$95,000
SOLD DEC 3, 2015
2 Beds
1 Bath
916 Sq Ft
$676/mo HOA Fee

Recently Sold

$104 Per Sq Ft

21% Below List Price

70 Days on Market

Highlights

  • Balcony
  • Air Conditioning
  • Combination Dining and Living Room
  • Walk-In Closet
  • Landscaped
  • Ceiling Fan

About This Home

As of March 2023

We have had a $10,000 price reduction, so why rent when you can own?! Or let your investment make money for you! This large 2 bedroom unit boasts many unique features. The kitchen includes brand new stainless Kenmore refrigerator and a brand new stainless Whirlpool microwave. Counters, cabinets, sink and disposal were all replaced in 2012. Living room includes sliding glass doors that open to a balcony and moldings that carry through to the master bedroom. The master bedroom has a walk in closet that includes a safety box installed. The master bedroom and second bedroom have both had new laminate floors installed in 2012.

Last Agent to Sell the Property

Hannah Trull

BHHS Verani Seacoast License #069350 Listed on: 09/09/2015

BHHS Verani Seacoast

Last Buyer's Agent

Hannah Trull

BHHS Verani Seacoast License #069350 Listed on: 09/09/2015

BHHS Verani Seacoast

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,548

Year Built

  • Built in 1972

HOA Fees

Home Design

  • Brick Exterior Construction
  • Concrete Foundation
  • Shingle Roof

Interior Spaces

  • 916 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room

Kitchen

  • Gas Range
  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom

Parking

  • 2 Car Parking Spaces
  • Shared Driveway
  • Paved Parking
  • Unassigned Parking

Schools

  • Soule Elementary School
  • Woodbury Middle School
  • Salem High School

Utilities

  • Air Conditioning
  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Heating System Uses Natural Gas

Additional Features

  • Balcony
  • Landscaped

Community Details

  • Lancelot Court Condo
  • Maintained Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,548

Year Built

Built in 1972

Lot Details

0

HOA Fees

$676 per month

Listing Details

  • Status Detail: Closed
  • Directions: Exit 1 off 93. Take a right onto RTE 28 and at the next set off lights take a right. Go straight until you see 7/11 and take a right. The building is the second one in on the left.
  • Units per Building: 20
  • Assessment Year: 2014
  • Construction: Existing
  • Total Stories: 1
  • Price Per Sq Ft: 103.71
  • Property Class: Residential
  • Property Type: Condo
  • Year Built: 1972
  • Remarks Public: We have had a $10,000 price reduction, so why rent when you can own?! Or let your investment make money for you! This large 2 bedroom unit boasts many unique features. The kitchen includes brand new stainless Kenmore refrigerator and a brand new stainless Whirlpool microwave. Counters, cabinets, sink and disposal were all replaced in 2012. Living room includes sliding glass doors that open to a balcony and moldings that carry through to the master bedroom. The master bedroom has a walk in closet that includes a safety box installed. The master bedroom and second bedroom have both had new laminate floors installed in 2012.
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Disposal, Microwave, Range - Gas, Refrigerator
  • Equipment: Air Conditioner
  • Features Interior: Blinds, Ceiling Fan, Living/Dining, Security Doors, Walk-in Closet, Window Treatment
  • Total Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Room 1: Kitchen, 10'x5', On Level: 1
  • Room 2: Dining Room
  • Room 3: Living Room, 27'x12', On Level: 1
  • Room 7: Master Bedroom, 16'x10', On Level: 1
  • Room 8: Bedroom, 10'x12', On Level: 1
  • Room 16: Bath - Full, On Level: 1
  • Sq Ft - Apx Finished AG: 916
  • Sq Ft - Apx Total Finished: 916

Exterior Features

  • Driveway: Common/Shared, Paved
  • Exterior: Brick
  • Foundation: Concrete
  • Roads: Association
  • Roof: Shingle - Asphalt
  • Features Exterior: Trash, Balcony

Garage/Parking

  • Parking: Parking Spaces 2
  • Garage Description: Unassigned

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Heating Fuel: Gas - Natural
  • Heating: Baseboard
  • Cooling: Wall AC Units

