NOT LISTED FOR SALE

Estimated Value: $500,000 - $523,000

2 Beds
1 Bath
1,115 Sq Ft
$150/mo HOA Fee

Last Sold May 31, 2022

Last sale price $500,000 $448 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,295/month

7 Days on Market

Highlights

  • Waterfront
  • Deck
  • Cathedral Ceiling
  • Open Floorplan
  • Property is near public transit
  • 1-minute walk to Collins Cove Park

About This Home

As of May 2022

Presenting 5 Beacon Street, Unit 2! This 1100 square foot condo has it all: style, space, location as well as beautifully modern updates. The entire condo was gut renovated in 2014, nothing to do but move in and enjoy! Featuring: cathedral ceilings, gorgeous hardwood floors, open floor plan living/dining, modern kitchen & bathroom. Two lovely bedrooms with excellent closet space, plus a bonus room and loft area allow for flexible living. Enjoy a drink & ocean breezes on the exclusive deck. Spend time gardening or grilling in the spacious fenced in backyard- terrific for entertaining! At the end of the street, you will find Collins Cove Park, beach & pickle ball courts! Perfectly situated within walking distance to the commuter rail, beaches, downtown and all historic Salem has to offer! Start your day with a treat from Coffee Time, or grab a delicious lunch from Chez Casa! Additional features include: in unit laundry, pet friendly, 2 car parking & tons of storage. This one has it all!

Last Agent to Sell the Property

Andrea Bennett

William Raveis R.E. & Home Services Listed on: 04/19/2022

William Raveis R.E. & Home Services

Last Buyer's Agent

Kevin Mccafferty

RyVal Homes

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,751

Year Built

  • Built in 1880

Lot Details

  • Waterfront
  • Security Fence

HOA Fees

  • $150 Monthly HOA Fees

Home Design

  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,115 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Chair Railings
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Decorative Lighting
  • Fireplace
  • Insulated Windows
  • Home Office

Kitchen

  • Stove
  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • Dual Closets
  • Walk-In Closet
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Parking

  • 2 Car Parking Spaces
  • Tandem Parking
  • Off-Street Parking

Outdoor Features

  • Deck

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Forced Air Heating and Cooling System
  • 1 Cooling Zone
  • 1 Heating Zone
  • Heating System Uses Natural Gas
  • 100 Amp Service
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number M:36 L:0341 S:802,2137475

Community Details

Overview

  • Association fees include water, sewer, insurance, reserve funds
  • 2 Units

Amenities

  • Common Area
  • Shops

Recreation

  • Tennis Courts
  • Park
  • Jogging Path
  • Bike Trail

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,751

Year Built

Built in 1880

Lot Details

0

HOA Fees

$150 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: 2/3 Family
  • Year Built: 1880
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Entry Level: 2
  • Transaction Broker: 1
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Wood, Tile, Flooring - Hardwood
  • Interior Amenities: Office
  • Entry Location: Unit Placement(Upper)
  • Fireplace YN: Yes
  • Appliances: Range,Dishwasher,Disposal,Microwave,Refrigerator,Washer,Dryer, Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Dryer
  • Total Bedrooms: 2
  • Room Bedroom2 Level: Second
  • Room Bedroom2 Features: Ceiling Fan(s), Walk-In Closet(s), Flooring - Hardwood
  • Room Bedroom2 Area: 104
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Features: Flooring - Hardwood, Lighting - Pendant, Closet - Double
  • Room Master Bedroom Level: Second
  • Room Master Bedroom Area: 196
  • Master Bathroom Features: No
  • Bathroom 1 Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower, Countertops - Stone/Granite/Solid, Dryer Hookup - Electric, Washer Hookup
  • Bathroom 1 Level: Second
  • Room Dining Room Features: Cathedral Ceiling(s), Flooring - Hardwood, Chair Rail, Open Floorplan, Recessed Lighting
  • Room Dining Room Level: Second
  • Room Dining Room Area: 135
  • Room Kitchen Level: Second
  • Room Kitchen Features: Flooring - Wood, Countertops - Stone/Granite/Solid, Kitchen Island, Deck - Exterior, Recessed Lighting, Gas Stove, Lighting - Pendant
  • Room Kitchen Area: 169
  • Laundry Features: Electric Dryer Hookup, Washer Hookup, Second Floor, In Unit
  • Room Living Room Level: Second
  • Room Living Room Area: 150
  • Room Living Room Features: Cathedral Ceiling(s), Flooring - Hardwood, Chair Rail, Open Floorplan, Recessed Lighting, Lighting - Pendant
  • Room Office Level: Second
  • Room Office Area: 78
  • Room Office Features: Flooring - Hardwood
  • Living Area: 1115
  • Stories Total: 2
  • Window Features: Insulated Windows
  • MAIN LO: C95243
  • LIST PRICE PER Sq Ft: 376.59
  • PRICE PER Sq Ft: 448.43
  • MAIN SO: NB9147

