NOT LISTED FOR SALE

Estimated Value: $436,000 - $477,000

2 Beds
1 Bath
1,104 Sq Ft
$311/mo HOA Fee

Last Sold June 27, 2024

Last sale price $450,000 $408 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,173/month

4 Days on Market

Highlights

  • Marina
  • Medical Services
  • Property is near public transit
  • Golf Course Community
  • No Units Above
  • Wood Flooring

About This Home

As of June 2024

Light, bright, & totally turnkey this 2bed/1bath condo will make you say WOW! Well maintained & thoughtfully updated w/in the last 2 years, this gem will not disappoint. A-Frame style cathedral ceilings w/exposed beams give a charming loft-like feel in an open concept living area. New EVERYTHING (quartz & granite counters, stylish lighting, sink/disposal, open shelving & FULL suite of new Samsung 'smart' appliances) means you can host dinner parties ASAP. The bathroom's equally updated w/chic & modern new vanity, tile floor, & even a new toilet! Upgrades to kitchen electric, recessed LED lighting, keyless unit door entry, & smart technology. Added bonuses include dedicated washer/dryer in basement, deeded portion of back porch & tranquil backyard, as well as a brand new Oil Tank & hot-water heater (heat/hot H2O included in low HOA)! All just a few blocks from the best shops/restaurants of vibrant downtown Salem in one direction & Forest River Park in the other. Don't miss this one

Last Agent to Sell the Property

KC Cucchi

The Proper Nest Real Estate Listed on: 05/15/2024

Last Buyer's Agent

David Ladner

RE/MAX Harmony

RE/MAX Harmony

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,973

Year Built

  • Built in 1914

Lot Details

  • Near Conservation Area
  • No Units Above
  • Fenced Yard
  • Garden

HOA Fees

  • $311 Monthly HOA Fees

Home Design

  • Entry on the 3rd floor
  • Blown-In Insulation
  • Slate Roof
  • Rubber Roof

Interior Spaces

  • 1,104 Sq Ft Home
  • 1-Story Property
  • Basement
  • Laundry in Basement

Kitchen

  • Oven
  • Range
  • Microwave
  • ENERGY STAR Qualified Refrigerator
  • Freezer
  • ENERGY STAR Qualified Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on third floor
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • Detached Garage
  • Parking Storage or Cabinetry
  • Tandem Parking
  • On-Street Parking
  • Open Parking

Outdoor Features

  • Porch

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Window Unit Cooling System
  • Heating System Uses Oil
  • Hot Water Heating System

Listing and Financial Details

  • Assessor Parcel Number M:33 L:0218 S:803,4421181

Community Details

Overview

  • Association fees include heat, sewer, insurance, maintenance structure, reserve funds
  • 3 Units
  • Jba Condominium Trust Community

Amenities

  • Medical Services
  • Shops
  • Laundry Facilities

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Community Pool
  • Park
  • Jogging Path
  • Bike Trail

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,973

Year Built

Built in 1914

Lot Details

0

HOA Fees

$311 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: 2/3 Family
  • Year Built: 1914
  • Buyer Agency: 2%
  • Buyer Agency Type: %
  • Entry Level: 3
  • Transaction Broker: 1%
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Tile, Hardwood
  • Fireplace YN: No
  • Appliances: Disposal, Microwave, Freezer, Washer, Dryer, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Dishwasher, Range, Oven
  • Total Bedrooms: 2
  • Room Bedroom2 Level: Third
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Level: Third
  • Bathroom 1 Level: Third
  • Room Dining Room Level: Third
  • Room Kitchen Level: Third
  • Laundry Features: In Basement, In Building, Electric Dryer Hookup, Washer Hookup
  • Room Living Room Level: Third
  • Basement: Y
  • Living Area: 1104
  • Spa YN: No
  • Stories Total: 1
  • MAIN LO: AN6899
  • LIST PRICE PER Sq Ft: 379.53
  • PRICE PER Sq Ft: 407.61
  • MAIN SO: AN5976
  • Insulation: Blown In

Exterior Features

  • Exterior Features: Porch, Fenced Yard, Garden
  • Common Walls: No One Above
  • Fencing: Fenced
  • Home Warranty YN: No
  • Patio And Porch Features: Porch
  • Roof: Slate, Rubber
  • Waterfront Features: Beach Front, Harbor, Ocean, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No

