round Access
HOA Fees
- $150 per month
Flooring
- Wood
- Pine Flooring
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Natural Gas Water Heater
Additional Features
- Basement
Listing and Financial Details
- Assessor Parcel Number M:36 L:0341 S:801
Community Details
Amenities
- Laundry Facilities
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 7, 2020
Closed on
Dec 4, 2020
Sold by
Ames Gary A and Ames Stanis K
Bought by
Brennan Ellen
Seller's Agent
Tom Lee
RE/MAX Andrew Realty Services
Buyer's Agent
Gail Tyrrell
Churchill Properties
List Price
$358,000
Sold Price
$372,500
Premium/Discount to List
$14,500
4.05%
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
$129,712
Avg. Annual Appreciation
7.37%
Original Mortgage
$298,000
Outstanding Balance
$270,753
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$240,741
Purchase Details
Closed on
Aug 29, 2014
Sold by
Ns Holdings Llc
Bought by
Johnson Stanis K and Ames Gary A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,100
Interest Rate
4.14%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 22, 2013
Sold by
Lyness Michael M Est
Bought by
Ns Holdings Llc
Purchase Details
Closed on
Jun 4, 1999
Sold by
Stanton Brain and Carmichael Kathleen
Bought by
Derek Rt
Similar Homes in the area
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Brennan Ellen | $372,500 | None Available | |
| Johnson Stanis K | $230,000 | -- | |
| Ns Holdings Llc | $176,000 | -- | |
| Derek Rt | $120,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Brennan Ellen | $298,000 | |
| Previous Owner | Johnson Stanis K | $223,100 | |
| Previous Owner | Derek Rt | $227,068 | |
| Previous Owner | Derek Rt | $222,000 | |
| Previous Owner | Derek Rt | $220,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/21/2020 12/21/20 | Sold | $372,500 | +4.1% | $348 / Sq Ft |
| 10/14/2020 10/14/20 | Pending | -- | -- | -- |
| 10/07/2020 10/07/20 | For Sale | $358,000 | -- | $334 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $5,009 | $441,700 | $0 | $441,700 |
| 2024 | $5,148 | $443,000 | $0 | $443,000 |
| 2023 | $5,050 | $403,700 | $0 | $403,700 |
| 2022 | $4,759 | $359,200 | $0 | $359,200 |
| 2021 | $4,684 | $339,400 | $0 | $339,400 |
| 2020 | $4,620 | $319,700 | $0 | $319,700 |
| 2019 | $4,557 | $301,800 | $0 | $301,800 |
| 2018 | $4,113 | $267,400 | $0 | $267,400 |
| 2017 | $4,024 | $253,700 | $0 | $253,700 |
| 2016 | $3,701 | $236,200 | $0 | $236,200 |
| 2015 | $2,604 | $158,700 | $0 | $158,700 |
Source: Public Records
Agents Affiliated with this Home
-
Tom Lee
Seller's Agent in 2020
Tom Lee
RE/MAX
(617) 429-9512
1 in this area
33 Total Sales
-
Gail Tyrrell
Buyer's Agent in 2020
Gail Tyrrell
Churchill Properties
(781) 760-0670
1 in this area
28 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72738959
APN: SALE-000036-000000-000341-000801-000801
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.
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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