NOT LISTED FOR SALE

54 Forrester St Unit 1 Salem, MA 01970

Salem Common Neighborhood

Estimated Value: $343,000 - $391,000

1 Bed
1 Bath
795 Sq Ft
1900 Built

Last Sold December 20, 2013

Last sale price $138,000 $174 Per Sq Ft

Est. 163% increase in value since last sale

Current estimated payment $2,186/month

88 Days on Market

About This Home

As of December 2013

Welcome Home! Situated perfectly to take advantage of all that Salem has to offer, this 1 bedroom condo is minutes to everything! Blocks from the Willows and the trails and beaches of Collin's cove, even closer to the Common, and a short distance to either the Salem Ferry or commuter rail. An all owner occupied association, your only bills are cable and electric. Pet friendly, in a much sought after neighborhood right off of Derby st., your home has a modern heating system, approx. 2 yr water heater and six yr roof, and all new insulated windows. Your unit has a large secure deeded basement storage, 3 large closets, and a kitchen with 2 pantry's and space to seat four. Laundry is on premises. Period details have been kept such as French doors, original wainscoting, and yellow pine floors. Priced to sell, come see for yourself the value of buying a two bedroom for less than what most rent a one bedroom for! 48 hr response to all offers. MOTIVATED SELLER

Last Agent to Sell the Property

Mark Aubuchon

Homequest Realty License #449548387 Listed on: 09/16/2013

Last Buyer's Agent

Maggie Gibson

MerryFox Realty

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,222

Year Built

1900

Lot Details

0

Listing Details

  • Unit Level: 1
  • Unit Placement: Corner
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1900

Interior Features

  • Has Basement: Yes
  • Primary Bathroom: Unknown
  • Number of Rooms: 4
  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf Course, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Public School, T-Station, University
  • Electric: 110 Volts, Circuit Breakers
  • Energy: Insulated Windows, Prog. Thermostat
  • Flooring: Wood
  • Insulation: Partial
  • Interior Amenities: Cable Available
  • Bedroom 2: First Floor
  • Bathroom #1: First Floor
  • Kitchen: First Floor
  • Laundry Room: Basement
  • Living Room: First Floor
  • Master Bedroom: First Floor
  • Dining Room: First Floor
  • Family Room: First Floor

Exterior Features

  • Construction: Frame
  • Exterior: Wood
  • Exterior Unit Features: Porch, Deck - Composite, Gutters, Professional Landscaping

Garage/Parking

  • Parking Spaces: 0

Utilities

  • Heat Zones: 1
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range

Condo/Co-op/Association

  • Association Fee Includes: Heat, Hot Water, Water, Sewer, Master Insurance, Laundry Facilities, Exterior Maintenance, Landscaping, Snow Removal, Extra Storage, Refuse Removal
  • Association Pool: No
  • Management: Owner Association
  • Pets Allowed: Yes
  • No Units: 6
  • Unit Building: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 14, 2003
Sold by
Konis Irene and Hoxha Irene
Bought by
Olsen Shari L
Current Estimated Value
$362,957

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Outstanding Balance
$55,729
Interest Rate
5.45%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$297,771

Purchase Details

Closed on
Jun 1, 1999
Sold by
Burns Gregory and Cahill-Burns Kathryn
Bought by
Hoxha Irene
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
Olsen Shari L $155,000 --
Hoxha Irene $76,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoxha Irene $124,000
Previous Owner Hoxha Irene $118,000
Previous Owner Hoxha Irene $30,000
Previous Owner Hoxha Irene $14,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2013 12/20/13 Sold $138,000 0.0% $174 / Sq Ft
12/13/2013 12/13/13 Pending -- -- --
11/27/2013 11/27/13 Off Market $138,000 -- --
11/25/2013 11/25/13 Price Changed $149,900 -3.0% $189 / Sq Ft
11/10/2013 11/10/13 Price Changed $154,500 -2.6% $194 / Sq Ft
11/01/2013 11/01/13 Price Changed $158,595 -3.1% $199 / Sq Ft
09/16/2013 09/16/13 For Sale $163,595 -- $206 / 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 $3,222 $284,100 $0 $284,100
2024 $3,132 $269,500 $0 $269,500
2023 $2,956 $236,300 $0 $236,300
2022 $2,838 $214,200 $0 $214,200
2021 $2,753 $199,500 $0 $199,500
2020 $2,689 $186,100 $0 $186,100
2019 $2,624 $173,800 $0 $173,800
2018 $2,492 $162,000 $0 $162,000
2017 $2,503 $157,800 $0 $157,800
2016 $2,280 $145,500 $0 $145,500
2015 $2,279 $138,900 $0 $138,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71585358

MLS Property Information Network (MLS PIN)

APN: SALE-000041-000000-000223-000801-000801