Garage/Parking

  • Attached Garage YN: No
  • Carport Y N: No
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Detached, Storage, Tandem, On Street

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup
  • Cooling: Window Unit(s)
  • Heating: Oil
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Hot Water
  • Association Fee: 311
  • Association Fee Frequency: Monthly
  • Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Bike Path, Conservation Area, House of Worship, Marina, Private School, Public School, T-Station, University
  • Senior Community YN: No
  • UNIT BUILDING: 3
  • MANAGEMENT: Owner Association
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Sewer, Insurance, Maintenance Structure, Reserve Funds

Lot Info

  • Parcel Number: M:33 L:0218 S:803,4421181
  • Zoning: R2
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.15
  • Lot Size Area: 0.15
  • Lot Size Sq Ft: 6377
  • Lot Size Units: Acres
  • PAGE: 214
  • OUTDOOR SPACE AVAILABLE: Yes - Private
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 3973
  • Tax Book Number: 41029

Multi Family

  • Number Of Units Total: 3
  • Basement Included Sq Ft: No
  • NO UNITS OWNER OCC: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2022
Closed on
Jun 27, 2022
Sold by
Thomas Shane
Bought by
Freedman Amber R and Lousos Christopher V
Seller's Agent
Danielle Rossi
LAER Realty Partners
Buyer's Agent
Melissa Weinand
William Raveis R.E. & Home Services
List Price
$319,900
Sold Price
$360,000
Premium/Discount to List
$40,100
12.54%
Current Estimated Value
$464,996

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,996
Avg. Annual Appreciation
7.95%
Original Mortgage
$342,000
Interest Rate
5.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jan 19, 2016
Closed on
Mar 28, 2016
Sold by
Sprong Tracee M
Bought by
Thomas Shane
Seller's Agent
Jessica Molisse
William Raveis R.E. & Home Services
Buyer's Agent
Julie Chechik
Coldwell Banker Realty - Beverly
List Price
$155,000
Sold Price
$156,000
Premium/Discount to List
$1,000
0.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.32%
Original Mortgage
$148,200
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 14, 2003
Sold by
Worth John W
Bought by
Sprong Tracee M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,800
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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List Price
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
Freedman Amber R $360,000 None Available
Thomas Shane $156,000 --
Sprong Tracee M $146,000 --
Sprong Tracee M $146,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gilmore Molly $415,000
Closed Gilmore Molly $415,000
Closed Freedman Amber R $342,000
Previous Owner Thomas Shane $166,000
Previous Owner Thomas Shane $148,200
Previous Owner Sprong Tracee M $155,000
Previous Owner Sprong Tracee M $116,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2024 06/27/24 Sold $450,000 +7.4% $408 / Sq Ft
05/20/2024 05/20/24 Pending -- -- --
05/15/2024 05/15/24 For Sale $419,000 +16.4% $380 / Sq Ft
06/27/2022 06/27/22 Sold $360,000 +12.5% $326 / Sq Ft
05/03/2022 05/03/22 Pending -- -- --
04/28/2022 04/28/22 For Sale $319,900 +105.1% $290 / Sq Ft
03/28/2016 03/28/16 Sold $156,000 +0.6% $141 / Sq Ft
01/28/2016 01/28/16 Pending -- -- --
01/26/2016 01/26/16 For Sale $155,000 0.0% $140 / Sq Ft
01/24/2016 01/24/16 Pending -- -- --
01/19/2016 01/19/16 For Sale $155,000 -- $140 / 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 $4,877 $430,100 $0 $430,100
2024 $3,973 $341,900 $0 $341,900
2023 $3,854 $308,100 $0 $308,100
2022 $3,816 $288,000 $0 $288,000
2021 $3,720 $269,600 $0 $269,600
2020 $3,377 $233,700 $0 $233,700
2019 $3,284 $217,500 $0 $217,500
2018 $2,881 $187,300 $0 $187,300
2017 $3,288 $207,300 $0 $207,300
2016 $3,121 $199,200 $0 $199,200
2015 $3,085 $188,000 $0 $188,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73237757

MLS Property Information Network (MLS PIN)

APN: SALE-000033-000000-000218-000803-000803