51 Hancock St Unit 2 Salem, MA 01970
South Salem NeighborhoodEstimated Value: $350,000 - $393,000
2
Beds
1
Bath
912
Sq Ft
$200/mo
HOA Fee
Highlights
- Wood Flooring
- Balcony
- Bathtub with Shower
- Solid Surface Countertops
- Bay Window
- French Doors
About This Home
As of February 2022The Seller invites you to tour this 2 bed, 1 bath condo in close proximity to Salem State University, the Salem Bike/Walking trail, downtown Salem and the proposed south Salem train station. This condo offers a newly renovated kitchen, large rooms, two exterior covered porches that allow you multiple options for outside living, assigned off-street parking, a low condo fee and a pet friendly association making this a must see property. Most recent Association financials and condo documents are attached to this listing. Showings start immediately, with Open House Saturday and Sunday, January 8th & 9th from 11:30-1:00. Offers, if any, are due no later than Tuesday, January 11, 2022 by noon.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,664
Year Built
- 1920
HOA Fees
- $200 per month
Home Design
- Updated or Remodeled
Interior Spaces
- Ceiling Fan
- Decorative Lighting
- Light Fixtures
- Bay Window
- French Doors
- Exterior Basement Entry
Kitchen
- Stove
- Solid Surface Countertops
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- Primary bedroom located on second floor
- Bathtub with Shower
Additional Features
- Balcony
- 1 Heating Zone
Community Details
- Common Area
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 5, 2022
Closed on
Feb 25, 2022
Sold by
Taylor Grace M
Bought by
Wright Emily J
Seller's Agent
Hope Watt-Bucci
Coldwell Banker Realty - Manchester
Buyer's Agent
Erin Lamb
List Price
$285,000
Sold Price
$310,000
Premium/Discount to List
$25,000
8.77%
Total Days on Market
5
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
$65,395
Avg. Annual Appreciation
6.64%
Original Mortgage
$70,000
Outstanding Balance
$65,858
Interest Rate
3.55%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$315,652
Purchase Details
Listed on
Apr 11, 2014
Closed on
Jun 16, 2014
Sold by
Wilkins-Cummings Kimberly and Cummings Kimberdavid
Bought by
Taylor Grace M
Seller's Agent
Judy Toner
The Proper Nest Real Estate
Buyer's Agent
Hope Watt-Bucci
Coldwell Banker Realty - Manchester
List Price
$189,000
Sold Price
$175,000
Premium/Discount to List
-$14,000
-7.41%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.71%
Original Mortgage
$115,000
Interest Rate
4.27%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 1, 2005
Sold by
Pizzo Scott A
Bought by
Wilkins-Cummings Kimberly and Cummings David
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,700
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 7, 2000
Sold by
Peguero Carmen R
Bought by
Pizzo Scott A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,800
Interest Rate
7.73%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 28, 1996
Sold by
Sylvester Donald
Bought by
Cuevas Adolfo
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,650
Interest Rate
8.05%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 20, 1996
Sold by
Leahy Marianne F
Bought by
Sylvester Donald R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,650
Interest Rate
8.05%
Mortgage Type
Purchase Money Mortgage
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
Similar Homes in Salem, MA
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Wright Emily J | $310,000 | None Available | |
| Taylor Grace M | $175,000 | -- | |
| Wilkins-Cummings Kimberly | $210,000 | -- | |
| Pizzo Scott A | $102,000 | -- | |
| Cuevas Adolfo | $67,000 | -- | |
| Sylvester Donald R | $46,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Wright Emily J | $70,000 | |
| Previous Owner | Taylor Grace M | $95,000 | |
| Previous Owner | Taylor Grace M | $115,000 | |
| Previous Owner | Sylvester Donald R | $203,700 | |
| Previous Owner | Sylvester Donald R | $113,400 | |
| Previous Owner | Sylvester Donald R | $91,800 | |
| Previous Owner | Sylvester Donald R | $63,650 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/25/2022 02/25/22 | Sold | $310,000 | +8.8% | $340 / Sq Ft |
| 01/11/2022 01/11/22 | Pending | -- | -- | -- |
| 01/05/2022 01/05/22 | For Sale | $285,000 | +62.9% | $313 / Sq Ft |
| 06/16/2014 06/16/14 | Sold | $175,000 | 0.0% | $192 / Sq Ft |
| 06/07/2014 06/07/14 | Pending | -- | -- | -- |
| 04/23/2014 04/23/14 | Off Market | $175,000 | -- | -- |
| 04/11/2014 04/11/14 | For Sale | $189,000 | -- | $207 / 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 | $3,664 | $323,100 | $0 | $323,100 |
| 2024 | $3,586 | $308,600 | $0 | $308,600 |
| 2023 | $3,443 | $275,200 | $0 | $275,200 |
| 2022 | $3,344 | $252,400 | $0 | $252,400 |
| 2021 | $3,291 | $238,500 | $0 | $238,500 |
| 2020 | $3,222 | $223,000 | $0 | $223,000 |
| 2019 | $3,218 | $213,100 | $0 | $213,100 |
| 2018 | $2,990 | $194,400 | $0 | $194,400 |
| 2017 | $2,931 | $184,800 | $0 | $184,800 |
| 2016 | $2,774 | $177,000 | $0 | $177,000 |
| 2015 | $2,823 | $172,000 | $0 | $172,000 |
Source: Public Records
Agents Affiliated with this Home
-
Hope Watt-Bucci
Seller's Agent in 2022
Hope Watt-Bucci
Coldwell Banker Realty - Manchester
(978) 808-5451
2 in this area
62 Total Sales
-
Lisa Watt-Bucci
L
Seller Co-Listing Agent in 2022
Lisa Watt-Bucci
Coldwell Banker Realty - Manchester
(978) 290-0494
1 in this area
2 Total Sales
-
Erin Lamb
Buyer's Agent in 2022
Erin Lamb
(978) 771-7083
3 in this area
53 Total Sales
-
Judy Toner
J
Seller's Agent in 2014
Judy Toner
The Proper Nest Real Estate
(781) 704-6592
1 in this area
65 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72931548
APN: SALE-000033-000000-000160-000802-000802
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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