NOT LISTED FOR SALE

Estimated Value: $793,487 - $983,000

3 Beds
2 Baths
1,176 Sq Ft
$725/Sq Ft Est. Value

Last Sold June 25, 2018

Last sale price $570,000 $485 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $5,152/month

5 Days on Market

Highlights

  • Ocean View
  • Wood Flooring
  • Fenced Yard

About This Home

As of June 2018

Watch the sun set in this ocean front home with direct water access, overlooking Collins Cove and Beverly Harbor. Featuring 3 bedrooms and 2 baths, this updated cape is located just minutes from both Salem Willows and downtown Salem. Bright and sunny, with expansive water views throughout, this house is impeccable inside and out. Kitchen and bathrooms updated just 2 years ago plus a high efficiency boiler and replacement windows...the list goes on and on. Large yard leads to a private floating dock. With a garage and 2+ additional parking spaces, this house has it all. Come home to a vacation everyday!

Last Agent to Sell the Property

Merry Fox Team

MerryFox Realty Listed on: 05/31/2018

Co-Listed By

Dan Fox

MerryFox Realty

Last Buyer's Agent

Janice Kostopoulos

Coldwell Banker Realty - Marblehead

Coldwell Banker Realty - Marblehead

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,800

Year Built

  • Built in 1949

Lot Details

  • Fenced Yard
  • Sprinkler System
  • Property is zoned R1

Parking

  • 1 Car Garage

Kitchen

  • Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Laundry

  • Dryer
  • Washer

Utilities

  • Hot Water Baseboard Heater
  • Heating System Uses Gas

Additional Features

  • Ocean Views
  • Mooring
  • Basement

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,800

Year Built

Built in 1949

Lot Details

0

Parking

1

Listing Details

  • Property Type: Single Family
  • Single Family Type: Detached
  • Style: Cape
  • Other Agent: 2.00
  • Year Built Description: Actual
  • List Price Per Sq Ft: 424.32
  • Comp Based On: Net Sale Price
  • Year Built: 1949
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1949

Interior Features

  • Flooring: Wood, Tile
  • Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
  • No Bedrooms: 3
  • Master Bedroom: On Level: Second Floor
  • Bedroom 2: On Level: First Floor
  • Bedroom 3: On Level: First Floor
  • Full Bathrooms: 2
  • Bathroom 1: On Level: First Floor
  • Bathroom 2: On Level: Second Floor
  • No Rooms: 6
  • Dining Room: On Level: First Floor
  • Kitchen: On Level: First Floor
  • Laundry: On Level: Basement
  • Living Room: On Level: First Floor
  • Basement: Y
  • Basement Features: Full
  • Main Lo: C95279
  • Main So: K95001
  • Estimated Sq Ft: 1176.00

Exterior Features

  • Beach Ownership: Public
  • Waterfront: Ocean, Dock/Mooring, Frontage
  • Beachfront Flag: Yes
  • Beach Miles To: 0 to 1/10 Mile
  • Waterfront Flag: Yes
  • Waterview Features: Dock/Mooring, Ocean
  • Waterview Flag: Yes
  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Clapboard
  • Exterior Features: Sprinkler System, Fenced Yard
  • Foundation: Concrete Block

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 2
  • Garage Parking: Detached
  • Garage Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers
  • Heating: Hot Water Baseboard, Gas
  • Heat Zones: 2

Lot Info

  • Assessments: 416700.00
  • Acre: 0.15
  • Lot Size: 6630.00
  • Page: 589
  • Zoning: R1
  • Lot Description: Scenic View(s)

Green Features

  • Energy Features: Insulated Windows

Tax Info

  • Taxes: 6409.00
  • Assessor Parcel Number: 2138232

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 2, 2018
Sold by
Sennott Robert
Bought by
Jacob Hayley
Current Estimated Value
$852,622

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$456,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 31, 2018
Closed on
Jun 25, 2018
Sold by
Macaulay Keri-Ann and Moore Kyle
Bought by
Sennott Robert
Seller's Agent
Merry Fox Team
MerryFox Realty
Buyer's Agent
Janice Kostopoulos
Coldwell Banker Realty - Marblehead
List Price
$499,000
Sold Price
$570,000
Premium/Discount to List
$71,000
14.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.63%

Purchase Details

Listed on
May 7, 2013
Closed on
Aug 16, 2013
Sold by
51 Memorial Drive Llc
Bought by
Moore Kyle and Macaulay Keri Ann
Seller's Agent
Virginia Carson
Tache Real Estate, Inc.
Buyer's Agent
Virginia Carson
Tache Real Estate, Inc.
List Price
$374,900
Sold Price
$377,000
Premium/Discount to List
$2,100
0.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.88%
Original Mortgage
$358,150
Interest Rate
4.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 4, 2004
Sold by
Press Margaret L and Leighton Margaret
Bought by
51 Memorial Dr Llc

Purchase Details

Closed on
Feb 20, 2004
Sold by
Cardella Michael J and Cardella Valerie
Bought by
Press Margaret L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 30, 2001
Sold by
Fred Cardella Nt
Bought by
Cardella Michael J and Cardella Valerie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
6.86%
Mortgage Type
Purchase Money Mortgage
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 Buyer Sale Price Title Company
Jacob Hayley $570,000 --
Sennott Robert $570,000 --
Moore Kyle $377,000 --
51 Memorial Dr Llc -- --
Press Margaret L $395,000 --
Cardella Michael J $280,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jacob Hayley $456,000
Previous Owner Moore Kyle $358,150
Previous Owner Cardella Michael J $250,000
Previous Owner Cardella Michael J $224,000
Previous Owner Cardella Michael J $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2018 06/25/18 Sold $570,000 +14.2% $485 / Sq Ft
06/05/2018 06/05/18 Pending -- -- --
05/31/2018 05/31/18 For Sale $499,000 +32.4% $424 / Sq Ft
08/16/2013 08/16/13 Sold $377,000 0.0% $347 / Sq Ft
08/06/2013 08/06/13 Pending -- -- --
07/26/2013 07/26/13 Off Market $377,000 -- --
05/07/2013 05/07/13 For Sale $374,900 -- $345 / 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 $7,800 $687,800 $276,300 $411,500
2024 $7,794 $670,700 $276,300 $394,400
2023 $7,544 $603,000 $252,900 $350,100
2022 $7,338 $553,800 $243,500 $310,300
2021 $7,121 $516,000 $243,500 $272,500
2020 $7,105 $491,700 $229,500 $262,200
2019 $7,120 $471,500 $218,200 $253,300
2018 $6,409 $416,700 $207,900 $208,800
2017 $6,070 $382,700 $196,700 $186,000
2016 $5,630 $359,300 $173,300 $186,000
2015 $4,967 $302,700 $159,200 $143,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72336666

MLS Property Information Network (MLS PIN)

APN: SALE-000042-000000-000010