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Fee: 338
  • Fees 2: 338
  • Condo Name: Lancelot Court Condo
  • Fee Includes Legacy: Heat, Hot Water, Landscaping, Plowing, Sewer, Trash, Water
  • Association Amenities: Building Maintenance

Schools

  • School District: Salem
  • Elementary School: Soule School
  • Middle School: Woodbury School
  • High School: Salem High School
  • Elementary School: Soule School
  • High School: Salem High School

Lot Info

  • Lot Description: Condo Development, Landscaped
  • Surveyed: Unknown
  • Zoning: GA
  • Deed Book: 5366
  • Deed Page: 0670
  • Deed Recorded Type: Quit Claim
  • Unit/Lot Number: 27

Tax Info

  • Tax Gross Amount: 1548
  • Tax Year: 2014

MLS Schools

  • School District: Salem
  • School Middle Jr: Woodbury School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 25, 2024
Sold by
Yalamanchili Phanendra and Yalamanchili Kalyani
Bought by
Spasov Aleksandar
Current Estimated Value
$273,288

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Outstanding Balance
$188,571
Interest Rate
7.02%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$86,127

Purchase Details

Listed on
Mar 9, 2023
Closed on
Mar 27, 2023
Sold by
Chen Yi
Bought by
Yalamanchili Phanendra and Yalamanchili Kalyani
Seller's Agent
Tammy Lynch
BHHS Verani Meredith
Buyer's Agent
Phanendra Yalamanchili
Chinatti Realty Group
List Price
$225,000
Sold Price
$246,000
Premium/Discount to List
$21,000
9.33%
Views
88

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.79%

Purchase Details

Listed on
Sep 9, 2015
Closed on
Dec 4, 2015
Sold by
Theresa Nehme Ret and Nehme
Bought by
Chen Yi
Seller's Agent
Hannah Trull
BHHS Verani Seacoast
Buyer's Agent
Hannah Trull
BHHS Verani Seacoast
List Price
$120,000
Sold Price
$95,000
Premium/Discount to List
-$25,000
-20.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.88%

Purchase Details

Closed on
Oct 29, 2002
Sold by
Charabati Wahib and Charabati Marie
Bought by
Charabati Abdo
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed $280,000 None Available
Warranty Deed $280,000 None Available
Warranty Deed $246,000 None Available
Warranty Deed $246,000 None Available
Deed $95,066 --
Deed $95,066 --
Warranty Deed $50,000 --
Warranty Deed $50,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $190,000 Purchase Money Mortgage
Closed $190,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2023 03/27/23 Sold $246,000 +9.3% $269 / Sq Ft
03/14/2023 03/14/23 Pending -- -- --
03/13/2023 03/13/23 For Sale $225,000 -8.5% $246 / Sq Ft
03/13/2023 03/13/23 Off Market $246,000 -- --
03/09/2023 03/09/23 For Sale $225,000 +136.8% $246 / Sq Ft
12/03/2015 12/03/15 Sold $95,000 -20.8% $104 / Sq Ft
11/18/2015 11/18/15 Pending -- -- --
09/09/2015 09/09/15 For Sale $120,000 0.0% $131 / Sq Ft
06/12/2015 06/12/15 Rented $1,100 -4.3% --
04/09/2013 04/09/13 Under Contract -- -- --
01/04/2013 01/04/13 For Rent $1,150 -- --
Source: PrimeMLS

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
2024 $2,893 $164,400 $0 $164,400
2023 $2,788 $164,400 $0 $164,400
2022 $2,639 $164,400 $0 $164,400
2021 $2,627 $164,400 $0 $164,400
2020 $2,041 $92,700 $0 $92,700
2019 $2,038 $92,700 $0 $92,700
2018 $2,003 $92,700 $0 $92,700
2017 $1,932 $92,700 $0 $92,700
2016 $1,894 $92,700 $0 $92,700
2015 $1,594 $74,500 $0 $74,500
2014 $1,549 $74,500 $0 $74,500
2013 $1,524 $74,500 $0 $74,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4449874

PrimeMLS

APN: SLEM-000117-008879-000123