5 Mall St Unit 1 Salem, MA 01970
Salem Common Neighborhood
2
Beds
1
Bath
880
Sq Ft
$250/mo
HOA Fee
Highlights
- Wood Flooring
- Forced Air Heating System
- 2-minute walk to Salem Common
About This Home
As of July 2020Located just steps from the Salem Common, this 2 bedroom condo offers everything the discerning buyer would desire.....in-unit laundry, off street parking, private outdoor space, fireplace, wide pine flooring, tall ceilings, separate dining room....Large open kitchen with tons of storage is flanked by an exposed brick fireplace which separates it from the bright and airy living room. Living room features wide pine flooring and french doors leading to private deck area. Ideal location within minutes of MBTA, restaurants, waterfront, shopping and all the bustle of downtown Salem yet tucked away on a one way street.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,560
Year Built
- Built in 1900
HOA Fees
- $250 per month
Kitchen
- Range
- Dishwasher
Flooring
- Wood
- Tile
Laundry
- Dryer
- Washer
Utilities
- Forced Air Heating System
- Heating System Uses Gas
- Natural Gas Water Heater
Additional Features
- Basement
Community Details
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 15, 2020
Closed on
Jul 8, 2020
Sold by
Cristobal Rachel K
Bought by
Abramova Tatyana
Seller's Agent
Eliot Cristobal
EXIT Realty Beatrice Associates
Buyer's Agent
The Mavroules Team
Good Deeds Realty Partners
List Price
$314,900
Sold Price
$320,000
Premium/Discount to List
$5,100
1.62%
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
$149,652
Avg. Annual Appreciation
7.85%
Original Mortgage
$200,000
Outstanding Balance
$178,135
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$291,517
Purchase Details
Closed on
Aug 30, 2019
Sold by
Mcleod Rachel K and Mcleod Tracy J
Bought by
Cristobal Rachel K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,700
Interest Rate
3.7%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jan 11, 2018
Closed on
Apr 10, 2018
Sold by
Weed Philip A and Putnik Maja V
Bought by
Mcleod Rachel K and Mcleod Tracy J
Seller's Agent
Merry Fox Team
MerryFox Realty
Buyer's Agent
Sara Hrono
Century 21 North East
List Price
$284,900
Sold Price
$285,000
Premium/Discount to List
$100
0.04%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.05%
Original Mortgage
$270,750
Interest Rate
4.4%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 30, 2007
Sold by
Verge Francine
Bought by
Weed Philip A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,250
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage
Similar Homes in Salem, MA
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Not Resolvable | $320,000 | None Available | |
| Quit Claim Deed | -- | -- | |
| Not Resolvable | $285,000 | -- | |
| Deed | $267,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $200,000 | New Conventional | |
| Previous Owner | $271,700 | New Conventional | |
| Previous Owner | $270,750 | New Conventional | |
| Previous Owner | $201,000 | Unknown | |
| Previous Owner | $184,164 | No Value Available | |
| Previous Owner | $200,250 | Purchase Money Mortgage | |
| Previous Owner | $66,750 | No Value Available | |
| Previous Owner | $59,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/01/2022 10/01/22 | Rented | $2,500 | 0.0% | -- |
| 08/29/2022 08/29/22 | Under Contract | -- | -- | -- |
| 08/23/2022 08/23/22 | For Rent | $2,500 | 0.0% | -- |
| 07/10/2020 07/10/20 | Sold | $320,000 | +1.6% | $364 / Sq Ft |
| 05/19/2020 05/19/20 | Pending | -- | -- | -- |
| 05/15/2020 05/15/20 | For Sale | $314,900 | +10.5% | $358 / Sq Ft |
| 04/10/2018 04/10/18 | Sold | $285,000 | 0.0% | $324 / Sq Ft |
| 01/24/2018 01/24/18 | Pending | -- | -- | -- |
| 01/11/2018 01/11/18 | For Sale | $284,900 | -- | $324 / 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 | $4,560 | $402,100 | $0 | $402,100 |
| 2024 | $4,388 | $377,600 | $0 | $377,600 |
| 2023 | $4,150 | $331,700 | $0 | $331,700 |
| 2022 | $4,135 | $312,100 | $0 | $312,100 |
| 2021 | $4,034 | $292,300 | $0 | $292,300 |
| 2020 | $3,962 | $274,200 | $0 | $274,200 |
| 2019 | $3,861 | $255,700 | $0 | $255,700 |
| 2018 | $3,684 | $239,500 | $0 | $239,500 |
| 2017 | $3,434 | $216,500 | $0 | $216,500 |
| 2016 | $3,262 | $208,200 | $0 | $208,200 |
| 2015 | $3,336 | $203,300 | $0 | $203,300 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2022
Ann Gray
Coldwell Banker Realty - Beverly
(978) 407-4468
29 Total Sales
-
E
Seller's Agent in 2020
Eliot Cristobal
EXIT Realty Beatrice Associates
-
Buyer's Agent in 2020
The Mavroules Team
Good Deeds Realty Partners
(781) 866-6195
2 in this area
149 Total Sales
-
M
Seller's Agent in 2018
Merry Fox Team
MerryFox Realty
23 in this area
269 Total Sales
-
Seller Co-Listing Agent in 2018
Dan Fox
MerryFox Realty
(978) 740-0008
14 in this area
100 Total Sales
-
Buyer's Agent in 2018
Sara Hrono
Century 21 North East
(617) 222-0931
177 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72269720
APN: SALE-000035-000000-000017-000803-000803
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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