5 Beacon St Unit 2 Salem, MA 01970
Collins Cove NeighborhoodEstimated Value: $500,000 - $523,000
2
Beds
1
Bath
1,115
Sq Ft
$150/mo
HOA Fee
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 2022Presenting 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
William Raveis R.E. & Home Services Listed on: 04/19/2022
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
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
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
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 |
|---|---|---|---|
| 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
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
-
Andrea Bennett
Seller's Agent in 2022
Andrea Bennett
William Raveis R.E. & Home Services
(978) 578-5024
1 in this area
52 Total Sales
-
Kevin Mccafferty
Buyer's Agent in 2022
Kevin Mccafferty
RyVal Homes
(978) 869-4584
1 in this area
58 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72967941
APN: SALE-000036-000000-000341-000802-000802
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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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