NOT LISTED FOR SALE

5 Larchmont Rd Unit 3 Salem, MA 01970

North Salem Neighborhood

Estimated Value: $354,000 - $435,000

2 Beds
1 Bath
805 Sq Ft
1925 Built

Last Sold March 29, 2019

Last sale price $265,000 $329 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $2,584/month

8 Days on Market

About This Home

As of March 2019

This is your chance! The opportunity to get into this highly desirable North Salem neighborhood is rare. Don't miss this immaculately updated condo that is now available to make your home. Two generously sized bedrooms both featuring large walk in closets. The eat-in kitchen was tastefully designed with 18X18 stone tiles, white shaker cabinets, granite counters, and a large pantry for storage. Gleaming hardwood floors and recessed lighting throughout. Freshly painted top to bottom. All windows have been updated. Ample storage (attic, basement, wall crawl space, closets). Laundry located in basement common area. Parking is very convenient on this quiet street with no permits required.

Last Agent to Sell the Property

Laura Rapacioli

LAER Realty Partners License #449588694 Listed on: 02/19/2019

Last Buyer's Agent

Bethany Carr

Coldwell Banker Realty - Beverly

Coldwell Banker Realty - Beverly

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,895

Year Built

  • Built in 1925

Kitchen

  • Range
  • Dishwasher

Flooring

  • Wood
  • Stone
  • Tile

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas
  • Natural Gas Water Heater

Additional Features

  • Basement

Community Details

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,895

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: 2/3 Family
  • Commission: 2.00
  • Other Agent: 2.00
  • Seller Agency: 2.00
  • Sub-Agency Relationship Offered: Yes
  • Year Built Description: Actual
  • List Price Per Sq Ft: 322.86
  • Comp Based On: Net Sale Price
  • Year Built: 1925
  • Lead Paint: Unknown
  • Unit Building: 3
  • Unit Level: 3
  • Unit Placement: Top/Penthouse
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1925

Interior Features

  • Flooring: Wood, Tile, Stone / Slate
  • Appliances: Range, Dishwasher, Refrigerator
  • No Bedrooms: 2
  • Full Bathrooms: 1
  • No Rooms: 5
  • Basement: Y
  • No Living Levels: 1
  • Main Lo: AN1199
  • Main So: K95001
  • Estimated Sq Ft: 805.00

Exterior Features

  • Beachfront Flag: Yes
  • Beach Miles To: 1 to 2 Mile
  • Insulation Feature: Full

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers
  • Cooling: Wall AC
  • Heating: Gas
  • Heat Zones: 1
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Bike Path, Conservation Area, Highway Access, Public School
  • HOA Fees: 206.00
  • Association Fee Includes: Water, Sewer, Master Insurance
  • Condo Association: Yes
  • Management: Owner Association

Lot Info

  • Assessments: 206200.00
  • Page: 498
  • Zoning: R2

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Taxes: 3113.62
  • Assessor Parcel Number: 2133491

Multi Family

  • No Units: 3
  • No Units Owner Occ: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2019
Closed on
Mar 23, 2019
Sold by
Degioia Christina L
Bought by
Greenberg Matthew
Seller's Agent
Laura Rapacioli
LAER Realty Partners
Buyer's Agent
Bethany Carr
Coldwell Banker Realty - Beverly
List Price
$259,900
Sold Price
$265,000
Premium/Discount to List
$5,100
1.96%
Current Estimated Value
$409,092

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,092
Avg. Annual Appreciation
6.80%
Original Mortgage
$212,000
Outstanding Balance
$187,144
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$215,634

Purchase Details

Closed on
Apr 23, 2014
Sold by
Carter Robert T and Carter Cindy A
Bought by
Venditti Christina L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,600
Interest Rate
4.36%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 4, 2013
Closed on
Sep 18, 2013
Sold by
Ruotolo Ann M
Bought by
Carter Robert T and Carter Cindy A
Seller's Agent
Susan Keenan
RE/MAX 360
Buyer's Agent
Susan Keenan
RE/MAX 360
List Price
$119,900
Sold Price
$110,000
Premium/Discount to List
-$9,900
-8.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.53%

Purchase Details

Closed on
Sep 16, 1987
Sold by
Lambie Andrew
Bought by
Ruotolo Ann Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,200
Interest Rate
10.35%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Greenberg Matthew $265,000 --
Venditti Christina L $179,000 --
Carter Robert T $110,000 --
Ruotolo Ann Marie $86,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Greenberg Matthew $212,000
Previous Owner Venditti Christina L $25,000
Previous Owner Venditti Christina L $136,600
Previous Owner Ruotolo Ann Marie $60,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2019 03/29/19 Sold $265,000 +2.0% $329 / Sq Ft
02/27/2019 02/27/19 Pending -- -- --
02/19/2019 02/19/19 For Sale $259,900 +136.3% $323 / Sq Ft
09/18/2013 09/18/13 Sold $110,000 -8.3% $137 / Sq Ft
08/19/2013 08/19/13 Pending -- -- --
08/05/2013 08/05/13 For Sale $119,900 +9.0% $149 / Sq Ft
08/04/2013 08/04/13 Off Market $110,000 -- --
07/26/2013 07/26/13 Price Changed $119,900 -6.7% $149 / Sq Ft
07/01/2013 07/01/13 Price Changed $128,500 -4.8% $160 / Sq Ft
05/26/2013 05/26/13 Price Changed $135,000 +3.9% $168 / Sq Ft
05/04/2013 05/04/13 For Sale $129,900 0.0% $161 / Sq Ft
04/15/2013 04/15/13 Rented $935 0.0% --
04/15/2013 04/15/13 For Rent $935 -- --
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 $3,895 $343,500 $0 $343,500
2024 $3,815 $328,300 $0 $328,300
2023 $3,674 $293,700 $0 $293,700
2022 $3,567 $269,200 $0 $269,200
2021 $3,447 $249,800 $0 $249,800
2020 $3,374 $233,500 $0 $233,500
2019 $3,114 $206,200 $0 $206,200
2018 $2,890 $187,900 $0 $187,900
2017 $2,833 $178,600 $0 $178,600
2016 $2,680 $171,000 $0 $171,000
2015 $2,603 $158,600 $0 $158,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72454679

MLS Property Information Network (MLS PIN)

APN: SALE-000027-000000-000513-000803-000803