NOT LISTED FOR SALE

Estimated Value: $327,000 - $417,000

2 Beds
1 Bath
700 Sq Ft
$165/mo HOA Fee

Last Sold March 30, 2022

Last sale price $303,000 $433 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $2,455/month

8 Days on Market

Highlights

  • Golf Course Community
  • Property is near public transit
  • Walk-In Closet
  • Waterfront
  • Bay Window
  • 1-minute walk to McGlew Park

About This Home

As of March 2022

Welcome to living the good life in North Salem! This sunny, light-filled 2 bedroom 1 bath home has an updated eat-in kitchen, updated bath and 2 off-street assigned parking spaces. Pets are welcome! Washer and dryer hook-up in basement with storage. New furnace in 2017. New bay windows in 2019. Super easy access to historic downtown Salem, Salem Willows Park, Kernwood Country Club and Boat Ramp. First showings at OPEN HOUSE, Saturday, Feb. 5 from 12-2pm. Come by for a visit and settle in before spring!

Last Agent to Sell the Property

Jean-Marie Minton

Keller Williams Realty Evolution Listed on: 02/02/2022

Keller Williams Realty Evolution

Last Buyer's Agent

The Quail Group

eXp Realty

eXp Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,673

Year Built

  • Built in 1890

Lot Details

  • Waterfront

HOA Fees

  • $165 Monthly HOA Fees

Home Design

  • Garden Home
  • Entry on the 1st floor
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 700 Sq Ft Home
  • 1-Story Property
  • Bay Window
  • Dining Area
  • Laundry in Basement
  • Washer and Electric Dryer Hookup

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom
  • Bathtub with Shower

Parking

  • 2 Car Parking Spaces
  • Off-Street Parking
  • Assigned Parking

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • 1 Cooling Zone
  • Forced Air Heating System
  • 1 Heating Zone
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 170212801,4507530

Community Details

Overview

  • Association fees include water, sewer, insurance, maintenance structure, ground maintenance
  • 3 Units
  • Nursery North Condominium Community

Amenities

  • Shops

Recreation

  • Golf Course Community
  • Park

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,673

Year Built

Built in 1890

Lot Details

0

HOA Fees

$165 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Garden, 2/3 Family
  • Year Built: 1890
  • Buyer Agency Type: %
  • Entry Level: 1
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Laminate
  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Disposal,Microwave,Refrigerator, Gas Water Heater,Tank Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Dryer
  • Total Bedrooms: 2
  • Room Bedroom2 Level: First
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Features: Walk-In Closet(s), Flooring - Laminate
  • Room Master Bedroom Level: First
  • Bathroom 1 Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile
  • Bathroom 1 Level: First
  • Room Kitchen Level: First
  • Room Kitchen Features: Flooring - Laminate, Dining Area
  • Laundry Features: In Basement, Washer Hookup
  • Room Living Room Level: First
  • Room Living Room Features: Flooring - Laminate, Window(s) - Bay/Bow/Box
  • Living Area: 700
  • Stories Total: 1
  • MAIN LO: C95098
  • MAIN SO: AC0342

Exterior Features

  • Construction Materials: Frame
  • Home Warranty YN: No
  • Roof: Shingle
  • Waterfront Features: Beach Front, 1 to 2 Mile To Beach
  • Waterfront YN: Yes

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street, Assigned
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Dryer, Washer Hookup
  • Cooling: Wall Unit(s)
  • Heating: Forced Air, Natural Gas
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • SEWAGE DISTRICT: SESD
  • HEAT ZONES: 1
  • COOLING ZONES: 1

Condo/Co-op/Association

  • Association Fee: 164.79
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Park, Golf, Public School
  • Senior Community YN: No
  • MANAGEMENT: Owner Association
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds

Lot Info

  • Parcel Number: 170212801,4507530
  • Zoning: r2
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres

Rental Info

  • Pets Allowed: No

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2673

Multi Family

  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2022
Closed on
Mar 30, 2022
Sold by
Perrine Michele
Bought by
Moody-Rutledge Derek and Moody-Rutledge Michael
Seller's Agent
Jean-Marie Minton
Keller Williams Realty Evolution
Buyer's Agent
The Quail Group
eXp Realty
List Price
$299,900
Sold Price
$303,000
Premium/Discount to List
$3,100
1.03%
Current Estimated Value
$380,541

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,541
Avg. Annual Appreciation
6.35%
Original Mortgage
$293,910
Outstanding Balance
$276,565
Interest Rate
4.42%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$103,976

Purchase Details

Closed on
Jan 21, 2005
Sold by
Macburnie Sarah H
Bought by
Perrine Michele

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,600
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Moody-Rutledge Derek $303,000 None Available
Perrine Michele $187,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moody-Rutledge Derek $293,910
Previous Owner Perrine Michele $194,000
Previous Owner Perrine Michele $149,600
Previous Owner Perrine Michele $37,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/30/2022 03/30/22 Sold $303,000 +1.0% $433 / Sq Ft
02/11/2022 02/11/22 Pending -- -- --
02/02/2022 02/02/22 For Sale $299,900 -- $428 / 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 $3,528 $311,100 $0 $311,100
2024 $3,456 $297,400 $0 $297,400
2023 $3,180 $254,200 $0 $254,200
2022 $2,673 $201,700 $0 $201,700
2021 $2,608 $189,000 $0 $189,000
2020 $2,636 $182,400 $0 $182,400
2019 $2,553 $169,100 $0 $169,100
2018 $2,493 $158,000 $0 $158,000
2017 $2,444 $154,100 $0 $154,100
2016 $2,286 $145,900 $0 $145,900
2015 $2,199 $134,000 $0 $134,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72937481

MLS Property Information Network (MLS PIN)

APN: SALE-000017-000000-000212-000801-000801