Exterior Features

  • Construction Materials: Frame
  • Fencing: Security, Fenced
  • Patio And Porch Features: Deck - Wood
  • Roof: Shingle
  • Waterfront Features: Beach Front, Bay, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: Yes

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street, Tandem
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Dryer, Washer Hookup
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Cooling Y N: Yes
  • Electric: 100 Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 1
  • COOLING ZONES: 1

Condo/Co-op/Association

  • Association Fee: 150
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Bike Path, Public School, T-Station
  • UNIT BUILDING: 2
  • MANAGEMENT: Owner Association
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Reserve Funds

Lot Info

  • Parcel Number: M:36 L:0341 S:802,2137475
  • Zoning: B
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Size Sq Ft: 4791.6
  • Lot Size Units: Acres
  • LOT SIZE: 4700
  • PAGE: 269
  • OUTDOOR SPACE AVAILABLE: Yes - Common

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4751
  • Tax Book Number: 33295

Multi Family

  • Number Of Units Total: 2
  • Basement Included Sq Ft: No
  • NO UNITS OWNER OCC: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2022
Closed on
May 31, 2022
Sold by
Mcevoy Johanna and Mcevoy Joseph
Bought by
Maniates Andrew J and Maniates Elizabeth L
Seller's Agent
Andrea Bennett
William Raveis R.E. & Home Services
Buyer's Agent
Kevin Mccafferty
RyVal Homes
List Price
$419,900
Sold Price
$500,000
Premium/Discount to List
$80,100
19.08%
Total Days on Market
7
Current Estimated Value
$512,351

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,351
Avg. Annual Appreciation
0.81%
Original Mortgage
$425,000
Outstanding Balance
$406,705
Interest Rate
5.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$105,646

Purchase Details

Closed on
May 23, 2014
Sold by
Ns Holdings Llc
Bought by
Mcevoy Joseph and Mcevoy Johanna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,100
Interest Rate
4.33%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Maniates Andrew J $500,000 None Available
Mcevoy Joseph $269,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maniates Andrew J $425,000
Previous Owner Mcevoy Johanna $214,000
Previous Owner Mcevoy Joseph $242,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2022 05/31/22 Sold $500,000 +19.1% $448 / Sq Ft
04/27/2022 04/27/22 Pending -- -- --
04/19/2022 04/19/22 For Sale $419,900 -- $377 / 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 $5,117 $451,200 $0 $451,200
2024 $5,282 $454,600 $0 $454,600
2023 $5,043 $403,100 $0 $403,100
2022 $4,751 $358,600 $0 $358,600
2021 $4,675 $338,800 $0 $338,800
2020 $4,612 $319,200 $0 $319,200
2019 $4,634 $306,900 $0 $306,900
2018 $4,180 $271,800 $0 $271,800
2017 $4,090 $257,900 $0 $257,900
2016 $3,762 $240,100 $0 $240,100
2015 $2,645 $161,200 $0 $161,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72967941

MLS Property Information Network (MLS PIN)

APN: SALE-000036-000000-000341-000802-000802